Over the decades, the Oil and Natural Gas Corporation (ONGC) has been a key pillar in the portfolios of millions of Indian households. Among India’s public sector enterprises, ONGC has a good reputation and has long attracted investors due to its consistent performance and generous dividends.<\/p>\n\n\n\n
Unclaimed investments arose due to various reasons, such as the loss of share certificates, the absence of nominee information, a change of address, or the passing away of the original shareholders without passing any information to their heirs. Currently, all such unclaimed shares and dividends are protected by the Investor Education and Protection Fund (IEPF) created by the Government of India.<\/p>\n\n\n\n
This article provides a comprehensive guide for individuals and families who want to retrieve unclaimed ONGC shares or dividends from the IEPF. The article starts with the history of ONGC, how to identify unclaimed investments, to the claims process of ONGC shares, simplifying the entire process for investors to get back what rightfully belongs to them.<\/p>\n\n\n\n
ONGC is India’s flagship oil and gas exploration and production company. Being a Maharatna PSU, ONGC has been assigned the national duty of energy security. It is accountable for about 70% of the crude oil and gas production in the country.<\/p>\n\n\n\n
Due to its consistent delivery of financial performance, the company has paid high dividends, bonus shares, and appreciation<\/a> in share price to all its shareholders. ONGC has been listed on the Bombay Stock Exchange and National Stock Exchange and is one of the most liquid and respected stocks in the Indian equity markets.<\/p>\n\n\n\n In 1956, ONGC was established by the Ministry of Natural Resources and Scientific Research for the exploration and production of oil and gas in India. In 1959, ONGC became a statutory corporation under the ONGC Act. Subsequently, in 1993, the Commission was converted into a corporate entity known as ONGC Ltd, and all assets and liabilities were transferred in 1994.<\/p>\n\n\n\n Ever since, ONGC has spread its operations across the world and has expanded into alternate energy sources and joint ventures with international energy giants. Keeping in mind that company shares were also listed in Indian bourses and gained prices and volumes among the majority of very liquid traded stocks in the PSU arena.<\/p>\n\n\n\n Here is a quick overview of ONGC transformation for each of these decades:<\/p>\n\n\n\n ONGC has played a pivotal role in India’s energy independence and economic growth. The great discovery and production of oil and gas by the company domestically have massively lowered dependence on foreign energy imports.<\/p>\n\n\n\n Besides, ONGC has provided jobs to millions, contributed hugely to the revenue collections of the central government, through taxes and dividends, and brought wealth to lakhs of retail investors. These investments are an indicator of ONGC’s vision of the future as they are spreading out into alternative and renewable energy. It is, therefore, not just an energy giant but also, in no small measure, an energy nation-building entity in itself.