National Oxygen Limited (NOL) incorporated in December, 1974 was promoted by RajesH Kumar Saraf. Presently, the Company manufactures industrial gasses both in liquid and gaseous form at plants situated at Pondicherry and Perundurai. The plants situated at both places are performing at full rate capacity. The clients of NOL consists mainly Government workshops, Public Sector units, Space and Petrochemical units. Also serves to Steel sector, Pharmaceutical sector, Refrigeration units, Hospitals, Ship making & Repairing units other than Fabrication sector.
From 1975-80, the company was mainly trading in industrial/medical gases.
In 1980, NOL installed and commissioned its first oxygen plant with a capacity of 63 cu mtr ph, at Mathur in the Pudukottai district of Tamilnadu. In 1981, it i ...nstalled a dissolved acetylene plant at the same premises at a cost of Rs 20.45 lac with term loan assistance from SIPCOT. Again in the next year, it commissioned its second oxygen plant at the same premises at a cost of Rs 53.75 lac, with term loan assistance from SIPCOT.
An additional plant for compressing waste nitrogen into commercial grade nitrogen, was installed in 1985. During the same year, it went public to part finance its expansion to set up a 165-cu mtr ph capacity plant at Pondicherry. The expansion project commenced production from Sep.'87.
In Jul.'94, the company came out with a rights issue to set up a liquid oxygen / liquid nitrogen / liquid argon tonnage plant with a capacity of 75 tpd.
In 1995-96, its expansion project was completed.
NOL can now supply Oxygen and Nitrogen in liquid and gaseous forms to Industries and Hospitals through its own sales network. The Company has installed a Windmill with a capacity of 1.65 MW at Dhule, Maharashtra during December 2005.
1. Can I buy National Oxygen Ltd from PL Capital? ›
Yes, you can invest in National Oxygen Ltd shares directly through PL Capital. Our platform provides a seamless and secure way to buy, hold, and track National Oxygen Ltd stock along with other leading companies listed on the NSE and BSE. Simply open a Demat and trading account with PL Capital, and you’ll be able to trade National Oxygen Ltd as well as diversify your portfolio across equities, mutual funds, IPOs, and more.
2. Does National Oxygen Ltd pay dividends? ›
National Oxygen Ltd does not currently pay dividends. Investors in this case primarily benefit from capital appreciation, where the value of the stock may rise over time depending on business growth and market conditions.
3. What is the current share price of National Oxygen Ltd ? ›
As of
04-12-2025 the share price for National Oxygen Ltd. is 101.3 on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of National Oxygen Ltd ? ›
The 52-week high and low of National Oxygen Ltd share price is ₹ 94.95 - ₹ 165 as of
04-12-2025 .
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