DMAT Account
topic on 1 show · 3 statements across 2 episodes
3 statements about DMAT Account, every show
Jain: India has roughly 13 to 14 crore Demat accounts
“I think DMAT accounts now are at 13 or 14 crores or something like that.”
Kumar: Over 90% of Upstox Users Are First-Time Demat Account Holders
“90% plus of our accounts are first time investors, meaning they've never opened up a DMAT account before. OpStox is their first platform of choice for opening up a DMAT account.”
Kumar: Indian equity participation tripled from sub-2% to roughly 6%
“So when we first came to India in like 2000 eight-ish equity participation in India, which is basically the number of people in India that have DMAT accounts was like sub-two percent. In 2012, when we started the retail business was again, sub two percent. In …”