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Medical oxygen generator supplier Airox looking at IPO

Mint  

Airox Technologies Pvt Ltd, which manufactures medical-grade oxygen generation plants for hospitals and claims to have a 75% market share, is exploring plans to list on domestic bourses. The Aurangabad-based company, founded by Sanjay Jaiswal in 2011, also sells products for industrial oxygen applications. The company has revenues in the range of INR 100-200 crore, and has more than 850 oxygen plant installations across the country.