Knowledge (XXG)

BSRM

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In 1952, five businessman named Akberali Africawala, Alibhai Africawala, Taherali Africawala, Abdul Hussain Africawala, and Rajabali Africawala, set up the first BSRM steel re-rolling mill of the then East Bengal in Nasirabad, Chittagong. It started its journey with four manual rolling mills. In 1970
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alleged that the company has drawn over USD 13 million from the government falsely claiming locally sold steel products as export goods which violates the duty drawbacks facilities that is only meant for material export.
277:(equivalent to $ 54 million in 2008). The facility began commercial operation in April 2008 with an annual production capacity of 375,000 metric tons. On 18 January 2009, BSRM Steels Ltd was listed on the 671: 661: 656: 367: 535: 418: 676: 666: 261:
In July 2002, BSRM Group incorporated a new company, BSRM Steels Ltd, to fund and operate a turnkey re-rolling mill from Italian supplier
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amounting to BDT 6.62 crore from July 2016 to June 2019. BSRM later paid the VAT, including interest, to the NBR in December 2021.
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In an investigation led by a team from the VAT intelligence unit of the NBR, it was found that two institutions of BSRM dodged
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In 1996, the company installed and commissioned their billet casting plant under the name "Meghna Engineering Works Limited".
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Raihan, Selim; Eusuf, Abu (2008). "Growth of Private Business Houses in Dhaka after 1971". In Hassan, Delwar (ed.).
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the manual rolling mills were replaced with the state-of-the-art Italian built rolling mill.
285:. As of 2019, holding company BSRM Ltd retained about 45% of the shares in BSRM Steels Ltd. 274: 157: 510: 266: 161: 54: 46: 650: 36: 368:"BSRM comes out of red in Jan-Mar, riding on high demand, increased product prices" 239: 587: 243: 219: 112: 106: 321: 246:. It is the largest construction steel manufacturer company in Bangladesh. 270: 262: 273:
in Fouzderhat, Chittagong. It was completed at a cost of 3.7 billion
265:. Construction of the plant began in 2005 on 11 acres just off the 397: 201: 191: 149: 72: 76: 610:"āĻ¤āĻĻāĻ¨ā§āĻ¤ā§‡āĻ° āĻĒāĻ° āĻ­ā§āĻ¯āĻžāĻŸ āĻŦāĻžāĻŦāĻĻ āĻ¸ā§‹āĻ¯āĻŧāĻž ā§§ā§Š āĻ•ā§‹āĻŸāĻŋ āĻŸāĻžāĻ•āĻž āĻœāĻŽāĻž āĻĻāĻŋāĻ˛ āĻŦāĻŋāĻāĻ¸āĻ†āĻ°āĻāĻŽ" 536:"Merger between BSRML and BSRM Steel Mills in the offing" 639: 480:. Dhaka Chamber of Commerce and Industry. p. 136. 218: 199: 177: 167: 145: 129: 119: 100: 82: 68: 60: 34: 24: 672:Companies listed on the Chittagong Stock Exchange 554:"BSRM to set up subsidiary company in Hong Kong" 456:Bangladesh Securities and Exchange Commission 8: 19: 662:Manufacturing companies based in Chittagong 657:Manufacturing companies established in 1952 419:"A night to recognise business luminaries" 302:Bangladesh National Board of Revenue (NBR) 18: 288:BSRM has a subsidiary in Hong Kong named 580:"BSRM draws Tk110cr thru 'false' claims" 333: 16:Bangladeshi steel manufacturing company 232:Bangladesh Steel Re-Rolling Mills Ltd. 20:Bangladesh Steel Re-Rolling Mills Ltd. 343:"BSRM opens first LC in rupee in Ctg" 160:, wire products, steel casing pipes, 138:Aameir Alihussain (Managing Director) 7: 449:"Prospectus of BSRM Steels Limited" 195:(US$ 850 million) (2021) 14: 208: 207: 182: 181: 135:Alihussain Akberali (Chairman) 425:. 26 June 2011. Archived from 1: 677:Companies in the DSE 30 Index 667:Steel companies of Bangladesh 491:Akter, Sayeda (5 July 2011). 341:Report, TBS (July 12, 2023). 542:. Dhaka. 18 September 2019. 478:Commercial History of Dhaka 88:; 72 years ago 698: 173:1.6 million MT (2019) 141:Zohair Taherali (Director) 515:Chittagong Stock Exchange 283:Chittagong Stock Exchange 290:BSRM (Hong Kong) Limited 214:(US$ 1.6 billion) (2018) 267:Dhaka-Chittaong Highway 560:. Dhaka. 10 June 2018 558:The Financial Express 540:The Financial Express 372:The Financial Express 347:The Business Standard 608:āĻĒā§āĻ°āĻ¤āĻŋāĻŦā§‡āĻĻāĻ•, āĻœā§āĻ¯ā§‡āĻˇā§āĻ . 