Your CDSL Demat Account Number - A Shield against wrong transfers

Did you know that the way we have structured your CDSL demat account number,automatically reduces the risk of wrong transfers?

Your account in CDSL is unique across the CDSL system i.e. no other demat accountholder with any of CDSL's DPs will have the same number. Therefore, if you are to receive shares from your broker, sub-broker, or just about anyone, you can be sure that they will reach your account, and no other. The same goes for shares transferred by you to any other CDSL demat accountholder. The CDSL account number consists of 16 digits. The first 8 digits indicate the "DP-ID" and next 8 digits indicate the "Client-ID" eg. if your demat account number is :13025800 00001234, then 13025800 form the DP-Id, while 00001234 form the Client-Id.

How to write your CDSL demat account number in public issue forms:

You would also be aware that many prominent Public Issues (IPOs) would be launched in the market in the near future. While applying for these IPOs, demat accountholders are required to mention their demat account number in the IPO application form if they want credit of allotted securities in the dematerialised form. It is observed that in some cases, the IPO application form contains a 16-block format for filling in the CDSL demat account number. However, in case of some others, separate blocks are provided in the application form for giving details of DP-Id and Client ID.

While mentioning the CDSL demat account number in the IPO application forms (in cases where separate blocks for giving details of DP-Id and client IDs are provided), the demat account number can be written in the following manner:

E.g. If the demat account number is 13025800 00001234, the same can be written in the following manner on the IPO application form-

This will reduce the chances of rejection of IPO application forms due to invalid entry of demat account number.