GPH Ispat Limited is one of the leading integrated steel manufacturing companies in Bangladesh engaged in manufacturing and trading of M. S. Billet and M. S. Rod. The Company was incorporated in Bangladesh on May 17, 2006 as a Private Limited Company limited by shares under the Companies Act, 1994. The Company converted into a Public Limited Company along with the subdivision of face value of shares from Tk. 100 to Tk. 10 each and enhanced Authorized Capital from Tk. 1,000 million to Tk. 2,500 million on December 18, 2009. GPH Ispat Limited came to Initial Public Offering (IPO) in February 2012 and became listed with Dhaka Stock Exchange Limited and Chittagong Stock Exchange Limited in April 2012. The company enhanced its Authorized Capital from Tk. 2,500 million to Tk. 10,000 million in September 2015. GPH Ispat Limited also issued 03[R]:02 Right Shares in June, 2016.
GPH stands for God Fearing, Plain Living and High thinking. Holding this philosophy in mind the company started its journey back in 2006 and the commercial production of the factory commenced on August 21, 2008 with an annual production capacity of M. S. Billet 84,000 metric ton and M. S. Rod 120,000 metric ton of different diameter ranges from 8 mm to 40 mm. GPH Ispat has embarked on a new journey with cutting-edge innovation in the history of steel manufacturing, and has proudly introduced Asia’s first Quantum Electric Arc Furnace and Winlink Technology, which annual capacity reached at 1 million plus steelmaking as well as production of rebar and medium section from billet to rolled finished products and the level-2 automation system ensure desired quality & quantity of production. In 21 June 2021, the company declared the commercial production of the new expansion plant and marketed the new products. GPH can produce long steel product from 300 MPA to 900 MPA that’s ensures up to class-4 grade steel in its production facility. GPH Ispat Limited is an ISO 9001:2008 certified company and process the Integrated Management System (IMS) of ISO 9001: 2015, 14001 & 45001:2018 certification as a continuous effort for sustainable development of the company.
GPH not only pursue financial outcomes but also invest in the sustainability and preservation of natural resources, technology, development and well-being of the employees as well as communities to make us future-ready. GPH applies rain water harvesting system to use water in the process. No underground water is used in production process and the Water Treatment Plant (WTP) has been designed with zero discharge system that ensures 100% recycling of used water. GPH is enriched world latest and efficient de-dusting system which is complied with World Bank standard. This latest technology reduces power consumption by 2,26,800 MW electricity per year at the same time saves natural gas consumption by 26.46 million m3 each year which meets the demands of 35,000 households per year. GPH is also take care of its society and committed to the society by making green production facility in its production process.
Now GPH Ispat Limited is not only in Bangladesh's map but also makes its presence globally by exporting of MS Billet to the world second largest economy country the People's Republic of China.
A high standard Human Resource Department are engaged in job analysis, recruitment of right people in right job, employee’s orientation and training, managing salaries & wages and other benefits. Employees are provided with long term benefits such as provident fund, gratuity and group insurance etc. GPH has also been taking initiatives for skill development of the officers, staffs and workers by arranging internal, local and foreign training facilities throughout the year.
Since the inception of GPH Ispat Limited, a collective contribution to the National Exchequer was very significant. In 2020-21, GPH contributed BDT 3,913.57 million to the national exchequer as Value Added Tax (VAT), Corporate Tax, Source Tax, Supplementary Duty (SD), Custom Duty and various Registration fee. Moreover, during the great depression of COVID-19 pandemic, GPH responded rapidly and closely collaborated with relevant authorities by supplying of life saver oxygen for corona affected patients’ treatment.
OUR JOURNEY
2006
Incorporated as a Private Limited Company.
2008
Commenced the commercial production of the factory with an annual production capacity of MS Billet
84,000 MT and MS Rod 120,000 MT.
2009
- Converted into a Public Limited Company.
- Enhanced Authorized Capital from Tk. 1,000 million to Tk. 2,500 million.
2012
- Increased production capacity of MS Billet from 84,000 MT to 168,000 MT.
- Came to Initial Public Offering (IPO).
- Became listed with the Dhaka Stock Exchange Limited and Chittagong Stock Exchange Limited.
2015
Enhanced the Authorized Capital from Tk. 2,500 million to Tk. 10,000 million.
2016
- Issued 03[R]:02 Right Share.
