Name of Company | BOC Ltd |
BSE Code | 523457 |
NSE Code | BOC |
ICICI Code | |
Established | |
My Take | Like |
Headquarters | Kolkata |
Promoters | Linde Group(Germany) |
Story | Linde Group acquired UK competitor BOC group and thereby BOC India as well. Now Linde group is the largest industrial gas group. |
Sector | Manufacturing |
Sub-sector | Industrial Gases |
Website | |
Positives | 89.5% promoter holding. Largest Indian gas major owned by the world’s largest group. Regular dividend payer – yields less than 0.5%. FY ends in December for the companies. The company has 971 Cr in reserves with 100 Cr odd debt. |
Negatives | No major shareholders other than promoters. Company planned delisting plans, buy did not materialize. |
Peers | Gujarat Fluo, Ellenbarrie, Refex Refr |
News | |
Price @ blogged | 329(26-Dec-10) |
Cost of company | 2800 Cr market cap for a FY09 NP of 53Cr. FY10 NP can be expected to be around 100 Cr. |
Dec 26, 2010
BOC Ltd - 523457
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de-listing news
ReplyDeleteResolution for delisting of Equity Shares passed by the shareholders of the Company - July 28, 2010
Public Announcement by the Acquirer - January 05, 2011
Specified Date - January 07, 2011
Bid Letters / Bid Forms expected to be dispatched to Public Shareholders - January 08, 2011
Bid Opening Date (10.00 AM) - January 24, 2011
Last date for upward revision or withdrawal of Bids - January 28, 2011
Bid Closing Date (3.00 PM) - January 31, 2011
Public Announcement of Discovered Price / Exit Price and Acquirer's acceptance / rejection of Discovered Price / Exit Price - February 04, 2011
Last date for payment of consideration for Equity Shares to be acquired in case of a successful Delisting Offer## - February 14, 2011
Last date for return to Public Shareholders of Offer Shares tendered but not acquired under the Delisting Offer - February 14, 2011