Accounts and service model
Sections ↑Account eligibility and product scope
| Route | Published treatment |
|---|---|
| Aadhaar digital opening | Resident individuals; HUFs, companies and NRIs need other processesSource 2Source 1 |
| Market access | Equities, futures/options, commodities and exchange currency derivativesSource 2Source 1 |
| Investment products | ETFs, mutual funds, IPO and bond-related services advertisedSource 2Source 1 |
| Institutional business | Equity/debt research and corporate-access offeringSource 2Source 1 |
Markets and instruments
Sections ↑Published legal registrations
INR currency derivatives remain hedging products. RBI’s 10 October 2026 circular reduced the aggregate exchange documentation threshold to USD 5 million; that threshold is not permission for unhedged speculation.[11]
Trading and account costs
Sections ↑A current all-client brokerage or MTF interest schedule was not established. CDSL also exposes a historical tariff page last updated in 2020; those legacy AMC and debit plans are not presented as October 2026 offers. The signed plan must identify brokerage, DP debit units, maintenance and financing separately.[2][10]
Fee and service rights
| Item | Published rule |
|---|---|
| DP tariff increase | At least 30 days’ written notice under the depository charterSource 8Source 9Source 2 |
| Gateway charges | Bank or payment-provider charges are borne by the customerSource 8Source 9Source 2 |
| Payment-error refund | Gateway and other applicable charges can be deductedSource 8Source 9Source 2 |
| General MTF changes | 15 days’ notice for changes other than regulator/exchange requirementsSource 8Source 9Source 2 |
Platforms, orders and margin
Sections ↑Orders and MTF controls
| Control | Terms |
|---|---|
| Telephone order | Client identification requiredSource 2 |
| Cancellation / amendment | Effective only if completed before executionSource 2 |
| Report objection | Written objection within 24 hours of receiving the relevant reportSource 2 |
| Trading limits | May be reduced urgently without advance noticeSource 2 |
| MTF eligibility | Broker-approved Group I shares; not every Group I securitySource 2 |
| Margin shortfall | Broker can liquidate; client bears resulting losses and chargesSource 2 |
Verified app identity
| App | Evidence |
|---|---|
| GetSetGrow | Linked in CDSL’s current DP recordSource 7 |
| GetSetGrow 2.0 | Separate Android and iOS links in that recordSource 7 |
| PennyPal | Also listed as an LKP mobile applicationSource 7 |
| Availability | A directory listing verifies identity, not a guaranteed feature set on every deviceSource 7 |
Funding and withdrawals
Sections ↑Payment-error refund process
| Step | Gateway terms |
|---|---|
| Qualifying errors | Duplicate/excess debit or charged but unsuccessful transactionSource 9 |
| Request | Send transaction number and original receipt to [email protected]Source 9 |
| Review | Manual verificationSource 9 |
| Refund target | Within 15 calendar days after receipt of a valid claimSource 9 |
| Bank visibility | Page separately states up to 21 days depending on the bankSource 9 |
These are payment-error refund terms, not a promise that normal account payouts take 15 or 21 days. No standard trading-account withdrawal cutoff was verified.[9]
Regulation and asset protection
Sections ↑Demat identity and rights
| Item | Documented position |
|---|---|
| CDSL identity | LKP Securities Limited; DP 30000Source 7Source 4Source 8 |
| CDSL registration field | INDPCDSL02062003, still displayed on 26 October 2026Source 7Source 4Source 8 |
| Website registration | IN-DP-705-2022; not silently substituted for the CDSL fieldSource 7Source 4Source 8 |
| Freezing right | Demat account, specified securities or specified quantities may be frozen/unfrozenSource 7Source 4Source 8 |
| Authority | Depository charter recognises the right to revoke authorisationsSource 7Source 4Source 8 |
The differing registration formats remain attributed to their respective sources. They do not establish that two separate client balances exist, nor justify discarding the current account agreement.[7][4]
Support and complaints
Sections ↑Client service and dealing channels
| Purpose | Contact |
|---|---|
| Customer care | 022 4150 7346; [email protected]Source 5Source 4 |
| Head of customer care | 022 6635 1358; [email protected]Source 5Source 4 |
| Compliance | 022 6635 1310; [email protected]Source 5Source 4 |
| Service hours | 10:00–18:00 in the published escalation matrixSource 5Source 4 |
| Equity call-and-trade | 022 6565 1948Source 5Source 4 |
| Commodity call-and-trade | 022 6546 1948Source 5Source 4 |
Additional services
Sections ↑Electronic account records
| Document | Purpose |
|---|---|
| Contract notes | Executed trade recordSource 3 |
| Margin statements | Required collateral and exposure informationSource 3 |
| Weekly ledger | Cash/account movementsSource 3 |
| Monthly / quarterly retention | Running-account retention recordSource 3 |
| Annual global and holding statements | Yearly activity and custody reconciliationSource 3 |
Depository processing targets
Company and legal entities
Sections ↑CDSL records incorporation on 3 August 1994 and a listed public-company structure. The company’s broader “70+ years” brand-history claim should not be substituted for that legal incorporation date. The registered office is at 203 Embassy Centre, Nariman Point, Mumbai.[7][1][4]
Legal entities & licences
These are source-dated records, not a blanket assessment of the broker. Read each issuer, identifier, status and scope together.
LKP Securities Limited
No separate licence entry is recorded in this panel.
Sources & further reading
- Current products and service description LKP Securities
- Trading, margin and MTF terms LKP Securities
- Electronic delivery and account consents LKP Securities
- Current investor charter and contact directory LKP Securities
- Current service escalation matrix LKP Securities
- Exchange memberships and separate registrations LKP Securities
- Current LKP depository-participant record Central Depository Services (India) Limited · Accessed 26 Oct 2026
- Published depository service charter LKP Securities · Accessed 26 Oct 2026
- Online payment and failed-payment refund terms LKP Securities · Accessed 26 Oct 2026
- Historical DP tariff, page last updated May 2020 Central Depository Services (India) Limited
- RBI circular 25, 10 October 2026 Reserve Bank of India · Accessed 26 Oct 2026
This profile reports dated public information, including broker-published services and terms. It does not independently test or guarantee execution, pricing or withdrawals. Inclusion is not an endorsement. Permissions and protections apply only to the named legal entity, service and client category; check the current official records and your contract.