Abhipra Capital Limited is Depository Participant (DP) with National Securities Depository Limited (NSDL) and Central Depository Services (India) Limited (CDSL) and provides entire range of services since 1999.
Depositories Act, 1996 enabled the Depository Architecture, whereby securities can be stored in electronic form with SEBI registered Depositories through their registered Depository Participants. The Act allows Banks, financial institutions, stock-brokers or clearing houses to become a Depository Participant in India by registering with National Securities Depository Limited (NSDL) and Central Depository Services (India) Limited (CDSL). Both of these depositories are registered with Securities and Exchange Board of India (SEBI).
An investor need to open an account with a Depository Participant (DP) to avail of the depository services. Depository Participants (DP) are providing following services :
Depository Services leads to various benefits to the investors