Kindly Advice

Dear All,

One of my uncle have some physical share certificate which are purchesed through IPO during 1992 - 1995, but now when he goes for demat, following certificates were send back to him by the DP.

I am giving below the list -

1. SARALA GEMS LIMITED
2. GANESH FOUNDRY & CASTINGS LIMITED
3. ATUL GLASS INDUSTRIES LIMITED
4. SOLIDAIRE INDIA LIMITED
5. BTW INDUSTRIES LIMITED
6. REAL VALUE APPLIANCES LIMITED
7. WESTERN FOODS LIMITED
8. SHEEL INTERNATIONAL LIMITED
9. SURYA MORPHY RICHARDS LTD
10.VEGPRO FOODS & FEEDS LIMITED
11.RELIANCE POLYPROPYLENE LIMITED
12. NOVA UDYOG LIMITED
13. DAURALA ORGANICS LIMITED.

Any body can advice whether he should through all/some of these certificates to waste paper box or some certificate may have some value - how to proceed for getting them demat.

Looking forward for your advice/help/suggession and news on those scripts.

Warm Regards
Chandanatip

In simple words
If you demat the old certificates they (Depository Participant) will issue the DP a/c number i.e. DP Id after the succesfull demat of the certificates (provided the companies should exist and listed in bse or nse),
Its just like a opening a bank account in which shares are deposited instead of money.
Share certificates are returned back in case the companies are de-listed from bse and nse.
You can check the company at Bombay Stock Exchange - BSE site for SENSEX, stock quotes and market trend and National Stock Exchange of India Ltd. for its share price (only check these sites as other sites may not show all the stocks).
click on List Of Companies to see the companies listed category wise in BSE.
You can also check the companies which are renamed in last 10-20 years whose physical certificate you might still be holding.
DP's like Indiabulls and Icicidirect can help you demat as well as open your online trading account for trading online after demat of your physical shares.

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