TPL Properties
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TPL Properties Limited is a Pakistani real estate company headquartered 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 ...
.


History

Founded in 2007, TPL Properties is engaged in investing, purchasing, along with development of real estate including residential and commercial buildings. The company also sells, rents out, or disposes off the real estate. In 2016, TPL Properties changed its status from a private limited company to a public company and was listed on the
Pakistan 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 market on 8 September 2021. Pakistan Stock Exchange was founded in 1947 as ...
, following an
initial public offering An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investm ...
at a
strike price In finance, the strike price (or exercise price) of an option is a fixed price at which the owner of the option can buy (in the case of a call), or sell (in the case of a put), the underlying security or commodity. The strike price may be set ...
of PKR 12.50. In December 2022, TPL REIT Management Company Limited (TPLRMC) jointly partnered with UAE-based TASC Towers to acquire a portfolio of 10,500 telecom towers in Pakistan.


Subsidiaries

* TPL Property Management * TPL Developments * TPL Logistic Park * TPL Technology Zone Phase-I * TPL REIT


References


External links

* Pakistani companies established in 2007 2016 initial public offerings Companies listed on the Pakistan Stock Exchange Companies based in Karachi Companies of Sindh {{Pakistan-company-stub