What does Asiatic Oxygen Limited do?

Asiatic Oxygen Limited manufactures and distributes industrial and medical gases including oxygen, nitrogen, argon, acetylene, and CO2. The company has been serving industrial customers in Northeast India since 1962 from its Guwahati, Assam base.

Where is Asiatic Oxygen Limited headquartered?

The company is headquartered in Guwahati, Assam — the commercial and industrial capital of Northeast India.

When was Asiatic Oxygen Limited incorporated?

The company was incorporated in 1962, making it one of the oldest companies in Assam's industrial sector. Its CIN (L24111AS1962PLC000897) confirms the year of incorporation.

Who are the customers of Asiatic Oxygen Limited?

Asiatic Oxygen primarily serves steel and metal fabrication units, hospitals and healthcare facilities, oil and gas companies in Assam (like OIL and ONGC), welding and cutting operations, and manufacturing industries across Northeast India.

Is Asiatic Oxygen Limited planning an IPO?

No IPO announcement has been made. The company has remained unlisted for over six decades and is not expected to list in the near term.

How do I buy Asiatic Oxygen Limited unlisted shares here?

Raise an enquiry on any company with the quantity you want. Our desk sources the shares and comes back with a firm price and allocation. You accept the allocation, transfer the funds to the desk's published bank account, and once we verify payment the shares are transferred into your demat.

Who am I actually transacting with?

You transact with the desk, not with an anonymous counterparty. When you buy, you buy from the desk; when you sell, you sell to the desk. Shares always route through the desk's own demat account, so there's one accountable party for the whole trade.

How do I pay, and is there a payment gateway?

Payment is by direct bank transfer to Prospire Network Private Limited's published account (CIN U82300UP2025PTC233622), shown to you in-app at the payment step. There is no card gateway and no escrow. Never pay to a personal account or to any account shared over phone, WhatsApp or email — even if the person claims to be from our team.

How long does settlement take?

After you accept an allocation, you have a short window to pay (typically 2 days). Once payment is verified, shares are usually credited to your demat within 2–3 business days, subject to depository timelines and any company-level restrictions. Timeframes are typical, not guaranteed.

There are no separate platform fee lines and no GST on the transfer — the desk's margin is built into the buy/sell price you're quoted. The only statutory add-on on a purchase is stamp duty on the consideration, shown transparently in your cost breakdown.

Is there a minimum ticket size for Asiatic Oxygen Limited?

Minimums vary by company and depend on the lot the desk can source. Raise an enquiry and the desk will confirm the available quantity and the minimum for that name.

What KYC do I need, and do I need a demat account?

You'll share your demat details when you enquire so we can settle directly. Full KYC — PAN and a client-master / demat statement — is required before the transfer step, when shares actually change hands. Yes, you need an active demat account to hold unlisted shares.

Are there lock-ins on unlisted or pre-IPO shares?

Some shares carry statutory or company-imposed lock-ins — for example, a post-listing lock-in on pre-IPO stock — and transfers can be subject to the company's articles or approvals. Where a lock-in applies, we'll flag it before you commit.

How do I sell Asiatic Oxygen Limited shares I already hold?

Raise a sell enquiry with the company, quantity and your target price. The desk confirms a buying price, you transfer your shares into the desk's demat, and once the credit is verified we pay you out by bank transfer to your registered account. The desk never pays out before your shares are received.

Unlisted shares are illiquid, may be hard or impossible to sell, and are not covered by exchange settlement guarantees or investor-protection funds. Pricing is indicative, not live. Read the full Risk Disclosure before you enquire, and invest only what you can afford to lock away.

Asiatic Oxygen Limited Unlisted Share Price | Buy Asiatic Oxygen Limited Pre-IPO Shares — wisefolio

Investment Thesis

Asiatic Oxygen Limited is a 60-year-old industrial gases company with a strong regional franchise in Northeast India. Its geographic moat, essential product portfolio, and long industrial history make it a stable, if slowly growing, business. The unlisted nature, small revenue scale, and geographic concentration are key investor considerations. The company's resilience over six decades speaks to its operational durability in a challenging northeastern geography.

