Loads Limited

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

Loads Limited

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.pk
Footnotes / references Financials As of 30 June 2023[update] [1]

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]

Subsidiaries

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