Established in 1965

Introduction
• Security papers limited was incorporated in 1965 as a first company in Pakistan to manufacture
security papers with unique features primarily bank note paper.
• Security Papers was formed as a Private Limited Company in 1965, as a joint venture of Iran,
Turkey & Pakistan under the RCD Framework. It was then converted into a Public Limited
Company in 1967 and listed in Pakistan Stock Exchange .
•Shareholding Details:
40% SBP through PSPC | 10% Iran | 10% Turkey | 30% Institutions as Private Investments
• The geographical presence of the Company is in Karachi, Pakistan, while its customers are
located in Karachi, Lahore, Gujranwala, Faisalabad, Islamabad, Peshawar and other major cities
of the country
• Company has a production capacity of 5,000 tons per year, production of bank note paper every
year is 3,300 tons only.
Our Products
Non Judicial Stamp
Banknote Paper Prize Bond Paper
Paper

Educational
E – Stamp Paper
Certificates and Parchment Paper
(Govt. of Punjab)
Degree Paper

CBS – 1
Passport Paper NADRA CRC Paper
(Cheque Paper)

Ballot Paper
(Proprietary for
ECP)
Security Features
OVERT :
• Portrait Watermark
• ‘E’ Type Watermark
• Embedded Security Thread
• Windowed Security Thread

COVERT :
• Invisible Fiber
• 15 – 20 chemical sensitization
Milestones & Key
Achievements
WE BELIEVE IN PROVIDING QUALITY PRODUCTS TO OUR
CUSTOMERS
 MILESTONES
2003 Installation of new Paper Machine (PM2)

2006 : Reverse Osmosis (RO) Plant

2009 : Captive Power Plant

2012 : New Mould Cover manufacturing facility

2016 : Passport Paper developed and produced

2020 : Waste Water Recycling Plant

2022 : Renewable Energy (10 KW + 40 KW), New Refiners, Up-gradation of Winder machines

Proud moment – Supply2022

of ECP Watermarked Paper

Committed to growth and sustainability

 Awards
PSX Top Companies Award:
• Won Top 25 Companies Award of
PSX for the years 2000 to 2007 and
2009 to 2016 & 2018 to 2021.
• (Top 25 Companies Award 19
times out of the last 21 years)
MAP Corporate Excellence
Award:
• Won 36th Corporate Excellence
Award of the Management
Association of Pakistan (MAP)-
• Holds 24th to 29th Awards (6 times
in a row) as well as 31st to 37th (7
times in a row).
Best Corporate Report
Award by ICAP & ICMAP:
• Won Best Corporate Report Award
in 2003 and 2006 to 2012
• Best Corporate Report Award for
FY 2020
• Best Sustainability Report Award
for FY 2020 and 2021
Capacity (In Tons – Per Annum)

Installed Capacity– 5,000

ECP Watermark Other Security

Banknote Paper Passport Paper
Paper Papers
3,300 Tons 300 Tons
1,000 Tons 212 Tons

We are already working with international consultants to increase our production capacity
to 6,000 tons per annum
ECP Watermark Paper
SPL’S PROUD JOURNEY WITH THE ELECTION COMMISSION
OF PAKISTAN
 Our Journey with ECP (Election commission of Pakistan)
Formal Contact Established 2nd Agreement
with ECP in 2022 300 tons
• Regular Plant Visits
R & D, Product Shipped between Aug
‘23 – Sep ’23 and Product
Development and
Commercial Run Approvals Foreign Reserves Saving: USD 1.42 Million Inspection by ECP

• Proven Track Record

of Quality and Timely
Deliveries

1st Agreement 3rd Agreement • Total FOREX Reserves

800 Tons 200 tons Saving till date: USD
Shipped between Approval received on 27 6.49 Million
Oct ‘22 – Feb ‘23 Jan 2024, with deadline of
Foreign Reserves Saving: USD 3.75 Million 8 March for deliveries at
Presses (incl. transit of 3
days)
Order ready by 2nd March
Foreign Reserves Saving: USD 1.32 Million
The Future
•We are a KPID A – 1 installation
•Import of any security papers in Pakistan is not allowed as per import policy. Exceptions are
based on certification of Security Papers if they are not able to produce the said paper locally.
•Any security paper which can not be produced in Pakistan can be imported subject to NOC of
Security Papers limited.
•Our raw material procurement and production capabilities are fully equipped to handle
contingencies and disruptions
•We value our relationship with ECP in the Development and Production of Secure Watermark
Paper specific to their requirements and are committed for the future
THANK YOU