Under Review Priority FY 2025-26

BQIP-APP-2026-0412

M/s Zenith Polymer Industries · Submitted 28 September 2026 · Plot B-14 · Sector B · 4.50 acres · Assigned to Hamza Tariq (Plot Officer)

4.50
Plot Size
Rs 1.42 B
Proposed Investment
320
Employment (Direct)
14
Documents
Partially Paid
Payment Status
86%
Compliance Score
Approval Workflow

Current stage in the SEZ application lifecycle

Stage 3 of 5
Received
28 Sep 2026
Scrutiny
30 Sep 2026
Committee Review
In progress since 04 Oct 2026
4
Provisional Allotment (PAL)
Pending
5
License Issued
Pending
Application Particulars

Core attributes captured at submission

Edit
Application No.
BQIP-APP-2026-0412
Application Type
New Industrial Unit — SEZ
Sector
Chemicals & Petrochemicals
Sub-Sector
Polymer & Plastic Products
Plot Size Requested
4.50 acres
Plot Location Preference
Sector B — near main access road
Date Submitted
28 Sep 2026
Assigned Officer
Hamza Tariq — Plot Officer
Current Status
Under Review
Last Updated
04 Oct 2026, 15:42 PKT
Priority
High
Processing Days
7 days
Applicant Summary

Primary applicant and contact details

ApplicantM/s Zenith Polymer Industries
NTN4281963-7
Contact PersonImran Sheikh — Director Operations
Phone+92 21 3456 7890
Emailoperations@zenithpolymer.com.pk
Registered AddressPlot 14, Sector 23, Korangi Industrial Area, Karachi
Authorised CapitalRs 850,000,000
Paid-up CapitalRs 600,000,000
Employees320
Application Progress

Milestones since submission

Application submitted online
28 Sep 2026, 10:18 PKT · Ayesha Siddiqui (Application Officer)
Application received through the SEZ One-Window portal with 11 supporting documents.
Application fee received
29 Sep 2026, 11:05 PKT · Sana Khalid (Finance Officer)
Processing fee of Rs 500,000 credited to the BQIP-SEZ collection account.
Initial scrutiny completed
30 Sep 2026, 16:40 PKT · Hamza Tariq (Plot Officer)
Corporate and financial documents verified; file cleared for site inspection.
Site inspection conducted
02 Oct 2026, 09:25 PKT · Bilal Ahmed (Monitoring Officer)
Plot B-14 surveyed and found suitable for polymer processing operations.
Query raised — revised layout plan requested
03 Oct 2026, 13:10 PKT · Hamza Tariq (Plot Officer)
Applicant asked to submit a layout plan conforming to the 60 ft road setback requirement.
File moved to Committee Review
04 Oct 2026, 15:42 PKT · Nadia Bukhari (SEZ Committee)
Revised layout plan received; file placed before the SEZ Approval Committee.
Company Registration Details

As per SECP and FBR records

Verified
Legal Name
M/s Zenith Polymer Industries (Pvt) Ltd
NTN
4281963-7
STRN
3277876154321
SECP Registration No.
0188742
Incorporation Date
14 March 2011
Registered Address
Plot 14, Sector 23, Korangi Industrial Area, Karachi
Authorised Capital
Rs 850,000,000
Paid-up Capital
Rs 600,000,000
Employees
320
Website
www.zenithpolymer.com.pk
Contact Person
Imran Sheikh — Director Operations
Phone
+92 21 3456 7890
Email
operations@zenithpolymer.com.pk
Registration Documents

Corporate records on file

SECP Incorporation Certificate

1.2 MB14 Mar 2011
Verified

NTN Certificate (FBR)

640 KB22 Jun 2011
Verified

Memorandum & Articles of Association

4.8 MB14 Mar 2011
Verified

Form-29 — Particulars of Directors

980 KB30 Sep 2026
Pending
Open Document Verification
Board of Directors

Particulars as filed with SECP (Form-29)

5 directors
Name CNIC Designation Shareholding Nationality DIN Status
Sheikh Abdul Rahman 42101-1234567-1 Chairman 38.00% Pakistani DIN-774512 Active
Imran Sheikh 42101-2345678-2 Director Operations 24.50% Pakistani DIN-774513 Active
Fatima Rahman 42101-3456789-3 Director Finance 18.00% Pakistani DIN-774514 Active
Kashif Mehmood 42201-4567890-4 Chief Executive 12.50% Pakistani DIN-774515 Active
Zubair Ahmed 35202-5678901-5 Non-Executive Director 7.00% Pakistani DIN-774516 CNIC Expired
CNIC verification via NADRA Verisys
Four of five directorships verified against NADRA records. The CNIC of Zubair Ahmed (35202-5678901-5) expired on 12 August 2026 — a renewed copy has been requested and is awaited before final approval.
Plot Particulars

