Facts about Unclaimed assets in indian markets

Around 1-1.5% of shares in the securities market are still held in physical form through paper share certificates. 
Unclaimed investment recovery services are professional services that help investors recover their lost or forgotten investments. This is useful when investors are unable to track their investments or when they are unaware of their investments’ existence.

Before the Demat system became the norm, people commonly bought, sold, and stored securities in paper form.
However, some of these securities were never converted to digital form and still exist as physical paper certificates.
Over time, due to wear and tear, being forgotten, or the passing of the original holder, these securities can get damaged or lost, never making their way into the system again.