CORPORATE PROFILE
First Dawood Investment Bank Ltd. (FDIB) was incorporated on June 22, 1994 as Dawood Leasing
Company Ltd. with a paid up capital of Rs.250M and in less than a decade its status was upgraded to that
of an investment bank. It was listed on Karachi Stock Exchange against a public offering of Rs.95M,
whereas the company received a subscription of over Rs.140M despite the then prevailing bearish market
conditions, while today the outstanding share capital is nearly Rs.1.50bn. During the first thirteen years of
business operations the balance sheet size peaked over Rs.12.0bn and it also showed consistent profits for
13-years and shared handsome returns with shareholders. FDPL successfully carried-out investment
banking activities including, but not restricted to; financial advisory, underwriting of IPOs, investment in
Pre-IPOs, secondary market operations, lease consortiums, lease financing, real estate construction, rental
REIT model, trustee services to corporate bonds (TFCs & Sukuks) & mutual fund etc.
The principle line of business of the FDPL is construction, development and renting-out of properties.
Recently, FDPL has constructed its first building i.e. Dawood One – a distinguished three-side corner
building, poised to redefine commercial excellence in the prestigious at Ayubia Commercial, Phase VII
(Ext), D.H.A., Karachi which is now fully rented.
Apart from the above FDPL has an office premises in Lakson Square building No.1, Karachi which is
also rented. The company also has an open piece of industrial land in Punjab, which either will be
developed or will be sold as per the decision of board of directors.
Strategy for business sustainability
It is pertinent to mention that FDPL is not engaged in any type of transaction or business as real estate
agent, we shall remain focused on the following areas;
- Directly constructing buildings
- Construction in partnerships/Muskarika model
- Renting-out of properties to high net worth individuals and renowned corporate customers,
- Thus enhancing size of real estate portfolio in best interest of the company and its shareholders.
Further, the memorandum permits the company to engage in all the lawful businesses and shall be
authorized to take all necessary steps and actions in connection to increase its value on the stock
exchange.
Status: “Public Interest Company”
PSX Symbol: FDPL
NTN No.: 0698109-7
Company Registration No.: K-05425
