Pakistan Security Printing Corporation is a Pakistani securities printing company based in

Karachi Karachi is the capital city of the Administrative units of Pakistan, province of Sindh, Pakistan. It is the List of cities in Pakistan by population, largest city in Pakistan and 12th List of largest cities, largest in the world, with a popul ...

. It is a subsidiary of the

State Bank of Pakistan The State Bank of Pakistan (SBP) is the central bank of Pakistan. Its Constitution, as originally laid down in the State Bank of Pakistan Order 1948, remained basically unchanged until 1 January 1974, when the bank was nationalised and the scope ...

. It prints security notes and prize bonds.

History

Pakistan Security Printing Corporation was established in 1949 for the printing of securities including currency notes for the federal government. In 1995, Pakistan Security Printing Corporation formed a

joint venture A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance. Companies typically pursue joint ventures for one of four reasons: to acce ...

with SICPA to form SICPA Pakistan with a production facility in

. SICPA Pakistan produces security inks used in

banknote A banknote or bank notealso called a bill (North American English) or simply a noteis a type of paper money that is made and distributed ("issued") by a bank of issue, payable to the bearer on demand. Banknotes were originally issued by commerc ...

s of all denominations, as well as other security documents such as

passport A passport is an official travel document issued by a government that certifies a person's identity and nationality for international travel. A passport allows its bearer to enter and temporarily reside in a foreign country, access local aid ...

postage stamp A postage stamp is a small piece of paper issued by a post office, postal administration, or other authorized vendors to customers who pay postage (the cost involved in moving, insuring, or registering mail). Then the stamp is affixed to the f ...

s, and stamp papers. In July 2017, it was acquired by the

from the

Government of Pakistan The Government of Pakistan () (abbreviated as GoP), constitutionally known as the Federal Government, commonly known as the Centre, is the national authority of the Islamic Republic of Pakistan, a federal republic located in South Asia, con ...

for . In the same year, National Security Printing Company was incorporated which tookover tasks of printing

s, national identity cards, and stamp papers from Pakistan Security Printing Corporation. In August 2024, National Security Printing Company was merged into Pakistan Security Printing Corporation.

Companies

Security Papers Limited

Security Papers Limited is a majority-owned company of the Pakistan Security Printing Corporation. It was founded in 1965 as a

among

Pakistan Pakistan, officially the Islamic Republic of Pakistan, is a country in South Asia. It is the List of countries and dependencies by population, fifth-most populous country, with a population of over 241.5 million, having the Islam by country# ...

Iran Iran, officially the Islamic Republic of Iran (IRI) and also known as Persia, is a country in West Asia. It borders Iraq to the west, Turkey, Azerbaijan, and Armenia to the northwest, the Caspian Sea to the north, Turkmenistan to the nort ...

, and

Turkey Turkey, officially the Republic of Türkiye, is a country mainly located in Anatolia in West Asia, with a relatively small part called East Thrace in Southeast Europe. It borders the Black Sea to the north; Georgia (country), Georgia, Armen ...

to manufacture

s and security papers. In 1967, it was listed on the

Karachi Stock Exchange The Pakistan Stock Exchange (PSX), founded as Karachi Stock Exchange (KSE), is a stock exchange based in Karachi, Pakistan. PSX was classified by MSCI as a Frontier markets, frontier market on 8 September 2021. Pakistan Stock Exchange was fou ...

. In 1969, it began commercial operations. In March 2025, Security Papers Limited (SPL) awarded a paper machine upgrade project worth Rs3.4 billion to a German firm

Giesecke+Devrient Giesecke may refer to: People: * Heinz-Eberhard Giesecke (1913–1991), German historian * Karl Ludwig Giesecke FRSE (1761–1833), German actor, librettist, polar explorer and mineralogist * Markus Giesecke (born 1979), German futsal player from R ...

(G+D).

References

{{State Bank of Pakistan State Bank of Pakistan 1949 establishments in Pakistan Banknote printing companies Publishing companies established in 1949 Companies based in Karachi Government-owned companies of Pakistan 2017 mergers and acquisitions 2024 mergers and acquisitions