Finilyst
Finilyst

Investor Complaints Data

Data for the month ending: October 2026

Sr. No. Received from Pending at end of last month Received Resolved Total Pending Pending > 3 months Average Resolution Time (Days)
1Directly from Investors 000000
2SEBI (SCORES) 000000
3Other Sources (if any) 000000
Grand Total 000000

Number of complaints received during the month against the RA due to impersonation by another entity: 0

SEBI Registered Research Analyst

Finilyst, SEBI registered research analyst

Finilyst publishes research reports on Indian listed securities. We are a research analyst only. We do not manage money, take trades or promise returns.

Investment in securities market is subject to market risks. Read all related documents carefully before investing.Registration granted by SEBI, enlistment with RAASB and NISM certification do not guarantee performance or assure returns.

Services & fees

Research plans

Finilyst provides research reports only. A client decides and places every trade on their own. Fees are for research and never depend on how a recommendation performs.

Annual research services

Standard

₹99,999per annum
  • 2 to 3 intraday research ideas, each with its reasoning and risks
  • Follow-up updates on the ideas we have published
  • Market update at the opening and at the close
  • Global market updates
  • Intraday research carries a high risk of loss. No outcome is guaranteed.

Advance

₹1,49,999per annum
  • Everything in Standard
  • Advanced intraday research ideas, each with its reasoning and risks
  • Two holding (investment) research reports every month
  • Analyst support twice a month
  • Intraday research carries a high risk of loss. No outcome is guaranteed.

One-time registration: Silver and Gold

Silver and Gold are one-time registration plans. Each gives 5 days of access to one research service. A client can register for them once.

Silver

₹9,999one-time, 5 days of access
  • Access to Standard research only
  • The fee is adjusted against the Standard plan fee if you subscribe to Standard
  • Refund as per SEBI rules for the unexpired period

Gold

₹14,999one-time, 5 days of access
  • Access to Advance research only
  • The fee is adjusted against the Advance plan fee if you subscribe to Advance
  • Refund as per SEBI rules for the unexpired period
Fee limits that apply to every plan. For individual and HUF clients the maximum fee is ₹1,51,000 per year per family, for all research services together, excluding statutory charges. A family cannot combine plans beyond this limit. Advance fees are collected for one quarter at most, so annual plans are billed quarterly. We do not charge any cancellation or breakage fee, and unused fees are refunded as set out in our refund policy. Clients may also pay through the optional Centralised Fee Collection Mechanism (CeFCoM) run by BSE Limited.

How onboarding works

  • KYC as per SEBI norms
  • Risk profiling before service starts
  • Signed or e-signed service agreement and the Most Important Terms and Conditions (MITC)
  • Payment by UPI, using Finilyst's UPI ID or QR code. Pay only through your own banking app and keep the transaction reference. UPI ID: FINILYST.RA@VALIDPNB. UPI QR code for merchant FINILYST on PNB. Scan it with any UPI app to pay.

Refund policy

  • You or Finilyst may end the research service before it expires.
  • If a Standard or Advance service ends early, you receive a refund of the fees for the unexpired period only, in proportion to the time left.
  • Silver and Gold registration fees are refunded as per SEBI rules, for the unexpired period of the service.
  • We do not charge any cancellation or breakage fee.
  • Fees are collected in advance only if you agree, and never for more than one quarter.
  • Any amount collected above the limit SEBI sets, or paid twice, is refunded.
  • Refunds are paid back through banking channels. Refunds are processed within 21 days of your request.
  • To ask for a refund, contact us using the details in the Contact section. If you are not satisfied, follow the grievance steps on this page.

Registration & verification

Check us before you subscribe

Investors can verify any research analyst on the SEBI website before paying. Search the intermediary list for Research Analysts using the registration number below.

Registered namePraveen Chandra Sour Proprietor of Finilyst
Type of registrationResearch Analyst, individual (proprietorship)
SEBI registration no.INH000029935
Registration validity07 Sep 2026 – Perpetual. The registration fee is paid for five years and renewed within three months before the period ends.
Enlistment with RAASB (BSE)Enlistment No. 7490, from 07 Sep 2026
Registered addressR1/1161 Kunwarpura Road, Shivnagar Colony, Tikamgarh, Madhya Pradesh 472001
Compliance officerPraveen Sour

Disclosures

What you should know before you rely on our research

Risk and performance

  • Investment in securities market is subject to market risks. Read all related documents carefully before investing.
  • SEBI registration, enlistment with RAASB and NISM certification do not guarantee the performance of the research analyst or assure any returns to a client.
  • Finilyst does not guarantee returns, profits or accuracy, and does not offer risk-free investments.
  • Past performance does not indicate future results. Any performance shown on this site follows the format SEBI prescribes.

