GOVIND POY OXYGEN LIMITED was incorporated in the year 1972, promoted by oldest trading business house in Goa, founded by Shri Govind Mhalu Poy Raiturcar, in the year 1869, and gained its prominence all around Goa, as “Govind Poy”, and its trading firm’s name, M/s Govind M. Poy Raiturcar & Filhos, bearing his name.
A public limited company structure, was adopted for this new industrial venture of manufacturing industrial and medical gases, and was the first such company in that field in Goa. This is widely held public limited company with almost one third of its equity being held by public sector banks and financial institutions, and the rest with promoters and public shareholders all around Goa and India.
The foundation stone was laid by then honourable Chief Minister of Union Territory Goa Daman and Diu, Mrs. Shashikala Kakodkar with commercial production starting in the year 1977. Besides manufacturing activities, it also trades in all other Industrial Gases and gas mixtures, such as Hydrogen, Helium, Nitrous Oxide, Carbon Dioxide, etc.
