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SEBI-registered Research Analyst LLP

Research that starts with verification, not assumption.

Governance-first equity research on small and mid-cap India — every order flow cross-checked against BSE/NSE filings before it becomes a fact.

Coverage
Small & mid-cap
Method
SATYA framework
Sources
Primary filings

Our method

The SATYA framework

Satya means “truth” — the discipline behind every report we publish.

  • S Scrutiny of Financials Purity over Paper Earnings
  • A Assurance of Governance Promoter Ethics, Investor Safety
  • T Valuation & Growth Trajectory Right Price, Sustainable Growth
  • Y Yield & Capital Allocation Capital Efficiency, Compounded Value
  • A Absolute Accountability Unbiased Analysis, Uncompromising Discipline

Fewer assumptions, more filings.

Independence first

Conclusions driven by primary-source verification, not narrative convenience.

Transparency in process

A consistent, disclosed methodology — not a black box.

Regulatory compliance

Governance, documentation and disclosure built to SEBI RA standards.

No conflicted coverage

Related-party and governance risks flagged as standard practice.

What we publish

Our services

Four research products, one standard of verification. Every note is built from primary filings and carries the evidence behind its conclusion.

01

Equity Research Reports

In-depth coverage of small and mid-cap companies, delivered as structured research notes with valuation models, quarterly operational breakdowns and earnings-quality checks.

See these reports
02

Governance & Forensic Screening

Related-party transaction scrutiny, order-book cross-verification against exchange filings, and red-flag identification before a name enters coverage.

03

Thematic Sector Research

Deep dives into structural growth themes — defence procurement, EMS and electronics localisation, infrastructure, recycling and the circular economy.

See these reports
04

Technical Analysis

Momentum and trend-based screening using indicator frameworks (RSI, MACD, ADX) to establish prudent entry zones, target levels and defined invalidation points.

See these reports

Who does the work

Our partners

Every note carries a name. Both partners are NISM-certified Research Analysts, with a combined quarter-century in Indian markets.

Read full profiles
Atul Singh, Founder and Partner

Atul Singh

Founder and Partner

NISM-certified Research Analyst

Leads compliance and operations. A NISM-certified Research Analyst with over 15 years of experience in the stock market.

Akshay Inamke, Partner and Research Analyst

Akshay Inamke

Partner and Research Analyst

NISM-certified Research Analyst · Law graduate

Leads the research team and operations. A NISM-certified Research Analyst and law graduate with over 10 years of market experience.

Service details

Pricing plans

One subscription, everything published while it runs. Fees are capped at the SEBI-prescribed limit of ₹151,000 per annum per family for Individual/HUF clients.

Half-Yearly Access

Six months of governance-first research

₹13,999 for 6 months

Works out at ₹2,329 a month · GST included

  • 4–5 long-term and short-term calls combined
  • Fundamental and technical studies behind every call
  • Sector-wise research reports
  • Market discussion notes
  • Order verification against BSE/NSE filings
Service fee
₹11,863.56
GST @ 18%
₹2,135.44
Total payable
₹13,999.00
Get Started

UPI, card or net banking. Cash is not accepted.

Most subscribed

Annual Package

A full year of governance-first equity research

₹24,999 for 1 year

Works out at ₹2,085 a month · GST included

Save 10% — about ₹2,923 over the term

  • 8–10 long-term calls across the year
  • 8–10 short-term calls across the year
  • Fundamental and technical studies behind every call
  • Market discussion to keep you oriented through the cycle
  • Sector-wise research reports on structural growth themes
  • Order verification against BSE/NSE filings, not press releases
Service fee
₹21,185.59
GST @ 18%
₹3,813.41
Total payable
₹24,999.00
Get Started

UPI, card or net banking. Cash is not accepted.

Advance fees, where agreed, may not exceed one year. On premature termination by either party you receive a pro-rata refund for the unexpired period with no breakage fee retained — see our refund policy and MITC.

Complex market. ASAN understanding.

Register once, complete your KYC, and start reading research that shows its working.