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Olp Modaraba (Pakistan)

Main Activities: Open-End Investment Funds
Full name: Olp Modaraba Profile Updated: November 08, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2024 Available in: English Download a sample report

The Company s principal activity is leasing of plant, machinery, motor vehicles and computer equipment.
The Company was established in 1987, and listed on Pakistan Stock Exchange (Formerly First Grindlays Modaraba) was formed under the Modaraba Companies and Modaraba (Floatation and Control) Ordinance 1980, and the Rules framed thereunder and is managed by Grindlays Services of Pakistan (Private) Limited.
The Management Company is a wholly-owned subsidiary of ANZ Grindlays Bank Limited.

On July 31, 2000, The ANZ Banking Group has sold its 100 shareholding of ANZ Grindlays Bank Limited to Standard Chartered plc.
On September 1, 2016, the Company s name was changed to Orix Modaraba.
On March 16, 2021, The Company changed its name to OLP Modaraba and symbol to OLPM.

Headquarters
Standard Chartered Bank, Syedna Tahir Saifuddin Foundation Building, Office No. 601, 6Th Floor, Beaumont Road, Civil Lines
Karachi; Sindh; Postal Code: 74000

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Website: http://www.olpmodaraba.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
1987
Key Executives
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Chairperson
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
Ownership Details
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52.56%
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18.13%
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12.27%
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10.07%
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4.56%
Subsidiaries
Standard Chartered Bank, Pakistan Branch
10%
Company Performance
Financial values in the chart are available after Olp Modaraba report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency PKR. Absolute financial data is included in the purchased report.
Net interest income
9.55%
Operating profit (EBIT)
10.63%
Net Profit (Loss) for the Period
22.48%
Total assets
13.39%
Total equity
5.69%
Total Assets Trend
11.64%
Net Interest Income Trend
-11.31%

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