AN IDEOLOGY OF RELATIONSHIP
From a small beginning, today LP Group is a 50-year-old, 2000 crore + textile conglomerate with 5 business verticals spread across 8 companies providing a complete one stop shop for textile products. The group continues to grow under their philosophy that “business follows relationships” and “underpromise and overdeliver”.
GROUP OF COMPANIES
OUR BRAND STABLE
Management Team
He is the founder of the LP Group and started its first flagship company…
Jitendra Lalbhai ShahFounder Chairman
Mr. Jitendra Lalbhai Shah is the founder of the LP Group and started its first flagship company Jitendrakumar Lalbhai & Co. in 1965 with yarn trading of Azamzahi Mills. In 1978 he got the lucky break of getting the sole selling agency for cotton yarns of the Patel Mills which sowed the entry of the group into yarn marketing and the beginning of the group’s journey. Today his name ( JKL ) itself stands as a brand which is India’s biggest yarn marketing company. His business acumen has seen the group grow from one business to others as he spearheaded into manufacturing and trading. He has always been at the forefront of getting the group into new business and activities. He oversees all financial aspects of the group and also takes an active interest in all its verticals providing valuable mentoring. He loves dancing, listening to old songs and talking and is always up for a jovial chat. Currently, he is actively involved also in various associations related to textiles and education and is currently:
- President of Ahmedabad Yarn Merchant Association
- Council member of Ahmedabad Education society (AES) – 2010
- Hon Secretary of Maskati Market Kapad Mahajan – 2010
He is the younger brother of Jitendrakumar Lalbhai & joined the group in 1970.
Nilesh lalbhai ShahVice Chairman
Nilesh Lalbhai Shah, the younger brother of Jitendrakumar Lalbhai, joined the group in 1970 and started the yarn marketing activity of JKL in the domestic market. He has been at the forefront of JKL’s success in the local power and the auto loom segment as well as the knits segment. He holds the monopoly of yarn sales of Asarwa Mills for Ahmedabad market.
From yarn, he has also taken the group into knitted fabric marketing business and it is because of his strong grip on knitted fabric marketing that the group invested into a greenfield knitting facility of 250 tons per month and he oversees the complete sales for this facility. He is on the board of the Ahmedabad Yarn Association and takes a keen interest in various issues which arise in yarn business and works towards the overall growth of the community.
His hobbies include walking, singing, playing cricket and listening to old music.
Established in the cloth trading business since last 50 years working from fabric…
Gaurang BhagatChairman LB Tex
Established in the cloth trading business since last 50 years working from fabric indenting/commission agent to wholesaling and now today to heading one of the biggest weaving facilities of Ahmedabad is Mr. Gaurang Bhagat. He oversees liasoning of the group with different government bodies and is involved in the political front as a strong BJP supporter. Apart from this, his single biggest achievement has been his position as the President of the Maskati Market Kapad Mahajan where he devotes most of his time selflessly and has been accredited with recoveries of more than Rs100 crore done under arbitration by the Mahajan for various cloth merchants. This has been rewarded to him by being nominated as the President of the Maskati Market Kapad Mahajan for the third time unanimously. A sole believer in walking the path of honesty and neutrality he has grown to be an active part in various textile and educational fronts focused on the social cause as well as ethical societal plus business decorum. He holds various important positions such as:
- Executive Committee Member – Gujarat Chamber of Commerce and Industries
- President of New Cloth market
- President of Maskati Market Kapad Mahajan
He has a Pre-Science degree from Lallubhai Hakamchand Shah University…
DAHYABHAI PATELMD OF ACME COTSYN
Mr. Dahyabhai Patel has a Pre-Science degree from Lallubhai Hakamchand Shah University, Mansa. He started his own business as a grey fabric agent into marketing and sales of grey fabric getting a grip on sales of woven fabric to Ahmedabad process houses which he has continued till date. With his expertise in fabric sales, he started his own manufacturing of grey fabric on power looms and Ruti B machines under the name of Omakara Enterprise establishing 108 machines which worked till 2002. With the advent of modern technology in weaving, he partnered with the JKL Family to set up 25 Picanol Rapier Machines under the aegis of Acme Cotsyn Pvt Ltd. With time he has been instrumental to expand the capacity of Acme Cotsyn which currently has 30 air jet and 42 Rapier machines manufacturing about 6 lakh meters of woven fabric per month. He is a very active social person taking a keen interest in the social welfare of their community. Apart from being an important part of the group he is also:
