Standard Statutory Disclaimer: Registration granted by SEBI, enlistment as a Research Analyst with RAASB (BSE Limited) and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors. Investment in securities market is subject to market risks. Read all the related documents carefully before investing.
1. Registration Details
In accordance with disclosure requirements prescribed by SEBI and RAASB, the verified registration particulars of the Research Analyst are set out below:
| Field | Entry Particulars |
|---|---|
| Name of Research Analyst | Lokhandwala Raj Zahir (Individual Research Analyst) |
| Trade Name | 8848 Research (sole proprietorship) |
| Type of Registration | Individual |
| SEBI Registration No. | INH000025452 |
| Date of Registration | 13/03/2026 |
| Validity of Registration | Perpetual, subject to continued compliance and payment of fees |
| BSE (RAASB) Enlistment No. | 7001 |
| Registered Office Address | 2nd Floor, AR Plaza, Ravapar Road, Morbi, Gujarat. 363641. |
| Official Contact | Phone: +91 97277 36063 | Email: admin@8848invest.com |
| Official Website | https://8848invest.com |
| Principal Officer | Lokhandwala Raj Zahir |
| Compliance Officer | Lokhandwala Raj Zahir · admin@8848invest.com · +91 97277 36063 |
| Grievance Officer | Lokhandwala Raj Zahir · admin@8848invest.com · +91 97277 36063 |
| GSTIN | 24AUIPL1403C1ZC |
2. Corresponding SEBI Offices
Western Regional Office (WRO)
Securities and Exchange Board of India, Panchvati, 1st Floor, Gulbai Tekra Road, Ahmedabad – 380 006, Gujarat.
Phone: +91 79 2656 2112 / 2656 2110 · Email: ahmedabad-ro@sebi.gov.in
SEBI Head Office
SEBI Bhavan, Plot No. C4-A, G Block, Bandra Kurla Complex, Bandra (E), Mumbai – 400 051.
Phone: +91 22 2644 9000 · Toll-Free Helpline: 1800 22 7575 / 1800 266 7575
3. Nature of Services
8848 Invest provides research services within the meaning of Regulation 2(1)(w) of the SEBI (Research Analysts) Regulations, 2014: independent research reports on listed Indian equities and model portfolio recommendations, delivered to subscribers through the members' area of this website.
8848 Invest does not provide investment advisory services under the SEBI (Investment Advisers) Regulations, 2013, does not manage client funds or securities, does not execute trades, and does not distribute any financial products.
4. Other Business Activities
The Research Analyst is not engaged in any other business or professional activity, on a whole-time basis or in an executive capacity, which interferes with, influences, or has the potential to influence the independence of research reports and recommendations.
5. Statutory Links
- SEBI List of Recognized Intermediaries: sebi.gov.in/otherAction
- SEBI SCORES 2.0 (Investor Complaints): scores.sebi.gov.in
- SEBI SMART ODR (Online Dispute Resolution): smartodr.in
- RAASB (BSE Limited) Portal: bseindia.com/RAASB
- SEBI Investor Education Portal: investor.sebi.gov.in
6. Annual Compliance Audit Status
In accordance with Regulation 25(3) of the SEBI RA Regulations, the annual compliance audit record is maintained as follows:
| Financial Year | Audit Status | Auditor | Adverse Findings | Action Taken |
|---|---|---|---|---|
| FY 2025-26 | Completed on 06-10-2026 | CS Anjali Bansal Membership no.: 41639 |
NISM certificate expired | Applied for a new certificate |