hosaf group of companies

Name

hosaf group of companies

Legal name

Hosaf Group

Website

https://hosafgroup.com

Company type

Private

Founded year

1980

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Headquarters

HQ city

Dhaka

HQ country

Bangladesh

HQ region

Asia

Offices5 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Power Generation (Rental/IPP): Energyprima Limited operates 4 rental power plants supplying 170 MW to the national grid. HF Power Limited operates a 113 MW HFO Fired IPP plant. Revenue generated through power purchase agreements with Bangladesh Power Development Board (BPDB).
2. Energy Meter Manufacturing: Manufacturing and supplying electric energy meters to government entities (BPDB, BREB), military, private companies, and domestic consumers. Over 5 million meters supplied.
3. Real Estate Development: Citilink Apartment Limited develops residential buildings, commercial complexes, and convention centers in Dhaka. Revenue from property sales and rentals.
4. Solar Energy Products: Hosaf Proficient Energy sells solar panels, LED lighting, DC fans, water pumps, and complete solar solutions. Products reduce electricity consumption by 30-90%.
5. Coal Mining: Hosaf International Limited holds exploration license for Khalashpir Coal Mine. Projected to produce 1-2 million tonnes of coal annually with 500 MW electricity generation potential.
6. Retail and Food Services: City Mart Limited operates 'At The Table' food court with multiple cuisines. Revenue from food and beverage sales.
7. Banking (Finance Affiliate): Hosaf Group holds approximately 10% ownership in National Bank Limited with 221 branches. Revenue through financial services and interest.
8. Non-Life Insurance (Finance Affiliate): Pragati Insurance Limited, established 1986, operates in non-life insurance sector with strong capital base and reinsurance partnerships.
9. Life Insurance (Finance Affiliate): Pragati Life Insurance Limited provides life insurance products with customer-centric and innovative offerings.
10. Green Construction Materials: Hosaf Green Bricks Limited manufactures eco-friendly concrete bricks, blocks and tiles. Reduces construction costs by 10-25%.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels4 records

Core offering

Hosaf Group is a diversified Bangladeshi conglomerate operating across power generation (rental and IPP plants totaling 283 MW), electric energy meter manufacturing (5M+ units supplied), solar energy products, real estate development, coal mining, eco-friendly construction materials, and food services. The group also holds minority stakes in banking and insurance affiliates. Customers are primarily government utilities, industrial buyers, and corporate clients in Bangladesh.

Product overview

Hosaf Group operates as a diversified conglomerate in Bangladesh with ownership of over five units spanning manufacturing and service enterprises. The group comprises multiple subsidiaries organized into two categories: Group Ventures (energy generation, meter manufacturing, solar solutions, real estate, coal mining, food services, and eco-friendly construction materials) and Finance Affiliates (banking and insurance services). The portfolio includes Energyprima Limited and HF Power Limited for power generation, Hosaf Meter Industry for manufacturing, Hosaf Proficient Energy for solar solutions, Hosaf Green Bricks for eco-friendly construction, Hosaf International for coal mining, Citilink Apartment for real estate, City Mart for food services, along with National Bank, Pragati Insurance, and Pragati Life Insurance as financial affiliates.

Differentiator

Problem solved

Functional benefit

Brands

• At The Table: A concern of City Mart Limited, one of the finest food courts featuring assorted flavors from various cuisines, with kids' zone and extensive parking facilities.

Quantifiable outcome

• 170 MW continuous electricity supply to National Grid
• +5 more outcomes

Named customers3 records

Segments7 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Three partnerships are on record, tiered core and minor.

• Hosaf-Chinese ConsortiumcoreStrategic or Co-development Partner · 1 October 2003Joint consortium for Khalashpir Coal Mine development. Conducted Techno-Economic Feasibility Study of the coal deposit under Exploration License Contract with Bureau of Mineral Development.
• Bureau of Mineral Development (BMD)coreStrategic or Co-development PartnerGovernment body overseeing mineral exploration. Hosaf International holds exploration license through BMD for coal mining operations in Khalashpir area.
• Global Reinsurance CompaniesminorStrategic or Co-development PartnerStrategic reinsurance partnerships for Pragati Insurance Limited providing robust risk management and financial strength.

Scale indicators12 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• Confidence Group: Bangladeshi group operating cement, power, and real estate ventures. Comparable as a domestic conglomerate combining heavy industry/energy with construction-linked businesses.
• Summit Group: Bangladesh's largest independent power producer and a diversified group with LNG, telecom, and infrastructure. Most directly comparable to Hosaf on power generation scale, gas/HFO IPP expertise, and BPDB-oriented contracting.
• Bashundhara Group: One of Bangladesh's largest conglomerates, with cement, paper, real estate, and power generation. Comparable in scale, multi-vertical structure, and domestic market concentration.
• S. Alam Group: Bangladeshi conglomerate with significant power generation, cement, and shipping operations. Comparable to Hosaf in combining IPP capacity with diversified industrial and infrastructure assets.
• United Group: Major Bangladeshi group active in real estate development, power, and infrastructure. Comparable to Hosaf's Citilink Apartment real estate vertical plus energy businesses.
• Beximco Group: Family-controlled Bangladeshi conglomerate spanning textiles, pharmaceuticals, IT, power, and real estate. Closely comparable to Hosaf in being a diversified, family-led private group operating in energy plus adjacent industries.

Regional players

• Pran-RFL Group: Bangladesh's largest agro-processing conglomerate with global FMCG exports. Adjacent comparable as another large, Bangladesh-domiciled diversified consumer/industrial group rather than a direct energy peer.
• ACI Limited: Bangladesh-listed conglomerate spanning consumer goods, pharma, and agribusiness. Useful benchmark for diversified, family-influenced Bangladeshi operating groups, though not an energy peer.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/profile.php
• LinkedInlinkedin.com/company/hosaf-group-of-companies

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries11 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 hosaf group of companies