StockHolding Corporation of India Limited (SHCIL), commonly referred to as StockHolding, is an Indian custodian and depository participant headquartered in Mumbai, Maharashtra. It functions as a central government-associated organisation under the umbrella of public financial institutions, providing custodial, depository, post-trading, and related financial services to institutional and retail investors in India.
| Name | StockHolding Corporation of India Limited |
|---|---|
| Type | Public sector enterprise (subsidiary of IFCI Limited) |
| Industry | Financial services, custodial and depository services |
| Headquarters | Mumbai, Maharashtra, India |
| Parent | IFCI Limited |
| Sector | Custody, depository participation, e-stamping |
StockHolding Corporation of India was promoted by a consortium of Indian public financial institutions and insurance companies to provide institutional-grade custodial services in the Indian capital market. It was set up to support the post-trade segment of the securities market, including settlement, safekeeping of securities, and corporate action processing for institutional clients such as banks, mutual funds, insurance companies, and foreign portfolio investors.
The company is registered with the Securities and Exchange Board of India (SEBI) as a custodian of securities and operates as a depository participant of both the National Securities Depository Limited (NSDL) and the Central Depository Services Limited (CDSL).
StockHolding operates a wholly owned subsidiary, StockHolding Document Management Services Limited (SDMS), which provides physical and electronic document management services. It has also been associated with StockHolding Securities IFSC Limited, a subsidiary aimed at offering services from the GIFT City International Financial Services Centre in Gandhinagar, Gujarat.
StockHolding is a subsidiary of IFCI Limited, which holds the majority shareholding. Other historical promoters and shareholders have included major Indian public sector financial institutions and insurers. As IFCI is itself a government-controlled entity, StockHolding is treated as a central government organisation in public records.
StockHolding is one of the larger custodians in the Indian securities market by assets under custody, serving a substantial share of institutional investors. Its role as the Central Record Keeping Agency for e-stamping has made it an important component of the digitisation of stamp duty collection in India, replacing physical stamp papers in many states with secure electronic certificates. The corporation has also contributed to the development of post-trade infrastructure since the dematerialisation of Indian securities in the late 1990s.