Physical form of shares

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

01 December 2011 I have got many shares in Physical form which i want to demat.
but the problem is that they r very old, some of 1980s...and they are in different names. as in those times in ipo subscription limits were present (or whatsoever reason, but they r in diff names- names are all my family relatives).
so i ll have to open multiple demat accounts, multiple opening charges, pan cards, and lots of hassels.....

is there a simpler way ?

Pls help

Regards ............rahul sethi

CA Sanjeev Kr Jain

CA Sanjeev Kr Jain (Expert)
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01 December 2011 GIFT THESE ALL SHARES TO YOUR PARENTS / CHILDREN AND THAN GET THEM DMATERLISED

Querist : Anonymous

Querist : Anonymous (Querist)

01 December 2011 thanks for ur reply.but i need the procedure to get them dematerlised

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CA Sanjeev Kr Jain

CA Sanjeev Kr Jain (Expert)
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04 December 2011 ask the bank in which you have d mate account