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SEBI Registered Research Analysts in Madhya Pradesh

277 of India's 2,134 registered research analysts are based in Madhya Pradesh, about 13 percent of the national total. They are spread across 16 cities, listed below.

Cities in Madhya Pradesh

Every registered analyst in Madhya Pradesh

Listed alphabetically. Contact details are on each analyst's profile.

Aakash Rathore Proprietor of Kuber Alpha Research

INH000013642

Indore2 years registered

Abhay Kumar Sharma Proprietor of Wealth Grow Research

INH000028459

JabalpurRegistered this year

Abhishek Panwar Proprietor of The Horizon Research Service

INH000013785

Indore2 years registered

Abhishek Ummat

INH000016302

Jabalpur2 years registered

Aditya Shivhare

INH000013873

Bhopal2 years registered

Ajay Kumar Jharbade proprietor of Dream Wealth Research Financial Services

INH000016083

Indore2 years registered

Ajay Kumar Soni

INH000026813

UjjainRegistered this year

Akansha Jain Proprietor of Dynamic Money Research Advisory Services

INH000024408

IndoreRegistered this year

Akash Khatri Proprietor Of Wealthy Brains

INH000009764

Jabalpur4 years registered

AKHIL KUMAR RAI PROPRIETOR 3i RESEARCH

INH000012689

Jabalpur2 years registered

Akhilesh Gupta

INH000013314

Indore2 years registered

Akhilesh Jat, Proprietor of Akar Market Research

INH000016649

Indore2 years registered

Akshay Patel

INH000017231

Jabalpur2 years registered

Alok Singh Proprietor Alpha Core Research

INH000024301

BhopalRegistered this year

Amit Kumar Singh Proprietor of Amit Kumar Singh Research Analyst

INH000015428

Indore2 years registered

Amit Kumar Upadhyay

INH000025540

IndoreRegistered this year

Amit Lall

INH000018416

Bhopal1 year registered

Amit Malviya Proprietor of Moneyplant Research

INH000020615

Indore1 year registered

Amit Mishra Proprietor of First Trade Research

INH000018753

Ujjain1 year registered

Anand Das Proprietor Of Stock India

INH000027061

IndoreRegistered this year

Aneela Killedar Proprietor of Global Vision Research

INH000015853

Indore2 years registered

Anil Kumar Asnani Prop. Smart Verc

INH000000420

Bhopal11 years registered

Anil patidar Proprietor of Valuematrix Research

INH000029227

DewasRegistered this year

Anish Rai Proprietor of Nivesh Research

INH000026460

IndoreRegistered this year

Anjali Gupta Proprietor Of Equitrade Research

INH000017170

Indore2 years registered

Ankit Singh Solanki

INH000026770

IndoreRegistered this year

Ankush Patel

INH000027706

RewaRegistered this year

Ankush Sanodiya Proprietor of Delight Financial Services

INH000021234

Indore1 year registered

Anuj Paharia Proprietor of Trade Opulence

INH000016658

Jabalpur2 years registered

Anujay Chouhan

INH000027779

UjjainRegistered this year

Anupam Bajpai

INH000016339

Indore2 years registered

Anupam Shrivastava

INH000011510

Jabalpur3 years registered

Archana Tiwari Proprietor of Grow Research Analyst

INH000017222

Bhopal2 years registered

Arihant Capital Markets LTD.