- Started large-scale expansion of production with the world’s most advanced technology based on “EAF Quantum Technology” by enhancement of production capacity of MS Billet 840,000 MT and MS Rod, Medium Section Products (Steel Beam, Angle, Channel, Flat Bar etc.) 640,000 MT per annum.
2020
- Started the hot commissioning and marketed the products of new expansion plant.
- First time contract for Export of 25,000 MT MS Billet to the People's Republic of China.
2021
Started the commercial production of new expansion plant on 21 June 2021.
CORPORATE INFORMATION
Corporate History:
Company Name : GPH Ispat Limited
Registration No : CH-5853 of 2006
Date of Incorporation : May 17, 2006
Commencement of Business : August 21, 2008
Conversion to Public Limited Company : December 18, 2009
Listed with Stock Exchanges : April 19, 2012
Registered Office : Crown Chamber, 325 Asadgonj, Chattogram-4000, Bangladesh.
Factory : Masjiddah, Kumira, Sitakunda, Chattogram, Bangladesh.
Dhaka Office : Hamid Tower (3rd & 11th Floor), 24 Gulshan C/A, Circle- 2, Dhaka-1212.
Phone : +880-31-631460(PABX), +880-31-2854997.
Fax : +880-31-610995.
E-mail : info@gphispat.com.bd
Website : www.gphispat.com.bd
Board of Directors:
Mr. Md. Alamgir Kabir : Director & Chairman
Mr. Mohammed Jahangir Alam : Director & Managing Director
Mr. Mohammed Almas Shimul : Director & Additional Managing Director
Mr. Mohammad Ashrafuzzaman : Director
Mr. Md. Abdul Ahad : Director
Mr. Md. Azizul Hoque : Director
Mr. Mohammad Abdul Malek : Independent Director
Mr. Mukhtar Ahmed : Independent Director
Audit Committee:
Mr. Mukhtar Ahmed : Chairman
Mr. Mohammed Almas Shimul : Member
Mr. Mohammad Ashrafuzzaman : Member
Mr. Abu Bakar Siddique, FCMA : Secretary
Nomination & Remuneration Committee:
Mr. Mohammad Abdul Malek : Chairman
Mr. Mohammed Almas Shimul : Member
Mr. Md. Abdul Ahad : Member
Mr. Abu Bakar Siddique, FCMA : Secretary
Corporate Officials:
Mr. Abu Bakar Siddique, FCMA : Executive Director-Group and Company Secretary
Mr. H. M. Ashraf-Uz-Zaman, FCA : Chief Financial Officer
Mr. Mohammad Atiqur Rahman Chowdhury : Head of Internal Audit and Compliance
Advisors:
Prof. Dr. M. Shamim Z. Bosunia : Technical Advisor
Mr. Shidhartha Barua, FCA : Tax Advisor
Engr. Serazul Islam : Technical Advisor (230 KV T/L & Substation Project)
Mr. Mohammad Osman Gani Chowdhury : Media Advisor
Mr. Arafat Kamal, FCA : Internal Audit Advisor
Engr. Md. Musharraf Hussain : Technical Advisor (Marketing & Sales)
Mr. Mujibur Rahman, District Judge (Retd.) : Legal & Compliance Advisor
Mr. Mohammad Amirul Islam : Process Development Advisor
Colonel Mohammed Showkat Osman (Retd.) : Admin & Logistics Advisor
Statutory Auditors:
Hussain Farhad & Co.
Chartered Accountants
Corporate Governance Compliance Auditors:
Rahman Mostafa Alam & Co.
Chartered Accountants
Listing:
Dhaka Stock Exchange Limited
Chittagong Stock Exchange Limited
Local Bankers:
AB Bank Limited United Commercial Bank Limited
Trust Bank Limited Islami Bank Bangladesh Limited
Standard Chartered Bank Bank Asia Limited
Pubali Bank Limited Basic Bank Limited
The City Bank Limited Dutch Bangla Bank Limited
One Bank Limited Meghna Bank Limited
Premier Bank Limited Midland Bank Limited
Mercantile Bank Limited Modhumoti Bank Limited
State Bank of India Eastern Bank Limited
Argani Bank Limited NCC Bank Limited
Jamuna Bank Limited Janata Bank Limited
Sonali Bank Limited Southeast Bank Limited
Mutual Trust Bank Limited Al-Arafa Islami Bank Limited
Uttara Bank Limited
Foreign Banker:
ODDO BHF Aktiengesellschaft, Germany
Credit Rating:
Alpha Credit Rating Limited