Karvy Computershare Is Now KFin Technologies: What It Means for Your Old Shares

Karvy Computershare is now KFin Technologies Limited, known as KFintech. Karvy Computershare Private Limited was merged into Karvy Fintech Private Limited with effect from 17 November 2018, and Karvy Fintech was renamed KFin Technologies on 5 December 2019. So if an old share certificate, dividend warrant or letter names Karvy Computershare as the registrar, the same records are kept today by KFin Technologies in Hyderabad, as long as the company still uses it.

The new name did not change your shares. The certificate was issued by the company, and the folio number is the company’s record of you, so neither was cancelled when Karvy became KFin. What matters is what happened to the shares in the years since. Bonus shares and splits may have multiplied them. The company may have changed its name, or its registrar. And if dividends went unclaimed for seven years in a row, the shares may already have moved to the IEPF, the government fund that holds unclaimed shares.

Found Karvy’s name on an old certificate or letter? Send us the company name and folio number through Find Your Shares, and we will check where the shares stand, free →

What is the new name of Karvy Computershare?

KFin Technologies Limited, known as KFintech. The registry business never closed. Between 2017 and 2022 it changed owners, changed its name twice, and became a listed company:

When Computershare bought in, in 2004, it described Karvy as India’s leading share and mutual fund registry, looking after more than 1.6 crore investor accounts for clients including the Reliance group and Infosys. Today KFin is registered with SEBI as a registrar and share transfer agent, registration number INR000000221, and keeps the share records of hundreds of listed companies.

Like Karvy before it, KFin is based in Hyderabad. Share recovery in Hyderabad.

Is Karvy still operational?

The Karvy registry is, under the name KFin Technologies. Karvy Stock Broking is not. Karvy was a Hyderabad group of companies founded by C. Parthasarathy, and different Karvy companies appear on different papers. Find the name on yours:

Letters, dividend warrants and the back of old certificates can carry any of the first three names. All three lead to KFin Technologies.

What was the Karvy scandal, and did it touch your shares?

It was a fraud at Karvy Stock Broking, the group’s broking company. It involved shares in its clients’ demat accounts, not the share registers kept by Karvy Computershare.

In November 2019, the National Stock Exchange reported that Karvy Stock Broking had been using the powers of attorney its clients signed, when they opened demat accounts, to pledge the clients’ shares with banks and finance companies, and was moving the money to other group companies. SEBI’s final order counts client shares worth ₹2,873 crore pledged this way. What followed:

• 22 November 2019: SEBI stops Karvy Stock Broking from taking new clients, and tells the depositories to ignore its instructions under clients’ powers of attorney.
• 23 November 2020: NSE declares it a defaulter and cancels its membership.
• 28 April 2023: SEBI bars Karvy Stock Broking and C. Parthasarathy from the securities market for seven years.

The registry was already under different control. General Atlantic had owned most of it since November 2018. On 23 November 2019, the day after SEBI’s first order, C. Parthasarathy left its board, and on 5 December 2019 it dropped the Karvy name and became KFin Technologies.

If your shares are on paper, they were never in a Karvy Stock Broking demat account, so this case did not reach them. Paper shares are recorded in the company’s register of members, in the holder’s name. The real risks to old paper shares are quieter: a lost certificate, an out-of-date address, and dividends nobody cashed.

I had a demat account with Karvy. Where are my shares now?

Unless you moved the account yourself, it went to IIFL Securities, now called IIFL Capital Services, in 2021. After Karvy Stock Broking failed, the stock exchanges and depositories ran a bidding process for its accounts, and IIFL took over about 11 lakh Karvy demat accounts. To trace the shares:

• Ask IIFL Capital Services, quoting the DP ID and client ID printed on your old Karvy demat statements.
• Check your consolidated account statement (CAS). The depositories, NSDL and CDSL, email it to the address on your demat account, and it lists every demat account under your PAN.
• If the account went quiet for years, check the IEPF as well. Demat shares move to the IEPF just as paper ones do when dividends go unclaimed for seven years, for example because the bank account linked to the demat account was closed.

If Karvy Stock Broking owed you money or shares when it failed, that was a claim against a defaulted broker, handled by the stock exchanges. It is a separate process from anything on this page.

Is a share certificate or letter with Karvy’s name still valid?

Yes. The certificate was issued by the company, and the folio number is the company’s record of you, so the registrar’s change of name did not cancel either one. Nothing needs to be re-issued because Karvy became KFin. What can make an old certificate out of date is what has happened to the shares since:

• They moved to the IEPF. Then they are no longer on the folio, and no demat request can bring them back. The way back is a claim on Form IEPF-5.
• The company merged, demerged or changed its name. The shares may now be in a different company, or spread across several, each with its own folio.
• Bonus shares and splits were added. The folio then holds more shares than the certificate shows. Reliance was a Karvy client when Computershare bought in, and KFin is its registrar today. A Reliance certificate for 100 shares from 2005 is 800 Reliance shares today, about ₹9.46 lakh at the 29 September 2026 price of ₹1,182.00, and the same folio also received shares in four other companies in the 2006 demerger.
• The company changed its registrar. The records then moved to the new registrar, and KFin can no longer act on that folio.