Conflict of interest

  • The research analyst may hold or trade securities and derivatives personally. Holdings, financial interest and any other conflicts are disclosed in each research report as SEBI requires.
  • Trading restriction: the research analyst does not deal or trade in a security covered by a research report during the 30 days before and the 5 days after the report is published, and does not trade against a recommendation, as the SEBI (Research Analysts) Regulations, 2014 require.
  • Research activity is kept separate from any other permitted activity.
  • Finilyst does not execute trades or manage funds for clients.

Scope of services

  • Finilyst offers research services only, in line with the SEBI (Research Analysts) Regulations, 2014.
  • Clients take investment decisions at their own discretion and risk.
  • Finilyst does not accept money for trading or investment and does not provide tips through unregistered channels.

Grievance redressal

If something goes wrong

Raise a complaint with us first. If it is not resolved, you can escalate to SEBI and use online dispute resolution.

Step 1

Write to Finilyst

Send your complaint to the grievance officer, Praveen Sour, at praveensounr06@gmail.com or 7470855921.

Step 2

Lodge it on SCORES

If the reply does not satisfy you, file a complaint on SEBI's SCORES platform.

scores.sebi.gov.in

Step 3

Use SMART ODR

For securities market disputes, you can also use the online dispute resolution portal.

smartodr.in

Investor Complaints Data

Data for the month ending: October 2026

Sr. No. Received from Pending at end of last month Received Resolved Total Pending Pending > 3 months Average Resolution Time (Days)
1 Directly from Investors 000000
2 SEBI (SCORES) 000000
3 Other Sources (if any) 000000
Grand Total 000000

Number of complaints received during the month against the RA due to impersonation by another entity: 0

Trend of Monthly Disposal of Complaints

Sr. No. Month Carried Forward Received Resolved Pending
1October 20260000
Grand Total0000

Trend of Annual Disposal of Complaints

Sr. No. Year Carried Forward Received Resolved Pending
12026–270000
Grand Total0000

Most Important Terms and Conditions

The terms every client accepts

These points summarise the standard MITC. The full document is shared with each client before the service starts, and the client's consent is recorded.

  • The client chooses to subscribe to the research service at their own discretion.
  • Finilyst cannot execute any purchase or sale transaction on behalf of a client.
  • The fee is subject to the maximum SEBI or RAASB prescribes for individual and HUF clients, currently ₹1,51,000 per year per family, excluding statutory charges.
  • Advance fees do not exceed the period SEBI stipulates, presently one quarter.
  • Finilyst may suspend or end the service on stated grounds, and refunds unused fees as per its policy.
  • Finilyst cannot guarantee returns, profits, accuracy or risk-free investments.
  • The client relies on research reports at their own judgement and assessment.
  • Complaints follow the grievance process above, including SCORES and SMART ODR.

Contact

Reach the research analyst

Name
Praveen Sour
Email
praveensounr06@gmail.com
Telephone
7470855921
WhatsApp
Message on WhatsApp (7470855921)
Office hours
Monday to Friday, 8:30 AM to 6:30 PM IST
Address
R1/1161 Kunwarpura Road, Shivnagar Colony, Tikamgarh, Madhya Pradesh 472001
Compliance officer
Praveen Sour
Grievance officer
Praveen Sour

Terms of use

Using this website

These terms cover your use of this website. Paid research is governed separately by the Most Important Terms and Conditions (MITC) and the service agreement you sign before subscribing.

Information only

  • Content on this site is general information about Finilyst and its research services. It is not personal investment advice.
  • Nothing here guarantees returns, profits or accuracy. Investment in securities market is subject to market risks.
  • Research reports are meant for the person who subscribed to them. Do not copy, resell or redistribute them.

Links and changes

  • Links to SEBI, BSE, SCORES and SMART ODR lead to sites we do not operate or control.
  • We may update this site and these terms. The version on this page applies when you visit.
  • These terms are governed by the laws of India. Courts at Tikamgarh, Madhya Pradesh have jurisdiction, without limiting your right to complain to SEBI through SCORES, to use SMART ODR, or to any other remedy the law gives you.

Privacy policy

How we handle your information

This page describes what this preview of the website does today. It will be updated when forms, client login or payments are added.

What this site collects

  • This page has no forms and sets no cookies of its own, and it does not run analytics or advertising trackers.
  • Fonts load from Google Fonts, so your browser contacts Google when the page opens. Google may see your IP address.
  • If you email or phone us, we use the details you give only to reply and to keep a record of the conversation.
  • Do not send PAN, Aadhaar, bank details, passwords, OTPs or UPI PINs to us by email or on this site.

Your rights and our contact

  • You can ask what personal data we hold about you, and ask us to correct or delete it, as the Digital Personal Data Protection Act, 2023 and its rules provide.
  • Contact the grievance officer, Praveen Sour, at praveensounr06@gmail.com or 7470855921.
  • How long we keep records: at least 5 years. We may keep some records longer where the law or SEBI rules require it.