Applicability
Small company or not, checked.
All roc & corporate compliance services
ROC & Corporate Compliance
Dematerialisation of Shares
Private companies other than small companies must issue and transfer their securities in demat form. FinAura checks whether Rule 9B applies to you, arranges the ISIN and depository connection through a registrar and transfer agent, helps shareholders open demat accounts and converts physical certificates, so your next allotment or transfer is not held up.
- Certification through associate practising CAs and CSs
- Bangalore and across India
- Reply within one business day
What is covered
What Dematerialisation of Shares Covers
From physical certificates to the depository.
RTA and ISIN
Registrar appointed, ISIN obtained.
Depositories
Connection with NSDL and CDSL.
Shareholders
Demat accounts and requests.
Conversion
Physical certificates cancelled.
Ongoing
Reconciliation and reporting.
How the month runs
How It Works
Check, connect, convert, maintain.
Step 1
Check
- Rule 9B applies?
- Records
- Shareholders
Step 2
Connect
- RTA appointed
- ISIN
- Depositories
Step 3
Convert
- Demat accounts
- Requests
- Certificates cancelled
Step 4
Maintain
- Reconciliation
- Filings
- New issues in demat
Your part
What We Need From You
- 01Register of members and share certificates
- 02Latest financial statements
- 03Shareholders' contact details
- 04Board approval
Our part
What You Get
- A clear answer on applicability
- ISIN and depository connection
- Shares held in demat
- Future issues and transfers unblocked
A common question
Does Rule 9B apply to my company?
It applies to private companies other than small companies and government companies. Whether a company is small depends on its paid-up capital and turnover as defined in the Act, checked on its latest audited accounts.
A company that is covered cannot issue or allow transfer of securities unless they are in demat, so it is best done before the next funding round or transfer.
See share allotment filingsDematEvery shareholder
DepositoryISIN and RTA
PhysicalCertificates
Who it is for
Who It Is For
Growing private companies
No longer small.
Startups before a round
Allotments need demat.
Companies with share transfers
Transfers need demat.
Family companies
Old physical certificates.
The rules, in plain English
What the Law Says
Companies (Prospectus and Allotment of Securities) Rules, 2014
Rule 9B
Private companies other than small companies issue and transfer securities only in dematerialised form, and their promoters and directors hold them in demat.
Official source: mca.gov.inThis is general information, not advice for your situation; we confirm what applies to you before any work starts.
Questions we get asked
Dematerialisation of Shares: Questions, Answered
Is demat mandatory for private companies?
For private companies other than small companies, yes, under Rule 9B of the Companies (Prospectus and Allotment of Securities) Rules, 2014.
What is an ISIN?
An international securities identification number that identifies the company's shares in the depository system.
Do all shareholders need demat accounts?
Shareholders need demat accounts to hold the shares in demat; promoters and directors must hold theirs in demat.
Who is a registrar and transfer agent?
An agency registered with SEBI that connects the company with the depositories and maintains its shareholder records.
Often Taken Together
All 14 ROC & Corporate Compliance services01ROC & Corporate ComplianceShare Allotment, Transfer and ESOP FilingsAllotments, transfers, buy-backs and ESOP grants documented and filed with the Registrar in the required time.02ROC & Corporate ComplianceStatutory Registers and MinutesRegisters, board minutes and resolutions kept up to date, so an inspection or due diligence holds no surprises.03Accounting & FinanceVirtual CFOA Chartered Accountant reading your numbers, planning cash and guiding decisions.04Startups, Setup & GrowthAdvisory & Special ProjectsDue diligence, restructuring, CMA data and family business advisory, scoped as projects.