FREE Account Opening + No Clearing Fees
Loading...

Is a demat account required for NCD?

SME IPO Enquiry

SME Company Owners
We could help you get listed on the stock market.

Contact us Today

Check our SME IPO Guide New

Yes, a demat account is required for NCDs.

The mode of issue of NCD IPO will be in dematerialized form only. Therefore, a demat account is required for the company to credit the securities at the time of allotment.

Some companies allow the issuance of NCDs in physical form at special request, however, trading in NCDs is allowed only in dematerialized form.

 

SME IPO Enquiry  SME IPO Enquiry

 


Comments

Add a public comment...