Reform measures of SECP leads to a 30% growth in companies registered over the year

News Image

MG News | August 02, 2018 at 05:44 PM GMT+05:00

0:00

The SECP registered 1,076 new companies in July. As compared to the corresponding month of last financial year, it represents a growth of 30 percent as compared to corresponding period last year, raising the number of registered companies to 88,701. The massive increase is the result of the SECP’s various reforms measures, i.e. introduction of simplified combined process for name reservation and incorporation, reduction of fee, assistance provided for incorporation by facilitation wings of CROs etc.

Around 73 percent companies were registered as private limited companies, while around 24 percent were registered as single-member companies. Three percent were registered as public unlisted, non-profit associations, foreign companies and limited liability partnership (LLP).

The trading sector took the lead with the incorporation of 197 companies, construction with 135, services with 126,  I.T. with 111, tourism with 46, real estate development with 35, education, marketing and development with 33 each,  engineering with 32, corporate agricultural farming with 31, food and beverages with 25, broadcasting and telecasting, textile and transport with 18 each, fuel and energy and healthcare with 17 each, pharmaceutical with 15, cable and electric goods and paper and board with 11 each, and 147 companies were registered in other sectors. Moreover, 8 foreign companies were also registered by CROs in Karachi, Islamabad and Lahore.

Foreign investment has been reported in 47 new companies. These companies have foreign investors from Australia, China, Germany, South Korea, the Netherlands, Norway, Singapore, Spain, Thailand, Turkey and the UK.

The highest numbers of companies, i.e. 432, were registered in Islamabad, followed by 285 and 175 companies registered in Lahore and Karachi respectively. The CROs in Peshawar, Gilgit-Baltistan, Multan, Faisalabad, Quetta, and Sukkur registered, 68, 49, 33, 21, 8 and 5 companies respectively.

Related News

Name Price/Vol %Chg/NChg
KSE100 134,299.77
290.06M
0.39%
517.42
ALLSHR 84,018.16
764.12M
0.48%
402.35
KSE30 40,814.29
132.59M
0.33%
132.52
KMI30 192,589.16
116.24M
0.49%
948.28
KMIALLSHR 56,072.25
387.69M
0.32%
180.74
BKTi 36,971.75
19.46M
-0.05%
-16.94
OGTi 28,240.28
6.19M
0.21%
58.78
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 118,140.00 119,450.00
115,635.00
4270.00
3.75%
BRENT CRUDE 70.63 70.71
68.55
1.99
2.90%
RICHARDS BAY COAL MONTHLY 97.50 0.00
0.00
1.10
1.14%
ROTTERDAM COAL MONTHLY 108.75 108.75
108.75
0.40
0.37%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 68.75 68.77
66.50
2.18
3.27%
SUGAR #11 WORLD 16.56 16.60
16.20
0.30
1.85%

Chart of the Day


Latest News
July 13, 2025 at 10:26 AM GMT+05:00

K-Electric dispels rumours of peak hour changes


July 11, 2025 at 10:56 PM GMT+05:00

Gold price in Pakistan rises Rs2,300 per tola


July 11, 2025 at 05:49 PM GMT+05:00

PKR gains 10 paisa per USD


July 11, 2025 at 05:41 PM GMT+05:00

PSX Closing Bell: Bulls Serenade The Bourse


July 11, 2025 at 05:06 PM GMT+05:00

UBL doubles profit to Rs65bn in 1HCY25



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg