How to Convert Old Caplin Point Share Certificates to Demat and Recover Them from IEPF

To convert an old Caplin Point share certificate to demat, open a demat account in exactly the name printed on it, update your KYC with the company’s registrar, Integrated Registry Management Services in Chennai, and hand the certificate in through your broker or bank with a Demat Request Form. One thing comes first: if the certificate says ₹10 a share, it was replaced in October 2016, and the registrar has to tell you where the replacement shares are. If the shares have already moved to the IEPF, you claim them back with Form IEPF-5.

Caplin Point has never issued bonus shares. It has split its shares once, in October 2016, when every ₹10 share became five ₹2 shares. So 100 shares on an old ₹10 certificate are 500 shares today, about ₹13.58 lakh at the 30 September 2026 price of ₹2,716.40. A family that reads “100 shares” expects about ₹2.72 lakh.

For 2025–26 Caplin Point paid ₹8 a share in dividends. When a folio does not cash any dividend for seven years in a row, its shares move to the IEPF. Check what your family holds with Find Your Shares →

How many Caplin Point shares does an old certificate represent today?

It depends only on the face value printed on the certificate. A ₹10 certificate is five times the number printed on it. A ₹2 certificate is exactly the number printed on it. The face value is written on the certificate itself, usually as “equity shares of Rs. 10/- each” or “Rs. 2/- each”.

The multiplier comes from one share split and nothing else. Caplin Point has never issued bonus shares, never merged with another listed company and never split off a business into a new company. So the year on a ₹10 certificate does not matter. A certificate from the 1994 public issue and one from 2015 both multiply by five.

The registrar’s figure for the folio is the final one. Ask for it before you file anything.

Has Caplin Point issued bonus shares or split its shares? Its full history

Caplin Point has never issued bonus shares. It has split its shares once: from ₹10 to ₹2 in October 2016. Here is every event that changed, or might seem to have changed, the number of shares an old holder owns, from the company’s own records and its exchange filings:

There is no bonus issue anywhere in this history. Some websites show a long list of bonus issues for Caplin Point in the late 1990s. Those entries are wrong. The company’s share count stayed the same until the 2016 split: 1,51,10,000 shares of ₹10 became 7,55,50,000 shares of ₹2, exactly five times.

What are old Caplin Point shares worth today?

Every 100 shares on a ₹10 certificate are 500 shares today, worth about ₹13.58 lakh. These figures use the 30 September 2026 price of ₹2,716.40 a share. Share prices move every day, so treat them as a guide.

The dividend column uses the ₹8 a share paid for 2025–26: a ₹4 interim dividend and a ₹4 final dividend.

A family example

Say a father in Chennai bought 100 Caplin Point shares in 1995, soon after the company listed. A few years later the share was trading for a few rupees, and the certificate went into a cupboard. The family moved house. In 2016 the company sent a new certificate for 500 shares of ₹2 to the old address. Nobody received it, nobody cashed a dividend for seven years, and the shares moved to the IEPF.

Today those 500 shares are worth about ₹13.58 lakh. The family found the 1995 certificate and read “100 shares”, which at today’s price looks like about ₹2.72 lakh. The folio really holds five times that. And at about ₹13.58 lakh it is above ₹10 lakh, which changes the papers needed for a lost certificate or a transmission (see below).

Is an old ₹10 Caplin Point share certificate still valid?

The certificate itself was cancelled in October 2016, but the shares behind it are still yours. When the split took effect, every ₹10 certificate stopped being a live document. The company did not ask holders to send the old ones back. It posted new ₹2 certificates to the address on its register.

So the old certificate is your proof of the folio, not the thing you hand in. What matters is what happened to the new certificate. There are three possibilities:

• It arrived and is somewhere in the family papers. Look for a Caplin Point certificate that says ₹2 a share. That is the one to demat.
• It came back undelivered. This is common where the family had moved. The shares are then still on the company’s register, and the registrar can credit them to your demat account once your KYC is complete.
• The shares have moved to the IEPF. If no dividend was cashed for seven years in a row, the shares went to the IEPF and you claim them with Form IEPF-5.

Write to Integrated Registry Management Services with the folio number on the old certificate and ask which of the three applies. Do not throw the ₹10 certificate away. It carries the folio number, the holder’s name as registered and the distinctive numbers, and all three help the registrar trace the shares.

We found both old and new Caplin Point certificates. How do we count them?

