Publicly listed companies are companies whose ownership is traded freely and publicly in the form of stocks on a stock exchange.
This article provides insight into the largest public companies in Bangladesh, which are traded on the Dhaka Stock Exchange (DSE), the biggest stock exchange in Bangladesh, in terms of valuation.
1. Bangladesh Export Import Company Ltd. (BEXIMCO)
Founded in 1972, BEXIMCO is the largest conglomerate in Bangladesh with the largest market capitalization on the country’s stock market. They are one of the largest public companies in Bangladesh. The company exports its products to over 55 countries worldwide. The current market valuation of the company stands at 2,518.7720 million (BDT).
2. Orion Pharmaceuticals
Established in 1965, Orion Pharmaceuticals Limited is one of the largest pharmaceutical companies in Bangladesh. It is a sister concern of The Orion Group and has a market valuation of 2,012.5820 million (BDT).
The company provides healthcare solutions with more than 120 brands in different dosages and forms. Their products are exported to Afghanistan, Armenia, Bhutan, Cambodia, Jamaica, Lesotho, Myanmar, Nepal, the Philippines, and Sri Lanka.
3. Shinepukur Ceramics Limited:
Established in 1997, Shinepukur Ceramics Limited is a ceramic manufacturing company based in Dhaka. Their operations extend beyond Bangladesh and into the Asian, European, and African regions. In 2005, having 100% of its shares being acquired, the company became a subsidiary of Beximco group. Currently, the company has a market valuation of 667.1970 million (BDT).
You might also like to read about the top real estate companies in Dhaka, BD.
4. LafargeHolcim Bangladesh Limited
Operating since 1997, LafargeHolcim Bangladesh Ltd.(LHBL) is a joint venture of Holcim and Cementos Molins and is one of the largest cement producers in Bangladesh. In its entire operational history, the company has made about US$500 million investment in building cement manufacturing plants and capabilities, one of the largest foreign direct investments in the sector. The company has a market valuation of 562.3230 million (BDT).
5. Beximco Pharmaceuticals Ltd.
Established in 1976, Beximco Pharmaceuticals Limited is one of the largest pharmaceutical companies in Bangladesh. It is a part of Beximco group of companies. The company produces more than 500 types of medicines, which are distributed throughout the country and to more than 50 export destinations worldwide. The company has a market valuation of 451.2410 million (BDT).
6. Orion Infusion Ltd.
Orion Infusion Ltd, formerly named Mala Chemical & Pharmaceuticals Industries Ltd. is a part of Orion group. The company started its journey in 1989 and transitioned into a public limited company in 1994 as a new addition to the specialized Large Volume I.V. Manufacturer in Bangladesh.
The company is known for its production of Large Volume Parenteral (LVP) and other lifesaving injectable products. The current market valuation of the company stands at 446.0680 million (BDT).
7. Nahee Aluminum Composite Panel Ltd.
Established on October 24, 2010, Nahee Aluminum Composite Panel Ltd is one of the fastest growing and leading manufacturers and distributors of aluminum products. The company produces aluminum composite panels (ACP) and polyvinylidene difluoride (PVDF) coatings for metal to resist weathering and distribution of processed aluminum products. The current market valuation of the company stands at 395.6250 million (BDT).
8. ACI Formulations Limited
Established in 1995, ACI Formulations Limited (ACI FL) is a subsidiary of Advanced Chemical Industries (ACI). The company is a leading agrochemical manufacturer and supplier in Bangladesh. By formulating and marketing insecticides, herbicides, fungicides, miticides, and more, the company is directly contributing to increasing the agricultural productivity of the country.
ACI Formulations Limited (ACI) obtained a listing on the Dhaka Stock Exchange in 2008. The current market valuation of the company stands at 363.3520 million (BDT).
9. Bangladesh Shipping Corporation
Founded in 1972, Bangladesh Shipping Corporation is a state-owned, independent corporation that owns ships, oil tankers, and charters sea-going vessels from other operators. Their vessels contribute heavily to the economy of the country by exporting ready-made garments and other export items and importing crude oil and other capital goods important for the manufacturing industries. The market valuation of the company stands at 363.2360 million (BDT).
10. JMI Hospital Requisite Manufacturing Limited
Founded in 2008, JMI Hospital Requisite Manufacturing Ltd. (JHRML) is a leading manufacturer of different types of medical devices and their components in Bangladesh. The company was formed with a joint-venture agreement with South Korea for the production of global standard medical devices and components.
The company aims to provide healthcare services to vulnerable customers with the help of their locally manufactured high-quality healthcare products, particularly medical devices, at an affordable price. The current market valuation of the company stands at 355.7210 million (BDT).
11. Eastern Housing Limited
Operating since 1965, Eastern Housing Limited has contributed a great deal to reducing the housing problems of Dhaka city. The company was one of the pioneering low-cost housing providers to the residents of this land. As of data collected in 2008, the company had more than 40% market share in the residential plot and apartment development business in Bangladesh. The current market valuation of the company stands at 333.6470 million (BDT).
12. Fortune Shoes Limited
Established as a private limited company in 2010, Fortune Shoes Limited is a 100% export-oriented company that specializes in shoe manufacturing. In 2015, the company was transformed into a public limited company and at present has a net market valuation of 246.2240 million (BDT).
13. The ACME Laboratories Limited
Operating since 1954, Acme laboratories is one of the leading pharmaceutical companies in Bangladesh. The company manufactures pharmaceutical formulations in the form of tablets, capsules, injections, cream & Ointment, and more, in various quantities and categories. The vision of the company is ‘To ensure health, vigor, and happiness for all. The current market valuation of the company stands at 206.0700 million (BDT).
14. Delta Life Insurance Company Ltd.
Established in 1986, Delta Life Insurance Company Ltd. is one of the leading insurance companies in Bangladesh. The company is the pioneer in Micro-Insurance in Bangladesh.
Apart from Ordinary Life, Group, and Health Insurance, the company also provides Gono Grameen Bima, an immensely popular scheme among rural folk. The company is conducting its operation from over 1000 offices across the country with around 20,000 field workers. The current market valuation of the company stands at 193.4620 million (BDT).
15. Malek Spinning Mills Ltd.
Established in 1991, Malek Spinning Mills Ltd (MSML) is one of the leading spinning mills in Bangladesh with over 64,000 spindles. The company completely transitioned into a Public Limited Company on September 2008. At present, the market valuation of the company stands at 193.4530 million (BDT).
The aforementioned companies above are some of the biggest companies in Bangladesh, that contribute immensely toward employment creation and the economic growth of the nation as a whole.
