About Ozone Air Solution Limited
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Ozone Air Solution Limited is a public limited company based in Ahmedabad, Gujarat, India, recognised as a startup by DPIIT. It operates in the industrial compressors and pneumatic systems segment of the machinery and industrial equipment sector. It was incorporated on 10 May 2022.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29100GJ2022PLC131832. Its GSTIN is 24AADCO7799N1ZK (Gujarat).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹15 Lakh. It is led by directors including Sandipkumar Shantilal Vaghasiya (Whole-Time Director) and Kiranben Sandipkumar Vaghasiya (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 69/P Bhagavati Nagar Estate Nikol, Ahmedabad, Gujarat, India – 382350.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.9 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹4.26 Lakh (net margin 1.1%) and EBITDA of ₹7.88 Lakh (EBITDA margin 2%).
The company is associated with 1 brand: Ozone Air Solution. As per MCA filings, the company has open charges of ₹1.2 Cr on record.
For more details, the company can be reached via its website ozoneairsolution.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address69/P Bhagavati Nagar Estate Nikol, Ahmedabad, Gujarat, India – 382350
- IndustryMachinery and Equipment, Industrial Compressors & Pneumatic Systems
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Business Activity of Ozone Air Solution Limited
The main business activity of Ozone Air Solution is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Ozone Air Solution Limited FY 2025 filings available
Ozone Air Solution Limited reported revenue of ₹3.9 Cr (up 168% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Ozone Air Solution Limited
Revenue rose 168% in the latest year. EBITDA rose 433% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Ozone Air Solution Limited
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | •••• | •••• |
| Other Income | •••• | •••• |
| Total Revenue | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• |
| Employee Benefit Expense | •••• | •••• |
| Finance Costs | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• |
| Other Expenses | •••• | •••• |
| Total Expenses | •••• | •••• |
| EBITDA | ₹7.88 Lakh | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | ₹4.26 Lakh | •••• |
| Balance Sheet | ||
| Share Capital | •••• | •••• |
| Reserves and Surplus | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• |
| Long-term Borrowings | •••• | •••• |
| Short-term Borrowings | •••• | •••• |
| Trade Payables | •••• | •••• |
| Total Liabilities | •••• | •••• |
| Fixed Assets | •••• | •••• |
| Investments | •••• | •••• |
| Inventories | •••• | •••• |
| Trade Receivables | •••• | •••• |
| Cash and Bank Balance | •••• | •••• |
| Total Assets | •••• | •••• |
Financial Ratios of Ozone Air Solution Limited
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 2% | •••• |
| Net Profit Margin | 1.1% | •••• |
| Return on Equity (ROE) | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• |
| Liquidity and Debt | ||
| Current Ratio | •••• | •••• |
| Quick Ratio | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• |
| Efficiency and Growth | ||
| Asset Turnover | •••• | •••• |
| Receivable Days | •••• | •••• |
| Payable Days | •••• | •••• |
| Inventory Days | •••• | •••• |
| Revenue Growth | •••• | •••• |
| Net Profit Growth | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Ozone Air Solution are in the company report.