Count only the ₹2 certificates. A ₹2 certificate issued in the 2016 split replaced the ₹10 one, so the two are the same shares. A family may find both in the same file:

• Only the ₹10 certificate survives: multiply by five. 100 shares are 500.
• You have the ₹2 certificates: add up the shares printed on them. Nothing else is needed.
• Never multiply the old certificate and then add the new one. That counts the same shares twice. Here it gives 1,000 shares instead of 500, and a claim for shares that do not exist will be sent back.
• Check the folio numbers. If the ₹10 and ₹2 certificates carry different folio numbers, they may be two separate holdings. The registrar can confirm.

Our Caplin Point shares were almost worthless in the 1990s. Are they worth anything now?

Yes. One Caplin Point share from the 1990s is five shares today, worth about ₹13,582. Many families stopped thinking about these shares for a good reason. In 1997, 1998 and 1999 the share traded for a few rupees on the exchange, well below its ₹10 face value. A holding of 100 shares was worth a few hundred rupees.

The company did not close. It grew into a large exporter of medicines, and the same 100 shares are now 500 shares worth about ₹13.58 lakh. Nothing had to be done to keep them: no fee, no renewal, no form. If nobody sold them, they are still there, either on the company’s register or with the IEPF.

This is why Caplin Point folios are so often forgotten. The shares lost almost all their value early, the family stopped opening the company’s letters, and the dividends that began later went uncashed.

Did a merger, subsidiary or bonus give Caplin Point holders extra shares?

No. Apart from the 2016 split, nothing has added shares to an ordinary Caplin Point folio. These are the things families ask about most:

• Caplin Steriles Limited. A subsidiary that makes injectable medicines. Caplin Point owns it. Its shares were never handed out to Caplin Point shareholders, and it is not listed on the stock exchange.
• Triwin Pharmaceuticals. The partnership firm the company took over in 1993, before it went public. Only the partners of that firm received shares.
• Bonus issues. There have been none. If a website or an agent tells you the holding grew through bonuses, ask the registrar for the folio statement before you believe it.
• Employee stock options. New shares have been issued to employees since 2017. They do not change anyone else’s count.

So an old Caplin Point holder has only one company to trace, and one event to apply.

How do you check and claim an unclaimed Caplin Point dividend?

Check the unclaimed-dividend lists on Caplin Point’s website, then claim from Integrated Registry Management Services if the dividend is less than seven years old. Any dividend that is not cashed waits in an unpaid dividend account for seven years, then moves to the IEPF.

Step 1: find out what is unclaimed

• Caplin Point’s website lists unclaimed dividends year by year, and the shares due to move to the IEPF, under Shareholder Information.
• The IEPF Authority’s search at iepfa.gov.in shows dividends and shares that have already moved. How to search the IEPF step by step.
• Search under every spelling of the holder’s name, and the joint holders’ names too.

Step 2: claim a dividend that is less than seven years old

Write to Integrated Registry Management Services (for Caplin Point Laboratories Limited) with the folio number, the dividends you did not receive, a cancelled cheque, and self-attested copies of your PAN card and an address proof. Paper folios must also send the ISR forms that update their KYC. For shares already in demat, send your client master list instead. Dividends from 2019–20 onwards can still be claimed this way. The 2018–19 dividend is crossing the seven-year line now.

Complete the folio’s KYC first. Since 1 April 2024, a paper folio is paid its dividend only electronically, and only if its KYC (PAN, bank account, contact details and signature) is complete. Without it the dividend is simply held back, and seven years of held-back dividends sends the shares to the IEPF.

Step 3: a dividend more than seven years old

It has already gone to the IEPF, and the only way to get it back is Form IEPF-5. How to recover a dividend from the IEPF.

The bigger point: an unclaimed dividend is a warning about the shares. A folio of 500 shares was owed ₹4,000 for 2025–26. If it misses its dividends for seven years in a row, the shares themselves, worth about ₹13.58 lakh, move to the IEPF too.

How do you convert old Caplin Point share certificates to demat?

Open a demat account in exactly the name on the certificate, update the folio’s KYC with Integrated Registry Management Services, then hand the ₹2 certificates in with a Demat Request Form through your broker or bank. If all you have is a ₹10 certificate, ask the registrar first where the replacement shares are.

1. Open a demat account in the same name, or the same names in the same order for a joint holding.
2. Update KYC on the folio with Form ISR-1 (PAN, bank, contact details), and Form ISR-2 if your signature has changed. How to fix a signature mismatch.
3. If you hold a ₹2 certificate: write ‘Surrendered for Dematerialisation’ on it, sign it as it was signed on the register, and hand it in with a Demat Request Form through your broker or bank.
4. If you hold only a ₹10 certificate: send the registrar a copy with the folio number and ask for the shares from the 2016 split. A broker cannot demat the ₹10 certificate as it is, because it was cancelled.
5. The registrar checks the signature, the folio and the distinctive numbers against the register, and the shares arrive in your demat account, usually within a few weeks if the papers are in order.

