Asmita Patel, She Wolf of Stock Market and Options Queen

Asmita Patel, She Wolf of Stock Market' and Options Queen'

Asmita Patel, also known as the "She Wolf of Stock Market" and "Options Queen," is a financial influencer who was recently banned by the Securities and Exchange Board of India [SEBI) for allegedly providing unregistered investment advice.

The "She Wolf of the Stock Market" strikes back: SEBI takes action over Asmita Patel's unregistered investment advice

The reign of Asmita Patel, known to her followers as the "She Wolf of the Stock Market" and the "Options Queen", has come to an abrupt end. The Securities and Exchange Board of India [SEBI) recently banned Patel and her affiliate entities for allegedly providing unregistered investment advice, confiscating millions of rupees and banning them from the securities market. This high-profile case is a stark reminder of the risks associated with taking financial advice from unregulated influencers.

Asmita Patel: "The She Wolf of the Stock Market" banned by SEBI

Asmita Patel, widely known as the "She Wolf of the Stock Market" and the "Options Queen", has been a prominent figure in India's financial landscape. She gained popularity for her stock market courses and investment strategies, garnering a considerable following on social media. However, in February 2025, the Securities and Exchange Board of India [SEBI) took strict action against her for allegedly providing unregistered investment advice.

Who is Asmita Patel?

Asmita Patel is the founder of Asmita Patel Global School of Trading, an organization designed to simplify stock market education for retail investors. Through this platform, she launched several courses such as:

Let's Make India Trade [LMIT)

Master in Price Action Trading [MPAT)

Option Multiplier [OM)

With over 525,000 YouTube subscribers and 291,000 Instagram followers, Patel leveraged the digital platform to build a strong community of aspiring traders and investors.

SEBI charges against Asmita Patel

SEBI's investigation revealed that Patel was allegedly providing unregistered investment advisory services under the guise of educational programs. The main allegations include:

Providing stock recommendations and trading strategies in the name of training programs.

Charging hefty course fees while misleading investors about guaranteed profits.

Routing course fees through third party entities to circumvent regulatory scrutiny.

SEBI action and market ban

As a result of these findings, SEBI has taken decisive actions:

Banned Asmita Patel and her related entities from the securities market.

Seized Rs 54 crore out of Rs 100 crore allegedly collected from course participants.

Directed Patel to refund the money to the affected investors.

Impact on retail investors

The action against Asmita Patel is a warning to retail investors who follow financial influencers without verifying their regulatory compliance. While many social media experts claim to offer profitable strategies, it is important to ensure that they are SEBI-registered investment advisors.

Asmita Patel's response and legal stance

It is important to note that SEBI's findings are preliminary, and Patel has the right to defend herself. She can contest SEBI's allegations in the Securities Appellate Tribunal [SAT) or other legal avenues.

Lessons for investors

Always verify SEBI registration before taking investment advice.

Be wary of gurus promising high returns with minimal risk.

Do independent research before investing in any stock or financial product.

From "Options Queen" to regulatory target:

Patel built a significant following through her Asmita Patel Global School of Trading, offering courses such as "Let's Make India Trade", "Master in Price Action Trading" and "Options Multiplier". Her online presence with hundreds of thousands of followers on YouTube and Instagram further extended her reach. She established herself as a market guru, simplifying stock market education for retail investors.

However, SEBI's investigation painted a different picture. The regulator found that Patel was allegedly offering investment advice disguised as educational courses. He is accused of luring students and investors with the promise of huge profits, luring them towards certain stocks and charging hefty fees for his courses. SEBI’s action resulted in the seizure of nearly ₹54 crore out of the ₹10o crore earned by Patel through these services. SEBI’s strict action and charges: SEBI’s action against Patel and his associate entities is conclusive. They have been barred from entering the securities market and SEBI has directed them to return the seized funds collected from course participants. The investigation revealed that the course fees were routed through third-party entities, a possible attempt to circumvent regulatory scrutiny. Importantly, Patel was offering investment advice without the required regulatory approval, a significant violation that triggered SEBI’s intervention. A cautionary tale for investors: This case underscores the critical importance of regulatory compliance in the financial advisory sector. It also highlights the potential dangers of relying on financial advice from unregulated influencers, regardless of their online status.

Asmita Patel, also known as the "She Wolf of Stock Market" and "Options Queen," is a financial influencer who was recently banned by the Securities and Exchange Board of India (SEBI) for allegedly providing unregistered investment advice.