Please Note: We Capitalize is a brand name and does not represent a separate legal entity. All research services are rendered by Gowtham Kumaresh, SEBI Registered Research Analyst, Registration No. INH000028981.
Always verify the UPI handle and bank account details published on this page using the SEBI verification tools before making any fee payment. Do not pay to any other UPI ID or bank account — even if the sender claims to represent We Capitalize.
1. Our Valid UPI Handle
The following is the official, SEBI-mandated, NPCI-validated UPI handle for We Capitalize (Gowtham Kumaresh, INH000028981). This is the only UPI ID authorised to collect research service fees on behalf of We Capitalize.
Official Validated UPI Handle
gowtham.ra@validhdfc
The .ra suffix confirms this is a
SEBI-registered Research Analyst handle.
The @valid prefix confirms NPCI validation.
No other handle format is authorised.
2. Official QR Code
Use the QR code below to pay via any UPI app. When you scan this QR code, a green triangle with a thumbs-up icon will appear on the payment screen — confirming the recipient is a SEBI-registered intermediary. If that icon does not appear, do not proceed with the payment.
Scan to Pay — SEBI Validated QR
A green triangle with thumbs-up icon will appear on your UPI app screen when this QR is scanned — confirming SEBI registration. If the icon is absent, do not pay.
You can also upload and verify this QR code independently using the SEBI QR verification tool at sebi.gov.in/qr-verification.html .
3. Bank Account Details
For fee payments via NEFT, RTGS, IMPS, or cheque, use the bank account details below. Always verify these details using the SEBI bank account verification tool before transferring any funds.
Verify our bank account details independently using the SEBI bank account verification tool before making any payment: sebi.gov.in/account-verification.html .
4. SEBI Verification Tools
SEBI provides three dedicated verification tools effective October 1, 2025. Use these to independently confirm the authenticity of our UPI handle, QR code, and bank account before making any payment. All tools are free and require no login.
QR Code Verification
Upload or scan a QR code to confirm it belongs to a SEBI-registered intermediary.
UPI Handle Verification
Enter a UPI ID to confirm it is linked to a SEBI-registered intermediary before paying.
Bank Account Verification
Enter a bank account number to confirm it belongs to a SEBI-registered intermediary.
SEBI strongly advises investors to use these tools before making any payment to any intermediary. If our UPI handle or bank account does not appear on any of these tools, do not pay and contact SEBI immediately.
5. How to Verify Before Paying
Follow these steps every time before making a fee payment to We Capitalize:
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Check the UPI Handle Format
Our validated handle contains .ra (Research Analyst suffix) and @valid followed by the bank name. Any UPI ID without this exact format is not authorised to collect fees on behalf of We Capitalize.
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Use the SEBI UPI Verification Tool
Enter our UPI handle at sebi.gov.in/upi-verification.html to confirm it is linked to SEBI RA INH000028981 before proceeding.
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Look for the Green Triangle Icon
When you enter our UPI handle in any UPI app (PhonePe, GPay, Paytm etc.), a green triangle with a thumbs-up icon should appear confirming the recipient is a SEBI-registered intermediary. If this icon does not appear — do not proceed with payment.
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Verify Registration on SEBI Website
Cross-check our SEBI RA registration independently at sebi.gov.in — Intermediary Search . Search for Reg. No. INH000028981.
6. Permitted Payment Modes
As per SEBI regulations, all research service fees must be paid through banking channels only. The following modes are accepted:
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Validated UPI — use only the
.ra@validhandle published on this page. Verify via the SEBI UPI tool before paying. The green triangle icon must appear on your UPI app before you confirm payment. - NEFT / RTGS / IMPS — use the bank account details published in §3 above. Always verify via the SEBI bank account verification tool first.
- Cheque — payable to Gowtham Kumaresh only. Do not issue cheques in any other name.
- CeFCoM (Optional) — the Centralised Fee Collection Mechanism managed by BSE Limited (RAASB) is an optional payment channel available to clients. Details at bseindia.com .
SEBI regulations explicitly prohibit Research Analysts from accepting fees in cash under any circumstance. We Capitalize will never request cash payment. Always obtain a receipt for every payment made through banking channels.
Fee Cap (SEBI Mandate): The maximum fee chargeable by a Research Analyst is ₹1,51,000 per annum per family of client for individual and HUF clients, excluding statutory charges. Any demand exceeding this limit is not authorised.
7. Fraud Warning
Gowtham Kumaresh / We Capitalize - will never ask you to pay to a personal UPI ID, personal bank account, cryptocurrency wallet, or any payment channel other than the validated UPI handle and bank account published on this page.
- Never pay to a UPI ID that does not contain .ra@valid — even if the sender claims to be Gowtham Kumaresh or We Capitalize.
- We will never ask for your Trading Account, Demat Account, or Bank Account login credentials or OTPs under any circumstance. Never share these with anyone.
- We do not collect subscription fees directly via WhatsApp or Telegram messages. All fees go through the verified banking channels published on this page only.
- If you receive a payment request from any account claiming to be Gowtham Kumaresh / We Capitalize that does not match the details on this page — do not pay. Report it to SEBI immediately at scores.sebi.gov.in .
- For a full list of our official social media accounts and channels, refer to our Social Media Disclaimer.
8. About SEBI Validated UPI Handles
SEBI introduced Validated UPI Handles via circular dated June 11, 2025, effective October 1, 2025, to protect investors from fraudulent payment requests by unregistered entities impersonating SEBI-registered intermediaries.
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Validated UPI handles are exclusively allocated by
NPCI to SEBI-registered intermediaries. No
unregistered entity can obtain a
@validhandle. -
The handle format is
username.category@validbankname— where.radenotes a Research Analyst,.iadenotes an Investment Adviser, and.brkdenotes a Stock Broker. - When you enter a validated handle in any UPI app, a green triangle with thumbs-up icon appears on the payment screen confirming the recipient is SEBI-registered.
- The UPI transaction limit for capital market payments via validated handles is currently ₹5 lakh per day as approved by SEBI and NPCI.
- This system works alongside — and does not replace — existing payment modes such as NEFT, RTGS, IMPS, and CeFCoM.
This initiative is governed by the SEBI Circular on Validated UPI Handles dated June 11, 2025. For the full circular, visit sebi.gov.in .