Professional Documents
Culture Documents
Revised / Amended November 28, 2002/June 23, 2004/March 09, 2005/July 01, 2009/March 16, 2010
NORMAL COUNTER
• Minimum paid up capital of Rs. 200 million for a company seeking listing
• The offering document has to be cleared by KSE before it is submitted to the Securities &
Exchange Commission of Pakistan for approval.
• The company seeking listing is required to fulfill the relevant requirement of the Exchange
under the Listing Regulations and the disclosures as required under the Second Schedule
of the Companies Ordinance 1984 & Companies (Issue of Capital) Rules, 1996.
• In case where the shares of the Company are issued / offered through Book Building, it
shall comply with the requirements as set out in Appendix - 4 to the Listing Regulations of
the Exchange.
• The listing application completed in every respect along with offering document requires 2
to 3 weeks for clearance of the offering documents by the Exchange.
• The companies are allocated dates for publication of offering document / public
subscription on receipt of approval under the relevant Laws from the Securities &
Exchange Commission of Pakistan.
• The companies are formally listed within 30 days of close of public subscription.
FEE SCHEDULE
Rates of Initial Listing Fee Payable by the Companies with Listing Application (Listing Rules No.
32)
A company applying for listing on the Exchange, shall pay an initial listing fee equivalent to
one tenth of one percent (1/10 of 1%) of the PAID-UP-CAPITAL subject to a maximum of
rupees two million and five hundred thousand.
Every listed company shall pay, in respect of each financial year of the Exchange,
commencing from 1st July and ending on 30th June next, an annual listing fee, which shall
be payable by or before the 30th September in each calendar year, as per following
schedule:
Provided further that every company applying for listing shall pay annual listing fee for the entire
financial year of the Exchange along with the listing application irrespective of the date of its listing
during the financial year.
(iii) Further, a company applying for enlistment on the Exchange shall, in addition to other
fees, pay a sum of Rs. 50,000/- (Rupees fifty thousand only) as non-refundable service
charges.
Note:
The total amounts of fees mentioned above are subject to withholding tax deduction at applicable
tax rates.