INH000002764

Indore10 years registered

Arpit Goyal

INH000013129

Bhopal2 years registered

Ashvin Patidar

INH000022181

Indore1 year registered

Astha Credit And Securities Private Limited

INH000013332

Bhopal2 years registered

Atin Agrrawal Proprietor Of SRK Research

INH000020785

Indore1 year registered

Atish Shakergaye Proprietor of Scoutstack Technical Research

INH000006086

Bhopal8 years registered

Atul Bapna

INH000021997

Indore1 year registered

Avinash Jaiswal

INH000018966

Khandwa1 year registered

Ayush Shrivastav

INH000026284

IndoreRegistered this year

Ayushi Agrawal Proprietor of Agrawal Money Grow

INH000024213

DewasRegistered this year

Ayusman Das Proprietor of Worth Market Research

INH000025841

IndoreRegistered this year

Bala Prasad Pal

INH000029209

ChhatarpurRegistered this year

Bharat Rathode Proprietor TradeAura Research

INH000010292

Indore3 years registered

Bhupendra Kumar Kushwaha

INH000022604

IndoreRegistered this year

CA Rahul Chhabadia

INH000016047

Khandwa2 years registered

Chakrapaani Mishra Proprietor of SigmaOne Capital

INH000027812

IndoreRegistered this year

Chandrakant Mathanker

INH000023056

IndoreRegistered this year

Chart Yogi

INH000024198

IndoreRegistered this year

Chetan Sharma Proprietor of Morning Bell Research

INH000018850

Indore1 year registered

Chetna Pandey

INH000025407

IndoreRegistered this year

Deepak Pal Proprietor Investogainer Research

INH000012856

Indore2 years registered

Deepika Bundela Proprietor of Trade Icon Research Analyst

INH000012865

Indore2 years registered

Deepika Patidar

INH000028699

IndoreRegistered this year

Deepika Sahu Proprietor of Hitanshi Capital

INH000019211

Indore1 year registered

demystify capital markets

INH000016065

Ujjain2 years registered

Devendra Rajak

INH000017693

Gwalior2 years registered

Devendra Sahu

INH000017824

Bhopal2 years registered

Devesh Dubey

INH000014146

Gwalior2 years registered

Dilpreet Singh Bhatia

INH000027724

IndoreRegistered this year

Divya Roy Proprietor Master Research

INH000022011

Indore1 year registered

Divya Sharma Proprietor of Intake Research

INH000026099

IndoreRegistered this year

Elitefinserv

INH000016409

Indore2 years registered

Ethics Research

INH000017754

Khandwa2 years registered

Falconphase Research Private Limited

INH000022020

Indore1 year registered

Finnalysis Research Analyst

INH000012759

Indore2 years registered

Freedom Investors Research Academy Private Limited

INH300008863

IndoreRegistered this year

Futurepride Wealth Management Private Limited

INH000029333

UjjainRegistered this year

Gaama Research Private Limited

INH000013509

Dewas2 years registered

GAURAV KUMAR TRIPATHI Proprietor of Capital Insight Research

INH000029306

IndoreRegistered this year

Gaurav Pathak Proprietor of Ruddraksh Research

INH000013749

Indore2 years registered

Gaurav Sethiya

INH000017374

Indore2 years registered

Gourav Dharkar

INH000025300

DharRegistered this year

Hardik Jain proprietor of M/S Eternal Research Investment Advisor

INH000022686

GwaliorRegistered this year

Hariom Rathor Proprietor of Capital Investo Research

INH000016755

Indore2 years registered

Harshit Kumar Singh Proprietor of Alpha Insiight

INH000020660

Indore1 year registered

Hemant Vishwakarma Proprietor of Market cube Research

INH000027849

IndoreRegistered this year

Himanshu Madhukar, Proprietor, Equisense Research

INH000016056

Indore2 years registered

Himanshu Soni

INH000026877

BhopalRegistered this year

Idrees Doulatganj Wala Proprietor of MI Grow Wealth

INH000019840

Ujjain1 year registered

Inderjeet Singh proprietor of Param Nivesh

INH000016144

Indore2 years registered

Indo Thai Securities Limited

INH000024842

IndoreRegistered this year

Invesia Research Private Limited

INH000022941

IndoreRegistered this year

Investedge Research Advisory Private Limited

INH000018212