A new certificate that never reached you is not lost to you. The shares are on the company’s register or in its unclaimed securities suspense account, where undelivered shares are kept. The registrar can tell you which, and credits them in demat. The rules on physical shares in 2026.

Since April 2019, paper shares cannot be sold or transferred until they are in demat. There is no deadline to demat shares already registered in your own name. But the longer they stay on paper, the more likely it is that dividends go unclaimed and the shares move to the IEPF.

How do you check if your Caplin Point shares have gone to the IEPF?

If no dividend on the folio has been cashed for seven years in a row, the shares have very likely been moved to the IEPF. Caplin Point moves a new batch every year. Its June 2026 notice covers folios whose shares fall due between 1 October 2026 and 30 September 2027.

• Caplin Point’s website lists the shares due to move to the IEPF, under Shareholder Information.
• The IEPF Authority’s search at iepfa.gov.in covers shares that have already moved. Search for “Caplin Point Laboratories Limited” and the holder’s name. How to search the IEPF.
• Search every old spelling of the holder’s name, and the joint holders’ names too.
• Read the count carefully. The IEPF shows today’s ₹2 shares. A folio of 100 old shares appears as 500.

If you find nothing anywhere, the shares are probably still on the register in the holder’s name, waiting to be dematted.

How do you recover Caplin Point shares from the IEPF?

Get an entitlement letter from Integrated Registry Management Services, file Form IEPF-5 online on the Ministry of Corporate Affairs website, then send the signed papers to Caplin Point’s nodal officer or the registrar for verification. The company checks the claim and sends a verification report to the IEPF Authority, which credits the shares back to your demat account and refunds the dividends.

1. Open a demat account in the claimant’s name. For a joint folio, the same names in the same order.
2. Complete KYC with the registrar and ask for an entitlement letter. It states how many shares and how much dividend on your folio went to the IEPF. Since October 2025 the entitlement letter is a mandatory part of every IEPF-5 claim.
3. File Form IEPF-5 on the MCA portal and note the SRN, your claim number. How to file IEPF-5 online.
4. Send the physical documents to Caplin Point’s nodal officer or to the registrar: the signed IEPF-5 printout and acknowledgement, an indemnity bond on stamp paper, an advance stamped receipt, PAN, Aadhaar, a cancelled cheque, your client master list, the entitlement letter, and the original certificates if you have them.
5. Caplin Point verifies and reports to the IEPF Authority. The rules give the company 15 days for its report and the Authority 60 days to decide: 75 days on paper. Real claims usually take much longer, because papers go back and forth. What to do when an IEPF claim is stuck.

Claim the whole folio, not the number on the paper. Claim only the 100 printed on a ₹10 certificate and you leave 400 shares in the queue. The entitlement letter is based on the company’s register, so it gives the full count after the split. You can file only one IEPF claim for a company in a financial year, so the first one has to be complete.

What if the Caplin Point share certificates are lost?

If the shares are still with Caplin Point, apply to Integrated Registry Management Services for duplicate shares with Form ISR-4. If they have gone to the IEPF, you claim them with IEPF-5 instead and do not need a duplicate. When paper shares move to the IEPF, the old certificates are cancelled automatically.

For duplicates, what you need depends on what the lost shares are worth today. SEBI simplified these rules in December 2025:

• Up to ₹10,000: a simple undertaking on plain paper.
• ₹10,000 to ₹10 lakh: one standard affidavit-cum-indemnity bond.
• Above ₹10 lakh: the affidavit-cum-indemnity bond, plus a police report (FIR, e-FIR or police complaint) that mentions the folio and certificate numbers, plus a notice of the loss in a widely read newspaper.

With Caplin Point these limits are crossed quickly. ₹10,000 covers only 3 of today’s shares, and ₹10 lakh is about 368. The count that matters is the folio today, after the split. Just 74 shares on an old ₹10 certificate are already above ₹10 lakh today, so a lost certificate for them needs the police report and the newspaper notice.

Open the demat account before you apply. Since 2 April 2026 the registrar credits duplicate shares straight into demat. There is no longer a “Letter of Confirmation” to carry to your broker. SEBI expects about 30 days for a complete, correct application.

Don’t know the folio number? Old dividend warrants, bank passbooks showing Caplin Point credits, the allotment letter from the 1994 public issue, or any company correspondence can give it. The full process is in our guide to reporting a lost share certificate.

