Manish Goel

Research Analyst, registered with the Securities and Exchange Board of India

SEBI Registration No. INH100004775 | BSE Enlistment No. 5228

This website is published in compliance with the SEBI (Research Analysts) Regulations, 2014 and SEBI circular SEBI/HO/MIRSD/MIRSD-PoD-1/P/CIR/2025/004 dated 8 January 2025. It carries the statutory disclosures of the research analyst. No research service, subscription or plan is offered through this website at present, and nothing on it is a solicitation to buy or sell any security.

Registration details

Name of the research analyst, as registered with SEBI: Manish Goel
Type of registration: Individual Research Analyst
SEBI registration number: INH100004775
Validity of registration: Perpetual — valid till suspended or cancelled by SEBI
BSE enlistment number (RAASB): 5228
Registered office address: Flat No. 2209B, Block 13, Chandigarh Housing Board, Sector 63, Chandigarh — 160022, India
Telephone: +91 82787 90586
E-mail: mnshgoyal@gmail.com
Principal officer / compliance contact: Manish Goel (individual research analyst) — mnshgoyal@gmail.com, +91 82787 90586
Corresponding SEBI office: SEBI, Northern Regional Office, NBCC Complex, Office Tower-1, 8th Floor, Plate B, East Kidwai Nagar, New Delhi — 110023 · Tel. 011-69012998 · Toll-free investor helpline 1800 266 7575 / 1800 22 7575

Disclaimer

Registration granted by SEBI, enlistment with RAASB and certification from NISM in no way guarantee the performance of the research analyst or provide any assurance of returns to investors.

Investments in securities market are subject to market risks. Read all the related documents carefully before investing.

The research analyst does not provide any assured, guaranteed or risk-free return, does not handle or manage funds or securities of any person, and does not provide execution services. No trade name, brand name or logo is used for the research analyst activity, which is carried on in the registered name “Manish Goel”.

Grievance redressal

In case of any grievance, an investor may take the following steps, in this order:

Write to the research analyst at mnshgoyal@gmail.com or call +91 82787 90586. Grievances are acknowledged promptly and resolved within 21 calendar days of receipt.
Lodge a complaint with SEBI on SCORES (SEBI Complaints Redress System) at https://scores.sebi.gov.in — a centralised web-based complaints redressal system.
Initiate online dispute resolution through the SMART ODR portal at https://smartodr.in, in terms of SEBI's Online Dispute Resolution framework.

Complaints data

Data for the month ending 30 September 2026 — complaints received against the research analyst (disclosed monthly in terms of SEBI circular dated 13 December 2022)
Received from	Pending at month start	Received	Resolved	Pending at month end	Average resolution time (days)
Directly from investors	0	0	0	0	—
SEBI (SCORES)	0	0	0	0	—
Stock exchanges / RAASB	0	0	0	0	—
SMART ODR	0	0	0	0	—
Total	0	0	0	0	—

Trend of annual disposal of complaints
Year	Carried forward	Received	Resolved	Pending
2025-26	0	2	2	0
2026-27 (to date)	0	0	0	0
Both complaints of 2025-26 were received through SCORES and stand disposed. No complaint is pending.

Investor Charter for Research Analysts

As specified by SEBI for research analysts. The full charter is set out below.

Vision and mission

Vision — Invest with knowledge and 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.

Business transacted by the research analyst with the investor

To publish research report based on the research activities of the research analyst.
To provide an independent, unbiased view on securities.
To offer unbiased recommendations, 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.
To ensure that all advertisements are in adherence with the provisions of the Advertisement Code for research analysts.
To maintain records of interactions with all clients, including prospective clients (prior to onboarding), where any conversation related to research services has taken place.

Services provided to investors — do's and don'ts

Do's

Always deal with SEBI registered research analysts.
Ensure that the research analyst has a valid registration certificate.
Check for SEBI registration number — the list of all SEBI-registered research analysts is available on the SEBI website.
Always pay attention towards disclosures made in the research reports before investing.
Pay your research analyst through banking channels only and maintain duly signed receipts mentioning the details of your payments. You may make payment of fees through the Centralized Fee Collection Mechanism (CeFCoM) of RAASB, if research analyst has opted for the mechanism.
Before buying or selling securities or applying in a public offer, check the research recommendation provided by your research analyst.
Ask all relevant questions and clear your doubts with your research analyst before acting on the recommendation.
Seek clarifications and guidance on research recommendations from your research analyst, especially if they involve complex and high-risk financial products and services.
Always be aware that you have the right to stop availing the service of a research analyst as per the terms of service agreed between you and your research analyst.
Always be aware that you have the right to provide feedback to your research analyst in respect of the services received.
Always be aware that you will not be bound by any clause, prescribed by the research analyst, which is contravening the regulatory provisions.
Inform SEBI about research analysts offering assured or guaranteed returns.

Don'ts

Do not provide funds for investment to the research analyst.
Do not fall prey to luring advertisements or market rumours.
Do not get attracted to limited period discounts or other incentives, gifts, etc. offered by the research analyst.
Do not share login credentials and passwords of your trading, demat or bank accounts with the research analyst.

Grievance redressal mechanism and how to access it

Investors can approach the research analyst directly; the research analyst shall ensure that the grievance is resolved within the time specified by SEBI.
If not satisfied with the response, investors can lodge a complaint with SEBI on SCORES, SEBI's centralised web-based complaints redressal system, or write to any SEBI office. SEBI takes up the complaint with the research analyst and follows it up.
Investors may also initiate dispute resolution through the SMART ODR portal under SEBI's online dispute resolution framework.

Rights of investors

Right to privacy and confidentiality.
Right to transparent practices.
Right to fair and equitable treatment.
Right to adequate information.
Right to initial and continuing disclosure — including the receipt of material information about the research analyst and conflicts of interest.
Right to fair and true advertisement.
Right to awareness about service parameters and turnaround times.
Right to be informed of the timelines for each service.
Right to be heard and satisfactory grievance redressal.
Right to have timely redressal.
Right to exit from financial product or service as per agreed terms.
Right to receive clear guidance and caution notice when dealing in complex and high-risk financial products and services.
Additional rights to vulnerable consumers — right to get access to services in a suitable manner even if differently abled.
Right to provide feedback on the financial products and services used.
Right against coercive, unfair and one-sided clauses in financial agreements.

Expectations from investors — responsibilities

Do — deal only with SEBI-registered research analysts; be aware of the voluntary freeze/blocking facility of trading accounts; read all documents and conditions being agreed before availing the services; pay the research analyst through banking channels only, and maintain duly signed receipts.

Don't — fall for unrealistic promises of assured returns; act on rumours or unverified tips; share trading credentials; deal with unregistered entities.