.
.
.
Dematerialization is a method of transforming physical securities such as share certificates and other documents into electronic format and keeping them in a Demat account. An investor who wants to dematerialize their securities must open a Demat Account with a Depository Participant (DP). A depository is responsible for storing a shareholder's securities in electronic form, these securities may be held by a registered Depositary Participant (DP) in the form of Share Certificates, bonds, government securities, and mutual fund units.
There are currently two depositories registered with SEBI and authorized to operate in India:
➲ Easy and convenient in holding securities
➲ Dematerialization reduces paperwork
➲ Dematerialization remove threat of loss, damage, and tampering of securities
➲ Trading can be done easily from anywhere
➲ The dematerialization starts with an opening of the Demat account. The investor needs to shortlist a Depository Participant (DP) who provides Demat services for the opening of Demat account.
➲ If the Demat account has been opened, the investor (registered owner) is expected to send an application for dematerialization to the DP in the Dematerialization Request Form (DRF) along with the securities certificates (Share Certificates) to be dematerialized. "Surrendered for Dematerialisation" has to be listed on every share certificate.
➲ The DP verifies data, including the certificates, filled out in the DRF. The inspection involves checking the signature of the company on the request for dematerialization with the signature of the specimen, contrast of the names on DRF and the customer account certificates, paid-up status, distinctive numbers, etc. If the type and security count are right, the DP will issue a duly signed and stamped acknowledgment slip.
➲ In the event, the securities are not in order to return them to the client.
➲ The DP processes the request through the depository along with the company's share certificates and simultaneously with the Registrars and Transfer Agents.
➲ If the shares are in order, the physical form of the share certificates will be destroyed and the dematerialization notice submitted to the depository.
➲ When the request has been accepted, the actual share certificates are destroyed and the dematerialization document sent to the depository.
➲ The depository then ensures that the DP's shares are dematerialized. When that is done, the investor's account will electronically represent a credit in the holding of shares.
After the date submission of the dematerialization of shares, it will take 15-30 days to complete the cycle.
Call or WhatsApp us on +91-99991-39391 for free consultation from our team of experts. You can also email us on reach@corpzo.com.
We share the detailed and reasonable estimated costs, documents and prerequisites for the complete process before starting the process to ensure transparency.
Our team warrants hassle free documentation. We collect the necessary documents and share the relevant drafts to ensure a timely filing and delivery.
Upon collecting the necessary documents and information, we waste no time in preparation and filing of your application. development on your application is brought to your attention.
On successful completion of the case we share all the relevant documents electronically and physically along with an assurance to pay you back if something is wrong.
IPO (Initial Public Offer) is the mechanism to list a Company's securities on recognised stock exchanges to be purchased and traded by public at large. It a mechanism whereby a privately owned firm becomes a publicly-traded company by first offering its s
A non-convertible debt security which creates indebtedness and includes debenture, stock, bonds, and other securities of a body corporate, or any statutory body constitution constituted by virtue of legislation, whether constituting a charge on the assets
Dematerialization is a method of transforming physical securities such as share certificates and other documents into electronic format and keeping them in a Demat account. An investor who wants to dematerialize their securities must open a Demat Account
Bespoke advisory focused on mission critical legal, financial and business aspects.
Uniquely repurpose strategic core competencies with progressive content. Assertively transition ethical imperatives and collaborative manufactured products.
Write About UsProfessional and trusted service, my company needed certification from the state excise in the State of Telangana and CORPZo were so professional in their approach, be it filing of part 3 and 4 of MSME or application process with the state exice that it made my life easy.
“
Will always look to a team which is knowledgeable particularly when it comes to the field of alternative medicine. I had spoken to many including the government offices but was confused how to proceed with setting up of my pharma unit, CORPZo had the right professional guidance available.
“
They believe in transparency in business and give high regard to Customer Satisfaction. Love to work with them and Highly Recommended
“
I needed to apply for business related registration and receive some certificates. Their service is very professional. I researched in the market and found that they are very cost effective, so initially I was a bit doubtful, but, for my surprise, they are better than some of the big house.
“
Awesome and excellent services provided to me. Great and polite gestures with full professional behavior . Have got my company incorporated by corpzo. It was done within a week and have been using their accounting services ever since. They have been a real boost to my business.
“
© 2023 Corpzo Ventures Private Limited.
