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| Company type | Public |
|---|---|
| Traded as | PSX: LOADS |
| Industry | Automobile |
| Founded | 1979; 46 years ago (1979) |
| Founder | Syed Shahid Ali |
| Headquarters | Karachi, Pakistan |
| Area served | Pakistan |
| Key people | Munir K. Bana (CEO) Syed Shahid Ali (chairman) |
| Revenue |  Rs. 4.493 billion (US$16 million) (2023) |
| Operating income | Rs. -867.658 million (US$−3.0 million) (2023) |
| Net income | Rs. -1.798 billion (US$−6.2 million) (2023) |
| Total assets | Rs. 6.844 billion (US$24 million) (2023) |
| Total equity | Rs. 2.165 billion (US$7.5 million) (2023) |
| Owner | Syed Shahid Ali (37.67%) Treet Corporation (12.49%) |
| Number of employees | 382 (2023) |
| Parent | Ali Group |
| Subsidiaries | Specialized Motorcycles (100%) Multiple Autoparts Industries (92%) Specialized Autoparts Industries (91%) Hi–Tech Alloy Wheels (80%) |
| Website | loads-group |
| Footnotes / references Financials As of 30 June 2023 | |
Loads Limited is a Pakistani auto-parts maker based in Karachi. It manufactures exhaust systems, mufflers, radiators and sheet metal components.
History
Loads Limited was founded in 1979.
In 2016, Loads was listed on the Pakistan Stock Exchange, following an initial public offering (IPO) at a strike price of Rs 35 and raised Rs 1.7 billion.
In 2018, Loads began manufacturing alloy wheels at its plant in Port Bin Qasim, Karachi. The used plant was procured from Australia and has capacity to 500,000 wheels per year.
Production
Loads has three manufacturing plants located in Korangi and Port Bin Qasim in Karachi.
Products
- Radiator
- Muffler
- Sheet metal components
Subsidiaries
- Specialized Autoparts Industries Limited (100%)
- Multiple Autoparts Industries Limited (92%)
- Specialized Motorcycles Limited (91%)
- Hi–Tech Alloy Wheels (80%)
References
- "Loads Limited Annual Report 2023". Retrieved 21 May 2024.
- ^ Hussain, Dilawar (September 12, 2016). "Mobilising funds to keep the wheels turning". DAWN.COM.
- "Loads establishing alloy wheels manufacturing plant". The Express Tribune. 15 December 2017.
- ^ "Loads Limited". Business Recorder. 11 July 2018.
- "Loads Limited IPO: Book-building process results in strike price of Rs34". The Express Tribune. September 7, 2016.
- ^ Reporter, The Newspaper's Staff (15 December 2017). "Loads Ltd to manufacture alloy wheels".
- Farooq, Mohammad (December 14, 2017). "Loads Limited to become first manufacturer of alloy wheels in Pakistan". Profit by Pakistan Today.
- Farooq, Mohammad (July 10, 2018). "Hi-Tech Alloy Wheels Ltd set to get listed on PSX". Profit by Pakistan Today.
 Automotive industry in Pakistan | |
|---|---|
| Domestic manufacturers | |
| Foreign companies with operations | |
| Defunct manufacturers | |
| Components & parts | |
| Related topics | |
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