Terms of Service & Legal Disclosures

Welcome to Digital Arthalaya (accessible via https://digitalarthalaya.in). By browsing, accessing, or utilizing any article, valuation analysis, IPO breakdown, data table, or tool provided on this website, you explicitly agree to be legally bound by these Terms of Service, along with our Privacy Policy, Editorial Policy, and Statutory Disclaimer.

If you do not agree with any provision set forth in these terms, you must immediately cease navigating or using this portal. Continued use constitutes irrevocable acceptance of any subsequent updates or modifications published on this page.

Digital Arthalaya operates strictly and exclusively as an independent financial journalism, investor education, and public data reporting platform. We are NOT registered with the Securities and Exchange Board of India (SEBI) as an Investment Adviser (RIA) under the SEBI (Investment Advisers) Regulations, 2013, nor as a Research Analyst (RA) under the SEBI (Research Analysts) Regulations, 2014.

• Primary Sourced Factual Reporting: All company financials, balance sheets, price bands, lot sizes, issue structures, and risk factors are sourced verbatim from Draft Red Herring Prospectuses (DRHP) and Red Herring Prospectuses (RHP) filed with SEBI, BSE, and NSE.
• Zero Guaranteed Outcomes: Past listing performances or historical market trajectories documented on this website are neither predictive nor indicative of future market returns. Equity markets carry inherent capital loss risks.
• Mandatory Independent Due Diligence: Retail and non-institutional investors must conduct their own independent evaluation, consult a qualified SEBI-registered Investment Adviser, and carefully read the official Offer Document prior to submitting any IPO application.

Digital Arthalaya tracks and reports Grey Market Premium (GMP) data strictly for educational and informational market sentiment observation. Users must understand and agree to the following statutory limitations regarding grey market data:

• Unofficial & Unregulated: The grey market operates completely outside the regulatory purview of SEBI, the Reserve Bank of India (RBI), BSE, and NSE. It is strictly an informal, unorganized, over-the-counter market sentiment indicator.
• Extreme Volatility & Speculation: Grey Market Premiums fluctuate wildly based on rumors, informal broker quotes, and speculative trading volumes. They do not constitute statutory prices and are subject to immediate reversal upon official exchange listing.
• Prohibition on Investment Reliance: Digital Arthalaya strictly warns all investors against making IPO subscription decisions solely or predominantly based on GMP data. Full details regarding our tracking methodology are available on our GMP Methodology Page.

In strict compliance with statutory digital intermediary guidelines and advertising standards, Digital Arthalaya provides full transparency regarding its commercial affiliations:

• Registered Referral Agent Status: Digital Arthalaya functions as an authorized Referral Agent for Upstox (RKSV Securities India Pvt. Ltd.), a SEBI-registered stockbroker (SEBI Reg. No. INZ000315837, NSE/BSE/MCX Member).
• External Platform Redirection: Selecting hyperlinks labeled "Open Free Demat", "Apply Now", or our referral tracking links redirects users to Upstox's secure, regulated digital onboarding infrastructure.
• Absolute Separation of Client Credentials: All Know Your Customer (KYC) documentation, Aadhaar e-Sign, bank account verifications, trading passwords, and demat fund deposits are handled directly by Upstox. Digital Arthalaya possesses zero visibility, zero custody, and zero access to client passwords, OTPs, or trading activities.
• Brokerage Terms Precedence: Account opening decisions, margin terms, brokerage fees, and platform terms of use on Upstox are determined exclusively by RKSV Securities India Pvt. Ltd.

All original text, educational articles, IPO valuation synthesis tables, custom financial comparison matrices, branding logos, visual graphics, and underlying source code on Digital Arthalaya are the exclusive intellectual property of Digital Arthalaya and are protected under the Indian Copyright Act, 1957.

Strictly Prohibited Activities:

• Systematic, automated scraping, harvesting, crawling, or extracting of data via bots, spiders, or scrapers without prior written consent.
• Republishing, mirroring, framing, or commercially reselling Digital Arthalaya editorial guides or tables on any third-party website, mobile app, or social media group without clear canonical attribution.
• Using our brand name, logo, or reputation to operate unauthorized financial advisory services, paid stock tip channels, or pump-and-dump syndicates.

Digital Arthalaya maintains a rigorous, zero-compromise policy against financial solicitation:

• Impersonation Warning: Fraudulent actors frequently impersonate financial portals on WhatsApp and Telegram offering "pre-IPO allotment guarantees" or "insider tip services". If anyone solicits money using the name of Digital Arthalaya or Suraj Kasabe, it is an illegal scam.
• Immediate Reporting: Please immediately report any suspicious payment demands or counterfeit groups to our official compliance desk at support@digitalarthalaya.in.

While our editorial desk follows strict multi-stage verification against primary regulatory filings, market information is inherently time-sensitive and subject to external technical variables:

• "As Is" and "As Available" Basis: All content, tools, tables, and subscription trackers are provided without warranty of any kind, whether express, implied, or statutory, including warranties of merchantability or fitness for a particular investment objective.
• Exchange & Registrar Outages: We shall not be held liable for inaccuracies, transmission delays, or disruptions resulting from server downtimes of stock exchanges (BSE/NSE), regulatory repositories (SEBI EDGAR/CFDS), or IPO registrar allotment servers (Link Intime, KFin Technologies, Bigshare).
• Consequential Damages: Under no circumstances shall Digital Arthalaya, its founder, editorial authors, or affiliates be liable for any direct, indirect, incidental, special, punitive, or consequential damages (including capital loss, lost trading profits, or business interruption) arising from your reliance on content published on this portal.

These Terms of Service, along with any dispute, controversy, or claim arising out of or relating to your use of Digital Arthalaya, shall be governed by, construed, and interpreted in accordance with the laws of the Republic of India.

You irrevocably consent that any legal proceeding or litigation arising from these Terms shall be subject to the exclusive territorial jurisdiction of the competent civil and criminal courts located in Pandharpur / District Solapur, Maharashtra, India.