Last updated 27 September 2026
By creating an account or using the S4PMIA platform ("Services"), you agree to these Terms. If you're accepting on behalf of an advisory firm, you're confirming you're authorised to do so, and "you" below means that firm.
The Services are built for SEBI-registered Investment Advisers and their staff, to manage their own clients' financial data, reporting, and analysis. They are not a consumer product, and end-clients of an advisory firm do not get their own S4PMIA accounts — their advisor manages their data on their behalf.
S4PMIA is a software tool, not an investment adviser. Nothing generated by the Services — including any calculation, report, risk category, or flag — is investment advice, a recommendation, or a substitute for your own professional judgment. You are solely responsible for any advice you give your own clients.
S4PMIA is not registered with SEBI as an Investment Adviser, Research Analyst, or any other market intermediary, and does not need to be, because the Services do not themselves provide investment advice, execute trades, or perform any other regulated activity. You are responsible for holding and maintaining your own SEBI registration for as long as you use the Services in your advisory business.
Paid access to the Services is provided under the tier you've subscribed to (see our pricing) and, for firms with a signed copy, additionally governed by our Advisor Agreement, which takes precedence over these Terms on data-processing, security, and liability matters where the two differ.
We own the Services — the software, calculation logic, report templates, and the S4PMIA name and branding. You own the data you and your clients put into it.
The Services are provided "as is," without warranty of any kind. We do not warrant that the Services will be uninterrupted, error-free, or that any calculation or output is accurate for your client's particular circumstances. Review every output before relying on it.
To the extent permitted by law, our total liability to you arising out of these Terms is capped at the fees you paid us in the preceding 12 months, and neither of us is liable for indirect or consequential loss. (Paid accounts: see the Advisor Agreement for the fuller version of this clause and its carve-outs.)
You may stop using the Services at any time. We may suspend or terminate your account for a material breach of these Terms, non-payment, or if required by law. See our Privacy Policy for what happens to your data after termination.
We may update these Terms from time to time. We'll notify you of material changes (by email or in-app notice) before they take effect.
These Terms are governed by the laws of India, and subject to the exclusive jurisdiction of the competent courts in India.
Questions about these Terms, or complaints, can be sent to grievance@s4pmia.com.
This is a working draft prepared with AI assistance and is being reviewed before it is treated as final; if anything here conflicts with a signed agreement between you and S4PMIA, the signed agreement controls.