Share Recovery Agent in Mangaluru
Coastal Karnataka produced several of India’s banks, and local families held their shares for generations. Many of those banks no longer exist under the name printed on the certificate — which makes these holdings look lost when they are not.
We trace and recover them, along with ordinary dormant folios and IEPF holdings. The work is remote and there is no advance professional fee.
Serving Mangaluru, Karnataka · Dakshina Kannada district from our Gurugram officeReviewed 25 September 2026
Certificates in banks that no longer carry that name
Dakshina Kannada and Udupi are the cradle of Indian banking in a way no other district is. Several banks were founded here, and local families — often connected to the founders, the staff or the depositor base — held their shares as a matter of course, across generations, in physical form.
The wave of public sector bank amalgamations then changed the names on the map. Banks that had existed for a century were merged into larger institutions, and shareholders received shares in the surviving bank according to a fixed exchange ratio. A family holding a certificate in the original bank very often assumes the shares died with the name. They did not: the entitlement converted, and it is traceable through the registrar of the surviving institution.
The same coastline also sends a large workforce to the Gulf, so it is common for the heirs to a Mangaluru folio to be non-resident — which affects attestation and the type of demat account, not the right to claim.
What Karnataka families need to produce
In Karnataka the legal heir certificate (vamshavruksha or survivorship certificate, depending on what is sought) is issued by the Tahsildar and applied for through Nadakacheri or the Seva Sindhu portal, with the Village Accountant verifying the family details.
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.
- The original certificate in the pre-merger name, which is evidence rather than an obstacle
- 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 demat account in the claimant’s name — an NRO account where the claimant is non-resident
What we handle for clients in Mangaluru
How a Mangaluru 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 Mangaluru 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 Mangaluru
Claims are handled remotely across Karnataka, with documents collected by courier and identity verified over video. There is no need to travel to our office.
- Udupi
- Manipal
- Puttur
- Karkala
- Kasaragod
- Bantwal
Questions from Mangaluru
Do you have an office in Mangaluru?
No. We work from Gurugram and serve Mangaluru remotely. We do not claim branches we do not have.
My certificate is in a bank that was merged away. Is it worthless?
No. On an amalgamation, shareholders of the merging bank receive shares in the surviving bank at the notified exchange ratio. Your certificate is evidence of the original holding; the claim is made against the surviving institution’s registrar.
How do I find out what the holding is worth now?
It depends on the exchange ratio applied at the merger and on any bonus issues or splits since. Working that out is part of the free assessment — we would rather tell you the number before you decide to proceed.
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.