Sheltech

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 (Pvt.) Ltd.
IndustryReal estate development
Founded1988 (1988)
Founder
Headquarters,
Key people
Websitewww.sheltech-bd.com

History

Sheltech was founded in 1988 by Tapan Chowdhury, Samuel Chowdhury, Kutubuddin Ahmed, and Taufiq M Seraj who started the company.[6] The Chodhury 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 of the Group in October.[12]

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 it's IT infrastructure.[14]

Subsidiaries

  • Sheltech Holdings Limited[5]
  • Sheltech Engineering Limited[5]
  • Sheltech Protection Services Limited[5]
  • Sheltech Brokerage Limited[5][15]
  • Sheltech Technology Limited[5]
  • Sheltech Ceramics Limited[5]
  • Sheltech Consultants (Private) Limited[5]
  • Bengal Meat[5]
  • Sreemangal Tea Estate Limited[5]
  • Sheltech Property Management Limited[5]
  • Sheltech Express Limited[5]
  • Grind Tech Limited[5]
  • Sheltech Homes Limited[5]
  • Envoy-Sheltech Aviation Limited (partnership with Envoy Group)[5]

See also

References

  1. "Sheltech opens Tk 25cr hotel in Jan". The Daily Star. 18 November 2008.
  2. "Sheltech chairman, MD get CIP status". newstoday.com.bd. 9 March 2011. Retrieved 2 May 2012.
  3. LTD., DIGITA iNTERACTIVE. "Platinum Residence". sheltechholdingsltd.com. Retrieved 2016-09-08.
  4. LTD., DIGITA iNTERACTIVE. "Platinum Grand". sheltechholdingsltd.com. Retrieved 2016-09-08.
  5. "About Us | Best Real Estate Bangladesh". www.sheltech-bd.com. Retrieved 2023-03-10.
  6. Chakma, Jagaran (2020-03-15). "Sheltech thrives on ethical business". The Daily Star. Retrieved 2023-03-10.
  7. "Sheltech opens Tk 25cr hotel in Jan". The Daily Star. 2008-11-18. Retrieved 2021-05-11.
  8. "Sheltech's top officials get CIP status". The Daily Star. 2015-05-12. Retrieved 2023-03-10.
  9. "Sheltech completes largest project of 184 flats". The Daily Star. 2019-01-14. Retrieved 2023-03-10.
  10. Staff Correspondent (2019-06-22). "Sheltech MD dies 'on plane'". The Daily Star. Retrieved 2023-03-10.
  11. "New MD for Sheltech Group". The Daily Star. 2019-08-29. Retrieved 2023-03-10.
  12. "New vice chairman for Sheltech Group". The Daily Star. 2019-10-15. Retrieved 2023-03-10.
  13. Report, Star Online (2019-02-23). "Mother of Sheltech and Envoy Group chairman passes away". The Daily Star. Retrieved 2023-03-10.
  14. "Sheltech Brokerage, ZAGTrader PLC sign deal". The Daily Star. 2022-03-09. Retrieved 2023-03-10.
  15. "Sheltech Brokerage gets new chief executive, operations head". The Daily Star. 2014-04-13. Retrieved 2023-03-10.
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