Terms & Conditions
Terms of use and legal notices for Springpadwealth services
Last updated on: 17 Nov 2025
Table of Contents
- Introduction
- Definitions
- Regulatory Disclosure
- Terms and Conditions for Research Services
- Permitted Use
- Your Account
- Ownership and Intellectual Property
- Research Disclaimer
- No Advisory Relationship
- Privacy and Data Protection
- Third-Party Links
- Indemnification
- Limitation of Liability
- Suspension and Termination
- Amendments
- Governing Law and Jurisdiction
- Contact Information
1. Introduction
Welcome to www.springpadwealth.com ("Website"), owned and operated by Springpad Wealth Solutions Private Limited ("Company", "Springpad", "we", "us", or "our"), a company incorporated under the provisions of the Companies Act, 2013.
This document is an electronic record in accordance with the Information Technology Act, 2000 and applicable rules. By accessing or using the Website or any of the Company's research reports, tools, or related services ("Services"), you agree to be bound by these Terms and Conditions ("Terms") and our Privacy Policy. If you do not agree to these Terms, please refrain from using the Website.
Please read the Terms and Privacy Policy carefully before using, registering on the Platform or accessing any material, information through the Platform. It shall be your responsibility to check these Terms periodically for changes. Accordingly, please continue to review the Terms whenever accessing or using the Platform.
We reserve the right, at any time, at our sole discretion, to change or otherwise modify the Terms of Use without any prior notice, and your continued access or use of this platform signifies your acceptance of the updated or modified Terms of Use.
2. Definitions
- Company: Springpad Wealth Solutions Private Limited
- Website: www.springpadwealth.com and associated sub-pages
- Platform: The Website and any mobile applications or other digital platforms operated by the Company
- Services: Research analyst services including research reports, analysis, insights and, if offered, model portfolio recommendations
- User/Client: Any person accessing the Website or subscribing to Services
- Research Analyst (RA): Springpad Wealth Solutions Private Limited, registered with SEBI as a Research Analyst
3. Regulatory Disclosure
Springpad Wealth Solutions Private Limited is registered with the Securities and Exchange Board of India (SEBI) as a Research Analyst under Registration No. INH000022950 and enlisted with BSE (Enlistment No. 6743).
All research reports, analysis, and related information published through this Website comply with the SEBI (Research Analyst) Regulations, 2014 and any amendments thereto.
4. Terms and Conditions for Research Services
The following terms and conditions govern your use of our research services. These terms are in accordance with SEBI (Research Analysts) Regulations, 2014.
4.1 Availing the Research Services
By accepting delivery of our research services, you confirm that you have chosen to subscribe to these services at your own discretion. We confirm that our research services are provided in accordance with applicable SEBI regulations and provisions.
4.2 Regulatory Compliance
Both Springpad Wealth Solutions Private Limited and you as a client are bound by the SEBI Act and all applicable rules and regulations of SEBI, including the Research Analyst Regulations and relevant Government notifications, as may be in force from time to time.
4.3 Client Information and KYC
You agree to provide all required details in full as requested by us in our standard form, along with supporting documents, if required, as may be made mandatory by RAASB/SEBI from time to time.
We will collect, store, upload and verify your KYC records with the KYC Registration Agency (KRA) as specified by SEBI from time to time.
4.4 Standard Terms of Service
By subscribing to our research services, you acknowledge and agree to the following:
"I / We have read and understood the terms and conditions applicable to a research analyst as defined under regulation 2(1)(u) of the SEBI (Research Analyst) Regulations, 2014, including the fee structure.
I/We are subscribing to the research services for our own benefits and consumption, and any reliance placed on the research report provided by research analyst shall be as per our own judgement and assessment of the conclusions contained in the research report.
I/We understand that –
- Any investment made based on the recommendations in the research report are subject to market risk.
- Recommendations in the research report do not provide any assurance of returns.
- There is no recourse to claim any losses incurred on the investments made based on the recommendations in the research report."