<\/p>\n\n\n\n Let’s understand the potential value of long-term investment through a real-world-like example:<\/p>\n\n\n\n Suppose your grandfather bought 300 shares of ONGC in April 1990.<\/strong><\/p>\n\n\n\n A modest investment in 1990 has grown into shares worth over ₹7.4 lakh, not including dividends. This showcases the powerful compounding and appreciation potential of holding ONGC shares long-term.<\/p>\n\n\n\n The dividend policy of ONGC has remained very healthy for its shareholders. Its robust profitability, coupled with strong cash flows, facilitates large dividend distributions, and in fact, this tradition continues over the decades. Such a consistent dividend history makes ONGC a darling for income-focused investors.<\/p>\n\n\n\n The Investor Education and Protection Fund was set up by the Ministry of Corporate Affairs, Government of India, under Section 125 of the Companies Act, 2013, to hold unclaimed and unpaid amounts that have been transferred by companies to such funds. Such amounts include unclaimed dividends, matured deposits, debentures, and shares that have remained unclaimed for seven years or more.<\/p>\n\n\n\n The core functions of IEPF include:<\/p>\n\n\n\n The fund brings transparency, fairness, and structure into the whole process of managing unclaimed investments in India.<\/p>\n\n\n\n ONGC shares or dividends may have gone into the IEPF due to the following reasons:<\/p>\n\n\n\n These being stated, the law requires ONGC to automatically transfer the dividends and shares associated with it to the IEPF.<\/p>\n\n\n\n To know whether any ONGC shares or dividends are being held by IEPF:<\/p>\n\n\n\n 1. Visit the IEPF website<\/p>\n\n\n\n 2. Select “Search Unclaimed \/Unpaid Amount”<\/p>\n\n\n\n 3. Enter the name of the investor, father\/husband’s name, or Folio Number<\/p>\n\n\n\n 4. Check the output to see if any records are available for the query<\/p>\n\n\n\n If no record is found, you can contact the ONGC Registrar or the IEPF Nodal officer for further help.<\/p>\n\n\n\n The process to claim ONGC shares and dividends from IEPF is as follows:<\/p>\n\n\n\n 1. Fill out Form IEPF-5<\/strong>: Download from the MCA site and fill it out carefully.<\/p>\n\n\n\n 2. Submit Online<\/strong>: An SRN (Service Request Number) will be generated at submission.<\/p>\n\n\n\n 3. Print Documents<\/strong>: Print the form and the acknowledgement slip.<\/p>\n\n\n\n 4. Send Physical Documents to ONGC’s Nodal Officer<\/strong>:<\/p>\n\n\n\n 5. Verification by Company<\/strong>: ONGC will verify and give a report to IEPF.<\/p>\n\n\n\n 6. Approval and Refund<\/strong>: IEPF Authority will look at the claim approve it, and later, shares will go to your Demat account while dividends will go directly to your bank account.