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This page contains all the regulatory disclosures required to be displayed on the website. To learn more about this, you can view the SEBI Circular here

Disclaimers/Standard warnings:

  • Registration Granted by SEBI, membership of BSE Administration and Supervision Limited (BASL) and certification from National Institute of Securities Market (NISM) in no way guarantee performance of Investment Advisor or provide any assurance of returns to investors. 
  • Investment in securities markets are subject to market risks. Read all related documents carefully before investing. 

Regulatory Complaints Disclosure

SEBI mandates all RIAs to display the complaints status on the website as shown below. Investors can first contact the intermediary in case of complaints, in our case through an email to soubhagya.patra@succinctfintech.com

Data for the month ending - June 2025

Sr. No.
Received FromPending as of Last MonthReceivedResolved*Total Pending# Pending Complaints >3 months Average resolution time ^ (in days) 
 1Directly From Investors 000000
 2SEBI (Scores) 000000
 3Other Sources000000
Total 000000

^ Average Resolution time is the sum total of time taken to resolve each complaint in days, in the current month divided by total number of complaints resolved in the current month

Trend of Monthly Disposals of Complaints for FY 2025-26

Sr No.MonthCarried forward from Last MonthReceivedResolved*Pending#
 1April, 2025 0000
 2May, 20250000
 3June, 20250000
 4July, 2025
 5August, 2025
 6September, 2025
 7October, 2025
 8November, 2025 
 9December, 2025
 10January, 2026
 11February, 2026
 12March, 2026
 Total 0000
Achieve of Previous Financial Years
FY 2024-25
Sr No.Month's
Carried forward from Last Month
Received
Resolved*Pending#
 1April, 2024
 0000
 2May, 20240 0 0 0 
 3June, 2024 00 0  0
 4July, 2024
 0
000
 5August, 20240000
 6 September, 20240000
 7October, 20240000
 8November, 20240000
 9December, 20240000
 10 January, 20250000
 11February, 20250000
 12March, 20250000
 Total0000
FY 2023-24
Sr No.Month's
Carried forward from Last Month
Received
Resolved*Pending#
 1April, 2023
 0000
 2May, 20230 0 0 0 
 3June, 2023 00 0  0
 4July, 2023
 0
000
 5August, 20230000
 6 September, 20230000
 7October, 20230000
 8November, 20230000
 9December, 20230000
 10 January, 20240000
 11February, 20240000
 12March, 20240000
 Total0000
FY 2022-23
Sr No.Month's
Carried forward from Last Month
Received
Resolved*Pending#
 1April, 2022
 0000
 2May, 20220 0 0 0 
 3June, 2022 00 0  0
 4July, 2022
 0
000
 5August, 20220000
 6 September, 20220000
 7October, 20220000
 8November, 20220000
 9December, 20220000
 10 January, 20230000
 11February, 20230000
 12March, 20230000
 Total0000
FY 2021-22
Sr No.Month's
Carried forward from Last Month
Received
Resolved*Pending#
 1April, 2021
 0000
 2May, 20210 0 0 0 
 3June, 2021 00 0  0
 4July, 2021
 0
000
 5August, 20210000
 6 September, 20210000
 7October, 20210000
 8November, 20210000
 9December, 20210000
 10 January, 20220000
 11February, 20220000
 12March, 20220000
 Total0000

Trend of Yearly Disposals of Complaints

Sr No. YearCarried forward from Last YearReceivedResolved*Pending#
 12018-19  0000
 22019-200110
 32020-210000
 42021-220000
 52022-23 0000
 62023-240000
 72024-250000
Total0110

*Inclusive of complaints of previous years resolved in the current year.
#Inclusive of complaints pending as on the last day of the year.

Disclosure wrt compliance with Annual Compliance Audit

Disclosure with respect to compliance with Annual Compliance Audit requirement under Regulation 19(3) of SECURITIES AND EXCHANGE BOARD OF INDIA (INVESTMENT ADVISERS) REGULATIONS, 2013 for last and current financial year are as under :

Sr. No.Financial Year                   Compliance Audit StatusRemarks, If any
 1FY 2020-21ConductedNA
 2FY 2021-22ConductedNA
 3FY 2022-23ConductedNA
 4FY 2023-24ConductedNA
 5FY 2024-25 To Be ConductedNA

SEBI Registration Details

  • Complete Name of the Investment Advisor—Succinct FinTech Services Private Limited
  • Trade Name: Succinct
  • Corporate Identification Number (CIN) U93000KA2011PTC059619
  • SEBI Registered Investment Advisers Registration No. INA200008705
  • (Type of Registration- Non-Individual, Validity of Registration- Oct 30, 2017 - Perpetual)
  • BSE Enlistment ID - 1095
  • Address:  No 4, RCC Chamber, 2nd Floor, 30th Cross, 4th T Block Jayanagar, Bannerghatta Road Extension, Bangalore, Karnataka, 560041
  • Contact No: +91-80-4112-3767, Email: clientservices@succinctfintech.com
  • SEBI regional/local office address - Jeevan Mangal Building, Hayes Rd, off, Residency Rd, Shanthala Nagar, Ashok Nagar, Bengaluru, Karnataka 560025 Tel : +91-080-2222-2262
  • Principal Officer: Mr. Soubhagya Kumar Patra, Contact No: 91 99869 91220, Email: soubhagya.patra@succinctfintech.com
  • Compliance/ Grievance officer: Mr. Soubhagya Kumar Patra, Contact No: 91 99869 91220, Email: soubhagya.patra@succinctfintech.com
SEBI Investor Charter

