If you want to avail depository services, we can help you and guide you with the correct mechanism. A Depository Participant (DP) is an agent of a depository (NSDL or CDSL) authorized to offer investors depository services.

DPs are usually banks, brokerages, or financial institutions. An investor who wants to avail of the depository services has to open an account with the DP. Once the account is opened, the investor can choose to hold the securities in physical or dematerialized form.

If the investor chooses to hold the securities in dematerialized form, the securities are held in an electronic account with the depository. The DP is the link between the investor and the depository. The DP is responsible for maintaining the records of the securities held by the investor in the dematerialized form and facilitating the transfer of securities. The DP also acts as a collection center for dividends and other payments due to the investor. The DP also provides other services like safekeeping of securities, settlement of trades, etc. At Labh Investments we offer services for both NSDL and CSDL depository services.