Number of demat shares increase 17.5%;value up at Rs 87 lkh cr

MUMBAI, May 19:  The number of demat securities grew by 17.5 per cent last fiscal to over 83,000 crore, with total value of Rs 86.64 lakh crore as compared to 2011-12, as per the data by Sebi.

Dematerialisation, or demat, is conversion of the physical form of shares and other securities into the electronic form.

According to latest data available with market regulator Sebi (Securities and Exchange Board of India), NSDL and CSDL together held about 83,826 crore demat shares for 2012-13.

The total number of such securities on the depositories stood at 71,337 crore, in the financial year, 2011-12.

National Securities Depository Ltd (NSDL) and Central Depository Services Ltd (CDSL) hold securities of investors in the electronic form through their registered Depository Participants.

These securities cover listed as well as unlisted companies, debentures and commercial papers, among other similar instruments.

Overall, the cumulative value of the demat securities rose by 6.27 per cent to Rs 86.64 lakh crore in 2012-13. The value stood at Rs 81.52 lakh crore in 2011-12.

Individually, at NSDL quantity of demat shares increased by 18.4 per cent to about 68,647 crore, while it rose by 13.6 per cent at CDSL to 15,179 crore.

However, the demat value on CDSL plunged 3.5 per cent to Rs 9.85 lakh crore in 2012-13.

While on the NSDL, the value of demat securities climbed by 7.66 per cent from about Rs 71.32 lakh crore in 2011-12 to Rs 76.8 lakh crore in 2012-13.

At the end of 2012-13, the cumulative number of listed and unlisted companies available for demat decreased by nearly 4 per cent to 18,906 in 2012-13, from 19,669 firms in the preceding year.

This was primarily on account of decline in the number of companies on the CDSL. The companies on the depositary fell from 9,928 to 8,062 in 2012-13.

On the other hand, NSDL had a total number of 10,844 companies, up from 9,741 firms in 2011-12.

The depository participants locations for NSDL and CDSL were available at 14,641 and 12,601 places respectively in the last fiscal. (PTI)