Dawood Equities Limited (PSX: DEL) has received formal approval from the Securities and Exchange Commission of Pakistan (SECP) to operate as a Consultant to the Issue under the Public Offering (Regulated Securities Activities Licensing) Regulation, 2017. The development marks a significant milestone for the company as it expands its operational scope within Pakistan’s capital markets ecosystem.
The announcement was made through an official notification to the Pakistan Stock Exchange, confirming that the SECP has granted Dawood Equities the license required to offer advisory and consultancy services related to public offerings, in accordance with regulatory guidelines.
As a Consultant to the Issue, Dawood Equities is now authorized to provide a range of services pertaining to the issuance of equity and debt securities. These include advisory on structuring offerings, regulatory compliance, due diligence, and coordination with stakeholders involved in the capital raising process. The role is central to ensuring transparency, investor protection, and efficiency in public offerings, particularly initial public offerings (IPOs), rights issues, and other listed instruments.
Dawood Equities Limited was incorporated in Pakistan on May 3, 2006, as an unquoted public limited company under the provisions of the Companies Act, 2017. The firm’s core business has traditionally revolved around trading and brokerage of listed equities, underwriting, and select investment services. The latest license acquisition aligns with its broader goal to diversify and strengthen its foothold in Pakistan’s financial advisory and capital markets segments.
This regulatory development also reflects SECP’s continued commitment to fostering a structured and credible capital market environment, where qualified intermediaries are licensed to support the growth of listed instruments and enable businesses to raise capital through formal channels.
Market analysts view the license as a strategic opportunity for Dawood Equities to capture value in Pakistan’s evolving financial landscape. As the demand for structured advisory services grows, particularly with rising interest in capital markets and public listings, the availability of experienced consultants becomes critical to facilitate corporate financing activities.
The capital market in Pakistan is gradually transitioning into a more regulated, transparent, and investor-centric space. In this context, the licensing of Dawood Equities under the Public Offering Regulations 2017 strengthens the intermediary framework required to support healthy market development. It is expected that more companies seeking to go public or raise funds through listed securities will benefit from the expertise of licensed consultants like DEL.
By extending its offerings beyond brokerage and into consultancy for public issues, Dawood Equities is set to contribute more significantly to capital formation and investment facilitation across key sectors. This move is consistent with a broader trend among market players aiming to expand vertically within the regulatory framework to capture long-term value.
With the Consultant to the Issue license now in hand, Dawood Equities is positioned to serve a wider array of clients—both public and private—looking to navigate the complexities of raising capital in Pakistan’s increasingly structured financial market.