To facilitate investor awareness, SEBI has created an Investor Charter pertaining to Investment Advisers, displayed below for your reference. The Investor charter can be downloaded here. Pages 3 to 6 of Annexure A of this circular is the SEBI Investor charter. 

Investor Charter in respect of Investment Adviser (IA)

A. Vision and Mission Statements for investors

  • Vision: Invest with knowledge & safety.
  • Mission: Every investor should be able to invest in right investment products based on their needs, manage and monitor them to meet their goals, access reports and enjoy financial wellness.

B. Details of business transacted by the Investment Adviser with respect to the investors

  • To enter into an agreement with the client providing all details including fee details, aspect of Conflict of interest disclosure and maintaining confidentiality of information.
  • To do a proper and unbiased risk – profiling and suitability assessment of the client.
  • To obtain registration with Know Your Client Registration Agency (KRA) and Central Know Your Customer Registry (CKYC).
  • To conduct audit annually.
  • To disclose the status of complaints in its website.
  • To disclose the name, proprietor name, type of registration, registration number, validity, complete address with telephone numbers and associated SEBI regional/local Office details in its website.
  • To employ only qualified and certified employees.
  • To deal with clients only from official number.
  • To maintain records of interactions, with all clients including prospective clients (prior to onboarding), where any conversation related to advice has taken place.

C. Details of services provided to investors (No Indicative Timelines)

  •  Onboarding of Clients
    • Sharing of agreement copy
    • Completing KYC of clients
  • Disclosure to Clients
    • To provide full disclosure about its business, affiliations, compensation in the agreement.
    • To not access client’s accounts or holdings for offering advice.
    • To disclose the risk profile to the client.
  • To provide investment advice to the client based on the risk-profiling of the clients and suitability of the client.

D. Details of grievance redressal mechanism and how to access it

  1. In case of any grievance / complaint, an investor should approach the concerned Investment Adviser and shall ensure that the grievance is resolved within 30 days.
  2. If the investor’s complaint is not redressed satisfactorily, one may lodge a complaint with SEBI on SEBI’s ‘SCORES’ portal which is a centralized web based complaints redressal system. SEBI takes up the complaints registered via SCORES with the concerned intermediary for timely redressal. SCORES facilitates tracking the status of the complaint.
  3. With regard to physical complaints, investors may send their complaints to: Office of Investor Assistance and Education, Securities and Exchange Board of India, SEBI Bhavan, Plot No. C4-A, ‘G’ Block, Bandra-Kurla Complex, Bandra (E), Mumbai – 400 051.

E. Expectations from the investors (Responsibilities of investors)
Do's

i. Always deal with SEBI registered Investment Advisers.
ii. Ensure that the Investment Adviser has a valid registration certificate.
iii. Check for SEBI registration number. (Please refer to the list of all SEBI registered Investment Advisers which is available on SEBI website in the following link: https://www.sebi.gov.in/sebiweb/other/OtherAction.do?doRecognisedFpi=yes&intmId=13 )
iv. Pay only advisory fees to your Investment Adviser. Make payments of advisory fees through banking channels only and maintain duly signed receipts mentioning the details of your payments.
v. Always ask for your risk profiling before accepting investment advice. Insist that Investment Adviser provides advisory strictly on the basis of your risk profiling and take into account available investment alternatives.
vi. Ask all relevant questions and clear your doubts with your Investment Adviser before acting on advice.
vii. Assess the risk–return profile of the investment as well as the liquidity and safety aspects before making investments.
viii. Insist on getting the terms and conditions in writing duly signed and stamped. Read these terms and conditions carefully particularly regarding advisory fees, advisory plans, category of recommendations etc. before dealing with any Investment Adviser.
ix. Be vigilant in your transactions.
x. Approach the appropriate authorities for redressal of your doubts / grievances.
xi. Inform SEBI about Investment Advisers offering assured or guaranteed returns.

Dont's

xii. Don’t fall for stock tips offered under the pretext of investment advice.
xiii. Do not provide funds for investment to the Investment Adviser.
xiv. Don’t fall for the promise of indicative or exorbitant or assured returns by the Investment Advisers. Don’t let greed overcome rational investment decisions.
xv. Don’t fall prey to luring advertisements or market rumors.
xvi. Avoid doing transactions only on the basis of phone calls or messages from any Investment adviser or its representatives.
xvii. Don’t take decisions just because of repeated messages and calls by Investment Advisers.
xviii. Do not fall prey to limited period discount or other incentive, gifts, etc. offered by Investment advisers.
xix. Don’t rush into making investments that do not match your risk taking appetite and investment goals.
xx. Do not share login credential and password of your trading and demat accounts with the Investment Adviser.

