Depository Services


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).

 Depositories

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 :

  • Dematerialization of physical securities into electronic form
  • Rematerialization of electronic securities into physical form
  • Electronic transfer of securities
  • Online Transfer of Securities
  • Pledging of shares

Depository Services leads to various benefits to the investors

  • Immediate settlement of trades
  • Easy storage of securities in electronic form
  • Prevents the risk of bad delivery, theft, forgery or delays etc. as against in physical securities
  • Transaction charges via depository services are lower as compared to the physical securities
  • Benefits arising as bonus, split, consolidation or merger are credited automatically into the demat account
  • Change of address, bank details etc. effected with DP are automatically updated with the corporates, whose shares an investor owns.
  • Highest level of transparency in managing securities in electronic form through depositories.