How Does CDSL Determine Hold?

How do I know my holding in CDSL?

‘CDSL easi’ is a portal by CDSL (Central Depository Services) where you can view and keep track of your DEMAT holdings.To register, go to https://www.cdslindia.com/ and select ‘Login to – New System Myeasi (BO/CM)’On the login page, click on Register for Easi.More items….

Is CDSL a government company?

Central Depositories Services India Ltd. (CDSL) and National Securities Depository Ltd. (NSDL) are both government registered share depositories in India.

How does CDSL make money?

CDSL has an asset light and a well-diversified business model where in 35% of revenue is fixed (annuity based) which cushions it from market volatility.

Why is CDSL share price going up?

The transaction charges surged due to high retail activity, an increase in delivery volume, and strong addition of new accounts. The COVID-19 impact was felt on KYC revenue (April and May-20) and the addition of unlisted companies,” analysts at HDFC Securities said in results update.

What is DP name?

The DP name is the depository participant’s name. … The DP ID is the number assigned to the depository participant by the depository. The DP ID is different from the 16-digit demat account number. Typically, the first eight digits of the demat account number are the DP ID.

What is DP name in CDSL?

DP stands for depository participants. There are 2 depository participants in India: CDSL and NSDL. ‘DP name’ in an online forms means whether your account is created with CDSL and NSDL. … CDSL has 16 digit ID number while for NSDL, its an alphanumeric combination with first 2 alphabets and the rest 14 digits.

How do I download a holding statement from CDSL?

How to Download e-CAS through CDSL?Steps to download e-CAS through CDSL.Step 1: Visit: https://www.cdslindia.com/cas/logincas.aspx.Step 2: Put in your PAN Card detail, BO ID (Beneficiary owner identification number it is the Demat account number allotted to the beneficiary holder(s) by DP.More items…•

How can I check my demat account details?

Upon opening the Demat Account online, a welcome letter from the depository (CDSL or NSDL) will be sent to the user which will contain all the account information including your Demat Account number. The Demat Account number is also known as Beneficiary Owner ID or BO ID in the case of the CDSL.

Which is better CDSL and NSDL?

Both NSDL and CDSL are depositories, and technically there is no difference between the two. NSDL started in 1996 vs CDSL in 1998. NSDL has NSE as its largest shareholder whereas CDSL has BSE. … NSDL holds more because of a tie up they managed to get with some of the big banks in India.

Is CDSL a good buy?

CDSL (2QFY20): Good business, rough weather. CDSL has a diversified revenue stream, ~36% of the revenue is annuity in nature and ~42% is market-linked (Transaction, IPO/corporate action and KYC).

What is the difference between CDSL and NSDL?

The only difference between both the depositories is their operating markets. While NSDL has National Stock Exchange (NSE) as the primary operating market, CDSL has Bombay Stock Exchange (BSE) as the primary market. According to industry experts, an investor can have a demat account linked to any of the depositories.

Can I have 2 demat accounts?

It is perfectly legitimate to have multiple Demat accounts just as you can have multiple trading accounts. The only condition is that you cannot have multiple trading accounts or multiple Demat accounts with the same broker or the same DP.