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ndiabulls Group is one of the top business houses in the country with business interests in Real Estate,
nfrastructure, Financial Services, Retail, Multiplex and Power sectors. ndiabulls Group companies are listed in
ndian and overseas financial markets. The Networth of the Group exceeds USD 2 billion. ndiabulls has been
conferred the status of a "Business Superbrand by The Brand Council, Superbrands ndia. ndiabulls Financial
Services is an integrated financial services powerhouse providing Consumer Finance, Housing Finance, Commercial
Loans, Life nsurance, Asset Management and Advisory services. ndiabulls Financial Services Ltd is amongst 68
companies constituting MSC - Morgan Stanley ndia ndex. ndiabulls Financial is also part of CLSA's model portfolio
of 30 Best Companies in Asia. ndiabulls Financial Services signed a joint venture agreement with Sogecap, the
insurance arm of Societ Generale (SocGen) for its upcoming life insurance venture. ndiabulls Financial Services in
partnership with MMTC Limited, the largest commodity trading company in ndia, is setting up ndia's 4th Multi-
Commodities Exchange. ndiabulls Real Estate Limited is ndia's third largest property company with development
projects spread across residential projects, commercial offices, hotels, malls, and Special Economic Zones (SEZs)
infrastructure development. ndiabulls Real Estate partnered with Farallon Capital Management LLC of USA to bring
the first FD into real estate. ndiabulls Real Estate is transforming 14 million sqft in 16 cities into premium quality,
high-end commercial, residential and retail spaces. ndiabulls Real Estate has diversified significantly in the following
business verticals within the real estate space: Real Estate Development, Project Advisory & Facilities Management:
Residential, Commercial (Office and Malls) and SEZ Development. Power: Thermal and Hydro Power Generation.
ndiabulls Securities Limited is ndia's leading capital markets company with All-ndia Presence and an extensive
client base. ndiabulls Securities possesses state of the art trading platform, best broking practices and is the pioneer
in trading product innovations. Power ndiabulls, in-house trading platform, is one of the fastest and most efficient
trading platforms in the country. ndiabulls Securities Limited is the first and only brokerage house to be assigned the
highest rating BQ 1 by CRSL.
Indiubolls emut Accoont
Indiabulls is one of the stock brokers of India. It is a real estate company with financial service.
Indiabulls Demat account offers the flexibility of placing orders either by calling, logging at the website
or visiting the office in person. The service managers and relationships manager are always there to
help the customers of the company. The power Indiabulls trading terminal which has a great speed
needs an installation. Indiabulls Demat account also provides online gateways with the leading banks.
To open an Indiabulls Demat account one needs to submit the following
documents:
W Photocopy of pan card.
W Proof and details of bank account which is to be linked with the Demat account.
W One passport size photograph.
W Photocopy of telephone bill or driving license or pan card as residence proof.
The main features of Indiabulls Demat account are:
W Quite a less brokerage.
W Powerbulls trading terminal is very fast.
W Indiabulls facilitates the application of ongoing IPOs through online and offline channels.
W It also provides portfolio tracker through which one can track the profits and losses daily.
W A team is there to publish equity analysis report to help the customers and gain more and more
interest.
W Digitally signed electronic contract notes are available within 24 hours.
W MPIB pr Mobile Power India Bulls is facilitated for its customers to check the records through their
mobile phones.
W The news room of the company provides real time news from stock markets and other economy
sectors.
W The account opening fees as applicable are Rs 1200 which is non refundable. RS 250 is the charge of
equity trading account opening charge. Rs 200 are Demat account opening charge. Rs 750 are the
charges for software changes.

Indiabulls was incorporated in 2000, and became Indiabulls Financial Services Limited as a Public Limited
Company in 2004. Today it enjoys a leading position in finance and real estate services in India. Presently
its expanse includes around 640 branches and over 4.5 Lacs customers.

