Investment Corporation of Pakistan

2. Presented By

3. INTERODUCTION
The investment Corporation of pakistan
(ICP) was established through an
ordinance passed by Pakistan national
assembly in February 1966. with the view
to develop the capital market of the
Economy.

4. During the second five-year plan (1960-1965)
investors lost their confidence. In the regime of
Gen. Auyb Khan Government was working on
the green Revolution at the same time it was
also thought that the Pakistan also needed a
support of industrial infrastructure therefore the
investment corporation of Pakistan was
established
Why ICP is Established

5. The privatization of the leftover ICP with
an attractive investment portfolio passed
through various stages .The privatization
commission wanted to privatize it under its
supervision .Certain legal and technical
hitches ,there were never public , and
eventually the state bank of Pakistan took
up the responsibility
PRIVATIZATION

6. Authorized capital
=Rs.200 Millions
subscribed Capital
=Rs.100 Millions
(by the banks ,state life
insurance and Pakistan
Insurance Corporation)
SHARE CAPITAL
0
50000000
100000000
150000000
200000000
250000000
Authorized capital Subscribed Capital
Capital

7. The corporation managed by Board of
Directors consisting of eleven member
&
A chairman and managing director are
appointed by Federal Government.
Management

8. To underwrite the issue of new securities and
debentures .
To promote and develop the capital market
To help in the floatation of mutual funds
To safeguard the stability of share market
To promote industrial development in Pakistan
To speedup economical growth in Pakistan
Objectives

9. •Lahore
•Karachi
•Islamabad
•Rawalpindi
•Faislabad
•Pishawar
•Queta
•Multan
•Hydrabad
•Sukhar
Branches

10. Functions Of ICP
It involve in purchase and sale of security
It also involve in running of different information centers and
investment schemes
It runs mutual fund and different deposit scheme
It also involve in project planning
It perform underwriting and Brokerage Functions

11. It own Share Capital
Investors money
Issuance of Bonds and Debenture
Long –term Loans
Borrowing from different
institution including SBP
Source of Funds

12. The annual reports reveals loans write
Offs of more than Rs.27 million against
companies that include a small amount
against a well known NWFP family.
Write Off Loans

13. Shareholders
86%
14%
Banks & DFIs
Insurance
Companies

14. Shareholders
22.99
19.96 19.89
12.49
4.99
2 1.59 0.4 0.76 0.4 0.12
0
5
10
15
20
25
Shares Hold By Banks

15. The investment portfolio provided about 80%
capital gains and 20% dividend incomes .
The total holdings of quoted ,unquoted shares
,government bonds COIs stood at2.18 billion at
market value as against cost of Rs.1.42 billion .
The biggest investment of Rs.254.37 million is in
oil and gas followed by Rs228.92 million in the
government securities .
Investment Portfolio

16. It is agreed that ICP has played an
efficient role in the development and
maintenance of stability of capital
market.
Summing Up