| SYS | |
| Company type | Public |
| PSX: SYS KSE 100 component KSE 30 component | |
| ISIN | PK0109001013 |
| Industry | Software |
| Founded | 1977; 48 years ago (1977) |
| Founder | Aezaz Hussain |
| Headquarters | , |
Area served | World Wide |
Key people | Aezaz Hussain (Chairman & founder) Asif Peer (CEO) |
| Revenue | |
| Total assets | |
Number of employees | 5,320 (2022) |
| Subsidiaries | TechVista Systems, TechVista Qatar, Systems Arabia, NdcTech, Visionet |
| Website | systemsltd.com |
Systems Limited (SYS) is a publicly listed Pakistani multinational technology company, engaged inmortgage, apparel, retail andBPO services. It serves as the parent company of the Techvista Systems (United Arab Emirates), Systems Arabia (Saudi Arabia), Systems Misr (Egypt), and Techvista Qatar (Qatar), as well as NdcTech. As of June 2023, itsmarket capitalisation stands at approximatelyUS$441 million.[2][3]
Systems Limited was established in 1977.[4] The company is Pakistan's first software house.[4][5][6]
The company began its operations in the United States in 1997 and then in the United Arab Emirates in 2013. In the same year,Asif Peer was appointed as the CEO of Systems.[7] The company went public with an initial public offering (IPO) on December 4, 2014 and is listed on the Pakistan Stock Exchange.[8] 13 million shares were listed on the Karachi, Islamabad, and Lahore stock exchanges.[9][10]
In September 2021, the share price of Systems Ltd reached Rs. 740.93 and the company's market value became Rs. 102 billion, making Systems Ltd the first Pakistani IT company to cross-market value of PKR 100 billion.[11]
In August 2022, Systems Limited created a new subsidiary in Johannesburg, South Africa, becoming the first Pakistani IT company in Africa.[12]