Nets International Communication Limited (PSX: GEMNETS) is emerging as a growing technology company in Pakistan’s telecommunications and IT services sector following its listing on the Growth Enterprise Market (GEM) Board of the Pakistan Stock Exchange. The company provides telecommunication infrastructure, digital solutions and managed IT services to clients within Pakistan as well as in international markets.
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Originally incorporated as a private limited company in 2022, Nets International Communication Limited was later converted into a public limited company and successfully listed on the PSX GEM Board in 2025. The listing enabled the company to expand its market reach and raise capital through its initial public offering (IPO), strengthening its capacity to scale operations and invest in advanced technology-driven services.
The company offers a broad portfolio of services including telecommunications infrastructure, enterprise networking, cloud computing, cybersecurity and automation solutions. Its digital offerings also support network operations, IT asset management and enterprise data infrastructure, positioning the firm as a comprehensive systems integrator and technology solutions provider.
In terms of ownership structure, the majority shareholding remains concentrated among directors, the chief executive officer and associated family members, who collectively hold around 90 percent of the company’s shares, while the remaining stake is held by the general public. The company has approximately 36.75 million outstanding shares distributed among nearly 200 shareholders.
Financially, Nets International Communication Limited recorded strong performance in 2025. The company’s net revenue surged by nearly 888 percent to reach approximately Rs1.66 billion, largely driven by a sharp increase in local sales along with the introduction of export revenue streams during the year. The growth was supported by operational expansion and the liquidity generated through the IPO process.
However, the increase in operational activity also resulted in higher costs. Administrative expenses rose due to workforce expansion, while selling and distribution expenses were introduced to support marketing and promotional initiatives as the company continued to grow.
With Pakistan’s digital economy expanding rapidly, Nets International Communication Limited is positioning itself to capture new opportunities in telecommunications infrastructure, enterprise IT solutions and managed services across both regional and international markets.
