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by | Mar 16, 2018 | Hosta

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Loads Limited (Urdu: لوڈز لمیٹڈ) is a Pakistani auto-parts maker based in Karachi.[2][3] It manufactures exhaust systems, mufflers, radiators and sheet metal components.[4]

History

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

Loads has three manufacturing plants located in Korangi and Port Bin Qasim in Karachi.[4]

Products

  • Radiator[2]
  • Muffler[2]
  • Sheet metal components[2]

Subsidaries

  • Specialized Autoparts Industries Limited (100%)[4]
  • Multiple Autoparts Industries Limited (92%)[4]
  • Specialized Motorcycles Limited (91%)[4]
  • Hi–Tech Alloy Wheels (80%)[4]

References

  1. ^ "Loads Limited Annual Report 2023". Retrieved 21 May 2024.
  2. ^ a b c d Hussain, Dilawar (September 12, 2016). "Mobilising funds to keep the wheels turning". DAWN.COM.
  3. ^ "Loads establishing alloy wheels manufacturing plant". The Express Tribune. 15 December 2017.
  4. ^ a b c d e f g h "Loads Limited". Business Recorder. 11 July 2018.
  5. ^ "Loads Limited IPO: Book-building process results in strike price of Rs34". The Express Tribune. September 7, 2016.
  6. ^ a b Reporter, The Newspaper's Staff (15 December 2017). "Loads Ltd to manufacture alloy wheels".
  7. ^ Farooq, Mohammad (December 14, 2017). "Loads Limited to become first manufacturer of alloy wheels in Pakistan". Profit by Pakistan Today.
  8. ^ Farooq, Mohammad (July 10, 2018). "Hi-Tech Alloy Wheels Ltd set to get listed on PSX". Profit by Pakistan Today.
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