About NAYSAA
Company Overview
Naysaa Securities is an Indian stockbroker and investment advisory firm headquartered in Mumbai. The company was founded on July 19, 2019, and operates from its registered address at 102/104 Shivam Chamber, S.V. Road, Goregaon (W), Mumbai. According to our records, the firm does not hold any regulatory license from a financial authority, though its website displays a SEBI registration number (INZ000004630), which would indicate registration with the Securities and Exchange Board of India.
This contradiction between our verified data and the broker's website claims warrants caution. While the SEBI registration number is prominently shown on the site, we have not independently confirmed its validity or current status. Traders should verify this information directly with SEBI before engaging with the firm.
Services and Offerings
The firm presents itself as a full-service stockbroker catering to Indian investors. Its website highlights investment advisory services, stock analysis resources, and tools for company research. Clients can access online trading, submit IPO applications, and download KYC forms. The broker also offers a channel partner program for individuals seeking to become sub-brokers or franchises.
Naysaa Securities appears to focus exclusively on the Indian equity market, with no mention of forex, CFD, or international trading products. The site includes sections for investor relations, downloads, and a SEBI complaint redressal system, suggesting a compliance-oriented approach.
Regulatory Status
Our verified records indicate that Naysaa Securities has no registered regulatory oversight from any financial authority. However, the broker's website claims a SEBI registration under number INZ000004630. This discrepancy is significant because SEBI registration is mandatory for stockbrokers operating in India.
Traders should approach with caution: if the SEBI license is genuine, the broker would be regulated; if not, it operates without oversight. We recommend checking the SEBI website's broker list to confirm the status. The firm's address and contact details appear legitimate, but the regulatory ambiguity elevates the risk profile.
Target Audience
Naysaa Securities targets Indian retail investors and traders interested in the domestic stock market. Its services are geared towards individuals seeking investment advisory, stock analysis, and online trading within India. The channel partner program is aimed at entrepreneurs wanting to run their own sub-brokerage business.
The broker does not cater to international clients or those seeking forex, CFD, or leveraged trading products. Its limited product scope confines it to the Indian equities space, which may be unsuitable for diversified traders.
Contact and Transparency
The firm provides clear contact details, including a Mumbai landline (+91-22-26760404) and an email address (naysaa@naysaasecurities.com). Its website includes physical address, a disclaimer, and links to SEBI's complaint redressal system. However, the site lacks detailed information about account types, fee structures, or trading platforms, which are typically expected from a transparent broker.
The available information suggests a basic online presence with limited operational transparency. Potential clients should request full disclosure of fees, trading terms, and execution policies before committing funds.
Overview compiled by FXCanary from regulatory records and public data. full NAYSAA review