Industry | Real estate development |
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Founded | 1988 |
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Headquarters | , |
Key people |
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Website | www |
Sheltech (Pvt.) Ltd. is a real estate company based in Dhaka, Bangladesh, which was founded in 1988. It is a multi-disciplinary firm engaged in various activities, including real estate development, consultancy. It has three chains of boutique hotels named Platinum Suites, [1] Platinum Residence [3] and Platinum Grand. [4] It has constructed over 3700 apartments in Dhaka. [5]
Sheltech was founded in 1988 by Tapan Chowdhury, Samuel Chowdhury, Kutubuddin Ahmed, and Taufiq M Seraj who started the company. [6] The Chowdhury brothers sold their shares in 2008 as they wanted to focus on their family business, Square Group. [7]
In May 2015, the chairman and managing director of Sheltech were designated as commercially important persons by the government of Bangladesh. [8]
In January, Sheltech completed construction of Sheltech Bithika, the largest real estate project of the company with 184 apartments and 12 commercial spaces in Mirpur Thana, Dhaka. [9] The managing director of Toufiq M Seraj died on a flight of Qatar Airlines flying from Dhaka to Doha on 21 June 2019. [10] Tanvir Ahmed was appointed the new managing director of Sheltech in August. [11] Sk Bashir Ahmed was appointed vice-chairman in October. [12]
The chairman of Sheltech Group, Kutubuddin Ahmed, is also the chairman of Envoy Group. [13]
In March 2022, Sheltech Brokerage Limited signed an agreement with United Arab Emirates based ZagTrader PLC to improve its IT infrastructure. [14]
Bangladesh Export Import Company Limited, commonly known by its trade name BEXIMCO, is a Bangladeshi multinational conglomerate holding company, headquartered in Dhaka, Bangladesh. It was founded in the early 1970s.
Prime Bank PLC. is a public limited commercial bank in Bangladesh with its headquarters in Dhaka. With 146 branches and 170 ATM the bank has operation in corporate, consumer, MSME and sustainable banking. Tanjil Chowdhury, managing director of East Coast Group, is chairman of Prime Bank.
Eastern Bank PLC. is a private commercial bank headquartered in Dhaka, Bangladesh. It was established on August 8, 1992, as a public limited company with limited liability under the Bank Companies Act of 1991. Its share are listed in the Dhaka Stock Exchange and the Chittagong Stock Exchange. The bank provides products and services in retail banking, corporate finance, asset management, equity brokerage and security. It has 85 branches and 214 ATMs in Bangladesh and employs around 3000 employees.
Bangladesh Development Bank PLC. is a state-owned commercial bank in Bangladesh. The bank has one of the highest loan default rates in Bangladesh.
S.Alam Group is a Bangladeshi industrial conglomerate. S. Alam Group also has investment in banking, leasing, insurance, stock brokering, and merchant banking. The industries under this group include food and allied products, steel, banking, consumer products, sugar, cement, power, energy, transportation, shipping, manufacturing, hospitality, financial institution, agro, trading, oil, and gas. The group is under investigation by the Government of Bangladesh for financial crime and money laundering under the shelter of the ousted Sheikh Hasina government.
Bashundhara Group is a Bangladeshi conglomerate and one of the largest manufacturing companies in Bangladesh. It was incorporated in 1987 as a real estate company under the name East West Property Development Ltd (EWPD). After its first project turned out to be successful, the company grew quickly. It presently owns more than 50 major concerns throughout Bangladesh. The company's import-export turnover was $1.12 billion or BDT 111.38 billion in the 2022-23 fiscal year. In the 2018 fiscal year, the company's real estate holdings amounted to BDT 50,000 crores, or $4.6 billion.
Platinum Suites Bangladesh is a seven-floor boutique hotel located in Banani, Bangladesh. The first two floors comprise the hotel entrance, lobby and two dining facilities. There are 6 rooms on each floor. The hotel was developed by Sheltech (Pvt) Ltd., a Bangladeshi real estate developer.
Mercantile Bank PLC is a commercial bank headquartered in Dhaka, Bangladesh.
ONE Bank PLC (OBPLC) is a public limited commercial bank in Bangladesh. It is in the business of taking deposits from public through various saving schemes and lending the fund in various sectors at a higher margin. A.S.M. Shahidullah Khan is chairman and Md. Monzur Mofiz is the managing director of One Bank PLC.
Rangs Group is one of the largest Bangladeshi industrial conglomerates founded in 1979. The industries under this conglomerate include automobile, real estate, shipping, pharmaceuticals etc.
Kutubuddin Ahmed is a Bangladeshi businessman who is the founder and chairman of the Envoy Group, a conglomerate which operates in multiple sectors, with major operation in the apparel industry. He is a Fellow of the Institute of Engineers, Bangladesh. In 2015 he is a member of the executive committee of the International Chamber of Commerce, Bangladesh, and a director of the Chittagong Stock Exchange.
Mutual Trust Bank PLC is a private commercial bank headquartered in Dhaka, Bangladesh. Md Abdul Malek, chairman of Sheltech Consultants (Pvt) Ltd, is the chairman of Mutual Trust Bank PLC.
United Commercial Bank PLC (UCB) is a commercial bank in Bangladesh. It was established in 1983.
Shahjalal Islami Bank PLC. (SJIBPLC.) is a sharia compliant private sector commercial bank headquartered in Dhaka, Bangladesh.
South Bangla Agriculture and Commerce Bank Public Limited Company (SBACBPLC) is a private commercial bank headquartered in Dhaka, Bangladesh. It incorporated in 2013 as a banking company under Companies Act, 1994 and is regulated under the Banking Companies Act, 1991. The bank has network of 88 branches and 25 sub-branches around the country.
Toufiq M. Seraj was a Bangladeshi businessman who was the founder and managing director of Sheltech and its associated companies. He was the first president of Real Estate and Housing Association of Bangladesh (REHAB) for three consecutive terms (2000–2006). Seraj was also a president of Bangladesh Institute of Planners (2006-8) and Bangladesh Tennis Federation.
Anjan Chowdhury is a Bangladeshi industrialist. He is one of the main stakeholders of Square Group, a Bangladeshi business conglomerate engaged in pharmaceuticals, textiles, toiletries & cosmetics, food & beverage, security services, information technology, healthcare, aviation, banking and television broadcasting.
Unique Group is a Bangladeshi diversified conglomerate based in Dhaka. Salina Ali is the chairperson and Mohammad Noor Ali is the managing director of Unique Group.
HRC Group is a large Bangladeshi industrial conglomerates. The industries under this conglomerate include media, agriproducts, tea, real estate, finance, shipping etc. The Chairperson of the group is Sayeed Hossain Chowdhury, brother of Saber Hossain Chowdhury, an Awami League member of parliament and son of entrepreneur Hedayet Hossain Chowdhury, founder of Karnaphuli Group, another Bangladeshi conglomerate.