Indiabulls Financial Services Ltd. has listings in National Stock Exchange (NSE), Bombay Stock Exchange
(BSE) and Luxembourg Stock Exchange. The net worth of Indiabulls in the present financial year is 510
million US Dollars. Some of the largest financial institutions like Fidelity Funds, Goldman Sachs, Merrill
Lynch, Morgan Stanley, and Farallon Capital are the majority shareholders in Indiabulls.

Indiabulls stepped into the real estate market as Indiabulls Real Estate Limited (IREL) in 2005. A joint
venture between Indiabulls and a US based investment major Farallon Capital Management LLC resulted in
bringing FDI (Foreign Direct Investment) for the first time in the Indian Real Estate Market. Another joint
venture amongst Indiabulls and DLF, Kenneth Builders and Developers (KBD), has brought up projects for
development of residential apartments.

The products and services offered include securities, credit services, Demat account for share trading, fast
loans, moneycontrol services, mutual fund news, commodity and realty retail and review along with
technical analysis of the market.

Indiabulls offers you the updated, reliable and factual research-based analysis of the stock market as equity
research forms. These help you in deciding which stock or share to invest in. India bulls also provide
commodity brokerage services under Indiabulls commodities private limited (ICPL). It deals in research
work and formation of reports on agri-commodites and metals. ICPL has one of the largest retail branch
networks in the country.

The security offering at Indiabulls include equity research, commodities, Internet trading and online IPO
(Initial Public Offer). Indiabulls Consumer Finance Services cover personal loans, auto loan, commercial
vehicle loans and mortgage services include home loans and loans against property.

Internet trading facility is also available on the Indiabulls website. Also get online corporate news and market
reports along with the major gainers and losers and top traded shares in Nifty and Sensex.

The careers at Indiabulls include finance, technical; security and customer care profiles as the most sought
after jobs. Any career opportunity with Indiabulls is declared on the official website of the company. India
bulls.com also provides info on the annual reports of the company, its history and current profile. You can
login to your online trading account and get info on the market news and also the brokerage charges and
rates.
n ndia, a demat account, the abbrevation for dematerialised account, is a type of banking account
which dematerializes paper-based physical stock shares. The dematerialised account is used to
avoid holding physical shares: the shares are bought and sold through a stock broker.

This account is popular in ndia. The Securities and Exchange Board of ndia (SEB) mandates a
demat account for share trading above 500 shares. As of April 2006, it became mandatory that any
person holding a demat account should possess a Permanent Account Number (PAN), and the
deadline for submission of PAN details to the depository lapsed on January 2007.

Procedure

1.Fill demat request form (DRF) (obtained from a depository participant or DP with whom your
depository account is opened).
2.Deface the share certificate(s) you want to dematerialise by writing across Surrendered for
dematerialisation.
3.Submit the DRF & share certificate(s) to DP. DP would forward them to the issuer / their R&T
Agent .
4.After dematerialisation, your depository account with your DP, would be credited with the
dematerialised securities.

The benefits

- A safe and convenient way to hold securities;
- mmediate transfer of securities;
- No stamp duty on transfer of securities;
- Elimination of risks associated with physical certificates such as bad delivery, fake securities,
delays, thefts etc.;
- Reduction in paperwork involved in transfer of securities;
- Reduction in transaction cost;
- No odd lot problem, even one share can be sold;
- Nomination facility;
- Change in address recorded with DP gets registered with all companies in which investor holds
securities electronically eliminating the need to correspond with each of them separately;
- Transmission of securities is done by DP eliminating correspondence with companies;
- Automatic credit into demat account of shares, arising out of bonus/split/consolidation/merger etc.
- Holding investments in equity and debt instruments in a single account.

Required Documents

The extent of documentation required to open a demat account may vary according to your
relationship with the institution. f you plan to open a demat account with a bank, a savings, current
and, or other account for which the holder have been issued a check book, such holder has an edge
over the non-account holder. n fact, banks usually offer additional incentives to customers who
open a demat account with them. Along with the application form, your photographs (with co-
applicants) and proof of identity/residence/date of birth have to be submitted. The DPs also ask for
a DP-client agreement to be executed on non-judicial stamp paper. Here is a broad list:

- A canceled check, preferably MCR
- Proof of dentification
- Proof of Address
- Proof of Pan card (mandatory)
- Recent photographs, one and, or more

For proof of identification and, or address self-attested facsimile copies of PAN card, Voter's D,
Passport, Ration card, Driver's license, Photo credit card, Employee D card, Bank attestation, latest
T returns and, or latest Electricity/Landline phone bill are sufficient. While they only ask for
photocopies of th docum ents, they will need the originals for verification.
Advantages of Demat
A Demat account reduces brokerage charges (which are usually around 2.5%), makes
pledging/hypothecation of shares easier, enables quick ownership of securities on settlement resulting in
increased liquidity, avoids confusion in the ownership title of securities, and provides easy receipts for
public issue allotments or POs.
A Demat account also helps avoid problems typically associated with physical share certificates, for
example: delivery failures caused by signature mismatch, postal delays and loss of certificate during
transit. Further, it eliminates the risks associated with forgery and loss due to damaged stock certificates.
Demat account holders also avoid stamp duty (as against 0.5 per cent payable on physical shares) and
filling up of transfer deeds. Demat account holders usually obtain quicker receipts of benefits like stock
splits and bonuses.



