Share Recovery Agent in Nagpur
Nagpur sits at the centre of a region whose share certificates have had an unusually long time to go quiet. We help families across the city and Vidarbha recover old holdings, restart stopped dividends and claim shares from the IEPF.
The process is handled remotely, with documents by courier and verification over video. There is no advance professional fee.
Serving Nagpur, Maharashtra · Nagpur district from our Gurugram officeReviewed 25 September 2026
Government service, public sector payrolls and old trading money
Nagpur’s investing history has two sources. The first is the salaried public sector and government workforce concentrated here — a stable, long-tenure population that subscribed to public issues through the 1980s and 1990s and held the certificates rather than trading them. The second is the older trading economy of the Vidarbha region, built on cotton, oranges and manganese, whose business families put surplus into equity in the same period.
Both groups have a characteristic problem. Certificates were kept safely, often too safely, in bank lockers and steel almirahs, and the fact of their existence was not always shared. When the holder died, the family knew there were "some shares" without knowing which companies or how many.
Distance compounds it. The registrars that hold these folios operate from Mumbai, Hyderabad and Chennai, and correspondence that fails once tends not to be chased from central India. Dividends stop, seven years pass, and the shares move to the IEPF without anyone in the family noticing.
What Maharashtra families need to produce
In Maharashtra the legal heir certificate (varas praman patra) is issued by the Tahsildar of the taluka, applied for through a Setu or Aaple Sarkar centre, after the Talathi verifies the family details. Mumbai is the exception worth knowing about: residents of the city can also obtain an heirship certificate from the Bombay City Civil Court, which registrars accept and which is sometimes faster than a succession certificate.
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 heirship certificate or a succession certificate, only above SEBI’s limits and where there is no will
- A demat account in the claimant’s name, with a Client Master List under two months old
What we handle for clients in Nagpur
How a Nagpur 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 Nagpur 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 Nagpur
Claims are handled remotely across Maharashtra, with documents collected by courier and identity verified over video. There is no need to travel to our office.
- Dharampeth
- Sadar
- Sitabuldi
- Civil Lines
- Butibori
- Kamptee
- Wardha
Questions from Nagpur
Do you have an office in Nagpur?
No. We work from Gurugram and serve Nagpur remotely. We do not claim branches we do not have.
We know there were shares but not which companies.
That is a search problem before it is a claim problem, and it is solvable. Dividend credits in old bank statements name the paying companies, the deceased’s tax records list dividend income by deductor, and the IEPF database can be searched by name. We run those searches free of charge.
The certificates are in a bank locker in the deceased’s sole name.
The locker is released on its own track — to the nominee, or to the heirs against the bank’s requirements — and that has to happen before the certificates can be used. It is worth starting both processes at once rather than in sequence.
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 the 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 are credited to your demat account, and government or third-party costs — stamp duty, notary, court fees, newspaper notices — are paid by you at actuals.