Demat Conversion
Convert Physical Shares to Digital
Dematerialisation (Demat) is the process of converting your physical share certificates into an electronic format. In today's digital era, holding physical shares is highly inconvenient, risky, and often prevents you from actively participating in the stock market.
As per SEBI regulations, physical shares can no longer be freely traded on stock exchanges. To sell your old physical shares, receive dividends, or participate in bonus issues and buybacks, they must be converted into Demat form.
At Mundra Asset, we assist you through the entire transition. From opening a Demat account to filling out the DRF (Demat Request Form) and resolving lost certificate issues, we make the process seamless and stress-free.
Instant Liquidity
Sell your shares instantly on the exchange without waiting for physical delivery. Demat shares settle in T+1 days.
Zero Risk of Loss
Eliminate the risk of theft, fire, damage, or misplacement of physical paper certificates.
Direct Corporate Benefits
Dividends, bonus shares, and rights issues are automatically credited to your Demat account, avoiding postal delays.
The Demat Conversion Process
Converting physical shares is a structured process managed by your Depository Participant (DP).
1. Open a Demat Account
If you don't have one already, you must open a Demat account with a registered Depository Participant (DP). We help you open an account seamlessly.
2. Submit DRF & Certificates
Fill out the Demat Request Form (DRF) provided by your DP. Surrender the original physical share certificates along with the form.
3. Verification & Credit
The DP sends the certificates to the company's Registrar and Transfer Agent (RTA) for verification. Once verified, shares are credited electronically.
Frequently Asked Questions
Under normal circumstances, the entire process takes about 2 to 3 weeks from the date of submitting the DRF and certificates. This depends on the turnaround time of the RTA (Registrar) and the company.
If your physical certificates are lost, you can still convert them. You will need to file an FIR (First Information Report) or a police complaint, execute an Affidavit and Indemnity Bond, and publish an advertisement in a newspaper. After this, a duplicate certificate is issued, which is then dematerialised.
Depositories (NSDL/CDSL) do not charge investors for dematerialisation. However, your DP (Depository Participant) may charge a nominal one-time fee per certificate. Stamp duty may also be applicable as per government norms.
Physical Shares vs Demat Shares
| Feature | Demat Shares | Physical Shares |
|---|---|---|
| Form | Electronic Record. | Paper Certificates. |
| Selling/Trading | Instant (Online platform). | Not permitted without dematerialisation. |
| Risk | Highly secure. No risk of physical loss. | High risk (Theft, loss, damage, forgery). |
| Transfer Time | T+1 Days. | Weeks or Months (Manual process). |
| Dividends | Directly credited to linked bank account. | Sent via physical cheques/pay orders. |
Who needs Demat Conversion?
If you or your family members are holding physical share certificates from old companies, inherited shares, or unlisted companies, you need to convert them to Demat form to realize their true value.
Without conversion, your shares are essentially locked. You cannot sell them, and you risk missing out on crucial corporate actions like bonuses or splits.
Need Help with Physical Shares?
Let our experts handle the paperwork, verification, and follow-ups with the RTA for a smooth transition.
Start Conversion Process