Islamabad, August 09, 2021 (PPI-OT):The Securities and Exchange Commission of Pakistan (SECP) registered 1,949 new companies in July 2021, raising the total number of registered companies to 147,842. Around 99% companies registered online, 43 % of the companies were registered same day while 175 foreign users were registered from overseas.
The July incorporation consist of 66% percent private limited companies, 31% single member companies and three percent public unlisted companies, not for profit associations, and limited liability partnerships (LLP). Total capitalization (paid-up-capital) with regard to newly incorporated for the current month is amounted to Rs2.7 billion.
The construction and real estate sector took the lead with the incorporation of 313, trading with 279, I.T with 243, services with 178, ecommerce with 117, food and beverages with 76, education with 63, textile with 57, corporate agricultural farming with 56, pharmaceutical with 52, engineering with 51, tourism with 40, healthcare with 39, mining and quarrying with 38, transport and, market and development with 27 each, logging, and power generation with 24 each, auto and allied, and fuel and energy with 23 each, chemical, and communications with 21 each, cables and electric goods with 18, broadcasting and telecasting, and cosmetics and toiletries with 14 each, paper and board, and steel and allied with 13 each, and 85 companies were registered in other sectors.
Foreign investment has been reported in 47 new companies. These companies have foreign investors from Australia, Bermuda, China Denmark, Germany, Ireland, Italy, Korea South, Kuwait, the Netherlands, Oman, Philippines, Qatar, Russia, Sri Lanka, Syria, Thailand, Turkey, the UAE, UK, and the US.
The highest numbers of companies, i.e. 645 were registered in Islamabad, followed by 634 and 294 companies registered in Lahore and Karachi respectively. The CROs in Peshawar, Multan, Faisalabad, Gilgit-Baltistan, Quetta and Sukkur registered 120, 96, 75, 57, 22, and 06 companies respectively.
For more information, contact:
Head, Internal and External Communication
Securities and Exchange Commission of Pakistan (SECP)
NIC Building, 63 Jinnah Avenue, Islamabad
Tel: +92-51-9214005 or +92-51-9214009 (Ext. 378)
Fax: +92-51-9206459
Cell: +92-302-8552254
E-mail: shakil.chaudhary@secp.gov.pk
Website: www.secp.gov.pk