Type Government Parent organization IFCI Ltd | Website www.stockholding.com Founded 1986 | |
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Industry Stock Market & Financial Services Area served Custodial ServicesDepository ServicesE-stamping Key people Ramesh NGS (Chairman)Sanjeev Vivrekar (CEO & MD) Subsidiaries SSL Services Ltd, Shcil Projects Limited |
Stock Holding Corporation of India Limited (SHCIL) is India's largest custodian and depository participant, based in Mumbai, Maharashtra. SHCIL was established in 1986 and was granted a status of a government company as per section 2(45) of Indian Companies Act, 2013. in 2014. SHCIL is known for its Online Trading Portal with investors and traders. It is also responsible for e-stamping system around India.It is also authorised by Reserve Bank of India as Agency Bank to distribute and receive Govt. of India savings/relief bond 2003 along with nationalized banks.
References
StockHolding Corporation of India Wikipedia(Text) CC BY-SA