A 1948 franchise that has grown with India’s capital markets — and stayed steady through every market cycle.
Our Story
LKP was founded in 1948, in the early years of independent India, when the country’s capital markets were still taking shape. From those origins we have grown into one of India’s most established financial houses and its oldest dedicated fixed income intermediary — a firm defined less by any single product than by a way of working: disciplined, relationship-led and built for the long term. Our enduring promise, Trust · Invest · Grow is not a slogan but the sequence in which we believe lasting wealth is built.
The LKP Journey
Each milestone widened our clients’ access to the markets that matter:
1948
1985
1990
2002
2007
2013
2020
2021
Market Expertise & Institutional Relationships
Today LKP operates as a true multi-asset institutional financial-markets platform. Our fixed income presence spans Mumbai, Delhi, Kolkata, Ahmedabad and Bangalore, complemented by the GIFT City International Financial Services Centre. We serve a deliberately diverse client base — Financial Institutions including Banks, Insurers and Mutual Funds; Foreign Portfolio Investors; Corporates; Family Offices; Trusts and Societies; AIFs; Portfolio and Wealth Managers; and Retirement and Pension Funds — and count among our relationships many of the most respected names in Indian enterprise and finance.
Leadership Philosophy
Our fixed income business is led by professionals who have spent their careers in the market, not above it.
President – Sanjay Chitalia, a Chartered Accountant with over three decades in the field
Director & Head - Kaushal Mehta, and Vice President - Paresh Mehta of Fixed Income Markets together combine deep dealing-desk experience with disciplined business leadership.
Our philosophy is simple and consistent: understanding the client first, supported with research and process driven decisions, and put governance ahead of short-term gain.
Mission
- To turn decades of market experience into long-term value — giving India’s institutions and investors disciplined, dependable access to the fixed income markets.
- To be the partner institutions trust to navigate the debt markets with clarity, integrity and conviction, across every cycle.
- To connect capital with opportunity — efficiently, transparently and responsibly — through deep markets, sound advice and institutional-grade execution.
- To advance our clients’ financial objectives with the same discipline and integrity that have defined LKP since 1948.
- To deliver fixed income solutions that balance risk and return, today and over the long horizon, for the institutions and families who rely on us.
Vision
- To remain India’s most trusted fixed income franchise — and the bridge between the country’s debt markets and the world.
- To set the standard for institutional fixed income in India: the deepest expertise, the cleanest governance, the most enduring relationships.
- To be the multi-asset institutional platform that domestic and global investors choose for access to India and beyond.
- To lead the responsible growth of India’s debt and sustainable-finance markets for the next generation of investors.
- To build, cycle after cycle, the most respected name in Indian fixed income — anchored in trust, defined by excellence.
Our Leadership
Sanjay Chitalia
Kaushal Mehta
Paresh Mehta
Sanjay Chitalia
Paresh Mehta
Kaushal Mehta
