About Ozone Homes Private Limited
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Ozone Homes Private Limited is a private limited company based in Chennai, Tamil Nadu, India, a subsidiary of Uscan Consultants And Developers Private Limited. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 16 July 2008.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U45200TN2008PTC068589. Its GSTIN is 33AABCO3425H1ZT (Tamil Nadu). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹27 Cr and a paid-up capital of ₹27 Cr. It is led by directors Sathya Moorthy Sai Prasad and Vasudevan Sathyamoorthy.
Its last annual general meeting (AGM) was held on 27 December 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No. 63 G.N. Chetty Road T. Nagar, Chennai, Tamil Nadu, India – 600017.
As per the financials filed for FY 2024, the company reported a revenue of ₹24.99 Lakh, a decline of 97% compared to the previous year. For the same year it recorded a net loss of ₹3.2 Cr and EBITDA of -₹39.87 Lakh (EBITDA margin -159.5%). Revenue has declined at a compounded annual rate (CAGR) of 70% over three years and 61% over five years.
As per MCA filings, the company has open charges of ₹184 Cr and satisfied charges of ₹156 Cr on record. Court records list 81 cases involving the company, including 39 filed by the company and 43 filed against it; 15 cases are pending. The company has 2 deals on record (2 funding rounds), with disclosed funding of ₹26.99 Cr; the latest was in February 2011. Its 3 peer companies in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings) are compared by revenue, 3 larger; the largest is Rraam Shhyam Infraventures Private Limited with revenue of ₹25 Lakh.
The last known website on record is ozonegroup.com.
Company details
Contact details
Ozone Homes Private Limited's registered office is in Chennai, Tamil Nadu. Its website is ozonegroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo. 63 G.N. Chetty Road T. Nagar, Chennai, Tamil Nadu, India – 600017
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Ozone Homes 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 Homes Private Limited
FY 2024 filings availableOzone Homes Private Limited reported revenue of ₹24.99 Lakh (down 97% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 61% over five years, including a 97% fall in the latest year. EBITDA fell 108% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹39.87 Lakh | ||||
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| Net Profit (PAT) | -₹3.2 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | -159.5% | ||||
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To see the full financial statements and ratios of Ozone Homes Private Limited, buy the company report.
Board of directors of Ozone Homes Private Limited
Ozone Homes has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sathya Moorthy Sai Prasad Also directs: Ozone Lifestyle Projects Private Limited, Ozone Realtors Private Limited, Ozone Infra Con Private Limited and 5 more | Director | 01 Sep 2015 | 11 Years 1 Months | As last reported |
| Vasudevan Sathyamoorthy Also directs: Ozone Lifestyle Projects Private Limited, Ozone Shelters Private Limited, Ozone Leisure and Resorts Private Limited and 5 more | Director | 16 Jul 2008 | 18 Years 3 Months | As last reported |
Peer comparison
Ozone Homes Private Limited is compared with the 3 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Rraam Shhyam Infraventures Private Limited | ₹25 Lakh (FY 2025) | -26.0% | Hyderabad, Telangana, India | |||
| Galaxy Vihar Builders and Developers Private Limited | ₹25 Lakh (FY 2017) | -20.0% | Patna, Bihar, India | |||
| K.V. Promoters Private Limited | ₹24.99 Lakh (FY 2025) | -42.0% | New Delhi, Delhi, India | |||
| Ozone Homes Private Limitedthis company | ₹24.99 Lakh (FY 2024) | -₹3.2 Cr | -97.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Ozone Homes Private Limited, buy the company report.
