We trace, locate, and recover dormant shares, unclaimed dividends, and forgotten investments across all major listed companies in India — restoring rightful ownership to individuals, families, and NRIs through a fully managed recovery process.
🔒 Strictly confidential. No charges for assessment. No obligation to proceed.
Unclaimed shares and dividends are financial assets that rightfully belong to an investor or their legal heirs — but have become inaccessible due to outdated records, missed communications, or the death of the original shareholder without proper estate planning.
In India, this is not a small problem. According to the Ministry of Corporate Affairs, over ₹50,000 crore in shares and ₹5,685 crore in dividends are currently held by the Investor Education and Protection Fund (IEPF) — transferred there because the rightful owners could not be reached or did not know their assets existed.
Unclaimed assets do not disappear. They do not expire. They do not become the property of the government permanently. The law guarantees your right to reclaim them — at any time, through the correct legal process. What changes over time is the complexity of the process required to reclaim them.
The earlier you act, the simpler the recovery. But even assets that have been sitting unclaimed for twenty or thirty years are recoverable — and we have done it.
| ₹50,000 Cr+ | Shares currently held by IEPF |
| ₹5,685 Cr+ | Dividends currently held by IEPF |
| Lakhs | Investor folios with unclaimed dividends |
| 1980s–90s | Era of the largest volume of forgotten physical share certificates |
| 7 Years | The trigger period after which assets transfer to IEPF |
Source: Ministry of Corporate Affairs, IEPF Authority
From IEPF-5 filing to share transmission after death — our services cover every dimension of investor wealth recovery under one specialist team.
IEPF-5 is the government-mandated form for claiming a refund of shares and dividends transferred to the IEPF Authority. Filing is done on the MCA21 portal and requires a Digital Signature Certificate (DSC) from the claimant. Errors in this form — wrong Nodal Officer details, PAN mismatch, incorrect share quantity, missing Indemnity Bond — result in outright rejection with no recourse except re-filing after six to eight months.
We cross-check the MCA IEPF portal, RTA records, and company websites to confirm which shares and dividend amounts have been transferred and in what quantities.
We prepare a tailored document checklist. We then perform critical KYC pre-alignment — verifying your current data matches RTA records exactly. This step prevents the most common cause of IEPF claim rejection.
We prepare the IEPF-5 form with complete accuracy, coordinate DSC procurement if required, and prepare the Indemnity Bond and Advance Receipt.
Submission is done under expert supervision. A Service Request Number (SRN) is generated as your unique claim reference. Physical document submission to the company’s Nodal Officer is coordinated simultaneously.
We track your claim through company verification, IEPF Authority verification, and MCA approval stages — providing regular status updates throughout.
6–12 months (govt. processing dependent)
KYC mismatch / incorrect Nodal Officer details
For cases where the original share certificate has been lost, damaged, or stolen — preventing dematerialisation or transfer. We manage the FIR filing, notarised affidavit, indemnity bond, newspaper publication, and complete RTA application process.
We cross-check the MCA IEPF portal, RTA records, and company websites to confirm which shares and dividend amounts have been transferred and in what quantities.
We prepare a tailored document checklist. We then perform critical KYC pre-alignment — verifying your current data matches RTA records exactly. This step prevents the most common cause of IEPF claim rejection.
We prepare the IEPF-5 form with complete accuracy, coordinate DSC procurement if required, and prepare the Indemnity Bond and Advance Receipt.
Submission is done under expert supervision. A Service Request Number (SRN) is generated as your unique claim reference. Physical document submission to the company’s Nodal Officer is coordinated simultaneously.
We track your claim through company verification, IEPF Authority verification, and MCA approval stages — providing regular status updates throughout.
45–90 days
Dematerialisation after certificate issuance
For families managing the estate of a deceased shareholder. We assess whether a nominee is registered, whether a will exists, and whether shares are physical or in demat — and determine the correct legal pathway for your specific situation.
We cross-check the MCA IEPF portal, RTA records, and company websites to confirm which shares and dividend amounts have been transferred and in what quantities.
We prepare a tailored document checklist. We then perform critical KYC pre-alignment — verifying your current data matches RTA records exactly. This step prevents the most common cause of IEPF claim rejection.
We prepare the IEPF-5 form with complete accuracy, coordinate DSC procurement if required, and prepare the Indemnity Bond and Advance Receipt.
Submission is done under expert supervision. A Service Request Number (SRN) is generated as your unique claim reference. Physical document submission to the company’s Nodal Officer is coordinated simultaneously.
We track your claim through company verification, IEPF Authority verification, and MCA approval stages — providing regular status updates throughout.
