• Welcome to SG Allied Businesses Limited


    Formerly Known as SG Fibre Limited


    CONTACT US
  • Associated Companies:


    SG Power


    VISIT SITE

Our Vision

To be national and international recognized trend-setter, producing and introducing new varieties of highly value added products and services to our customers both in Pakistan and abroad.

Vision


To be national and international recognized trend-setter, producing and introducing new varieties of highly value

added products and services to our customers both in Pakistan and abroad.

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Mission


Our mission is to exceed the expectation of our customers in producing highest quality products and services. With determination

of greater returns to shareholder and goods opportunities to employees, to make the company a high flyer of all times.

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Business Activities / Objects

From the beginning we had been producing exceptionally high quality products of polyester filament yarn. Every time we

introduced new varieties in the market which was followed by other later on. We wish to strive continuously to achieve higher levels of excellence by employing most Modern manufacturing technology Operational & Financial Management, to extend our maximum contribution to our beloved Country in almost all possible fields specially to National exchequer.

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Information


CR Number: 0002797

NTN: 0698486-0

Associated Companies: S.G. Power Limited

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Company History

SG Allied Businesses Limited (Formerly S.G. Fibre Ltd) emerged as a Private Limited Company on December 11, 1968, with the name of SG Rayon Mills that later converted into a Public Limited Company on March 16, 1994 and renamed as SG Fibre Limited on November 3, 1994.

SG Allied Businesses Limited (Formerly S.G. Fibre Ltd) was listed on the Karachi Stock Exchange on March 28, 1996 and just after a year of its enlistment the Company’s share became highest among the category of Filament Yarn Manufacturers on the Exchange

SG Allied Businesses Limited (Formerly S.G. Fibre Ltd) has been one of the most modern and technologically advance Polyester Filament Yarn Manufacturer in Pakistan. Our Mill was equipped with the World’s Leading Machineries which is coupled with the highest competence of Technological Support and that is what used in the Production of our Specialty Yarn.

The Quality of our products remained widely recognized among the work of other Filament Yarn Manufacturers and it catered a sphere of Clients around the world.

We were the first company to start High Quality Polyester Fabric Jet Dyeing in Pakistan in 1977-1978 and it was the sole business of the company up to the year 1982. In the same year Our Polyester Yarn Manufacturing Unit started the Production of Pre-Oriented Yarn (POY) for the First time in Pakistan.
Lately, due to adverse economic conditions the Filament Yarn industry faced difficulties so as to remain a viable venture. Recently, the Company has diversified its business activities towards more lucrative options such as agriculture based products and cold storage; aligning to this diversification, the Company has been restyled as "SG Allied Businesses Limited".

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Profile Of Directors

Chief Executive and Director
Mr. Sohail Ahmed, aged 55 years, is the Chief Executive of the company, he has a practical experience over 30 years in manufecturing and marketing of textile products. He holds the office of Chief executive since 2013. Mr. Sohail Ahmed is the commerce graduate from University of Karachi.
Executive Director
Mr. Asim Ahmed is the Executive Director of the Company, he has a practical experience of over 30 years of manufacturing and marketing of Textile Products. He holds the office of Chief executive since 2013. Mr. Asim Ahmed is the commerce graduate from University of Karachi.
Executive Director
Farhan Sohail studied Industrial engineering in the USA after which he worked at Tesla in Reno, NV. He moved to Pakistan in August 2019 to join SG Allied Businesses Limited. He is currently serving as the Executive Director of SG Allied Businesses and is responsible for establishing the first button mushroom farm in Pakistan according to European standards. He has successfully set up a project of SG Allied Businesses by the name of Clean Greens that produces and supplies fresh vegetables year round to to various markets across Pakistan.
Non-Executive Director
Mrs. Ghazala Saleem is the non-Executive Director of the company and is the commerce graduate from University of Karachi.
Non-Executive Director
Mrs Saba Sohail, age 54, having degree of BA is wife of Sohail Ahmed. Working as a director in Medora of London ( pvt ) Ltd for the last 20 years. In Medora she looks after R&D and production of cosmetics.
Non-Executive Director
Qualification- masters in education Taught science at the British overseas school Karachi for 5 years and incorporated learning based play in the classroom to make education more enjoyable and meaningful Now running two businesses side by side - a bakery called sugar drizzle and clothing brand called Ismara that empowers women.
Non-Executive Director
Bina Sohail has graduated in BA Product Design from Central Saint Martins, University of the Arts London. We are the pioneers of hand painted concrete planters in Pakistan. We had a humble start from a garage in 2018 and have gradually moved into a small workshop Karachi. We love experimenting with new and innovative materials in order to discover new possibilities.

Financial Information

Free Float

Financial Highlights

2022 2021 2020 2019 2018 2017 2016 2015
Revenue 14,247,055 16,902,796 5,245,450 4,623,699 4,167,790 574,604 - -
Gross Profit / (Loss) 4,392,717 13,495,485 2,595,035 4,228,513 3,635,495 206,629 -4,374,418 -5,689,640
Total Assets 1,233,802,609 1,166,565,258 1,148,303,355 553,294,672 577,583,831 594,860,040 632,012,913 664,731,828
Total Liabilities 290,845,762 302,051,072 600,882,398 420,585,350 430,276,004 4443,852,277 462,298,921 459,651,681
Profit / (Loss) after Tax -9,407,339 -11,907,103 -2,169,729 -16,306,682 -5,597,909 -20,815,087 -14,600,240 -113,717,972
Current Ratio 0.09 0.12 0.10 0.10 0.13 0.14 0.25 0.23
Debt / Equity Ratio 33.49% 33.69% 67% 159% 156% 176% 163% -104%
Net Cash Flow 1,921,164 10,248,536 2,601,723 -4,355,692 717,146 8,879,558 7,375,478 -456,646

Invester Information

Form of Proxy

Share Registrar

  • F.D Registrar Services (Pvt) Ltd
  • 17th Floor, Saima Trade Tower-A,I.I. Chundrigar Road Karachi-74000.
  • Phone: 9221-32271905-6

Stock Exchange Listing

Symbol of the company assigned by Pakistan Stock Exchange Limited is 'SGABL'. You may visit the website through the below provided link to see the latest information.

Invester Information

Investor Grievances

For investor related queries / grievances following may be contacted.

Mr. Sohail Ahmed -Director

Cell no. : 03332142288

Phone: 02132593410-11

DISCLAIMER: “In case your complaint has not been properly redressed by us, you may lodge your complaint with Securities and Exchange Commission of Pakistan (the “SECP”). However, please note that SECP will entertain only those complaints which were at first directly requested to be redressed by the Company and the company has failed to redress the same. Further, the complaints that are not relevant to SECP’s regulatory domain/competence shall not be entertained.”

Pattern of Share-holdings

Number of Share-holders Share-holdings Total Shares Held
From To
1 101 500 500
1 785001 790000 788,800
2 1305001 1310000 2,613,000
3 2610001 2615000 7,842,800
1 3750001 3755000 3,754,900
8 15,000,000
Categories of Shareholders Numbers Shares Held Percentage
Directors, CEO, their spouses and minor children 5 9,150,150 61.00
Financial Institutions 2 4,543,700 30.29
Individuals 1 1,306,150 8.71
Total 8 15,000,000 100.00
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Our Vision

To be national and international recognized trend-setter, producing and introducing new varieties of highly value added products and services to our customers both in Pakistan and abroad.

Visit Site or give us call (021) 32593510-11