Plot B-14 · Sector B

Plots
Plot No.
B-14
Sector
Sector B
Size
4.50 acres
Dimensions
180 ft × 1,090 ft
Land Use
Industrial — Polymer Processing
Zoning
Chemical & Polymer Zone
Facing
60 ft internal road
Lease Term
30 years
Possession Status
Not Yet Handed Over
Site Plan Ref.
BQIP/SP/B-14/2026
Sector B — Plot Layout

Requested plot B-14 highlighted; status of adjoining plots

B-14 selected
Available
Allotted
Under Construction
Reserved
B-083.0 ac
B-093.0 ac
B-104.0 ac
B-114.0 ac
B-124.5 ac
B-134.5 ac
B-144.5 ac
B-155.0 ac
B-165.0 ac
B-175.0 ac
B-186.0 ac
B-196.0 ac
B-206.5 ac
B-213.5 ac
B-223.5 ac
B-234.0 ac
B-244.0 ac
B-254.5 ac
B-265.5 ac
B-275.5 ac
Sector B Plots42
Available21
Allotted12
Under Construction5
Reserved4
Uploaded Documents

Document verification status for this application

14 documents

Application Form — BQIP-APP-2026-0412.pdf

2.4 MBUploaded 28 Sep 2026Verified by Hamza Tariq
Verified

CNIC Copies — Directors.pdf

3.1 MBUploaded 28 Sep 2026Verified by Hamza Tariq
Verified

NTN Certificate.pdf

640 KBUploaded 28 Sep 2026Verified by Ayesha Siddiqui
Verified

SECP Incorporation Certificate.pdf

1.2 MBUploaded 28 Sep 2026Verified by Ayesha Siddiqui
Verified

Bank Statement — 6 Months.pdf

5.6 MBUploaded 30 Sep 2026Awaiting verification
Pending Verification

Project Feasibility Report.pdf

7.9 MBUploaded 29 Sep 2026Verified by Sana Khalid
Verified

Layout Plan — Plot B-14.dwg

12.4 MBUploaded 03 Oct 2026Assigned to Bilal Ahmed
Pending Verification

Environmental NOC (SEPA).pdf

1.8 MBUploaded 01 Oct 2026Reviewed by Nadia Bukhari
Rejected
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Verification Summary

Status across all submitted documents

Verified9 of 14
Pending Verification4 of 14
Rejected1 of 14
Last Upload03 Oct 2026, 12:22
Verification OfficerHamza Tariq
Rejection Notice Sent01 Oct 2026
Open Document Register
Rs 92,500,000
Total Payable
Rs 46,250,000
Paid
Rs 46,250,000
Outstanding
Rs 23,125,000
Overdue
Invoices & Installments

Allotment charges payable in four quarterly installments

Full Ledger
Invoice No. Installment Amount Due Date Paid Date Status
INV-2026-00836 1st — 25% Rs 23,125,000 05 Aug 2026 04 Aug 2026 Paid
INV-2026-00869 2nd — 25% Rs 23,125,000 05 Sep 2026 03 Sep 2026 Paid
INV-2026-00902 3rd — 25% Rs 23,125,000 05 Oct 2026 — Overdue
INV-2026-00935 4th — 25% Rs 23,125,000 05 Nov 2026 — Outstanding
Payment Completion

Collection against allotment charges

Amount collected50.0%
Installments settled2 of 4
On-time payment rate75.0%
Payment StatusPartially Paid
Last Receipt03 Sep 2026 · Rs 23,125,000
Next Due Date05 Oct 2026 (overdue)
Investment — Committed vs Materialized

Monthly position for this unit, FY 2025-26 (PKR)

Investment Monitoring
Investment Position

Committed, materialized and variance

Committed InvestmentRs 1.42 B
Materialized InvestmentRs 1.25 B
VarianceRs 170 M
Machinery & EquipmentRs 720 M
Building & Civil WorksRs 380 M
Working CapitalRs 150 M
Materialization Rate88.0%
88%
Verification on ground
Materialized investment verified during the site inspection of 02 October 2026 by the Monitoring Officer.
Employment — Current vs Projected

