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Warning: Impersonation & Fraud Alert

I do NOT manage funds, guarantee returns, or operate unverified groups on Telegram/WhatsApp. If you receive investment tips claiming to be from me, please report immediately. Verify my registration on SEBI's official website.

SEBI Registered Research Analyst Reg No: Update before publication

Dwipanjit Handique

SEBI Registered Research Analyst providing evidence-based, transparent equity research for the Indian securities market.

Every recommendation is grounded in disciplined analysis, fully disclosed, and compliant with SEBI (Research Analysts) Regulations, 2014.

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Years Experience
SEBI
Registered & Verified

Market Risk Disclosure: Investment in securities market are subject to market risks. Read all the related documents carefully before investing. Registration granted by SEBI and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.

SEBI
Registered Analyst
100%
Disclosed Research
0
Tip Groups · No Calls
SCORES
Grievance Channel

About

Research with integrity.
Compliance by design.

Dwipanjit Handique is a SEBI Registered Research Analyst (registration number to be updated before publication) committed to delivering disciplined, unbiased equity research for individual and institutional investors navigating the Indian securities market.

With deep expertise in fundamental analysis and a strict adherence to SEBI's regulatory framework, every report published under this registration is grounded in data, disclosed transparently, and free from conflicts of interest.

SEBI RA Regulations, 2014 Compliant
NISM Certified
Full Disclosure on Every Report
SEBI Registration
Update before publication
Research Analyst | Granted: update before publication | Valid till: update before publication
Investor Helpline
1800 22 7575
SEBI Toll-Free | Complaints: SCORES Portal

Services

Research, not advice.

All services are research-only in nature. These are generic research reports, not personalized investment advice. Please consult a SEBI-registered Investment Adviser for personalized guidance.

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Fundamental Equity Research

In-depth company analysis covering business model, financials, competitive moat, management quality, and valuation. Reports include full SEBI-mandated disclosures.

Coverage: Equity Cash Segment
On request
Enquire →
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Sectoral & Thematic Reports

Macro-level sector analysis identifying structural themes, growth drivers, and key risks within specific industries. Suitable for long-term strategic insight.

Coverage: Multi-sector India Focus
On request
Enquire →
🎓

Research & Learning Access

Educational content covering research methodology, valuation frameworks, and how to read SEBI-compliant research reports. Not personalized investment advice.

Format: Telegram / PDF / Live
On request
Enquire →

Important: All research services are generic in nature and are NOT personalized investment advice. I am registered as a Research Analyst (RA) and NOT as an Investment Adviser (IA). Research does not account for your individual financial goals, risk appetite, or portfolio. Please consult a SEBI-registered IA for personalized advice.


Education

Market Mastery Studio

A focused, modern education programme covering market structure, technical analysis, derivatives, risk psychology, and strategy playbooks — built for learners who want clarity, not noise.

Purely educational. Independent from any personalised investment advice.

Inside the Studio
Live
  • 01
    Market Structure & Behaviour
    How price actually moves · 6 lessons
  • 02
    Technical Analysis Foundations
    Patterns, momentum, volume · 8 lessons
  • 03
    Futures & Options Theory
    Pricing, Greeks, payoffs · 7 lessons
  • 04
    Risk & Psychology
    Position sizing & discipline · 5 lessons
  • 05
    Strategy Playbooks
    End-to-end frameworks · 6 lessons
Total
32 lessons · self-paced
Education only
Not investment advice

Research Reports

Published Research

All reports include mandatory SEBI disclosures. Reports are for registered clients only.

Equity Research
Research reports will appear here after publication
Each report will include rating, date, target price, source notes, and mandatory SEBI disclosures.
Disclosed Download PDF

All research reports published on this website are for information purposes only. They do not constitute an offer or solicitation to buy or sell securities. Past performance is not indicative of future results. Every report carries a mandatory SEBI disclosure footer with registration number, financial interest declaration, and disclaimer.


