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Shanta Holdings Limited

(Redirected from Shanta Group)

Shanta Holdings Limited (SHL) is a diversified conglomerate based in Dhaka, Bangladesh.[1] Khondoker Monir Uddin is the managing director of the group.[2]

Shanta Holdings Limited
Company typePrivately held company
IndustryReal estate
Founded2005
FounderKhondoker Monir Uddin
HeadquartersShanta Western Tower, 186 Bir Uttam Mir Shawkat Sarak, Level 10, Tejgaon, Dhaka 1208
Websiteshantaholdings.com
Shanta Forum, Tejgaon
Shanta Skymark, Gulshan

History

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In 1988, Shanta entered the ready-made garment (RMG) sector, becoming one of the pioneers in exporting RMGs with companies such as Shanta Garments Ltd, Shanta Industries Ltd, Shanta Wash Works Ltd, GDS Chemicals Ltd, and Shanta Denims Ltd. In 2010, the group decided to focus on real estate development instead of the RMG sector and the group consequently sold their stake to Dewhirst Group Limited.[3][4][5]

In 1997, Shanta Group merged some of their assets with Tropica Group and Sepal Group to form STS Group.[6] STS Group is the owner of Evercare Hospital Dhaka, International School of Dakar, and the DPS STS Schools, Dhaka.[6]

Some of the company's notable projects include the Safura Tower, Shanta Western Tower at Tejgaon,[7] International School Dhaka (ISD) at Bashundhara, and Delhi Public School at Uttara. Shanta Holding was also involved in the construction of Evercare Hospital Dhaka. Shanta is building Shanta Pinnacle, 40 storied, and Shanta Forum Twin Towers.[8] It constructed the building of Amari Hotel Dhaka.[9]

 
The Glass House, Architect- Ehsan Khan

Subsidiaries

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  • Shanta Lifestyle[10]
  • Shanta Securities Limited[10]
  • Shanta Asset Management Limited[10]
  • Shanta Multiverse[10]
  • The White Canary Café[10]
  • Shanta Equity Limited[11]

Board of directors

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Name Position Reference
Khondoker Monir Uddin Managing Director [2]
Jasmine Sultana Director [2]
Saif Khondoker Director [2]
Mayesha Khondoker Director [2]

References

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  1. ^ "We want to add value to the cityscape: Saif Khondoker". The Business Standard. 2020-10-24. Retrieved 2022-10-17.
  2. ^ a b c d e "Board of Directors". Shanta Holdings Ltd. Retrieved 2022-10-31.
  3. ^ "Lack of orders forces Shanta Garments to shut down". The Business Standard. 2020-06-23. Retrieved 2022-12-05.
  4. ^ "Diversification makes them stronger". The Business Standard. 2021-10-09. Retrieved 2022-12-05.
  5. ^ "Shanta Lifestyle launches international interior décor flagship store". The Daily Star. 2022-08-07. Retrieved 2022-12-05.
  6. ^ a b "About STS Group – STS Group". Retrieved 2022-10-31.
  7. ^ Tarafdar, Asif (2020-10-15). "Luxe Living At its Best". ICE Today. Retrieved 2022-10-17.
  8. ^ "Welcome to the age of glass facades". The Business Standard. 2022-08-16. Retrieved 2022-10-17.
  9. ^ "Completed | Property for Sale in Dhaka". Shanta Holdings Ltd. Retrieved 2022-10-31.
  10. ^ a b c d e "Companies". Shanta Holdings Ltd. Retrieved 2022-09-13.
  11. ^ "Best Holdings now wants to raise fund thru IPO book building". New Age. Retrieved 2022-10-17.
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