SEBI REGISTERED RESEARCH ANALYST | VERIFIED TRACK RECORD

Performance Record

Auditable track record of all completed research recommendations. Data is sourced directly from our advisory engine and updated in real time. Only closed trades (Target 1 Hit, Target 2 Hit, Stop Loss Hit, Invalidated) are displayed here. Active and open recommendations are not shown on this page.

Total Recommendations

All services since inception

76.2%

Win Rate

32 wins / 42 resolved (excl. invalidated)

Targets Achieved

T1: 16 · T2: 16

Stop Loss Hit

Closed with loss

Cumulative Accuracy Report

Overall performance across all service segments

Total Calls	Targets Achieved	Stop Loss Hit	Invalidated	Accuracy
53	32	10	12	76.2%

Traders — Accuracy Reports

This report provides a comprehensive overview of all recommendations provided to traders, along with their corresponding outcomes and accuracy.

Service	Total Calls	Wins	Losses	Invalid	Accuracy
Equity Cash Intraday	0	0	0	0	0%
Options	37	21	7	10	75%
Futures	0	0	0	0	0%
Traders Total	37	21	7	10	75%

Investors — Accuracy Reports

This report provides a comprehensive overview of all recommendations provided to investors, along with their corresponding outcomes and accuracy.

Service	Total Calls	Wins	Losses	Invalid	Accuracy
Equity Cash Delivery	1	0	0	1	0%
Commodity	0	0	0	0	0%
Shariah Stock	15	11	3	0	78.6%
Investors Total	16	11	3	1	78.6%

Top 5 Most Profitable Advisories

Ranked across every service — intraday, delivery, options, futures, commodity and Shariah — these five closed research calls delivered the highest returns to subscribers. Each one finished at its final target (Target 2 Hit).

Rank	Instrument	Service	Call Type	Issued On	Return
1	NIFTY	Options	Buy / Long	14 Oct 2026	+48.4%
2	SENSEX	Options	Buy / Long	22 Oct 2026	+47.3%
3	NIFTY	Options	Buy / Long	19 Oct 2026	+46.3%
4	NIFTY	Options	Buy / Long	27 Oct 2026	+45.1%
5	NIFTY	Options	Buy / Long	12 Oct 2026	+36.8%

Return is measured from the published entry level to the achieved final target of each closed call. Absolute entry/target prices are not disclosed on this page as they are subscription-only content.

Monthly Performance — Last 12 Months

Month-wise breakdown of resolved recommendations

Month	Total	Targets Achieved	Losses	T1 Hits	T2 Hits	Win Rate
Nov 2026	13	7	1	4	3	87.5%
Oct 2026	40	25	9	12	13	73.5%

SEBI Complaints Summary

As per SEBI (Research Analysts) Regulations, 2014 — Last 12 Months Complaint Data · May 2026 – Nov 2026

Received

Resolved

0% rate

Pending

Month-wise disposal of complaints (updated for the current month; months with no complaints are shown as zero)

Sr. No.	Month	Carried Forward
1	May 2026	0
2	Jun 2026	0
3	Jul 2026	0
4	Aug 2026	0
5	Sep 2026	0
6	Oct 2026	0
7	Nov 2026	0
Grand Total		—

SEBI Compliance & Methodology

Performance data is sourced from auditable advisory records maintained in our system.
Only closed trades (Target 1 Hit, Target 2 Hit, Stop Loss Hit, Invalidated) are included in this report.
Return % shown under Top 5 Most Profitable Advisories is derived from the published entry level to the achieved final target of closed (Target 2 Hit) calls, across all services.
Win rate = (Target 1 Hits + Target 2 Hits) ÷ (Target 1 Hits + Target 2 Hits + Stop Loss Hits) × 100. Any advisory that reached at least its first target is counted as a win. Invalidated trades are excluded from win rate calculations as per SEBI RA guidelines.
Active/open recommendations and individual entry/exit prices are not disclosed on this public page as they constitute paid subscription content.
Past performance is not indicative of future returns. Investment in securities market are subject to market risks.
Registration granted by SEBI and certification from NISM does not guarantee performance or assure returns.

Full Disclosure Document →

Mandatory Disclosure

Purpose: To provide essential information about the Research Services to assist prospective clients in making an informed decision before onboarding.

1. History, Present Business and Background

Rehan Ahmed Zubairahmed Shaikh is registered with SEBI as Research Analyst with registration no. INH000027201. The Research Analyst received its registration on May 18, 2026 and is engaged in offering research and recommendation services.

2. Terms and Conditions of Research Services

The Research Services will be limited to providing independent research recommendation and shall not be involved in any advisory or portfolio allocation services.
The Research Analyst never guarantees the returns on the recommendation provided.
Investment/trading in stocks/Index or other securities is always subject to market risk. Past performance is never a guarantee of same future results.
The Research Analyst shall not be responsible for any loss to the Investors.

3. Disciplinary History

There are no pending material litigations or legal proceedings against the Research Analyst.
As on date, no penalties / directions have been issued by SEBI under the SEBI Act or Regulations.

4. Details of its associates

No associates.

