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Depository Services
Your assets, at your finger tips
The Indian capital market went through a major transformation with the introduction of the depository system which replaced the paper-based settlement of trades. The depository system is one in which securities are held electronically and transactions are processed by book entry. In the depository system, securities are held in depository accounts similar to bank accounts. The depository system links the issuers, the depository, the depository participants (DPs), and clearing houses of stock exchanges, facilitates holding of securities in dematerialised form and effects transfers by means of account transfers. This method does away with all the risks and hassles normally associated with paperwork and also lower the cost of transactions.
99 per cent of trading of shares in India has been dematerialised. Around 7383 companies along with a host of debt instruments and commercial; papers are available for Demat.
Acumen which began its Depository operations as early as 1999, is a depository participant with NSDL, India’s first Depository. The operations of Acumen’s depository services are managed by a well-knit team of dedicated, professionally qualified staff member who leave no stone unturned in their goal of “Customer Delight”, offering you not only a host of services like demat, remat, security transfer, pledge creation but also value added services like 24X7 online holdings, transaction statements, account statements etc. - at costs that are among the most reasonable in the industry.
 
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