Aman Cotton Fibrous ltd. IPO Approval News update will get from here.. The Company was incorporated as a private Limited Company with the issuance of certificate of incorporation bearing No.:Raj-C-403 dated December 28, 2005 by the Registrar of Joint Stock Companies & Firms. The Company commenced its commercial production on November 01, 2007. Subsequently the shareholders in their Extra-ordinary General Meeting held on April 22, 2012 approved conversion of status of the company from private limited to public limited company. Re
gistered office of the Company is located at 2 Ishakha Avenue, Sector #6, Uttara, Dhaka.
Aman Cotton Fibrous Limited is primarily engaged in manufacturing of high quality yarn in Bangladesh and marketing and selling of product in the global and domestic Market. The installation of a high capacity air conditioning and filteration plant has enabled the mill to meet the international standards. The Company manufactures 100% cotton Carded, Combed & Semi combed ring spun grey yarn for knitting as well as weaving. From the beginning of operation of ACFL, it has managed to comply with the international standards of management, which was reflected in the attainment of ISO 9001:2000 Certificate that was conferred for fulfilling the norms of ISO standard in every step of its management of the plant.
The factory is situated in the village Boiragirchala in the Sreepur Upa Zilla of Gazipur district. It has 116,000 sft. main factory building with another 20,000 sft. covered area for quality control, utility, store, workshop, dormitory, office & others. Aman Cotton Fibrous Limited possess an installed capacity of 30,960 spindles capable of producing 5,631,624 Kgs of cotton yarn per year. All the machinery imported from Germany, Switzerland, Italy, Japan & China are contemporary, high-tech and hi-speed most modern machines to spin the finest quality cotton yarn conforming to global standards.
NATURE OF BUSINESS
The Principal activities and nature of the business of the company is to manufacture of high quality yarn in Bangladesh and marketing and selling of product in the global and domestic Market.
PRINCIPAL PRODUCTS AND SERVICES
The company manufactures auto coned electronically cleared cotton yarns for weaving and knitting applications.
COMPANY’S GOAL
To be acknowledged as a sustainable, valued supplier and trusted partner in the field of knitting & weaving in our community.COMPANY’S VISION
To be recognized by the customers as the market leader for quality ring spun yarn production and superior service to the customers.COMPANY’S MISSION
To deliver promised quality and endeavor towards better research, innovation and development. To be a trusted brand for the customers, suppliers and employees.COMPANY’S VALUES
To be honest and committed in fair dealings with all stakeholders of the Company.
COMPANY’S STRATEGY
- Giving continuous effort to attract and retain the best people available in the market.
- Developing and maintaining dependable and long-term relationship with the clients.
- Sustaining solid growth without compromising profitability.
- Maintaining strong relationship with a wide variety of development partners.
- Achieving higher return on equity.
- Grow and diversify sources of fund for operation of the Company.
- Reducing focus on some particular client and giving stress on wide range of clients.
- Embrace internationally accepted corporate governance and established sustainable business practices .
- last, but not the least, developing product range by research & analytical effort.
