About Ozone Elegant Developers Private Limited
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Ozone Elegant Developers Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Ozone Realtors Private Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 18 January 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U45203KA2021PTC143235. Its GSTIN is 29AADCO3705C1ZR (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Medipalli Sreehari and Vaithialingam Mahalingam.
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 Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.2 Lakh, a decline of 99% compared to the previous year. For the same year it recorded a net loss of ₹42.05 Lakh and EBITDA of ₹2.95 Cr. Revenue has declined at a compounded annual rate (CAGR) of 61% over three years.
As per MCA filings, the company has open charges of ₹402.77 Cr on record. Court records list 13 cases involving the company, including 5 filed by the company and 8 filed against it; 6 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ozonegroup.com.
Company details
Contact details
Ozone Elegant Developers Private Limited's registered office is in Bangalore, Karnataka. Its website is ozonegroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo. 38, Ulsoor Road, Bangalore, Karnataka, India – 560042
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Ozone Elegant Developers Private Limited, buy the company report.
- 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
Financials of Ozone Elegant Developers Private Limited
FY 2025 filings availableOzone Elegant Developers Private Limited reported revenue of ₹2.2 Lakh (down 99% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 61% over three years, including a 99% fall in the latest year. EBITDA rose 80% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹2.95 Cr | ||||
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| Net Profit (PAT) | -₹42.05 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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To see the full financial statements and ratios of Ozone Elegant Developers Private Limited, buy the company report.
Board of directors of Ozone Elegant Developers Private Limited
Ozone Elegant Developers has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Medipalli Sreehari | Director | 21 Jan 2021 | 5 Years 9 Months | Current |
| Vaithialingam Mahalingam Also directs: Ozone Shelters Private Limited, Ozone Leisure and Resorts Private Limited, Tuscan Residences Private Limited and 5 more | Director | 31 Oct 2023 | 3 Years 0 Months | Current |
Peer comparison
Ozone Elegant Developers Private Limited is compared with the 10 companies closest to it by revenue in the Real Estate industry (Builders and Developers), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ozone Elegant Developers Private Limitedthis company | ₹2.2 Lakh (FY 2025) | -₹42.05 Lakh | -99.0% | Bangalore, Karnataka, India | ||
| Rashail Infra Private Limited | ₹2.2 Lakh (FY 2025) | New Delhi, Delhi, India | ||||
| Nidaahil Properties Private Limited | ₹2.2 Lakh (FY 2022) | Hyderabad, Telangana, India | ||||
| Ranveer Hanuman Infrabuild Private Limited | ₹2.2 Lakh (FY 2022) | 511.0% | Indore, Madhya Pradesh, India | |||
| Anurag Infraestate Private Limited | ₹2.2 Lakh (FY 2025) | -65.0% | Lucknow, Uttar Pradesh, India | |||
| Ac Infra Developers Private Limited | ₹2.2 Lakh (FY 2024) | 1.0% | Coimbatore, Tamil Nadu, India | |||
| Elyssian Engineers Private Limited | ₹2.2 Lakh (FY 2024) | -86.0% | Gurgaon, Haryana, India | |||
| Wisdom Holdings Private Limited | ₹2.2 Lakh (FY 2025) | -78.0% | Mumbai, Maharashtra, India | |||
| Vijlak Infraventures Private Limited | ₹2.2 Lakh (FY 2025) | 7.0% | Eluru, Andhra Pradesh, India | |||
| Acrogenix Powers Private Limited | ₹2.19 Lakh (FY 2023) | 112.0% | Bhubaneswar, Odisha, India | |||
| Genuine Homemakers Private Limited | ₹2.19 Lakh (FY 2025) | -90.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Ozone Elegant Developers Private Limited, buy the company report.
Auditor
Ozone Elegant Developers Private Limited is audited by ARTS & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ARTS & CO. | FY 2023 | 018060S |
Shareholding
The shareholding of Ozone Elegant Developers Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Ozone Elegant Developers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Feb 2022 | 100540791 | Others | ₹32.77 Cr | Open | |
| 18 Feb 2022 | 100602670 | Others | ₹185 Cr | Open | |
| 14 Feb 2022 | 100563825 | Others | ₹185 Cr | Open |
To see the full charge records of Ozone Elegant Developers Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Ozone Elegant Developers Private Limited has 13 court cases on record: 5 filed by Ozone Elegant Developers, 8 filed against it. 6 cases are pending and 7 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 5 | 3 |
| High courts | 6 | 3 | 3 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Court case (Com.A.A.) | Filed against the company by Catalyst Trusteeship Limited | Disposed |
| District court, BENGALURU RURAL, Karnataka | Civil suit | Filed against the company by M/S Gears and Pinions Pvt Ltd Rept. by Mahesh Gowda C S | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against an individual | Pending |
| High Court | Interim or miscellaneous application | Filed against the company by an individual | Pending |
| High Court of Karnataka | Writ petition | Filed by the company against The Deputy Commissioner /Assistant Commissioner of Income Tax | Pending |
To see the full case history of Ozone Elegant Developers Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ozone Elegant Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ozone Elegant Developers Private Limited has 1 active EPFO establishment as of Nov 12, 2026.
GST
Ozone Elegant Developers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCO3705C1ZR | Karnataka | Active | 18 Jan 2021 |
To see the full GST registrations and return filing status of Ozone Elegant Developers Private Limited, buy the company report.
Recent activity
Ozone Elegant Developers Private Limited has 6 board changes on record since 2021: 4 appointments and 2 cessations. The latest: Durbhakula Vamsi Sai ceased to be Director on 31 Oct 2023.
2 earlier events are in the company report.
News
Frequently asked questions
Ozone Elegant Developers is an active private limited company based in Bangalore, Karnataka, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 18 January 2021 (5+ years old) and is registered under CIN U45203KA2021PTC143235.
Ozone Elegant Developers has 2 current directors:
- Medipalli Sreehari - Director
- Vaithialingam Mahalingam - Director
The latest financial statements of Ozone Elegant Developers on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Ozone Elegant Developers is 29AADCO3705C1ZR, registered in Karnataka.
The CIN (Corporate Identification Number) of Ozone Elegant Developers is U45203KA2021PTC143235. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ozone Elegant Developers has 13 court cases on record: 5 filed by the company and 8 filed against it. 6 are pending. Most are in the district courts.
Ozone Elegant Developers was incorporated on 18 January 2021, making it 5+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Ozone Elegant Developers by revenue are Rashail Infra Private Limited, Nidaahil Properties Private Limited, Ranveer Hanuman Infrabuild Private Limited, Anurag Infraestate Private Limited, Ac Infra Developers Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Durbhakula Vamsi Sai ceased to be Director on 31 Oct 2023. Vaithialingam Mahalingam was appointed as Director on 31 Oct 2023. Medipalli Sreehari was appointed as Director on 21 Jan 2021. Ozone Elegant Developers has 6 board changes on record in total.
Ozone Elegant Developers can be reached through the website ozonegroup.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Ozone Elegant Developers is at No. 38, Ulsoor Road, Bangalore, Karnataka, India – 560042.
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