Mandatory — SEBI Regulation 19A

✓ Investor Charter

Investor Charter

Securities and Exchange Board of India (SEBI) mandates all registered intermediaries to maintain and publish an Investor Charter. Last Updated: 24 May 2026

1. Introduction

This Investor Charter outlines the relationship between Dwipanjit Handique (the "Research Analyst") and its clients. It summarizes the services offered, the rights of the investor, and the obligations of both parties to ensure transparency and fairness, in accordance with SEBI (Research Analysts) Regulations, 2014.

2. Services Offered

  • Equity research reports and buy/sell/hold recommendations
  • Sector-specific analysis and macro-thematic outlooks
  • Educational research content (not personalized advice)
  • Model portfolio (hypothetical/benchmark only — not fund management)

All services in accordance with SEBI (RA) Regulations, 2014.

3. Your Rights as an Investor

Right to Transparency: Receive clear, unbiased research reports with full methodology disclosure.
Right to Disclosure: Know whether the RA holds financial interest in any recommended security.
Right to Grievance Redressal: Fair and timely resolution of complaints via the process in Section 7.
Right to Information: Access SEBI registration status and professional qualifications at any time.

4. Investor Responsibilities

Provide Accurate Information during KYC and onboarding.
Understand Market Risks — research reports are not profit guarantees.
Independent Decision Making — the final investment decision lies solely with you.
Timely Communication of any changes in your financial situation.

5. Operational Compliance

KYC: All fee-paying clients undergo mandatory Know Your Client process before research services commence.

Fee Structure: Fees are fixed or subscription-based as detailed in the MITC document provided at onboarding.

Conflict Management: A strict internal Conflict Log is maintained. All personal trades are recorded and a cooling-off period is observed between personal trades and public recommendations to prevent front-running.

6. Do's and Don'ts

✓ Do
  • Verify RA credentials on SEBI portal
  • Read the full report before acting
  • Check all disclosures in the footer
  • Keep records of all reports received
  • Use official channels only
✗ Don't
  • Share SEBI reg no with others
  • Pay in cash or unverified methods
  • Act on Telegram tips without disclosure
  • Expect guaranteed returns
  • Share login credentials

7. Grievance Redressal Process

LEVEL 1 — Compliance Officer
Dwipanjit Handique
Email: contact@dwipanjithandique.in | Phone: update before publication
Response within 10 working days
LEVEL 2 — SEBI SCORES Portal
If unresolved by Compliance Officer
File complaint at: scores.gov.in ↗
SEBI will respond within 30 days
LEVEL 3 — Online Dispute Resolution
SMART ODR (Securities Market Arbitration)
smartodr.in ↗
Binding arbitration for unresolved disputes

Regulatory Disclosures

Disclosure — Research Analyst Services

In compliance with SEBI (Research Analysts) Regulations, 2014 and SEBI Master Circular (June 2023)

Standard Report Disclosure (Appended to Every Research Report)
DISCLOSURE: I, Dwipanjit Handique, am registered with SEBI as a Research Analyst. Registration number must be updated before public launch and included in every report.
Financial Interest: Financial interest, if any, in the security mentioned in a report will be disclosed in that specific report.
Corporate Relationship: Direct or indirect corporate relationship, if any, with the company mentioned will be disclosed in the report.
Compensation: Compensation received from the company or its group companies in the last 12 months, if any, will be disclosed in the report.
Disclaimer: Investment in securities is subject to market risks. Read all the related documents carefully before investing. The views expressed in this report are based on the analysis of available data and are subject to change without notice.
Social Media & Telegram Disclaimer
"Registered RA. SEBI registration number must be inserted before posting. This post is for educational purposes and not a personalized investment recommendation. Please consult your financial adviser before trading. Full disclosures and Investor Charter available at dwipanjithandique.in."

Dwipanjit Handique is registered with SEBI as a Research Analyst in terms of SEBI (Research Analysts) Regulations, 2014. The registration number must be inserted before public launch. This registration does NOT constitute any approval or endorsement by SEBI of the quality of service or the veracity of any statement or claim made here.

