Growth Securities
Growth Securities (Private) Limited
- PSX TREC 102
- Active
- Trading & Self-Clearing
- Karachi
Data last checked 13 Oct 2026. Spot an error? Tell us.
Key facts
- Growth Securities (Private) Limited is a Pakistan Stock Exchange trading & self-clearing broker, licence TREC 102, listed as "Active" on the PSX register.
- It is based in Karachi and established in 2005.
- Its largest shareholder is Muhammad Shahid, with 51%.
- Its chief executive is Muhammad Shahid.
- It posts the PSX minimum commission (0.15% of trade value, or 3 paisa per share if higher) and does not publish its own rate.
- Its trading apps include Vtrade and Vtrade Touch.
- In the PSX top-10 lists for September 2026, it ranked #5 for traded volume.
At a glance
- PSX licence
- TREC 102, status "Active" on the PSX register
- Office
- Room # 82 83, Second Floor, Pakistan Stock Exchange Building, Stock Exchange Road. Karachi 74000
- Phone (PSX register)
- 021-32463002-4
- Established
- 2005
- Website
- growthsecurities.com.pk
- Tariff page
- growthsecurities.com.pk/download/cslab.pdf
- Complaints page
- growthsecurities.com.pk/investor-grievances-feedback
- Account opening
- growthsecurities.com.pk/downloads
- Research page
- growthsecurities.com.pk/research
- Financial disclosures page
- growthsecurities.com.pk/financial-highlights
PSX rankings, September 2026
Fees and charges
Each rate links to the broker's own published schedule. Where the original wording is unclear, we show a plain version and the exact wording beneath it. Brokers change rates, so confirm the current rate with the broker before you trade.
| Charge | Applies to | Rate | Source |
|---|---|---|---|
| Equity commission Brokerage commission, deliverable futures market (PSX standard minimum) | all | 0.15% of trade value, or 3 paisa per share if higher (minimum) As published: 3p or 0.15% whichever is higher From PSX notice N-1258 (9 Oct 2019, effective 14 Oct 2019), the exchange-wide standard range for all brokers. Growth links it as its 'Commission Structure' but does not publish its own rate; its account-opening form says commission is set per client in a package sheet. The minimum applies to each buy and each sell not squared during the contract period, and to one side only if squared up by an offsetting trade or rollover. | source: growthsecurities.com.pk/download/cslab.pdf, checked 13 Oct 2026 |
| Equity commission Brokerage commission, ready market (PSX standard minimum) | all | 0.15% of trade value, or 3 paisa per share if higher (minimum) As published: 3p or 0.15% whichever is higher From PSX notice N-1258 (9 Oct 2019, effective 14 Oct 2019), the exchange-wide standard range for all brokers. Growth links it as its 'Commission Structure' but does not publish its own rate; its account-opening form says commission is set per client in a package sheet. The minimum applies to each buy and each sell on normal trades; to one side only on intra-day squared trades; and on trades financed through MTS/MFS/Morabaha, to the ready purchase or sale only, with no minimum on the financing transaction. | source: growthsecurities.com.pk/download/cslab.pdf, checked 13 Oct 2026 |
| Equity commission Maximum brokerage commission (PSX ceiling) | all | At most 2.5% of trade value (PSX upper limit, not a Growth rate) As published: up to 2.5% of the transaction value From PSX notice N-1258 (9 Oct 2019, effective 14 Oct 2019), the exchange-wide standard range for all brokers. Growth links it as its 'Commission Structure' but does not publish its own rate; its account-opening form says commission is set per client in a package sheet. The 2.5% figure is the regulatory ceiling on commission, not a rate Growth charges. | source: growthsecurities.com.pk/download/cslab.pdf, checked 13 Oct 2026 |
| Equity commission Brokerage commission, arbitrage between ready and futures markets | No minimum commission on ready-futures arbitrage trades As published: No minimum rate of commission From PSX notice N-1258 (9 Oct 2019, effective 14 Oct 2019), the exchange-wide standard range for all brokers. Growth links it as its 'Commission Structure' but does not publish its own rate; its account-opening form says commission is set per client in a package sheet. This exemption covers arbitrage trades only; ordinary client trades carry the minimum above. | source: growthsecurities.com.pk/download/cslab.pdf, checked 13 Oct 2026 |
Ownership
| Holder | Type | Share | Source |
|---|---|---|---|