Indore1 year registered

Inzamamul Haque Proprietor of The Indicators

INH000022206

Bhopal1 year registered

Ishan Tiwari Proprietor of Stock Yantra

INH000017639

Indore2 years registered

Jagdish Kumar Hotchandani

INH000025249

IndoreRegistered this year

Jainam Kothari

INH000028635

IndoreRegistered this year

Jatin Jain

INH000017994

Guna2 years registered

Jay Gupta Proprietor Marketline Research

INH000029218

IndoreRegistered this year

Jitendra Jaiswal

INH000012193

Indore3 years registered

Jitendra Parmar Proprietor of Galaxy Research

INH000022084

Ujjain1 year registered

Kalim Khan Proprietor of Petrel Capital Research

INH000014739

Ujjain2 years registered

Kapil Rathod Proprietor of The Kuber Group

INH000023940

IndoreRegistered this year

Kapil Verma Proprietor of Fusiontech Research

INH000019488

Indore1 year registered

Karan Vijayvargiya

INH000025470

IndoreRegistered this year

Kaushal Kumar Sharma

INH000024310

IndoreRegistered this year

Khusboo Vatsa Proprietor of Techfin Research Analyst

INH000026318

IndoreRegistered this year

Khushil Kumar Agrawal

INH000016579

Indore2 years registered

Kiran Nirapure

INH000028431

IndoreRegistered this year

Kratika Yadav Proprietor of Ethical Research

INH000018179

Indore2 years registered

Krishnpal Singh Proprietor Of Research Sewa

INH000026992

BhopalRegistered this year

Kuldeep Hanumant Proprietor of Goodluck Research

INH000020253

Indore1 year registered

Leji Sadanandan

INH000028495

BhopalRegistered this year

Lokendra Sahu Proprietor of Finomint Financial Services

INH000024648

IndoreRegistered this year

Lovelesh Sharma

INH000027937

IndoreRegistered this year

Madhur Suryavanshi

INH000025878

GwaliorRegistered this year

Mahaveer Jain Proprietor of Nextedge Research

INH000019910

Indore1 year registered

Mandot Securities Private Limited

INH000017648

Indore2 years registered

Manish Sahu Proprietor of Trade Via Research Analyst

INH000018009

Indore2 years registered

Manish Salvi Proprietor of Momentum Mantra

INH000015598

Ujjain2 years registered

Manjushri Sharma

INH000019497

Indore1 year registered

Manoj Kumar Sahu Proprietor of Worth Vision Research

INH000016524

Indore2 years registered

Manoj Lodhi

INH000027618

DewasRegistered this year

Manoj Rathore Proprietor Market Mentor Research & Academy

INH000021492

Bhopal1 year registered

Mayank Hardia

INH000014702

Indore2 years registered

Mayank Lodha

INH000028884

IndoreRegistered this year

Mayank Shukla Proprietor of Apex Research Financial Services

INH000019114

Indore1 year registered

Mayank Singh Chandel Proprietor of Chandel Street Capital

INH000013350

Anuppur2 years registered

Mayuri Chhaparwal Proprietor of Divine Research

INH000014720

Indore2 years registered

Milind Sonone Proprietor of Growbrow

INH000027584

IndoreRegistered this year

Mohammed Adil Qureshi Proprietor of StockYard

INH000019220

Indore1 year registered

Mohammed Shoaib Dayma Proprietor of FiSC Capital

INH000015525

Ratlam2 years registered

Mohd Sharafat Khan Proprietor Of Capsure Research

INH000019424

Indore1 year registered

MONEXAA RESEARCH Prop SATISH KUMAR PANDEY

INH000020387

Indore1 year registered

Mukesh Tailor

INH000025887

BhopalRegistered this year

Muruppel Kuruvila James Proprietor of Ideal Research

INH000014580

Indore2 years registered

Muskan Wadhwani Proprietor Omni Capital Market Research

INH000011848

Indore3 years registered

Na Supreme Research Private Limited

INH000017745

Indore2 years registered

Nagesh Morya

INH000028714

GwaliorRegistered this year

Nancy Gupta

INH000017514

Ujjain2 years registered

Nandita Rai Proprietor of Bhakti Wealth

INH000018054

Indore2 years registered

Narendra Singh Rajput Proprietor Finest Capital Research

INH000012652

Indore2 years registered

Neelesh Raghuwanshi

INH000026673

IndoreRegistered this year

Neetu Ahirwar Proprietor Of Soham Global Services

