About Us
Expert IPO Consultancy Solutions,Shares , Unclaimed Shares, Loan Finance & Unlisted Shares SRK Wealth Management is a trusted financial services firm specializing in IPO Consultancy Solutions,Shares , Unclaimed Shares, Loan Finance…
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+91-9999973656
Office No 202, 2nd Floor, C-20, Shri Ram Complex, Krishna Nagar, Delhi 110051
Dematerialisation Of Shares
Dematerialisation Of Shares
Are you worried about losing your wealth lying in Physical Shares? Convert to Demat now…
- ♦ Transfer of Physical Shares ( Death claim matters )
- ♦ Recovery of Lost Share Certificate
- ♦ Unclaimed Dividends & Shares / Recovery of Shares Transferred to Investor Education Protection Fund (IEPF)
- ♦ Recovery of Share through IEPF
- ♦ Holder Signature Mismatch
- ♦ Dematerialization of shares and opening of a Demat Account
The fintech business has a bright future in 2021. It is critical that we progress with the digitalization and freedom of this industry. Trading used to be done with tangible shares, but as time has gone on, it has developed and is now done using Demat Accounts.
- ♦ Transfer of Physical Shares
- ♦ Lost Shares
- ♦ Dismantled Shares
- ♦ Torned Shares
- ♦ Forgotten Shares
- ♦ Death of Original Shareholder
SRK Wealth Management is the most trusted and finest organization for transfer of physical sharers, claiming the unclaimed shares, and it does so in a unique and innovative way for you. At SRK Wealth Management, you will receive thorough answers to all of your questions and concerns about shares, share transfers, duplicate share issues, stock transmissions, and name deletion, among other things. In a pinch, SRK Wealth Management can help you reclaim your forgotten wealth i.e. unclaimed shares. These are some of SRK Wealth Management most notable services.
3 of the most prime services offered at SRK Wealth Management
1. Transfer of Physical Shares into Demat
Dematerialization provides flexibility, as well as security and ease. Having share certificate papers in physical formats introduced various dangers, including certificate forgeries, loss of essential share certificates, and subsequent certificate transfer delays. You may avoid these inconveniences by opting for share dematerialization, which entails converting physical share certificates into demat form.
A Demat account gives traders a digital status where they may store their shares with the necessary safeguards. It also eliminates a number of hazards associated with physical shares, including theft, counterfeiting, loss, and damage. These shares, once converted from physical certificates to electronic form, can operate smoothly in terms of trade and settlement in the event of liquidation. The transfer of shares is rapid and simple because everything is done on a digital platform.
Benefits of Transfer of Physical Shares Into Demat
It was discovered that the shares were held in the form of share certificates prior to 1997. The Demat format, on the other hand, was established to address concerns about physical shares, as the prior method had certain issues.
The shares must be acquired through a broker and accompanied by a transfer document. The entire procedure took a long time and was beset by severe roadblocks including signature mismatches, payment issues, and misplaced share certificates in transit.
When shares were dematerialized, these issues were resolved. Because each electronic record is ISIN-authenticated, you don’t have to worry about the shares’ authenticity. The electronic storage method for Dematerialised shares has also solved the storage and maintenance problems. Because it should be in Demat format.
- ♦ Electronic shares are far safer than physical shares.
- ♦ In the stock market, you cannot trade without a Demat account.
- ♦ Allows for the storage of several securities in one location.
- ♦ Extremely secure, as theft, forgeries, loss, and damage are all eliminated.
- ♦ Trading on-the-go is possible due to platform independence.
- ♦ Relatively less expensive, with little handling fees
How To Convert Physical Shares Into Demat?
It is the process of changing your physical share certificate into an electronic version and storing it in a Demat account with a depository participant (DP), who works as a middleman between the business and the depository. If you wish to dematerialize your physical shares, you must follow the instructions provided by depositories like NSDL and CDSL.
Documents Required For Transfer of Physical Shares Into Demat
- ♦ Certified copy of death certificate.
- ♦ Request application for the transmission from legal heir(s) or representatives.
- ♦ Letter of Administration or Succession Certificate or Probate of Will.
- ♦ Specimen signature of the successor(s).
Document Required
Documents Required For Transfer Of Physical Shares Into Demat
- ♦ Certified copy of death certificate.
- ♦ Request application for the transmission from legal heir(s) or representatives.
- ♦ Letter of Administration or Succession Certificate or Probate of Will.
- ♦ Specimen signature of the successor(s).
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+91-9999973656
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Office No 202, 2nd Floor, C-20, Shri Ram Complex, Krishna Nagar, Delhi 110051
