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Depository

Depository is an institution or a kind of organization which holds securities with it, in which trading is done among shares, debentures, mutual funds, derivatives, F&O and commodities. The intermediatories perform their actions in variety of securities at Depository on the behalf of their clients. These intermediatories are known as Depositories Participants.

Fundamentally, There are two sorts of depositories in India. One is the National Securities Depository Limited(NSDL) and the other is the Central Depository Service (India) Limited(CDSL). Every Depository Participant(DP) needs to be registered under this Depository before it begins its operation or trade in the market.

Chandrakala Broking Services Pvt. Ltd. also serves the clients with depository facility. We have an association with Hem Securities Ltd. for the depository services. We provide services like:

  • Opening a Demat A/c and regular maintenance of the same.
  • Dematerialisation (usually known as demat) is converting physical certificates to electronic form.
  • Rematerialisation, known as remat, is reverse of demat, i.e. getting physical certificates from the electronic securities.
  • Transfer of securities, change of beneficial ownership.
  • Settlement of trades done on exchange connected to the Depository.

Chandrakala family will leave no stone unturned to deliver trustworthy services.

 

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