Top 5 Companies in IEPF with Highest Unclaimed Shares

 

Top 5 Companies in IEPF with Highest Unclaimed Shares (2025 Updated List) – Care4Share Exclusive

Every year, thousands of investors lose track of their old shares and dividends due to company mergers, address changes, or simple oversight. Over time, these unclaimed shares get transferred to the Investor Education and Protection Fund (IEPF) after seven years of inactivity. Surprisingly, even big, reputed companies have crores worth of unclaimed shares under IEPF.

In this 2025 updated guide by Care4Share, we’ll uncover the Top 5 Companies in India with the highest unclaimed shares and explain how you can recover them easily.


1. Reliance Industries Limited (RIL)

Reliance Industries tops the list when it comes to unclaimed shares in IEPF. With millions of shareholders across decades, many investors lost track of their holdings after share splits, bonus issues, and name changes.

  • Reason for Unclaimed Shares: Multiple corporate actions and change in family ownership.

  • Care4Share Tip: Check your old share certificates of Reliance Petroleum or IPCL — they might still hold unclaimed value under RIL.


2. ITC Limited

ITC, one of India’s oldest conglomerates, also has a massive amount of unclaimed dividends and shares transferred to IEPF.

  • Reason for Unclaimed Shares: Change in postal addresses and forgotten folio numbers by long-term investors.

  • Care4Share Insight: If you or your family invested in ITC during the 1990s or early 2000s, it’s worth checking your name in the IEPF database.


3. Tata Steel Limited

Another giant in the IEPF list is Tata Steel. Many early investors from the pre-digital era still hold physical share certificates.

  • Reason for Unclaimed Shares: Transition from paper shares to demat caused data mismatches and incomplete KYC updates.

  • Care4Share Advice: If you possess old Tata group certificates, don’t discard them — they can be verified and reclaimed through the IEPF process.


4. Larsen & Toubro (L&T)

Engineering giant L&T has a large volume of unclaimed shares and dividends under IEPF.

  • Reason for Unclaimed Shares: Investors often missed corporate announcements or failed to update contact details after relocations.

  • Care4Share Tip: Even if you think your shares are lost, Care4Share can help trace them using PAN or folio details through the company’s nodal officer.


5. Hindustan Unilever Limited (HUL)

HUL, India’s FMCG leader, ranks among the top companies with unclaimed dividends and shares in the IEPF.

  • Reason for Unclaimed Shares: Long-term investors often forgot to claim small dividend amounts, leading to transfer of both dividends and shares to IEPF.

  • Care4Share Suggestion: Small dividend amounts may seem minor, but over decades they grow — making it worthwhile to reclaim your rightful wealth.


Recover Your Lost Shares with Care4Share

If you suspect your or your family’s old investments are among these companies, Care4Share can help you recover them seamlessly. From documentation to filing Form IEPF-5, our experts handle the complete process for you.

In 2025, with digital records improving and the IEPF 2.0 portal becoming faster, there has never been a better time to reclaim your forgotten wealth.

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