Loads Limited
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| File:Loads Limited logo (2024).png | |
| Company type | Public |
|---|---|
| PSX: LOADS | |
| Industry | Automobile |
| Founded | 1979 |
| Founder | Syed Shahid Ali |
| Headquarters | Karachi, Pakistan |
Area served | Pakistan |
Key people | Munir K. Bana (CEO) Syed Shahid Ali (chairman) |
| Revenue | Decrease Rs. 4.493 billion (US$16 million) (2023) |
| Decrease Rs. -867.658 million (US$−3.0 million) (2023) | |
| Decrease Rs. -1.798 billion (US$−6.2 million) (2023) | |
| Total assets | Decrease Rs. 6.844 billion (US$24 million) (2023) |
| Total equity | Decrease 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[update] [1] | |
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Loads Limited is a Pakistani auto-parts maker based in Karachi.[2][3] It manufactures exhaust systems, mufflers, radiators and sheet metal components.[4]
History
[edit | edit source]Loads Limited was founded in 1979.[4]
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.[5][4]
In 2018, Loads began manufacturing alloy wheels at its plant in Port Bin Qasim, Karachi.[6][7] The used plant was procured from Australia and has capacity to 500,000 wheels per year.[6][8]
Production
[edit | edit source]Loads has three manufacturing plants located in Korangi and Port Bin Qasim in Karachi.[4]
Products
[edit | edit source]Subsidiaries
[edit | edit source]- Specialized Autoparts Industries Limited (100%)[4]
- Multiple Autoparts Industries Limited (92%)[4]
- Specialized Motorcycles Limited (91%)[4]
- Hi–Tech Alloy Wheels (80%)[4]
References
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