Oimex Electrode Ltd.
DDSE:OIMEX13.50
BDT
+0.40
(+3.05%)
ISIN
BD0243OEL003
Return %
Stock
S&P 500
1Y
-31.47
14.20
3Y
-36.32
81.12
5Y
-40.53
68.34
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.Company Description
- CEO
- Mohammad Nurul Huda Sabuj
- Full Time Employees
- 313
- Sector
- Producer manufacturing
- Industry
- Metal fabrication
- Address
- Dhaka Bangladesh
- IPO Date
- Nov 6, 2017
- Website
- oimexelectrodes.com
- Similar Companies
- Business
- Oimex Electrode Limited is a Bangladesh-based manufacturer and distributor of welding electrodes, industrial wires, and metal construction fasteners. Founded in 2005 and headquartered in Dhaka, Bangladesh, the company operates specialized production facilities in Pipulbaria, Daulatpur, Kushtia, supplying domestic commercial clients across the construction, shipbuilding, engineering workshop, and infrastructure sectors. The company organizes its manufacturing activities into specialized product lines comprising manual metal arc welding electrodes and specialty hard-facing electrodes sold under the brand names Hard Melt, Jessore Royal, Mega Ferro, Mega FS, Mega Marine, and Royal Speed; galvanized iron (G.I.) wires for structural reinforcement, fencing, and construction binding under the Tiger G I Wires brand; copper-coated gas metal arc welding wires; construction wire nails and industrial fasteners marketed under the Tiger Nails brand; and industrial wire drawing materials and die accessories for cable and rope production. In recent major corporate developments, Oimex Electrode underwent a strategic ownership and management transition following the acquisition of a controlling 30 percent sponsor-director stake by investment entrepreneurs associated with SS Steel Limited and JO Investments. Under this strategic leadership, the company has undertaken an operational restructuring program to revitalize factory capacity utilization in Kushtia, regularize credit facilities, obtain regulatory authorization for capital restructuring and equity issuance to directors to augment working capital, and implement strict cost-rationalization measures aimed at returning core operations to sustained profitability.