Published Mar 31th, 2025
IEPF 2025: Which Companies Have the Highest Unclaimed Shares and Dividends?

Over the past two years, the matter of unclaimed dividends and shares has been prominently in the Indian financial market. With the year 2025 on the horizon, the Investor Education and Protection Fund (IEPF) continues to be at the forefront of protecting the unclaimed assets. In this blog article, we are going to discuss the top companies with the most unclaimed shares and dividends, with a specific emphasis on the scenario in Pune and the asset recovery facility.
Understanding IEPF and Unclaimed Assets
The Investor Education and Protection Fund (IEPF) is a government scheme that is aimed at safeguarding the interest of investors. Dividends or shares, if they lie unclaimed for seven continuous years, are then shifted to the IEPF. This serves the purpose that such funds dont get accumulated with companies in perpetuity and can be claimed by rightful holders or their heirs in case the original owners can not.
Top Companies with Unclaimed Shares and Dividends
- Until 2025, Indias large companies have enormous unclaimed shares and dividends in the Investor Education and Protection Fund (IEPF). While the actual numbers keep fluctuating, here is the list of some of the large companies having enormous unclaimed assets:
- 1. Reliance Industries Limited: As the largest market-capitalization company in India, Reliance Industries probably has a lot of unclaimed shares and dividends.altiusinvestech.com.
- 2. Tata Consultancy Services (TCS): As part of the largest IT firm based in India, TCS was likely to end up with massive numbers of outstanding assets.illegalcubanos.info.
- 3. HDFC Bank: Being the largest private sector bank in India, HDFC Bank has several shareholders, and that can lead to several unclaimed shares and dividends.altiusinvestech.com.
- 4. Infosys: The industry giant revises its list of unpaid dividends periodically with significant sums getting credited to the IEPF every year.www.bseindia.com
- 5. ITC Limited: It is well known for its diversified business portfolio and has a large shareholder base and hence is likely to have huge unclaimed assets.altiusinvestech.com.
- 6. Hindustan Unilever Limited (HUL): Being a widely held consumer goods company, HUL will most likely have unclaimed shares and significant unclaimed dividends.
- 7.State Bank of India (SBI): As Indias largest public sector bank, SBI has numerous shareholders, and this could translate into numerous unclaimed assets.
- 8. Bharti Airtel: As one of the large telecom players in India, Bharti Airtel has a vast retail investor base, which can result in unclaimed shares and dividends.altiusinvestech.com
- 9. ICICI Bank: As one of the big private sector banks with numerous shareholders, and therefore necessarily resulting in significant unclaimed assets.altiusinvestech.com.
- 10.Larsen & Toubro (L&T): Being a giant conglomerate with interests in engineering, construction, and technology, L&T boasts the widest investor base that can result in some shares and dividends going unpaid.
- The magnitude of the unclaimed assets is huge. The latest estimates are:
- 1. The government has between Rs 30,000 crore and Rs 40,000 crore of unclaimed shares.
- 2. The IEPF owned shares worth slightly more than Rs 13,700 crore of the 10 most valued companies of India as of June 2022.
- 3. Approximately 1.5 million shareholders had shares in the custody of the IEPF as per a recent estimate.
The Scale of Unclaimed Assets
- For Pune residents with non-claimed shares and dividends, there are some services and experts that can assist in the recovery process:
- Local financial service businesses in Pune offer expertise to aid investors to get back their unclaimed resources. These professionals have a perfect idea about IEPF claim process and how they can provide the assistance required.
- The recovery of shares from IEPF involves various steps:
- 1. Obtaining and completing the IEPF-5 form
- 2. Submitting the form online
- 3. Submission of required documents
- 4. Company Nodal Officer verification
- 5. Processing by IEPF Authority
IEPF Claim & Shares Recovery in Pune
Unclaimed Shares Recovery Services Pune
Recovery of Shares from IEPF Pune
Dividend Recovery from IEPF in Pune
- Similar to share recovery, recovery of dividends also requires adequate documentation and adherence to the IEPFs prescribed procedure. Pune experts can assist in ensuring all the requirements are met for successful claim.
Lost Investment Recovery Experts Pune
- For individuals who have lost sight of their investments, Pune has professional services offering:
IEPF Refund Assistance in Pune
- The refund process from IEPF can indeed be complex and time-consuming. Local experts in Pune, such as ClearClaim, provide comprehensive services to assist with IEPF refunds:
IEPF Claim Process Experts in Pune
- These experts specialize in:
Legal Heir Share Recovery Pune
- In cases where the original shareholder has passed away, legal heir recovery services in Pune offer:
Practical Advice for Investors in Pune
- 1. Periodic Portfolio Review: Periodically review your investment portfolio so that shares do not lie idle.
- 2. Update Contact Information: Make sure your contact information is current with all the companies you have invested in.
- 3. Maintain Records: Keep complete records of all your investments, including physical share certificates and dividend warrants.
- 4. Educate Family Members: Educate your family members regarding your investments so that they dont go unclaimed in case of unexpected situations.
- 5. Take Professional Assistance: If you are confused regarding the status of your investments or require help in recovery, take the assistance of IEPF claim process professionals in Pune.
- The issue of unclaimed shares and dividends remains significant in India’s financial sector. As we approach 2025, it’s crucial for investors, especially those in Pune, to be aware of their unclaimed assets and the recovery processes available. By utilizing the services of local experts and following the proper procedures, investors can reclaim their rightful assets from the IEPF, ensuring that their investments don’t remain forgotten or unused.
- Remember, recovering unclaimed shares and dividends is not just about reclaiming lost assets; it’s about securing your financial future and ensuring that your hard-earned investments work for you and your family. Stay informed, stay proactive, and don’t hesitate to seek expert assistance in Pune for all your IEPF-related needs.