SECP Registers 2,864 New Companies in July

Islamabad: The Securities and Exchange Commission of Pakistan (SECP) has registered a record 2,864 new companies in July 2024, marking a 25% increase compared to the same month last year. This is the highest number of company registrations in a single month. With these additions, the total number of registered companies with SECP has now reached 225,561.

Monthly Registration Details:

• • New Registrations: July 2024 saw the registration of 2,864 new companies.
  • Year-over-Year Increase: This figure represents a 25% increase from July 2023.
  • Total Registered Companies: SECP’s total number of registered companies now stands at 225,561.

Company Types:

• • Private Limited Companies: Approximately 58% of the newly registered companies were private limited.
  • Single Member Companies: 39% were single member companies.
  • Other Categories: The remaining 39% comprised public non-listed companies, non-profit organizations, trade associations, and limited liability partnerships.
  • Online Registrations: A significant 99.8% of these companies were registered online.

Sector-wise Breakdown:

• • Information Technology: 471 companies
  • Trade: 364 companies
  • Services: 362 companies
  • Real Estate Development and Construction: 284 companies
  • Tourism: 164 companies
  • Food Sector: 139 companies
  • E-commerce: 120 companies
  • Education: 111 companies
  • Textiles: 65 companies
  • Marketing: 64 companies
  • Agriculture: 63 companies
  • Chemicals: 53 companies
  • Health: 51 companies
  • Power Generation: 51 companies
  • Cosmetics: 47 companies
  • Mining: 47 companies
  • Fuel and Energy: 46 companies
  • Engineering: 43 companies
  • Pharmaceuticals: 40 companies
  • Transport: 32 companies
  • Auto Allied: 27 companies
  • Communications: 23 companies
  • Cable and Electrical Goods: 22 companies
  • Arts and Culture: 18 companies
  • Paper and Board: 17 companies
  • Sports: 17 companies
  • Woodworks: 16 companies
  • Others: 107 companies in various sectors

Foreign Investment:

• • New Investments: 86 new companies reported foreign investment.
  • Investing Countries: Investors hailed from Afghanistan, Antigua and Barbuda, Australia, Azerbaijan, Canada, China, Germany, Greece, Iraq, Italy, Netherlands, Poland, Qatar, Russia, Sri Lanka, Turkey, the UK, the US, and Zambia.
  • Major Investors: China led with investment in 64 companies, followed by Turkey (3), Afghanistan and the UK (2 each), and other countries investing in one company each.

In July 2024, the SECP registered a record number of new companies, demonstrating significant growth and interest in the Pakistani market. The vast majority of these registrations were conducted online, reflecting advancements in digital administrative processes. The data also highlights the diverse sectoral interests and increasing foreign investment in Pakistan