Goal Of Demat System
ndia adopted the Demat System for electronic bookkeeping, wherein shares and securities are
represented and maintained electronically, thus eliminating the troubles associated with paper shares.
After the introduction of the depository system by the Depository Act of 1996, the process for sales,
purchases and transfers of shares became significantly easier and most of the risks associated with
paper certificates were mitigated.
[edit]Demat Benefits
The benefits of Demat are enumerated
[by whom?]
as follows:
Easy and convenient way to hold securities
mmediate transfer of securities
No stamp duty on transfer of securities
Safer than paper-shares (earlier risks associated with physical certificates such as bad delivery, fake
securities, delays, thefts etc are mostly eliminated)
Reduced paperwork for transfer of securities
Reduced transaction cost
No "odd lot" problem: even one share can be sold
Change in address recorded with a DP gets registered with all companies in which investor holds
securities eliminating the need to correspond with each of them separately
Transmission of securities is done by DP eliminating the need for notifying companies
Automatic credit into demat account for shares arising out of bonus/split/consolidation/merger etc
A single Demat account can hold investments in both equity and debt instruments
Traders can work from any where (e.g. even from home)
enefit to the Company
The depository system helps in reducing the cost of new issues due to lower printing and distribution
costs. t increases the efficiency of the registrars and transfer agents and the Secretarial Department of
the company. t provides better facilities for communication and timely service to shareholders and
investors.
enefit to the Investor
The depository system reduces risks involved in holding physical certificates, e.g., loss, theft, mutilation,
forgery, etc. t ensures transfer settlements and reduces delay in registration of shares. t ensures faster
communication to investors. t helps avoid bad delivery problems due to signature differences, etc.t
ensures faster payment on sale of shares. No stamp duty is paid on transfer of shares. t provides more
acceptability and liquidity of securities.
enefits to rokers
t reduces risks of delayed settlement. t ensures greater profit due to increase in volume of trading. t
eliminates chances of forgery bad delivery. t increases overall of trading and profitability. t increases
confidence in investors.
[edit]Depository Participant (DP)
Main article: Depository_participant
A depository (in simple terms) is a institution holding a pool of pre-verified shares held in electronic mode
that offers efficient settlement of transactions. A Depository Participant (DP) is an intermediary between
the investor and the depository. A DP is typically a financial organization like a bank, broker, financial
institution, or custodian acting as an agent of the Depository to make its services available to the
investors. Each DP is assigned a unique identification number known as DP-D. As of March, 2006, there
were a total of 538 DPs registered with SEB.
[edit]Demat Conversion
Converting physical records of investments into electronic records is called dematerialising securities. n
order to dematerialise physical securities investors must fill in a DRF (Demat Request Form) which is
available with the DP and submit the same along with physical certificates. Every security has an SN
(nternational Securities dentification Number). A separate DRF must be filled for each SN.
The complete process of dematerialisation is outlined below:
nvestor surrenders certificates for dematerialisation to the DP.
DP intimates the Depository of the request through the system.
DP submits the certificates to the registrar of the ssuer Company.
Registrar confirms the dematerialisation request from Depository.
After dematerialising the certificates, Registrar updates accounts and informs depository of the
completion of dematerialisation.
Depository updates its accounts and informs the DP.
DP updates the Demat account of the investor.
[edit]Demat Options
There are many hundreds of Depository Participants (DPs) offering the Demat account facility in ndia as
of Sept, 2011. A comparison of the fees charged by different DPs is detailed below.
There are a few distinct advantages of having a bank as a DP. Having a Demat account with a bank DP,
usually provides quick processing, accessibility, convenience, and online transaction capability to the
investor. Generally, banks credit the Demat account with shares in case of purchase, or credit a savings
accounts with the proceeds of a sale on the third day. Banks are also advantageous because of the
number of branches they have. Some banks give the option of opening a demat account in any branch,
while others restrict themselves to a select set of branches. Some private banks also provide online
access to the demat account. So an investor can conveniently check details of his/her holdings,
transactions and status of requests through his/her bank's net-banking facility. A broker who acts as a DP
may not be able to provide these services.
[edit]Fees nvolved
There are four major charges usually levied on a demat account: Account opening fee, annual
maintenance fee, custodian fee and transaction fee. Charges for all fees vary from DP to DP.
[edit]ccount-opening fee
Depending on the DP, there may or may not be an opening account fee. Private banks, such as HDFC
Bank and AXS Bank, do not have one. However, players such as CC Bank, Globe Capital, Karvy
Consultants, Bajaj Capital Limited and State Bank of ndia do impose an opening fee. Most players levy
this when re-opening a demat account. However, the Stock Holding Corporation offers a lifetime account
opening fee, which allows the investor to hold on to his/her demat account for a long period. The fee is
also refundable.
[edit]nnuaI maintenance fee
This is also known as folio maintenance charges, and is generally levied in advance.
[edit]Custodian fee
This fee is charged yearly and depends on the number of securities (i.e. SNs) held in the account. t
generally ranges between Rs 0.5 to Rs 1 per SN per month. DPs will not charge custody fee for an SN
on which the companies have paid one-time custody charges to the depository.
[edit]Transaction fee
The transaction fee is charged for crediting/debiting securities to and from the account on a monthly
basis. While some DPs, such as SB, charge a flat fee per transaction, HDFC Bank and CC Bank peg