What if the name or spelling on the certificate does not match?

Fix the name on the folio first, before you demat or file an IEPF claim, using Form ISR-1 and a document that proves both spellings belong to you. The registrar, the demat account and the IEPF claim must all show the same name. One mismatch and the papers come back.

• An initial on the certificate, the full name on the PAN card: “R. Subramanian” against “Subramanian Ramaswamy”. Many Caplin Point folios were opened in Tamil Nadu, where the father’s name is often written as an initial.
• The initial before the name in one place and after it in another: “S. Lakshmi” and “Lakshmi S”.
• A woman’s maiden name or father’s initial on the certificate and her husband’s name on everything else.
• Different English spellings of the same name: “Venkatraman” and “Venkataraman”, “Sundaram” and “Sundram”.

The usual proof is a passport, a marriage certificate, a gazette notification, or a notarised affidavit that both names are the same person. Send it to Integrated Registry Management Services with Form ISR-1.

What if the Caplin Point shareholder has died?

The shares pass to the nominee or legal heirs through transmission, handled by Integrated Registry Management Services, and they are always credited in demat. If the shares have also gone to the IEPF, transmission and the IEPF claim happen together, and the heir files the IEPF-5. If one joint holder has died, the survivors only need the name deleted with a copy of the death certificate.

SEBI’s new transmission rules have applied since 22 August 2026:

• Simplified documents for physical shares worth up to ₹10 lakh per listed company, doubled from ₹5 lakh.
• Quick processing for physical holdings up to ₹10,000 where the claimant is a parent, spouse, child or parent-in-law. With Caplin Point that is at most 3 of today’s shares.
• No blanket requirement for probate, and one combined affidavit-cum-NOC in place of separate papers. You still have to prove your entitlement if other heirs dispute it.
• 21 days for the registrar to process once all documents are in.

The ₹10 lakh limit is counted on today’s value of the whole folio, not on the number printed on the certificate. With Caplin Point that is about 368 of today’s shares, or just 74 shares on an old ₹10 certificate. Above it you usually need a succession certificate or legal heir certificate, unless there is a nominee or the other heirs give no-objection. Read more in our guides to transmission of shares and transmission without a succession certificate.

Bought Caplin Point shares on paper but never got them transferred?

You can use SEBI’s special window, open until 4 February 2027, if the shares were bought before 1 April 2019 and you still have the original certificate. It is for people who bought shares from someone else, signed a transfer deed, and never became the registered holder.

• It covers transfers never lodged, and transfers lodged before but rejected or returned.
• It does not cover disputed cases, or shares already moved to the IEPF.
• The shares are credited in demat only, and they are locked in for one year from the date the transfer is registered.

If the deed is for ₹10 shares, the new ₹2 certificate from the 2016 split went to the seller, who was still the registered holder. Ask the registrar what the folio shows before you lodge the deed. The full rules of the window.

Why not just hand the certificates to a local lawyer or agent?

Because with an old Caplin Point certificate the number printed on it is the wrong number, and every document you need depends on the right one.

Take the family with the father’s 1995 certificate for 100 shares. A generalist reads “100 shares”, values them at today’s price, gets about ₹2.72 lakh, and prepares the simple papers for a holding under ₹10 lakh. But the folio really holds 500 shares, about ₹13.58 lakh, after the split. That is over the ₹10 lakh line, where a duplicate needs a police report and a newspaper notice and a transmission usually needs a succession certificate.

So the papers come back, and the family starts again months later. Some families are even told that a ₹10 certificate cancelled in 2016 means the shares are gone. They are not.

We work the other way round. We trace the complete holding first: the original shares, the split, every folio, every IEPF transfer. Then a vetted local partner handles the paperwork where you live (affidavits, police report, newspaper notice, succession papers) on the full holding, the first time.

There is also the question of who is paid for what. A lawyer or agent is paid whether or not your shares ever arrive. We are not. Zero advance — you pay only once the shares are credited to your demat account. So we only get paid if the whole chain works.

Caplin Point and its registrar are both in Chennai, where our local partners work. Share recovery in Chennai. The IEPF claim itself is decided in Delhi, where the IEPF Authority sits. Our team is in Delhi, so we can follow your file up in person, not by letter from another city. Share recovery in Delhi. For an IEPF claim, what matters is who is closest to the office that holds your file.

The document is only the start. After it come the KYC, the entitlement letter, the verification, the demat credit, and a transmission if the holder has died. Anyone can get you a piece of paper. We get you the shares. See how our IEPF claim service works.