Dwipanjit Handique is NOT registered as a Portfolio Manager, Investment Adviser, Stock Broker, or Depository Participant. Any activity that falls outside the scope of Research Analyst registration is NOT conducted or offered.

A Conflict of Interest Log is maintained as per Regulation 16 of SEBI (RA) Regulations, 2014. All personal holdings, family holdings, and associate holdings in recommended securities are disclosed in the relevant research report.

Front-Running Prevention: No securities recommended in any research report shall be traded (bought or sold) by the RA, associates, or family members during the period between the research report preparation and its publication, or during the documented cooling-off period after publication, except as disclosed in the report.

Performance Fees: No performance-based fee or profit-sharing arrangement is in place unless explicitly permitted under the prevailing Master Circular and disclosed in the MITC document.

Any financial interest in securities mentioned in published research reports is disclosed in the individual report. The RA, associates, and family members may or may not hold positions in recommended securities. All such positions are updated in each report.

No compensation has been received from any company covered in this research in the last 12 months, unless explicitly stated in the specific report.

Research reports are prepared using publicly available information including, but not limited to: Annual Reports, Quarterly Financial Results, Exchange Filings (BSE/NSE), SEBI Disclosures, Management Interviews, and Sector Data from Government sources (CMIE, RBI, MOSPI, MCA).

All AI-assisted analysis, if any, is subject to Human-in-the-Loop (HITL) verification by the registered RA. The RA is legally responsible for every statement in each published report regardless of preparation method.


Transparency

Investor Complaint Data

As required by SEBI, complaint data is updated monthly. Last updated: May 2026

Month Opening Balance Received Resolved Pending (End) Avg Resolution (Days)
April 2026 0000
March 2026 0000
February 2026 0000
January 2026 0000

* Update this table monthly. SCORES complaints must be included once received from the portal.


Grievance Redressal

Have a complaint?
We have a process.

SEBI mandates a structured, time-bound grievance redressal mechanism. Follow the steps below. Your rights are protected.

Step 1 — Direct Contact (Within 10 Working Days)
Contact the Compliance Officer

Write to contact@dwipanjithandique.in. Phone number should be updated before publication. Please include your registered name, contact details, nature of grievance, and relevant report/date.

Step 2 — SEBI SCORES (If Unresolved in 30 Days)
SEBI Complaints Redress System

If your complaint is not resolved within 30 days, you may lodge a formal complaint on the SEBI SCORES portal. You can also call SEBI at 1800 22 7575 (Toll Free).

Open SCORES Portal ↗
Step 3 — Online Dispute Resolution
SMART ODR Portal

For disputes that remain unresolved through SCORES, you may access SEBI's Online Dispute Resolution (ODR) framework for conciliation and arbitration.

Open SMART ODR ↗

Contact Details

Compliance Officer
Dwipanjit Handique
Dwipanjit Handique Research
Phone
Update before publication
Address
Registered office address to be updated before publication.
SEBI Registration
Update before publication
SEBI Investor Helpline
1800 22 7575
Toll Free | Mon-Fri 9:30am–5:30pm

Legal

Terms & Conditions

MITC-Compliant as per SEBI Circular (Feb 2025). Last Updated: 24 May 2026

Dwipanjit Handique provides generic equity research reports, sector analysis, and educational content as a SEBI Registered Research Analyst. The SEBI registration number must be inserted before public launch. All services are research-only in nature and do NOT constitute personalized investment advice, portfolio management, or fund management.

The RA is NOT a Portfolio Manager, Investment Adviser, or Stock Broker. Any activity outside the defined scope of Research Analyst registration under SEBI (RA) Regulations, 2014 is not offered or implied.

Fees are fixed or subscription-based as described in the MITC document provided at onboarding. Payment is accepted only through traceable banking or regulated payment channels to registered accounts. No cash payments are accepted.

Performance-based fees or profit-sharing is NOT offered unless explicitly stated and permitted under the prevailing SEBI Master Circular.

