Now SEBI-registered · INH000028723
SEBI Registered Research Analyst · INH000028723Desvelado · Spanish for "unveiled"

The research you're reading
answers to someone else.

Broker research earns from transactions. Corporate-sponsored research earns from mandates. Ours earns from your subscription fee — and nothing else. No conflict. No pressure to skew the view. Independent equity research with a CA + CFA lens and full SEBI disclosure.

SEBI Registered RAReg. No. INH000028723
CA-led ResearchCA Danish Aggarwal — Director & Head of Research
BSE RAASB EnlistmentNo. 7338
Leadership TeamResearch · Compliance · HR
0+
Stories published
0+
NSE stocks screened
24/7
Live market channel
₹0
Earned from brokers — ever
Where to start

Free to start. Deeper when you need it.

Four tiers. Each one adds depth. You don't need to decide today — Signal is free and tells you immediately whether this is the platform you've been looking for.

01Start here
Signal
Free
  • Live bulletin terminal — NSE filings as they land
  • Bulk & block deal tracker — 30-second refresh
  • 2,000+ stock screener — India & US
  • 24/7 self-hosted market channel
  • Filings scored by materiality
Open Signal ↗
02Where most people start
Starter
₹17,999/yr
  • Everything in Signal, plus:
  • Independent equity research notes
  • Earnings breakdowns — same day as results
  • Coverage on requested scrips (1/month)
  • DRIP client portal — all calls in one place
  • Direct line to the research desk
Subscribe →
03Most chosen
Growth
₹47,999/yr
  • Everything in Research, plus:
  • Priority coverage (2/month · 5-day SLA)
  • Forensic accounting notes
  • Derivatives & options strategy
  • Quarterly 1-on-1 analyst call
  • Early access to all new reports (24h)
Subscribe →
04Private desk
Private
••••••
  • No annual subscription required
  • Stock-specific, sector, forensic reports
  • Bespoke research mandates
  • AIF, PMS, family office, corporate
  • No SEBI fee ceiling applies
Request proposal →

SEBI fee ceiling: ₹1,51,000 per annum for individual & HUF clients, excluding GST. KYC and a signed agreement are completed before any payment. No payment on day one.

Why independence matters

Broker research answers to the broker.
Ours answers to you.

When a firm earns from transactions, their research tilts toward generating them. We earn only from your subscription fee — so our only job is to be right.

Our only income is your fee

We earn nothing from brokerages, corporate mandates or distribution commissions. No conflict means no pressure to skew the view.

Every report, fully disclosed

Analyst holdings, conflicts, rating methodology and price-target basis disclosed in every report — as required by SEBI regulations.

CA + CFA lens

Forensic accounting rigour, cash-flow quality analysis and valuation depth — from a CA & CFA candidate background.

Clarity over data dumps

We write for the reader who wants a decision framework: what matters, why it matters, and what to do with it.

DA
Chartered Accountant (CA)SEBI RA · INH000028723CFA Program candidate
The person behind the research

CA Danish Aggarwal — built this
because the research he wanted to read didn't exist.

A Chartered Accountant and CFA Program candidate who spent years at the intersection of financial analysis and markets — equity research, derivatives and forensic accounting. He started Desvelado because every analysis he found was either conflicted, vague or too late. He also built the technology: Signal, DRIP and the 24/7 broadcast channel — all in-house, from scratch.

  • Chartered Accountant — Institute of Chartered Accountants of India
  • SEBI Registered Research Analyst — INH000028723
  • CFA Program candidate
  • Background in equity research, derivatives & forensic accounting
  • Built Signal, DRIP and the 24/7 broadcast channel in-house
Research Plans

Independent research shouldn't cost what a Bloomberg terminal does.

Vantage subscriptions for individuals and HUFs start at ₹17,999 a year, every plan inside the SEBI ceiling of ₹1,51,000. Meridian mandates for accredited and non-individual clients are quoted to scope. The Signal newsroom is free, no login required.

SignalFreeLive newsroom, screener, deals tracker, 24/7 channel
Starter₹17,999/yrOne strategy stream, delivered through the app and the client community.
Growth₹47,999/yrTwo non-overlapping strategy streams plus the Core Compounders model portfolio.Most chosen
Signature₹99,000/yrThree strategy streams, both model portfolios, and live desk hours.
See all plans & save →Compare every feature
Technology

The tools we needed didn't exist. So we built them.

Filing to research note in minutes, not hours. A 24/7 broadcast channel with no YouTube. Reports generated from a single source. We built the software because the alternative was slow and generic.

  • Live, low-latency market data
  • AI-assisted research workspace
  • Automated covers, video & carousels
  • Newsletter & multi-channel delivery
See the stack →
desvelado · research workspace
Live coverage▲ markets open
RBI holds rates — full analysislive
Q1 earnings: sector breakdown2m
FII flows turn positive — read-throughnow
Technical setup: Nifty Bank levels8m
SEBI Registered RAReg. No. INH000028723 · SEBI (Research Analysts) Regulations, 2014
Dispute ResolutionSmart ODR ↗

Get the market without the noise — weekly.

Independent market analysis, earnings breakdowns and research notes — no conflicts, no broker agenda, no sponsored opinion.