the fee to the transaction value, which is subject to a minimum amount. The fee also differs based on the
kind of transaction (buying or selling). Some DPs charge only for debiting the securities while others
charge for both. Some DPs also charge the investor even if the instruction to buy/sell fails or is rejected.
n addition, service tax is also charged by the DPs.
n addition to the other fees, the DP also charges a fee for converting the shares from the physical to the
electronic form or vice-versa. This fee varies for both demat (physical-to-electronic) and remat (electronic-
to-physical) requests. For demat, some DPs charge a flat fee per request in addition to the variable fee
per certificate, while others charge only the variable fee.
For instance, Stock Holding Corporation charges Rs 25 as the request fee and Rs 3 per certificate as the
variable fee. However, SB charges only the variable fee, which is Rs 3 per certificate. Remat requests
also have charges akin to that of demat. However, variable charges for remat are generally higher than
demat.
Some of the additional features (usually offered by banks) are as follows. Some DPs offer a frequent
trader account, where they charge frequent traders at lower rates than the standard charges. Demat
account holders are generally required to pay the DP an advance fee for each account that will be
adjusted against the various service charges. The account holder needs to raise the balance when it falls
below a certain amount prescribed by the DP. However, if you also hold a savings account with the DP
you can provide a debit authorisation to the DP for paying this charge. Finally, once you choose your DP,
it would be prudent to keep all your accounts with that DP, so that tracking your capital gains liability is
easier. This is because when calculating capital gains tax, the period of holding will be determined by the
DP and different DPs follow different methods. For instance, CC Bank uses the first in first out (FFO)
method to compute the period of holding. The proof of the cost of acquisition will be the contract note.
The computation of capital gains is done account-wise.
[edit]Opening a Demat Account
First, an investor has to approach a DP and fill up an account opening form. The account opening form
must be supported by copies of any one of the approved documents to serve as proof of identity (PO)
and proof of address (POA) as specified by SEB. An investor must have his/her PAN card in original at
the time of opening of account (mandate effective from April 1, 2006).
All applicants should carry original documents for verification by an authorized official of the depository
participant, under his signature. Further, the investor has to sign an agreement with DP in a depository
prescribed standard format, which details rights and duties of investor and DP. DP should provide the
investor with a copy of the agreement and schedule of charges for their future reference. The DP will
open the account in the system and give an account number, which is also called BOD (Beneficiary
Owner dentification number). The DP may revise the charges by giving 30 days notice in advance. SEB
has rationalised the cost structure for dematerialisation by removing account opening charges,
transaction charges for credit of securities, and custody charges vide circular dated January 28, 2005.
Further, SEB has vide circular dated November 9, 2005 advised that with effect from January 9, 2006, no
charges shall be levied by a depository on DP and consequently, by a DP on a Beneficiary Owner (BO)
when a BO transfers all the securities lying in his account to another branch of the same DP or to another
DP of the same depository or another depository, provided the BO Account(s) at transferee DP and at
transferor DP are one and the same, i.e. identical in all respects. (Ravi kumar Gupta, 2011 in Angel
Broking works.) n case the BO Account at transferor DP is a joint account, the BO Account at transferee
DP should also be a joint account in the same sequence of ownership.
[edit]Disadvantages of Demat
Trading in securities may become uncontrolled in case of dematerialized securities.
t is incumbent upon the capital market regulator to keep a close watch on the trading in
dematerialized securities and see to it that trading does not act as a detriment to investors.
For dematerialized securities, the role of key market players such as stock-brokers needs to be
supervised as they have the capability of manipulating the market.
Multiple regulatory frameworks have to be conformed to, including the Depositories Act, Regulations
and the various By-Laws of various depositories.
Agreements are entered at various levels in the process of dematerialization. These may cause
anxiety to the investor desirous of simplicity.
[edit]Transfer of Shares between DPs
To transfer shares, an investor has to fill one of two kinds of Depository nstruction Slip (DS). The first
check made is whether both Demat accounts are at the same Depository. There are two depositories:
(CDSL (Central Depository Securities Limited) and NSDL (National Securities Depository Limited)). f both
Demat account are not at the same depository, then an NTER Depository Slip (nter DS) has to be filled
and submitted. Otherwise, and NTRA Depository Slip (ntra DS) has to be filled and submitted.
For example:
f we have one Demat account with CDSL and other Demat account with NSDL, then we need an
nter-DS. (n case the investor needs an ntra-DS, the investor should check with the broker, since
brokers usually issue an ntra-DS)
Now that the correct DS has been determined, information pertaining to the transfer transaction has
to be , filled: scrip name, NE number, quantity in words and figures
Finally, the investor should submit that DS to the broker with signatures.
The transfer broker shall accept that DS in duplicate and acknowledge receipt of DS on duplicate
copy.
The investor should submit the DS when market is on. Accordingly, date of submission of DS and date
of execution of DS can be same or a difference of one day is also acceptable. The investor also has to
pay the broker some charges for the transfer.
[edit]$ecurity Recommendations
DS is almost like a cheque book, so it can be misused if issued blank. So an investor should exercise
sufficient caution while issuing a DS slip. For example: an investor should deposit only a completely
filled-in slip to the broker. Unfilled rows should be cancelled out so that they cannot be tampered with.