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October 26, 2007
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Friday
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Shawwal 13, 1428
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1,135 new companies enrolled in third quarter
By Our Staff Reporter
ISLAMABAD, Oct 25: The Securities and Exchange Commission of Pakistan (SECP) registered 1,135 companies during the third quarter of the current calendar year.
With the new registrations, the total number of registered companies with the SECP as on September 30, 2007 reached to 50,1250, official figures released here on Thursday showed.
The total new registrations included 1,106 companies limited by shares comprising of 23 public unlisted companies, 1,053 private companies and 30 single member companies. The other entities were 15 foreign companies, 13 associations not for profit and one company limited by guarantee.
Total authorised capital and paid-up capital of the companies limited by shares amounted to Rs7.06bn and Rs1.23bn, respectively.
The Company Registration Office (CRO) Lahore enrolled 370 companies, CRO Karachi 335 companies and CRO Islamabad registered 220 companies. The CRO Peshawar, Multan, Faisalabad, Quetta and Sukkur registered 72, 61, 43, 32 and two companies, respectively.
The 193 companies, the highest number, were registered in the tourism sector followed by 138 in services, 135 in trading, 70 in Information Technology, 54 in real estate development sector, 50 each in construction and communication and 48 in textile sector.
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