5. Disclosures with respect to Research and Recommendations Services

The Research Analyst or any of its officer/employee does not trade in securities which are subject matter of recommendation.
There are no actual or potential conflicts of interest.
Research Analyst or its employee or its associates have not received any compensation from the company which is subject matter of recommendation.
Research Analyst or its employee or its associates have not managed or co-managed the public offering of any company.
The subject company was not a client of Research Analyst during twelve months preceding the date of recommendation services provided.

6. Standard Warning

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

7. Disclaimer

"Registration granted by SEBI and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors."

Legal Agreement

By accessing and using this website or availing any of our services, you agree to be bound by the following terms and conditions.

1. Use of Website and Services

Any sample or demonstration content provided is for illustrative purposes only. Such content does not constitute a research recommendation. Any action taken based on such trial recommendations is at the sole discretion and risk of the user.

2. Research and Recommendations

All research-based recommendations are provided based on the subscription package chosen. Clients are advised to exercise their own judgment. The firm bears no responsibility for any gains or losses incurred.

3. Market Risk Disclaimer

Stock market investment and trading inherently involve risks. Rehan Ahmed Zubairahmed Shaikh shall not be held liable for any losses arising due to market fluctuations, delays in receiving recommendations, technical issues, or inaccuracies in shared information.

4. Confidentiality and Data Sharing

All research reports, strategies, and communication are strictly confidential. Sharing or distributing this content in any form is prohibited and may invite legal action.

5. Code of Conduct - Staff and Clients

No employee or associate is permitted to solicit or accept personal gifts, benefits, or payments from clients. All payments must be made only to the official bank account listed on our website.

6. Account Security

Rehan Ahmed Zubairahmed Shaikh does not operate or manage client Demat or trading accounts. Clients must not share login credentials, User ID, password, or OTPs with any representative.

7. Policy Updates

We reserve the right to update these terms at any time without prior notice. Continued use implies acceptance of updated terms.

Staff & Client Ethics

5. Code of Conduct - Staff and Clients

No employee or associate is permitted to solicit or accept personal gifts, benefits, or payments from clients. All payments must be made only to the official bank account listed on our website.

Data Protection

Rehan Ahmed Zubairahmed Shaikh is committed to protecting the privacy of every individual who interacts with us.

1. Information We Collect

We may collect personal information such as your name, phone number, email address, PAN, and other contact details when you engage with our services.

2. Purpose of Collection and Usage

To provide the services you have subscribed to
To communicate with you about your account, registration, and services you use
To send optional newsletters, surveys, offers, and promotional updates only where you have separately opted in to the relevant channel
To improve our services and understand your needs
To comply with regulatory or legal requirements

3. Communications and Marketing Choices

We may send communications needed to respond to your inquiry, complete registration, protect your account, or provide services you use. Submitting an inquiry or accepting these Terms and this Privacy Policy does not by itself opt you in to promotional WhatsApp messages. We send WhatsApp marketing messages only if you separately choose the optional WhatsApp marketing setting. Advisory alerts have a separate setting.

4. Data Security

We take appropriate technical and organizational measures to protect your data from unauthorized access, misuse, or disclosure.

5. Opt-Out Option

You can withdraw WhatsApp marketing consent at any time by replying STOP on WhatsApp or emailing rehan@barkatcapital.com. This does not change the service messages needed for an account or services you use, or your separate advisory-alert preference.

Cancellation & Refund

All sales are final, and we do not offer refunds for the paid period of services already availed.

As per SEBI guidelines, if a client requests to cancel the subscription, a refund shall only be issued for the unused portion of the subscription period. The refund will be calculated on a pro-rata basis, deducting the charges for the services already availed, including applicable taxes and administrative fees.

Subscription Duration	Cancellation Timing	Refund Calculation
12 Months	After 3 months	Refund for remaining 9 months (pro-rata)
6 Months	After 2 months	Refund for remaining 4 months (pro-rata)
3 Months	After 1 month	Refund for remaining 2 months (pro-rata)

Important: Refunds will not be provided for the period of services already availed, irrespective of the client's satisfaction with the recommendations or the outcome of trades.

By subscribing to our services and making payment, the client acknowledges that they have read, understood, and agreed to this refund policy.

Complaints & Support

We value your trust and are committed to addressing any concerns or complaints promptly and transparently.

Contact Channels

Email: rehan@barkatcapital.com
Phone: +91 9824166116 (Working hours: Mon-Fri, 10:00 AM - 6:00 PM)
Post: 13 Gulzar Row House, Opposite Sultaniya Gymkhana, New Rander Road, Surat - 395005, Gujarat

Escalation Matrix

Designation	Contact Person	Email ID	Contact No.
Customer Care	Rehan Ahmed Shaikh	support@barkatcapital.com	+91 9824166116
Compliance Officer	Rehan Ahmed Shaikh	rehan@barkatcapital.com	+91 9824166116
Principal Officer	Rehan Ahmed Shaikh	rehan@barkatcapital.com	+91 9824166116

Resolution Timeline: We aim to provide a resolution within 21 working days from the date of receiving your complaint.

