Central Depository Services Limited

Central Depository Services (India) Ltd. (CDSL) is an Indian central securities depository, founded in 1999.^[3]

Central Depository Services (India) Limited

Company type	Public
Traded as	NSE: CDSL
ISIN	INE736A01011
Industry	Depository services[1]
Founded	February 1999 (1999-02)
Headquarters	Mumbai, India
Key people	Nehal Vora (Managing Director & Chief Executive Officer)[2]
Services	Dematerialisation of securities Transfer, clearing and settlement of securities transactions
Revenue	₹812 crore (US$96 million) (2024)
Operating income	₹488 crore (US$58 million) (2024)
Net income	₹420 crore (US$50 million) (2024)
Total assets	₹1,781 crore (US$210 million) (2024)
Total equity	₹1,463 crore (US$170 million) (2024)
Website	www.cdslindia.com
Footnotes / references Financials as of 31 March 2024[update].

CDSL is the largest depository in India in terms of number of demat accounts opened. In February 2022, CDSL became the first depository in India to open 60 million active demat accounts.^[4] As of March 2022, the depository holds assets worth ₹37.2 trillion,^[5] with over 580 depository participants associated with CDSL.^[6]

History

In February 1999, CDSL received certificate of commencement of business from Securities and Exchange Board of India (SEBI).^[7] On 30 June 2017, CDSL was listed on the National Stock Exchange (NSE) through initial public offering (IPO)^[8] making it the first depository in Asia-Pacific region and only the second depository in the world to get listed.

CDSL was initially promoted by BSE Limited. Currently, the top shareholders are BSE Limited, Standard Chartered Bank, PPFAS Mutual Fund, HDFC Bank and LIC.^[4]

See also

• National Securities Depository Limited (NSDL)
• National Stock Exchange
• Clearstream
• Euroclear