<\/p>\n\n\n\n Keeping unclaimed shares unattended leads to the loss of considerable wealth over time. ONGC shares have historically appreciated and given huge dividends. Thus, recovery of shares<\/a> brings back the financial rights of the individual along with giving the returns of the investments made by their ancestors, keeping in line with the increasing prices of the market<\/a> and inflation, which makes these assets more valuable.<\/p>\n\n\n\n In a time when everyone ought to be financially conscious, reclaiming unclaimed investments would be one step toward building and securing wealth. These unclaimed shares and dividends from ONGC, often silenced with measures of administrative lapses or lack of information, could turn out to be huge financial gains.<\/p>\n\n\n\n The IEPF mechanism is the set-up wherein individuals can get back these assets through a structured and legal manner. Although the process is long and involves lengthy documentary submissions, the reward is mostly worth the effort. Check your records for the beginning and take a step toward claiming what is rightly yours or your family’s legacy.<\/p>\n\n\n\nThe History and Evolution of ONGC<\/h2>\n\n\n\n
Year<\/strong><\/td> Event<\/strong><\/td><\/tr><\/thead> 1956<\/strong><\/td> ONGC was established by the Government of India on August 14.<\/td><\/tr> 1959<\/strong><\/td> Discovery of oil in Gujarat at Ankleshwar.<\/td><\/tr> 1960<\/strong><\/td> The first offshore drilling rig, Sagar Samrat, was commissioned.<\/td><\/tr> 1970<\/strong><\/td> Discovery of the Bombay High field.<\/td><\/tr> 1974<\/strong><\/td> Commercial production commenced in Bombay High.<\/td><\/tr> 1976<\/strong><\/td> Significant discovery in the Krishna-Godavari basin.<\/td><\/tr> 1980<\/strong><\/td> Expanded operations to include natural gas production.<\/td><\/tr> 1984<\/strong><\/td> Conferred the status of a Schedule ‘A’ Public Sector Undertaking.<\/td><\/tr> 1989<\/strong><\/td> ONGC Videsh Limited (OVL) was established.<\/td><\/tr> 1994<\/strong><\/td> Converted into a public limited company.<\/td><\/tr> 1997<\/strong><\/td> Achieved the status of a Navratna company.<\/td><\/tr> 2001<\/strong><\/td> Received Maharatna status. Strategic alliance with Reliance Industries Ltd.<\/td><\/tr> 2002<\/strong><\/td> OVL acquired a 20% stake in Sakhalin-1, Russia. Launched Project ICE.<\/td><\/tr> 2003<\/strong><\/td> Approved an open offer for a 20% additional stake in MRPL. Strategic alliance with IOC.<\/td><\/tr> 2004<\/strong><\/td> Acquired 74% stake in MRPL. Signed MoU with MRPL for long-term crude supply.<\/td><\/tr> 2005<\/strong><\/td> OVL acquired 30% in the Greater Nile Oil Project, Sudan. Gas was discovered in the KG basin. Bonus shares issued. Alliance with GAIL.<\/td><\/tr> 2006<\/strong><\/td> Celebrated the golden jubilee. Commissioned the first deepwater well in the Krishna-Godavari.<\/td><\/tr> 2007<\/strong><\/td> Gas production crossed 25 billion cubic meters. Won Golden Peacock Award.<\/td><\/tr> 2008<\/strong><\/td> OVL acquired Imperial Energy, UK, for $2.1 billion. Crude oil production > 25 million tonnes.<\/td><\/tr> 2009<\/strong><\/td> MoU with Gujarat State Petroleum Corp. for joint exploration. Won Platts Global Energy Award.