ISLAMABAD – The Securities and Exchange Commission of Pakistan (SECP) registered 324 companies in February.
The private companies have the highest share in the new incorporations totaling 290. In addition, there are 26 single-member companies, one public unlisted company, six non-profit associations and one foreign company.
Lahore Company Registration Office (CRO) registered 113 companies with the CRO in Islamabad and Karachi registering 90 and 89 companies, respectively. The CROs in Peshawar, Multan, Faisalabad and Quetta registered fifteen, ten, four and three companies respectively.
Of the 324 companies, 56 belong to the services sector, 37 to trading, 33 to IT, 19 of Hajj and Umrah services, 15 to construction, 12 each to transport and textile, 10 each to chemical, and corporate agricultural farming, nine each to education, tourism, and food and beverages and eight each to pharmaceuticals, communications and engineering.
The authorised capital and paid-up capital of the 324 companies was Rs 2.612 billion and Rs 538 million, respectively. During the month, 42 companies increased their authorised capital with the aggregate authorised capital increment of Rs15.78 billion and 79 companies raised their paid up capital with the total paid up capital increment amounting to Rs 39 billion.