INH000027104

GwaliorRegistered this year

Neetu Kushwaha Proprietor of Trading Hub Research

INH000021401

Satna1 year registered

Neha Soni Proprietor of RK Research Solutions

INH000022002

Indore1 year registered

Nihal Binjwa Proprietor Money Magicians Research

INH000013891

Ujjain2 years registered

Nikita Jain Proprietor Balaji Elite Research

INH000020606

Indore1 year registered

Nilesh Kushwah Proprietor Aura Capital Financial Services

INH000020013

Indore1 year registered

Niraj Kumar Jain Proprietor Star Wealth Research

INH000013730

Indore2 years registered

Nirmal Choudhary Proprietor of Growfincap Financial Services

INH000028705

IndoreRegistered this year

NISHANT SHUKLA PROPRIETER of POSA

INH000023579

BhopalRegistered this year

Nishita Jain Proprietor of Stockbazaari

INH000018665

Indore1 year registered

Nitesh Jain Proprietor of One Nivesh

INH000021614

Indore1 year registered

Nitin Sharma Proprietor of WealthXplore Research Analyst

INH000019406

Indore1 year registered

Palash Kag Proprietor Sarathi Research

INH000012740

Indore2 years registered

Pankaj Bhargava Proprietor Finocia Technology

INH000028167

GwaliorRegistered this year

PANKAJ PAWAR Proprietor of CapitalLyft

INH000020934

Indore1 year registered

Pavan Choubey

INH000022792

JabalpurRegistered this year

Pavan Kumar Rawat proprietor of Rudra Research

INH000025966

IndoreRegistered this year

Pavan Raghuvanshi Proprietor of HighRise Research

INH000009427

Indore4 years registered

Pawan Porwal proprietor of Capital Craft Research

INH000016870

Indore2 years registered

Pawandeep Singh Pabla Proprietor of Laurel Financial Services

INH000023904

IndoreRegistered this year

Pooja Dwivedi Proprietor of Maa Kalika Research and Investment

INH000029281

BhopalRegistered this year

Prabhat Mittal

INH000001915

Bhopal10 years registered

Pradeep Carpenter

INH000019309

Indore1 year registered

Pradeep Sagore Proprietor of Smartgoal Research

INH000015765

Indore2 years registered

Prakash Yadav Proprietor Of Investedge Solution

INH000020767

Indore1 year registered

Pramod Patidar Proprietor of Equibalance Research

INH000020527

Indore1 year registered

Pratiksha Singh Proprietor of Apollotrust Research Services

INH000028644

IndoreRegistered this year

Praveen Dodiya

INH000024259

IndoreRegistered this year

Preetam Mewada Proprietor of Apex Solution Research

INH000017116

Indore2 years registered

Priyanshi Garg Proprietor of Equycom Research

INH000023409

IndoreRegistered this year

Project Options

INH000021225

Bhopal1 year registered

Quick Algoplus Private Limited

INH000028875

IndoreRegistered this year

Rachana A Vaidya

INH000012625

Bhopal3 years registered

Radheshyam Dandare Proprietor of Stockedge Research

INH000019336

Indore1 year registered

Raghawendra Trivedi Proprietor of Trade Yug Research

INH000026309

UjjainRegistered this year

Rahul Gundia

INH000015817

Khandwa2 years registered

Rahul Porwal Proprietor The Reliable Research

INH000019372

Ujjain1 year registered

Rahul Rai Proprietor of Sindhuja Research Services

INH000023445

IndoreRegistered this year

Raj Yadav Proprietor of Increnzo Technology

INH000027821

DewasRegistered this year

Rajendra Singh Chawalkar Proprietor RSC Research

INH000011486

Bhopal3 years registered

Rajit Rajoriya

INH000014599

Jabalpur2 years registered

Rajiv Dubey Prop. Trade Stone Research Services

INH000017888

Indore2 years registered

Rajiv Sharma Proprietor Capital Life Research

INH000022163

Indore1 year registered

Rakesh Pandeet Proprietor of Research Factory

INH000017028

Indore2 years registered

Raksha Sharma Proprietor of Pheonix Capital Research

INH000022446

IndoreRegistered this year

Ram Naresh Singh Proprietor Prime Market Research

INH000015039

Indore2 years registered

Ramesh Kumar Pandey Proprietor Money Treasure Research

INH000012731