- A partner in a construction business, Madhav Builders for more than 25 years
- Director in Vijay Co-operative Bank, Ahmedabad
- Vice president of the religious community – Patidar
He joined the LP Group in 1995 entering the domestic yarn marketing business…
RAHUL JITENDRA SHAHGROUP MANAGING DIRECTOR
Rahul Jitendra joined the LP Group in 1995 entering the domestic yarn marketing business and formed Acme International Ltd setting the pace for the group’s exports. He has been the catalyst in transforming the group from one company business to multiple businesses in different verticals from marketing to trading to manufacturing and retail. A graduate in B.Com and a Postgraduate in Business Management, he also holds an International Business Management degree. His strengths include sighting potential business opportunities and converting them into profitable business verticals, settling them and moving further. His profile includes directing all aspects of the groups various businesses including financial performances, strategic business plans and creating and developing a team of professional employees to take the businesses forward keeping intact the group’s core values and instilling within the team the motivation and passion for performance. Multilingual in English, Hindi and Gujarati he focuses on enhancing the group’s corporate image and improving customer service. His belief that “business follows relationships”, “under-promise and over-deliver” and “create a joyous working environment” have stemmed the current vision statements of the group. Called as the “heart and soul” of the group by the LP team he is also the “face” of the group to the investors/bankers. His interest includes reading business magazines, swimming, billiards and watching movies.
Shalin Shah joined the LP Group in 2001 with the aim to expand export business…
SHALIN NILESH SHAHMD JKL
Shalin Shah joined the LP Group in 2001 with the aim to expand export business under Acme International Ltd. & open new markets. He successfully developed new markets in Singapore, Philippines, Egypt, Srilanka, Turkey, Israel & marked Acme’s strong presence there. Looking at the exponential growth potential in the Domestic market, in 2005 he took charge to lead the Parent company Jitendrakumar Lalbhai & Co. & be Numero Uno in its segment. His passion to make JKLCO amongst the top performing companies within the Group, as well as one of the leading Indenting company in India, clearly reflects where JKL stands today. Being a B com graduate he possesses Post Graduate degree in Masters of Business Administration (MBA) from Cardiff University, UK. His profile includes directing JKLCO towards its growth targets, developing new product lines, principals & customers as well as building a strong professional team & motivates them to achieve targets without compromising on core values of the Group. Considering IT as the backbone of the Group he is actively involved in technological advancements within the group to enhance efficiency & edge out the competition. Multilingual in English, Hindi & Gujarati he focuses on enriching customer / principal experience by providing services like no other and is their preferred partner. His active interest in Fashion & Designing has led to building up Brand EERA for Women Bottom Wear as well as forward integration of the group by making a foray in Garment manufacturing to increase product basket in retail.
His Never to give up attitude & love for Altitude professionally & personally has proudly flagged LP Group & its brands at a height of 5364 meters. A gadget geek who is adventurous
and Explorer by nature he likes Photography, Hiking, Music & Travelling.
MAKING THE WORLD A BETTER PLACE
Clear thinking that it is important to give back to society in whatever small or big way that we can form the ideology of our CSR activities. The CSR team formed within the LP group clearly has the objective of getting each group member involved in doing activities which we feel are the right way to contributing positively towards the society and our country…And giving shape to these initiatives is the “LP CHARITABLE TRUST” formed in 1967.