| Muhammad Shahid From the broker's Share Holding Pattern page (undated; crawled 13 Oct 2026). The three holdings listed add up to 10,000,000 shares of Rs 10 each. | Individual | 51% | source: growthsecurities.com.pk/share-holding-pattern, checked 13 Oct 2026 |
| Muhammad Iqbal From the broker's Share Holding Pattern page (undated; crawled 13 Oct 2026). The three holdings listed add up to 10,000,000 shares of Rs 10 each. | Individual | 48.995% | source: growthsecurities.com.pk/share-holding-pattern, checked 13 Oct 2026 |
| Zeeshan From the broker's Share Holding Pattern page (undated; crawled 13 Oct 2026). The three holdings listed add up to 10,000,000 shares of Rs 10 each. | Individual | 0.005% | source: growthsecurities.com.pk/share-holding-pattern, checked 13 Oct 2026 |
People
| Name | Role | Source |
|---|---|---|
| Muhammad Shahid | Chief Executive Officer | source: psx.com.pk/…/st-of-TREC-Holders-New-07-05-26.pdf, checked 13 Oct 2026 |
| Muhammad Iqbal | Director | source: growthsecurities.com.pk/management-profile, checked 13 Oct 2026 |
| Nasheed Malik | Head of Equity Research | source: growthsecurities.com.pk/research, checked 13 Oct 2026 |
Services
- Corporate financesource: growthsecurities.com.pk/introduction, checked 13 Oct 2026
- Equity researchsource: growthsecurities.com.pk/…/ctivities-and-services, checked 13 Oct 2026
- Mobile appsource: growthsecurities.com.pk, checked 13 Oct 2026
- Online account openingsource: growthsecurities.com.pk, checked 13 Oct 2026
- Corporate Sales Desksource: growthsecurities.com.pk/…/ctivities-and-services, checked 13 Oct 2026
- Web tradingsource: growthsecurities.com.pk, checked 13 Oct 2026
Mobile apps
| App | Platform | Publisher | Store rating |
|---|---|---|---|
| Vtrade | Android | VisionMax (Private) Limited | |
| Vtrade Touch | iPhone / iPad | VisionMax (Private) Limited |
Technology partners
- VisionMax (Private) Limited (Trading app) source: play.google.com/…/details?id=com.vtrade.touch, checked 13 Oct 2026
Investor tools on its website
- Education Center
- Homepage index and volume leaders
- Research Report 17 items, latest item 17 Sept 2026
Financial disclosures
Documents the broker lists on its own website. We link to them but have not reviewed their contents. Titles are as the broker shows them.
- July, 2026, period ending 31 Jul 2026
- 3rd Quarter - March, 2026, period ending 31 Mar 2026
- First Half Yearly - December, 2025, period ending 31 Dec 2025
- Yearly - June, 2025, period ending 30 Jun 2025
Branches and contact
- Karachi (head office): Room # 82 83, Second Floor, Pakistan Stock Exchange Building, Stock Exchange Road. Karachi 74000
email: growthsecurities102@gmail.comemail: info@growthsecurities.com.pkfacebook: https://www.facebook.com/growthsecuritiespvtltdinstagram: https://www.instagram.com/growthsecuritiespvtltd/?hl=enlinkedin: https://www.linkedin.com/company/growth-securities-pvt-ltd/phone: +92-21-32463001x_twitter: https://x.com/growthsec102
Questions about Growth Securities
Is Growth Securities a licensed PSX broker?
Growth Securities (Private) Limited holds Trading Right Entitlement Certificate (TREC) 102 and is listed as "Active" on the Pakistan Stock Exchange register of TREC holders.
Who owns Growth Securities?
According to its published shareholding, the largest shareholders are Muhammad Shahid (51%), Muhammad Iqbal (48.995%) and Zeeshan (0.005%).
What commission does Growth Securities charge?
Growth Securities (Private) Limited posts the PSX minimum commission (0.15% of trade value, or 3 paisa per share if higher) and does not publish its own rate. Ask the broker for the rate it will charge you.
Who is the CEO of Growth Securities?
The chief executive of Growth Securities (Private) Limited is Muhammad Shahid.
Where is Growth Securities's head office?
Growth Securities (Private) Limited's head office is at Room # 82 83, Second Floor, Pakistan Stock Exchange Building, Stock Exchange Road. Karachi 74000.
Does Growth Securities have a mobile trading app?
Yes. Growth Securities (Private) Limited offers Vtrade and Vtrade Touch, available on Android and iPhone.
When was this information last checked?
The facts on this page were last checked against Growth Securities (Private) Limited's own published material on 13 Oct 2026. Each fact links to its source.
Information only, not investment advice. Details come from the broker's own published material and may change; confirm anything important with the broker.