Company registrations in SECP during the first quarter FY 2014-15

February 26, 2015 | By More

register With the closing of first quarter for financial year 2014-15, an impressive 14.62% growth has been witnessed in corporate registrations with the SECP.

A total of 1,058 companies have been registered in the quarter compared with 923 in the corresponding quarter last FY.

Company-wise overview

Chasing the trends of last year around 91% companies were registered as private limited companies while around 6% companies registered as single-member companies. Three percent of the companies, in aggregate, have been registered as public limited companies, associations under Section-42 of the 1984 Companies Ordinance, trade organizations and foreign companies.

Sector-wise overview

The services sector took the lead in new registrations with the incorporation of 155 companies, followed by trading with 121, information and technology with 97, tourism with 83, construction with 66, corporate agriculture farming with 45, food and beverages with 36, textile with 28, education and fuel & energy with 26 each, power generation with 24, engineering with 22, chemical, communications and real estate development with 21 each, pharmaceutical and transport with 20 each, auto and allied with 19, finance and banking and paper & board with 17 each, broadcasting and telecasting with 16, healthcare with 14 and cables and electric goods with 13 companies.

Foreign Investment

During the quarter foreign investment has been witnessed in 46 new companies. These companies have foreign investors from 26 diverse countries i.e. Saudi Arabia, Panama, the UK, China, Turkey, Germany, the US, Singapore, South Africa, Afghanistan, France, the Netherlands, Canada, Japan, Australia, Bulgaria, the UAE, Oman, Sweden, Lebanon, South Korea, Sri Lanka, New Zealand and Denmark. Among these countries, China dominated in terms of most number of investors i.e. 38, while Singapore followed with 13 and Germany with 9. Other notable numbers are from the UK with 6, Sri Lanka with 5 and France, Japan, Panama, Saudi Arabia and Turkey with 4 investors each.

Trading is the leading sector among the companies having foreign investment with 7 companies, followed by corporate agricultural farming, fuel and energy, information technology, power generation and textile with 4 companies each. Among other sectors, notable figures witnessed in the services sector with 3 companies while 2 companies each in chemical, construction, food and beverages, mining and quarrying and tourism.

Province-wise overview

During the quarter under review, Punjab took the lead in company registrations with 461 companies followed by Sindh and Islamabad Capital Territory with 276 and 261 companies respectively. Fifty one companies were registered in Khyber Pakhtunkhwa while only 9 were registered in Balochistan.

In a nutshell, FY 2014-15 has begun with a positive outlook, as far as numbers in the first quarter are concerned. The corporatization trend is expected to grow with healthy numbers.

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Category: SME Development

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