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INVEST IN DP Transfer of shares Dematerialization & rematerialization Multiple access options

A Depository Participant is a registered Stockbroker of a Depository, e.g. CDSL Or NSDL. It is through a Depository Participant (DP) that an investor can open a Demat account and the same is maintained by DP. A Depository Participant can either be a Brokerage House, Bank, Financial Institution, or a similar entity. In simple words, the Depository Participant (DP) is the link between the depository (NSDL, CDSL) and the investors. An agreement between the Dp and the Depository regulates their relationship. It is important that the Depository Participant (DP) is registered SEBI (Securities and Exchange Board of India) and complies with all the norms and guidelines prescribed by it. The Depository is mainly concerned with the objective of reducing the settlement risk by ensuring the seamless operations involved in trading, settlement, and transfer of the Securities.

  • Dematerialization of Shares
  • Maintenance of Beneficial Holdings
  • Pledge /Unpledge of Shares
  • Electronic Credit Against Corporate Actions
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Why Choose Us
Some Reasons to work with Lakshmishree

Lakshmishree Investments & Securities Ltd (LISPL) is one of the quickest growing Stock Broking companies in India. Further, providing you with the appropriate guidance in this exciting world of the Stock Market, LISPL ensures to aid you with the ideal trading solutions. With the decades of our existence and the membership with BSE, NSE, MCX, and Depository Participant with CDSL, Lakshmishree Investment & Securities Ltd is on the urge of providing people with the Stock Trading services throughout Pan India by encouraging and facilitating every Indian to decide for their Investment structure and educating them to self-trade. Subsequently, having the in-house core Research team who dedicatedly works to assist our clients to guide them to invest in the selected stocks based on their risk and returns, LISPL renders quality research outcomes to different classes of clients as per their preferences and requirements.

Maintenance of Beneficial Holdings

Safety & Records are the priorities for Depository Participants and so are for LISPL too. Our team maintains all the transactions with connection to beneficial holdings and presents them on your account registered with us for your reference.

Pledge /Unpledge of Shares

You can log in through your account registered with us to look for your pledge/unpledged shares. Or you can also speak with our team if you land on any confusion regarding your stocks.

Electronic Credit Against Corporate Actions

Whenever any corporate actions like stock splits, dividend, rights issues happen with regard to the securities held in your account, Lakshmishree will be there to facilitate the Electronic Credit of the benefits into your accounts.

Dematerialization & Rematerialization Shares

You can easily convert your shares either through rematerialization or dematerialization from your Demat account to lock it safe as per your preferences.

Transfer of Shares

Transfer of shares is no more a hectic task for an investor, with the access of Shree Varahi App and the dedicated team, you can now easily transfer your shares wherever or whomever you seek to.

Freezing Demat accounts

If you come up with the thought of having a break from investments, here you can freeze your Demat account and you do not need to pay any charges until you are back.

24*7 Mobile App to track Portfolio Status

With the Shree Varahi App, you get to keep a watch on all your transactions or trades together for 24x7 and track your investments.

Zero Paperwork – Anytime access

With the voice of VocalForLocal, LISPL is fully digitalized, from account opening to trading and settling your investments, you can access them at any time with zero paperwork.

Dedicated Personal Advisor

No worries if you have stuck in your Stock Market journey, we have a dedicated personal advisor to guide you through.

Your All-in-one Investment Account

Open today Free trading and demat account

Improve Your Portfolio
Know-Why Portfolio Restructuring Is A Key For Profit Booking

With the decades of our presence in the Stock Market, we admire the trust you keep with us. Whereas, Investments are not just the capital for your returns but they are the stability of your future times. Therefore, maintaining your portfolio appropriately will robustly help you gain utmost stability for your profit bookings.

  • The diversified Equity Stocks will help you broaden your Investment horizon.
  • You get to minimize the risk that is involved while trading in Stock Market.
  • Here at Lakshmishree, with the team of experts, we guide you through the best for securely building your portfolio.
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Most common questions
DP - FAQs
A Depository Participant is a registered Stockbroker of an authorized depository. An agreement between the Depository Participant (DP) and the authorized Depository is the base of their relationship.
Any Stock Broker who fulfills the regulatory requirements laid down by the Depository can be eligible for being a depository participant.
CDSL AND NSDL are the main depository participants in India.
One should choose a depository participant on the basis of customer convenience, the depository participant’s reputation, and the service charges levied.
A depository can be an Institution, bank, or organization that holds securities and helps in the trading of the securities.
One can open a depository account by availing of the services offered by any financial institution that is authorized to open it on its behalf for the customers. It can be a bank or a brokering firm that holds the securities and helps in the trading of the securities.
Before you close your Demat account with your Depository Participant, please ensure the following: All your existing shares and securities are transferred to your Angel Broking Demat account All your negative cash balances (arising due to non-payment of AMC or transfer charges) are settled with the Depository Participant In order to close your existing Demat account, you will have to submit a duly filled account closure form that can be found on the website of your Depository Participant. It typically takes around 7 to 10 business days to close the account once you have completed all the required formalities.