Company OLP Modaraba

Equities

OLPM

PK0032401017

Corporate Financial Services

End-of-day quote Pakistan S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
13.45 PKR -0.37% Intraday chart for OLP Modaraba -0.52% +10.16%

Business Summary

OLP Modaraba, formerly Orix Modaraba., is a Pakistan-based Islamic financial institution. The Company is primarily engaged in financing of plant, machinery, equipment, motor vehicles (both commercial and private) and housing finance under Islamic finance structures. The Company also invests in commercial and industrial ventures suitable for the Modaraba. It offers both consumer and wholesale Shariah compliant products. Its financial products include Ijarah/leasing, diminishing Musharakah, Murabaha, Salam, Istisna and certificates of Musharakah. Murabaha is the sale of commodity on pre-define price and profit. The Company's investment schemes include products, such as Certificate of Musharika (COM). It also offers Syndicate financing facility to clients that require large amount of financing. It operates office in Karachi, Lahore and Islamabad.

Number of employees: 41

Sales per Business

PKR in Million2022Weight2023Weight Delta
Operating Lease
51.5 %
1,093 69.1 % 1,004 51.5 % -8.14%
Finances and Loans
43.7 %
452 28.6 % 852 43.7 % +88.60%
Investment in Subsidiaries, Associates & Others
4.8 %
36 2.3 % 93 4.8 % +159.90%

Sales per region

PKR in Million2022Weight2023Weight Delta
Pakistan
100.0 %
1,580 100.0 % 1,950 100.0 % +23.38%

Managers

Managers TitleAgeSince
Chief Executive Officer - 11-05-02
Director of Finance/CFO - 09-06-30
Compliance Officer - -
Chief Operating Officer - -
Comptroller/Controller/Auditor - 17-12-31
Human Resources Officer - 12-06-30

Members of the board

Members of the board TitleAgeSince
Director/Board Member - 20-04-30
Director/Board Member - 22-02-07
Chairman - 16-05-31
Chief Executive Officer - 11-05-02
Director/Board Member - 20-04-30
Director/Board Member - 20-04-30
Director/Board Member - 23-05-08

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 45,383,530 36,206,824 ( 79.78 %) 0 79.78 %

Shareholders

NameEquities%Valuation
National Investment Trust Ltd.
8.103 %
3,677,560 8.103 % 174 500 ₨

Company contact information

OLP Modaraba

Syedna Tahir Saifuddin Foundation Office No. 601, 6th Floor

, Karachi

+92 21 3824 1168

address OLP Modaraba(OLPM)