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Manish Goel - SEBI Registered Investment Adviser

About Manish Goel

SEBI Registered Investment Adviser • Chartered Accountant

422 Articles Published

Manish Goel is a Chartered Accountant and the Founder of Multibagger Securities Research & Advisory Pvt. Ltd. (SEBI Registered Investment Adviser, INA100007736). A full-time value investor since 2010, he has helped thousands of investors build long-term wealth through quality stock picking and disciplined fundamental analysis.

September 14, 2026
Cover illustration: a plain shirt on a hanger with a blank label, beside a showroom price tag, over a navy background

The Tailor Whose Name Is Never on the Shirt: How to Judge a Company That Makes What Someone Else Sells

A very large part of India’s industry makes things that carry another company’s name on the box. Some of those factories are wonderful businesses. Most are not. The difference comes down to five questions you can ask without knowing anything about the product.
September 13, 2026
Cover illustration: a workshop counter with a handwritten bill, a customer holding a question mark where the receipt should be verified, and a gold seal marked TRUST

The Bill You Cannot Check: How to Judge a Business Whose Customers Can Never Tell If the Work Was Good

Some things you buy can be judged before you pay. Some can be judged after you use them. And some can never be judged at all. Businesses that sell the third kind are paid on trust alone — which makes them unusually strong, and unusually breakable.
September 12, 2026
A lane of five identical shops with a locked, barred gate at the end, and only three customers walking past - MULTIBAGGERSHARES.COM

The Shop That Cannot Close: Why an Industry Stays Poor When Its Losers Cannot Leave

Every investor is taught to ask whether rivals can get into a business. The more revealing question is often whether the weak ones can get out.
September 11, 2026
Navy cover for The Helmet Shop Outside the RTO, showing a government office sending a stream of customers across a road into a row of identical small shops

The Helmet Shop Outside the RTO: When the Law Sends the Customers, Who Keeps the Profit?

Some businesses never have to find a customer. The law finds the customer for them. It sounds like the safest business in the world. It usually is not. Here is how to read a business whose demand is written into a rulebook, and the three questions that decide whether that rulebook makes it wonderful or merely busy.
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