Disclosure

As per SEBI (Research Analysts) Regulations, 2014

About Myself

I am Shubham Ganesh Shirkar, a SEBI Registered research analyst (Registration no - INH000016913).

Qualifications: Master of Management Studies (Finance); 7+ NISM Certifications.

Professional Experience:
Founder of ShubInvests (2024 - Present)
Equity Research Analyst at StockGro (2024 - Present)
Equity Relationship Manager at ICICI Securities (2023 - 2024)
Securities Division Intern at IIFL Securities (2022)

About My Business Activity

SEBI Registered Research Analyst since June 2024, providing research recommendation in Equity (Small & Mid-Cap Investing, Fundamental Analysis & Valuation).

Disciplinary History

There is no disciplinary history in my name, and there are no pending orders or outstanding litigations.

Terms & Conditions for Research Report

Details of associates:

I do not have any employees

Ownership and Material Conflicts of Interest:

  • The Research Analyst or his relatives or associates do not have financial interest in the subject Company
  • The Research Analyst or his relatives or associates do not have actual/beneficial ownership of one per cent or more securities of the subject Company, at the end of the month immediately preceding the date of publication of the research report
  • The Research Analyst or his relatives or associates do not have any other material conflict of interest at the time of publication of the research report

Receipt of Compensation:

  • The Research Analyst or his associates have not received compensation from the subject Company in the past twelve months
  • The Research Analyst or his associates have not managed or co-managed public offering of securities for the subject Company in the past twelve months
  • The Research Analyst or his associates have not received any compensation for investment banking or merchant banking or brokerage services from the subject Company in the past twelve months
  • The Research Analyst or his associates have not received any compensation for products or services other than investment banking or merchant banking or brokerage services from the subject company in the past twelve months
  • The Research Analyst or his associates have not received any compensation or other benefits from the subject Company or third party in connection with the research report

General Disclosure & AI Tools

  • The Research Analyst has not served as an officer, director or employee of the subject Company
  • The Research Analyst has not been engaged in market making activity for the subject Company

Use of AI Tools: In compliance with Regulation 19(vii) and Regulation 24(7) of the SEBI (Research Analyst) Regulations, we hereby declare that no Artificial Intelligence (AI) tools are currently used in the preparation, generation, or distribution of our research services. All research outputs are derived through human analysis and traditional research methodologies.

Warnings and Disclaimers

Warning: "Investments in securities market are subject to market risks. Read all the related documents carefully before investing."

Disclaimer: "Registration granted by SEBI, membership of a SEBI recognized supervisory body (if any) and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors."

Risk Associated in Open Positions

Our recommendations may be open, we may not provide any stop-loss or target price in securities recommendations. This will cause a huge loss on your portfolio in adverse market conditions or company events.

Loss Possibility

Market risks may result in partial or permanent loss of investments under certain market conditions.

Educational Purposes

Information provided on social media platforms is for educational purposes and should not be considered investment advice.

Past Performance

Past performance is not indicative of future results.

Contact & Grievance Details

SEBI Registration

Number: INH000016913

Validity: June-24 - Perpetual

Compliance Officer

Name: Shubham Ganesh Shirkar

Email: contact@shubinvests.com

Phone: +91 8422990105

SEBI Contacts

Toll-Free Number: 1800 22 7575 or 1800 266 7575