The Securities and Exchange Commission of Pakistan (SECP) registered 293 companies in December. Private companies had the highest share in new incorporation totalling 272, followed by 13 single-member companies, two public unlisted companies, three non-profit associations and three foreign companies.
The trading sector had the highest incorporation of 56 companies, followed by services with 43, construction 15, communication, information technology, and Hajj and Umrah sectors 13 companies each, food and beverages and chemical sectors 11 companies each, and transport sector with 10 companies.
The Company Registration Office (CRO), Lahore registered 92 companies followed by CROs Karachi and Islamabad registering 85 and 80 companies respectively. The remaining CROs of Multan, Faisalabad, Peshawar, Sukkur and Quetta registered 13, 11, 8, 3 and 1 respectively. Authorised capital and paid-up capital of 293 companies remained rupees two billion and Rs 406.1 million respectively. During the month, 34 companies increased authorised capital with an aggregate capital increment of Rs 18.8, whereas 65 companies raised their paid-up capital with a total paid-up increment amounting to Rs 26.9 billion.-PR
Comments
Comments are closed for this article.