equity shares


A Demat account lets you buy and sell shares, stocks, and equities in the stock market. As of 2001, the stock exchange in India has gone electronic. The trade is conducted largely via telephone and orders are processed electronically within minutes and even seconds.

If you are a trader, a few seconds can change the whole picture of what a day in trading looks like for you. And to ensure seamless processing of trade orders, it is important to have a mechanism in place that lets you hold and trade in assets conveniently.

Keeping this in mind, the system on Demat (dematerialized) accounts was adopted to make the process of trading electronic. A Demat account can hold all your shares, debts, and equities, all at one place.

In India, you need to have a Demat account to be able to buy or sell stocks, shares, or equities in the stock market, according to SEBI guidelines.

But apart from the obligatory needs, having a Demat account is beneficial in many other ways as well. This is how.

  1. Paperless transactions

 A Demat account lets you hold equities and shares electronically. This process is entirely paperless and hence more convenient to handle.

It also eliminates the risks involved in dealing with paper shares like the risk of losing your shares, physical depreciation, fake securities, delays, displacement, or theft.

  1. Less Paperwork and reduced charges

 Holding your purchased shares in a Demat account means lesser paperwork and a more convenient transfer of securities. It also helps you cut brokerage charges compared to the previous rates of brokerage incurred on paper transactions.

  1. All your information at one place

 A Demat account holds all your information at one place. Information like your address, passwords, contact details, and a history of all your transactions.

Any change in your information linked to a Demat account once notified to the depository participant or the firm that provides brokerage services to you is automatically intimated to all the companies that you hold shares in.

  1. Direct transfers 

 A Demat account facilitates direct transfers in case of a credit arising out of a split or a bonus, or consolidation or a merger.

All these transmissions are taken care of by the broker or depository participant and there is no need for the client to take stock of everything happening with each of the companies that they hold shares or equities of.

  1. Ease of business and remote work

 Since Demat accounts function electronically, it enables the traders to work remotely or from home without the need for them to be physically present for every transaction that takes place.

This means that multiple transactions can now be performed in the time that was previously consumed in a non-electronic transaction.

It also helps in trading am odd lot of shares which was a major problem with the previous mechanisms. You can now trade with just one share and still make a profit.

Demat account benefits companies as well as the depository participant system means that they do not have to deal with all their share/equity holders separately and can just interact with the agents for a seamless transaction experience.

Gill Broking makes your Share Investment & Trading Experience simple with major exchanges like NSE & BSE.

Open Trading Account Now @ https://www.gillbroking.com/open-an-account/


Start Trading Now

Share this Post

Get The Latest Updates

Related Posts

The Share Market A Guide to Trading (2)

The Share Market: A Guide to Trading – Gill Broking

It is, therefore, important to learn both the pros and cons of intraday trading to get a better idea of how this market works and how exactly you can grow your money. In this post, we will walk you through a few advantages and disadvantages of intraday trading. So, keep reading to learn more.

• Beware of fixed/guaranteed/regular returns/ capital protection schemes. Brokers or their authorized persons or any of their associates are not authorized to offer fixed/guaranteed/regular returns/ capital protection on your investment or authorized to enter into any loan agreement with you to pay interest on the funds offered by you. Please note that in case of default of a member claim for funds or securities given to the broker under any arrangement/ agreement of indicative return will not be accepted by the relevant Committee of the Exchange as per the approved norms.
• Ensure that pay-out of funds/securities is received in your account within 1 working day from the date of pay-out.
• Be careful while executing the PoA (Power of Attorney) – specify all the rights that the stock broker can exercise and timeframe for which PoA is valid. It may be noted that PoA is not a mandatory requirement as per SEBI / Exchanges.
• Register for online applications viz Speed-e and Easiest provided by Depositories for online delivery of securities as an alternative to PoA.

• Do not keep funds idle with the Stock Broker. Please note that your stock broker has to return the credit balance lying with them, within three working days in case you have not done any transaction within last 30 calendar days. Please note that in case of default of a Member, claim for funds and securities, without any transaction on the exchange will not be accepted by the relevant Committee of the Exchange as per the approved norms.

• Check the frequency of accounts settlement opted for. If you have opted for running account, please ensure that your broker settles your account and, in any case, not later than once in 90 days (or 30 days if you have opted for 30 days settlement). In case of declaration of trading member as defaulter, the claims of clients against such defaulter member would be subject to norms for eligibility of claims for compensation from IPF to the clients of the defaulter member. These norms are available on Exchange website at following link: NSE, MCX

• Brokers are not permitted to accept transfer of securities as margin. Securities offered as margin/ collateral MUST remain in the account of the client and can be pledged to the broker only by way of ‘margin pledge’, created in the Depository system. Clients are not permitted to place any securities with the broker or associate of the broker or authorized person of the broker for any reason. Broker can take securities belonging to clients only for settlement of securities sold by the client.

• Always keep your contact details viz. Mobile number/Email ID updated with the stock broker. Email and mobile number is mandatory and you must provide the same to your broker for updation in Exchange records. You must immediately take up the matter with Stock Broker/Exchange if you are not receiving the messages from Exchange/Depositories regularly.

• Don’t ignore any emails/SMSs received from the Exchange for trades done by you. Verify the same with the Contract notes/Statement of accounts received from your broker and report discrepancy, if any, to your broker in writing immediately and if the Stock Broker does not respond, please take this up with the Exchange/Depositories forthwith.

• Check messages sent by Exchanges on a weekly basis regarding funds and securities balances reported by the trading member, compare it with the weekly statement of account sent by broker and immediately raise a concern to the exchange if you notice a discrepancy.

• Please do not transfer funds, for the purposes of trading to anyone, including an authorized person or an associate of the broker, other than a SEBI registered Stock broker.

• Do not deal with unregistered intermediaries (who are not registered with SEBI/Exchanges).

Names and contact details of all Key Managerial Personnel including Compliance Officer

Sr. No.Name of the IndividualDesignationContact NumbersEmail Id
1 Charanpreet GillCEO/MD011-40345555admin@gillbroking.com
2 Charanpreet GillWhole Time Director011-40345555gillbroking@gmail.com
3 Charanpreet GillCompliance officer011-40345555compliance@gillbroking.com
4Manpriya GillDesignated Director-1011-40345555manngill04@gmail.com
5Kewal GillDesignated Director-2011-40345555fvwealth@gmail.com

We are here to assist you !
Fill out the form and Start Trading...