Share Recovery Agent in Ranchi
Ranchi is home to large coal and heavy-engineering undertakings, and their employees became shareholders in large numbers. Some of what we recover here is old paper; a surprising amount is perfectly modern demat holdings whose dividends simply stopped arriving.
Everything is handled remotely, with no advance professional fee.
Serving Ranchi, Jharkhand · Ranchi district from our Gurugram officeReviewed 8 October 2026
PSU payrolls — and why demat shares go to the IEPF too
Coal and heavy-engineering public-sector companies headquartered or operating in Ranchi employed tens of thousands of people, and disinvestment issues with employee reservations turned many of them into shareholders. Some of those holdings date from the paper era; many came later, already in demat form.
Families often assume demat shares cannot go missing. They can. The IEPF rule follows unclaimed dividends, not paper: if the bank account linked to a demat account was closed, or the KYC lapsed, dividends stop being paid, and after seven consecutive years the shares are transferred to the IEPF regardless of being electronic. High-dividend companies are especially exposed, because the unpaid amounts accumulate quickly.
The fix is the same either way — update the bank mandate and KYC, claim what is unpaid, and file Form IEPF-5 for anything that has already moved.
What Jharkhand families need to produce
In Jharkhand heirship certificates are issued at circle level and applied for through the JharSewa portal or a pragya kendra, after local verification of the family. 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 circle-level heirship certificate through JharSewa, 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 Ranchi
How a Ranchi 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 Ranchi 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 Ranchi
Claims are handled remotely across Jharkhand, with documents collected by courier and identity verified over video. There is no need to travel to our office.
- Hatia
- Namkum
- Kanke
- Ormanjhi
- Bundu
- Khunti
Questions from Ranchi
Do you have an office in Ranchi?
No. Our only office is in Gurugram, and we serve Ranchi remotely — documents by courier, identity verified over video, shares credited to your own demat account. We do not claim branches we do not have.
My shares were always in demat. How can they be in the IEPF?
Because the rule is about unclaimed dividends, not paper. If dividends went unpaid for seven years — a closed bank account is the usual cause — the shares move to the IEPF even from a demat account. They are claimed back on Form IEPF-5 in the ordinary way.
My father got shares as a PSU employee.
Once allotted they are ordinary shares and follow the same transmission and IEPF rules. Allotment letters and service records are useful evidence that 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.