Share Recovery Agent in Karnataka
Karnataka combines two very different kinds of dormant shareholding: the old coastal banking families whose certificates are in institutions since merged away, and the Bengaluru professional class whose folios were left behind by a move. We recover both.
Claims are handled remotely and there is no advance professional fee.
Serving Karnataka from our Gurugram officeReviewed 25 September 2026
Coastal banks, Bengaluru payrolls and everything between
Dakshina Kannada and Udupi are where several Indian banks were founded, and local families held their shares in physical form across generations. When the public sector bank amalgamations redrew the map, those shareholders received shares in the surviving institutions — but a certificate still bearing the old name leads many families to assume the holding is gone. It is not, and it is traceable.
Bengaluru produced the opposite pattern. A highly mobile professional population bought into public issues and employee plans, then changed address repeatedly — within the city, to other states, and abroad. The folio kept whichever address it had when it was opened, and the dividends went there.
Between the two sits the older industrial belt around Mysuru, Hubballi and Belagavi: settled, salaried shareholders whose holdings were modest, long-held, and frequently unknown to the next generation until someone opens a cupboard.
What Karnataka families need to produce
In Karnataka the legal heir certificate is issued by the Tahsildar and applied for through Nadakacheri or the Seva Sindhu portal, with the Village Accountant verifying the family details locally.
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
- A demat account in the claimant’s name, with a Client Master List under two months old
What we handle for clients in Karnataka
How a Karnataka 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 Karnataka 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 Karnataka
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.
- Bengaluru
- Mysuru
- Mangaluru
- Hubballi
- Belagavi
- Davanagere
- Udupi
- Shivamogga
Questions from Karnataka
Do you have an office in Karnataka?
No. Our office is in Gurugram and we serve Karnataka remotely, by courier and video verification. We do not claim branches we do not have.
The certificate names a bank that no longer exists.
On an amalgamation, shareholders of the merging bank receive shares in the surviving bank at the notified exchange ratio. The old certificate is your evidence; the claim goes to the surviving institution’s registrar.
Which parts of Karnataka do you cover?
The whole state. We have detailed pages for Bengaluru localities, Mysuru and Mangaluru, and the same remote process serves Hubballi, Belagavi, Davanagere, Shivamogga and the districts around them.
Could I do this myself?
Yes. 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 are paid by you at actuals.