About Ozone Lifestyle Projects Private Limited
Data last updated:
Ozone Lifestyle Projects Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the consumer and professional services segment of the travel and hospitality sector. It was incorporated on 27 February 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U45200KA2008PTC045424. Its GSTIN is 29AABCO0605M1ZF (Karnataka).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Lakh. It is led by directors Sathya Moorthy Sai Prasad and Vasudevan Sathyamoorthy.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2023, the company reported a revenue of ₹3 Cr, a decline of 57% compared to the previous year. For the same year it recorded a net loss of ₹9.2 Cr (net margin -306.7%) and EBITDA of ₹2.08 Cr (EBITDA margin 69.3%). Revenue has declined at a compounded annual rate (CAGR) of 42% over three years.
As per MCA filings, the company has open charges of ₹102.5 Cr and satisfied charges of ₹102.5 Cr on record. Court records list 22 cases involving the company, including 22 filed against it; 14 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 Lifestyle Projects 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
- IndustryTravel and Hospitality, Consumer Professional Services
To see the full contact details of Ozone Lifestyle Projects 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
Business activity
The main business activity of Ozone Lifestyle Projects is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Ozone Lifestyle Projects Private Limited, buy the company report.
Financials of Ozone Lifestyle Projects Private Limited
FY 2023 filings availableOzone Lifestyle Projects Private Limited reported revenue of ₹3 Cr (down 57% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 42% over three years, including a 57% fall in the latest year. EBITDA fell 56% 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
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| EBITDA | ₹2.08 Cr | ||||
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| Net Profit (PAT) | -₹9.2 Cr | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA Margin | 69.3% | ||||
| Net Profit Margin | -306.7% | ||||
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To see the full financial statements and ratios of Ozone Lifestyle Projects Private Limited, buy the company report.
Board of directors of Ozone Lifestyle Projects Private Limited
Ozone Lifestyle Projects 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 |
|---|---|---|---|---|
| Sathya Moorthy Sai Prasad Also directs: Ozone Realtors Private Limited, Ozone Infra Con Private Limited, Ozone Infra Developers Private Limited and 5 more | Director | 01 Sep 2015 | 11 Years 1 Months | Current |
| Vasudevan Sathyamoorthy Also directs: Ozone Shelters Private Limited, Ozone Leisure and Resorts Private Limited, Ozone Realtors Private Limited and 5 more | Director | 27 Feb 2008 | 18 Years 8 Months | Current |
Auditor
Ozone Lifestyle Projects Private Limited is audited by K R M N & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K R M N & ASSOCIATES | FY 2022 | 013727S |
Shareholding
The shareholding of Ozone Lifestyle Projects 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 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ozone Lifestyle Projects Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 May 2019 | 100268578 | Others | ₹37.5 Cr | Open | |
| 16 May 2019 | 100268574 | Others | ₹27.5 Cr | Open | |
| 30 Jun 2018 | 100207188 | Others | ₹37.5 Cr | Open | |
| 10 Jun 2019 | 100272427 | Others | ₹27.5 Cr | Satisfied | |
| 30 May 2019 | 100268582 | Others | ₹37.5 Cr | Satisfied |
To see the full charge records of Ozone Lifestyle Projects Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Ozone Lifestyle Projects Private Limited has 22 court cases on record: 22 filed against it. 14 cases are pending and 8 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 12 | 12 | 11 |
| District courts | 6 | 6 | 2 |
| Supreme Court | 4 | 4 | 1 |
Cases on record (5 of 22)
| 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 an individual | Pending |
| 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 |
| Supreme Court | Court case (1511MISC-Criminal Law : Criminal matters other than covered by the aforesaid categories(SLPs arising out of quashing applications, orders framing charge, summoning orders, interim orders in criminal matters, withdrawal of prosecution, orders for further investigation/re-investigation etc.) | Filed against the company by an individual | Disposed |
| Supreme Court | Court case (1511MISC-Criminal Law : Criminal matters other than covered by the aforesaid categories(SLPs arising out of quashing applications, orders framing charge, summoning orders, interim orders in criminal matters, withdrawal of prosecution, orders for further investigation/re-investigation etc.) | Filed against the company by an individual | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (CHAMBER SUMMONS) | Filed against the company by Axis Finance Ltd. | Pending |
To see the full case history of Ozone Lifestyle Projects 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 Lifestyle Projects Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Ozone Lifestyle Projects has 1 associated company. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
GST
Ozone Lifestyle Projects has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCO0605M1ZF | Karnataka | Active | 16 Oct 2018 |
To see the full GST registrations and return filing status of Ozone Lifestyle Projects Private Limited, buy the company report.
Recent activity
Ozone Lifestyle Projects 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.
4 earlier events are in the company report.
News
Frequently asked questions
Ozone Lifestyle Projects is an active private limited company based in Bangalore, Karnataka, India. The company works in consumer professional services, within the travel and hospitality industry. It was incorporated on 27 February 2008 (18+ years old) and is registered under CIN U45200KA2008PTC045424.
Ozone Lifestyle Projects has 2 current directors:
- Sathya Moorthy Sai Prasad - Director
- Vasudevan Sathyamoorthy - Director
The latest financial statements of Ozone Lifestyle Projects on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Ozone Lifestyle Projects is 29AABCO0605M1ZF, registered in Karnataka.
The CIN (Corporate Identification Number) of Ozone Lifestyle Projects is U45200KA2008PTC045424. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ozone Lifestyle Projects has 22 court cases on record: 22 filed against it. 14 are pending. Most are in the high courts.
Ozone Lifestyle Projects was incorporated on 27 February 2008, making it 18+ years old. It is registered with the Registrar of Companies, Bangalore.
Priya Vasudevan ceased to be Director on 01 Feb 2018. Sathya Moorthy Sai Prasad ceased to be Additional Director on 29 Sep 2015. Sathya Moorthy Sai Prasad was appointed as Director on 01 Sep 2015. Ozone Lifestyle Projects has 4 board changes on record in total.
Ozone Lifestyle Projects can be reached through the website ozonegroup.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Ozone Lifestyle Projects is at No 38, Ulsoor Road, Bangalore, Karnataka, India – 560042.