Airox Technologies Ltd. is a leader in supplying on-premise PSA oxygen generators, with 872 installed capacity in the PSA oxygen domain. Airox Technologies owned 50–55% of the PSA medical oxygen market among operating private hospitals in fiscal 2022.
Airox Technologies, which was created in 2012, has over a decade of experience producing PSA oxygen generators. AMOG-22 oxygen generators, oxygen analyzers, auto changeover systems, container-based oxygen generators, and other products are also available. It has one production unit of 3,723 square feet in Aurangabad, Maharashtra, which is equipped with modern technology and automated systems. It serves 28 Indian states and three union territories, as well as the international markets of
Bangladesh, Nepal, Bhutan, the Philippines, the African continent, and Indonesia
Airox Technologies Limited IPO Details
Airox Technologies Limited IPO is an offer for the sale of equity shares worth Rs. 750 crore. Airox Technologies IPO date and Airox Technologies IPO price have not yet been announced.
Airox Technologies Limited IPO Objective
- The offer is an offer for the sale of equities. Hence, the corporation will not receive any proceeds from the IPO.
Should you invest in Airox Technologies Limited?
Here are a few top reasons to consider before investing in the IPO:
- The company is a market leader in PSA oxygen generators, with a significant domestic and global presence.
- The Indian healthcare delivery business is predicted to increase at a CAGR of 13–15%, driving up demand for installed PSA oxygen generators. Only 4,000 of the 1,09,000 hospitals currently have on-site oxygen generation facilities.
- The demand for medical oxygen is expected to grow at a CAGR of 7-8% from 2020 to 2027.
- The company offers a diversified product portfolio, including after-sales services, allowing revenue diversification.
- From 2020 to 2027, medical oxygen consumption is predicted to expand at a CAGR of 7-8%.
Airox Technologies Ltd Company Financials
| Particulars | Year ending on March 31, 2022 (₹ million) | Year ending on March 31, 2021 (₹ million) | Year ending on March 31, 2020 (₹ million) |
|---|---|---|---|
| Revenue from Operations | 2,265.97 | 729.87 | 171.25 |
| Profit After Tax (PAT) | 900.38 | 158.73 | 7.60 |
| PAT Margin | 39.19% | 21.67% | 4.41% |
| EBITDA | 1,224.86 | 234.85 | 21.22 |
| EBITDA Margin | 54.05% | 32.18% | 12.39% |
| ROE | 83.74% | 89.63% | 46.37% |
Know us before investing
Strengths
- The company is a leading provider of PSA oxygen generators in India.
- It caters to a diversified client base that includes state governments, corporate clients like Reliance Foundation and Toyota, private hospitals, etc.
- Its modern and automated manufacturing facility is supported by a dedicated development and research team.
Risks
- It is hard to predict the future demand for its products or the impact of the post-Covid situation.
- Price fluctuations, availability, and quality of raw materials can cause a delay or increase in the cost of its products.
- Manufacturing defects in products can cause the loss of customers and revenue.
Airox Technologies Ltd. IPO FAQs :
Q1. What is Airox Technologies Limited’s IPO?
Ans. Airox Technologies Limited IPO is an offer for sale of Rs. 750 crores. We will update the Airox Technologies Limited IPO price when it is announced.
Q2. When will Airox Technologies Limited’s IPO allotment be available?
Ans. Will be updated soon.
Q3. What will be Airox Technologies Limited’s IPO lot size?
Ans. Will be updated soon.
Q4. When will Airox Technologies Limited’s IPO open for subscription?
Ans. Will be updated soon.
Q5. What minimum lot size can retail investors subscribe to?
Ans. Retail investors can apply for a minimum of one lot.
Q6. When will Airox Technologies Limited list on exchanges?
Ans. Will be updated soon.
Q7. What would be the listing gains on the Airox Technologies Limited IPO?
Ans. Listing gains cannot be ascertained before the listing of the IPO shares on the stock exchange.
Q8. I have finished the application process for the Airox Technologies Limited IPO, but the funds are not yet debited. What is the reason?
Ans. The bank will only block the amount in your account. The money will not be debited before the IPO shares are allotted.
Q9. How to approve the UPI mandate request for Airox Technologies Limited IPO?
Ans. You must complete the bidding process by logging in to your UPI handle to approve the payment mandate.
Q10. Can I submit more than one application for the public issue of Airox Technologies Limited using one PAN?
Ans. You can submit only one application using one PAN card.
Q11. What is the minimum order quantity for the Airox Technologies Limited IPO?
Ans. Will be updated soon.
