Company Profile
Company Profile
| NAME OF THE PROJECT | VFS Thread Dyeing Ltd |
|---|---|
| ADDRESS OFFICE | House # 257 (3rd Floor),Road # 03 Baridhara DOHS, Dhaka – 1206, Bangladesh. |
| FACTORY | RS # 36, Vill # Gazipur, P.O #BOF, Gazipur Sadar, Dist # Gazipur, Bangladesh |
| LEGAL STATUS | Public Limited Company |
| MANAGING DIRECTOR | M. Azhar Rahman |
| TYPE OF THE PROJECT | Spun Polyester Sewing Thread, Poly Core Spun & Synthetic Filament Yarn Industries under Textile Sector. |
| OBJECTIVE OF THE PROJECT | The unit is designed for the dyeing of Spun Polyester Sewing Thread, Poly Core Spun & Synthetic Filament Yarn, as an import-substitute industry which will generate a lucrative amount of foreign exchange savings for the country. |
| COMPANY STATUS | BANGLADESHI Public Registered Company |
CORPORATE INFORMATION Name of the Company: VFS Thread Dyeing Limited Legal Status A Public Company limited by shares registered under companies Act, 1994 and listed with Dhaka Stock Exchange Limited and Chittagong Stock Exchange Limited. Date of Incorporation C-84051/10 dated: 20.04.2010 Commencement of Commercial Operation 2ndJuly 2012 Registered Office House # 257 (3rd Floor), Road # 03Baridhara DOHS, Dhaka-1206, Bangladesh Factory RS-36, Village: Gazipur, P.S: Gazipur Sadar, District- Gazipur, Bangladesh Nature of Business Dyeing and finishing of sewing thread of different types for 100% export oriented ready-made garments industries in Bangladesh Authorized Capital BDT 2,000 million Paid Up Capital BDT 1055.800 million Date of Approval for IPO May 23, 2018 Date of Listing with DSE August 08, 2018 Date of Listing with CSE August 05, 2018 Principal Bankers Sonali bank Limited, Local office Branch, Dhaka. Islami Bank Bangladesh Limited, Mohakhali Branch, Dhaka. Mercantile Bank Limited, Pragati Sarani Branch, Dhaka External Auditors M/S. Shiraz Khan Basak & Co. Chartered Accountants, R.K. Tower (Level 10) 86, Bir Uttam C.R. Datta Road (312, Sonaragaon road) Dhaka- 1205, Bangladesh Legal Advisor SK. Md. Zahid Anwar Company’s Website www.vfsthread.com Email info@vfsthread.com
Details of Business
VFS Thread Dyeing Limited started its long and prosperous journey with a rather small infrastructural support in 2010, with the goal of becoming the premier of sewing thread solution in Bangladesh. After commercial operation in 2012, it never looked back ever since and grew rather drastically to meet the Company’s goal.
The Company was registered as a private Company limited by shared with the Registrar of Joint Stock Companies and Firm under Companies Act, 1994 and subsequently it was converted into a public limited Company and listed with Dhaka Stock Exchange Limited and Chittagong Stock Exchange Limited. We started our commercial operation from the Gazipur plant in 2012.
VFS Thread Dyeing Limited is a leading manufacturer & supplier of high quality Sewing Thread products to apparel industries in Bangladesh. The principal activities of the company include dyeing and finishing of different types of sewing thread yarn. The company has earned fames and laurels in respect of proper management and volume export and established itself as an innovative leader of 100% export oriented sewing thread of Spun Polyester, Core Spun and Synthetic Filament of all grades and nylon yarn with continuous advancement in customer service, competitive pricing, quality product, technical support and research & developments.
The production unit of VFS Thread Dyeing Limited is equipped with automatic high temperature and high pressure rapid yarn dyeing machines of different capacity, sophisticated yarn winding machines of both soft & hard cones, high efficiency rapid dryer and vacuum suction hydro-extraction for premium quality thread and through super-efficient quality control & finishing.