A Depository facilitates holding of securities in the electronic form and enables securities transactions to be processed by book entry. The Depository Participant (DP), who as an agent of the depository, offers depository services to investors. According to SEBI guidelines, financial institutions, banks, custodians, stockbrokers, etc. are eligible to act as DPs. The investor who is known as beneficial owner (BO) has to open a demat account through any DP for dematerialisation of his holdings and transferring securities.
The balances in the investors account recorded and maintained with CDSL can be obtained through the DP. The DP is required to provide the investor, at regular intervals, a statement of account which gives the details of the securities holdings and transactions. The depository system has effectively eliminated paper-based certificates which were prone to be fake, forged, counterfeit resulting in bad deliveries. CDSL offers an efficient and instantaneous transfer of securities.
CDSL was initially promoted by BSE Ltd. which has thereafter divested its stake to leading banks as Sponsors of CDSL.
CDSL was set up with the objective of providing convenient, dependable and secure depository services at affordable cost to all market participants.
Incorporated in 1999, Central Depository Services (India) Limited (CDSL), a subsidiary of BSE Limited operates as a securities depository in India. They offers various services, such as account opening, dematerialization, processing delivery and receipt instructions, account statement, re-materialization, pledging, nomination, transmission of securities, change in address, bank account details and SMS services for depository participants.
CDSL also offers facilities to issuers to credit securities to a shareholder's or applicant's demat accounts; KYC services in respect of investors in capital markets to capital market intermediaries; and facilities to allow holding of insurance policies in electronic form to the holders of these insurance policies of various insurance companies.
In addition, they provides other online services, such as e-voting, e-locker, national academy depository, electronic access to security information, electronic access to security information and execution of secured transaction, drafting and preparation of wills for succession, and mobile application and transactions using secured texting. It serves investors through intermediaries, such as depository participants, issuer companies, registrar and transfer agents, beneficial owners, and clearing members.
| Particulars | 31-Mar-17 | 31-Mar-16 | 31-Mar-15 | 31-Mar-14 | 31-Mar-13 |
|---|---|---|---|---|---|
| Total Assets (In ₹ Millions) | 6,072.44 | 5,529.90 | 5,114.53 | ||
| Total Revenue (In ₹ Millions) | 1,868.51 | 1,613.36 | 1,454.69 | ||
| Profit After Tax (PAT) (In ₹ Millions) | 865.85 | 911.25 | 574.91 |
| Date & Time | QIB | NII | RII | Total |
|---|---|---|---|---|
| Day 1 - June 19,2017 | 0.97 | 0.61 | 3.48 | 2.09 |
| Day 2 - June 20,2017 | 6.54 | 3.36 | 10.32 | 7.55 |
| Day 3 - June 21,2017 | 148.71 | 563.03 | 23.83 | 170.16 |
Please click the link below to check the IPO allotment status.
IPO Allotment StatusCentral Depository Services (India) Limited IPO IPO will open on 19/06 and close on 21/06.
Central Depository Services (India) Limited IPO IPO will list on 30/06.
The offer price of Central Depository Services (India) Limited IPO IPO is ₹145-149.
The lot size of Central Depository Services (India) Limited IPO IPO is 100.
The Grey Market Premium (GMP) price of Central Depository Services (India) Limited IPO IPO is ₹98-102.
The Kostak price of Central Depository Services (India) Limited IPO IPO is ₹575.
The Subject to Sauda price for Central Depository Services (India) Limited IPO IPO is Not Available at the moment.
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