2–4 months with complete documentation
IEPF claim if shares have also been transferred to IEPF
For shareholders whose dividends have stopped arriving or were never received. We trace dividend status across all major companies, identify whether amounts are still held by the company or already transferred to IEPF, and manage the appropriate recovery process.
We cross-check the MCA IEPF portal, RTA records, and company websites to confirm which shares and dividend amounts have been transferred and in what quantities.
We prepare a tailored document checklist. We then perform critical KYC pre-alignment — verifying your current data matches RTA records exactly. This step prevents the most common cause of IEPF claim rejection.
We prepare the IEPF-5 form with complete accuracy, coordinate DSC procurement if required, and prepare the Indemnity Bond and Advance Receipt.
Submission is done under expert supervision. A Service Request Number (SRN) is generated as your unique claim reference. Physical document submission to the company’s Nodal Officer is coordinated simultaneously.
We track your claim through company verification, IEPF Authority verification, and MCA approval stages — providing regular status updates throughout.
3–9 months depending on whether IEPF transfer has occurred
KYC mismatch / incorrect Nodal Officer details
For legal heirs of deceased shareholders whose assets have been transferred to IEPF. This requires both the transmission documentation and the IEPF-5 filing — a combined process we manage end to end.
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We cross-check the MCA IEPF portal, RTA records, and company websites to confirm which shares and dividend amounts have been transferred and in what quantities.
We prepare a tailored document checklist. We then perform critical KYC pre-alignment — verifying your current data matches RTA records exactly. This step prevents the most common cause of IEPF claim rejection.
We prepare the IEPF-5 form with complete accuracy, coordinate DSC procurement if required, and prepare the Indemnity Bond and Advance Receipt.
Submission is done under expert supervision. A Service Request Number (SRN) is generated as your unique claim reference. Physical document submission to the company’s Nodal Officer is coordinated simultaneously.
We track your claim through company verification, IEPF Authority verification, and MCA approval stages — providing regular status updates throughout.
8–14 months for complex heir cases
Legal heir certificate or succession certificate
Understanding why assets go unclaimed is the first step to recovering them. These are the most common causes we encounter across our 1,000+ recovery cases.
When a shareholder moves without updating their registered address with the company's RTA, all correspondence — dividend warrants, annual reports, shareholder notices — is sent to the old address and returned undelivered. The shareholder stops receiving dividends without realising anything has changed.
Impact: Dividends accumulate as unclaimed. After 7 consecutive years, both dividends and shares transfer to IEPF.
Dividend amounts are credited electronically to the bank account registered with the RTA. If that account has been closed, changed, or the IFSC code has changed due to a bank merger, dividend credits fail and the amounts accumulate as unclaimed.
Impact: Dividends marked as unpaid by the company. After 7 years, transferred to IEPF.
Many investors — particularly those who invested during the 1980s and 1990s IPO era — never informed their family about their shareholdings. After their death, no one in the family was aware the investments existed. Share certificates sat in bank lockers or files for years or decades.
Impact: Dividends go unclaimed. IEPF transfer occurs. Shares become part of an undiscovered estate.
SEBI has mandated that all shareholder folios must be linked to a valid PAN card. Where PAN is not linked, dividend payments may be frozen and the folio flagged as non-compliant. Many older folios — particularly those opened before PAN became mandatory — fall into this category.
Impact: Dividend credits blocked. Folio becomes dormant.
Investors who purchased shares in a company that subsequently merged, was acquired, or changed its name often lose track of the investment. They receive no correspondence from the new entity because the registered address or contact details are outdated.
Impact: Shares converted to successor entity equity go unnoticed. Dividends from successor company go unclaimed.
Physical share certificates that were never converted to demat form cannot receive electronic dividend credits efficiently. Dividend warrants sent by post to outdated addresses go uncashed. After seven consecutive years of uncashed dividends, IEPF transfer is triggered.
Impact: Both dividends and shares transferred to IEPF.
NRIs who invested in Indian companies before moving abroad frequently lose track of those investments. Address changes, bank account changes, and the complexity of managing Indian investments from abroad lead to years of unclaimed dividends.
Impact: Dividends unclaimed for 7+ years. IEPF transfer triggered. FEMA compliance required for recovery.
Where shares were held jointly and one holder has passed away, the surviving joint holder may be unaware that they need to update the folio or that dividends are being returned unclaimed due to the deceased holder's outdated bank details.
Impact: Dividend credits fail. Amounts accumulate as unclaimed.
There are several ways to check whether you or your family members have unclaimed financial assets. We walk you through each method — and offer to run the check for you as part of the free consultation.
