Rurash Financials Private Limited | Unlisted Equity Investments in India, Leading Stock Brokers and Stock Dealers in India

What is Dematerialization?

Dematerialization is the procedure of giving electronic format to physical shares and securities. So, open a demat account if you are looking for dematerialization of your mutual fund units, share certificates, government securities, etc. Once opened, you can get electronic shares in the demat account by surrendering your physical entities. To open a demat account; you need a depository participant (DP), who can take care of all your shares and securities in electronic format.

Like any banking services, benefits of depository services are taken through DP. Any financial institute like bank, stock-brokers, and financial corporations can work as a DP, if they are following SEBI’s norms. Currently, there are two depositories, Central Depository Services India Limited (CDSL), and National Securities Depository Limited (NSDL). Both these depositories get registered with Securities of Exchange Board of India (SEBI).

Why do you need a Demat Account?

Regulators like SEBI and market infrastructure institutions like NSE, NSDL, BSE & CDSL have been pushing for Physical Share Certificates to be dematerialized to simplify investments and investments related activities like trading and share transfers.

Dematerialization of physical shares has been an issue for both the regulators and investors since the 1990s. There was a sudden rush in the inquiries from our investors and clients about Physical to Demat Conversion when RTA suggested freezing of physical shares.

Demat Account simplifies your investment documentation. It requires efforts to maintain the paperwork and investment records. Also, electronic shares save 0.5% of stamp duty.

Physical to Demat Services we offer

  • IEPF Claim
  • IEPF Rejections
  • Transmission of Investments
  • Signature Mismatch
  • Rectify IEPF Discrepancy
  • Physical to Demat
  • Conversion of Shares
  • Unclaimed Dividends
  • Name Mismatch
  • Approval Pending in IEPF
  • Refund from IEPF


Investors may continue withholding the shares of non-listed companies. They will be able to sell or transfer those shares. However, an investor may suggest to the company for joining the NSDL/CDSL so that physical shares can be dematerialised and he can avail the corporate benefits.

If the shares are in the name of joint holders, all holders will have to open a Demat account.

The Registrar & Transfer Agents (RTA) can freeze the physical shares if it finds any holder’s name is missing. RTA will have to cancel the request for dematerialisation in case of any changes in the order of holders’ names. It means the name order should be the same as that of physical shares.

Following are steps involved in the process of recovery of IEPF shares.

Step 1: Filing to Authority by Claimant.

Step 2: Submitting the Claim to the Company.

Step 3: Submission of Claim from the Company to the IEPF Authority.

Step 4: Refund from IEPF Authority to the Claimant.

Easiest Step: Connect with the team now for RURASH for Recovery of Shares.

A shareholder can reclaim any such investment from IEPF as the IEPF authority maintains the details of all the accounts.

If the dividend declared by the company remains unpaid/unclaimed for a period of seven years, the company is required to transfer the same to IEPF. Further, all shares in respect of which dividend has not been paid/claimed for seven consecutive years or more is required to be transferred by the company in the name of IEPF.

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Explore all the benefits of a Demat Account.