OUR BUSINESS
Our Company was incorporated on November 23, 1973 We manufacture and supply industrial gases including oxygen, carbon dioxide, acetylene, nitrogen, helium, hydrogen, argon and nitrous oxide, as well as dry ice, synthetic air, fire-fighting gases, medical oxygen, liquid petroleum gas, welding mixture and speciality gases catering to a wide range of end-use industries.
We are one of the largest manufacturers of industrial gases in East India and South India, and the market leader in the states of West Bengal, Andhra Pradesh and Telangana, each in terms of installed manufacturing capacity, as of March 31, 2024.
Our service offerings include project engineering services, where we leverage our extensive technical know-how for the design, engineering, supply, installation and commissioning of tonnage air separation units (“ASUs”) and related projects on
a turnkey basis for customers across several sectors.
We also offer turnkey solutions involving medical gas pipeline systems, where we assist healthcare facilities in designing, installing, commissioning, operation and maintenance of medical gas pipeline systems.
we supply products and medical equipment to healthcare facilities, which include anaesthesia workstation, spirometers, ventilators, sterilizers, bed-side monitors, and lung diffusion testing machines.
We are present across multiple modalities of supply, namely onsite, bulk and packaged, whereby we offer our products through a combination of supply mechanisms, including pipelines connected to our customers, cryogenic tankers and cylinders.
We have a robust distribution network, with the third highest number of transport tankers, cylinders and customer installations in India.
Our portfolio of industrial and medical gases serves critical functions across industries for public and private entities, such
as steel (Jairaj Ispat Limited, Rashtriya Ispat Nigam Limited, and a major steel manufacturing company in India, among
others); pharmaceuticals and chemicals (Dr. Reddy’s Laboratories Limited, Laurus Labs Limited, among others).
(All India Institute of Medical Sciences, West Bengal Medical Services Corporation Limited , Chittaranjan National Cancer
Institute, among others); engineering and infrastructure (a major construction company in India, a major electrical equipment
manufacturing company in India, GMM Pfaudler Limited, and Air India Engineering Services Limited, among others).
railways, aviation, aerospace and space (Jupiter Wagons Limited, multiple railway workshops across India and a space
research organisation, among others); petrochemicals (major oil marketing public sector undertakings in India).
defence (Hindustan Shipyard Limited, among others), which has enabled us to diversify our revenue streams and limit concentration
within specific industries. Further.
we supply products to the Indian armed forces, including, at the Indian Air Force bases in East, South and West India, the Eastern Naval Command bases and multiple Government-owned laboratories. We also supply products to multiple railway workshops and railways hospitals across East and South India.
we sold our products to 1,836 customers. In connection with the sale of gases, we have established long-standing relationships with customers across industries and as of March 31, 2024, our top five and 10 customers have been associated with us for an average of 10.20 years and 9.30 years, respectively.
OBJECTS OF ISSUE
1. Repayment/prepayment, in full or in part, of certain outstanding borrowings availed by our Company.
2. Setting up of an air separation unit at our Uluberia-II plant with a capacity of 220 TPD.
3. General corporate purposes.(collectively, the “Objects”)
Qualitative Factors
- Leading Manufacturer of Industrial Gases, Well Positioned to Capitalise on Industry Tailwinds.
- Comprehensive Product Portfolio, Catering to Diverse End-use Industries.
- Long-standing Customer Relationships Leading to Stable Cashflows.
- Diversified Customer Base, Minimizing Concentration Risks.
- Expansive operational and distribution capabilities across East and South India.
- Experienced Promoters and Management Team, Supported by a Committed Employee Base.
Ellenbarrie Industrial Gases Comparison of Accounting Ratios with Peer Group Companies
- Linde India Limited.
