Learning Center

Learning Center

The benefits of participation in a depository are:
  • Immediate transfer of securities.
  • No stamp duty on transfer of securities
  • Elimination of risks associated with physical certificates such as bad delivery, fake securities, etc.
  • Reduction in paperwork involved in transfer of securities
  • Reduction in transaction cost
  • Ease of nomination
  • Change in address recorded with DP gets registered electronically with all companies in which investor holds securities eliminating the need to correspond with each of them separately
  • Transmission of securities is done directly by the DP eliminating correspondence with companies
  • Convenience of consolidation of folios/accounts
  • Holding investments in equity, debt instruments and Government securities in a single account; automatic credit into demat account, of shares, arising out of split/consolidation/merger etc.
No. The depository has not prescribed any minimum balance. You can have zero balance in your account.
ISIN (International Securities Identification Number) is a unique identification number for a security.

 

In order to dematerialise physical securities one has to fill in a Demat Request Form (DRF) which is available with the DP and submit the same along with physical certificates one wishes to dematerialise. Separate DRF has to be filled for each ISIN number.

Yes. The process is called Rematerialisation. If one wishes to get back your securities in the physical form one has to fill in the Remat Request Form (RRF) and request your DP for Rematerialisation of the balances in your securities account.

 

 

Yes. You can dematerialise and hold all such investments in a single demat account.

  • Address : A-38, Sector-67, Noida
    Uttar Pradesh India - 201301
  • Landline No : 0120-6633205,286
  • Email : compliance@ashlarindia.com

Exchange/SEBI Registration No :

NSE-CM: INZ000203739 | NSE-F&O: INZ000203739 | NSE-CDS: INZ000203739 | MCX-SX: INZ000203739 | USE:INZ000203739 | BSE: INZ000203739 | MCX: INZ000033639 | NCDEX: INZ000033639 | ACEL/TCM/CORP/0224 | ICEX: ICEX/TCM/CORP/0312 | NSEL : 13740 | DP ID -IN303921 | SEBI Regn. No. :IN-DP-NSDL-342-2011

ATTENTION INVESTORS :

No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.”    |     "Prevent Unauthorized Transactions in your demat/trading account --> Update your Mobile Numbers/email IDs with your Depository Participant/Stock broker. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from NSDL(on the same day) /Exchange (at the end of the day) ......................issued in the interest of investors."     |     "KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."    |     (As instructed by SEBI, We hereby declare that we do engage in proprietary trading in all segment across the exchange.)
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