SECP registers 2,380 new companies in November

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The Securities and Exchange Commission of Pakistan (SECP) has registered 2,380 new companies in November, 2022, indicating an increase of 10% as compared to corresponding period last year.

Total capitalization (paid-up-capital) of the newly incorporated companies is Rs 1.9 billion. The total number of registered companies now stands at 182,598.

Among the newly incorporated companies, about 59 percent were registered as private limited companies, 39 percent as single member companies and 2 percent were public unlisted companies, not for profit associations, trade organizations and limited liability partnership (LLP), said a press release issued here. —APP