Financial statements from FY 2023
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Ozone Air Solution Limited
Ozone Air Solution Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Compressors). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Moosa Haji Patrawala Pvt Ltd | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Freeze-Tech Equipments Private Limited | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| Raha Cooling Private Limited | •••• | •••• | •••• | •••• | - | Kottarakkara, Kerala, India |
| Adcs Technologies Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Industrial Compressors and Cryopumps Private Limited | •••• | •••• | •••• | •••• | - | Faridabad, Haryana, India |
| Ozone Air Solution Limited this company | •••• | •••• | •••• | •••• | - | Ahmedabad, Gujarat, India |
| Jyoti Cooling Towers Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Apex Aircare Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Ab3s Solutions Private Limited | •••• | •••• | •••• | •••• | - | Noida, Uttar Pradesh, India |
| Krishna Refrigeration and Infrastructure Private Limited | •••• | •••• | •••• | •••• | - | Lucknow, Uttar Pradesh, India |
| Green Airtech India Private Limited | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Ozone Air Solution by revenue in the Machinery and Equipment industry (Compressors), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Ozone Air Solution Limited
Ozone Air Solution Limited is audited by Krupal Bhuva & Co. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Krupal Bhuva & Co. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Ozone Air Solution Limited
Ozone Air Solution has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sandipkumar Shantilal Vaghasiya | Whole-Time Director | 10 May 2022 | 4 Years 4 Months | Current |
| Kiranben Sandipkumar Vaghasiya | Whole-Time Director | 10 May 2022 | 4 Years 4 Months | Current |
| Daxaben Jagdishkumar Vaghasiya Also directs: Aariya Hygiene LLP, Nirvanamdr Infra LLP | Whole-Time Director | 10 May 2022 | 4 Years 4 Months | Current |
Ownership and Shareholding of Ozone Air Solution Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Ozone Air Solution Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Jul 2023 | Hdfc Bank Limited | ₹1.2 Cr | Open |
Total charge records: 1 View all charges
Associated Brands with Ozone Air Solution Limited
Ozone Air Solution operates one associated brand: Ozone Air Solution. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing and supplying industrial chillers and related services in India. | ozoneairsolution.com |
Employees and EPFO Compliance at Ozone Air Solution Limited
Ozone Air Solution Limited has a workforce of 0 employees as of Apr 03, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Ozone Air Solution Limited
Ozone Air Solution Limited has 3 board changes on record since 2022: 3 appointments. The latest: Daxaben Jagdishkumar Vaghasiya was appointed as Whole-Time Director on 10 May 2022.
Credit Ratings, Litigation & Regulatory Alerts for Ozone Air Solution Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Ozone Air Solution Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Ozone Air Solution Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Ozone Air Solution Limited
Ozone Air Solution has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCO7799N1ZK | Gujarat | Active | 15 Jun 2022 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Ozone Air Solution Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Ozone Air Solution Limited
Ozone Air Solution is an active public limited company based in Ahmedabad, Gujarat, India. The company works in industrial compressors and pneumatic systems, within the machinery and equipment industry. It was incorporated on 10 May 2022 (4+ years old) and is registered under CIN U29100GJ2022PLC131832.
Ozone Air Solution reported revenue of ₹3.9 Cr for FY 2024 (up 168% YoY).
Ozone Air Solution has 3 current directors:
- Sandipkumar Shantilal Vaghasiya - Whole-Time Director
- Kiranben Sandipkumar Vaghasiya - Whole-Time Director
- Daxaben Jagdishkumar Vaghasiya - Whole-Time Director
Ozone Air Solution reported a net profit of ₹4.26 Lakh (net margin 1.1%) and EBITDA of ₹7.88 Lakh (EBITDA margin 2%) for FY 2024, as per its filed financial statements.
The GSTIN of Ozone Air Solution is 24AADCO7799N1ZK, registered in Gujarat.
The CIN (Corporate Identification Number) of Ozone Air Solution is U29100GJ2022PLC131832. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ozone Air Solution was incorporated on 10 May 2022, making it 4+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Ozone Air Solution by revenue are Moosa Haji Patrawala Pvt Ltd, Freeze-Tech Equipments Private Limited, Raha Cooling Private Limited, Adcs Technologies Private Limited, Industrial Compressors and Cryopumps Private Limited and 5 more, all in the Machinery and Equipment industry (Compressors).
Daxaben Jagdishkumar Vaghasiya was appointed as Whole-Time Director on 10 May 2022. Kiranben Sandipkumar Vaghasiya was appointed as Whole-Time Director on 10 May 2022. Sandipkumar Shantilal Vaghasiya was appointed as Whole-Time Director on 10 May 2022.
Yes, Ozone Air Solution is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Ozone Air Solution can be reached through the website ozoneairsolution.com. Its registered office is in Ahmedabad, Gujarat, India.