First Elite Capital Modaraba

Crescent Modaraba Management Company Limited was incorporated under the Companies Ordinance 1984 on May 30, 1989 vide Registration No. L-01630 as a Public Limited Company.The Company floated First Elite Capital Modaraba in 1991 with an authorized Capital of Rs. 200.00 (M). The Modaraba offered shares worth Rs. 100.00 (M) to public which were over subscribed. It is a perpetual, multipurpose and multidimensional Modaraba.Presently Modaraba has paid up Capital of Rs. 113.40 (M).