Share Recovery Agent in Chennai
Chennai households have been holding equity for as long as any in India, and a great deal of it is now sitting in folios nobody has touched for twenty years. We recover old certificates, dormant holdings and shares taken into the IEPF.
The work is handled remotely — documents by courier, verification over video, shares credited to your own demat account — with no advance professional fee.
Serving Chennai, Tamil Nadu · Chennai district from our Gurugram officeReviewed 25 September 2026
Old industrial houses and a market that closed
Tamil Nadu’s large industrial groups — in automotive components, engineering, financial services and diversified manufacturing — raised retail money locally for decades, and Chennai investors subscribed in volume. The result is an unusually broad base of small holdings in companies that are still substantial today, which is precisely the combination that makes recovery worthwhile.
Chennai also had its own stock exchange. Companies with a regional character listed there rather than in Mumbai, and local investors bought accordingly. When SEBI’s exit policy brought the regional exchanges’ trading operations to an end, those shareholders were left holding certificates in companies with no local market. Some of those companies are listed nationally today; others merged or lapsed. Working out which is the first substantive step on such a file.
The third factor is emigration. Chennai has sent professionals to the United States, Singapore and the Gulf for two generations, and the children who inherit these folios frequently live abroad. Nothing about that prevents a claim — it changes the attestation requirements and the demat account type, not the entitlement.
What Tamil Nadu families need to produce
In Tamil Nadu the legal heir certificate is issued by the Tahsildar of the taluk and applied for through the eSevai portal or a Taluk office, with the Village Administrative Officer verifying the family details. 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 Tahsildar’s legal heir certificate or a succession certificate, only above SEBI’s limits and where there is no will
- A demat account in the claimant’s name — an NRO account where the claimant is non-resident
What we handle for clients in Chennai
How a Chennai 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 Chennai 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 Chennai
Claims are handled remotely across Tamil Nadu, with documents collected by courier and identity verified over video. There is no need to travel to our office.
- Mylapore
- T. Nagar
- Adyar
- Anna Nagar
- Velachery
- Ambattur
- Chengalpattu
Questions from Chennai
Do you have an office in Chennai?
No. Our office is in Gurugram and we serve Chennai remotely. We do not claim branches we do not have.
I live in the US and my mother’s shares are in Chennai.
That is one of the most common files we handle. Documents signed in the US need apostille, the shares are credited to an NRO demat account, and you do not need to travel. A power of attorney lets a representative in India deal with the registrar on your behalf.
The company was listed only on the Madras exchange.
The exchange closing did not extinguish your shareholding. What matters is what happened to the company — many migrated to the national exchanges, some merged, some went dormant. That is traced through registrar and MCA records before any money is spent.
Could I do this myself?
Yes, and for a single straightforward folio you probably should. The IEPF Authority’s records can be searched free and Form IEPF-5 can be filed by anyone. We charge for assembling the documentation, 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. An agreed percentage of the recovered value is charged after the shares reach your demat account, and government or third-party costs — stamp duty, notary, court fees, newspaper notices — are paid by you at actuals.