My Father invested around 50 share of SBI long time back through one of his friend at the bank. He almost forgot it, Today, I was telling them about stocks, mutual fund and how easy it is for everyone to invest in stock through zerodha. My mom remembered and asked dad about the share he invested.
After almost 3 days, he found the share certificate and it was 50 unit of SBI purchased in 1994.
Can anyone help me in knowing "What will be the current value of SBI 50 share buy in 25th March 1994 and face value is 10Rs each, premium at Rs 90 with all dividend & split?
Also he had invested in Bond in my name and one in my mother’s name. How should I proceed with this.
Not an expert but from what I know
SBI - Face Value of the share in 1994 was 10.
On 20.11.2014 the share was split from 10 to 1.
So your father will be holding 50x10 = 500 shares.
The present value of the share is 437. So congratulations for the amount.
Your father can go to any broker and ask them to dematerialise the same. For this I think your father should have to open a demat account. Alternatively, ask the broker if it would be possible to transfer the shares to your name in case you have the demat account.
Dividends history is as follows; I am sure your father must have received the dividend cheques by post during the initial years - not sure now. You can write to SBI at [email protected] and ask them if there is any pending dividend that was not paid. Please do write a detailed email and hope for the best.
Announcement Date Effective Date Dividend Type Dividend(%) Remarks
21/05/2021 03/06/2021 Final 400% Rs.4.0000 per share(400%)Dividend
19/05/2017 26/05/2017 Final 260% Rs.2.6000 per share(260%)Dividend
16/05/2016 03/06/2016 Final 260% Rs.2.6000 per share(260%)Dividend
22/05/2015 28/05/2015 Final 350% Rs.3.5000 per share(350%)Dividend
14/05/2014 29/05/2014 Final 150% Rs.15.0000 per share(150%)Dividend
04/03/2014 11/03/2014 Interim 150% Rs.15.0000 per share(150%)Interim Dividend
14/05/2013 28/05/2013 Final 415% Rs.41.5000 per share(415%)Dividend
12/05/2012 24/05/2012 Final 350%
11/05/2011 20/05/2011 Final 300%
11/05/2010 09/06/2010 Final 200%
25/01/2010 05/02/2010 Interim 100%
11/05/2009 10/06/2009 Final 290%
02/05/2008 29/05/2008 Final 215%
09/05/2007 13/06/2007 Final 140%
10/05/2006 19/06/2006 Final 140%
20/05/2005 17/06/2005 Final 125%
11/05/2004 25/06/2004 Final 110%
05/06/2003 04/07/2003 Final 85%
24/05/2002 11/07/2002 Final 60%
30/05/2001 02/07/2001 Final 50%
22/06/2000 Final 25%
04/02/2000 Interim 25%
24/06/1999 Final 40% AGM & Dividend
18/06/1998 Final 40%
19/06/1997 Final 40%
This is a detailed procedure for claiming any unclaimed dividend. (copies from sbi but could not paste the link for some reason - hence copied it here)
APPEAL TO STATE BANK OF INDIA SHAREHOLDERS
CLAIMING OF UNCLAIMED DIVIDEND AND CONVERSION OF PHYSICALSHARE HOLDING TO DEMAT FORM
- PROCEDURE TO CLAIM YOUR UNCLAIMED DIVIDEND, IF ANY
We inform our esteemed shareholders that State Bank of India has come under ambit of Investor Education and
Protection Fund (IEPF) Rules, vide notification published in Gazette of India by Ministry of Corporate Affairs, vide G.S.R.
343(E) dated May1,2019. Dividends of Bank and all of its erstwhile associate banks, which have remained unclaimed
by shareholders for more than seven years, i.e. dividends declared up to F.Y. 2012-13 will be transferred to IEPF. Posttransfer, the claim for such dividends have to be given to IEPF according to guidelines available at their website,
www.iepf.com. For the dividends declared from FY 2013-14 onwards, in order to claim your unclaimed dividends, before
transfer to IEPF, please send cancelled cheque / first page of bank passbook or statement of your account verified by
your banker along with a simple request letter to our RTA at below mentioned address, quoting your folio no., DP/Client
ID (if shares are maintained in demat form), years for which Dividend is being claimed. Please note that Bank has not
declared any dividend for F.Y. 2017-18, 2018-19 & 2019-20.
2.DEMATERIALIZE (DEMAT) YOUR PHYSICAL SHARES TO AVOID RISK
If you are holding shares in physical form, please convert your physical shares into dematerialised(demat) form
immediately, to avoid risk of loss / damage / misplacement. SEBI has stipulated that request for effecting transfer of
shares shall not be processed unless the shares are held in demat form with a Depository (NSDL / CDSL). Please
convert your physical shares to demat form by contacting a Depository Participant (DP) immediately with officially valid
Know Your Customer (KYC) documents viz (a) PAN (b) Aadhar Card (c)Passport(d)Voter Card (d)Driving License(e)
cancelled cheque for opening demat account. In case you are already having demat account, please submit your Re.1
face value SBI share certificate to your DP for converting the shares into demat form.
- UPDATE YOUR KYC DATA TO RECEIVE ALL COMMUNICATIONS AND DIVIDEND
Please update KYC data, email id, address, mobile number and bank account details by submitting Basic Information
Form (BIF) with our Registrar & Share Transfer Agent (RTA) whose address is given below. Shareholders holding
shares in demat mode are requested to update the same with their respective Depository Participant to ensure ease of
communication and seamless remittances.
- PROCEDURE FOR RECEIVING SHARE CERTIFICATE OF FACE VALUE OF RS.1
Pursuant to split of Rs.10/- face value shares into 10 equity shares of face value of Re. 1/- each on 22.11.2014, the
Re.1/- face value shares were sent by post at the registered address as appearing in the register of members, For the
letters returned undelivered by the postal department due to wrong / incomplete address, address not available, etc.,
we have sent reminders by registered letters, SMS / email wherever mobile number / email id is available. We request
all shareholders, who still hold share certificates of Rs. 10/- face value in physical form and who have not yet received
the Re. 1/- face value shares, to submit following documents to our RTA whose address is mentioned below:
I. Duly filled in Basic Information Form (BIF)
II. Self- attested copies of KYC showing proof of identity, address, photo
III. Self- attested copy of PAN card
IV. Original Rs. 10/- face value share certificate, if available.
- DOWNLOAD BASIC INFORMATION FORM FOR SUBMISSION TO BANK’S RTA
Basic Information Form (BIF) can be downloaded from our website:
- HELPLINE FOR SENDING QUERIES AND DOCUMENTS
For any query, please contact our RTA at the address mentioned below or investor grievances cell of SBI at
the above-mentioned phone numbers/ email id. For detailed guidelines, please visit bank.sbi—Investor Relations—
Shareholder Bondholder Information.
M/s. Alankit Assignments Limited, 205 - 208 Anarkali Complex, Jhandewalan Extension, New Delhi - 110055,
e-mail: [email protected], Contact No.: 7290071335
Thanks for the info.
I have one doubt. The share was split with FV1 currently but my father didn’t received the physical form with the new FV. So If I dematerialize with old form then will the benefit of share slit be lost.
Yes I am 100% sure, This will be on SBI records. You can cross check with the broker where you intend to do demat.
Thanks a lot. Will confirm with them
Did you mamage to get this done. Im doing the same process right now so thought ill ask