Still Not Satisfied?

Raise your concern through SEBI's SCORES Portal: https://scores.sebi.gov.in
Proceed to Online Dispute Resolution (ODR): https://smartodr.in

Transparency Report

Complaints Summary — as on November 05, 2026

Sr. No.	Received from	Average Resolution time (days)
1	Directly from Investors	N. A
2	SEBI (SCORES)	N. A
3	Other Sources	N. A
Grand Total		N. A

Trend of Monthly Disposal of Complaints

Sr. No.	Month	Carried forward	Received	Resolved	Pending
No complaint data recorded yet

Trend of Annual Disposal of Complaints

Sr. No.	Year	Carried forward	Received	Resolved	Pending
No annual data yet

Last updated: November 5, 2026. This data is automatically sourced from our system and updated in real time as per SEBI requirements.

Your Rights & Responsibilities

A. Rights of Investors

Right to Privacy and Confidentiality
Right to Transparent Practices
Right to fair and Equitable Treatment
Right to Adequate Information
Right to Initial and Continuing Disclosure
Right to be Heard and Satisfactory Grievance Redressal
Right to have timely redressal
Right to Exit from Financial product or service
Right to receive clear guidance and caution notice when dealing in Complex and High-Risk Financial Products

B. Responsibilities of Investors (Do's)

Always deal with SEBI registered Research Analyst
Ensure that the Research Analyst has a valid registration certificate
Check for SEBI registration number on SEBI website
Pay attention towards disclosures made in research reports before investing
Pay through banking channels only and maintain duly signed receipts
Ask all relevant questions and clear your doubts before acting on recommendation
Inform SEBI about Research Analyst offering assured or guaranteed returns

C. Responsibilities of Investors (Don'ts)

Do not provide funds for investment to the Research Analyst
Don't fall prey to luring advertisements or market rumors
Do not get attracted to limited period discount or other incentives
Do not share login credentials of your trading, demat or bank accounts

Investor Responsibilities

B. Responsibilities of Investors (Do's)

Always deal with SEBI registered Research Analyst
Ensure that the Research Analyst has a valid registration certificate
Check for SEBI registration number on SEBI website
Pay attention towards disclosures made in research reports before investing
Pay through banking channels only and maintain duly signed receipts
Ask all relevant questions and clear your doubts before acting on recommendation
Inform SEBI about Research Analyst offering assured or guaranteed returns

C. Responsibilities of Investors (Don'ts)

Do not provide funds for investment to the Research Analyst
Don't fall prey to luring advertisements or market rumors
Do not get attracted to limited period discount or other incentives
Do not share login credentials of your trading, demat or bank accounts

SEBI Registered

As per SEBI Circular SEBI/HO/IMD/IMD-II CIS/P/CIR/2023/30 dated April 6, 2023

Name of Research Analyst	Rehan Ahmed Zubairahmed Shaikh
Type of Registration	Research Analyst
SEBI Registration Number	INH000027201
BSE Enlistment Number	BSE/RA/02/06/2026/7177
Registration Validity	May 18, 2026 - Perpetual
Registered Office Address	13 Gulzar Row House, Opposite Sultaniya Gymkhana, New Rander Road, Gorat, Rander, Surat - 395005, Gujarat
Contact Number	+91 9824166116
Email ID	rehan@barkatcapital.com

Verify Registration: Click here to verify on SEBI website

MITC

1. Scope of Services

Publishing research reports on securities.
Buy/Sell/Hold recommendations.
Price targets and investment rationale.
Market analysis and insights.
Ethical / Shariah-compliant screening where applicable.

2. Fee Structure

Maximum fee: Rs. 1,51,000 per annum per family.
Fees are exclusive of statutory charges such as GST.
Advance fee collection is limited to one quarter (3 months).
Payment methods: cheque, NEFT, RTGS, and UPI through banking channels.
No cash payments are accepted.

3. No Guarantee of Returns

The Research Analyst cannot guarantee returns, profits, accuracy, or risk-free outcomes.
Views are based on available data and assumptions as of the date of preparation.
Investments are subject to market risks.
Losses incurred on investments cannot be claimed from the Research Analyst.

4. No Execution of Trades

The Research Analyst cannot execute buy/sell transactions on behalf of clients.
Clients should not authorize trade execution by the Research Analyst.

5. Refund and Termination Policy

On premature termination by either party, proportionate refund may apply for the unexpired period.
Fees already earned for services rendered are non-refundable.

6. Client Acknowledgment

The Research Analyst cannot execute trades on the client's behalf.
Fees are subject to regulatory limits.
There is no guarantee of returns.
Market risks apply to all investments.
Any security holdings by the Research Analyst, where relevant, will be disclosed separately.

7. Prohibition on Assured Returns Schemes

Any assured, guaranteed, or fixed-return scheme (or similar arrangement) is prohibited by law and will not be offered.

8. Grievance Redressal

Level 1: Contact Research Analyst at support@barkatcapital.com (response within 21 working days)
Level 2: SEBI SCORES: https://scores.sebi.gov.in
Level 3: SMART ODR: https://smartodr.in