CDSL Secures Historic Milestone: Surpasses 15 crore Demat Accounts, Continues its Journey as Asia's Leading Depository

The share price of CDSL is currently trading at Rs 1,189, with remarkable gains of 748 per cent over last 5 years.

Central Depository Services (India) Limited (“CDSL”), Asia’s first and only listed depository has registered more than 15 crore (150 million) demat accounts.

Central Depository Services (India) Limited (CDSL) is the foremost and sole listed depository in India, established with the goal of delivering convenient, reliable, and secure depository services at an affordable cost to all participants in the market. CDSL specializes in holding and facilitating transactions of securities in electronic form, streamlining the settlement of trades on stock exchanges.

The share price of CDSL is currently trading at Rs 1,189, with remarkable gains of 748 per cent over last 5 years. The stock has created a monopoly over the stock exchange as the 2nd depository of India is not listed on the stock exchange and is known as the National Securities Depository Limited (NSDL).

CDSL is distinguished globally as the only listed depository in Asia, managing over 15 crore+ demat accounts, partnering with more than 570+ depository participants. Committed to excellence, CDSL leverages cutting-edge technology to stay ahead in the evolving Indian capital markets, earning accolades such as the ‘Market Infrastructure of the Year’ award at the 7th Regulation Asia Awards for Excellence 2024, ‘CSD of the Year’ at the Asset Service Times – Industry Excellence Award 2023, and several others for market innovation and business transformation

CDSL along with its subsidiaries also provides a host of services to financial intermediaries and markets, these include:

Additionally, CDSL's subsidiaries offer extensive services to financial intermediaries and markets:

• CDSL Ventures Limited (CVL), a wholly-owned subsidiary, is India's first and largest KYC Registration Agency (KRA) and offers services including Registrar & Share Transfer Agent (RTA), GST Suvidha Provider (GSP), and Academic Depository.
• Centrico Insurance Repository Limited (CIRL) (formerly known as ‘CDSL Insurance Repository Limited’), registered under the Companies Act, 1956, is certified by the IRDAI as an ‘Insurance Repository’.
• Countrywide Commodity Repository Limited (CCRL) (formerly known as ‘CDSL Commodity Repository Limited’), provides electronic warehouse receipts (eNWRs or eNNWRs) for commodities stored in WDRA-registered warehouses, supporting Farmers, Farmers Producer Organizations (FPOs), and Manufacturers.

Investors should keep an eye on this Large-Cap stock.

Disclaimer: The article is for informational purposes only and not investment advice.