Recover Unclaimed Shares of a Nidhi Company from IEPF – Complete 2025 Guide

 

Recover Unclaimed Shares of a Nidhi Company from IEPF – Complete 2025 Guide

If you or your family ever invested in a Nidhi Company, there is a chance that some shares or dividends may have remained unclaimed over the years. When shareholders forget to update their KYC, change their address, do not convert physical certificates, or simply lose track of old investments, their holdings may eventually get transferred to the Investor Education and Protection Fund (IEPF). This comprehensive 2025 guide explains how you can recover unclaimed shares of a Nidhi Company from IEPF step-by-step.

Why Shares of a Nidhi Company Get Transferred to IEPF?

As per the Companies Act, 2013, any dividend that remains unclaimed for seven consecutive years must be transferred to the IEPF. Along with this, the corresponding shares are also shifted to the IEPF Authority.

This is very common in Nidhi Companies because many investors still hold:

  • Physical share certificates

  • Outdated KYC

  • Old addresses with no communication

  • Inactive bank accounts

As a result, dividends fail to reach the shareholder, eventually leading to transfer of shares to IEPF.

Step-by-Step Process to Recover Unclaimed Shares of a Nidhi Company

Recovering your unclaimed shares is absolutely possible—but only if you follow the right process and submit proper documentation. Below is the 2025 complete procedure.

Step 1: Check Whether Your Shares Are with IEPF

Visit the official IEPF website and search using:

  • Shareholder name

  • Folio number

  • Company name

  • Demat account details

This gives you accurate confirmation of whether the shares of your Nidhi Company have been transferred.

Step 2: Collect All Required Documents

To recover unclaimed shares, you must prepare the following:

  • Aadhaar and PAN of claimant

  • CMR (Client Master Report) from your DP

  • Original share certificates (if available)

  • Dividend proofs (optional but helpful)

  • Bank statement showing your name

  • Mobile and email linked to Aadhaar

  • In case of a death claim: death certificate, succession proof, legal heir documents

Ensure everything is self-attested and clear.

Step 3: File the IEPF-5 Refund Form Online

Go to the IEPF Authority portal and file the Form IEPF-5 with the correct details:

  • Nidhi Company name

  • Number of shares

  • Dividend years

  • Investor identification details

Once filed, an SRN (Service Request Number) is generated—this is important for tracking.

Step 4: Send Documents to the Nidhi Company’s Nodal Officer

Print the form, attach all proofs, and send them via speed post to the Nodal Officer/RTA of the Nidhi Company. They will verify your claim and send a final report to IEPF.

Step 5: Approval & Refund by IEPF Authority

If everything matches, the IEPF Authority will:

  • Transfer the shares back to your Demat account

  • Release dividend/refund amounts to your bank account

This process can take 60–120 days, depending on accuracy of your documentation.

Final Words

Recovering unclaimed shares of a Nidhi Company from IEPF may feel challenging, but with the right steps and documentation, the process becomes smooth and predictable. The key is to stay compliant, file the IEPF-5 correctly, and ensure all documents match your records. With this 2025 complete guide, you now have a clear roadmap to recover unclaimed shares efficiently and regain full control over your investments.

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