Hi
@ccmoradia, IL&FS has acknowledged the receipt of your documents on 12th October and counted from then onwards, today is the 7th working day
(They don't work on weekends, as expected). Our team is following up with them to get it done at the earliest. As a brokerage, we're pretty fried about these delays too. We are going to apply for our own depository participant license (DP) very soon. Once, it is under our control, we assure you that the account opening time will reduce substantially.
Thanks for your patience.