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 Depository Services
DEPOSITORY SERVICES

Depository Participants (DP) offers a safe & convenient way to hold securities in electronic form. It offers freedom from delays, forgeries, settlement risk and paper work. Ajcon Global is a participant of Central Depository Services Limited (CDSL) since 2006. As a Depository Participant, we offer depository accounts to individual investors as well as to corporate houses, which enables them to trade in the dematerialized environment. Ajcon Global is the link between the investor and CDSL and all investors of Ajcon Global by availing these services can utilize the services offered by CDSL.

These services are ancillary to the main businesses of the Company. Besides being an additional source of income for the Company, it has smoothened the functioning and operational work of the Company and its clients.

 

A Depository is an organization which holds investors' securities in electronic form. The depository also provides services related to various transactions in such securities. A depository interfaces with its investors through Depository Participants. Depository Participants maintain investors' accounts (demat accounts) which are similar to Savings Bank/Current accounts with a Bank. Purchase and sale of securities can be done through demat account.  Presently there are two main depositories in India viz., NSDL (National Securities Depository Limited) and CDSL (Central Depository Services Ltd).

The Statistical Data for the Two Depository as on Dec 31, 2015 are as follows;

 

Depository

No of Companies

Investor Accounts DP Service Centres Demat Custody
Quantity (In Crores)
Demat CustodyValue (Rs. In Crores)

Depository Participants

National Securities Depository Ltd
(NSDL)

15,121

1,42,97,625

25,793

10,36,895

119,29,978

272

Source: https://nsdl.co.in/about/statistics.php

 

Depository

No of Companies

Investor Accounts DP Service Centres Demat Custody
Quantity (INR in Million)
Demat CustodyValue (INR in Million)

Depository Participants

Central Depository Services Ltd (CDSL)

8,778

1,04,19,426

16,359

2,22,810

1,39,04,090

578

Source: https://www.cdslindia.com/

 

AVAIL OUR DEPOSITORY SERVICES TO EXPERIENCE A HASSLE FREE DEMAT SERVICES, PLEASE CONNECT WITH US ON ajconretail@ajcon.net or ajcondp@ajcon.net FOR OPENING YOUR DEMAT ACCOUNT”!!!

 
 
   
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