SECP registers 206 cos in Sept

ISLAMABAD - The SECP has claimed to have registering 206 companies in the month of September 2010 and thus its total corporate portfolio has reached 56,774 companies. In a statement issued by SECP, it was said that major share in new incorporation is of private companies totalling to 183 cos. Other companies include 16 single member companies, 2 public unlisted companies, 4 foreign companies and one trade organisation. The highest number of the companies remained 31 and these were from the trading sector. It is followed by services sector with 23 companies, construction with 16 companies and IT with 11 companies. Other sectors with significant new incorporations are communications with 10 companies, followed by transport and Haj and umrah services with 9 companies each, and textile sector with 8 companies. Moreover, the highest new 71 companies have been incorporated at Karachi Company Registration Office followed by Lahore and Islamabad registering 62 and 53 companies respectively. The CROs of Peshawar, Multan, Faisalabad and Quetta registered 7, 6, 5 and 2 companies respectively. Furthermore, the authorised capital and paid-up capital of 206 companies, is Rs 168.53 million and Rs 54.37 million respectively.

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