A financial services firm which operates across asset markets and products. .

GROUP COMPANIES

 


  Group Companies

a. Subsidiaries :

STCI Primary Dealer Limited (STCI PD) : This  is a wholly owned subsidiary of Securities Trading Corporation of India Limited (STCI) was established in October 2006 consequent to the hiving off of the Parent Company’s PD business. Accordingly, the Company commenced its operations with effect from June 25, 2007 in line with the Reserve Bank of India guidelines on diversification of business activities by Primary Dealers. STCI PD undertakes trading in fixed income securities, money market instruments, interest rate swaps, corporate bonds and equity (both cash and F&O). The Company also undertakes fee based activities namely Portfolio Management Services and mutual fund distribution.

Registered Office:
STCI Primary Dealer Limited
Marathon Emperor,Marathon Nextgen Compound
Off Ganpatrao Kadam marg, Lower Parel(W)
Mumbai 400013
Maharashtra, India.
Tel: (022) 6620200/211
Fax: (022) 66202288

STCI Commodities Limited :This is a wholly owned subsidiary of Securities Trading Corporation of India Limited (STCI). The Company provides brokerage, investment and advisory services in Indian Commodities Markets. The Company is a member of two of India’s largest online commodities exchanges namely MCX and NCDEX. STCI Commodities provides brokerage services to Corporates, HNIs and retail clients. We have scaled down the operation for the time being in order to redesign the systems and procedures and also to develop a robust risk management process. 


Registered Office:
STCI Commodities Limited
Marathon Emperor,Marathon Nextgen Compound
Off Ganpatrao Kadam marg, Lower Parel(W)
Mumbai 400013
Maharashtra, India.
Tel: (022) 66202298-299
Mail: info@stcicommodities.com

b.Associates :

Standard Chartered-STCI Capital Markets Limited : In April 2006, STCI took over UTI Securities Limited from Specified Undertaking of Unit Trust of India (SUUTI). Further, in January 2008, in order to have a strategic partner, STCI sold 49% of its stake in UTI Securities Limited to Standard Chartered Bank ( Mauritius ) Limited following receipt of regulatory approvals. Consequent upon the partial sale of stake to Standard Chartered Bank ( Mauritius ) Limited, UTI Securities is renamed as Standard Chartered-STCI Capital Markets Limited.  In December 2008, STCI further reduces its stake by another 24.9% following receipt of regulatory approvals for change in the controlling interest in SC-STCI Capital Markets. With this move, the present holding of STCI in the company becomes 25.1%.


Registered Office:
Standard Chartered-STCI Capital Markets Limited
Tel: 1800-22-2550
 Mail: customercare@standardcharteredcapitalmarkets.com

                

 


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