Share Recovery Agent in Odisha
Odisha’s steel, mining and port economy put shares into tens of thousands of employee households, and a generation later many of those folios have gone silent. We recover them across the state.
Claims are handled remotely and nothing is charged before recovery.
Serving Odisha from our Gurugram officeReviewed 8 October 2026
Steel towns, mining payrolls and a closed exchange
The steel plant at Rourkela, the mining and metals undertakings and the port at Paradip employed large, long-tenure workforces. Employee reservations in disinvestment issues and long-service holdings turned many of them into shareholders, almost always against a township address.
Bhubaneswar also had its own stock exchange until SEBI granted it exit in February 2015, so some Odisha holdings are in companies that were only ever listed locally.
The commonest Odisha file is a retired employee, or his heirs, with a folio still addressed to company quarters he left years ago.
What Odisha families need to produce
In Odisha the legal heir certificate is issued by the Tahasildar, applied for online through the state’s e-District services or at a common service centre, after the Revenue Inspector verifies the family.
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 Tahasildar’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 Odisha
How a Odisha 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 Odisha 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 Odisha
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.
- Bhubaneswar
- Cuttack
- Rourkela
- Sambalpur
- Berhampur
- Balasore
- Paradip
Questions from Odisha
Do you have an office in Odisha?
No. Our only office is in Gurugram, and we serve Odisha 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 parts of Odisha do you cover?
The whole state. Bhubaneswar has its own page, and the same remote process serves Cuttack, Rourkela, Sambalpur, Berhampur, Balasore and the districts around them.
My father worked at the Rourkela steel plant.
Then the folio very likely carries a township address. Form ISR-1 updates it, and where he has died the transmission is filed together with the address correction. Allotment letters and service records help prove the folio is his.
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.