First National Equities Limited
PPSX:FNEL1.08
PKR
-0.01
(-0.92%)
ISIN
PK0082301018
Return %
Stock
S&P 500
1Y
-24.21
14.20
3Y
174.11
81.12
5Y
52.97
68.34
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.Company Description
- CEO
- Waseem Ahmad Khan
- Full Time Employees
- 18
- Sector
- Finance
- Industry
- Investment banks/Brokers
- Address
- Lahore Pakistan
- IPO Date
- Oct 31, 2003
- Website
- fnetrade.com
- Similar Companies
- Business
- First National Equities Limited is a Pakistan-based financial services and investment holding company primarily engaged in securities brokerage, financial consultancy, and portfolio investment management. Incorporated in 1994 and headquartered in Lahore, Pakistan, the company operates as a Trading Right Entitlement Certificate holder of the Pakistan Stock Exchange, catering to institutional investors, corporations, high-net-worth individuals, and retail clients across the country. The company structures its offerings across capital market operations, advisory solutions, and strategic investments. Its primary products and services include equity trading and execution services on the Pakistan Stock Exchange; debt market brokerage encompassing treasury bills, Pakistan Investment Bonds, Term Finance Certificates, and commercial paper; corporate finance and advisory services consisting of initial public offering facilitation, debt and equity underwriting, private placements, debt restructuring, mergers and acquisitions advisory, and privatization consultancy; investment management services comprising proprietary portfolio management and securities-backed financing; and digital trading solutions featuring multi-platform online and mobile brokerage access, technical analysis, and equity research reports. In recent developments, First National Equities Limited restructured its core brokerage framework by transitioning from a self-clearing broker to a trading-only broker model under Pakistan Stock Exchange and Securities and Exchange Commission of Pakistan regulations to optimize operational and capital efficiency. In addition, the company has undertaken major strategic business diversifications into real estate and healthcare. Through its wholly-owned subsidiary, FNE Developments (Private) Limited, the company manages real estate and hospitality ventures, including joint development agreements for luxury resort projects. Expanding into the healthcare and pharmaceutical sector, the company approved the complete acquisition of Lahore-based Albert Pharma (Private) Limited, allocating significant capital toward establishing dedicated pharmaceutical manufacturing and distribution operations.