Pros

One of Northeast India's oldest and most established industrial gas suppliers with 60+ years of operating history
Dominant regional player in Assam and Northeast India where large national players have limited presence
Industrial gases are essential inputs for healthcare, steel, welding, manufacturing, and petrochemicals — ensuring steady demand
Guwahati's strategic location as the gateway to Northeast India provides logistical advantages
Northeast India's infrastructure development push (roads, bridges, smart cities) supports industrial gas demand growth

Cons

Small scale with revenues in the INR 1–100 crore range limits ability to invest in new capacity
Geographic concentration in Northeast India limits growth opportunities beyond the region
Competition from national industrial gas leaders like INOX Air Products, Linde India, and Air Liquide in expanding markets
Industrial gases require significant capital investment in plants, cylinders, and distribution infrastructure
Limited public financial disclosures as an unlisted company

Business Segments

Medical & Industrial Oxygen

Production and supply of high-purity oxygen for industrial processes and medical applications including hospitals and healthcare facilities

Nitrogen & Argon

Production of industrial nitrogen and argon for metallurgical, chemical, and manufacturing applications

Dissolved Acetylene & CO2

Production and distribution of dissolved acetylene for welding and cutting, and CO2 for food and beverage applications

Revenue Model

Asiatic Oxygen Limited generates revenue through the sale of industrial gases in cylinders and bulk form to industrial, healthcare, and commercial customers in Northeast India. Revenue is driven by gas volumes sold, cylinder rental income, and ancillary equipment and service fees. Long-term supply contracts with large industrial customers provide revenue visibility.

Detailed Analysis

Growth outlookExpansion plans, industry tailwinds & headwinds11

Growth Plans

Northeast India's accelerating industrial and infrastructure development

Growing healthcare and hospital sector in Assam and Northeastern states

Oil and gas sector activity by OIL and ONGC in Assam supporting industrial gas demand

India's focus on developing Northeast as an 'Act East' corridor

Industry Tailwinds

Recent Developments

Northeast India infrastructure push

The Indian government's focus on infrastructure development in Northeast India through the PM-DevINE scheme and Vibrant Northeast initiative is driving industrial activity and gas demand in the region.

2024-01

Medical oxygen demand in Northeast India

Post-COVID awareness of medical oxygen infrastructure has led to increased healthcare investments in Assam and Northeast India, supporting demand for medical-grade oxygen from regional suppliers.

2023-09

Comparable Companies

CompanyTypeTickerMkt Cap

Linde IndiaListedLINDEINDIA~50,000 Cr

INOX Air Products (now part of Air Products)ListedUnlisted (merged)—

Goyal MG Gases (Unlisted)ListedUnlisted—

Linde IndiaListed

LINDEINDIA · ~50,000 Cr

Frequently Asked Questions

About Asiatic Oxygen Limited

Asiatic Oxygen Limited is a Guwahati-based industrial gases company incorporated in 1962, making it one of the oldest industrial gas producers in Northeast India. The company manufactures and supplies industrial gases including oxygen, nitrogen, acetylene, and argon to a diverse customer base spanning healthcare (medical oxygen), steel and metal fabrication, construction, mining, and chemical industries. Industrial gases are critical inputs for a wide range of manufacturing and healthcare processes, creating stable demand from industrial customers. Asiatic Oxygen's strategic presence in Northeast India gives it a natural geographic advantage, as transportation costs for industrial gases (which are heavy and difficult to transport over long distances) provide local producers with inherent protection against competition from distant suppliers. The Northeast Indian market has witnessed growing demand for industrial gases driven by infrastructure development, mining activities in the region, and expansion of healthcare infrastructure. Asiatic Oxygen is listed on BSE, providing investors with exposure to the industrial gases segment in Northeast India. The company has over six decades of operating history, demonstrating resilience and adaptability across multiple economic cycles.

Key Milestones

Incorporated in 1962 in Assam as Asiatic Oxygen Limited (CIN: L24111AS1962PLC000897)

Established as one of the first industrial gas manufacturers in Northeast India

Common questions about unlisted shares

How do I buy Asiatic Oxygen Limited unlisted shares here?
Raise an enquiry on any company with the quantity you want. Our desk sources the shares and comes back with a firm price and allocation. You accept the allocation, transfer the funds to the desk's published bank account, and once we verify payment the shares are transferred into your demat.
Who am I actually transacting with?
You transact with the desk, not with an anonymous counterparty. When you buy, you buy from the desk; when you sell, you sell to the desk. Shares always route through the desk's own demat account, so there's one accountable party for the whole trade.
How do I pay, and is there a payment gateway?

Asiatic Oxygen Limited

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