Convert Your Old Share Certificates into Secure, Digital Assets
Physical share certificates often come with challenges – torn papers, outdated details, signature mismatches, and endless back-and-forth with Registrars & Transfer Agents (RTAs). With the Securities & Exchange Board of India (SEBI) now prohibiting transfer of physical shares, dematerialization (Demat) has become essential for every investor.
At FinPracto, we simplify this entire journey.
Why Dematerialization Is Important
Dematerialization is the process of converting your physical share certificates into electronic form in your Demat account. This ensures:
- Easy transfer and sale of shares
- Zero risk of loss, theft, or damage
- Faster corporate actions (bonus, dividends, splits)
- Seamless tracking of your portfolio
Challenges Investors Commonly Face
Physical certificates are often decades old, leading to issues such as:
- Signature mismatch with bank or PAN (Permanent Account Number) records
- Name differences due to marriage or spelling variations
- Missing or outdated KYC (Know Your Customer) details
- Incorrect or incomplete records with companies or RTAs
- Transmission issues in case of inherited shares
These challenges cause delays, but FinPracto resolves them end-to-end.
How FinPracto Helps
We handle the entire dematerialization process for you, including:
- Verifying physical share certificates
- Identifying and correcting discrepancies (signature, name, KYC)
- Coordinating with RTAs like CAMS (Computer Age Management Services) and KFin Technologies
- Preparing Demat Request Forms (DRF)
- Ensuring smooth submission to your Depository Participant (DP)
- Tracking and closing the process until shares reflect in your Demat account
Whether the certificates are old, damaged, or complicated — we make them Demat-ready with minimal hassle.
End-to-End Support for Every Scenario
- Old certificates issued decades ago
- Joint holding shares with outdated details
- Lost certificates requiring duplicates
- Shares inherited by legal heirs
- Name or signature mismatch problems
FinPracto ensures you never have to navigate these complexities alone.
FAQs
Dematerialization is the process of converting physical share certificates into electronic form, which is then held in your Demat account. This makes shares easy to transfer, track, and sell.
The Securities and Exchange Board of India (SEBI) has prohibited the transfer of physical shares. This means investors must convert their physical certificates into Demat form to sell, transfer, or receive corporate benefits smoothly.
Typically, it takes 15–30 working days, depending on the completeness of documents and the accuracy of details with the registrar.
You generally need:
- Demat Request Form (DRF)
- Original physical share certificates
- Permanent Account Number (PAN)
- Know Your Customer (KYC) documents (address proof, ID proof)
- Bank details
- Specimen signature
FinPracto helps compile and verify all documentation.
Signature mismatch is common with old certificates. FinPracto helps you complete the required signature verification process and submit the necessary affidavits or banker attestations.
Yes. If your name has changed due to marriage or any other reason, the process involves submitting supporting documents such as a marriage certificate, Gazette notification, or affidavit. We handle this end-to-end.
Yes. Shares received through succession or inheritance must first be transmitted to the legal heir before being dematerialized. FinPracto manages both transmission and demat processes.
Yes. A Demat account with a Depository Participant (DP) is required. If you don’t have one, we can guide you in opening it.
Once approved, the shares reflect in your Demat account in electronic form. You can then hold, sell, or transfer them anytime without physical paperwork.
