Share Recovery Agent in Bihar
Bihar’s share claims are shaped by one fact above all: the people who hold or inherit them have spread across the whole country. We recover old certificates, dormant folios and IEPF holdings for Bihar families wherever they now live.
The work is remote, and there is no advance professional fee.
Serving Bihar from our Gurugram officeReviewed 8 October 2026
Holdings in Bihar, heirs everywhere
Salaried households in Patna, Gaya, Bhagalpur and Muzaffarpur — government, railway, banking and teaching staff — subscribed to the public issues of the 1980s and 1990s and held quietly. Patna also had the Magadh Stock Exchange, one of the last regional exchanges to close, in 2019.
Bihar has sent its children to every Indian metro and to the Gulf for two generations. The result is a typical estate with the certificates in Bihar and the heirs in five different cities — every one of whom must be accounted for before the shares can move.
Heirship here is usually evidenced by a vanshavali certificate. Below SEBI’s simplified limits it is often not needed at all; above them, it or a succession certificate is.
What Bihar families need to produce
In Bihar heirship is usually evidenced by a vanshavali (family-tree) certificate, applied for through an RTPS counter or the state’s online service portal and issued at circle level after local verification. Succession certificate petitions go to the district court where the deceased ordinarily lived.
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 vanshavali certificate through RTPS, 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 Bihar
How a Bihar 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 Bihar 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 Bihar
Claims are handled remotely across India, with documents collected by courier and identity verified over video. There is no need to travel to our office.
- Patna
- Gaya
- Bhagalpur
- Muzaffarpur
- Darbhanga
- Purnia
- Begusarai
Questions from Bihar
Do you have an office in Bihar?
No. Our only office is in Gurugram, and we serve Bihar remotely — documents by courier, identity verified over video, shares credited to your own demat account. We do not claim branches we do not have.
Which cities in Bihar do you cover?
All of them. Patna has its own detailed page, and the same remote process serves Gaya, Bhagalpur, Muzaffarpur, Darbhanga, Purnia, Begusarai and the smaller districts.
The heirs live in different cities. Is that a problem?
No — it is the normal Bihar file. Each heir signs where they are; only the documents travel. Mapping the full list of heirs at the start avoids discovering one halfway through.
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.