Karnik Kalpesh Shah
Registration details
- SEBI registration number
- INH000023807
- Registered since
- 11 November 2025
- Validity
- Perpetual
- Name on the register
- KARNIK KALPESH SHAH
- Contact person
- Karnik Shah
Registered office
412 ARUN CHAMBERS, TARDEOMumbai, Maharashtra 400034
Hidden by default to protect against automated address harvesting.
What the register tells you
Registered in 2025, making this one of the more recent additions to SEBI's research analyst register.
This is 1 of 364 registered analysts with a registered address in Mumbai, and 1 of 640 across Maharashtra. Nationally there are 2,134 registered analysts, so Mumbai accounts for 17.1 percent of them.
Karnik Kalpesh Shah is registered as an individual analyst rather than a firm. The registration is tied to this person, so the person whose name is on the research is the person SEBI holds accountable. Individual analysts often cover a narrower set of securities, which can mean deeper coverage but less breadth.
2 other analysts are registered at pincode 400034: DSIJ Wealth Advisory Private Limited, WealthTrust Capital Services.
Are you Karnik Kalpesh Shah?
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Registration details reproduced from SEBI's public register as on August 3, 2026.
Compiled from SEBI's public register of Research Analysts as on August 3, 2026. Registration details change: always confirm someone's current status on the official SEBI register before engaging them.
Inclusion in this directory is not an endorsement, recommendation, or assessment of any analyst. The Rational Investor is not affiliated with SEBI or with anyone listed, receives no payment for listings, and does not verify the services analysts offer. Read our full disclaimer.