Share Biz Research

SEBI Registered Research Analyst

Disclosure Document

Disclosure Document for Research Services

This document outlines key information about Sharebizresearch’s research services so that prospective clients can make an informed decision before onboarding.

History, Business & Background

  • Sharebizresearch provides independent research recommendations in the securities market using publicly available information and its own analysis methods.
  • The Research Analyst associated with this service is SEBI‑registered as Sai Prasad Himmatrao Holkar with registration number INH000019901.
  • The brand name under which research services are offered is Sharebizresearch.
  • The entity does not provide investment advice related to fund management, trade execution, implementation, or any other related services.
  • Sharebizresearch and the Research Analyst do not operate client trading accounts and do not place orders on behalf of any client.

Terms & Conditions

  • The scope is limited to independent research reports and recommendations. It is not investment advice, portfolio management, or personal financial planning.
  • There is no guarantee of profit, return, accuracy, or continuity. Market results can be very different from expectations.
  • Dealing or trading in securities or indices involves market risks, including possible loss of capital. Past performance does not guarantee future results.
  • All investment or trading decisions are the client’s own responsibility. Sharebizresearch and Sai Prasad Himmatrao Holkar are not responsible for any direct or indirect loss or damage arising from such decisions.

Disciplinary History

  • As per SEBI Rules and Regulations, no penalty, direction, or disciplinary action has been issued by SEBI under the SEBI Act, 1992 or SEBI (Research Analyst) Regulations, 2014 against Sai Prasad Himmatrao Holkar in connection with research analyst activities or services.
  • There are no pending or ongoing legal cases, regulatory investigations, or inspection findings related to SEBI or any other authority against Sai Prasad Himmatrao Holkar, to the best of current knowledge and record.
  • No pending material litigations, legal proceedings, inspection findings, or investigations for which regulatory action has been taken or initiated, to the best of current knowledge.

Disclosures – Research & Recommendations

  • No Personal Trading Conflict: The Research Analyst and associated persons do not trade, directly or indirectly, in the securities or derivatives that are the subject of the research recommendation at the time of publication or thereafter, until such recommendation is made publicly available.
  • Conflict of Interest: Any actual or potential conflict of interest with respect to the subject company or securities covered in a research report that could compromise objectivity will be disclosed in that report as per SEBI (RA) Regulations.
  • Compensation Disclosure: Neither Sharebizresearch nor the Research Analyst has received any compensation or other monetary benefits from the company that is the subject of a research recommendation in the past twelve months, where such compensation could influence the recommendation.
  • No Participation in Public Offerings: The Research Analyst and Sharebizresearch are not involved in managing, co‑managing, or underwriting any public offering of securities for the subject company, as restricted under applicable SEBI regulations.
  • No Investment / Merchant Banking Fees: The Research Analyst and Sharebizresearch have not received any investment banking, merchant banking, or brokerage services compensation from the subject company, nor do they anticipate any such compensation in the near future.
  • Independence of Research: All research reports and recommendations are prepared independently and objectively without any influence from the issuer, intermediary, or third party.
  • Non-Individual Research Limitation : Research reports and recommendations issued by Share Biz Research do not constitute investment advice as defined under SEBI (Investment Advisers) Regulations, 2013. They are intended for general informational purposes and are not tailored to the investment objectives, financial situation, or needs of any specific client.
  • Certification by Research Analyst: The Research Analyst certifies that all views expressed in the research report represent his/her honest and unbiased opinion, and no part of his/her compensation was, is, or will be directly or indirectly related to the specific recommendation or views expressed.
  • Compliance Oversight: Share Biz research ensures that all research activities comply with the Code of Conduct prescribed under SEBI (Research Analyst) Regulations, maintaining fairness, independence, and integrity in every research publication.

General Caution: The research material is prepared using sources believed to be reliable. However, no guarantee—express or implied—is given about its completeness, accuracy, or suitability for any purpose. Clients should verify the information and decide whether it is suitable for them. This research content should be reviewed with a qualified adviser. By accessing Sharebizresearch, the client accepts these terms and the inherent risks of securities markets.