Dragon Sweater and Spinning IPO Approval

Dragon Group has expanded and has grown over the time and in the last 30 years the group has invested heavily in different sectors and also in the backward linkage sector of textile industry to reduce costs and delivery of manufactured sweater products from Bangladesh. Today the group produces 40 % of its yarns produced from its own spinning and sweater manufacturing division and has the capacity to export 10 million pieces of sweaters per annum which earns more than $ 60 million US dollars from exports.

Dragon Sweater and Spinning
is a 100% composite export oriented spinning and sweater manufacturing facility, having its own 20000 spindle Acrylic Spinning plant and with its own sweater manufacturing project with annual capacity of approximately 4 million pieces of sweater. The company is supplying sweaters to world¹s biggest renowned buyers like Wal-Mart, C&A, Zara and Primark.

The company is situated in Comilla in its own industrial complex and employs huge number of local people in its manufacturing facilities. Most of the machineries has been imported from world class suppliers from Germany , Italy and other European countries.

Due to rising demand of goods produced from its composite project the company plans to expand the spinning and Sweater manufacturing power to meet the rising demand of acrylic and other yarns from the group itself and also to meet the demand of rising sweater industry.

The company has a paid up capital base of 15 Crore taka and is in the process of raising Paid up Capital to 40 Crore Tk by issuing shares in the Primary Market.  The company is in the process of seeking permission to Raise Capital from the Bangladesh Capital market. DSSL will use the proceed for further expansion of the projects.
Contact Us

DRAGON GROUP OF COMPANIES
Adderss
:
Dragon Tower, 25/2 D.I.T Road, Malibagh Chowdhury Para,
Dhaka-1219, Bangladesh.
Telephone No
:
880-2-9331404, 880-2-9346815
Fax No
:
880-2-8311929
Hotline
:
000-00000000
E-mail
:
Website URL
:

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