Standard Chartered Securities India Limited
https://in.linkedin.com/company/standard-chartered-securities-india-ltd.- Reg. Number INA000014580
- ValidityMar 17, 2020 - Perpetual
- TypeSebi Registered Investment Advisor
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About
Standard Chartered Securities (India) Limited (SCSI) is a leading broking company with over 25 years of experience. SCSI is registered as a trading and clearing member with Bombay Stock Exchange Limited (BSE) and National Stock Exchange of India Limited (NSE).
SCSI is a subsidiary of Standard Chartered Bank – India’s largest international bank (in terms of branch network) with 100 branches in 43 cities and have been operating here since 1858.
We have been serving a diverse customer segments, Retail Banking, Private Banking as well as Corporate Banking.
Why SCSI?
At SCSI, we aim to offer simplified investment solutions that provide long-term value to our customers. Access a range of products like Equities, Derivative including Currency Derivatives, Margin Trading Facility, Non-Discretionary Portfolio Management Services, Exchange Traded Bonds and Funds, Initial Public Offerings, Equity SIP and more in just a few clicks.
Transact Conveniently: The SCSI 3-in-1 account provides a single login facility and hassle-free convenient trading through our online web platform and SC Trading mobile app, amongst other benefits. Access to Market Insights: We have a dedicated team of research analysts who work independently to provide investment and trading recommendation to our customers.
Access to trained specialists and customer care focus: A network of Relationship Managers and Customer care executives offer efficient execution backed by in-depth research and expertise to customers across the country. We have presence in India’s metro cities through 5 branches.
Our History
Standard Chartered Securities (India) Limited is a wholly owned subsidiary of Standard Chartered Bank (Mauritius) Limited (SCBM), which acquired the company from Securities Trading Corporation of India (STCI) over 2008-2010. Prior to the acquisition, Standard Chartered Securities was known as UTI Securities Limited (UTISEL).
On August 23, 2007, SCBM agreed to acquire UTISEL from STCI in three tranches. As a part of first tranch, SCBM acquired 49% stake in UTISEL on January 11, 2008, after which, the name of the Company was changed from UTISEL to Standard Chartered-STCI Capital Markets Limited w.e.f. January 17, 2008.
SCBM acquired further 25.9% stake in the Company on December 12, 2008, as a part of second leg of the transaction and increase its total stake from 49% to 74.9% in the Company.
As a last part of the acquisition, SCBM increased its stake to 100% in the Company by acquiring the residual stake of 25.1% from STCI on October 08, 2010. Consequently, the Company became the wholly owned subsidiary of SCBM and was re-named Standard Chartered Securities (India) Limited.
GST Registration Number for Standard Chartered Securities (India) Limited
Contact PersonJulie BadaniEmailjulie.badani@sc.comRegistered Address2nd Floor, 23-25 M. G. Road, Fort, MUMBAI, MAHARASHTRA, 400001Communication Address2nd Floor, 23-25 M. G. Road, Fort, MUMBAI, MAHARASHTRA, 400001