Investment in securities market is subject to market risks. Past performance is not indicative of future results. Research reports are based on publicly available data and subjective analysis — they are not guarantees of profit, nor do they protect against loss.

The investor is solely responsible for the investment decision and its outcomes. Dwipanjit Handique shall not be held liable for any financial loss arising from actions taken based on research reports.

All research reports, website content, and materials published by Dwipanjit Handique are proprietary and protected by intellectual property laws. Unauthorized reproduction, redistribution, or republication without written consent is prohibited.

Clients may use research content for personal investment decision-making only. Commercial use, resale, or redistribution of reports is strictly prohibited.

To the maximum extent permitted by law, Dwipanjit Handique's liability for any claim arising from research services shall be limited to the fees paid for the specific service giving rise to the claim. No liability is accepted for indirect, consequential, or incidental losses.

These terms are governed by the laws of India and the regulations of SEBI. Any disputes shall be subject to competent courts in India and SEBI's dispute resolution mechanism as applicable.


Policy

Refund Policy

Subscription Services

Refund requests made within 7 days of subscription start date will be considered if no research report has been delivered. Once a research report is delivered, no refund is applicable for that period.

Individual Reports

No refunds are applicable for individual research reports once delivered, as the intellectual property has been provided.

Exceptional Circumstances

In cases of service non-delivery, technical failure attributable to the RA, or regulatory non-compliance on part of the RA, refund requests will be processed within 15 working days of verification.

For all refund requests, email contact@dwipanjithandique.in with your subscription details and reason. Decisions are final and in accordance with SEBI guidelines.


Compliance

Anti-Money Laundering (AML) Policy

Dwipanjit Handique is committed to full compliance with the Prevention of Money Laundering Act, 2002 (PMLA) and SEBI guidelines on KYC and AML.

KYC Requirements

All fee-paying clients must complete mandatory KYC before services commence. PAN and Aadhaar verification is required. KYC documents are stored securely and in compliance with data protection norms.

Cash Transaction Policy

No cash payments are accepted for any service. All transactions are conducted through registered banking channels, UPI, or regulated payment gateways with full audit trails.

Suspicious Transaction Reporting

Suspicious transactions, as defined under PMLA, will be reported to the Financial Intelligence Unit (FIU-India) as required by law. Client information may be shared with regulatory authorities when legally mandated.

Record Retention

All KYC records, transaction records, and research reports are retained for a minimum period of 5 years in accordance with SEBI and PMLA requirements.


Quick Facts

FAQ for investors and answer engines

Clear factual answers about the website, compliance boundary, grievance process, and education product.

Who is Dwipanjit Handique?

Dwipanjit Handique is presented as a SEBI Registered Research Analyst providing research-only Indian equity market insights, disclosures, investor charter information, grievance redressal details, and educational market content. The exact SEBI registration number must be inserted before public launch.

Does this website provide personalized investment advice?

No. The services described here are research-only and educational in nature. They are not personalized investment advice, portfolio management, brokerage, fund management, guaranteed returns, or assured profit services.

How can investors raise a complaint?

Investors can first contact the compliance officer at contact@dwipanjithandique.in. If unresolved, they may use the SEBI SCORES portal at scores.gov.in and then SMART ODR at smartodr.in for eligible disputes.

What is Market Mastery Studio?

Market Mastery Studio is the connected educational course app. It covers market structure, technical analysis, derivatives foundations, risk psychology, and strategy playbooks. It is educational only and not personalized investment advice.


Contact

Get in touch.

For research enquiries, subscriptions, or compliance-related queries. Responses within 2 working days.

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Phone
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Registered Address
Registered office address to be updated before publication.
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SEBI Registration
Update before publication
Verify on SEBI →
SEBI Contact Details
Investor Helpline
1800 22 7575
Complaints Portal
scores.gov.in ↗
Online Dispute Resolution
smartodr.in ↗
SEBI Website
sebi.gov.in ↗

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