Regent Textile Mills Limited was incorporated on November 30, 1994 as a public Limited company vide Reg No.CHC-1780. Registered office of the company is at 1182, Jubilee Road, Chittagong-4000 and Factory is situated at East Kalurghat, Charkhidirpur , Bandar, Chittagong.
Commercial operation of the company started in 1999. The company was established on November 30, 1994 by another business group. On March 01, 2005 the current sponsors acquired RTML in fully operative condition and turned around the performance of the company through the sponsor‟s prudent management skills. From the very beginning of the company the management established strong IT infrastructure and installed customized software to increase efficiency and skill of the employees as well as production quality and capacity.
Regent Textile Mills Limited is a 100% export oriented textile mill for woven fabrics. RTML offers a complete process line from weaving to finishing of RMG fabrics and home furnishing items. It offers 100% cotton woven fabrics of export quality. Constant quality control keeps it in touch with each specific process of production and its fully equipped laboratory and quality control monitor output on a full time basis. RTML marks the start of a new era in textile.
RTML is fully committed to all aspects of compliance regarding global buyer’s satisfaction and honor to laws and acts applicable to Bangladesh.
The company is equipped with sound infrastructural arrangement with composite manufacturing facilities having full coverage of weaving, dying, printing, sewing, finishing and packing procedures. The company is running with 12.00 million meters weaving and 14.00 million meter dying and printing capacity per year. The Textile mills hold a capacity to produce approximately 40,000-50,000 meters fabrics per day. At present, it requires 15,000 kgs ring card and open end cotton yarn (from 6 to 60 counts) per day which are mostly purchased from local spinning mills. The company exports its products to number of world renowned buyers, such as Wall Mart (worldwide) Heimtex AB (Sweden), Red Cats Asia Limited, Princess Groppen AS (Norway), New wave Group SA (Switzerland), Bonfrix (Germany), Silex Vyvoz A Dovoz SRO (Czech Republic), Lidl (France) and Siplec.
Regent Textile Mills Ltd., an export oriented enterprise, is striving to attain the pinnacle of excellence to the extent it is feasible through relentless effort and endeavor at all levels. We'll spare no pains to satisfy our buyers by our sincerity and commitment. While we have still a long way to go in this respect, advice and support of our valued customers while pave the way for our cherished goal. We have undertaken the expansion of our factory which will certainly engulf our business and fulfill the expectation of buyers round the globe. In achieving the excellence than ever, we crave for new ideas and technologies from all our partners in the process of work and we are pledge bound to travel this road hand in hand with all our employees and customers to bring prosperity to our company and country at large. As Textile market is itself run by reciprocal process, we would like to convey the message to our buyers 'HELP US TO HELP YOU' with a view to keeping the chariot moving.
Bangladesh Securities and Exchange Commission (BSEC) approved Regent Textile Mills Limited IPO on August 24, 2015 at a regular 552th meeting of the commission. Regent Textile Mills Limited will float 5 crore shares of Tk.10/= each at offer value of Tk.25/= with a premium of Tk.15/=. Regent Textile Mills Limited will raise Tk. 125 crore through initial public offerings (IPO). As per financials of 2014 of the Company, the EPS and NAV stood at Tk. 2.48 and 33.62 respectively.
Public subscription of Regent Textile Mills Limited will begin today (Wednesday) and will remain open until October 25th for residence and non-residence Bangladeshis (NRB)
Lottery for allotment of shares against IPO of Regent Textile Mills Limited will be held as below:
Date & Time: 12 November, 2015 at 10:00am
Venue: Banquet Hall, Chittagong Club Limited, S.S Khaled Road Chittagong
As per Regulation 19(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on April 25, 2016 at 3:30 PM to consider, among others, audited financial statements of the Company for the year ended on December 31, 2015.
As per Regulation 19(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015 and Chittagong Stock Exchange (Listing) Regulations 2015, the meeting of the Board of Directors of the Company will now be held on April 27, 2016 at 3:30 PM at Company’s Registered Office, HG Tower, 1182, Jubilee Road (Nur Ahmed Road), Chittagong 4000 instead of April 25, 2016 to consider, among others, audited financial statements of the Company for the year ended on December 31, 2015.
Regent At A Glance
Production capacity varies according to categories of fabrics. Normally approximately 1,00, 000 mtrs fabrics can be produced per day.
Products & Weaving Styles
H G. Tower, 1182, Jubilee Road, Chittagong- 4000, Bangladesh
+88 031 2868204-6, 2868841-3
+88 031 28688207-8
East Kalurghat, Charkhidirpur, Bandar, Chittagong-4000, Bangladesh