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.