ISIN is a code, which is the short form of International Securities Identification Number.
What is ISIN?
Each ISIN is country specific which
identifies a particular security, such as stocks (equity and preference
shares), bonds, options and futures, commercial paper, warrants etc issued by
an organisation.
It is an international numbering system set
up by the International Organization for Standardization (ISO).
The structure of ISIN is defined in ISO
6166. ISIN comprises of both alphabets
and numbers.
Components of ISIN
1. First two letters - Country code (It is the ISO 3166-1 alpha-2 code for the country of issue, which is
not necessarily the country where the issuing company is situated.
2. Next nine alpha-numeric digits - the
National Securities Identifying Number (NSIN), which identifies the security.
3. Last Numeric Digit - Check Digit (used for preventing errors)
Search ISIN
For searching the ISIN of any organisation - visit NSDL official website.
Example
ISINs for RELIANCE CAPITAL ASSET MGMT LTD are INF733I01010 and INF733I01028
ISINs for RELIANCE CAPITAL ASSET MGMT LTD are INF733I01010 and INF733I01028
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