1

CDSL

#3355

Rank

$3.26B

Marketcap

IN India

Country

CDSL
Leadership team

Mr. Nehal Naleen Vora (CEO, MD & Director)

Mr. Girish Amesara (Chief Financial Officer)

Mr. Ramkumar Krishnan (Exec. VP and Chief of Bus. Devel., Operations & New Projects)

Products/ Services
Financial Services
Number of Employees
100 - 500
Headquarters
Mumbai, Maharashtra, India
Established
1999
Net Income
20M - 100M
Revenue
20M - 100M
Traded as
CDSL.NS
Overview
Location
Summary
Central Depository Services (India) Limited provides depository services in India. The company offers various services, such as account opening, dematerialization, processing delivery and receipt instructions, account statement, re-materialization, pledging, nomination, transmission of securities, change in address, bank account details, and SMS services for depository participants. It also provides facilities to issuers to credit securities to a shareholder's or applicants demat accounts; KYC services in respect of investors in capital markets to capital market intermediaries; facilities for holding of insurance policies in electronic form to the holders of these policies; and facilities for holding and transacting in electronic negotiable warehouse receipts. In addition, it offers services, such as electronic access to security information, electronic access to security information and execution of secured transaction, e-voting, e-notices, e-locker, and mobile application. The company serves investors through depository participants, issuer companies, capital market intermediaries, insurance companies, and warehouse service providers/warehouses. Central Depository Services (India) Limited was incorporated in 1997 and is based in Mumbai, India.
History

In February 1999, CDSL received certificate of commencement of business from Securities and Exchange Board of India . On June 30, 2017, CDSL was listed on the National Stock Exchange through Initial Public Offer making it the first and the only depository to get listed in Asia-Pacific region and only the second depository in the World to achieve this milestone.

CDSL was initially promoted by BSE Ltd. Currently, the top shareholders are BSE Limited, Standard Chartered Bank, PPFAS Mutual Fund, HDFC Bank and LIC.CDSL has in place, a robust infrastructure system with multiple back-up levels and has implemented world class information security and cyber security practices. It is thanks to the depository system that paper-based certificates, which were prone to be fake, forged and, counterfeit, resulting in bad deliveries have effectively been eliminated. CDSL offers an efficient and instantaneous transfer of securities held in electronic form in demat accounts.

Today, CDSL is an important part of the Indian Financial Ecosystem and is classified as a Market Infrastructure Institute , providing convenient, dependable, and secure depository services at affordable cost to all market participants.

Mission
CDSL is committed to providing quality services, which enable the growth and development of India's capital markets, while protecting investor rights and interests.
Vision
CDSL’s vision is to be the most admired global depository services provider by setting the highest standards of quality and customer service.
Key Team

Mr. Amit Mahajan (Exec. VP & CTO)

Mr. Nilay Rajendra Shah (Group Company Sec., Head of Legal & Compliance Officer)

Ms. Nayana Ovalekar (Exec. VP & Chief Regulatory Officer)

Mr. Yogesh Kundnani (Sr. VP of Bus. Devel.)

Mr. Vinay Madan (Chief Risk Officer)

Mr. Ashish Bhatt (VP of Operations)

Mr. Farokh Patel (VP of Audit, Inspection & Compliance)

Recognition and Awards
Most Admired Depository Company of the year 2018, Awarded by ‘Outlook Profit’. Best Performing Depository of the Year 2019, Awarded by ‘The Financial Express’. Star Performer 2020, Awarded by ‘India Infoline’.
References

Dive deeper into fresh insights across Business, Industry Leaders and Influencers, Organizations, Education, and Investors for a comprehensive view.

CDSL
Leadership team

Mr. Nehal Naleen Vora (CEO, MD & Director)

Mr. Girish Amesara (Chief Financial Officer)

Mr. Ramkumar Krishnan (Exec. VP and Chief of Bus. Devel., Operations & New Projects)

Products/ Services
Financial Services
Number of Employees
100 - 500
Headquarters
Mumbai, Maharashtra, India
Established
1999
Net Income
20M - 100M
Revenue
20M - 100M
Traded as
CDSL.NS