About K-Electric
K-Electric is a publicly listed company based in Karachi (Pakistan) founded in 1913. Electricity is generated, transmitted, and distributed by K-Electric in Pakistan. K-Electric has raised $361 million across 2 funding rounds from investors including FMO, Shanghai Electric Power and The Abraaj Group. Its website ke.com.pk draws about 478 thousand monthly visits. The company has since been acquired. Its focus areas include Energy, Utilities, Utility Supplier and Electricity.
Company details
K-Electric was founded in 1913 and functions as Pakistans sole vertically integrated power utility. Generation, transmission, and distribution of electricity are managed across Karachi and adjacent regions, encompassing 6,500 square kilometers. Service is provided to over 2.2 million customers in industrial, commercial, agricultural, and residential sectors. The company was nationalized in 1952 and privatized in 2005.
- Headquarters Karachi, Pakistan
- Stage Acquired
- SectorsEnergy & Utilities
- Website ke.com.pk
- Social LinkedIn X Facebook
- Acquired by Shanghai Electric Power (Oct 2016)
- Legal Name K-Electric Ltd.
- Annual Revenue$557.12 B45.53as on Jun 30, 2024
- Net Profit$4.24 Bas on Jun 30, 2024
- EBITDA$5.29 Bas on Jun 30, 2024
- Total Equity Funding$361M (USD)
in 2 rounds
- Latest Funding Round$100M (USD), Debt – Conventional
Apr 2022
- InvestorsFMO
& 2 more
Apps and channels of K-Electric
K-Electric publishes 2 mobile apps with over 1M+ downloads.
Funding Insights of K-Electric
K-Electric has successfully raised a total of $361M across 2 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $100 million completed in April 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $361M
- Total Rounds 2
- Last Round Debt – Conventional — $100M
- First Round $361M
(Apr 2009)
- Investors Count 2
All 2 funding rounds of K-Electric with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2022 | $100M | Debt – Conventional | – | – | |
| Apr 2009 | $361M | Private Equity Round | – | – |
3 investors in total: 3 institutional.
Investors in K-Electric
K-Electric has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include FMO, Shanghai Electric Power and The Abraaj Group.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Development financing is provided for entrepreneurial ventures in emerging markets. | 1970 | fmo.nl | The Hague, Netherlands | |
Private equity investments are managed in emerging markets globally. | abraaj.com | Dubai, United Arab Emirates | ||
Coal-based and renewable power plants are developed and operated. | 1882 | shanghaipower.com | Shanghai, China |
Investor details for K-Electric
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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- Investor portfolios
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People of K-Electric
161 people are tracked at K-Electric (68 in leadership, 6 in board & advisors, 87 in team).
| Name | Role | Group |
|---|---|---|
Majid Khan Lodhi | General Manager IR | Leadership |
Mohsin Khan | People Business Partner | Leadership |
Muhammad Aamir Ghaziani | Chief Financial Officer | Leadership |
Syed Moonis Abdullah Alvi | CEO | Leadership |
Abbas Husain | Chief Generation & Transmission Officer | Leadership |
Imran Qureshi | Chief Regulatory Affairs & Government Relations | Leadership |
Rizwan Pesnani | Chief Risk Officer & Company Secretary | Leadership |
Shehper Bukhari | People Business Partner | Leadership |
Sayyed Zakir Ali Rizwe | Head It/is & OT Systems | Cybersecurity & Power Generation Audits | Leadership |
Fawad Ali Gilani | Chief Distribution Officer | Leadership |
Sheraz Kashif | Chief Supply Chain Officer | Leadership |
Mubashir Hussain | General Manager - Risk Management | Leadership |
Atif Aslam | Chief Information Officer | Leadership |
Tariq Saeed Ghori | General Manager | Leadership |
Muhammad Abdullah Khan | Plant Head | Leadership |
Muhammed Raza Mamdani - Aca | General Manager | Leadership |
Qudsia Tabassum Pervez | Lead People Business Partner | Leadership |
Muhammad Saad Awan | People Business Partner | Leadership |
Muhammad Shahnawaz | General Manager | Leadership |
Muhammad Imran Khan | General Manager - Grid System Maintenance & Protection | Leadership |
141 more people are available in the full profile.
Complete people profiles for K-Electric
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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- Team structure
- Board tenure
- Professional contacts
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IPO & Listings of K-Electric
K-Electric is a publicly listed company on the PSX with ticker symbol KEL in Pakistan, operating in the Utilities sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date25 May 1994
- Listed onPSX: KEL
- Listed entityK-Electric Ltd.
- Exchange sectorUtilities
- ISINPK0000501012
- Share price5.94 PKR (+1.54% on the day) · 2026-10-14
- Market capitalisation161,548,889,945.00 PKR
- Volume (last session)18,229,764
Financials of K-Electric
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2024 | 557.12B PKR | 4.24B PKR | 5.29B PKR |
| 2023 | 382.82B PKR | -30.98B PKR | -118.29B PKR |
| 2022 | 346.38B PKR | 8.47B PKR | -131.93B PKR |
| 2021 | 255.01B PKR | 11.98B PKR | -33.06B PKR |
| 2020 | 193.88B PKR | -2.96B PKR | -65.92B PKR |
Detailed financial statements for K-Electric
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Downloads
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Timeline of K-Electric
5 dated milestones of K-Electric across 109 years, from founding to its latest funding, stage changes and deals.
- Founded K-Electric is founded.
- IPO Lists on the stock exchange (IPO).
- Funding First funding round of $361.0M.
- Exit Acquired by Shanghai Electric Power.
- Funding Latest funding round, Debt – Conventional, of $100.0M.
Web traffic of K-Electric
The website of K-Electric (ke.com.pk) receives about 478.3K visits a month.
- Monthly visits478.3K
▼ 10.7% vs previous month
Websites whose visitors overlap most with K-Electric. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
lesco.gov.pk | lesco.gov.pk | 100% | – | ||
keduplicatebill.com.pk | keduplicatebill.com.pk | 90% | #919,067 | – | |
| bing.com | 90% | 3.5B | #10 | View details | |
| gepco.com.pk | 86% | 344.7K | View details | ||
tamashaweb.com | tamashaweb.com | 85% | #25,910 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for K-Electric
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Related news about K-Electric
Complete news archive for K-Electric
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Frequently Asked Questions about K-Electric
K-Electric was founded in 1913 and raised its 1st funding round 96 years after it was founded.
K-Electric is headquartered in Karachi, Pakistan. It is registered at Karachi, Sindh, Pakistan.
K-Electric is a funded company, having raised a total of $361M across 2 funding rounds to date. The company's 1st funding round was a Private Equity Round of $361M, raised on Apr 2009.
K-Electric was founded in 1913 and functions as Pakistans sole vertically integrated power utility. Generation, transmission, and distribution of electricity are managed across Karachi and adjacent regions, encompassing 6,500 square kilometers. Service is provided to over 2.2 million customers in industrial, commercial, agricultural, and residential sectors. The company was nationalized in 1952 and privatized in 2005.
Yes, K-Electric is publicly traded on PSX under the ticker symbol KEL.
K-Electric has 3 investors. Key investors include FMO, Shanghai Electric Power, and The Abraaj Group.
Yes. K-Electric was acquired by Shanghai Electric Power in October 2016.
Yes. K-Electric publishes KE Live and 1 more app, with over 1 million downloads.
The website of K-Electric receives about 478 thousand visits a month.