And any informationwhich is nessecary 2. l1.
Financialand annual reportsCompany prospectuswhich is issued have follow information and data.Disclosurerequirement.Any public limited organizationor body corporate having least paid up capital of two hundred million rupees(Rs.
200 million) may apply for posting on a stock trade in Pakistan. section 2of the Ordinance prohibts private limited organizations to welcome overallpublic for membership of their securities including shares. A remoteorganization having spot of business in Pakistan can likewise apply for thEligibilityfor listing.Person who hold ten percent ormore offer shares to general public.Saleof shares are offer to general public by existing shareholders.Anorganization raising fund for achievingits needs through issue of securitiesi.e.
shares, bonds and so on to different classes of speculators including theoverall population. At one point an organization chooses to raise subsidize fromthe overall population, it is required under section 57 of the CompaniesOrdinance, 1984 (the Ordinance) to issue, circle and distribute, afterendorsement of SECP, outline i.e. a record welcoming the overall population formembership of securities of the organization. In the event of a remoteorganization having spot of business in Pakistan, area 461 read with segment 57of the Ordinance is important. The application under area 57 should be made onformat given at Annexure-II and might be attached by such records.
Issueof shares by company which is doing ipo.Theissuer that intends to do ipo have to list on stock exchange for this he shouldan application to the stock exchange under section 9 of securities and exchangeordinanance 1969.the application for ipo is on the format of annexure-1 andattached by given document and information .1.apllicationfor listing on the stock exchange.