Demat Debit and Pledge Instruction (DDPI) authorises the stockbroker and the depository participant to access your beneficiary ownership account (BOA) to meet pay-in obligations for settling trades you’ve executed. 

DDPI helps traders to:

• Transfer securities held in your beneficiary owner account to exchange related deliveries or settlement obligations arising out of trades you have executed
• To pledge/re-pledge securities in favour of the broker to meet margin calls
• Execute mutual fund transactions on stock exchange order entry platforms
• Tendering shares in open offers through stock exchange platforms

Here’s how you can enable DDPI on Share.Market:

DDPI is an optional authorization that you can opt for either at the time of account opening or anytime thereafter. However, DDPI is not applicable for the below transactions: 

• Public Issues (Shares & Debentures) 
• Rights Issue
• Offer for Sale 
• Funds-related Transactions