374:. September 22, 2023 279:Dhaka Stock Exchange 234:, commonly known as 240:steel manufacturing 238:, is a Bangladeshi 154:long steel products 21: 682:Bangladeshi brands 394:"History of BSRM" 242:company based in 228: 227: 169:Production output 64:Steel engineering 689: 643: 642: 640:Official website 625: 624: 622: 621: 605: 599: 598: 596: 595: 586:. Archived from 576: 570: 569: 567: 565: 550: 544: 543: 532: 526: 525: 523: 521: 507: 501: 500: 488: 482: 481: 473: 467: 466: 464: 462: 453: 445: 439: 438: 436: 434: 415: 409: 408: 406: 405: 396:. Archived from 390: 384: 383: 381: 379: 364: 358: 357: 355: 353: 338: 275:Bangladeshi taka 224:BSRM (Hong Kong) 211: 210: 204: 194: 189: 185: 184: 158:structural steel 104:Sadarghat Road, 96: 94: 89: 22: 697: 696: 692: 691: 690: 688: 687: 686: 647: 646: 638: 637: 634: 629: 628: 619: 617: 607: 606: 602: 593: 591: 590:on 12 June 2023 584:The Independent 578: 577: 573: 563: 561: 552: 551: 547: 534: 533: 529: 519: 517: 509: 508: 504: 493:"Steely nerves" 490: 489: 485: 475: 474: 470: 460: 458: 451: 447: 446: 442: 432: 430: 429:on 4 March 2016 417: 416: 412: 403: 401: 392: 391: 387: 377: 375: 366: 365: 361: 351: 349: 340: 339: 335: 330: 318: 298: 252: 213: 212:Tk 13,466 Crore 200: 187: 186: 170: 162:household goods 139: 136: 132: 122: 115: 109: 92: 90: 87: 75: 49: 39: 17: 12: 11: 5: 695: 693: 685: 684: 679: 674: 669: 664: 659: 649: 648: 645: 644: 633: 632:External links 630: 627: 626: 600: 571: 545: 527: 502: 497:The Daily Star 483: 468: 440: 423:The Daily Star 410: 385: 359: 332: 331: 329: 326: 325: 324: 317: 314: 297: 294: 251: 248: 226: 225: 222: 216: 215: 205: 197: 196: 179: 175: 174: 171: 168: 165: 164: 147: 143: 142: 133: 130: 127: 126: 123: 120: 117: 116: 111: 105: 102: 98: 97: 84: 80: 79: 70: 66: 65: 62: 58: 57: 40: 35: 32: 31: 26: 15: 13: 10: 9: 6: 4: 3: 2: 694: 683: 680: 678: 675: 673: 670: 668: 665: 663: 660: 658: 655: 654: 652: 641: 636: 635: 631: 615: 611: 604: 601: 589: 585: 581: 575: 572: 559: 555: 549: 546: 541: 537: 531: 528: 516: 512: 506: 503: 498: 494: 487: 484: 479: 472: 469: 457: 450: 444: 441: 428: 424: 420: 414: 411: 400:on 2013-06-27 399: 395: 389: 386: 378:September 22, 373: 369: 363: 360: 352:September 22, 348: 344: 337: 334: 327: 323: 320: 319: 315: 313: 311: 306: 303: 300:In May 2019, 295: 293: 291: 286: 284: 280: 276: 272: 268: 264: 259: 256: 249: 247: 245: 241: 237: 233: 223: 221: 217: 206: 203: 198: 193: 180: 176: 172: 166: 163: 159: 155: 151: 148: 144: 140: 134: 128: 124: 118: 114: 108: 103: 99: 85: 81: 78: 74: 71: 67: 63: 59: 56: 52: 48: 44: 41: 38: 33: 30: 27: 23: 618:. Retrieved 616:(in Bengali) 613: 603: 592:. Retrieved 588:the original 583: 574: 562:. Retrieved 557: 548: 539: 530: 518:. Retrieved 514: 505: 496: 486: 477: 471: 459:. Retrieved 455: 443: 431:. Retrieved 427:the original 422: 413: 402:. Retrieved 398:the original 388: 376:. Retrieved 371: 362: 350:. Retrieved 346: 336: 307: 299: 289: 287: 260: 257: 253: 235: 231: 229: 220:Subsidiaries 202:Total assets 137: 101:Headquarters 25:Company type 564:22 November 511:"BSRMSTEEL" 296:Controversy 121:Area served 651:Categories 620:2024-02-18 594:2019-10-07 433:11 January 404:2013-06-09 328:References 244:Chittagong 131:Key people 113:Bangladesh 107:Chittagong 322:GPH Ispat 125:Worldwide 55:BSRMSTEEL 47:BSRMSTEEL 37:Traded as 614:bdnews24 316:See also 271:Latifpur 146:Products 61:Industry 263:Danieli 250:History 178:Revenue 91: ( 83:Founded 53::  45::  520:27 May 461:27 May 190:10000 29:Public 452:(PDF) 192:crore 150:Steel 73:Steel 69:Genre 566:2020 522:2021 463:2021 435:2017 380:2023 354:2023 281:and 236:BSRM 230:The 93:1952 86:1952 77:Iron 310:VAT 269:at 51:CSE 43:DSE 653:: 612:. 582:. 556:. 538:. 513:. 495:. 454:. 421:. 370:. 345:. 292:. 156:, 152:, 110:, 623:. 597:. 568:. 524:. 499:. 465:. 437:. 407:. 382:. 356:. 188:ā§ŗ 95:)

Index

Public
Traded as
DSE
BSRMSTEEL
CSE
BSRMSTEEL
Steel
Iron
Chittagong
Bangladesh
Steel
long steel products
structural steel
household goods
crore
Total assets
Subsidiaries
steel manufacturing
Chittagong
Danieli
Dhaka-Chittaong Highway
Latifpur
Bangladeshi taka
Dhaka Stock Exchange
Chittagong Stock Exchange
Bangladesh National Board of Revenue (NBR)
VAT
GPH Ispat
"BSRM opens first LC in rupee in Ctg"
"BSRM comes out of red in Jan-Mar, riding on high demand, increased product prices"

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