Company Profile:
Company Introduction: LICL (LankaBangla Investments Limited)
Business Type: Neither a factory nor a trading company. It is a financial institution.
LankaBangla Investments Limited (LICL) is a prominent financial services provider in Bangladesh. It primarily operates as a merchant bank, offering a comprehensive range of investment banking services. These services include issue management (such as initial public offerings, rights issues, and bond issues), portfolio management, corporate advisory, and underwriting. LICL is a subsidiary of LankaBangla Finance Limited, a leading non-banking financial institution in Bangladesh. The company plays a significant role in the capital market of Bangladesh, facilitating investment opportunities and corporate financing for various entities. Its core business revolves around financial intermediation and capital market operations, rather than manufacturing physical goods or trading them.
Enterprise Products
Lira Industrial Company Limited (LICL) is a leading manufacturer of PVC piping systems and plastic products in Bangladesh. The products they produce and sell include:
UPVC Pipes
These include pipes for drinking water supply, agriculture irrigation, tube well casing, and underground drainage systems.
UPVC Screen Pipes
Specially designed slotted and ribbed screen pipes used for water well filtration.
PVC Fittings
A wide range of pipe fittings such as elbows, tees, sockets, end caps, and reducers for plumbing installations.
PVC Flexible Hoses
Flexible tubes used for gardening, household water supply, and construction sites.
PVC Suction Hoses
Heavy-duty hoses designed for agricultural water pumps and industrial suction applications.
Alternatively, if you are referring to the Life Insurance Corporation of Bangladesh Limited (LICL), they sell the following financial and insurance products:
Endowment Assurance Plans
Savings-oriented life insurance policies that pay a lump sum after a specific term or upon death.
Money Back Plans
Policies that provide periodic cash payouts to the policyholder during the policy term.
Pension and Retirement Plans
Schemes designed to provide financial security and regular income after retirement.
Child Protection Plans
Policies focused on securing funds for the future education and marriage expenses of children.
Group Insurance Plans
Life coverage solutions designed for corporate employees, cooperatives, and organizations.