LKP Securities Ltd mainly provides stock and securities broking and other financial services. The company was incorporated 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._x000D_ _x000D_ 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._x000D_

Business Segments

_x000D_ 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._x000D_ _x000D_ Subsidiaries_x000D_

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

_x000D_ Mr. Mahendra V. Doshi, Chairman_x000D_ _x000D_ 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 played a pivotal role 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._x000D_ _x000D_ Mr. Pratik M. Doshi, Managing Director_x000D_ _x000D_ 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._x000D_

Corporate Actions

_x000D_ The company has no history of bonus issues, stock splits and other corporate actions.