New Delhi, Dec. 15 (PTI): Central Depository Services (India) Ltd (CDSL), promoted by the BSE, is likely to soon file draft papers with Sebi for its initial public offering.

It will become the first depository to get listed on the stock exchange once the IPO plan goes through.

CDSL allows investors to deposit securities by opening an account. The securities such as shares, debentures, bonds of investors are held in electronic form. It has a little over 1.17 crore investor accounts.