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eStamping Share Certificates – Expertvuw
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Share Certificates, E-Stamping and Dematerialisation

Last updated: 2 October 2026

When a company issues shares, it must issue share certificates — or credit the shares in demat form — and pay the stamp duty that applies. Our team prepares the certificates, arranges e-stamping and, for companies covered by the demat rules, coordinates with the depository.

Overview

Share certificates, stamp duty and demat

Under the Companies Act, 2013, share certificates are issued in Form SH-1 within two months of incorporation for subscribers, and within two months of allotment for later issues. They are signed as required under the Share Capital Rules and entered in the register of members.

  • Stamp duty on issue of shares is payable under the Indian Stamp Act as amended from 1 July 2020, and is commonly paid through e-stamping in the state concerned.
  • Stamp duty on transfer of shares is 0.015% of the consideration.
  • Private companies that are not small companies must issue and transfer securities only in demat form — the deadline for this was 30 June 2025. They need an ISIN and must reconcile their share capital with the depositories every half-year.

From 1 December 2025, a private company with paid-up capital up to ₹10 crore and turnover up to ₹100 crore is a small company and is not covered by the demat requirement.

Based on the Companies Act, 2013, the Share Capital and Prospectus Rules and the Indian Stamp Act, 1899 as amended. Last updated: 27 September 2026.

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What This Service Covers

What our share certificate service covers

1

Share certificates in Form SH-1 for subscribers and new allotments

2

Calculation and payment of stamp duty, including e-stamping

3

Register of members updated for every issue

4

ISIN, depository and RTA coordination for demat companies

5

Duplicate certificates for lost or damaged ones

Key facts at a glance

SH-1

Form of share certificate

2 months

To issue certificates after incorporation or allotment

0.015%

Stamp duty on transfer of shares

30 June 2025

Demat deadline for non-small private companies

₹10 cr / ₹100 cr

Small company limits from 1 December 2025

Half-yearly

Share capital reconciliation for demat companies

Common Issues

Where share certificates commonly go wrong

Missing or unstamped certificates surface at due diligence.

Certificates never issued

Shares allotted but no certificates issued or stamped.

Stamp duty unpaid

Certificates issued without paying the applicable stamp duty.

Demat rules missed

A non-small private company still issues or transfers shares in physical form.

Related Services

Related services

Share certificates connect to every change in your cap table.

Share Transfer

Transferring shares correctly.

Fundraising Compliance

Issuing new shares.

Rights Issue

Offering shares to existing members.

Statutory Registers

Register of members.

Documents Required

Documents we need from you

Company Documents

Shareholder Details

Our Process

How we handle share certificates

1

Review

We check which shares need certificates and whether demat rules apply.

2

Stamp duty

Stamp duty calculated and paid through e-stamping.

3

Certificates

SH-1 certificates prepared for signing.

4

Board approval

Issue approved and certificates signed.

5

Registers

Register of members updated.

6

Demat

ISIN and depository steps for companies covered by the rules.

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Lost Certificates

Duplicate and replacement certificates

Lost, torn or defaced certificates can be replaced following a set procedure.

Lost certificates

Indemnity and affidavit from the holder; board approval for a duplicate.

Defaced certificates

Replacement on surrender of the old certificate.

Timeline

Duplicates are issued within the period set by the Rules.

Demat option

Holders may convert to demat instead of taking a duplicate.

Get in Touch

Share your query and our team will reply during business hours.






    FAQs

    Frequently Asked Questions

    When must a company issue share certificates?

    Within two months of incorporation for subscribers, and within two months of allotment for later issues.

    0.015% of the consideration, under the Indian Stamp Act as amended from 1 July 2020.

    Private companies that are not small companies must issue and transfer securities only in demat form; the deadline was 30 June 2025.

    From 1 December 2025, a private company with paid-up capital up to ₹10 crore and turnover up to ₹100 crore.

    By applying to the company with an indemnity and affidavit; the board approves the issue of a duplicate.

    About Expertvuw

    Who handles your case

    CS Chetna Shoor, Company Secretary and Director, Expertvuw

    CS Chetna Shoor

    ACS – Director, Expertvuw Management Pvt Ltd

    This work is handled by Expertvuw’s team, with filings made on the MCA portal. Certifications and audits required by law are issued by independent practising professionals engaged for your case.

    Expertvuw Management Pvt Ltd