Polar Ice Cream

What Polar Ice Cream does

Polar Ice Cream, legally Dhaka Ice Cream Industries Limited, is a Bangladesh-based manufacturer and distributor of ice cream and frozen desserts operating since 1987. The company is a concern of the diversified Pandughar Group and runs a state-of-the-art production facility at Savar, Dhaka using European technology and standards, with quick-freezing preservation capabilities. Its portfolio spans five core formats — Stick, Cone, Cup, Tub, and Cake — covering 59+ products at retail price points from approximately BDT 20 to BDT 1,440, including sub-brands such as Robusto, Carnival, Essora, Tornado, Chocolate Finesta, 2 in 1, and the standalone premium label Raffinato. The product range combines international-style flavors with traditional Bengali offerings (Kheer, Doi, Malai, Shor Malai), and ingredients are sourced internationally from Denmark, France, Turkey, Ireland, Australia, New Zealand, Singapore, Malaysia, Italy, Indonesia, and Thailand.

The company monetizes through three channels: nationwide retail distribution via supermarkets and convenience stores, a direct-to-consumer e-commerce storefront at polarbd.com with home delivery (minimum BDT 500, COD or electronic payment), and a program-delivery bulk-order service called Polar Express Delight targeting weddings, picnics, corporate events, and social gatherings (minimum BDT 3,000, no delivery charge, 48-hour lead time). Factory-direct trade sales and educational factory visits complement these channels. Polar was the first ice cream manufacturer in Bangladesh to obtain ISO 22000 certification (2005, upgraded to ISO 22000:2018 in 2022) and holds BSTI, HACCP, Halal, and Vegetarian certifications, supporting its "no preservatives or artificial ingredients" positioning.

Customer segmentation is broad and consumer-facing: general consumers across all age groups for everyday and celebratory consumption, event organizers requiring bulk frozen delivery, premium consumers targeted through Raffinato, Robusto, and Chocolate Finesta, and traditional/cultural-event buyers served through Bengali dessert variants. Leadership comprises Founder Mr. Amanullah Miah, Managing Director Mr. Nazim Uddin Ahmed (who joined as partner in 2009 and led the ISO certification program), Directors Mrs. Shamema Nasrin, Afnan Kabir Amanullah, and Zaydan Kabir Amanullah, plus Pandughar Group nominee director Mr. Khandker Md. Touhiduzzaman. The company is privately held, with no disclosed funding rounds, and operates as a single-country Bangladesh entity.

Name

Polar Ice Cream

Legal name

Dhaka Ice Cream Industries Limited

Website

https://polarbd.com

Company type

Private

Founded year

1987

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Polar Ice Cream (Dhaka Ice Cream Industries Limited) is a Bangladesh ice cream manufacturer and distributor, founded in 1987, producing 59+ products across Stick, Cone, Cup, Tub, and Cake formats for general consumers, event organizers, and premium buyers through retail, e-commerce, and bulk delivery channels nationwide.

Ownership category

akta.pro rank

Product category

Ice Cream & Frozen Desserts

NAICS

Ice Cream and Frozen Dessert Manufacturing (311520), Frozen Cakes, Pies, and Other Pastries Manufacturing (311813)

SIC

Ice Cream & Frozen Desserts (2024), Bakery Products (2050)

akta.pro primary industry

Ice Cream, Frozen Desserts & Novelties Manufacturing (AFAKAKAE)

akta.pro secondary industries

Ice Cream & Refrigerated Desserts (CRADACAE), Ice Cream Cakes & Frozen Dessert Bakery Manufacturing (AFAHAEAH)

Keywords

• Ice cream manufacturing
• Frozen desserts
• Ice cream products
• Dairy frozen treats
• Premium ice cream

Headquarters

HQ city

Savar

HQ country

Bangladesh

HQ region

Asia

Offices2 records

Markets served

GTM type

B2C

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Infrastructure, Marketing or Sales

Revenue model

1. Retail Ice Cream Sales: Direct-to-consumer sales of ice cream products through retail stores, supermarkets, and direct distribution channels across Bangladesh. Products sold in various formats including Stick, Cone, Cup, Tub, and Cake categories at retail price points ranging from BDT 20 to BDT 1,440 per unit or carton.
2. Program Delivery (Bulk Orders): Bulk delivery service for events including weddings, picnics, birthday parties, corporate meets, and social gatherings. Minimum order level BDT 3,000 with no delivery charge. Products delivered in frozen condition with 48-hour lead time.
3. Home Delivery: E-commerce home delivery service in selected areas with minimum order value BDT 500. Delivery available seven days a week with COD or electronic payment options.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels6 records

Core offering

Polar Ice Cream manufactures and sells a portfolio of 59+ ice cream and frozen dessert products across five formats (Stick, Cone, Cup, Tub, and Cake) in Bangladesh, including premium sub-brands such as Robusto, Carnival, Essora, Chocolate Finesta, Raffinato, and Tornado. Products are sold through retail outlets, the company's own e-commerce site with home delivery, and a bulk 'program delivery' service for events such as weddings, picnics, and corporate functions.