Indore2 years registered

Rampal Singh Narwariya Prop. Value Maker Research

INH000016311

Indore2 years registered

Ranvir Pratap Singh Proprietor Redwood Financial

INH000021465

Indore1 year registered

Ratnesh Thakkar

INH000028264

IndoreRegistered this year

Ravi Chouhan

INH000019451

Ujjain1 year registered

Researchvia

INH000011538

Dewas3 years registered

Richa Agrawal Proprietor of Ariesindia Research

INH000025328

IndoreRegistered this year

Rishav Kasera Proprietor Novel Research House

INH000012218

Gwalior3 years registered

Ritesh Gupta Proprietor of Worthwhiz Financial Services

INH000014775

Indore2 years registered

Ritu Chouhan Proprietor of The Money Mint Research and Trading Academy

INH000014456

Indore2 years registered

Rohit Kumar Proprietor Of Moneyventure Research

INH000026114

IndoreRegistered this year

Rohit Parmar Proprietor of Unique Research

INH000023870

DewasRegistered this year

Rohit Soni Proprietor of Tradeline Research

INH000025054

IndoreRegistered this year

Rupesh Raj Proprietor of NextEra Research

INH000020280

Indore1 year registered

Sagar Patel

INH000014289

Ujjain2 years registered

Sahib Singh Hora

INH000026266

JabalpurRegistered this year

Sandeep Gome proprietor of Assure Market Research

INH000011802

Bhopal3 years registered

Sandeep Kushwah

INH000027690

IndoreRegistered this year

Sanjay Rajput

INH000026354

KhandwaRegistered this year

Sanjeev Kumar Kashyap Proprietor Of Moneycure Research Services

INH000013606

Indore2 years registered

Sanju Patel Proprietor of Beginning Research

INH000016825

Sagar2 years registered

Sanskriti Samadhiya Proprietor of Trupaisa

INH000026293

BhopalRegistered this year

Santosh Sharma, Proprietor SmartStox

INH000017055

Indore2 years registered

Saras Jain Proprietor Of Shri Badri Kerdareshwar Research And Investment

INH000013086

Sagar2 years registered

Satish Manavare Proprietor of Sterling Research

INH000027751

IndoreRegistered this year

Satish Vishwakarma

INH000023612

DewasRegistered this year

Saurab Jain Proprietor Investment Cure Research

INH000012838

Indore2 years registered

Saurabh Kumar Chaurasia Proprietor of Equimate

INH000017806

Bhopal2 years registered

Saurabh Saha Proprietor of Mark Research

INH000020314

Ujjain1 year registered

Saurabh Sahu Proprietor of Asset Financial Solution

INH000014322

Bhopal2 years registered

Saweety Saharan Proprietor of insight research

INH000011343

Indore3 years registered

Seiri Investment Private Limited

INH000022765

JabalpurRegistered this year

Shailendra Proprietor of The Wealth Gain

INH000024745

IndoreRegistered this year

Shailesh Singh Proprietor Assent Advisory

INH000021474

Indore1 year registered

Shashikant Nagar

INH000011264

Dewas3 years registered

Sheetal Sokhiya Porprietor of Shree Siddhi Investment

INH000023074

IndoreRegistered this year

Shikha Verma Proprietor of Dhanvriddhi Research

INH000028121

IndoreRegistered this year

Shishant Bhargava Proprietor of Gajnidhi Research

INH000011097

Ujjain3 years registered

Shivam Rane Proprietor of Stock Emphasis

INH000020022

Indore1 year registered

Shivam Yadav Proprietor of Stox Elite

INH000017921

Indore2 years registered

Shivangi Patel

INH000026752

BhopalRegistered this year

Shivansu Jaiswal Proprietor Investment Multiplier Research

INH000024718

IndoreRegistered this year

Shivpal Rajput Proprietor of Sumedha Research

INH000019770

Indore1 year registered

Shreenath Infotech

INH000017976

Indore2 years registered

Shubham Sewarik Proprietor of Fundtrack Research

INH000023658

IndoreRegistered this year

Shubham Sharma Proprietor Of The Rapid Investors

INH000018559

Indore1 year registered

Shyam Sharma

INH000028033

IndoreRegistered this year

Siddharth Patel Proprietor Dhanshree Research

INH000028680

BhopalRegistered this year

Sonu Sharma Proprietor Ms SMP Research Solution

INH000024055

