The Securities and Exchange Commission of Pakistan (SECP) amid the month of May 2016 enlisted 641 new organizations, seeing an expansion of 50 percent when contrasted with same month of going before year.
Amid the initial 11 months of current monetary year (2015-16) SECP enrolled 5,626 new organizations. When contrasted with the comparing time frame a year ago, it speaks to a development of 24 percent.
A developing pattern in organization consolidation is the immediate consequence of various assistance measures embraced by the SECP.
Around 88 percent organizations have been enlisted as private constrained organizations, while around 8 percent organizations were enrolled as single-part organizations. Four percent of the organizations were enrolled as open unlisted, affiliations, not-for-benefit and remote organizations.
The exchanging area led the pack with the joining of 85 organizations, trailed by administrations with 67, data innovation with 64, development with 50, tourism with 41, correspondence with 24, fuel and vitality with 22, land advancement and corporate horticulture cultivating with 21 every, nourishment and refreshments with 19, designing with 18, material and training with 17 every, TV and broadcasting with 16, power era and pharmaceutical with 14 every, vehicle with 13, auto and unified with 12, human services with 11 and 95 organizations were enlisted in different divisions.
In addition, 7 outside organizations were additionally enlisted by the CROs in Islamabad, Lahore and Peshawar.
Outside speculation has been accounted for in 45 new organizations. These organizations have remote financial specialists from Afghanistan, Australia, Canada, China, Italy, Japan, Jordan, Malaysia, Thailand, Turkey, UK and the US.
These organizations are from auto and unified, links and electric products, development, corporate agrarian cultivating, instruction, designing, sustenance and drinks, fuel and vitality, social insurance, data innovation, cowhide and tanneries, pharmaceutical, power era, administrations, steel and associated, tourism, exchanging, transport and various segments.
Amid the month, the most astounding quantities of organizations, i.e. 228, were enlisted at the Company Registration Office (CRO), Islamabad, trailed by 200 and 144 organizations enrolled at CROs in Lahore and Karachi individually. The CROs in Faisalabad, Multan, Peshawar and Sukkur enrolled 19, 21, 28 and 1 organizations separately.