Product overview

Polar Ice Cream is a comprehensive ice cream portfolio featuring five core product formats (Stick, Cone, Cup, Tub, and Cake) with both Premium and Regular tier options. The company offers over 59 products including established sub-brands like Robusto (chocolate-coated stick), Carnival (biscuit cone), Essora (white chocolate-coated sticks), Chocolate Finesta (premium cocoa tub), Tornado (twisted sticks), and Raffinato (premium brand). The product range spans classic flavors (Vanilla, Chocolate, Strawberry, Mango) alongside traditional Bangladeshi flavors (Kheer, Doi, Malai, Shor Malai) and innovative creations (Pista Kunafa, Red Velvet, Hazelnut). Products are sold through retail outlets, online ordering, home delivery, and program delivery services.

Differentiator

Problem solved

Functional benefit

Brands

• Raffinato: Premium ice-cream brand introduced by Polar

Products and services

• Stick Ice Cream Stick-format ice cream in Premium and Regular variants including Robusto, Tornado, Crunchy, Chocobar, and Ice Lolly flavors, priced from BDT 20 to BDT 150 per unit. Sold in cartons of varying counts.
• Cone Ice Cream Cone-format ice cream including Carnival, Chocodelight, and Mini Cone variants with flavors such as Vanilla, Strawberry, Butterscotch, and Hazelnut, priced BDT 60–80 per unit.
• Cup Ice Cream Cup-format ice cream in Premium and Regular variants including Vanilla, Chocolate, Strawberry, Mango, Doi, Kheer, Royal Sundae, Googly, and Twinee Cup, priced BDT 30 per unit.
• Tub Ice Cream Tub-format ice cream in Premium and Regular variants including Vanilla, Chocolate, Strawberry, Mango, Coffee, Kheer, Doi, Butterscotch, Zafran Malai, Red Velvet, Choco Crumb, Caramel Touch, and 2 in 1 flavors, priced BDT 300–650 per 1000ml tub.
• Cake Ice Cream Ice cream cake products including Vanilla Cake Ice Cream, Chocolate Vanilla Pound Cake, and Strawberry Vanilla Pound Cake, priced BDT 300–500 per unit.
• Robusto Premium chocolate-coated stick ice cream with thick real chocolate coating, available in Chocolate, Vanilla, Salted Caramel, and Pista Kunafa flavors at BDT 120–150 per unit.
• Carnival

Quantifiable outcome

• First ISO 22000:2005 certified ice cream company in Bangladesh dairy category
• +2 more outcomes

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

One partnership is on record.

• Pandughar GroupcoreStrategic or Co-development PartnerPolar Ice Cream is a concern of Pandughar Group, a conglomerate operating multiple businesses in Bangladesh. Pandughar Group provides corporate oversight and governance through nominee directors on Polar's Board of Directors.

Scale indicators5 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Igloo Ice Cream: Bangladesh's other major domestic ice cream manufacturer, producing a wide range of stick, cone, cup, and tub products. Directly competes with Polar across price tiers and distribution channels within Bangladesh.

Broad incumbents

• Unilever Bangladesh (Walls): Multinational FMCG giant operating the Walls ice cream brand in Bangladesh with strong brand equity in impulse/stick formats. Competes with Polar in modern retail and the premium tier through globally established brand power.
• Nestlé Bangladesh: Global packaged food leader with an ice cream presence in Bangladesh alongside its broader dairy and confectionery portfolio. Represents multinational competitive pressure on Polar across both mainstream and premium segments.
• Amul (GCMMF): India's largest dairy cooperative with a significant ice cream business alongside milk and dairy products. Represents a major South Asian scale player with dairy supply-chain advantages analogous to Polar's positioning.

Regional players

• Kwality Limited: One of India's largest ice cream manufacturers with a broad portfolio across cones, cups, tubs, and family packs. Comparable scale and product breadth to Polar within the South Asian region.
• Havmor Ice Cream: Established Indian ice cream brand (now part of Lotte) with a strong premium positioning and broad distribution across formats. Comparable to Polar in product-led innovation and sub-brand strategy.
• Vadilal Industries: Large Indian ice cream manufacturer with tub, cone, and novelty products sold domestically and exported. Comparable to Polar in multi-format portfolio and family-owned heritage.

Emerging players

• Hocco Ice Cream: Premium-positioned Indian ice cream brand focused on indulgent flavors and modern formats. Comparable to Polar's premium tier (Raffinato/Robusto) in product positioning and innovation cadence.
• Lazeez Ice Cream: Emerging South Asian ice cream brand focused on novel flavors and small-batch positioning. Comparable to Polar's innovation-led growth motion in regional markets.
• Dinshaw's Ice Cream: Indian dairy and ice cream brand with regional strongholds and a heritage positioning. Comparable to Polar in leveraging dairy heritage, traditional flavors, and regional brand equity.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/polarbd
• Xx.com/polarbd
• LinkedInlinkedin.com/company/polarbd

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Polar Ice Cream