Shanta Holdings Limited: Difference between revisions

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{{Short description|Company at Bangladesh}}
{{AFC submission|d|adv|u=HelloWiki10|ns=118|decliner=Bonadea|declinets=20221011183135|reason2=corp|ts=20221011182159}} <!-- Do not remove this line! -->
 
== History ==
{{Infobox company
| name = Shanta Holdings Limited
| logo = Shanta Holdings Limited logo (imported from Commons).png
| type = Privately held company
| industry = Real Estateestate
| founded = 2005
| founder = Khondoker Monir Uddin
| hq_location = Shanta Western Tower, 186 Bir Uttam Mir Shawkat Sarak, Level 10, [[Tejgaon Thana|Tejgaon]], Dhaka 1208
| website = https://{{URL|shantaholdings.com/}}
| key_people = Mr. M Habibul Basit (CEO)
| website = https://shantaholdings.com/
}}
'''Shanta Holdings Limited''' (SHL) is a diversified conglomerate based in [[Dhaka|Dhaka, Bangladesh]].<ref>{{Cite news |date=2020-10-24 |title=We want to add value to the cityscape: Saif Khondoker |url=https://www.tbsnews.net/feature/panorama/we-want-add-value-cityscape-saif-khondoker-149035 |access-date=2022-10-17 |work=The Business Standard |language=en}}</ref> Khondoker Monir Uddin is the managing director of the group.<ref name=":4">{{Cite web |title=Board of Directors |url=https://shantaholdings.com/about-us/board-of-directors |access-date=2022-10-31 |website=Shanta Holdings Ltd.}}</ref>
Beginning its journey in the Ready-Made Garment (RMG) industry in 1988, Shanta Group went on to build a number of pioneering businesses, including Shanta Garments Ltd, Shanta Industries Ltd, Shanta Washworks Ltd, GDS Chemicals Ltd, and Shanta Denims Ltd. Shanta is also a significant founding member and main shareholder of the STS Group, which is responsible for promoting the renowned Evercare Hospital Dhaka (formerly Apollo Hospitals Dhaka), International School Dhaka (ISD), and Delhi Public School, Dhaka. In 2015, Shanta Group entered the financial services sector of Bangladesh through Shanta Securities Limited with the intention of raising the bar for stock trading in the country.
 
[[File:Shanta Forum 3.jpg|thumb|Shanta Forum, [[Tejgaon Thana|Tejgaon]]]]
Since 1991, Shanta has been actively engaged in a number of projects, encompassing itself and the STS Group. Its contributions to the country's education sector includes construction of the 200,000 sqf International School Dhaka (ISD) in Bashundhara, and the 125,000 sqf Delhi Public School in Uttara. It has also built state-of-the-art RMG factories that serve as the epicenter of Shanta Industries Ltd, Shanta Denims Ltd, and Shanta Washworks Ltd. The group also worked on building Apollo Hospitals Dhaka, the nation's first 550,000 sqf multidisciplinary super-specialty hospital.
[[File:Shanta Skymark, Gulshan.jpg|thumb|Shanta Skymark, [[Gulshan Thana|Gulshan]]]]
 
== History ==
With the intention of establishing excellence and innovation in the real estate sector of Bangladesh, the group founded Shanta Holdings Limited in 2005. The company operates with a mission of changing the lifestyle of the local populace by offering contemporary, ergonomically designed, and aesthetically pleasing residential and commercial spaces.
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.<ref>{{Cite news |date=2020-06-23 |title=Lack of orders forces Shanta Garments to shut down |url=https://www.tbsnews.net/economy/rmg/lack-orders-forces-shanta-garments-shut-down-97258 |access-date=2022-12-05 |work=The Business Standard |language=en}}</ref><ref>{{Cite news |date=2021-10-09 |title=Diversification makes them stronger |url=https://www.tbsnews.net/economy/rmg/diversification-makes-them-stronger-313672 |access-date=2022-12-05 |work=The Business Standard |language=en}}</ref><ref>{{Cite news |date=2022-08-07 |title=Shanta Lifestyle launches international interior décor flagship store |url=https://www.thedailystar.net/lifestyle/news/shanta-lifestyle-launches-international-interior-decor-flagship-store-3089976 |access-date=2022-12-05 |work=The Daily Star |language=en}}</ref>
 
== Logo ==
The idea of the [https://shantaholdings.com/about-us/our-story logo] came from the way that human hands seem when they are held with their palms facing one another.
 
When holding something in between the hands, it typically represents something that is valued and cared about.
 
== Board of Directors <ref>{{Cite web |title=Board of Directors {{!}} Shanta Holdings Ltd. |url=https://shantaholdings.com/about-us/board-of-directors |access-date=2022-09-13 |website=shantaholdings.com}}</ref> ==
 
==== Mr. Khondoker Monir Uddin (Founder, Managing Director) ====
At the Department of Accounting, University of Dhaka, Mr. Monir earned both his Bachelor's and Master's degrees with honors. The STS Group was founded by Mr. Monir, who also serves as its managing director. He is the Managing Director of Shanta Securities Limited as well as the sponsor Director and former Chairman of Dhaka Bank Limited.
 
==== Mrs. Jasmine Sultana (Director) ====
Mrs. Jasmine Sultana, holds a bachelor's degree from the University of Dhaka and has been a significant shareholder in Shanta Holdings Limited for the past decade. She served as the former chairman of Dhaka Bank Limited. She is also honored by the government of Bangladesh as a Commercially Important Person (CIP) for her services.
 
==== Mr. Saif Khondoker (Director) ====
The University of Toronto awarded Mr. Saif Khondoker a BBA with a concentration in Strategic Management, as well as an MBA from the Rotman School of Management. In addition, he holds a Project Management Professional (PMP)® certification. In addition to his active participation in the company's management and executive decision-making, he also serves as Chairman of Shanta Asset Management Ltd.
 
