HERITAGE

Lokkur has the distinction of navigating over 75 years of market cycles. Lokkur & Co., established in 1935, was one of the earliest brokerage firms established in Bangalore. Dharmaprakasha L S Venkaji Rao, a businessman turned philanthropist, founded the company and was instrumental in mobilizing capital for companies. At a time when people were hesitant to invest in stocks and shares, Lokkur & Co. came into business and established a reliable name for itself in the area of financial services.

L S Venkaji Rao was one of eminent people of the industry and was on the Board of several companies. Besides being involved in business, he was actively involved in philanthropy, making a significant contribution to the education and healthcare sectors. He was the founder of one of the well-known educational institutions in Bangalore, India. Venkaji Rao was also awarded the title of Dharmaprakasha, by the Maharaja of Mysore, in recognition of his service to society.

In 1976, L S Prabhakar, Venkaji Rao’s son joined Lokkur & Co. and has successfully managed it since then. During his tenure, Lokkur & Co. was converted from a proprietary concern to a Private Limited company, Lokkur Stocks & Shares Private Limited in 1997 (“LSSPL”). L S Prabhakar is the current Managing Director of LSSPL.

Lokkur Inauguration of the Bangalore Stock Exchange on 17.3.1963 Bangalore