Dates you should know about

1 October 2026 to 30 September 2027 is the period covered by Caplin Point’s latest IEPF notice. Folios that have not cashed a dividend for seven years in a row move to the IEPF in this period, and a new batch follows each year.

19 October 2016 is when the share split took effect. A ₹10 certificate is from before it and multiplies by five. A ₹2 certificate already shows today’s count.

2 February 1995 is when Caplin Point shares were listed. The oldest public certificates come from the public issue of November 1994.

4 February 2027 is when SEBI’s special window for old physical transfers closes.

Holding other old certificates too? See what happened to Abbott India shares, Cipla shares, MRF shares, TVS Motor shares, Coromandel International shares and EID Parry shares.

Not sure how many Caplin Point shares your family’s certificates add up to, or whether they have gone to the IEPF? Start with Find Your Shares →

Frequently Asked Questions

Has Caplin Point Laboratories ever issued bonus shares?
No. Caplin Point has never issued bonus shares. The only event that changed the number of shares on an old folio is the share split of October 2016.

Has Caplin Point ever split its shares?
Yes, once. Each ₹10 share became five ₹2 shares. Shareholders approved the split on 12 September 2016 and it took effect on 19 October 2016.

How many Caplin Point shares do 100 old shares become today?
100 shares on a ₹10 certificate are 500 shares today. At the 30 September 2026 price of ₹2,716.40, that is about ₹13.58 lakh. 100 shares on a ₹2 certificate are still 100 shares.

Is an old ₹10 Caplin Point share certificate still valid?
The certificate was cancelled when the shares were split in October 2016, and new ₹2 certificates were posted to the address on record. The shares still belong to the folio. Write to the registrar, Integrated Registry Management Services, with the folio number to find out whether the new shares are on the register, in the unclaimed suspense account or with the IEPF.

Our Caplin Point shares were nearly worthless in the 1990s. Are they worth anything now?
Yes. The share traded for a few rupees in 1997–99, but the company kept growing. One share from those years is five shares today, worth about ₹13,582. 100 such shares are about ₹13.58 lakh.

Do Caplin Point shareholders get shares of Caplin Steriles?
No. Caplin Steriles Limited is a subsidiary owned by Caplin Point. Its shares were never distributed to Caplin Point shareholders and it is not listed on the stock exchange.

Who is the registrar (RTA) for Caplin Point Laboratories?
Integrated Registry Management Services Private Limited, in Chennai. It handles demat requests, KYC updates, unclaimed dividends, duplicate certificates, transmission and IEPF entitlement letters for Caplin Point.

When are Caplin Point shares transferred to the IEPF?
Every year, when a dividend passes seven years unclaimed, Caplin Point moves the shares of every folio that has not cashed a dividend for seven years in a row. Its June 2026 notice covers shares falling due between 1 October 2026 and 30 September 2027.

How do I claim Caplin Point shares from the IEPF?
Open a demat account, complete KYC with Integrated Registry Management Services and get an entitlement letter. Then file Form IEPF-5 on the Ministry of Corporate Affairs website and send the signed form, an indemnity bond, an advance receipt, your ID, a cancelled cheque, your client master list and the entitlement letter to Caplin Point’s nodal officer or the registrar. The company verifies the claim and reports to the IEPF Authority, which credits the shares to your demat account.

We found a ₹10 certificate and a ₹2 certificate. Do we add them?
No. The ₹2 certificate replaced the ₹10 one in the 2016 split, so they are the same shares. Count only the ₹2 certificate. If only the ₹10 certificate survives, multiply it by five. Doing both counts the same shares twice: 1,000 instead of 500.

I have lost my Caplin Point share certificate. What do I do?
If the shares are still with the company, open a demat account, then apply to Integrated Registry Management Services for duplicate shares with Form ISR-4. Up to ₹10 lakh, about 368 Caplin Point shares at today’s price, you need a standard affidavit-cum-indemnity bond. Above that you also need a police report and a newspaper notice. Because of the split, just 74 shares on an old ₹10 certificate are already above ₹10 lakh. If the shares have gone to the IEPF, you claim them with Form IEPF-5 instead.

What if the Caplin Point shareholder has died?
The shares pass to the nominee or legal heirs by transmission through Integrated Registry Management Services, and are credited in demat. Simplified documents apply to physical shares worth up to ₹10 lakh per company, which with Caplin Point is about 368 of today’s shares. Above that, heirs usually need a succession certificate or legal heir certificate unless there is a nominee or the other heirs give no-objection.

Do I have to pay SharesRecover anything upfront?
No. Zero advance — you pay only once the shares are credited to your demat account.