==== Ms. Mayesha Khondoker (Director) ====
The founder and managing director of Shanta Multiverse and Shanta Lifestyle is Ms. Mayesha Khondoker. Ms. Khondoker earned a Bachelor of Commerce (BCom) from York University with a specialization in marketing, and she is currently working on her MBA at the Warwick Business School of the University of Warwick. Ms. Khondoker supervised the creation of an internal communications team while serving as the Head of Marketing at Evercare Hospitals in Dhaka before joining Shanta.
 
In 1997, Shanta Group merged some of their assets with Tropica Group and Sepal Group to form [[STS Group]].<ref name=":2">{{Cite web |title=About STS Group – STS Group |url=https://stsgroupbd.com/about-sts-group/ |access-date=2022-10-31 |language=en-US}}</ref> STS Group is the owner of [[Evercare Hospital Dhaka]], [[International School of Dakar]], and the DPS STS Schools, [[Dhaka]].<ref name=":2" />
In addition to founding Shanta Multiverse Ltd. in 2016 and signing a global franchise deal with Marble Slab Creamery of the USA, Ms. Khondoker also established The White Canary Cafe business that same year. The company presently has 5 locations spread out over the city. In 2020, she and the managing director established Shanta Lifestyle Ltd. a Shanta subsidiary that offers full interior design solutions in collaboration with architects and global lifestyle companies like Natuzzi, Molteni & C, Lixil, Lutron, Cattelan Italia, and others.
 
Some of the company's notable projects include the Safura Tower, Shanta Western Tower at [[Tejgaon Thana|Tejgaon]],<ref>{{Cite web |last=Tarafdar |first=Asif |date=2020-10-15 |title=Luxe Living At its Best |url=https://icetoday.net/2020/10/luxe-living-at-its-best/ |access-date=2022-10-17 |website=ICE Today |language=en-US}}</ref> [[International School Dhaka]] (ISD) at Bashundhara, and [[Delhi Public School]] at [[Uttara (town)|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.<ref>{{Cite web |date=2022-08-16 |title=Welcome to the age of glass facades |url=https://www.tbsnews.net/features/habitat/welcome-age-glass-facades-478026 |access-date=2022-10-17 |website=The Business Standard |language=en}}</ref> It constructed the building of Amari Hotel Dhaka.<ref>{{Cite web |title=Completed {{!}} Property for Sale in Dhaka |url=https://shantaholdings.com/projects/completed |access-date=2022-10-31 |website=Shanta Holdings Ltd.}}</ref>
== Companies<ref>{{Cite web |title=Companies {{!}} Shanta Holdings Ltd. |url=https://shantaholdings.com/about-us/companies |access-date=2022-09-13 |website=shantaholdings.com}}</ref> ==
[https://stsgroupbd.com/ STS Group]<ref>{{Cite web |title=STS Group – STS Group, one of the largest corporate groups of the country |url=https://stsgroupbd.com/ |access-date=2022-09-13 |language=en-US}}</ref>
 
[[File:Ghulsan lake side view.jpg|thumb|The Glass House, Architect- Ehsan Khan]]
[https://shantalifestyle.com/ Shanta Lifestyle]<ref>{{Cite web |title=Shanta Lifestyle |url=https://shantalifestyle.com/ |access-date=2022-09-13 |website=shantalifestyle.com}}</ref>
 
== Subsidiaries ==
[https://www.shantasecurities.com/ Shanta Securities]<ref>{{Cite web |title=Shanta Securities Ltd. |url=https://www.shantasecurities.com/ |access-date=2022-09-13 |website=www.shantasecurities.com}}</ref>
==* Board of DirectorsShanta Lifestyle<ref name=":0">{{Cite web |title=Board of Directors {{!}} Shanta Holdings Ltd.Companies |url=https://shantaholdings.com/about-us/board-of-directorscompanies |access-date=2022-09-13 |website=shantaholdingsShanta Holdings Ltd.com}}</ref> ==
* Shanta Securities Limited<ref name=":0" />
* Shanta Asset Management Limited<ref name=":0" />
* Shanta Multiverse<ref name=":0" />
* The White Canary Café<ref name=":0" />
* Shanta Equity Limited<ref name=":3">{{Cite news |title=Best Holdings now wants to raise fund thru IPO book building |url=https://www.newagebd.net/article/174016/best-holdings-now-wants-to-raise-fund-thru-ipo-book-building |access-date=2022-10-17 |work=New Age |language=en}}</ref>
 
== Board of directors ==
[http://www.shanta-aml.com/ Shanta Asset Management Limited]<ref>{{Cite web |last=irstheme |title=Shanta Asset Management Limited |url=http://www.shanta-aml.com/ |access-date=2022-09-13 |website=www.shanta-aml.com |language=en}}</ref>
{| class="wikitable"
|+
!Name
!Position
!Reference
|-
|Khondoker Monir Uddin
|Managing Director
|<ref name=":4" />
|-
|Jasmine Sultana
|Director
|<ref name=":4" />
|-
|Saif Khondoker
|Director
|<ref name=":4" />
|-
==== Ms. |Mayesha Khondoker (Director) ====
|Director
|<ref name=":4" />
|}
 
==References==
Shanta Equity
{{reflist}}
 
[[Category:2005 establishments in Bangladesh]]
[https://www.shantamultiverse.com/ Shanta Multiverse]<ref>{{Cite web |title=Shanta Multiverse |url=https://www.shantamultiverse.com/ |access-date=2022-09-13 |website=www.shantamultiverse.com}}</ref>
[[Category:Conglomerate companies of Bangladesh]]
[[Category:Companies based in Dhaka]]