Company Profile

National Securities Depository Limited, together with its subsidiaries, provides depository services in India. It operates through Depository, Database Management Services, and Banking Services segments. The company provides SPEED-e for demat account holders for direct online submission of instructions; IDeAS for viewing balances and transactions; SPICE for clearing members to submit instructions for the clients who have given power of attorney (POA) and to streamline auto pay-in instructions; and STeADY for brokers to deliver/submit electronic contract notes. It also offers value-added services comprising DPM plus, delivery instruction management system, STP navigator, auto download, and eSigner; digital integration products consisting of digital LAS, demat account validation, MF conversion and redemption APIs, eDIS and margin pledge, and open architecture system; and issuer service offerings, such as issuer companies, e-AGM, e-voting, tax services, direct payout mechanism, and reference data products, as well as online platforms for issuances, including CP issuance platform, issuer portal, security and covenant monitoring, system-driven disclosure, FPI monitor, and corporate bond database. In addition, the company provides account maintenance, dematerialization, rematerialization, and transmission/nomination; market, off market, and inter-depository transfers; depository account validation; consolidated account statement; auto delivery out; dividend distribution; and stock lending and borrowing services. Further, it is involved in electronic infrastructure for dematerialization of securities; facilitation of electronic settlement of trades; and set-up of system infrastructure, connectivity, software application, and database management systems. The company was formerly known as NSDL Depository Limited and changed its name to National Securities Depository Limited in January 2013. National Securities Depository Limited was founded in 1996 and is headquartered in Mumbai, India.