First ImroozModaraba (FIM) has been operational since 1994 and is listed on the Karachi Stock Exchange. The Modaraba primarily trades in industrial raw materials, catering to numerous industries like paint, coatings, pharmaceuticals, food, agriculture, personal care, household, textile, etc. The common perception of a Modaraba is that it is a financial institution, however, FIM does not offer any financial services.
First ImroozModaraba (FIM) is managed by AR Management Services (Pvt) Limited, having it's head office in Karachi with a branch office in Lahore.
Following the quality of our service thus having gained the trust of our many clients.
We have established a corporate mandate to maintain strong core values that truly reflect.
Our company develops a unique dynamically and keeps in step with the times.
The Best Industry And Company Services
Raw materials for Paint industries like pigments, biocides, anti-settling, anti-foaming, and anti-skinning agents.
Raw material for master batches.
Raw material for grease manufacturing.
Food colors for food industries.
Food flavors for ice creams, biscuits, confectionery, drinks, and savory industries.
Phosphates for baking industries.
Surfactants for pharmaceutical industries.
Pharmaceutical ingredients for tablets coating, thickness and foaming agents for toothpaste, etc.
Surfactants for personal care industries.
Surfactants for detergent industries.
Pigments for soaps.
Raw materials for textile industries to be used in printing, dyeing, and processing.
Raw materials for adhesive and glues.
Surfactants for pesticides.
Biocides, tanning agents, and surfactants for leather.
Mr. Ashraf Riaz’s eldest son, Mr.Naveed Riaz had his early education at the German Model School and the Petaro Cadet College in Karachi. After acquiring a Masters's degree in English Literature from Punjab University, he joined the family business as an apprentice in 1969.
Mr. Ameed Riaz is the current Group Chief Executive of Imrooz. Born in 1965, Mr. Riaz completed his schooling at the Karachi Grammar School. He is an alumni of the Institute of Business Administration (IBA) and Harvard Business School. He began his professional career in 1989 by successfully leading the family’s dairy and milk food businesses.
Mr. Omar Muhammad Khan is a seasoned banker with over 40 years of experience in Finance and related fields. He has lived in Canada for 20 years and is now based in Lahore.
Mrs. Saadat Ikram has vast experience in the trading of milk foods and chemicals. Being a member of a business family her trading experience carries depth and the company seeks her counsel effectively. She currently resides in Lahore.
Mr. Aliuddin Ahmed is a seasoned professional having diversified experience in the banking industry.
