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A depository holds securities such as shares, debentures, bonds, Government securities, units etc in electronic form. At present National Securities Depository Limited (NSDL) and Central Depository Services Limited (CDSL) are the two depositories. An individual /investor who desires to avail the depository services can approach a Depository Participant (DP). Banks, financial institutions, custodians, brokers or any other entity eligible as per SEBI (Depositories and Participants) Regulations, 1996.Dalmia Securities Pvt. Ltd (Dalmia) is a depository participant of NSDL and CDSL. One can approach the nearest branch of Dalmia for opening an account.


DP facilities offered by Dalmia :

  • De-materialization:


  •   You can convert your physical shares into electronic form by surrendering     the shares for dematerialization at the Dalmia branch.
  • Re-materialization:


  •   Re-materialization enables you to convert the de-materialization shares into  physical form.
  • Transfer:


  •   You can transfer securities from one demat account to another.
  • IPOs:


  •   In case you have applied for an IPO and receive an allotment then the securities are transferred directly to your demat account. The same applies for bonus and rights issues
  • Commodity Demat Account:


  •   If you are a commodity player, you need to open a separate demat account for keeping your dematerialized commodity stocks in hand apart from the one you may have for your securities transactions. The operation of the account is almost the same as in case of securities subject to Rules and Regulations of the competent authorities.
  • Speed-e:


  •   If you register for Speed-e services, then transfer instructions can be placed online over the Internet to pre-notified Clearing Members Pool account. This does away with the need to submit a physical delivery instruction slip.
 
   
  Research | Derivatives | IPO
  Mutual Funds | DP Services
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