Sheltech

Real estate company in Bangladesh

Sheltech (Pvt.) Ltd.

Industry| Real estate development
Founded| 1988 (1988)
Founder|

* Kutubuddin Ahmed
* Tapan Chowdhury
* Samuel Chowdhury
* Toufiq M Seraj[1]

Headquarters|

Dhaka

Bangladesh

Key people

* Kutubuddin Ahmed (chairman)
* Tanvir Ahmed (managing​ director)[2]

Website| www.sheltech-bd.com

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]

## History

[edit]

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]

## Subsidiaries

[edit]

* 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

[edit]

* List of real estate companies of Bangladesh
* Platinum Suites

## References

[edit]

1. ^ a b "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. ^ a b c d e f g h i j k l m n o "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. ^ "Sheltech MD dies 'on plane'". The Daily Star. 2019-06-22. 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. ^ "Mother of Sheltech and Envoy Group chairman passes away". The Daily Star. 2019-02-23. 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.

## External links

[edit]

* Official website of Sheltech (Pvt.) Ltd.
* Official website of Platinum Suites Ltd.