In the depository system, companies who wish to admit their shares and securities into the system should obtain electronic connectivity with CDSL or avail the services of a registrar and transfer agents (RTA), for connectivity. CDSL functions as the central accounting and record keeping office in respect of the securities admitted by these companies.
CDSL's system is based on centralised database architecture with on-line connectivity with RTAs. Because of this centralisation, the cost for setting up RTA connectivity is significantly less without compromising in any manner on security and safety of the system. RTAs also need not incur high recurring costs in terms of maintaining back-ups and the related data storage. These advantages provide the wherewithal to RTAs to offer services to issuer companies at a significantly lower cost. The centralised architecture also allows the RTAs to provide the companies with a to-the-minute status of the holdings of their shareholders.
All leading RTAs are currently connected to CDSL and are providing services to a number of companies across the country. A company can also obtain direct in-house connectivity with CDSL, the procedure and the cost for doing so is similar to that of a RTA.
SEBI, vide its circular dated 27-12-2002, has advised issuers that "all the work related to share registry in terms of both physical and electronic should be maintained at a single point i.e either in-house by the company or by a SEBI registered R & T Agent".
Hardware Requirement |
Pentium IV 1.8 GHz Processor or Higher |
1 GB RAM |
80 GB or Higher Capacity Hard Disk Drive |
CD-ROM drive (48X or above) |
CD Writer (52-X -24X-52X) or Higher Capacity backup device |
1.44 MB Floppy Disk Drive. |
15" SVGA Color Monitor.. |
2 Serial and 1 Parallel ports |
104 key Keyboard, Mouse. |
2 USB Ports |
Software Requirement |
Windows XP Workstation with Service Pack 2 OR Windows 2000 Professional with Service Pack 4.0 (Operating System) |
MS Office 2000 Professional Edition. |
Antivirus software (recommended - McAfee) |
Peripheral Requirement |
Printer Deskjet |
Flatbed Scanner with Parallel or USB Interface |
Online 700VA Un-interrupted Power Supply (UPS) |
Other Recommendations |
All the users using VSAT network are advised to migrate to the Leased line for better performance and response |
ISDN as backup for primary network |
Server Hardware Requirement |
Pentium IV 1.8 GHz Processor or Higher |
1 GB RAM |
80 GB or Higher Capacity Hard Disk Drive |
CD-ROM drive (48X or above) |
CD Writer (52-X -24X-52X) or Higher Capacity backup device |
1.44 MB Floppy Disk Drive. |
AGP Display Card. |
15" SVGA Color Monitor.. |
2 Serial and 1 Parallel ports |
104 key Keyboard, Mouse. |
2 USB Ports |
Server Software Requirement |
Windows 2000 Server edition with service Pack 4 (Operating System ) |
MS Office 2000 Professional Edition. |
Antivirus software (recommended - McAfee) |
Workstation Configuration for Multi user (Node) |
Pentium IV 1.8 GHz Processor. |
1 GB RAM. |
80 GB Hard Disk Drive |
1.44 MB Floppy Disk Drive. |
AGP Display Card. |
15" SVGA Color Monitor. |
2 Serial and 1 Parallel Ports. |
104 Keyboard, Mouse. |
Workstation Software Requirement |
Windows XP with Service Pack 2(Operating System) OR Windows 2000 Professional with Service Pack 4.0 |
MS Office 2000 Professional Edition. |
Antivirus Software - (Recommended - Mcafee ) |
Peripheral Requirement |
Printer Deskjet |
Flatbed Scanner with Parallel or USB Interface |
Online 700VA Un-interrupted Power Supply (UPS) |
As per SEBI guidelines, there should be continuous mode of connectivity between CDSL and the DP. Hence, CDSL has chosen Local leased line / MPLS leased line as the mode of connectivity between the Central Depository Accounting System (CDAS) and the users. The user can also user their own Internet connectivity to access CDAS.
In case the applicant wishes to obtain leased line connectivity with CDSL, kindly download the Connectivity form and return the same duly completed to CDSL along with advance payment of Rs. 1,00,000/-, favouring CDSL. This advance amount will be adjusted against the first invoice raised by CDSL after commissioning the connectivity, against the applicable annual charges of the applied mode of connectivity.
Note : Recurring Charges will be pro-rated daily from the day on which the RTA is connected. For subsequent years the same is payable at the beginning of the year.
Particulars | Cost | Payable to |
Indicative Hardware Cost | ||
For Single user setup | 1,84,000 (INR) (INR) | Vendor |
For Multi-user setup(Server + 1 node) | 5,50,000 (INR) (INR) | Vendor |
Admission and Connectivity charges | Click here for Admission and Connectivity charges |