LKP Securities Ltd mainly supplies stock and securities broking and other financial services. The company came into existence as in 1948, and since then, LKP Securities has established itself as a reliable fintech partner in the financial services industry. The company has earned the trust of its clients with a presence in over 200 cities across India. Since December 2016, the company has been listed on the BSE. It offers a wider range of services in numerous financial asset classes. These include equity, commodities, derivatives, and cash. In addition to these, the company is also engaged in providing institutional services such as mutual funds, liquid funds, and insurance.

Business Segments

The company operates under only one business segment, i.e., brokerage of stocks and securities brokers and providing financial services. During FY 2023, the company generated a revenue contribution of ~88.50% from fees and commission income, ~10.50% from interest income and the remaining 1% from other sources. Subsidiaries

• LKP Wealth Advisory Limited:It is a wholly-owned subsidiary of LKP Securities. It is engaged in providing wealth advisory services.
• LKP IFSC Private Limited:This is a wholly-owned subsidiary which offers diversified financial services.

Key Personnel

Mr. Mahendra V. Doshi, Chairman Mr. Mahendra V. Doshi is currently the Chairman of the company. He graduated with a Master of Business Administration (MBA) in Marketing from Fort Lauderdale University, USA. As the head of the LKP Group, he has held a critical role in in establishing and expanding LKP Finance Limited and other affiliated companies. He currently holds the positions of Executive Chairman and Managing Director at LKP Finance Limited. Mr. Pratik M. Doshi, Managing Director Mr. Pratik M. Doshi is the Managing Director of the company. He has been working in the capital markets for more than 15 years. He completed his undergraduate studies in Business and Financial Economics at the University of Leeds in the United Kingdom. He has been entrusted with important responsibilities and has contributed significantly in a number of sectors, including wealth management services, investment advisory, and strategic financial partnerships for products from third parties. The company recently built an online trading app under his direction to increase the scalability of the broking industry. Among the main motivators are his aptitude for strategic leadership and his track record of accomplishment.

Corporate Actions

The company has no history of bonus issues, stock splits and other corporate actions.