GwaliorRegistered this year

Sourav Kushwah Proprietor Of Aone Research

INH000025823

IndoreRegistered this year

SP Researchvia Private Limited

INH000015808

Dewas2 years registered

Subhash Singh Tomar Proprietor Confluence Research Service

INH000014207

Indore2 years registered

Sumit Khare

INH000013615

Bhopal2 years registered

Sumit Vyas Proprietor of Skyline Financial Services

INH000028370

IndoreRegistered this year

Sunil Nagar Proprietor of Market Vision Research

INH000026363

DewasRegistered this year

Supreme Research

INH000015215

Dewas2 years registered

Syed Haris Ali Proprietor of Alpha Wealth Research

INH000014650

Indore2 years registered

Taha Rahi Proprietor of Finarts Research

INH000018780

Sagar1 year registered

Tarun Kumar Patidar Proprietor of Equifin Research

INH000013624

Indore2 years registered

Tasneem Press wala

INH000026716

IndoreRegistered this year

The Manifesto Research

INH000015677

Ujjain2 years registered

Tilak Raj Singh Chouhan Proprietor of Ram Financial Research

INH000026080

UjjainRegistered this year

Tredify Research And Finance Private Limited

INH000023791

RatlamRegistered this year

Trillion Stock Research Prop Prachi Sharma

INH000020129

Indore1 year registered

Tycoon Research Analyst

INH000015561

Dewas2 years registered

Unicorn Research Firm

INH000025337

IndoreRegistered this year

Urvashi Barod Proprietor of Versatile Research Venture

INH000017444

Indore2 years registered

Uttam Singh Bais

INH000011255

Satna3 years registered

Vaibhav Jain

INH000015437

Indore2 years registered

VARUN BHARGAV Proprietor of Profit X Research

INH000014508

Bhopal2 years registered

Varun Sharma Proprietor of Chart View Research

INH000027520

IndoreRegistered this year

Vidit Khare

INH000026549

IndoreRegistered this year

Vijay Gupta Proprietor of Egrow Capital Services

INH000027441

IndoreRegistered this year

Vijay Moye Proprietor of Tradespike Research Services

INH000012883

Indore2 years registered

Vijay Porwal

INH000028158

IndoreRegistered this year

Vikas Bagoriya Proprietor of Just Research

INH000011459

Dewas3 years registered

Vikas Baldi

INH000022260

Indore1 year registered

Vikas Bhatt Proprietor The Wealth Navigator

INH000022808

IndoreRegistered this year

Vikash Kumar Gupta

INH000020378

Katni1 year registered

Vikash Kumar Jain Proprietor Virtual Technologies And Financial Services

INH000020545

Indore1 year registered

Vikash Sharma Proprietor Stock Market Research & Services

INH000016153

Guna2 years registered

Vikram Singh Thakur Proprietor Of Venture Fincorp

INH000015288

Indore2 years registered

Vinay Kumar Singh Proprietor of Vpack Capital Research

INH000021100

Indore1 year registered

Vinod Kumar Saha Proprietor of The Divine Research and Wealth Solution

INH000013077

Indore2 years registered

Vishnu Shreekar Proprietor of Equitas Research

INH000024329

DharRegistered this year

Visual Research

INH000012786

Indore2 years registered

Vivek Awad Proprietor of Fortune Wolf Research

INH000021863

Ujjain1 year registered

Vivek Rana Proprietor of Investment Mirrors Research

INH000019363

Rewa1 year registered

Vivek Singh Rajpoot Proprietor of Dhansetu Research

INH000024550

IndoreRegistered this year

Vivek Soni Proprietor Easy Trade Insights

INH000022419

GunaRegistered this year

Wasim Shah Proprietor MoneyScals Investment and Research

INH000026558

RatlamRegistered this year

Wealth Wishers

INH000022640

IndoreRegistered this year

Wise Global Research Services Private Limited

INH000016719

Indore2 years registered

Yogendra Singh Negi Proprietor of Investing Options

INH000019992

Indore1 year registered

Yogesh Lalwani proprietor of Unicap Research

INH000024204

IndoreRegistered this year

Not sure what to look for? Read what SEBI registration does and does not guarantee before you get in touch. Data 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.