How to Read a Stock Broker's SEBI Record

SEBI's directory presents information about registered intermediaries. This guide explains how to compare that information; it does not determine a broker's current status, assess a provider, or tell you whether to open an account.

Start with the current official result

Search the legal name, trade name, or registration number in SEBI's recognised intermediaries directory. The stock-broker record can show the name, trade name, registration number, email, telephone number, address, validity information, and exchange name.

Check the date shown by the directory and use the current result rather than relying only on an old screenshot, spreadsheet, search snippet, or third-party page.

Compare the fields you can independently check

Compare the legal name and trade name with the name used in the account-opening material and communications you received. A different brand or website name should be treated as a prompt to check more carefully, not as proof of a relationship.

Compare the registration number and recorded address or contact details with the information supplied to you. Where multiple exchange entries appear, they describe the exchange names shown in that SEBI result; do not assume they establish services or membership in other market segments.

Open the current SEBI result by registration number where possible.
Record the legal name, trade name, registration number, and result date.
Compare those details with the provider's current account documents and official contact details.
If there is a mismatch, do not send money or credentials until you have clarified it through independently found official contact channels.

Keep the limits of the record in mind

A directory record is not an endorsement, a complaint-history report, a pricing comparison, or an assessment of product features. It cannot by itself confirm whether a particular offer, app, caller, or payment instruction is legitimate.

SEBI's investor material advises investors to keep account records and review communications such as statements and contract notes. Read the specific provider's current account documents and charges before deciding whether to open an account.

Frequently asked questions

Why might the same broker appear more than once in a SEBI result?

The directory may show more than one exchange entry for the same registration number. Compare the registration number and names rather than treating repeated exchange rows as separate brokers.

Can NiveshCheck interpret a SEBI record for me?

No. NiveshCheck provides general information only. Use the current official SEBI record and seek clarification from the relevant official channel if a detail is unclear.

Primary sources

Read the original guidance and check for updates directly with the issuing organisation.

How this guide is prepared

This guide is maintained by the NiveshCheck Editorial Team using the primary sources linked above. It is general information only and may not reflect later changes to an official source or process.

Read our methodology and source limitations · Suggest a factual correction

NiveshCheck is not affiliated with SEBI and does not independently verify, recommend, endorse, or advise on brokers, accounts, or investments.