Found old share certificates and have no idea what to do?
SEBI no longer allows transactions in physical share certificates. To transact on your old, physical share certificates, convert them to electronic format by dematerialising them.
Whether you own shares or have inherited them, we help you dematerialise.
Why dematerialise
your physical shares?
Enhanced security
Eliminate risks of theft, damage, loss, or forgery of physical certificates
Convenience
View and track all investments through one secure dashboard
Direct dividends
Receive dividends directly in your bank account
Compliance
Regulations require all listed companies to process share transfers only if the securities are held in dematerialised form with a depository
Dematerialisation is a 3 step process
Once you send us all the required documents, we’ll take all necessary steps to complete your dematerialisation.
Prepare required documents
Submit documents for verification online
Courier the verified to Zerodha and sit back!
FAQs
What is dematerialisation?
Dematerialisation is the process of converting physical share certificates into electronic form for holding in a demat account.
What are the conditions for dematerialising physical shares?
- Share certificates must display the current company name and face value
- The name on the certificate must match the demat account name
- For jointly held shares, the name sequence must match the demat account
- Individual shares cannot be dematerialised into joint accounts (and vice versa)
What documents are required for dematerialisation?
- Completed Dematerialisation Request Form (DRF)
- Self-attested PAN card copy
- Original share certificates
- Address proof documents (if your address has changed)
To learn more, Click here
How do I submit my dematerialisation request?
After completing forms and gathering the required documents, courier them to Zerodha for processing.
What are the charges for dematerialisation?
₹150+18% GST per share certificate and ₹100+18% GST courier fee per request, deducted from your Zerodha account.
How long does the dematerialisation process take?
The dematerialisation process may take up to 25 days after document submission.
How to handle name mismatches between share certificate and demat account?
Provide a gazette letter or notarised affidavit stating both names refer to the same person. For marriage-related name changes, submit a notarised marriage certificate.
Can jointly held physical shares be dematerialised?
Yes, but the name order on certificates must match the demat account. Otherwise, submit a transposition form. Learn more here.
How to convert inherited physical shares from a deceased person?
Contact the company's Registrar and Transfer Agent (RTA) first to update the name on the certificate to match your demat account before initiating dematerialisation.
What is the last date for converting physical shares to demat?
While there is no absolute deadline yet, SEBI has been encouraging investors to convert physical shares to demat format as part of market modernisation.
How to dematerialise shares for private companies?
According to the MCA circular, investors must dematerialise their shares and hold them in a demat account. To open a demat account with Zerodha to dematerialise and hold these shares, please create a ticket.
What is the Investor Education and Protection Fund (IEPF) and how can you claim shares?
The Investor Education and Protection Fund (IEPF) is a fund set up by the Government of India to safeguard the interests of investors. Dividends and shares that remain unclaimed for a specified period are transferred to the IEPF. You need to submit the necessary documents and follow the procedure to reclaim these shares or dividends.
For detailed instructions, visit this
support article