Trading of the shares of Associated Oxygen Limited will commence at DSE from October 25, 2020, under the ‘N’ category. DSE Trading Code for Associated Oxygen Limited is “AOL” and DSE Company Code is 15321. The transaction will be started on 25 October 2020. 3rd Quarter unaudited EPS Tk. 0.51 and 1st 3 Quarter or 9 Month (July 2019 to March 2020) EPS TK. 1.33. Associated Oxygen Limited IPO Lottery Result & Information 2020. Associated Oxygen Limited IPO Lottery Result 2020 published on 07 October 2020 & Information 2020 found here. Associated Oxygen Limited Subscription Open September 10, 2020, Close: September 16, 2020. Associated Oxygen Limited IPO Lottery Result found & updated here. Download Associated Oxygen Limited IPO Lottery Result that was published on October 07, 2020, & found here.
Associated Oxygen Limited is working as a producer and supplier of industrial gases both in liquid and gaseous forms over the last three decades. Associated Oxygen has got consent from the Bangladesh Securities and Exchange Commission (BSEC) to get enlisted in the share market of Bangladesh. Bangladesh Securities and Exchange Commission (BSEC) has approved the prospectus for the Initial Public Offering (IPO) of Associated Oxygen Limited to raise Tk. 15 crores through the fixed price method.
Initial Public Offer (IPO) Associated Oxygen Limited 2020
Associated Oxygen incorporated as a Private Limited Company on June 27, 1990, and subsequently converted to a Public Limited Company on April 25, 2018. Oxygen finds broad application in various technological processes and in almost all industry branches. The primary oxygen application is associated with its capability of sustaining the burning process, and the powerful oxidant properties. Due to that, oxygen has become widely used in metal processing, welding, cutting, and brazing processes. In the chemical and petrochemical industries, as well as in the oil and gas sector oxygen is used in commercial volumes as an oxidizer in chemical reactions. Associated Oxygen Limited IPO Lottery Result found here. Bangladesh Securities and Exchange Commission (BSEC) has approved the initial public offering (IPO) of Associated Oxygen Limited on their Board meeting held in 2020. BSEC approved the IPO of the company to raise the capital of Tk 15 crore from the market through the Fixed Price Method.
According to the financial statement of the company, the net asset value (NAV) per share is Tk. 17.37 and the earnings per share (EPS) was Tk. 1.51 for the year ended on June 30, 2019. BD Finance Capital Holdings Limited has acted on behalf of the company’s issue manager. The company’s IPO fund will be used to Constriction of Store Shed & New Plant by Tk. 68,156,250, Acquisition of new Plant & types of machinery by Tk. 42,400,250, Repayment of Bank loan (Basic Bank Ltd) by Tk. 20,000,000 and to bear IPO expenses & IPO related other relevant expenses by Tk. 19,443,500 according to the IPO prospectus.
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Associated Oxygen IPO Lottery Result 2020 Found Click Here
Associated Oxygen IPO Lottery Result 2020 published on 07 October 2020 and found here. Download Associated Oxygen Limited IPO Lottery Result from here. After ending of application of Initial Public Offer (IPO) from 10 September 2020 to 16 September 2020. Associated Oxygen IPO Online Lottery draw will be held on October 07, 2020, and the date has been fixed. Place: Dhaka by the live virtual platform. The IPO results also have published on the websites of the Dhaka Stock Exchange (DSE), Chittagong Stock Exchange (CSE), and the company’s website after the lottery programmed. See the Result below.
Click the following Link to get Associated Oxygen Limited IPO Lottery Result
- Stock Broker/Merchant Bank Code
- General Public/Resident Bangladeshi
- Non-Residence Bangladeshi(NRB)
- Affected Small Investors
- All Eligible Investor (Pro-Data Allotment)
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Prospectus of Associated Oxygen Limited 2020
The abridged version of the prospectus, as approved by the Commission, shall be published by the issuer in 4 (Four) national daily newspapers (two in Bangla and two in English), within 02 (two) working days of issuance of this consent letter. The issuer shall post the full prospectus, vetted by the Commission, on the issuer’s website and shall also put on the websites of the Commission, stock exchanges, and the issue manager, within 03 (three) working days from the date of issuance of this letter and shall remain posted till the closure of the subscription list. As per the vetted prospectus of Associated Oxygen Limited.
ASSOCIATED OXYGEN LIMITED
(Subscription Open: September 10, 2020, Close: September 16, 2020)
Authorized Capital Tk. 1,100,000,000
Pre-IPO paid-up Capital Tk. 800,000,000
IPO size in shares 15,000,000
IPO size in Tk. at face value Tk. 150,000,000
IPO size in Tk. at offer price Tk. 150,000,000
Post-IPO Paid-up Capital Tk. 950,000,000
Face Value per share Tk. 10.00
Offer Price per share Tk. 10.00
Market Lot (Shares) 500
Total Value Taka = 5,000
Foreign Currency required for NRB
and Foreign Applicants (per lot) USD 59.39 or GBP 45.55 or EUR 50.61
Net Asset Value (NAV) per share Tk. 17.37 as on June 30, 2019
Earnings per Share (EPS) Tk. 1.51 for the period ended on June 30, 2019
Issue Manager: BD Finance Capital Holdings Limited acted on behalf of the company’s issue manager.
Auditor: Shiraz khan Basak & Co. (Chartered Accountants)
Click below to Download Prospectus of Associated Oxygen Limited
Brief Description with Address of Associated Oxygen Limited
Associated Oxygen limited incorporated as a Private Limited Company on June 27, 1990, and subsequently converted to a Public Limited Company on April 25, 2018. Associated Oxygen Limited is a Manufacturer and Supplier Company produce and supply of industrial gases both in liquid and gaseous forms for over the last three decades. The Company’s main activities are manufacturing and supplying of industrial and medical gases, welding products, and supplementary types of equipment. In addition to Oxygen, Associated Oxygen Limited AOL installed an additional facility for compressing waste Nitrogen into commercial-grade Nitrogen and over the years upgraded all its services. Associated Oxygen Ltd. (AOL) can now supply Oxygen and Nitrogen in liquid and gaseous forms to Industries and Hospitals or Medicinal through its own sales network.
The principal products/services of Associated Oxygen Limited are:
- Manufacturing and supplying of industrial and medical gases in both liquid and gaseous form.
- Welding products and equipment
- Ancillary equipment
Associated Oxygen Limited is a leading producer and supplier of Industrial gases both in liquid and gaseous forms with well-established business relationships with their clients over the last three decades in this business. AOL currently has a capacity of 827,492 (Qubic Meter) per month of Oxygen / Nitrogen gases and 9,929,900 (Qubic Meter) per annum capacity of Dissolved Acetylene gas having manufacturing facilities at Sitakunda Chattogram of Bangladesh.
Associated Oxygen Limited Office Address
Oxygen plants are industrial systems designed to generate oxygen. They typically use air as a feedstock and separate it from other components of air using pressure swing adsorption or membrane separation techniques. Such plants are distinct from cryogenic separation plants that separate and capture all the components of air.
Associated Oxygen Limited
BCIC Sadan (1st Floor) 26 Agrabad
C/A, Chattagram, Bangladesh
Phone: +880-31-711009, +880-31-711038,
Khadimpara, Madambibirhat, Bhatiary
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