Incredible! Till Date,

We Have Successfully Recovered Approximately 100 Crores from IEPF.

Accidentally! The Journey began at home.

There were shares in my uncle's name—my father's elder brother. He has been an NRI for 50 years and bought some shares in the early 80s. Back then, people invested both as resident individuals and as NRIs. Share allocations were based on applications, and there was no concept of PAN or Aadhar. At that time, the allotment process took 3 to 6 months, and everything was in physical form.

There was a time when my uncle shifted from one country to another. By the time the company couriered the shares, my uncle had already relocated.

Over time, he forgot about it. He assumed he only had one application as a resident individual because that address remained unchanged. He never received the other one, even though the holding existed.

We sold the 1,000 shares registered under the residential name and believed we had completed the transaction.

However, while going through the paperwork, we discovered a strip of 1/6th of A4-sized paper, a separate file for similar shares in the same company. When we approached the company, they said yes and acknowledged that you have these shares. We started doing the work. It took as long as one year. We retrieved close to 53 lacs.

That was our stepping stone. We retrieved a significant amount for him then, as he also had shares in other companies.

From Helping Relatives to Revolutionizing the Market

Next, we helped other relatives, then family and friends. We realized many of my relatives also had a similar problem. Realizing the widespread need, we decided this could be a viable business idea, addressing a common problem for many people.