Step 1: DEMAT Registration (Obtaining ISIN) 

• Company will appoint RTA-Registrar and Share Transfer Agent for obtaining ISIN from CDSL / NSDL and manage all Securities of the Applicant Company.
• Company will provide all the essential documents by which RTA will prepare a full application for obtaining ISIN for the company and will forward it to the company to check and approve further we will get it digitally signed by the Authorised Representative of the company.

Documents list:

1. PAN Number, GST Registration, COI, MOA, and AOA.
2. Latest Audited Balance Sheet, P&L, Notes to Accounts
3. Email ID Contact Number and Name of Director to be authorized.

• Company will also provide C.A Certified Net worth and Board Resolution along with Signed Application.
• RTA will forward your application to CDSL / NSDL and do all the further communication with CDSL / NSDL for the Demat Registration of your company.
• After the Scrutiny of said Application, NSDL / CDSL will provide the reference number and provide the Virtual Payment details.
• After Payment is made by the Company to CDSL / NSDL and RTA, the company will provide the required details to RTA.
• RTA will update the payment details and also intimate CDSL / NSDL for the same.
• After the completion of the Demat Registration process, ISIN will be provided by RTA to the applicant company.

Note: This process takes 4-5 working days if all documents are completed from the Applicant’s company Side.

Step 2: DEMAT Account and Request for DRF-Demat Request form.

 Note: Share Holder should have DEMAT Account with the same Depository in which the Applicant Company takes its ISIN.

• Share Holder has to submit a DRF – Demat Request form along with Original Share Certificates to the Depository Participant where he/she is maintaining its DEMAT Account.
• Depository Participant will verify the DRF and punch the electronic request for Dematerialization of Securities.
• NSDL / CDSL will give an electronic request to Registrar and Share Transfer Agent and instruct Depository Participant to send the DRF form along with Original Share Certificates to Registrar and Share Transfer Agents.
• DP will send a courier of all the documents to the Registered RTA.

Note: This process takes 5-6 working days if all DEMAT Accounts of all shareholders are opened with CDSL / NSDLs DPs and ready for accepting DRF. We will take 5-6 Days for opening of new DEMAT Account with our Associates.

Step 3: Conversion of Physical Shares into DEMAT / Electronic Form.

• RTA-Registrar and Share Transfer Agent will get an electronic Request from Depository Participant through NSDL / CDSL.
• RTA also gets the Physical Request from Depository Participant and verifies the same with records provided by the Applicant Company at the time of Admission / Obtaining ISIN.
• After verifying the Documents, RTA will get Online Confirmation through Email from the Applicant Company for accepting or rejecting the request of Share Holder.
• After getting confirmation, RTA will convert the physical Shares into Demat / Electronic Forms.
• Shares are credited to Share Holder’s DEMAT Account and confirmation will be sent to the Company.

Note: This process will take 1-2 Days if Confirmation is provided by the company.

Step 4: If any of the Share Holders want to Transfer their Demat Shares to another Demat Account Holder:

• The Existing Share Holder must take DIS Booklet from its Depository Participant where he/she is maintaining their Demat Account.
• He / She must fill in the Demat Details (Demat ID and Client ID) of the Buyer Account and also fill in the Consideration Amount.
• Depository participant will check the Filled DIS Slip and Transfer the Shares to the Respective Demat Account after charging Stamp Duty (if Applicable).
• After processing the above, the Buyer can get the shares in his / her Demat Account.

Note: Consideration Proof is required, Gift deed required in case of Gift and Transfer is taking 1 working day.