<\/td><\/tr> 2010<\/strong><\/td> Revenue crossed $20 billion. Discovery in Colombia by OVL.<\/td><\/tr> 2011<\/strong><\/td> Became the first Indian company to produce 1 million+ barrels\/day of oil equivalent.<\/td><\/tr> 2012<\/strong><\/td> Strategic partnership with ConocoPhillips. Won Dun & Bradstreet Award.<\/td><\/tr> 2013<\/strong><\/td> Discoveries in KG and Cauvery basin. Acquired stake in ACG oil field, Azerbaijan.<\/td><\/tr> 2014<\/strong><\/td> Gas production hit 26 billion cubic meters. Acquired 10% stake in Mozambique Rovuma Area 1.<\/td><\/tr> 2015<\/strong><\/td> Commissioned a solar project in Gujarat. Acquired 15% stake in Vankor field, Russia.<\/td><\/tr> 2016<\/strong><\/td> Revenue crossed $25 billion. Won Golden Peacock Award for Excellence.<\/td><\/tr> 2017<\/strong><\/td> OVL acquired a 10% stake in the UAE’s Lower Zakum concession. Crude production > 30 million tonnes.<\/td><\/tr> 2018<\/strong><\/td> Acquired 51.11% controlling stake in HPCL. Oil discovery in the Gulf of Kutch.<\/td><\/tr> 2019<\/strong><\/td> Partnership with ExxonMobil for offshore. 10% stake in ADNOC’s offshore concession.<\/td><\/tr> 2020<\/strong><\/td> Revenue crossed $30 billion. Launched a carbon emission reduction drive.<\/td><\/tr> 2021<\/strong><\/td> Celebrated 65th anniversary. Discovered significant gas reserves in KG-DWN-98\/2.<\/td><\/tr> 2022<\/strong><\/td> Crude production hit 35 million tonnes. Acquired 25% stake in Brazil offshore oil field.<\/td><\/tr> 2023<\/strong><\/td> Revenue crossed $35 billion. Launched a net-zero carbon initiative. Discovered oil in the Krishna-Godavari basin.<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n Impact of the Oil and Natural Gas Corporation<\/h2>\n\n\n\n
Oil and Natural Gas Corporation Bonus<\/h2>\n\n\n\n
Announcement Date<\/strong><\/td> Ex-Bonus Date<\/strong><\/td> Bonus Ratio<\/strong><\/td> Remarks<\/strong><\/td><\/tr> 27th<\/sup> Oct,2016<\/td> 15 Dec, 2016<\/td> 1:2<\/td> For every 2 shares held, the Holder will receive 1 bonus share<\/td><\/tr> 16 Sec, 2010<\/td> 8 Feb, 2011<\/td> 1:1<\/td> For every 1 share held, the Holder will receive 1 bonus share<\/td><\/tr> 26 July, 2006<\/td> 27 Oct, 2006<\/td> 1:2<\/td> For every 2 shares held, the Holder will receive 1 bonus share.<\/td><\/tr> <\/strong><\/td> <\/strong><\/td> <\/strong><\/td> <\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n Oil and Natural Gas Corporation Splits History<\/h2>\n\n\n\n
Announcement<\/strong><\/td> Ex-Split-Date<\/strong><\/td> Old FV<\/strong><\/td> New FV<\/strong><\/td> Remarks<\/strong><\/td><\/tr> 16 Dec,2010<\/td> 08 Feb, 2011<\/td> 10<\/td> 5<\/td> For every share held, the holder will adjustment<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n Calculation on ONGC Share<\/h2>\n\n\n\n
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Dividend Summary<\/h2>\n\n\n\n
