SECP witnesses 20% growth in new incorporations in September’21

News Image

By MG News | October 08, 2021 at 05:08 PM GMT+05:00

0:00

October 8, 2021:  The Securities and Exchange Commission of Pakistan (SECP) registered 2,223 new companies in September 2021, up by 20% over the same period in the preceding year.

Total capitalization (paid-up capital) of the new companies stood at Rs. 2.8 billion and the total number of registered companies has risen to 1,52,089.

Private Limited companies accounted for 65% of the new incorporations, whereas 32% were registered as single-member. The remaining 3% were registered as public unlisted companies, not-for-profit associations, trade organizations, and limited liability partnerships (LLP). Approximately 99% of companies were registered online and 210 foreign users were registered from overseas.

Sector-wise, the construction & real estate sector took the lead with the incorporation of (377) companies, followed by information technology (316), trading (310), services (209),  food & beverages sector (85), textile (74), e-commerce (74), education (66), market & development (54), corporate agricultural farming (53), pharmaceutical (52), engineering (46), healthcare (45), tourism (43), auto & allied (38), chemical  (38), transport (37), mining & quarrying (3) and power generation (30), paper & board (27), logging (26), cosmetics & toiletries (23), fuel & energy (19), cables & electric goods (18), communications (17), steel & allied (16), and wood products (16) and broadcasting & telecasting (15) and 69 companies were registered in other sectors.

Foreign investment has been reported in 61 new companies, reporting foreign investors from Australia, Canada, China, Dominican Republic, Germany, Hong Kong, Iraq, Jordan, Korea South, Paraguay, Qatar, Russia, Saudi Arabia, Spain, Switzerland, Taiwan, Turkey, UAE, UK, the USA, and Zambia.

Press Release

Related News

Name Price/Vol %Chg/NChg
KSE100 130,686.66
280.01M
0.26%
342.63
ALLSHR 81,305.25
897.01M
0.35%
281.26
KSE30 39,945.45
114.02M
0.09%
37.19
KMI30 190,698.05
148.61M
0.61%
1163.05
KMIALLSHR 55,074.15
495.43M
0.53%
290.50
BKTi 34,568.40
28.73M
-1.07%
-372.33
OGTi 28,739.35
22.59M
1.57%
443.29
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 110,080.00 111,220.00
109,200.00
-205.00
-0.19%
BRENT CRUDE 68.42 69.14
68.32
-0.69
-1.00%
RICHARDS BAY COAL MONTHLY 97.50 0.00
0.00
-0.75
-0.76%
ROTTERDAM COAL MONTHLY 108.45 109.80
108.45
-0.55
-0.50%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 66.65 67.58
66.53
-0.80
-1.19%
SUGAR #11 WORLD 16.35 16.36
15.44
0.77
4.94%

Chart of the Day


Latest News
July 03, 2025 at 05:39 PM GMT+05:00

Gold price in Pakistan rises Rs800 per tola


July 03, 2025 at 05:17 PM GMT+05:00

Microsoft exits Pakistan after 25 years


July 03, 2025 at 04:43 PM GMT+05:00

Privatisation Commission approves advisors for ZTBL


July 03, 2025 at 04:11 PM GMT+05:00

PSX Closing Bell: Holding Ground


July 03, 2025 at 04:00 PM GMT+05:00

PKR strengthens 9 paisa against USD



Top 5 things to watch in this week

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