Unclaimed Shares of JSW Steel Ltd.

JSW Steel Limited, established in 1982, has transformed from a domestic player into a global force within the steel industry. Led by the visionary Sajjan Jindal, the company has become a diversified giant, spanning production of hot-rolled coils, coated products, and more. Its reach extends beyond steel, impacting core sectors like automotive, infrastructure, and manufacturing.

JSW Steel’s commitment to innovation is evident in its continuous adoption of cutting-edge technologies. This, coupled with a strong focus on environmental sustainability, has cemented its leadership position. The company’s strategic acquisitions, such as the acquisition of Italian steel major Lucchini SpA in 2007, further solidified its global presence.

JSW Steel isn’t just a leader in the steel sector; it’s a significant contributor to India’s industrial growth. The company’s dedication to quality and constant drive for excellence have earned it international recognition and established it as a key player on the global stage. JSW Steel’s unwavering focus on innovation, sustainability, and strategic expansion ensures its continued success in the years to come.

jsw steel

Company Details

Registered NameJSW Steel Limited
CIN NumberL27102MH1994PLC152925
ISIN NumberINE019A01038
BSE Code500228
Registered OfficeJSW Centre, Bandra Kurla Complex, Bandra (East), Mumbai, Maharashtra, 400051
Registrar DetailsKFin Technologies Ltd, Karvy Selenium Tower B, Plot 31-32, Gachibowli, Finance District, Nanakramguda, Hyedrabad, Telangana, 500032

Dividend's History of JSW Steel Ltd.

Exhibiting a consistent dividend history from 2005 to 2023, reflecting financial stability. Dividend payments during this period showcased the company’s commitment to rewarding shareholders and sustaining growth.

Ex Dividend DateDividend TypeDividend %Dividend ₹


JSW Steel prioritizes growth and financial stability over issuing bonus shares. This approach aims to deploy resources effectively for operational expansion while maintaining a strong financial position. By reinvesting profits and focusing on long-term plans. It demonstrates a commitment to creating lasting value for its shareholders.


JSW Steel Limited has displayed investor-friendly initiatives by implementing a stock split once. Reflecting the company’s commitment to enhancing shareholder liquidity and accessibility. This strategic move underscores the efforts to align with market dynamics and facilitate broader investor participation in its growth trajectory.

Ex Split DateOld FVNew FV
04-01-2017₹ 10₹ 1

Mergers / Amalgamations

The Indian steel industry witnessed a period of consolidation with JSW Steel Ltd. playing a central role. Ispat Industries Ltd., a significant player, transitioned to JSW Ispat Steel Ltd. before ultimately merging with JSW Steel Ltd., creating a larger entity. 

This move was followed by the consolidation of Southern Iron & Steel Co. Ltd. and Dolvi Minerals & Metals Pvt. Ltd. with JSW Steel Ltd., further expanding their reach and resources. Additionally, Jindal Vijayanagar Steel Ltd. rebranded itself as JSW Steel Ltd., solidifying the unified brand identity. 

These strategic decisions showcase JSW Steel’s commitment to consolidation within the industry. By merging with and acquiring other companies, JSW Steel has significantly expanded its footprint and strengthened its position as a dominant player in the steel manufacturing sector. 

These moves not only increase production capacity and market share but also streamline operations and potentially enhance efficiency. This period of consolidation is likely to have significant ramifications for the industry, potentially influencing competition, pricing, and the overall landscape of steel manufacturing in India.

Physical Shares of JSW Steel Ltd. (Non Demat)

While the financial world has largely embraced digitalization, a surprising number of investors still hold onto physical stock certificates. These tangible pieces of paper act as a cherished symbol of ownership in companies, even if it means navigating manual processes for transactions and keeping physical records. This segment specifically focuses on details related to these physical shares, including the associated ownership records, all based on data from March 2023. This suggests further exploration could involve analyzing the trends and reasons behind the continued presence of physical shares in a digital era.

Number of Share Holders6,04,972
Percentage of Physical Shares0.89 %

Unclaimed Shares and Dividends of JSW Steel Ltd. transferred to IEPF

The Investor Education and Protection Fund (IEPF), established by the Indian government, furthermore aims to safeguard the interests of investors and ensure the proper utilization of unclaimed dividends, matured deposits, and other funds lying with companies for a specified period. In essence, it acts as a safety net for investors by receiving these unclaimed or unpaid dues. The IEPF then holds these funds until and unless rightful claimants come forward.

Exhibiting financial prudence by transferring a substantial sum of unclaimed dividends, amounting to  ₹14.85 Crores, to the Investor Education and Protection Fund (IEPF) by March 31, 2023. This responsible action ensures the protection of shareholder interests and compliance with regulatory guidelines for unclaimed financial assets.

The unclaimed shares hold significant value, representing untapped ownership stakes in a leading conglomerate  which is worth over ₹938 Crores.

You can check if you have any unclaimed shares or dividends of JSW Steel Ltd. on our own search portal for free.

FAQ's about unclaimed shares of JSW Steel Ltd.

Q.1 How are JSW Steel Limited shares transferred to IEPF ?

Before transferring the shares and dividends to IEPF it is mandatory for JSW Steel Ltd. to try to reach out to the shareholders through notices on last registered address of the shareholder and the company even publishes notification in the newspaper. If the stakeholder does not claim the shares or dividends for consecutive 7 years, then it is mandatory for JSW Steel Ltd. to transfer the unclaimed shares and dividends to IEPF.

Simply, if the shareholder is unresponsive to all communication attempts made by JSW Steel Ltd. regarding the unclaimed dividends and shares for a period of 7 years, then the holdings are transferred to the Investor Education and Protection Fund (IEPF ) Authority. 

Q.2 How can I know if I have any shares of JSW Steel Ltd. ?

If you are holding shares in physical form, you will have received certificates from JSW Steel Ltd., these certificates will list the number of shares you own and other relevant information. If you are holding shares in a demat account, then you can access your account’s online statement to confirm your holdings.

In case if you have lost the above details and are unable to confirm the holdings you can connect with RECOVERSY and we can assist you in finding the holdings only with the help of your name.

Q.3 How can I verify my holdings of JSW Steel Ltd. ?

You can confirm about your holdings of JSW Steel Ltd. shares by :

1. Through the website of Registrar and Transfer Agent 

  • Step – 1 : Visit the search portal of KFin Technologies Ltd.
  • Step – 2 : Select ” JSW Steel Limited ” in the company field
  • Step – 3 : Now select the type of shares to Physical ( if you have holdings in physical format )
  • Step – 4 : Enter your Folio number
  • Step – 5 : Enter the Security Captcha and click on Submit.
2. Contact the Registrar of JSW Steel Ltd.
  • Address : KFin Technologies Ltd., Karvy Selenium, Tower – B, Plot No. 31 & 32, Financial district, Nanakramguda, Serilingmpally Mandal, Hyderabad, Telangana, 500032
  • Telephone : 040 – 67161500 / 18003454001
  • Email : [email protected]
  • Website : https://karisma.kfintech.com/
3. Contact Nodal Officer :
  • Designation : Nodal Officer 
  • Name : Mrs. Lancy Varghese
  • Address : JSW Centre , Bandra Kurla Complex, Bandra ( East ), Maharashtra, Mumbai – 400051
  • Email : [email protected] 
In case if you have lost the above details or don not have the folio number or any other relevant details and are unable to confirm the holdings you can connect with RECOVERSY and we can assist you in finding the holdings only with the help of your name.

Q.4 Where to check my unclaimed dividends of JSW Steel Ltd. ?

You can check your unclaimed dividends of JSW Steel through the following steps

  • Step – 1 : Click here and open our Search Portal 
  • Step – 2 : Fill your First Name and Last Name
  • Step – 3 : If you are from India then select the corresponding state, if you are from any other country select “Out of India”
  • Step – 4 : Fill the Security Captcha and click on Search
* Note that it will redirect you on to a new tab and will take a little time to load 
Currently, Recoversy website would show you the list of holdings ( value of holdings on date ) that are unclaimed under the search option. Due to the shear amount of data the unclaimed dividends list is not shown. 

Q.5 How can I claim unpaid dividends of JSW Steel Ltd. ?

Firstly, you need to check if the unclaimed dividends are still pending with the company or the same have been transferred to the IEPF Authority. To confirm the same you need to connect with the RTA of JSW Steel Ltd. and quote your folio number or demat account number. They would confirm the value of unclaimed dividends if any and also the status of the unclaimed dividends.

If the unclaimed dividends are still pending with the company, you can submit a request letter along with your identification documents as well as the bank details under which the unclaimed dividends needs to be transferred. It is also suggested to update the KYCv details as well as the bank details under the respective folio for further direct transfer of dividends.

If the unclaimed dividends are transferred to the IEPF Authority then you need to follow the following steps to claim them – 

  • Step – 1 : Access the IEPF – 5 form on the MCA portal of the IEPF website 
  • Step – 2 : Fill out the form carefully, following the instruction provided
  • Step – 3 : Submit the form as a scanned PDF and note down the generated ” Submit Request Number ” (SRN) for tracking purposes
  • Step – 4 :  Print a copy of the completed form and the acknowledgement 
  • Step – 5 : Prepare an indemnity bond, copy of acknowledgement, self attested copy of IEPF form, Aadhaar details – that is linked to your bank account and share certificates ( if shares are held in physical form ).
  • Step – 6 : Send all these documents to the Nodal Officer ( IEPF ) of JSW Steel Ltd. at their registered office in an envelop marked “Claim for Refund from IEPF Authority ” 
Or you can simply contact us and we will help you out in carrying out this procedure on your behalf. We can also help you out in the entire process or also provide assistance in filling the IEPF – 5 form.

For any other queries you can connect with us through Email on [email protected] or even Call us on 7020576005