₹84,393 Crore Locked Away – Are Your Clients Missing Out?

🔖 By Jeevantika Innovations – Enabling India's Financial Intermediaries

Wed May 21, 2025

🏦 The Wealth India Forgot

India’s stock markets have seen massive growth. But what most people don't know is that a significant portion of this wealth has quietly slipped into dormancy.

As of June 2024, over ₹84,393 crore worth of investor wealth is lying unclaimed in the Investor Education and Protection Fund (IEPF). This includes:

✅ Shares held in physical form

✅ Shares with unclaimed dividends

✅ Holdings of deceased or unaware family members

🎯 Over 148 crore shares from 1,561 companies are now in IEPF custody.

📊 IEPF Corpus Growth (2018–2024)

Year	Shares with IEPF (crore)	Estimated Market Value (₹ Cr)
2018–19	64.8	36,780
2019–20	79.3	45,010
2020–21	91.9	52,170
2021–22	105.5	59,880
2022–23	120.9	68,620
2023–24	148.7	84,393

Data Source: IEPF Annual Reports, BSE/NSE Filings

👀 Could Your Clients Be Affected?

Ask your clients:

“Did your family ever invest in shares in the 90s or early 2000s?”
“Do you have physical share certificates lying at home?”
“Have you stopped receiving dividends from any company?”

Even one YES can open up the door to ₹5–50 lakh in recoverable wealth.

🧭 The Typical Journey of Unclaimed Shares

From forgotten physical certificates to government custody – and now, recovery through professionals like you.

🎯 Why You, The Financial Intermediary, Matter

You’re already helping clients with:

Income Tax & compliance
Mutual fund investments
Legal & estate matters

Adding Unclaimed Shares Recovery makes you:
✅ More valuable
✅ More indispensable
✅ More trusted

📈 Refund Data Speaks

Year	Claims Filed	Claims Approved	Shares Refunded
2021–22	28,647	10,472	61,21,291
2022–23	37,920	10,967	76,53,878
2023–24	55,032	16,994	1,10,42,765
2024–25	51,449	12,749	78,71,863

👉 Backlogs exist. The need for trained advisors is growing rapidly.

🚀 Your Next Step

✅ Register on Jeevantika’s Intermediary Platform
🔍 Help your clients search IEPF records
📑 Guide them in the documentation and claim process

💡 Even helping 3–5 clients/month can generate meaningful revenue.

🔗 Useful Links

🌐 Explore Jeevantika's Platform

🎓 Join Free Saturday Webinar

Jeevantika Innovations