Old Hero FinCorp Shares: What They Are Worth and How to Recover Them
Reviewed 22 September 2026
In short
Hero FinCorp is not a listed company, and that changes the mechanics. Its shares do not trade on an exchange, SEBI’s listed-company service framework does not apply in the same way, and transfers are handled by the company rather than through a stock exchange trade. Unlisted public companies must nonetheless hold their securities in dematerialised form, and unclaimed dividends can still reach the IEPF.
Corporate actions that changed the holding
- 2024Draft prospectus filedHero FinCorp filed a draft red herring prospectus with SEBI in August 2024 for a proposed public issue. As at the date of this page it remains unlisted; timelines reported for a listing are indicative only.
Because the company is unlisted, the usual sources for corporate action history — exchange filings and registrar portals for listed companies — are limited. Deal with the company’s own investor or secretarial team.
Who to write to
Check the company’s current registrar before you write
- Where to look
- The investor or shareholder section of the company’s website, and the general shareholder information section of its latest annual report
- Why it matters
- Registrars merge and change hands — TSR Consultants became Link Intime, which became MUFG Intime — so an address on old correspondence is often out of date
We have not verified this company’s current registrar against a company or registrar source, so we are not naming one here.
Registrars change. Confirm the current one on the company’s investor page before posting anything, and see how to find a company’s registrar.
How the shares are recovered
- The shares are in your name and you have the certificates
Update KYC on the folio if needed, then dematerialise them so they can be sold.
- The shareholder has died
The nominee, surviving joint holder or legal heirs claim through transmission.
- You bought the shares on paper before April 2019
SEBI's special window, open until 4 February 2027, lets you complete the transfer.
- The certificates are lost or damaged
The registered holder or heirs apply for duplicates, credited to demat.
- The shares or dividends were transferred to IEPF
Claim them back from the IEPF Authority with Form IEPF-5.
- The certificate is in an old or merged company name
The holding may now sit with a renamed or successor company.
Questions we are asked about Hero FinCorp shares
How do I transfer unlisted shares like these?
Through a share transfer deed in Form SH-4 lodged with the company, rather than a market trade. [Claiming and transferring shares of an unlisted company](https://globalequitysolutions.in/blog/claim-shares-of-unlisted-company) explains the process.
Can unlisted company dividends go to the IEPF?
Yes. The Companies Act provisions on unpaid dividends and the IEPF apply to companies generally, not only listed ones, so unclaimed amounts can be transferred after seven years.
The shareholder has died. Is transmission different?
The principles are the same, but SEBI’s simplified framework for listed securities does not govern it. The company’s articles and the Companies Act do, so requirements vary between companies.
Sources
Free valuation of old shares
Send us the company name and folio number from the certificate. We work out what the holding is worth today, after bonuses, splits and mergers.