**Subject: Clarification Regarding the Legitimacy of the Exsepro App and WhatsApp Investment Group**
I would like to know whether **Exclusive Securities Limited** is a SEBI-registered company.
An app called **Exsepro App** is operating in the name of Exclusive Securities Limited. In addition, there is a WhatsApp group that offers investment plans, including IPOs, stock recommendations, and mutual fund investments.
Could you please confirm whether the **Exsepro App** and this **WhatsApp group** are officially operated by Exclusive Securities Limited and whether they are legitimate?
Ans: Based on the available public information, here is a careful assessment:
» Is Exclusive Securities Limited a SEBI-Registered Company?
Yes. Exclusive Securities Limited appears to be a genuine securities company with an active SEBI stock broker registration (Registration No. INZ000177234) and is also a registered Depository Participant with CDSL. It has been operating since 1994 and is a member of major Indian exchanges.
However, the existence of a genuine SEBI-registered company does not automatically mean every app, website or WhatsApp group using its name is genuine.
» Is the Exsepro App Official?
At present, I could not find independent confirmation that an app called "Exsepro App" is the officially authorised mobile application of Exclusive Securities Limited.
The company's official materials prominently refer to an "Exclusive X Platform", not "Exsepro App."
Because of this difference in branding, you should not assume that Exsepro App is official without direct confirmation from the company.
» Is the WhatsApp Investment Group Genuine?
I could not verify that the WhatsApp group is officially operated by Exclusive Securities Limited.
This is especially important because SEBI and Indian stock exchanges have repeatedly warned investors that fraudsters often:
– Create WhatsApp or Telegram groups.
– Impersonate SEBI-registered brokers.
– Promise IPO allotments or exclusive investment plans.
– Offer guaranteed or unusually high returns.
– Ask investors to transfer money outside normal broker channels.
– Promote unofficial trading apps.
These are common features of investment scams.
» Warning Signs to Watch For
Be extremely cautious if the group:
– Promises guaranteed profits.
– Claims "VIP IPO allotments" or "institutional accounts."
– Asks you to transfer money to personal or third-party bank accounts.
– Requests that you install an app outside the official app stores.
– Asks for your trading account password or OTP.
– Pressures you to invest quickly.
Even if initial recommendations appear profitable, that does not prove legitimacy.
» What You Should Do Before Investing
Before investing any money:
– Contact Exclusive Securities Limited using the customer care number or email published on its official website.
– Ask them specifically whether the Exsepro App is their authorised app.
– Ask whether the exact WhatsApp group (share the group name and admin mobile numbers) is officially managed by them.
– Invest only through the broker's officially verified website or trading platform.
» My Assessment
– Exclusive Securities Limited itself appears to be a legitimate SEBI-registered intermediary.
– I could not verify that the Exsepro App is an official product of the company.
– I could not verify that the WhatsApp investment group is officially operated by the company.
Until the company confirms both in writing, I would advise not transferring any money or acting on investment recommendations received through that app or WhatsApp group.
Best Regards,
K. Ramalingam, MBA, CFP,
AMFI-Registered MFD – ARN 4188
www.holisticinvestment.in
https://www.linkedin.com/in/ramalingamcfp/