Announcement Date<\/strong><\/strong><\/td> Ex-Dividend Date<\/strong><\/strong><\/td> Dividend Type<\/strong><\/strong><\/td> Dividend (Rs)<\/strong><\/strong><\/td><\/tr><\/thead> 27 Jan, 2025<\/td> 07 Feb, 2025<\/td> Interim<\/td> 5.00<\/td><\/tr> 07 Nov, 2024<\/td> 19 Nov, 2024<\/td> Interim<\/td> 6.00<\/td><\/tr> 21 May, 2024<\/td> 23 Aug, 2024<\/td> Final<\/td> 2.50<\/td><\/tr> 05 Feb, 2024<\/td> 16 Feb, 2024<\/td> Interim<\/td> 4.00<\/td><\/tr> 10 Nov, 2023<\/td> 21 Nov, 2023<\/td> Interim<\/td> 5.75<\/td><\/tr> 26 May, 2023<\/td> 18 Aug, 2023<\/td> Final<\/td> 0.50<\/td><\/tr> 09 Feb, 2023<\/td> 24 Feb, 2023<\/td> Interim<\/td> 4.00<\/td><\/tr> 09 Nov, 2022<\/td> 21 Nov, 2022<\/td> Interim<\/td> 6.75<\/td><\/tr> 30 May, 2022<\/td> 18 Aug, 2022<\/td> Final<\/td> 3.25<\/td><\/tr> 08 Feb, 2022<\/td> 21 Feb, 2022<\/td> Interim<\/td> 1.75<\/td><\/tr> 08 Nov, 2021<\/td> 22 Nov, 2021<\/td> Interim<\/td> 5.50<\/td><\/tr> 25 Jun, 2021<\/td> 08 Sep, 2021<\/td> Final<\/td> 1.85<\/td><\/tr> 15 Feb, 2021<\/td> 17 Feb, 2021<\/td> Interim<\/td> 1.75<\/td><\/tr> 28 Feb, 2020<\/td> 23 Mar, 2020<\/td> Interim<\/td> 5.00<\/td><\/tr> 30 May, 2019<\/td> 22 Aug, 2019<\/td> Final<\/td> 0.75<\/td><\/tr> 19 Mar, 2019<\/td> 26 Mar, 2019<\/td> Interim<\/td> 1.00<\/td><\/tr> 04 Feb, 2019<\/td> 28 Feb, 2019<\/td> Interim<\/td> 5.25<\/td><\/tr> 30 May, 2018<\/td> 19 Sep, 2018<\/td> Final<\/td> 1.35<\/td><\/tr> 19 Feb, 2018<\/td> 13 Mar, 2018<\/td> Interim<\/td> 2.25<\/td><\/tr> 18 Oct, 2017<\/td> 03 Nov, 2017<\/td> Interim<\/td> 3.00<\/td><\/tr> 26 May, 2023<\/td> 18 Aug, 2023<\/td> Final<\/td> 0.50<\/td><\/tr> 09 Feb, 2023<\/td> 24 Feb, 2023<\/td> Interim<\/td> 4.00<\/td><\/tr> 09 Nov, 2022<\/td> 21 Nov, 2022<\/td> Interim<\/td> 6.75<\/td><\/tr> 30 May, 2022<\/td> 18 Aug, 2022<\/td> Final<\/td> 3.25<\/td><\/tr> 08 Feb, 2022<\/td> 21 Feb, 2022<\/td> Interim<\/td> 1.75<\/td><\/tr> 26 May, 2023<\/td> 18 Aug, 2023<\/td> Final<\/td> 0.50<\/td><\/tr> 09 Feb, 2023<\/td> 24 Feb, 2023<\/td> Interim<\/td> 4.00<\/td><\/tr> 09 Nov, 2022<\/td> 21 Nov, 2022<\/td> Interim<\/td> 6.75<\/td><\/tr> 30 May, 2022<\/td> 18 Aug, 2022<\/td> Final<\/td> 3.25<\/td><\/tr> 08 Feb, 2022<\/td> 21 Feb, 2022<\/td> Interim<\/td> 1.75<\/td><\/tr> 08 Nov, 2021<\/td> 22 Nov, 2021<\/td> Interim<\/td> 5.50<\/td><\/tr> 25 Jun, 2021<\/td> 08 Sep, 2021<\/td> Final<\/td> 1.85<\/td><\/tr> 15 Feb, 2021<\/td> 17 Feb, 2021<\/td> Interim<\/td> 1.75<\/td><\/tr> 28 Feb, 2020<\/td> 23 Mar, 2020<\/td> Interim<\/td> 5.00<\/td><\/tr> 30 May, 2019<\/td> 22 Aug, 2019<\/td> Final<\/td> 0.75<\/td><\/tr> 19 Mar, 2019<\/td> 26 Mar, 2019<\/td> Interim<\/td> 1.00<\/td><\/tr> 04 Feb, 2019<\/td> 28 Feb, 2019<\/td> Interim<\/td> 5.25<\/td><\/tr> 30 May, 2018<\/td> 19 Sep, 2018<\/td> Final<\/td> 1.35<\/td><\/tr> 19 Feb, 2018<\/td> 13 Mar, 2018<\/td> Interim<\/td> 2.25<\/td><\/tr> 18 Oct, 2017<\/td> 03 Nov, 2017<\/td> Interim<\/td> 3.00<\/td><\/tr> 01 Jun, 2017<\/td> 21 Sep, 2017<\/td> Final<\/td> 0.80<\/td><\/tr> 18 Jan, 2017<\/td> 07 Feb, 2017<\/td> Interim<\/td> 2.25<\/td><\/tr> 19 Oct, 2016<\/td> 03 Nov, 2016<\/td> Interim<\/td> 4.50<\/td><\/tr> 26 May, 2016<\/td> 31 Aug, 2016<\/td> Final<\/td> 3.25<\/td><\/tr> 