Company Declaration:
- Springpad Wealth Solutions Private Limited is duly registered with SEBI as a Research Analyst under SEBI (Research Analysts) Regulations, 2014. Registration No. INH000022950
- We have the registration and qualifications required to provide research services under the RA Regulations, and these are valid and subsisting
- Our research analyst services do not conflict with or violate any provision of law, rule or regulation, contract, or other instrument to which we are a party
- The maximum fee that we may charge is ₹1.51 lakhs per annum per family of client
- Our recommendations do not provide any assurance of returns
4.5 Risk Factors
Investment in securities markets is subject to market risks. The following risks are associated with investments in securities:
- Market risk - The value of investments can fluctuate due to market conditions
- Credit risk - Risk of default by issuers of securities
- Liquidity risk - Risk of not being able to sell securities at desired prices
- Regulatory risk - Changes in laws and regulations may affect investments
- Currency risk - For investments denominated in foreign currencies
- Interest rate risk - Changes in interest rates affect bond prices
Past performance is not indicative of future results. All investments carry inherent risks and you should carefully consider your risk tolerance and investment objectives before making any investment decisions.
4.6 Conflict of Interest
We adhere to applicable SEBI regulations, circulars, and directions regarding disclosure and mitigation of any actual or potential conflict of interest.
Disclosure: Springpad Wealth Solutions Private Limited maintains complete independence and objectivity in preparing its research reports. We and our research analysts are not associated in any manner with the issuers of the securities or products being analyzed. We do not receive any commissions, brokerage fees, or compensation from product manufacturers, distributors, or any third parties for recommending specific investments.
4.7 Termination of Service and Refund of Fees
We may suspend or terminate research services if our registration is suspended or cancelled by SEBI, and we will refund any residual amount to you.
If our certificate of registration is suspended for more than 60 days or cancelled, we will refund fees on a pro-rata basis for the period from the effective date of cancellation or suspension to the end of your subscription period.
4.8 Grievance Redressal and Dispute Resolution
If you have any grievance related to (i) non-receipt of research report, (ii) missing pages or inability to download the entire report, or (iii) any other deficiency in the research services provided, please contact our designated grievance officer promptly.
Designated Grievance Officer: Mr. Rahul Chandra, Principal Officer
Email: grievance@springpadwealth.com
We will resolve grievances within 7 (seven) business working days or within timelines as may be specified by SEBI under the RA Regulations.
We will address your grievances in a timely and transparent manner. Any dispute between us may be resolved through arbitration or through any other dispute resolution mechanism as specified by SEBI from time to time.
4.9 Most Important Terms and Conditions (MITC)
IMPORTANT: These terms and conditions are for research services only. We cannot execute or carry out any trade (purchase/sell transaction) on your behalf. You are advised not to authorize us to execute any trade on your behalf.
4.10 Mandatory Notice
Please review the Do's and Don'ts while dealing with Research Analysts as specified in SEBI master circular no. SEBI/HO/MIRSD-POD-1/P/CIR/2024/49 dated May 21, 2024. Please refer to our Investor Charter page for details.
4.11 Client-Level Segregation
In accordance with SEBI Regulations, clients can avail either research services or distribution services within our group/family, but not both. If you are an existing client who wishes to avail our research services, you will not be eligible to avail distribution services within our group/family. Similarly, if you are an existing client who wishes to take distribution services, you will not be eligible to avail research services within our group/family.
New clients will be eligible to avail either research services or distribution services within our group/family. However, you must choose which service you wish to avail at the time of onboarding.
4.12 Use of Artificial Intelligence Tools
Springpad Wealth Solutions Private Limited may use artificial intelligence tools in providing research services. We maintain sole responsibility for the security, confidentiality, and integrity of your data, use of any information or data for research services, research services based on output of Artificial Intelligence tools, and compliance with all applicable laws.
We will disclose the extent of use of Artificial Intelligence tools in providing research services at the time of disclosing these terms and conditions and whenever required. For detailed information about AI usage, please refer to our Disclosure page or contact our compliance officer.
5. Permitted Use
Subject to compliance with the terms and conditions, the Company hereby grants you a non-exclusive, limited privilege to access and use this Platform. You agree to use the Platform only: (a) for purposes that are permitted by the Terms; and (b) in accordance with any applicable law, regulation or generally accepted practices or guidelines.
You agree to use this Website solely for lawful and legitimate purposes. You shall not:
- Upload or transmit any unlawful, defamatory, obscene, or infringing content
- Attempt to gain unauthorized access to the Website or interfere with its operation
- Use automated systems (robots, spiders, scrapers) to access or copy Website content
- Reverse engineer, probe, or test the vulnerability of the Website or connected systems
- Take any action that imposes an unreasonable or disproportionately large load on the infrastructure
- Frame, mirror, deep-link, or otherwise incorporate any part of the Website without prior written consent
- Misuse the Website for fraudulent, deceptive, or unethical purposes
Springpad reserves the right to terminate or restrict your access to the Website without notice if such misuse is detected.
6. Your Account
You agree to provide accurate, current, and complete information during sign-up and to maintain and promptly update such information. You are responsible for safeguarding your credentials and for all activities under your account.
We may suspend or terminate access if we reasonably believe there is misuse, unlawful activity, or violation of these Terms.
7. Ownership and Intellectual Property
All content, design, graphics, trademarks, research materials, and other information available on the Website are the exclusive property of the Company. Users are granted a limited, non-exclusive, revocable, non-transferable license to access the Website for personal and informational purposes only.
You may not copy, modify, distribute, publish, or commercially exploit any material from this Website without prior written consent from the Company.
8. Research Disclaimer
All research content and market information available on the Website are for educational and informational purposes only. They should not be construed as investment advice, recommendation, or solicitation to buy or sell any securities.
Investment in securities markets is subject to market risks. Past performance is not indicative of future results. Users should exercise independent judgment and consult their financial advisor before making any investment decisions.
Springpad and its employees may have positions in securities mentioned in research reports. Any such conflicts, if applicable, will be disclosed in compliance with Regulation 19 of SEBI (Research Analyst) Regulations, 2014.
9. No Advisory Relationship
Accessing or using the Website does not establish a client relationship between you and the Company. The Company shall not be responsible for any investment loss, direct or indirect, arising out of reliance on any information, data, or content available through the Website.
10. Privacy and Data Protection
Springpad respects your privacy. Any personal information collected through this Website will be handled in accordance with the Information Technology (Reasonable Security Practices and Procedures and Sensitive Personal Data or Information) Rules, 2011 and our Privacy Policy.
By using this Website, you consent to the collection and use of your information as outlined therein.
11. Third-Party Links
This Website may include links to external websites or third-party resources for user convenience. Springpad does not control or endorse such third-party content and shall not be liable for their accuracy, reliability, or legality. Accessing such websites is entirely at your own risk.
12. Indemnification
You agree to indemnify and hold harmless Springpad Wealth Solutions Private Limited, its directors, officers, employees, and affiliates from any loss, damage, or liability arising from your misuse of the Website, violation of these Terms, or infringement of applicable laws or third-party rights.
13. Limitation of Liability
Springpad, its employees, or affiliates shall not be liable for any direct, indirect, incidental, consequential, or special damages arising out of the use of or inability to use the Website or any reliance on the information contained herein.
The Company's total liability, if any, shall not exceed the amount paid by the user, if applicable, for availing of specific services.
14. Suspension and Termination
These Terms will continue to apply until terminated by either you or the Company as set forth below. If you object to the Terms or are dissatisfied with the Platform, your only recourse is to (i) close Your Account on the Platform; and/or (ii) stop accessing the Platform.
The Company may suspend or terminate your access to the Platform or suspend or terminate your Account if it believes, in its sole and absolute discretion that you have infringed, breached, violated, abused, or unethically manipulated or exploited any term of these Terms or anyway otherwise acted unethically.
If you or the Company terminate your use of the Platform, the Company may delete any Content or other materials relating to Your use and the Company shall have no liability to you or any third party for doing so. However, your transaction details may be preserved by the Company for purposes of tax or regulatory compliance.
15. Amendments
Springpad reserves the right to modify, amend, or update these Terms at any time without prior notice. Continued use of the Website after such modifications constitutes your acceptance of the revised Terms. It shall be your responsibility to check these Terms periodically for changes.
16. Governing Law and Jurisdiction
These Terms shall be governed by and construed in accordance with the laws of India. Any dispute, controversy, or claim arising out of or relating to these Terms shall be resolved through arbitration in accordance with the provisions of the Arbitration and Conciliation Act, 1996, as amended from time to time.
The seat and venue of arbitration shall be Kolkata, West Bengal, and the proceedings shall be conducted in English. Subject to the arbitration clause above, the courts of Kolkata shall have exclusive jurisdiction over all matters arising in connection with or related to these Terms.
17. Contact Information
Compliance Officer
Mr. Aman Kumar Khandelia
Springpad Wealth Solutions Private Limited
SEBI Registration No.:
INH000022950
BSE Enlistment No.:
6743
Investor Grievance Redressal
Investors may register complaints against the Research Analyst through the SEBI SCORES platform at https://scores.gov.in.
Designated Grievance Officer:
Mr. Rahul Chandra, Principal Officer
Disclaimer
Springpad Wealth Solutions Private Limited provides research and analytical insights for informational purposes only. The Company does not guarantee any returns or profits. All investments are subject to market risks. Please read all related documents carefully before investing.