SEBI Research Analyst Registration
Register as a SEBI Research Analyst — RA-1 application, eligibility assessment, compliance framework and all ongoing SEBI RA obligations set up end-to-end.
Get your SEBI Research Analyst registration
Share your qualifications and business model. We assess eligibility, prepare the RA-1 application and set up your compliance framework.
Talk to a CS →A complete SEBI RA registration package
Eligibility Assessment
Qualification, experience and net worth requirements verified before filing RA-1 application.
RA-1 Application Filing
SEBI Research Analyst registration application filed on the SEBI intermediary portal.
Code of Conduct Setup
Research Analyst code of conduct, conflict of interest policy and disclosure framework established.
Compliance Manual
Written compliance manual covering report issuance, client disclosures and SEBI RA regulations drafted.
Annual Compliance
SEBI RA annual compliance report, net worth certificate and registration renewal managed.
Client Disclosure Templates
Standard research report disclaimers, conflict disclosures and client risk profiling templates prepared.
What SEBI Research Analyst registration requires
Qualification
NISM Series XV Research Analyst Certification mandatory — plus a post-graduate degree or 5 years of relevant experience.
Net Worth
Individual RA: net worth of Rs. 1 lakh minimum. Body corporate: net worth of Rs. 25 lakhs minimum.
BASL Membership
Research Analysts must be members of BASL (BSE Administration and Supervision Ltd) — mandatory from 2022.
Code of Conduct
A written code of conduct addressing conflicts of interest, disclosure requirements and research objectivity.
Compliance Officer
Body corporate RAs must appoint a compliance officer responsible for SEBI RA regulation adherence.
Annual Report to SEBI
Annual compliance report and audited net worth certificate must be filed with SEBI.
Operating as a Research Analyst without SEBI registration is illegal and attracts penalties of up to Rs. 25 crores. We handle the complete RA registration and set up your compliance framework before you publish the first report.
Common SEBI RA registration issues
Simple steps, no surprises
Eligibility confirmed
NISM XV certification, net worth, experience and BASL membership verified.
RA-1 application filed
Complete SEBI RA registration application filed on the intermediary portal.
Compliance framework set up
Code of conduct, conflict policy, report templates and compliance manual established.
Ongoing compliance managed
Annual compliance report, net worth certificate and registration renewal handled every year.
Other services you may need
Frequently asked questions
A SEBI Research Analyst (RA) is an individual or entity registered with SEBI under the Research Analyst Regulations 2014 to issue research reports and recommendations on securities. Anyone who publishes investment recommendations publicly must be SEBI-registered as a Research Analyst.
Applicants must hold a valid NISM Series XV Research Analyst Certification. Additionally, either a post-graduate degree in finance, economics, business or related field, or at least 5 years of experience in financial analysis or securities research is required.
BASL (BSE Administration and Supervision Ltd) is a SEBI-recognised body for Research Analysts. SEBI mandated BASL membership for all RAs from 2022. Membership requires passing the eligibility criteria and paying annual membership fees. Without BASL membership, RA registration cannot be obtained or renewed.
Ongoing obligations include: filing an annual compliance report with SEBI, maintaining net worth above the threshold, renewing NISM certification every 3 years, renewing BASL membership annually, maintaining a register of clients, disclosing conflicts of interest in every research report, and following the SEBI RA code of conduct.
Yes. A body corporate (company or LLP) can register as a SEBI Research Analyst with a minimum net worth of Rs. 25 lakhs. The company must appoint a compliance officer and at least one principal officer who holds the NISM XV certification.
Ready to register as a SEBI Research Analyst?
We handle RA-1 filing, BASL membership, compliance framework setup and ongoing annual compliance — start publishing legally.