Keep every old paper that carries Karvy’s name. Dividend warrants and letters show the folio number and the address the registrar had, and both help trace the shares. Not sure what yours adds up to today? Ask us through Find Your Shares.

Is KFin still the registrar for your company?

Often, but check before you write, because companies do change registrars. In March 2016, SEBI told the client companies of another registrar, Sharepro Services, to move their share records. Mafatlal Industries moved to Karvy then, so one Mafatlal folio can have letters from three registrar names: Sharepro, Karvy and KFin. Moves still happen: DCM Shriram moved its records to KFin in 2026.

To find a company’s registrar today:

• Open the company’s website, go to Investors, and look for “Registrar and Share Transfer Agent” or “Shareholder information”. Almost every listed company names its registrar there.
• Look at the company’s latest AGM or dividend notice. It names the registrar.
• If the company was renamed or merged, search under today’s name, not the name on the certificate.

Which companies’ shares does KFin Technologies handle?

Hundreds of listed companies, including many of the old names we are asked about most. For each company below, KFin was the registrar when we wrote our guide. Each guide works out how many shares an old certificate is worth today, and how to demat or claim them.

Not on the list? KFin looks after many more companies than we have guides for. Send us the company name through Find Your Shares and we will check who holds the records today.

What does KFin need before it will act on an old folio?

Your PAN and complete KYC details, sent on Form ISR-1. Under SEBI’s rules for registrars, a paper folio without PAN, contact details, bank account details and a specimen signature on record can raise a request or a complaint only once those details are supplied. Any dividend on such a folio is paid only electronically, after the details are in. Since June 2024, a missing nomination no longer holds anything up.

The forms, in plain words:

• ISR-1 updates your PAN, address, mobile number, email and bank account.
• ISR-2 is your bank confirming your signature. You need it when your signature today does not match the one on record, which is common after 20 or 30 years.
• SH-13 or ISR-3 records a nomination, or your choice not to make one.
• ISR-4 is the request form for duplicate shares, transmission and other changes to a paper folio.

Do this before you go to a broker. A demat request made through your broker or bank is sent on to KFin, which checks it against the folio. If the signature, the name or the KYC does not match, it comes back, often weeks later, and you start again. Fix the folio first and demat last. Our guides explain what converting to demat really costs and how to fix a signature mismatch.

What should you do with an old Karvy-era share certificate?

Find out where the shares are now, bring the folio’s KYC up to date with today’s registrar, and only then demat or claim them. In order:

1. Read the paper. Note the company name, the folio number, the number of shares, the face value, the date and every holder’s name.
2. Find the company’s name and registrar today. If it merged or was renamed, you deal with today’s company.
3. Check the IEPF. Search the folio number on the company’s IEPF page, or the holder’s name on the IEPF Authority’s website. How to search by folio number.
4. Work out the true holding. Add every bonus, split, merger and demerger since the certificate was printed. Our company guides above do this for you.
5. Update KYC with the registrar on Form ISR-1, with ISR-2 if the signature has changed.
6. Open a demat account in exactly the name printed on the certificate.
7. Take the route that fits, from the table below.

Two recent SEBI changes make these routes quicker. Since 2 April 2026, duplicate shares go straight into your demat account, with no Letter of Confirmation to wait for, so open the demat account before you apply. And since 22 August 2026, simpler papers apply to the transmission of physical holdings worth up to ₹10 lakh per company, counted at today’s value.

What if the shares have already moved to the IEPF?

Then you claim them back from the IEPF Authority with Form IEPF-5, and KFin’s part is the company’s paperwork. Shares move to the IEPF when dividends go unpaid for seven years in a row. Any bonus shares or splits that come later follow them into the fund, so the claim covers those too. In order:

1. Open a demat account in the name on the shares, or in the heir’s name if the holder has died.
2. Ask the company’s registrar, KFin, for an entitlement letter. Since the October 2025 rule change, Form IEPF-5 cannot be filed without it.
3. File Form IEPF-5 on the Ministry of Corporate Affairs website.
4. Send the signed form and documents to the company’s nodal officer, including an indemnity bond.
5. The company verifies the claim and reports to the IEPF Authority, which credits the shares to your demat account.

On paper this is quick. The company has 15 days to send its verification report, and the IEPF Authority has 60 days from a complete report to decide. In practice most of the time goes on waiting, and on going back for missing or mismatched papers. How our IEPF claim service works. Claiming from abroad? How NRIs claim shares from the IEPF.