Auditor
Ozone Homes Private Limited is audited by A R T S & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A R T S & CO | FY 2022 | 018060S |
Shareholding
The shareholding of Ozone Homes Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
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| Others |
To see the full shareholding pattern of Ozone Homes Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Jan 2017 | 100121850 | Idbi Trusteeship Services Limited | ₹184 Cr | Open | |
| 10 Sep 2015 | 10594822 | Lakshmi Vilas Bank Limited | ₹62 Cr | Satisfied | |
| 30 Jan 2014 | 10486170 | Idbi Trusteeship Services Limited | ₹42 Cr | Satisfied | |
| 27 Apr 2012 | 10358460 | Phl Finance Private Limited | ₹35 Cr | Satisfied | |
| 27 Apr 2012 | 10358461 | Piramal Enterprises Limited | ₹17 Cr | Satisfied |
To see the full charge records of Ozone Homes Private Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Ozone Homes Private Limited has 2 deals on record (2 funding rounds), with disclosed funding of ₹26.99 Cr; the latest was in February 2011.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2011 | Funding round | ₹7 Cr | Investors: Tuscan Consultants and Developers Private Limited |
| Nov 2010 | Funding round | ₹19.99 Cr | Investors: Tuscan Consultants and Developers Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Ozone Homes Private Limited has 81 court cases on record: 39 filed by Ozone Homes, 43 filed against it. 15 cases are pending and 66 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 73 | 35 | 12 |
| District courts | 3 | 3 | 2 |
| NCLT | 2 | 2 | 0 |
| Supreme Court | 3 | 3 | 1 |
Cases on record (5 of 81)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (1303-Consumer Disputes and RERA : SLPs/Writ Petitions relating to the Real Estate (Regulation and Development) Act, 2016/disputes between builders and buyers – allotment, cancellation, fixation of price of flats/plots and return of deposits) | Filed against the company by individuals | Pending |
| Supreme Court | Court case (1303-Consumer Disputes and RERA : SLPs/Writ Petitions relating to the Real Estate (Regulation and Development) Act, 2016/disputes between builders and buyers – allotment, cancellation, fixation of price of flats/plots and return of deposits) | Filed against the company by individuals | Disposed |
| Supreme Court | Court case (4701-Transfer Petitions : Transfer Petitions under Article 139A(1) of the Constitution of India) | Filed against the company by individuals | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed against the company by Ram Ratna Infrastructure Pvt Ltd | Pending |
| NCLT, Chennai | Insolvency matter | Filed against the company by Idbi Trusteeship Services Limited | Disposed |
To see the full case history of Ozone Homes 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 Homes Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ozone Homes has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AABCO3425H1ZT | Tamil Nadu | Active | 01 Jul 2017 |
| 27AABCO3425H1ZM | Maharashtra | Active | 01 Sep 2017 |
To see the full GST registrations and return filing status of Ozone Homes Private Limited, buy the company report.
Recent activity
Ozone Homes Private Limited has 4 board changes on record since 2008: 2 appointments and 2 cessations. The latest: Priya Vasudevan ceased to be Director on 01 Feb 2018.
8 earlier events are in the company report.
News
Frequently asked questions
Ozone Homes is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Ozone Homes is a company under insolvency, formerly operating as a private limited company based in Chennai, Tamil Nadu, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 16 July 2008 and is registered under CIN U45200TN2008PTC068589. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Ozone Homes has 2 current directors:
- Sathya Moorthy Sai Prasad - Director
- Vasudevan Sathyamoorthy - Director
The latest financial statements of Ozone Homes on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 27 December 2024. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Ozone Homes is U45200TN2008PTC068589. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ozone Homes has open charges of ₹184 Cr and satisfied charges of ₹156 Cr as per latest MCA filings.
Ozone Homes has 81 court cases on record: 39 filed by the company and 43 filed against it. 15 are pending. Most are in the high courts.
Ozone Homes was incorporated on 16 July 2008. It is registered with the Registrar of Companies, Chennai.
Ozone Homes has 2 deals on record (2 funding rounds), with disclosed funding of ₹26.99 Cr; the latest was in February 2011.
The peers of Ozone Homes by revenue are Rraam Shhyam Infraventures Private Limited, Galaxy Vihar Builders and Developers Private Limited, K.V. Promoters Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Priya Vasudevan ceased to be Director on 01 Feb 2018. Sathya Moorthy Sai Prasad ceased to be Additional Director on 30 Sep 2015. Sathya Moorthy Sai Prasad was appointed as Director on 01 Sep 2015. Ozone Homes has 4 board changes on record in total.