DEMAT Account

Dematerialisation converts physical share certificates into electronic holdings recorded in a central depository. In Nepal, the central depository is CDS and Clearing Limited (CDSC), and investors open demat accounts through Depository Participants (DPs), which include banks, merchant bankers and stockbrokers licensed for the purpose.

Each account is identified by a 16-digit BOID (Beneficial Owner Identification). The demat account works together with:

• A bank account, for paying for and receiving proceeds from securities.
• A trading account with a stockbroker, for buying and selling on NEPSE.
• MeroShare, CDSC's online portal for viewing holdings, applying for IPOs through C-ASBA and transferring shares (EDIS) after sale.

Services available through the depository include account opening, dematerialisation, rematerialisation, transmission of securities after death, pledging of shares for margin lending or share-backed loans, and account statements.

Demat holding removes risks of loss, theft, forgery and delay associated with paper certificates and enables T+ settlement on the stock exchange. Listed securities in Nepal are traded and settled only in demat form.

अभौतिकीकरणले भौतिक शेयर प्रमाणपत्रलाई केन्द्रीय निक्षेप प्रणालीमा विद्युतीय अभिलेखमा बदल्छ। नेपालमा केन्द्रीय निक्षेप सीडीएस एन्ड क्लियरिङ लिमिटेड (CDSC) हो र लगानीकर्ताले बैंक, मर्चेन्ट बैंकर वा ब्रोकर जस्ता निक्षेप सदस्य (DP) मार्फत डिम्याट खाता खोल्छन्।

प्रत्येक खाताको १६ अङ्कको BOID हुन्छ। डिम्याट खाता बैंक खाता, ब्रोकरसँगको कारोबार खाता र मेरो शेयरसँग मिलेर काम गर्छ। सेवा: खाता खोल्ने, अभौतिकीकरण, पुनः भौतिकीकरण, नामसारी, शेयर धितो (मार्जिन कर्जाका लागि) र विवरण। नेप्सेमा सूचीकृत धितोपत्रको कारोबार डिम्याट रूपमा मात्र हुन्छ।