Grievance Redressal / Escalation Matrix    

   Details of designation    Contact Person NameAddress where the physical address location  Contact No.    Email-ID   Working hours when complainant can call
Customer CareSabrisha P                   No 4, RCC Chamber, 2nd Floor, 30th Cross, 4th T Block Jayanagar, Bannerghatta Road Extension, Bangalore, Karnataka, 560041+91-80-4112-3767clientservices@succinctfintech.com                   10.00 AM to 6.00 PM (Monday to Friday)                   
Head of Customer CareBhuvaneshwer Prasadsame as above-mentioned+91-7975401049bhuvaneshwer.prasad@succinctfintech.com10.00 AM to 6.00 PM (Monday to Friday)                   
Compliance OfficerSoubhagya Kumar Patrasame as above-mentioned+91-80-4112-3767
soubhagya.patra@succinctfintech.com                   
10.00 AM to 6.00 PM (Monday to Friday)                   
CEO                   NAsame as above-mentionedNA NA10.00 AM to 6.00 PM (Monday to Friday)                   
Principal OfficerSoubhagya Kumar Patrasame as above-mentioned+91-80-4112-3767
soubhagya.patra@succinctfintech.com                   
10.00 AM to 6.00 PM (Monday to Friday)                   

Grievance Redressal Process

We believe that Investor service is a vital element for sustained business growth, and we want to ensure that our Investors receive exemplary service across different touch points. Prompt and efficient service is essential for retaining existing relationships and therefore Investor satisfaction becomes critical to us, especially since we follow the Direct‐to‐Investor model. Investor queries and complaints constitute an important voice of Investor, and this policy details grievance handling through a structured grievance redressal framework. Grievance redressal is supported by a review mechanism, to minimize the recurrence of similar issues in future.

 

The Grievance Redressal policy follows the following principles:

  Investors will be treated fairly at all times

  Complaints raised by Investors will be dealt with courtesy and in a timely manner

  Queries and Complaints will be treated efficiently and fairly

 

The Investment advisor and employees work in good faith and without prejudice, towards the interests of the Investors.


The Investment Advisor has a dedicated Client Servicing Team which is responsible for timely and prompt communication with our clients, while having an open attitude towards service recovery, and providing alternate solutions to investors, thus ensuring healthy relationships with our clients. The Client Servicing Team is headed by Mr. Soubhagya Kumar Patra (soubhagya.patra@succinctfintech.com). 

Grievance Redressal Mechanism 

Client’s queries / complaints may arise due to lack of understanding or a deficiency of service experienced by clients. Deficiency of service may include lack of explanation, clarifications, understanding which escalates into shortfalls in the expected delivery standards, either due to inadequacy of facilities available or through the attitude of staff towards client.

    

1.        Clients can seek clarification to their query and are further entitled to make a complaint in writing, orally or telephonically. An email may be sent to the Client Servicing Team at clientservices@succinctfintech.com. Alternatively, the Investor may call on +91-80-4112 3767.

    

2.        A letter may also be written with their query/complaint and posted at the below mentioned address:

    

Mr. Soubhagya Kumar Patra

Succinct FinTech Services Private Limited

No.4, RCC Chamber, 2nd Floor, 30th Cross, 4th T Block Jayanagar,

Bannerghatta Road Extension, Bengaluru, Karnataka, 560041

    

3.        Clients can write to the Investment Advisor at soubhagya.patra@succinctfintech.com if the Investor does not receive a response within 10 business days of writing to the Client Servicing Team. The client can expect a reply within 10 business days of approaching the Investment Advisor.

    

4.        Clients can report their grievances using any of the three methods as briefed above. Any other means or modes used to report the grievances could go unnoticed due to the challenges in keeping track of the same; Investment Adviser doesn’t guarantee/ assure the resolution in case other means or modes are used for grievance reporting.

    

5.        In case you are not satisfied with our response you can lodge your grievance with SEBI at http://scores.sebi.gov.in  or you may also write to any of the offices of SEBI. For any queries, feedback or assistance, please contact SEBI office on toll free Helpline at 1800 22 7575/ 1800 266 7575. SCORES may be accessed thorough SCORES mobile application as well, same can be downloaded from below link: https://play.google.com/store/apps/details?id=com.sebi

or you may also write to any of the offices of SEBI.

    

6.        “The Parties hereby agree to undertake online conciliation and/or online arbitration by participating in the ODR Portal (accessible at [https://smartodr.in/login]) and/or undertaking dispute resolution in the manner specified in this Circular No. SEBI/HO/OIAE/OIAE_IAD-1/P/CIR/2023/131.”