Shirazi Investments (Pvt)

Shirazi Investments (Pvt) Limited (SIL), the parent company of the Atlas Group, started operations in 1962. It is engaged in capital market, fund management, under-writing, real estate and venture capital investments. The Company plays a key role in sponsoring the acquisition of Group projects. Atlas Autos (now Atlas Honda) was the first company sponsored by SIL in 1963. Subsequently, Atlas Battery was sponsored in 1966 and Shirazi Trading Company (Pvt) Limited in 1973. SIL acquired Muslim Insurance (now Atlas Insurance) in 1980 and Allwin Engineering (now Atlas Engineering) in 1981. In 1992, the Company sponsored Honda Atlas Cars in coordination with Honda Motor Co. to manufacture Honda Cars. The association was further strengthened by the establishment of Honda Atlas Power Product in 1997. SIL entered into another joint venture in 1997 with Total Raffinage Distribution, one of the world's major oil marketing and refinery companies for marketing petroleum products by establishing Total Atlas Lubricants Pakistan (Pvt) Limited. In 2002, the Company sponsored Atlas Asset Management Company Limited to float mutual and pension funds. In 2007, SIL sponsored Atlas Power Limited to set up a 225 MW power plant near Lahore and also established Atlas World Wide General Trading in Dubai, UAE. Atlas Warehousing- an Atlas Group Company incorporated in 1979, was merged with SIL in 2001. The Company now owns and manages godowns in Karachi and Sheikhupura, and offers warehouse facilities to the Group companies as well as other clients. Besides its important roles as the Parent Company, Shirazi Investments, as the principal Shareholder advises, guides and directs the Group policies.