Disclaimer for Research Services:
i. This research report has been prepared by a SEBI-registered Research Analyst in accordance with applicable regulatory requirements. SEBI registration details and disclosure and disclaimers of concern Research Analyst is provided either in research report or via separate link.
ii. 5paisa is only facilitating/distributing this research report and has not prepared, modified the contents of this report
iii. The views, opinions, estimates, recommendations, and target prices contained in this report are solely those of the above-mentioned Research Analyst and do not necessarily represent the views of 5paisa.
iv. Investors should independently evaluate the recommendations contained in this report and consult their financial advisers before taking any investment decision. Investment in securities is subject to market risks.
v. This report is being distributed without any modification to the original recommendations or conclusions of the Research Analyst
vi. Where the report is circulated through a website, mobile application, Telegram, WhatsApp, or other social media: This communication is only a mode of dissemination of a research report prepared by a SEBI-registered Research Analyst and should not be construed as investment advice or a recommendation by 5paisa
vii. 5paisa is registered with SEBI as a Stock Broker/Depository Participant/Research Analyst. Distribution of this report does not create a client relationship with the original Research Analyst or 5paisa unless separately agreed.
viii. The 5paisa does not selectively distribute only favourable reports.
ix. 5paisa is a SEBI registered Research Entity having SEBI Registration no. INH000025188 and BASL Registration no.6953. and it is confirmed that the employee or their relatives or 5paisa or affiliates do not have actual or beneficial ownership of 1% or more in the securities of the subject company as of publishing of the recommendation., or have no other financial interest and do not have any material Conflict of Interest.
Other disclaimers :
1. Investments in securities market are subject to market risks. Read all the related documents carefully before investing.
2. Registration granted by SEBI and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.
3. We do not provide any guaranteed profit or fixed returns or any other services.
4. Images shared are for illustration purposes only.
5. We are not responsible for any financial loss or any other loss incurred by the client.
6. Please be fully informed about the risks and costs involved in trading and investing. Please consult your investment advisor before trading. Trade only as per your risk appetite and risk profile.
7. We advise the viewers to apply their own discretion while referring to testimonials shared by the client. Past performances and results are no guarantee of future performance.
5paisa Capital Limited is registered with SEBI with INH000025188 as the SEBI registration number. The registered office address of 5paisa Capital Limited is IIFL House, Sun Infotech Park, Road no. 16V, Plot no. B-23, MIDC, Thane Industrial Area, Waghle Estate, Thane, Maharashtra - 400604. The CIN number of the company is L67190MH2007PLC289249. The BASL Membership Number is 6953.
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1. These terms and conditions, and consent thereon are for the research services provided by the Research Analyst (RA) and RA cannot execute/carry out any trade (purchase/sell transaction) on behalf of, the client. Thus, the clients are advised not to permit RA to execute any trade on their behalf.
2. The fee charged by RA to the client will be subject to the maximum of amount prescribed by SEBI/ Research Analyst Administration and Supervisory Body (RAASB) from time to time (applicable only for Individual and HUF Clients).
Note: 2.1. The current fee limit is Rs. 1,51,000/- per annum per family of client for all research services of the RA.
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3. RA may charge fees in advance if agreed by the client. Such advance shall not exceed the period stipulated by SEBI; presently it is one Year. In case of pre-mature termination of the RA services by either the client or the RA, the client shall be entitled to seek refund of proportionate fees only for unexpired period.
4. Fees to RA may be paid by the client through any of the specified modes like cheque, online bank transfer, UPI, etc. Cash payment is not allowed. Optionally the client can make payments through Centralized Fee Collection Mechanism (CeFCoM) managed by BSE Limited (i.e. currently recognized RAASB).
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6. Any assured/guaranteed/fixed returns schemes or any other schemes of similar nature are prohibited by law. No scheme of this nature shall be offered to the client by the RA.
7. The RA cannot guarantee returns, profits, accuracy, or risk-free investments from the use of the RA’s research services. All opinions, projections, estimates of the RA are based on the analysis of available data under certain assumptions as of the date of preparation/publication of research report.
8. Any investment made based on recommendations in research reports are subject to market risks, and recommendations do not provide any assurance of returns. There is no recourse to claim any losses incurred on the investments made based on the recommendations in the research report. Any reliance placed on the research report provided by the RA shall be as per the client’s own judgement and assessment of the conclusions contained in the research report.
9. The SEBI registration, Enlistment with RAASB, and NISM certification do not guarantee the performance of the RA or assure any returns to the client.
10.For any grievances, Step 1: the client should first contact the RA using the details on its website or following contact details:
| Details Of | Contact Person | Address | Contact No. | Email ID | Working Hours |
|---|---|---|---|---|---|
| Customer Care | Ms. Rachana Kollambi | IIFL House, Sun Infotech Park, Road no. 16, Plot no. B23, MIDC, Thane Industrial Estate, Wagle Estate | 8976689766 | support@5paisa.com | Mon to Fri 8:30 AM to 6:00 PM |
| HOD Customer Care | Dhruv Kapadia | 8976689293 | grievance@5paisa.com | ||
| Compliance Officer | Ravindra Kalavankar | 8976689510 | compliance@5paisa.com | ||
| CEO | Gaurav Seth | 8976689638 | ceo@5paisa.com |
Step 2: If the resolution is unsatisfactory, the client can also lodge grievances through SEBI’s SCORES platform at www.scores.sebi.gov.in
Step 3: The client may also consider the Online Dispute Resolution (ODR) through the Smart ODR portal at https://smartodr.in
11. Clients are required to keep contact details, including email id and mobile number/s updated with the RA at all times.
12. The RA shall never ask for the client’s login credentials and OTPs for the client’s Trading Account Demat Account and Bank Account. Never share such information with anyone including RA.