The Ministry of Corporate Affairs maintains a searchable database of all shares and dividends transferred to IEPF. You can search by:
Steps:
1. Visit iepf.gov.in
2. Click on “Investor” → “MCA IEPF-7 Search”
3. Enter company name or PAN
4. Review the results for your name or folio number
Limitation: This database only shows assets already transferred to IEPF. Dividends still held by the company (pre-IEPF transfer) do not appear here.
Every listed company in India is required to publish a list of shareholders with unclaimed dividends in their annual report. This list is also published on the company’s investor relations website.
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Steps:
1. Visit the company’s official website
2. Go to “Investor Relations” or “Shareholders” section
3. Search for “Unclaimed Dividend” or “Unpaid Dividend” list
4. Search for your name, folio number, or registered address
Limitation: Each company must be checked separately. Time-consuming if shares are held across multiple companies.
Major RTAs including KFintech and Link Intime maintain online portals where shareholders can check their folio status, registered bank details, and dividend payment history.
KFintech Portal: kfintech.com → Investor Services
Link Intime Portal: linkintime.co.in → Investor Services
Steps:
Limitation: You need to know which RTA manages the company’s folio records.
The fastest and most comprehensive approach. We check the MCA IEPF portal, relevant RTA records, and company-level unclaimed dividend lists simultaneously — across all companies where you or your family members may have held shares.
Share with us:
We return a complete picture of all recoverable assets within 2 business hours — at no charge.
Our recovery services cover every category of unclaimed financial asset — from dividends transferred to IEPF to dormant folios with years of accumulated unclaimed amounts.
Shares that have been transferred to the IEPF Authority's demat account due to seven consecutive years of unclaimed dividends. Recovery requires filing Form IEPF-5 on the MCA21 portal.
Who can claim: Original shareholder or legal heir
Process: IEPF-5 filing + Nodal Officer coordination + IEPF Authority approval
Timeline: 6–12 months
Dividend amounts transferred to IEPF after remaining unclaimed for seven consecutive years. Recovered alongside the corresponding shares through the IEPF-5 filing process.
Who can claim: Original shareholder or legal heir
Process: IEPF-5 filing (dividend component included in same claim)
Timeline: 6–12 months (concurrent with share recovery)
Dividend amounts declared but unpaid — held by the company in a designated unpaid dividend account — where the seven-year IEPF transfer trigger has not yet been reached. These can be claimed directly from the company without filing an IEPF-5.
Who can claim: Registered shareholder
Process: Direct application to company / RTA with updated bank details
Timeline: 30–90 days
Folios where dividend credits have been failing due to outdated bank details, unlinked PAN, or non-compliant KYC — but where the seven-year trigger has not yet been reached. Resolving the KYC issues and updating bank details restores dividend flow and prevents IEPF transfer.
Who can claim: Registered shareholder
Process: KYC update + bank mandate update with RTA
Timeline: 30–60 days after KYC correction
Physical certificates where dividends have been going unclaimed due to the absence of a linked demat account and active bank mandate. Recovery involves dematerialisation and simultaneous IEPF recovery where applicable.
Who can claim: Registered shareholder or legal heir
Process: Dematerialisation + IEPF recovery where triggered
Timeline: 6–10 weeks (demat only) to 6–12 months (with IEPF component)
Shares and dividends held by NRIs or inherited by NRI legal heirs — including FEMA-compliant recovery and repatriation of dividend amounts to NRO/NRE accounts.
Who can claim: NRI shareholder or NRI legal heir
Process: IEPF-5 or direct recovery + FEMA compliance + repatriation
Timeline: 9–15 months for complex NRI IEPF cases
We check the MCA IEPF portal, RTA records, and company-level unclaimed dividend databases to identify all recoverable assets. We confirm the current status of each holding — whether dividends are still held by the company or have been transferred to IEPF — and give you a clear picture of the total recoverable value and the process required for each asset.
No charges at this stage.
Based on the asset tracing results, we prepare a consolidated recovery plan covering all identified assets. Where different assets require different recovery processes — some through direct company application, others through IEPF-5 filing — we consolidate these into a single coordinated plan with a clear timeline and document checklist for each.
We collect and verify all required documents. For IEPF recovery cases, we perform KYC pre-alignment — verifying that current details match RTA records exactly before any filing begins. For direct company recovery cases, we update bank details and address records with the RTA where required.
We file IEPF-5 on the MCA21 portal for IEPF recovery cases, and submit direct recovery applications to the relevant companies or RTAs for pre-IEPF assets. All submissions are tracked with acknowledgement references.
