Regarding Issuance of Shares by a New Incorporated Private Company

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This discussion clarifies the process for paying stamp duty on share issuance for newly incorporated private limited companies. For Delhi-based companies, an online payment system via SHCIL is available, with a certificate issued post-payment. However, for Noida-based companies (Uttar Pradesh), the process remains physical, requiring a visit to the registrar office as there is no current online facility.

Rajeev Arora

Rajeev Arora (Querist)

21 June 2021 Respected Sir

We have two private limited companies, having share capital of Rs. 1 Lac each, for which we have to pay stamp duty for issue of shares of newly incorporated :-

1.One Company is Delhi based -we found https://www.shcilestamp.com/estamp_share_issuance.html (this is schil link for payment of stamp duty in case of issue of shares). Is there any need to collect documents from their office after making online payment, on this website ?

2.Other Company is Noida based - Is there any online website for this city as well without visiting any office or we will have to make payment by visiting the registrar office?

Please reply

Thanks and Regards
CA Ankita Gupta