Stock Holding Corporation of India Limited

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Stock Holding Corporation of India Ltd
Public
Industry Stock markets & Financial services
Founded 1986, Mumbai
Headquarters Mumbai, Maharashtra, India
Area served
 Custodial Services, Depository Services, E-Stamping, Share Broking
Key people
 Ramesh NGS ( Current MD)
Services Depository, Broking, Derivatives & E-Stamp [1]
Website Official Website

Stock Holding Corporation of India Ltd (SHCIL), India’s largest[2] custodian and depository participant based in Mumbai, Maharashtra.[3] It was established in 1986 under the Government of India as public limited company. It is owned by the India's leading Banks and Financial Institutions such as, SU-UTI, IFCI Ltd., LIC, GIC, NIA, NIC, UIC, and TOICL.[4] SHCIL is known for its online trading portal with investors and traders.

Between 1993-1996, SHCIL is known to have hired some of the best brains in the country by offering above market salaries. Of note was their 18th batch of management hires. The batch contributed significantly towards getting SHCIL recognised as a leading capital market related company in India.

It is also responsible for e-stamping system around India.[1]

Stock Holding Corporation of India (SHCIL), the country's first and one of the largest security custodians to financial institutions.

References

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External links

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