Steel City Securities, established in 1994, is a leading stock broking and e-governance service Company having pan India presence. Head quartered in Visakhapatnam, the company provides whole range of financial services to its clients through a well established network of branches and offices. It is an ISO 9001:2008 certified company having business operations in 30 states across India. It has a diversified business portfolio covering Capital Market services, E- governance services, Investment advisory in the form of distribution of Mutual Funds, Bonds, IPOs & Corporate Fixed Deposits, Currency Trading, Commodity Broking, Insurance Distribution & NBFC services.
The company has been appointed as a TIN-FC (Tax Information Network - Facilitation Centre) of NSDL E- governance. It also has been empanelled as enrollment agency under Unique Identification Authority of India (UIDAI). E- Governance products served by it includes PAN, TAN, E- TDS, AIR, Form 24G, AADHAAR Card. The company has an approved entity for National Insurance policy Repository (NIR) wherein insurance policies are held in electronic form in a single E-Insurance Account. The company is one of the competent broking outfits who has been recognized and authorized to provide above e-governance services by Government of India.
The company’s subsidiary is a member of MCX and NCDEX providing commodity future trading platform and a corporate Agent with SBI Life Insurance, Reliance Life Insurance, United India Insurance (General Insurance) and Religare Health. The company’s Group Company provides NBFC services which include Personal loans, Gold loans and Loans against securities. The company has its Research and Analysis team to focus on market movements for investment opportunities towards business growth and also to minimize the risk. The company’s online Back- office application is available on 24/7 basis to get the required information instantly.
Business area of the company
The company has a diversified financial services company, providing trading platform under Capital Market, Futures & Options and Currency Derivatives of NSE, BSE and MSE (Formerly known as MCX-SX). It has a Depository Participant of NDSL and CDSL. It distributes Mutual funds and IPO products. The company has been appointed as Point of Presence under PFRDA to promote National Pension Scheme (NPS).