Share Recovery Agent in Visakhapatnam
Visakhapatnam’s unclaimed shareholding is dominated by employees of large public sector undertakings and the industries that grew around the port. We recover those folios and claim shares transferred to the IEPF.
The work runs remotely, and there is no advance professional fee.
Serving Visakhapatnam, Andhra Pradesh · Visakhapatnam district from our Gurugram officeReviewed 25 September 2026
Public sector payrolls and a port economy
Vizag was built around heavy public sector industry — steel, shipbuilding, refining and the port itself — and those employers produced shareholders at scale. Reserved employee allotments in PSU disinvestment issues, bonus entitlements and long-service holdings put share certificates into tens of thousands of households in this district.
PSU employee holdings have a distinctive failure mode. The folio was opened against a company quarters address in a township, and when the employee retired and moved back to a home district in north Andhra or into the city proper, the registrar was never told. Dividend warrants went to an address inside a plant colony that no longer had anyone of that name.
The port also created a merchant and trading class that invested through the same decades, generally in national blue chips bought on brokers’ advice, and those certificates share the same fate when the holder dies without the family knowing what exists.
What Andhra Pradesh families need to produce
In Andhra Pradesh the legal heir certificate is issued by the Tahsildar and applied for through MeeSeva, with the Village Revenue Officer verifying the heirs locally. 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 Tahsildar’s legal heir certificate through MeeSeva, or a succession certificate, only above SEBI’s limits
- Any employee allotment letter or service reference that ties the folio to the employee
What we handle for clients in Visakhapatnam
How a Visakhapatnam 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 Visakhapatnam 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 Visakhapatnam
Claims are handled remotely across Andhra Pradesh, with documents collected by courier and identity verified over video. There is no need to travel to our office.
- Gajuwaka
- Madhurawada
- MVP Colony
- Anakapalle
- Vizianagaram
- Srikakulam
Questions from Visakhapatnam
Do you have an office in Visakhapatnam?
No. We work from Gurugram and serve Vizag remotely. We do not claim branches we do not have.
The folio has my father’s old plant quarters address.
Extremely common here and not an obstacle. Form ISR-1 updates the address against current KYC. Where the holder has died, the address update and the transmission are handled together rather than one after the other.
Do employee shares follow different rules?
Once allotted they are ordinary shares and follow the same transmission and IEPF rules as any other. What differs is the evidence available to you — allotment letters and service records that help tie an old folio to the person named on it.
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.