Depository Participants

The depository system forms one of the fundamental pillars of the Indian stock market. Depository Participants (DPs) are crucial as they form the essential link between investors and central depositories; thereby providing a safe, efficient, paperless way to hold and trade securities electronically (dematerialized). They manage your demat account, process transactions, handle corporate actions (like bonuses), and eliminate risks of physical certificates, making investing convenient, transparent, and cost-effective by bridging the gap between you and the market infrastructure.
DPs (like banks, brokers) open and manage your Demat account, your gateway to holding shares, bonds, etc., electronically while also enabling seamless buying, selling, and transfer of securities, updating...