| 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 DepositoryServices Limited (CDSL) since 2006. As a Depository Participant, we offerdepository accounts to individual investors as well as to corporate houses, which enables them to trade in the dematerialized environment. AjconGlobal 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 Custody Value (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 | InvestorAccounts | DP Service Centres | DematCustody Quantity(INR in Million) | Demat Custody Value (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”!!!