Our Working Procedure

1. Whatsapp/Call Us

Get the best prices for your Unlisted Shares via SMS, Call or Whatsapp

2. Process Deal

Executives will connect and assist you for the transfer of Unlisted Shares via DEMAT

3. Deal Complete

After receiving the Unlisted Shares from the seller or payment from the buyer, our executives will close the deal

CDSL

DP Name:

Share India Securities Limited

Client Id:

00069180

DP Id:

12038000

Client Name:

MITTAL PORTFOLIOS PVT. LTD.

NSDL

DP Name:

SS CORPORATE SECURITIES LTD.

Client Id:

10239278

DP Id:

IN303108

Client Name:

Mittal Portfolios Pvt. Ltd

How to Transfer Shares through CDSL Easiest ?

How to Transfer Shares through CDSL Easiest ? Click on the below mentioned link to find the youtube video containing the steps to register on Cdsl Easiest

How to Transfer Shares through Delivery Instruction Slip or Offline Mode?

For the Transferring the shares offline, Client has to fill and submit the signed copy of DIS( Delivery Instruction Slip), Off Market Annexure and Form for Addition of Beneficiary.

DELIVERY INSTRUCTION SLIP (DIS): The DIS is provided to the client by the broker in which the demat is registered. The DIS is a form wherein client needs to fill the Demat Details of the counter party, ISIN of the share and quantity which has to be transferred.

OFF MARKET ANNEXURE: This is a form that can be found and downloaded from our website or by the broker itself. This form contains all the bank details of the counter party i.e the buyer.

Form A (ADDITION OF BENEFICIARY ACCOUNT): This is a new form which has been made compulsory to be filled from 1st of January 2024 onwards. In this form the demat details and PAN Card of buyer and seller are to be filled.

After submitting the signed copies of the above documents, the client will receive two OTPs, on verifying the OTPs the share transfer will be successful and you will receive debit message for shares.

How to pay Stamp Duty?

Stamp Duty is paid by the seller of shares, its Rs15 per 1lac transaction. For example: If a person is selling shares of worth 1lac then he has to pay Rs.15 as the stamp duty.

If the seller has NSDL account he has to pay through NSDL Website.

  • Visit the NSDL website, Click on Pay stamp duty.
  • Fill in the seller Dp details and continue to payment.
  • Pay through the payment options available.

If seller has CDSL account then:

  • Open your UPI/online banking
  • Add the following account details: Use account number as: CDSD----------------(DP ID-CLIENT ID of the seller) For example: if seller has dp id as 12038000 and client id as 00069180 then account number will be: CDSD1203800000069180
    • Use account number as: CDSD----------------(DP ID-CLIENT ID of the seller) For example: if seller has dp id as 12038000 and client id as 00069180 then account number will be: CDSD1203800000069180
    • IFSC Code: ICIC0000104
    • Bank Name: ICICI Bank Ltd
    • And pay the calculated duty to this account

Tax Implications

For unlisted shares, long-term capital gains (LTCG) are taxed if the holding period exceeds 24 months, with a tax rate of 12.5% applicable without indexation benefits. In contrast, for listed shares, the LTCG tax applies to holdings held for more than 12 months. Gains up to Rs. 1.25 lakh are tax-free, while amounts exceeding Rs. 1.25 lakh are taxed at 12.5%.

For unlisted shares, short-term capital gains (STCG) are taxed if the holding period is less than 24 months, and these gains are taxed according to the investor’s applicable tax slab. In contrast, for listed shares, STCG is applicable if the holding period is less than 12 months, and such gains are taxed at a flat rate of 20% without any benefits.