About Us

Who We Are

SHCIL Services Ltd (SSL) is a SEBI registered Corporate Stock Broker providing safe and reliable services to all institutional and retail clients across length and breadth of the country. SSL offers services in both Cash and F&O segment of BSE & NSE and Currency Derivatives segment of NSE. SSL started broking operations in July 2006.

It has a large clientele base in retail segment. It has also wide clientele in institutional segment comprising leading domestic institutional investors, including Mutual Funds, Insurance Companies, Banks and other Financial Institutions. SSL strength lies in the operational synergies and leverage of the parent company Stock Holding Corporation of India Ltd. (SHCIL) which was incorporated at the special initiative of the Government of India as a public limited company in 1986 and is jointly promoted and owned by the all India banks and financial institutions, viz., IFCI Ltd, LIC, SU-UTI, GIC, NIA, NIC, UIC and TOICL. SSL is a broking arm of SHCIL.


  • Safety of transaction:

    SSL ensures safety measures and protocols that every transaction is executed only after its authenticity is established.

  • Reliability and transparency:

    SSL affirms that openness and transparency form an essential pillar of its culture and operating principle. It shall endeavor to maintain the highest possible standard in this respect throughout the spectrum of its activities.

  • Confidentiality:

    SSL strongly emphasizes on confidentiality and integrity in its dealings. It ensures that information is accessible only to those authorized to have access.

  • Business Ethics:

    SSL conducts business according to certain self recognized moral standards. It strongly follows the set principles in relation to business practice and decision making in business.

Board of Directors

Mr. Ramesh N.G.S.

Non-Executive Chairman

Mr. Sanjay Pote

Managing Director & CEO

Mr. G. Anantharaman

Independent Director

Mr. D. C. Jain

Independent Director

Mr. Amit Dassi


Ms. Sarala Menon


Management  Team

Mr. Hemang Ladani

Head of Finance

Mr. Rajneesh Singh

Company secretary, Legal and Compliance Officer


Shashikant Nayak

(Stock Holding Corporation of India Limited)
301, Center Point
61, Dr. Babasaheb Ambedkar Road, Parel,
Mumbai- 400012
Phone : +91–22–6177 9069 (Direct)
              + 91–22-6177 9400-09
E-mail: CVO[at]shcilservices[dot]com

Nodal Officer for public grievances pertaining to COVID-19

The Stake holders are requested to note the contact details of Nodal Officer for public grievances pertaining to COVID-19

Rajneesh Singh
Company Secretary
SHCIL Services Limited,
P-51, TTC Industrial Area, MIDC
Mahape, Navi Mumbai- 400710
Tel. 022-61778605, Mob: 9004696501
E-Mail: rajneesh_singh[at]stockholding[dot]com