Frequently Asked Questions (FAQ)
To open an account at SharePro Securities, you need to fill up our KYC form along with one passport size photograph and a photocopy of your citizenship certificate. And your indenty card (if you are a student or working somewhere).
The purpose of opening a demat account are as mentioned below:
- To convert the physical securities into the electronic form
- To deposit and transfer the NEPSE listed securities in a dematerialized form
- To credit the securities allotted through IPO and corporate actions (such as rights share issue, bonus issue, merger, etc.) in a dematerialized form
- To receive the statement of the securities held in a demat account
- To pledge the securities held in a demat account
- To rematerialize the securities held in a demat account
The purpose of opening a demat account are as mentioned below:
- To convert the physical securities into the electronic form
- To deposit and transfer the NEPSE listed securities in a dematerialized form
- To credit the securities allotted through IPO and corporate actions (such as rights share issue, bonus issue, merger, etc.) in a dematerialized form
- To receive the statement of the securities held in a demat account
- To pledge the securities held in a demat account
- To rematerialize the securities held in a demat account
Dematerialization is a process of converting physical securities into electronic form.
You need to have a Trading Account and a Demat Account in order to start trading. To download the form for opening a trading account, go to the link below: Downloads
A depository facilitates the holding and/or transacting securities in book entry form. In other words, a depository takes the ownership guarantee of the shareholders by holding those securities and other market instruments which are listed in the secondary market, distributed or allotted and can be deposited into the electronic form. The investor has to open a demat account to avail the services of depository. Additionally, the depository maintains the record in the account of the investors.
It serves as an intermediary between investors and depositories. Such an institution is responsible for maintaining the financial instruments in electronic or dematerialized form. Moreover, it facilitates the process concerning the trading of financial assets.
The charges refer to any tariff, compensation, or fee that a depository imposes on its customers for processing deposits or any other related administrative activity. Such charges typically vary from one financial institution or organization to another?