Got dusty share certificates lying around? Let's uncover their hidden value together!
SEBI has phased out the use of physical share certificates — all trades must now be done in electronic (demat) form.
Whether you've purchased shares in the past or inherited them recently, you'll need to convert those paper certificates into a digital format before taking any action.
At Sapphire, we make this process seamless by assisting you with documentation, verification, and dematerialisation - ensuring your investments are secure, accessible, and ready for the modern market.
Steps to Dematerialize Your Physical Share Certificates
Open a Demat Account
Choose a DP, submit KYC documents, and receive your Demat Account Number after verification.
Submit Dematerialisation Request
Fill the DRF, submit physical certificates against request. The entire ensuring name matches Demat account.
Verification and Processing
DP sends documents to RTA, certificates are verified before approval for electronic conversion.
Shares Credited Digitally
Dematerialized shares are credited to your demat account by NSDL or CDSL within a week.
Why Dematerialization is Important
Improved Security
Dematerialisation eliminates the risks of losing physical certificates due to theft, misplacement, or damage. Your holdings are safely stored in electronic form under regulated depositories like NSDL or CDSL.
Faster Transactions
Digital shares allow you to buy, sell, and transfer securities instantly without delays or paperwork. This ensures smooth, real-time trading and better opportunities in fast-moving markets.
Cost Efficiency
Holding shares in demat form reduces expenses like stamp duty, courier charges, and handling fees. It also minimizes administrative burdens and streamlines investment management for better cost control.
Compliance & Convenience
SEBI regulations require listed securities to be held in demat form. It also makes it easier to monitor, update, and manage your portfolio anytime through your DP's digital platform.
Easy Portfolio Tracking
With all your holdings in one demat account, you can easily track, monitor, and manage your investments, dividends, and corporate actions through a single digital interface.
Eco-Friendly & Paperless
Dematerialisation reduces paper usage and storage needs, making your investment process environmentally friendly while contributing to a cleaner, more sustainable financial ecosystem.