Why not write to KFin yourself, or hand it to a local agent?

Because KFin answers the request you send, for the folio you name, and an old holding is almost always bigger than one folio.

KFin is the company’s registrar, not your adviser. It checks what you send against its records, then processes it or sends it back. It is not its job to point out that the same certificate also created shares in a demerged company, on a folio in that company’s books, or that a second folio in your parent’s name has moved to the IEPF. A local lawyer or agent usually works from what the family remembers and files for that, and months later the family is back in the queue for the rest.

We work the other way round. We trace the complete holding first: every folio, every bonus, every merger and demerger, every IEPF transfer. Then a vetted local partner handles the paperwork where you live, such as affidavits, attestation and succession papers, on the full holding, the first time.

There is also the question of who gets 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.

If the shares are in the IEPF, the claim is decided in Delhi, where the IEPF Authority sits. Our team is in Delhi and follows files up in person. Share recovery in Delhi.

A KYC form, an affidavit or a certificate is only one step. After it come the demat credit, a transmission if the holder has died, and an IEPF claim for anything that has moved. Anyone can send a form to a registrar. We get you the shares. See how our physical shares to demat service works.

Found Karvy’s name on an old certificate, letter or dividend warrant? Start with Find Your Shares →

Frequently Asked Questions

What is the new name of Karvy Computershare Private Limited?
KFin Technologies Limited, known as KFintech. Karvy Computershare was merged into Karvy Fintech Private Limited with effect from 17 November 2018, and Karvy Fintech was renamed KFin Technologies on 5 December 2019. It became a public company, KFin Technologies Limited, on 24 February 2022.

Is Karvy Computershare the same as KFintech?
Yes. KFintech is the short name of KFin Technologies Limited, which took over Karvy Computershare’s registry business in 2018. The share records are the same; the name and the owners changed.

Is Karvy still operational?
The registry business is, as KFin Technologies. Karvy Stock Broking is not: NSE declared it a defaulter on 23 November 2020, and in April 2023 SEBI barred it and its promoter from the securities market for seven years.

What was the Karvy scandal?
In 2019, Karvy Stock Broking was found to have used its clients’ powers of attorney to pledge their shares with banks and finance companies, and to move the money to group companies. SEBI’s final order counts client shares worth ₹2,873 crore pledged this way. The case was against the broking company, not the registry.

Are shares handled by Karvy Computershare safe?
Paper shares recorded by Karvy Computershare sit in the company’s register of members, in the holder’s name, and were outside the Karvy Stock Broking case. The real risks are a lost certificate, an old address, and unclaimed dividends, which can move the shares to the IEPF after seven years.

What is Karvy company?
Karvy was a Hyderabad group of financial companies founded by C. Parthasarathy. Its share and mutual fund registry became Karvy Computershare and is now KFin Technologies. Its broking and demat business, Karvy Stock Broking, failed in 2019 and 2020.

My share certificate mentions Karvy Computershare. Is it still valid?
Yes. The certificate was issued by the company and the folio number is the company’s record, so the registrar’s change of name did not cancel them. Before you apply to demat, check whether the shares have moved to the IEPF, and whether the company has merged or changed its registrar.

How do I contact Karvy Computershare now?
Through KFin Technologies, which took over Karvy Computershare’s work. Its investor services website lists its offices, and the investor page of the company whose shares you hold names its registrar and how to reach it.

Who is the registrar for my shares now?
The company’s investor page names its current registrar and share transfer agent, and so do its AGM and dividend notices. Companies can change registrars, and when they do, the share records move to the new one.

I had a demat account with Karvy Stock Broking. Where are my shares?
Unless you moved it yourself, the account went to IIFL Securities, now IIFL Capital Services, in 2021, when about 11 lakh Karvy demat accounts were taken over through a bidding process run by the exchanges and depositories. Your consolidated account statement from NSDL or CDSL lists every demat account under your PAN.

What is Karvy Computershare’s share price?
Karvy Computershare was a private company and was never listed. Its successor, KFin Technologies, has been listed since 29 December 2022, under the NSE symbol KFINTECH.

Is Karvy Computershare the same as Computershare in the US, UK or Australia?
No. Computershare, an Australian company, owned half of Karvy Computershare from 2004 and sold its stake when General Atlantic bought in, in 2017 and 2018. Its registries in other countries are separate businesses. Indian company shares once handled by Karvy are with KFin Technologies, unless the company has since changed registrar.

My Karvy paper is a mutual fund statement. Is that the same thing?
Same registrar, different product. Karvy also kept records for many mutual funds, and those records are now with KFin Technologies. Mutual fund units do not go to the IEPF; for those, contact the fund house or KFin.

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