- CEO
- Giriraj Kumar Dammani
- Full Time Employees
- 6
- Sector
- Finance
- Industry
- Investment banks/Brokers
- Address
- 3, Surya Mahal Mumbai MA India 400023
- IPO Date
- Dec 9, 2003
- Business
- The First Custodian Fund (India) Ltd. (1STCUS.BO) operates as a financial services company providing securities brokerage, stockbroking, and corporate advisory services in India; it also engages in trading, dealing, and investing in shares and securities, including income generation from secondary market sales. Originally focused on lease and hire purchase activities since its inception, the company shifted strategic emphasis to capital markets amid India's economic liberalization, restructuring management with qualified capital markets professionals. Incorporated on May 7, 1985, it is headquartered at 11 Camac Street, Kolkata, West Bengal 700017, India, with SEBI registration INZ000277934 as a stockbroker and membership on the National Stock Exchange (NSE).
The company serves clients in the diversified financials sector, primarily targeting investors in the Indian capital markets through brokerage execution, advisory on corporate transactions, and proprietary securities trading activities. Its operations remain concentrated in India, with a lean workforce of approximately six employees supporting broking and investment functions from its Kolkata registered office and Mumbai base.
Recent developments include the re-appointment of Mr. Manish Banthia as Whole Time Director and Chief Financial Officer on May 29, 2025, alongside board considerations for quarterly financial results in board meetings held on dates such as August 14, 2024, November 7, 2025, and others in 2025. The company reported earnings for the second quarter and six months ended September 30, 2025, reflecting ongoing profitability challenges amid revenue fluctuations, with a final dividend of 1 rupee per share declared previously. No major acquisitions, funding rounds, partnerships, or significant strategic expansions were announced in the last 1-2 years, maintaining a stable promoter holding of around 52.57% with focus on core broking operations.