National Oxygen Limited

 

Contact Details:

Registered Office

Factory

National Oxygen Limited

"SYEDA COURT",

28 Agrabad, C/A, Chittagong

01711- 785405

15, Nasirabad Industrial Area

Chittagong

 

 

At a Glance:

Date of Incorporation

Incorporated on the 3rd August 1985 and converted into Public Limited Company on the 26th July, 1987

IPO Offering Year    

Issued public portion of shares in 1995

Date of Listing in CSE

21st October, 1995

Nature of Business

The principal activities of the company are to manufacture Oxygen, Gas, Acetylene Gas and Liquid Nitrogen.

Accounting Year

Financial year ended 3oth June 1995

Date of Last AGM

The last AGM was held on 29th June’96

Date of Delisting by CSE

The company has been delisted by

Chittagong Stock Exchange Limited with the effect from 5th November 2002 for the following reasons:

  • Factory shut down from 1998 for indefinite period
  • It has been taken over by BSB in order to recover their dues
  • AGMs pending from 1996
  • Non-payment of listing fees from 1998

 

Market Information:

Market Lot

50

Face Value

Tk 100

Close Price at the time of Delisting

73.00

 

Board of Directors:

Mr. Nausher Ali Khan 

Chairman

Mr. Mohammed Ali Khan

Managing Director

Mr. Zulfiquar Ali khan

Director

Mr. Itekhar Ali Khan   

Director

Mr. Naseem Ali Khan

Director

Mr. Bakhtyar Khan     

Director

Mrs. Majeda Begum

Director

Mrs. Parveen Fatima   

Director

Mr. Azizur Rahman

Director

Mr. Amirul Alam

Director

Mr. Mofizul Hauqe

Director

 

 

Key Financial and Operating Indicators:    

Particulars

1994-95

1993-94

Authorized Capital 6,00,000 shares @ tk 100 each

60,000,000

60,000,000

Paid-up-Capital 1,40,000 shares @ tk 100 each

14,000,000

14,000,000

Net Worth

83,860,461

61,572,671

Working Capital

(10,685,959)

(9,170,422)

Debt to Equity (times)

0.86

1.06

NAV per Share

599.00

439.80

Turnover

13,891,381

19,176,097

Operating Profit/ (Loss)

944,460

1,148,574

Net Profit/ (Loss) after Tax

(15,947,509)

(11,690,571)

Earning per Share

(113.91)

(83.50)

Dividend

Nil

Nil

Net operating Cash Flow per share

(115.74)

(85.81)

                                                           

Share Holding Composition:

Particulars

No. of Shares hold

%

Sponsors

70,000

50.00

General Public

25,845

18.46

SABINCO

15,768

11.26

ICB

22,080

15.77

BSB

1,500

1.07

Sonali Bank

1,305

0.93

Agrani Bank

1,986

1.42

BSRS

884

0.63

National Bank

632

0.45

 

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Source: Annual Report for the year ended 3oth June 1995