Depository Services

The term Demat refers to a dematerialised account for individual Indian citizen to trade in listed stocks or debentures, required for investors by SEBI. In a demat account, investor holds shares and securities electronically instead of its physical possession. A Demat Account is opened by the investor while registering with a registered SEBI broker to enable electronic settlements of trades.

A Demat account is electronic book keeping and reduces brokerage charges (which are usually around 2.5%), makes pledging / hypothecation of shares easier, enables quick ownership of securities on settlement resulting in increased liquidity, avoids confusion in the ownership title of securities, and provides easy receipt of public issue allotments or IPOs.

SKUNG is a registered member / depository participant of Central Depository Services Ltd. (CDSL) and provides the customers with most secure, convenient and hassle-free demat accounts at the most economical rates.

Benefits Through SKUNG

SKUNG enhances trading experience for customer by proving innumerous benefits and advantages as a depository participant as under:

  • No risk of signature mismatch
  • No risk of forgery
  • No risk of share mutilation
  • No risk of loss of shares either through theft or in transit
  • No stamp duty for transfer of shares
  • Reduces paper work and time
  • Fast settlement cycles
  • You can purchase, hold and sell shares in electronic form
  • Increase in liquidity of your securities because of faster transfer and registration of securities in your account
  • Instant disbursement of non-cash benefits such as bonus, right-issues, etc.
  • Regular account status updates
  • Economical and competitive DEMAT charges.
Interested to open an account? Please fill in the form

Contact Us

MCX FMC Code - MCX/TCM/CORP/1900 | NCDEX FMC Code: NCDEX/TCM/CORP/1015 | DP ID:-DP-CDSL- 120-72200 | SEBI Registration No :- INZ000178133 | BSE - INB011428837 | NSE - INE/INF231428732 | MCX-SX-INE261428739 | Research Analyst - INH100005598 | SKUNG COMMXPERTS LTD : INZ000022932 | CDSL- IN-DP-288-2016

Attention Investors :
No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account. Prevent unauthorized transactions in your account --> Update your mobile numbers/email IDs with your stock brokers. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day.......... Issued in the interest of Investors Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from NSDL/CDSL on the same day......................issued in the interest of investors.

"We also do Pro–account trading in commodity segment"
"KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary"