Corporate Information

First ImroozModaraba (FIM) was formed on September 27, 1993, under the Modaraba Companies and Modaraba (Floatation and Control) Ordinance, 1980.


FIM has received the prestigious “Top 25 Companies Award” from the Pakistan Stock Exchange a number of times along with numerous performance awards from the Modaraba Association of Pakistan.

Financial Statements

To download our latest Financial Statement





As Leading Industry of Raw Materials, Serving Since 1994

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

Provides High Performance Services For Multiple Industries



  • 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 & Pharmaceuticals

  • 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.


Personal Care, Cosmetics & Household

  • Surfactants for personal care industries.

  • Surfactants for detergent industries.

  • Pigments for soaps.


Textile, Agro & Leather

  • 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.