Depository participant
Upcoming SlideShare
Loading in...5
×
 

Depository participant

on

  • 6,180 views

All About The Depository Participants In Simple Language

All About The Depository Participants In Simple Language

Statistics

Views

Total Views
6,180
Slideshare-icon Views on SlideShare
6,178
Embed Views
2

Actions

Likes
1
Downloads
193
Comments
1

1 Embed 2

http://www.mefeedia.com 2

Accessibility

Upload Details

Uploaded via as Microsoft PowerPoint

Usage Rights

© All Rights Reserved

Report content

Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel

11 of 1

  • Full Name Full Name Comment goes here.
    Are you sure you want to
    Your message goes here
    Processing…
  • Very helpful presentation. A detailed workbook on Depository Participant can be found on http://www.PrepCafe.in
    Are you sure you want to
    Your message goes here
    Processing…
Post Comment
Edit your comment

    Depository participant Depository participant Presentation Transcript

    • DEPOSITORY• A “Depository” is a provider of facility for holding securities .• It is a kind of bank for securities like shares, debentures, bonds, etc.
    • DEPOSITORY IN INDIA• National Securities Depository Ltd. – NSDL• Central Depository Services Ltd. - CDSL
    • DEPOSITORY PARTICIPANT•Agent of the depository.•Intermediary between the depository and the investors. •Registered with SEBI.
    • CONT…• Organization – holds securities for TRADING.• Shares, Debentures, Mutual Funds, Derivatives and Commodities.
    • DEPOSITORY IN INDIA• National Securities Depository Ltd. – NSDL Having 95 lakh Demat A/c - 300 DPs in India• Central Depository Services Ltd. - CDSL – Having 65 lakh Demat A/c - 500 DPs in India
    • HOW DO DEPOSITORY OPERATE?• Interacts with its investors.• Through its agents, called Depository Participants normally known as DPs.• By opening Demat A/C WITH DPS• Agreement to be made between the parties.
    • IMPORTANT POINTS• Registered owner of Securities- Physical certificates – INVESTOR electronic form- DEPOSITORY• Beneficial Owner (BO) - INVESTOR
    • SERVICES PROVIDED BY THE DEPOSITORY• Dematerialisation ( demat) - converting physical certificates to electronic form• Rematerialisation ( remat) is reverse of demat.• Transfer of securities, change of ownership.
    • BENEFITS OF DEPOSITORY• Immediate transfer of shares• No stamp duty on such transfers• Reduced transaction cost• Transparency
    • BENEFITS (CONT…)Elimination of risks - associated in dealing withPhysical certificates - loss / theft / forgery /etc.