We track all active recovery cases simultaneously — following up with Nodal Officers, RTAs, and the IEPF Authority at defined intervals. We respond to deficiency letters within 72 hours and escalate via SEBI SCORES where companies exceed statutory processing timelines.
We verify that all recovered amounts — shares to demat account and dividends to bank account — are correctly credited. We provide complete documentation confirming the recovery of each asset and advise on post-recovery steps including dividend mandate activation and portfolio management.
Document requirements depend on the type of recovery and whether the original shareholder is living or deceased. Your case manager will provide a personalised checklist after the free consultation.
Original Shareholder
Deceased Shareholder
Many clients come to us with one known certificate — and we discover additional unclaimed holdings across other companies through our PAN-based IEPF portal search and RTA cross-checks. We recover everything that is recoverable — not just what the client was already aware of.
Recovery involves asset tracing, KYC alignment, document preparation, government filing, Nodal Officer follow-up, IEPF Authority coordination, and final credit verification. We manage every stage — you do not need to coordinate with multiple parties or track multiple processes simultaneously.
We work across all listed companies on BSE and NSE and with all major RTAs — KFintech, Link Intime, Alankit, Bigshare, and Cameo. No company or RTA is outside our scope. Where a company has merged or changed RTAs, we trace the correct current custodian.
Many clients have unclaimed assets across several companies — each with its own RTA, its own Nodal Officer, and its own recovery timeline. We manage all recovery cases simultaneously under a single engagement, providing consolidated updates and a single point of contact throughout.
For many recovery cases we operate on a success-fee model — you pay only when recovery is completed. This aligns our incentive entirely with yours. All fees are disclosed in writing before we begin any work.
We manage unclaimed share and dividend recovery for NRI clients entirely remotely — including FEMA compliance, apostille coordination, and repatriation guidance. NRIs in 20+ countries have recovered their Indian investments through us without a single visit to India.
You can check the MCA IEPF portal at iepf.gov.in using your PAN card number or company name and folio number. You can also check the unclaimed dividend list published on the company’s investor relations website. Alternatively, share your PAN and company details with us and we will run a comprehensive check across all available databases as part of the free consultation — at no charge.
No. Transfer to IEPF is not a permanent loss of ownership. Under Rule 7 of the IEPF Rules 2016, the rightful owner or their legal heir can file a claim at any time — there is no expiry on your right to recover. The process to reclaim is more involved than it was before the transfer, but it is entirely achievable with the correct documentation and professional support.
This is a common situation. The most likely cause is that the bank account or address registered with the RTA is outdated. First, check whether the dividends have already been transferred to IEPF using the MCA portal. If they have, an IEPF-5 claim is required. If they have not yet been transferred, updating your bank details and address with the RTA through the correct KYC update process will restore dividend flow and allow you to claim the accumulated unpaid amounts.
Yes. Where multiple companies are involved, we manage all recovery cases simultaneously under a single engagement — with a consolidated document checklist and a single point of contact. Each company requires a separate IEPF-5 filing where IEPF transfer has occurred, but we coordinate all filings and follow-ups as a unified process.
For dividends still held by the company (pre-IEPF transfer): 30–90 days after KYC update and direct application. For assets transferred to IEPF: 6–12 months from complete IEPF-5 filing. For legal heir cases with succession documentation required: 9–15 months. Timelines depend on document completeness and government processing timelines.
Legal heirs can recover unclaimed shares and dividends belonging to a deceased shareholder — including assets transferred to IEPF. The process requires succession documentation establishing the heir’s legal right, in addition to the standard IEPF-5 filing. We manage both the succession documentation and the recovery filing as an integrated process.
Yes. Dividend recovery does not require the original share certificate in all cases. We can initiate recovery based on folio records and RTA confirmation of the shareholding. Where the certificate is required — particularly for IEPF claims — we manage the duplicate certificate process as a prerequisite step.
Yes. We offer a fully remote recovery service for NRI clients. We manage all Indian-side processes — asset tracing, documentation, IEPF filing, and government coordination — on your behalf. Recovered dividend amounts are credited to your NRO or NRE account in compliance with FEMA regulations. No India visit is required in the vast majority of cases.
We assess each case individually during the free consultation. There is no fixed minimum recovery value for engagement. For very low-value cases, we will give you an honest assessment of whether professional assistance is the most cost-effective approach given the recovery value and complexity involved.
Our fees depend on the type of recovery, the complexity of the case, and the recovery value involved. For many cases we operate on a success-fee model — you pay only when recovery is completed. All fees are disclosed in writing before we begin any work. There are no hidden charges and no upfront commitment required.