National Securities Depository Limited
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Home  :  Joining NSDL  :  As an Issuer

Fee Payable by Issuers

  • An Issuer of listed securities shall pay an annual custody fee at the rate of Rs. 11 per folio (ISIN position) in NSDL, subject to a minimum amount as mentioned below, plus taxes as applicable:

    Nominal Value of Securities admitted (Rs.) Amount (Rs.)
    Upto 5 crore 9,000
    Above 5 crore and upto 10 crore 22,500
    Above 10 crore and upto 20 crore 45,000
    Above 20 crore 75,000
  • The above fee would be applicable on all securities i.e. equity (except for temporary ISINs), debt, units of mutual funds, pass through certificates, certificates of deposit, commercial papers, preference shares etc., except Government securities.
  • The fee will be based on average number of folios (ISIN positions) during the previous financial year. Average number of folios (ISIN positions) will be arrived at by dividing the total number of folios (ISIN positions) for the entire previous financial year by the total number of working days in the said previous financial year.

    Provided however that, in case the issued capital or ISIN positions increase during the financial year due to issue of further shares, by way of public offer, the custody fee would be charged on a pro-rata basis, at the time of such issue.

  • The fee will be charged every year on a financial year basis and shall be payable by April 30 of that financial year.

    If an Issuer fails to pay the fees mentioned under "Annual Custody Fee" by the due date, the Depository may charge interest @ 12% p.a. on the amount, from the due date of payment till the payment is received by the Depository. Provided further that the Depository may stop providing details of clients / clearing members / clearing corporation / intermediary to the Issuer and / or its Registrar and Transfer Agent as mentioned in the Bye Laws and BusinProvided further that the Depository may not permit the Issuer to use its infrastructure including for issue of further securities in electronic form.ess Rules.

  • In case of offers for sale by an offerer or disinvestment by GOI, bonus, rights, public issue, preferential issue, split, merger, demerger, capital reduction, redemption, etc., a fee at the rate of Rs. 10 per record for debits or credits to accounts as the case may be, shall be charged to the Issuer, subject to a minimum fee of Rs.1000 per corporate action.
  • In case of issue of Commercial Papers, a fee of Rs.10,000/- (plus taxes) shall be levied on the Issuer for five issues of Commercial Papers during the financial year. Provided however that an additional fee of Rs. 10,000/- (plus taxes) shall be levied on the Issuer for every additional five issues.
  • In case of issue of short term debt instruments viz; certificate of deposits, MIBOR linked papers etc., a fee of Rs. 10,000/- (plus taxes) shall be levied on the Issuer for five such issues made in a financial year. Provided however an additional fee of Rs.10,000/- (plus taxes) shall be levied on the Issuer for every additional five issues.

An Issuer of unlisted securities shall pay a joining fee of Rs. 30,000 plus taxes at the applicable rate at the time of joining NSDL, for the purpose of making its shares available for dematerialisation.

Provided however that in case the Issuer gets its securities listed on any recognised stock exchange within one year of joining NSDL, the joining fee paid by the Issuer will get adjusted against the one time custody fee or Annual Custody Fee, as the case may be.

If an issuer gets its securities delisted from all stock exchanges where its securities were listed, it shall pay joining fee of Rs. 30,000 plus taxes at the applicable rate. If an Issuer fails to pay the fees, the Depository may stop providing details of clients/ clearing members/ clearing corporation/ intermediary to the Issuer and / or its Registrar and Transfer Agent as mentioned in the Bye Laws and Business Rules. Provided further that the Depository may not permit the Issuer to use its infrastructure including for issue of further securities in electronic form.