03 Mar, 2016<\/td> 16 Mar, 2016<\/td> Interim<\/td> 0.75<\/td><\/tr> 28 Oct, 2015<\/td> 10 Nov, 2015<\/td> Interim<\/td> 4.50<\/td><\/tr> 28 May, 2015<\/td> 07 Sep, 2015<\/td> Final<\/td> 0.50<\/td><\/tr> 24 Feb, 2015<\/td> 24 Mar, 2015<\/td> Interim<\/td> 4.00<\/td><\/tr> 28 Nov, 2014<\/td> 16 Dec, 2014<\/td> Interim<\/td> 5.00<\/td><\/tr> 29 May, 2014<\/td> 11 Sep, 2014<\/td> Final<\/td> 0.25<\/td><\/tr> 04 Mar, 2014<\/td> 27 Mar, 2014<\/td> Interim<\/td> 4.25<\/td><\/tr> 14 Nov, 2013<\/td> 10 Dec, 2013<\/td> Interim<\/td> 5.00<\/td><\/tr> 29 May, 2013<\/td> 17 Sep, 2013<\/td> Final<\/td> 0.50<\/td><\/tr> 29 Jan, 2013<\/td> 22 Mar, 2013<\/td> Interim<\/td> 4.00<\/td><\/tr> 04 Dec, 2012<\/td> 24 Dec, 2012<\/td> Interim<\/td> 5.00<\/td><\/tr> 29 May, 2012<\/td> 14 Sep, 2012<\/td> Final<\/td> 2.00<\/td><\/tr> 15 Feb, 2012<\/td> 19 Mar, 2012<\/td> Interim<\/td> 1.50<\/td><\/tr> 02 Dec, 2011<\/td> 06 Jan, 2012<\/td> Interim<\/td> 6.25<\/td><\/tr> 31 May, 2011<\/td> 18 Aug, 2011<\/td> Final<\/td> 0.75<\/td><\/tr> 01 Dec, 2010<\/td> 20 Dec, 2010<\/td> Interim<\/td> 32.00<\/td><\/tr> 31 May, 2010<\/td> 09 Sep, 2010<\/td> Final<\/td> 15.00<\/td><\/tr> 30 Nov, 2009<\/td> 22 Dec, 2009<\/td> Interim<\/td> 18.00<\/td><\/tr> 25 Jun, 2009<\/td> 11 Sep, 2009<\/td> Final<\/td> 14.00<\/td><\/tr> 05 Dec, 2008<\/td> 23 Dec, 2008<\/td> Interim<\/td> 18.00<\/td><\/tr> 25 Jun, 2008<\/td> 08 Sep, 2008<\/td> Final<\/td> 14.00<\/td><\/tr> 26 Nov, 2007<\/td> 26 Dec, 2007<\/td> Interim<\/td> 18.00<\/td><\/tr> 25 Jun, 2007<\/td> 10 Sep, 2007<\/td> Final<\/td> 13.00<\/td><\/tr> 12 Dec, 2006<\/td> 27 Dec, 2006<\/td> Interim<\/td> 18.00<\/td><\/tr> 26 Jun, 2006<\/td> 06 Sep, 2006<\/td> Final<\/td> 20.00<\/td><\/tr> 05 Dec, 2005<\/td> 27 Dec, 2005<\/td> Interim<\/td> 25.00<\/td><\/tr> 20 Jun, 2005<\/td> 01 Sep, 2005<\/td> Final<\/td> 20.00<\/td><\/tr> 10 Dec, 2004<\/td> 28 Dec, 2004<\/td> Interim<\/td> 20.00<\/td><\/tr> 22 Jun, 2004<\/td> 02 Sep, 2004<\/td> Final<\/td> 10.00<\/td><\/tr> 02 Jan, 2004<\/td> 03 Feb, 2004<\/td> Interim<\/td> 14.00<\/td><\/tr> 23 Jun, 2003<\/td> 11 Sep, 2003<\/td> Final<\/td> 13.00<\/td><\/tr> 03 Jan, 2003<\/td> 31 Jan, 2003<\/td> Interim<\/td> 17.00<\/td><\/tr> 31 May, 2002<\/td> 22 Aug, 2002<\/td> Final<\/td> 0.00<\/td><\/tr> 07 Jun, 2001<\/td> 13 Aug, 2001<\/td> Final<\/td> 0.00<\/td><\/tr> 16 Aug, 2000<\/td> 29 Aug, 2000<\/td> Final<\/td> 0.00<\/td><\/tr> 07 Apr, 2000<\/td> –<\/td> Interim<\/td> 0.00<\/td><\/tr> 30 Jul, 1999<\/td> –<\/td> Final<\/td> 0.00<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n What is IEPF?<\/h2>\n\n\n\n
Purpose of IEPF<\/h2>\n\n\n\n
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Why have your Unclaimed ONGC Shares Gone to IEPF?<\/h2>\n\n\n\n
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How to Know About Unclaimed Shares & Dividends of ONGC?<\/h2>\n\n\n\n
Process to Claim Unclaimed Shares & Dividends of ONGC<\/h2>\n\n\n\n
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Significance of Claiming ONGC’s Shares<\/h2>\n\n\n\n
To Wrap Up<\/h2>\n\n\n\n