Difference Between Listed And Unlisted Companies In Pakistan explained here in below given narrative.
The listed company are those firm whose shares are listed or quoted on the stock exchange for public trading. This is also called the quoted company. The shares of this company are traded on an official stock exchange. These shares are listed in the record of the exchange. The record contains how many shares are listed at minimum earning levels. A listed company also offers its shares for trading and earning a profit in a stock exchange. Any person can buy or sell shares openly via every corner of the country. All listed companies make an agreement with stock exchange and follow the guidelines of the stock exchange.
Examples of listed company:
Automobile parts and accessories, commercial banks, construction and materials, engineering, fertilizer, food, personal and healthcare products, service insurance, an investment bank, leasing companies, media, mutual funds, oil and gas exploration, textiles, pharmaceuticals, power generation and distribution, software and computer services. Etc.
The unlisted company is a firm whose shares are not listed or quoted on any stock exchange, that can have an unlimited number of shareholders for the purpose to raise the capital for any financial profitable deal. This is also called the public limited company or private limited company. An unlisted company not offer any shares for trading and earning a profit in a stock exchange. Their shares are unavailable to the general public for trading.
Examples of the unlisted company:
Pakistan steel mills, Website mechanic, Seven-star marketing, Comstar ISA, Pakman microfinance bank, Sign up a solution, Global tech. etc.
Difference Between Listed And Unlisted Companies In Pakistan
The key difference between listed and unlisted company:
1.Listed companies’ shares are listed on the stock exchange for public trading while no shares of unlisted companies’ are available for public trading.
2.A listed company called the quoted company and unlisted company called the public limited company.
3.Shares of the listed company are available for trading on an official stock exchange, while no shares are available of the unlisted company for public trading.
4.A listed company is registered in stock exchange on the other hand unlisted company is not registered in the stock exchange.
5.The listed company should have at least 7 members while the unlisted company should have at least 3 members.
6.The listed company obtained the subscription form public while unlisted company invites the subscription from the public.
7.Listed company file its account through commission and registrar and unlisted company file its account through registrar only.
8.Beneficial ownership of the listed company is controlled and recorded while no such restriction is limited to the unlisted company.
9.The listed company prepared its account according to 4th schedule international accounting standards IASs.
10.The unlisted company prepared its account according to 5th schedule international accounting standards IASs. it is all about the Difference Between Listed And Unlisted Companies In Pakistan