Important Factuals

Research Analyst Details

SEBI Registration Number: INH000017550
Registration Type: Non-Individual
Validity: 15th July 2024 to Perpetuity

SEBI Details Address

SEBI Bhavan, Plot No.C4-A, ‘G’ Block, Bandra-Kurla Complex, Bandra (East), Mumbai – 400051

SCORES

https://scores.sebi.gov.in/

Investor Charter

Vision and Mission Statements for Investors

Vision

Invest with knowledge & safety.

Mission

Every investor should be able to invest in the right investment products based on their needs, manage and monitor them to meet their goals, access reports, and enjoy financial wellness.

Details of Business Transacted by the Research Analyst with Respect to the Investors

• To publish a research report based on the research activities of the RA.
• To provide an independent unbiased view on securities.
• To offer an unbiased recommendation, disclosing the financial interests in recommended securities.
• To provide research recommendations based on analysis of publicly available information and known observations.
• To conduct an audit annually.

Details of Services Provided to Investors (No Indicative Timelines)

• Onboarding of Clients.
• Disclosure to Clients.
• Distributing research reports and recommendations to clients without discrimination.
• Maintaining confidentiality regarding publication of the research report until it is made public.

Details of Grievance Redressal Mechanism and How to Access It

• Grievance Resolution: Investors should approach the concerned research analyst for resolution within 30 days.

• Escalation: If unresolved, complaints can be lodged with SEBI on the SCORES portal, a centralized web-based complaint redressal system. It allows tracking the status of the complaint.

• Physical Complaints: Send complaints to:

  Office of Investor Assistance and Education,
  Securities and Exchange Board of India,
  SEBI Bhavan, Plot No. C4-A,
  ‘G’ Block, Bandra-Kurla Complex,
  Bandra (E), Mumbai – 400 051.

Expectations from the Investors (Responsibilities of Investors)

Do’s

1. Always deal with SEBI-registered Research Analysts.
2. Ensure the Research Analyst has a valid registration certificate.
3. Check for the SEBI registration number.
4. Refer to the list of SEBI-registered Research Analysts on the SEBI website:
   https://www.sebi.gov.in/sebiweb/other/OtherAction.do?doRecognisedFpi=yes&intmId=14
5. Pay attention to disclosures made in the research reports before investing.
6. Make payments to the Research Analyst through banking channels only and maintain duly signed receipts.
7. Before buying securities or applying for public offers, check the research recommendations.
8. Ask questions and clarify doubts with the Research Analyst before acting on their recommendation.
9. Inform SEBI about Research Analysts offering assured or guaranteed returns.

Don’ts

1. Do not provide funds for investment to the Research Analyst.
2. Avoid falling prey to luring advertisements or market rumors.
3. Do not get attracted to limited-period discounts or other incentives, gifts, etc., offered by Research Analysts.
4. Do not share login credentials and passwords of your trading and Demat accounts with the Research Analyst.

Complaint Data

Data for the Month Ending - May 2025

Trend of Monthly Disposal of Complaints

Trend of Annual Disposal of Complaints

Disclaimer

Yobee Research Private Limited (hereafter mentioned as “Yobee”) is a SEBI-registered Research Analyst under SEBI (Research Analyst) Regulations, 2014.
Yobee Research Private Limited or its associates have not been debarred/suspended by SEBI or any other regulatory authority for accessing/dealing in the securities market.

General Disclaimer

The information and views in the reports, on our website, and all services ("Research Information") provided by Yobee are believed to be reliable. However, we do not represent or warrant the accuracy, completeness, or reliability of the information. Investors and clients are advised to independently evaluate market conditions and risks before making any trading or investment decisions.

The Research Information is not intended to be an exhaustive statement on the financial instruments, issuers, markets, or developments referred to therein. Reasonable care has been taken to ensure that the Research Information is not misleading or untrue at the time of publication. Any opinions expressed in the Research Information are subject to change without notice. The analysis is based on numerous assumptions, and different assumptions could result in materially different outcomes.

Liability Disclaimer

The information in research reports is for private use by the recipient and carries no liability on the part of Yobee, its partners, employees, or associates. Research material published does not constitute an offer or solicitation to buy or sell any securities. It should not form the basis of, or be relied upon, for any contract or commitment.

The Firm, its employees, and associated entities are not responsible for any loss or damage arising from errors in the information contained in the research reports. The information provided is for assistance only and should not alone be taken as the basis for an investment decision.

Confidentiality and Usage

Clients (paid or unpaid), third parties, or others do not have the right to forward, share, or distribute Yobee's calls, SMS, reports, or any information provided directly or indirectly by us. Serious legal action will be taken for any breach.

All information on yobee.co.in, research reports, or other services is solely for the personal use of the recipient and must not be used singularly as the basis for any trading or investment decision. Free research posted on the website is for educational purposes only.

Conflict of Interest

Unless disclosed otherwise, Yobee, its employees, and associates are not aware of any relationships or circumstances that could reasonably impair the objectivity of the Research Information. Research reports issued under specific instructions are for the sole benefit of the client and must not be shared without Yobee's consent.

Investment and Market Risks

The Firm, its affiliates, and employees may, from time to time, make investments. The views in the reports and advisory services are those of the analyst and may not match the views of the Subject Company. Research based on technical and derivative analysis focuses on studying charts of a stock’s price movement, outstanding positions, and trading volume, and may not align with a report on the company's fundamentals.

Research is based on publicly available information, internal data, and other reliable sources. However, Yobee does not guarantee accuracy or completeness, and it should not be relied upon as such. Information may change without notice. Regulatory, compliance, or other reasons may prevent updates.

Disclosure

Descriptions about “Research Analyst”

Terms and conditions of Research and Recommendation Services are detailed in the terms and condition document. Please refer to the same for details.

No penalties or directions have been issued by SEBI under the SEBI Act or Regulations made thereunder against the Research Analyst relating to Research Analyst services.

There are no pending material litigations or legal proceedings, findings of inspections, or investigations for which action has been taken or initiated by any regulatory authority against the Research Analyst or its employees.

Disclosures with Respect to Research and Recommendation Services

• Research Analyst may have financial interest or actual/beneficial ownership in the securities recommended in its personal portfolio. Details of the same may be referred to in the disclosures made at the time of advice.
• There are no actual or potential conflicts of interest arising from any connection to or association with any issuer of products/securities, including any material information or facts that might compromise objectivity or independence in carrying out Research Analyst services. Such conflicts of interest shall be disclosed to the client as and when they arise.
• Research Analyst or its employee or associates have not received any compensation from the subject company in the past 12 months.
• Research Analyst or its employee or associates have not managed or co-managed the public offering of the subject company in the past 12 months.
• Research Analyst or its employee or associates have not received compensation for investment banking, merchant banking, or brokerage services from the subject company in the past 12 months.
• Research Analyst or its employee or associates have not received compensation for products or services other than the above from the subject company in the past 12 months.
• Research Analyst or its employee or associates have not received any compensation or other benefits from the subject company or any third party in connection with the research report or recommendation.
• The subject company was not a client of the Research Analyst, its employee, or associates during the twelve months preceding the date of distribution of the research report and recommendation services provided.
• Research Analyst or its employee or associates have not served as an officer, director, or employee of the subject company.
• Research Analyst has not been engaged in market-making activity for the subject company.
• Registration granted by SEBI, and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors