Research-Driven Financial Insights & Advisory

Empowering investors and institutions with disciplined, analytical guidance rooted in rigorous equity research and capital market expertise.

About InveStellar

Building trust through expertise, discipline, and analytical rigor in capital markets.

InveStellar Equity Research and Consulting is a specialized financial advisory firm dedicated to delivering research-backed insights and educational excellence. Founded in 2022, we combine deep market knowledge with a commitment to financial literacy and disciplined investment practices.

Our firm operates across three core competencies: Capital Markets Investment Advisory, Financial Content Writing, and Training & Development. Whether you're an individual investor seeking guidance or an institution requiring bespoke research, we bring precision, transparency, and domain expertise to every engagement.

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SEBI Registered

Research Analyst Registration: INH000009603

14+ Years

Deep experience in equity research and capital markets

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Expert-Led

MBA in Finance + Advanced Certifications

Our Services

Three specialized verticals designed to empower your financial decisions.

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Capital Markets Investment Advisory

Informed investment decisions backed by research-driven insights.

Individual Subscription Advisory

Our individual subscription model is tailored for investors seeking consistent guidance rooted in fundamental research.

  • Equity & Mutual Fund Recommendations: Receive detailed, research-backed stock suggestions with categorised calls (Buy / Hold / Sell). Every recommendation is supported by a comprehensive fundamental equity research report.
  • Mutual Fund Advisory: Customised recommendations based on client requests—be it equity, hybrid, or specific scheme-based analysis. Each client can avail one request-based mutual fund report per quarter.
  • Model Portfolio Access: Subscribers gain access to two curated model portfolios per year, managed and updated by our internal analysts to reflect evolving market dynamics.
  • Simple Subscription Model: The service operates on a fixed-fee subscription basis, ensuring transparency and ease of access for all investors.

Equity Research for Institutional Investors

We support institutional investors with customized fundamental equity research and analytical reports designed for in-depth decision-making.

  • Preparation of detailed equity research reports—either in InveStellar's proprietary format or the client's preferred template.
  • Comprehensive fundamental analysis, financial modeling, and valuation of selected securities.
  • Mutual fund research and recommendation reports designed to align with institutional objectives.
  • Flexible pricing based on the number of securities analyzed and the depth of reporting required.
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Financial Content Writing

Transforming complex financial insights into clear, engaging content.

Our Financial Content Writing Offerings Include:

  • Company profiling / business model analysis
  • Industry analysis
  • Educational contents related to finance topics such as Managerial Economics, Capital Markets, Financial management, Management accounting, Strategic Finance etc.
  • Personal finance study material
  • Content for websites

Why Choose Us:

  • Strong foundation in finance, accounting, and market analysis.
  • Clear, structured writing that enhances credibility and comprehension.
  • Customised tone and depth for businesses, educators, and financial platforms.
  • Consistent delivery with meticulous accuracy and data integrity.

Concluding CTA: Empower your communication with content that informs, engages, and inspires. Partner with InveStellar to elevate your financial voice.

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Training & Development

Empowering individuals through financial knowledge and practical skills.

Our Key Programs Include:

  • Stock Market Fundamental Analysis Training: Learn how to evaluate companies by understanding their financial statements, ratios, and business models. This program strengthens analytical skills for making informed equity investment decisions.
  • Investment Fundamentals for Individuals: A beginner-friendly program focused on personal finance, portfolio basics, and long-term wealth creation. Ideal for individuals who wish to take charge of their investments with confidence.
  • Advanced Fundamental Analysis & Equity Research Training: Designed for aspiring analysts and serious investors, this course covers valuation models, sectoral analysis, and data-driven investment research methods used by professionals.

Why Learn With Us:

  • Curriculum developed by finance and market experts.
  • Real-case studies and data-based analysis practice.
  • Blend of conceptual clarity and real-market application.
  • Suitable for students, working professionals, and investors.

Concluding CTA: Train yourself to be able to understand the investment world from the eyes of an informed investor and a seasoned research analyst.

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Meet the Founder

Madhura Prathamesh Karekar

RA Madhura Prathamesh Karekar

Founder, InveStellar Equity Research and Consulting

SEBI Registered Research Analyst – INH000009603

InveStellar Equity Research and Consulting was founded by RA Madhura Prathamesh Karekar, a SEBI-registered Research Analyst with more than 14 years of experience in equity research, fundamental analysis, and capital markets.

Madhura's professional journey is marked by a deep commitment to analytical rigour and financial education. Before establishing InveStellar, she gained rich experience working with reputed organisations such as Morningstar, Kotak Securities, Biz Acumen, and also served as an external consultant for Niveza International.

She holds an MBA in Finance from Savitribai Phule Pune University and an Advanced Certification in Financial Management from Welingkar Institute, Mumbai. Currently, Madhura serves as Visiting Faculty with Symbiosis Centre for Distance Learning (SCDL) and has authored 3 textbooks for their Executive MBA program, contributing significantly to financial education at the institutional level.

In 2022, Madhura founded InveStellar Equity Research and Consulting with a vision to promote financial literacy and disciplined investment practices among Indian households. Under her leadership, the firm has evolved into a specialised provider of financial content writing, capital market advisory, and stock market training — combining research excellence with practical market insight.

Credentials & Affiliations

  • Education: MBA in Finance from Savitribai Phule Pune University
  • Certification: Advanced Certification in Financial Management from Welingkar Institute, Mumbai
  • Regulatory: SEBI Registered Research Analyst (INH000009603)
  • Academic Role: Visiting Faculty, Symbiosis Centre for Distance Learning (SCDL)
  • Author: 3 Textbooks for SCDL Executive MBA Program
  • Professional Experience: Morningstar, Kotak Securities, Biz Acumen, Niveza International (External Consultant)
  • Specializations: Economics, Capital Markets, Equity Research Analysis, Fundamental Analysis, Cash Flow Analysis, Company Business Model and Sector Analysis

Trust & Credibility

Backed by regulatory compliance, expertise, and a commitment to excellence.

SEBI Registration

INH000009603

Registered Research Analyst under SEBI regulations, ensuring compliance and credibility in equity research and advisory services.

14+ Years Experience

Deep Capital Markets Expertise

Extensive experience across leading financial organizations with proven track record in equity research and investment advisory.

Expert Credentials

Education & Certifications

MBA in Finance and Advanced Financial Management certifications from premier institutions, ensuring academic rigor and professional excellence.

Get in Touch

We'd love to discuss how we can support your financial goals.

Office Location

InveStellar Equity Research and Consulting
Pune, India