Zerodha’s Nitin Kamath Simplifies the Dematerialization of Physical Share Certificates

Nitin Kamath, CEO of Zerodha, has set up a dedicated team to help investors convert forgotten physical share certificates to demat form, making the process easier and more accessible.

DematerializationZerodhaPhysical SharesSebiDemat FormReal Estate NewsJun 18, 2025

Zerodha’s Nitin Kamath Simplifies the Dematerialization of Physical Share Certificates
Real Estate News:Last week, a Chandigarh man discovered forgotten share certificates of JSW Steel that his father had purchased in 1990 for Rs 1 lakh. These shares are now worth approximately Rs 80 crore. This is just one of many stories emerging in India about finding forgotten physical share certificates.

However, the Securities and Exchange Board of India (SEBI) no longer accepts physical certificates, and investors are required to dematerialize them into electronic form. Recognizing the time-consuming and tedious nature of the dematerialization process, Zerodha has established a dedicated team to assist such investors.

Nitin Kamath, the Chief Executive Officer of Zerodha, expressed his commitment to helping investors on X (formerly Twitter). “We’ve set up a dedicated team to assist with the dematerialization process. You don’t need to be a @zerodhaonline customer or even have an account with us; we’ll still help you convert your physical shares to demat,” Kamath stated in a post on X.

Zerodha has outlined the requirements and process for dematerializing old purchased shares on its website. Customers need to courier all necessary documents, including the Completed Dematerialisation Request Form (DRF), a self-attested PAN card copy, original share certificates, and address proof documents of the investor.

The company explains that it will process the documents, and the dematerialization process could take up to 25 days. Zerodha has also listed its charges, which include Rs 50 plus 18 percent GST per share certificate and Rs 100 plus 18 percent GST for the courier fee per request.

While there is no specific last date for dematerializing physical shares, SEBI has strongly encouraged investors to convert their physical shares to demat form. This process not only enhances security but also provides greater convenience. In demat form, investors can receive dividends directly into their bank accounts, making the investment process more streamlined and efficient.

Zerodha’s initiative to simplify the dematerialization process is a significant step towards making the Indian stock market more accessible and user-friendly. By providing dedicated support, Zerodha is helping investors unlock the value of their forgotten shares and ensuring that they can benefit from the modern, digital financial ecosystem.

For more information on the dematerialization process and to access the necessary forms, investors can visit Zerodha’s official website. Zerodha, a leading online stockbroker in India, is committed to providing innovative solutions to enhance the investment experience for all.

Frequently Asked Questions

What is dematerialization of shares?

Dematerialization of shares is the process of converting physical share certificates into electronic form. This electronic form, known as demat form, is stored in a demat account and is more secure and convenient for investors.

Why is SEBI encouraging the dematerialization of physical shares?

SEBI is encouraging the dematerialization of physical shares to enhance security, reduce the risk of loss or theft, and make the investment process more convenient for investors. In demat form, investors can easily manage their shares and receive dividends directly into their bank accounts.

What documents are required for dematerialization?

To dematerialize physical shares, you need to provide the Completed Dematerialisation Request Form (DRF), a self-attested PAN card copy, original share certificates, and address proof documents of the investor.

How long does the dematerialization process take?

The dematerialization process can take up to 25 days from the time all required documents are submitted. This includes the time taken to process the documents and complete the conversion to demat form.

What are the charges for dematerializing shares through Zerodha?

Zerodha charges Rs 50 plus 18 percent GST per share certificate and Rs 100 plus 18 percent GST for the courier fee per request. These charges cover the processing and courier costs associated with the dematerialization process.

Related News Articles

Decline of Affordable Housing: A Growing Concern in India's Real Estate Market
real estate news

Decline of Affordable Housing: A Growing Concern in India's Real Estate Market

Affordable housing supply drops 38% in top 8 Indian cities

May 26, 2024
Read Article
Rajasthan RERA Cracks Down on Builders: Submit Architectural Drawings and Separate Bank Accounts Now
Real Estate

Rajasthan RERA Cracks Down on Builders: Submit Architectural Drawings and Separate Bank Accounts Now

Rajasthan Real Estate Regulatory Authority directs builders to submit detailed architectural drawings and open three separate bank accounts for each project.

June 13, 2024
Read Article
Ahmedabad's Real Estate Boom: 13% YoY Increase in Housing Prices
Real Estate

Ahmedabad's Real Estate Boom: 13% YoY Increase in Housing Prices

Ahmedabad sees significant rise in housing prices, driven by demand for affordable and mid-segment properties. Infrastructure improvements and influx of new residents contribute to the growth.

September 1, 2024
Read Article
Indian Housing Market Sees 11% Decline in New Launches, Sales Down 18% in Top 9 Cities
real estate news

Indian Housing Market Sees 11% Decline in New Launches, Sales Down 18% in Top 9 Cities

PropEquity's data reveals a slowdown in the Indian housing market, with new launches and sales declining in top 9 cities. NCR is the only region to experience growth in both new property launches and sales.

September 22, 2024
Read Article
Maharashtra's Residential Real Estate Market Sees Significant Inventory Overhang Reduction
Real Estate Pune

Maharashtra's Residential Real Estate Market Sees Significant Inventory Overhang Reduction

The Mumbai Metropolitan Region (MMR) and Pune, two of Maharashtra's most prominent real estate markets, have contributed significantly to the state's residential inventory overhang reduction.

September 30, 2024
Read Article
Tesla Set to Open India’s First Showroom in Mumbai’s BKC
Real Estate Mumbai

Tesla Set to Open India’s First Showroom in Mumbai’s BKC

BKC, Mumbai, known for being one of India's most expensive commercial real estate hubs, is set to welcome Tesla’s first showroom in the country. This move marks a significant step for the electric vehicle (EV) giant as it eyes the Indian market.

March 2, 2025
Read Article