INTERNSHIP

AT
STOCK HOLDING CORPORATION OF INDIA LIMITED

JENIFER CHRISLA T

(Register No. 23MB034)

Under the Guidance and Supervision of

Prof. S. KARTHIKEYAN

  MASTER OF BUSINESS ADMINISTRATION

JANSONS SCHOOL OF BUSINESS (AUTONOMOUS)
COIMBATORE – 641 659
 
AUGUST 2022
INTRODUCTION
• Stock Holding Corporation of India Limited (SHCIL) is an Indian custodian and
depository participant, based in Mumbai, Maharashtra.
• SHCIL was established in 1986 as a public limited company and is a subsidiary
of IFCI.
• It is also responsible for e-stamping system around India. It is also authorized by
Reserve Bank of India as Agency Bank to distribute and receive Govt. of India
savings/relief bond 2003 along with nationalized banks
Corporate structure

• The Stock Holding Corporation has three subsidiaries:

•  SHCIL Services Ltd (stock brokering services)
•  Stock Holding Document Management Services Limited (provides end-to-end
document storage and digitization services)
•  Stock Holding Securities IFSC Limited (A SEBI registered intermediary
operating out of GIFT IFSC, Gandhinagar, Gujarat, and catering to Eligible
Foreign Investors (EFIs), FPIs and NRIs from FATF compliant jurisdictions as of
now).
MISSION & VISION OF THE
COMPANY
Mission of the company
To be a world class technology driven and client focused in financial and
technical services.
 
Vision of the company 
To emerge as a partner of choice in bringing delight to customer experience in
finance and technical services.
PRODUTS ND SERVICES
WHY SSL
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.
WORKS DONE IN SHCIL
• KYC Form filling , entry , uploading documents, verifying.
• Demat form filling , documents scanning ,uploading ,verifying.
• Trading account filing ,checking ,scanning, verifying.
• Pending due collection
KYC
 Know Your Customer (KYC) refers to the
process of verifying the identity of your
customers, either before or during the time that
they start doing business with you. The term
“KYC” also references the regulated bank
customer identity verification practices to assess
and monitor customer risk
Why is KYC important?
By law, KYC is required for financial
institutions to establish the legitimacy of a
customer's identity and identify risk factors. KYC
procedures help prevent identity theft, money
laundering, financial fraud, terrorism financing,
and other financial crimes
DEMAT ACCOUNT
• A Demat account is a necessary account to hold financial securities in a digital
form and to trade in the share market. In India, Demat accounts are maintained by
two depository organizations, the National Securities Depository Limited and the
Central Depository Services Limited.
• Your Demat account is paid on T+2 day (2 business days after the date of
transaction) when you buy shares in your trading account. When you sell stocks,
your Demat account is debited on the T+1 day. You can take a Demat account as a
bank account where your investments are kept secure.
Documents required for opening demat account in SHCIL
 
• Photo with Across signature
• PAN Copy
• Address Proof (Aadhar, Voter Id, Passport, Driving License, any
one proof)
• Nominee Id Proof (if any)
• Cancelled Cheque Leaf with name printed / Bank Passbook front
Page
• Checking whether KYC is registered or not in NSE KRA website
 
All the documents are need to be self-attested
 TRADING ACCOUNT
• A trading account is an investment account that holds
securities, cash and other holdings like any brokerage
account. With a trading account, an investor can buy
and sell assets as frequently as they want, that too
within the same trading session.
Documents required for Trading Account
Opening:
 
• KYC needs to be registered
• Photo with Across signature
• PAN Copy
• Address Proof (Aadhar, Voter Id, Passport, Driving
License, any one proof)
• Cheque Leaf worth Rs.900 + Rs.100 For Power of
Antony.
• Cancelled Cheque Leaf
• Requires Bank Statement if MICR or IFSC details
are not given in cheque or if the name is not printed
DUES COLLECTION
• I have dealt with 900 clients of clients from various companies.
• Major of the clients would be from Sakthi finance and ABT Industries.
• I have collected Account Maintenance Charges for the Demat accounts
opened by various clients.
OTHER WORKS DONE
Ÿ Kyc verification Ÿ Verification of proof
Ÿ Form filling Demat Ÿ Entry of documents
Ÿ Uploading of documents
Ÿ Form filling trading account Ÿ Attending Clients Query
Ÿ Form filling kyc
Ÿ Scanning documents
THANK YOU