Infinysolutions

  India is experiencing a surge in initial public offerings (IPOs). In 2021, the Indian market saw year-on-year growth of 156 percent in IPO activity, as per an Ernst & Young report. This trend has carried into 2022 with the recent LIC IPO seeing record applications. The IPO boom is happening at the same time as a slew of aggressive, youthful first-time investors flood the market. But can we expect further growth or will the end result be unpleasant? Looking to the past may offer some hints. The curious case of the 90s There were 6,300 public issues between 1990-91 and 2021-22, which raised over Rs 8.4 lakh crore. However, more than two-thirds of the offerings were made in the first six years (1990-91 to 1995-96) alone. Out of these, the funds generated only accounted for only 4.8 percent of the total funds raised through such offers during the previous three decades. On the other hand, just 5.6 percent of the total issues given in the 30 years were raised in the last six years (be

Many a time it is observed that several shares in any company remain unclaimed or unpaid for a long period. The reasons could vary, however. Sometimes people are not aware of the shareholding, or they could have forgotten the shares, or even the shareholders have expired. Sometime before, the shareholding person has no clue about claiming such shares and in many cases, they would have been transferred to Investor Education and Protection Fund ( IEPF ). But before proceeding towards the process of claiming the unpaid or  unclaimed dividend and shares , we should know what IEPF is. About IEPF Considering the problems regarding the claiming of unclaimed and old shares, the Ministry of Corporate Affairs(MCA), Government of India, has introduced an authoritative body of Investor Education and Protection Fund ( IEPF ) under section 125 of Company Laws, 2013. This body has the responsibility of educating people about the refunds and administration of unclaimed dividends and helping t

  Introduction In this comprehensive guide, we will explore how to maximize the benefits of IEPF (Investor Education and Protection Fund) shares recovery to your advantage. The IEPF is an initiative by the Government of India to protect investors and ensure that unclaimed dividends and shares are returned to their rightful owners. Understanding how to leverage this opportunity effectively can greatly impact your financial standing and provide you with significant returns. What are IEPF Shares? IEPF shares refer to shares that have been transferred to the Investor Education and Protection Fund Authority due to their inactivity for a consecutive period of seven years. These shares belong to investors who have not claimed their dividends or exercised any rights associated with these shares during this period. The Government takes possession of these unclaimed shares and dividends and holds them in the IEPF account. The Importance of IEPF Shares Recovery Recovering IEPF shares is a crucial

Investing your hard-earned money can be an important step towards securing your financial future. However, it is equally important to ensure that your investments are well-protected and managed. One way to do this is by appointing a nominee for your investment accounts. In this blog, we will explore the importance of a nominee in investments. What is a nominee? A nominee is a person appointed by an investor to act on their behalf in case of their untimely demise. The nominee can be a family member, friend, or anyone the investor trusts. The  nominee  is responsible for receiving the benefits of the investment in case of the investor’s death. Importance of a nominee in investments: 1. Ease of asset transfer/ Transmission:  When an investor dies, the legal process of transferring assets to their legal heirs can be time-consuming and complicated. However, if a nominee is appointed, the process becomes much easier and faster. The nominee can receive the benefits of the investment and distr

IEPF recovery refers to the process of reclaiming unclaimed dividends, shares, and other assets by the Investor Education and Protection Fund. Step-by-Step Guide on the Recovery of Shares: 1. Contact the Registrar and Transfer Agent (RTA) of the company where you hold shares. Provide them with the necessary details such as your name, address, and demat account number. 2. In case of lost shares, file a police complaint and obtain a copy of the FIR. 3. Submit an application for the issuance of duplicate shares to the RTA. The application must include all relevant details such as the number of shares lost, the folio number, and the name of the company. 4. Attach the FIR copy and an indemnity bond with the application. The indemnity bond should be duly signed and notarized. 5. Pay the required fees for the issuance of duplicate shares. 6. Once the RTA receives your application and verifies the details, they will issue duplicate share certificates. 7. In case of unclaimed shares , check th