Kalpesh Mody
Head - Legal, Compliance and Company Secretary / Chief Financial Officer at STCI Primary Dealer Ltd - Mumbai, Maharashtra, India
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Mumbai,Maharashtra,India
STCI Primary Dealer Ltd
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STCI Ltd was one of the earliest market makers of Government Securities since commencing operations in May 1994 as a subsidiary of the Reserve Bank of India and was one of the first 6 Primary Dealers in India which started operations in 1996.The Primary Dealer business was hived off into a separate subsidiary in June 2007 viz STCI Primary Dealer Limited. STCIPD is a wholly owned subsidiary of STCI Finance Ltd (erstwhile STCI Ltd) and one of the larger Primary Dealers accredited by RBI for underwriting and market making in Government securities. We are a leading player in the Fixed Income market with business operations including trading in fixed income instruments including G-secs, T-bills, SDLs, SPLs, Non SLR securities including corporate bonds, CDs, CPs, and Fixed Income derivatives including IRS and IRD, and also proprietary trading in equity cash and derivatives.