Direct employment reported for this unit

Employment Monitoring
Committed320
Currently Employed86
Female Participation24.4%
Reporting PeriodQ2 FY 2025-26
Employment Breakdown

By category and gender (committed)

Category Male Female Total
Direct24872320
Contractual9618114
Managerial22830
Skilled18034214
Unskilled14248190
Projected employment at full operations: 320 persons
Export / Import — Projected

Projected annual trade value upon full operations (PKR)

Export Monitoring
Projected ExportsRs 3.85 B
Projected ImportsRs 2.10 B
Trade SurplusRs 1.75 B
Forex Inflow$13.9 M
Trade Summary

Projected annual position

Primary Export ProductPolymer resins & compounds
Projected Annual ExportsRs 3.85 B
Projected Annual ImportsRs 2.10 B
Trade SurplusRs 1.75 B
Export Destinations14 countries
Import Sources9 countries
Import SubstitutionRs 610 M annually
Export target achievement113.2%
113%
Compliance Score

Assessed across six obligation areas

86% overall
Compliance Checklist

Statutory and contractual obligations

1 overdue
Requirement Due Date Submitted Status Remarks
Quarterly Investment Return 15 Oct 2026 10 Oct 2026 Submitted Within timeline
Quarterly Employment Return 15 Oct 2026 — Overdue Reminder issued 03 Oct 2026
Environmental Compliance Report 30 Sep 2026 28 Sep 2026 Submitted SEPA acknowledged
Construction Progress Report 30 Sep 2026 29 Sep 2026 Submitted 42% complete
Insurance Renewal 31 Aug 2026 30 Aug 2026 Verified Valid to Aug 2027
Fire Safety Certificate 30 Nov 2026 — Pending Due in 56 days
Export Performance Return 15 Oct 2026 12 Oct 2026 Submitted Rs 640 M to date
Tax Compliance Certificate (FBR) 30 Sep 2026 26 Sep 2026 Verified Active taxpayer
Overdue: Quarterly Employment Return
The employment return for Q2 FY 2025-26 was due on 15 October 2026 and has not been received. A reminder was issued on 03 October 2026; continued non-submission may attract a penalty under the SEZ Rules.
Activity Log

Complete audit trail for BQIP-APP-2026-0412

All audit logs
Application submitted
28 Sep 2026, 10:18:42 PKT · Ayesha Siddiqui · IP 10.14.22.31
New application created with 11 documents attached through the One-Window portal.
Processing fee recorded
29 Sep 2026, 11:05:07 PKT · Sana Khalid · IP 10.14.22.44
Receipt of Rs 500,000 posted against invoice INV-2026-00830 (application fee).
Documents verified
30 Sep 2026, 16:40:19 PKT · Hamza Tariq · IP 10.14.22.18
Corporate registration, NTN and CNIC documents marked as verified.
Site inspection completed
02 Oct 2026, 09:25:55 PKT · Bilal Ahmed · IP 10.14.23.07
Inspection report uploaded; Plot B-14 found suitable for polymer processing.
Query raised to applicant
03 Oct 2026, 13:10:11 PKT · Hamza Tariq · IP 10.14.22.18
Requested revised layout plan conforming to the 60 ft road setback requirement.
Environmental NOC rejected
01 Oct 2026, 15:02:38 PKT · Nadia Bukhari · IP 10.14.24.02
SEPA NOC rejected — invalid validity period; re-submission requested.
Revised layout plan received
03 Oct 2026, 12:22:04 PKT · Ayesha Siddiqui · IP 10.14.22.31
Applicant uploaded the revised layout plan; forwarded to the Monitoring Officer.
File escalated to Committee Review
04 Oct 2026, 15:42:29 PKT · Nadia Bukhari · IP 10.14.24.02
Application placed before the SEZ Approval Committee for a decision.
Applicant notified of status
04 Oct 2026, 15:43:00 PKT · System · IP 10.14.10.01
Automated email and SMS dispatched to the applicant confirming Committee Review.
Record viewed
05 Oct 2026, 08:57:12 PKT · Hamza Tariq · IP 10.14.22.18
Application dossier opened from the Application Management register.
Workflow Actions — BQIP-APP-2026-0412
Decision by the SEZ Approval Committee · Assigned to Hamza Tariq (Plot Officer)