Share Recovery Agent in Bhubaneswar
Bhubaneswar is a capital city with a public-sector backbone and, until 2015, a stock exchange of its own. We recover the dormant folios and IEPF holdings those two produced.
Handled remotely, with no professional fee before recovery.
Serving Bhubaneswar, Odisha · Khordha district from our Gurugram officeReviewed 8 October 2026
Public-sector payrolls and an exchange that closed in 2015
Bhubaneswar and Cuttack between them hold Odisha’s administrative and commercial weight, and the state’s large mining and metals undertakings are headquartered or represented here. Public-sector employees received reserved allotments in disinvestment issues and bonus entitlements, which put share certificates into thousands of salaried households.
The Bhubaneswar Stock Exchange was granted exit by SEBI in February 2015. Investors in companies listed only there were left without a local market; as elsewhere, those companies were given a Dissemination Board on the national exchanges, and the shareholding survives.
The common failure here is the township address. A folio opened against company quarters goes silent the day the employee retires to a home district, and seven years of unpaid dividends later the shares are in the IEPF.
What Odisha families need to produce
In Odisha the legal heir certificate is issued by the Tahasildar, applied for online through the state’s e-District services or at a common service centre, after the Revenue Inspector verifies the family.
In many cases no such certificate is needed. SEBI’s simplified transmission route covers holdings up to ₹10 lakh per company in physical form and ₹30 lakh in demat, on a notarised indemnity bond and an affidavit-cum-NOC from the other legal heirs.
- Death certificate, SEBI’s transmission request form (Annexure-3) and the claimant’s KYC documents
- Notarised indemnity bond and affidavit-cum-NOC from the other legal heirs
- A Tahasildar’s legal heir certificate, or a succession certificate, only above SEBI’s limits
- A demat account in the claimant’s name, with a Client Master List under two months old
What we handle for clients in Bhubaneswar
How a Bhubaneswar claim actually runs
Five stages, the same wherever you are. Nothing here needs you to travel, and nothing is billed until the last one.
- 1
Free assessment
You send whatever you have — a certificate, a folio number, a name, sometimes only a company. We tell you what exists and what it is likely worth before you commit to anything.
- 2
Tracing and confirmation
We search the IEPF records and write to the registrar to confirm the holding, the corporate actions applied to it since, and who it currently stands in the name of.
- 3
Documents assembled
Death certificate, heirship evidence, indemnity bond, NOCs, KYC and the demat account details — prepared in the order the registrar and the company will want them.
- 4
Filing and follow-up
Form IEPF-5, the transmission request or the duplicate issue is filed, and we chase the company Nodal Officer and the Authority until the verification report moves.
- 5
Shares credited
The securities are credited directly to your own demat account. Our fee becomes payable at this point, and not before.
Zero advance fee — what Bhubaneswar clients pay, and when
We charge no advance professional fee. Our fee is a percentage agreed with you before we start, payable only once the shares or dividends have reached your own demat or bank account. If nothing is recovered, you owe us no professional fee at all.
- Nothing to pay for the assessment, and nothing while the claim is running
- The percentage is fixed in writing before any work starts — it does not move later
- Statutory and third-party costs — stamp duty, notary, court fees, newspaper notices — are paid by you at actuals, with receipts
- Shares are credited to your account, never to ours; we never take custody of your securities
Anyone who asks you for money before a claim has been assessed is worth walking away from. Read the full fee policy.
Areas we cover around Bhubaneswar
Claims are handled remotely across Odisha, with documents collected by courier and identity verified over video. There is no need to travel to our office.
- Cuttack
- Khordha
- Jatni
- Puri
- Balugaon
Questions from Bhubaneswar
Do you have an office in Bhubaneswar?
No. Our only office is in Gurugram, and we serve Bhubaneswar remotely — documents by courier, identity verified over video, shares credited to your own demat account. We do not claim branches we do not have.
My shares are in a company that was listed only on the Bhubaneswar Stock Exchange.
The exchange winding up did not cancel your shares. When SEBI let the regional exchanges exit, companies listed only on them were given a Dissemination Board on the national exchanges, and many later listed nationally, merged or were renamed. We trace what became of the company through the registrar and MCA records before you spend anything — that is the first real task on most Bhubaneswar files.
My father’s folio has his PSU township address.
That is the most common Odisha file. Form ISR-1 updates the address against current KYC; where he has died, the address correction and the transmission are filed together rather than one after the other.
Could I do this myself?
Yes. The IEPF Authority’s records can be searched free and Form IEPF-5 can be filed by anyone on the MCA portal at no cost. We charge for assembling the documents, handling registrar and company verification and following it through — not for access to something that is public.
What will it cost, and when?
Nothing in advance. A percentage agreed with you in writing before we start becomes payable only after the shares reach your own demat account. Statutory costs — stamp duty, notary, court fees, newspaper notices — are paid by you at actuals, with receipts.