About Ozone PB Spintex Limited
Data last updated:
Ozone PB Spintex Limited is a public limited company based in Ahmedabad, Gujarat, India, a subsidiary of Sky Spintex Private Limited. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 19 December 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17200GJ2012PLC073036. Its GSTIN is 24AABCO7826J1ZA (Gujarat).
The company has an authorised share capital of ₹30 Cr and a paid-up capital of ₹28.7 Cr. It is led by directors including Harshil Patel Suresh (Managing Director) and Karishma Harshil Patel.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 1. Ozone Industrial Park B/H Kerala GIDC Bavla Bagodara Highway, Ahmedabad, Gujarat, India – 382220.
As per the financials filed for FY 2023, the company reported a revenue of ₹60.89 Cr, a decline of 66% compared to the previous year. For the same year it recorded a net loss of ₹9.49 Cr (net margin -15.6%) and EBITDA of -₹5.46 Cr (EBITDA margin -9%). Revenue has declined at a compounded annual rate (CAGR) of 7% over three years and 18% over five years.
The company has about 13 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹346.5 Cr and satisfied charges of ₹148.01 Cr on record. The company has 7 deals on record (5 secondary share transfers, 2 funding rounds), with disclosed funding of ₹28.65 Cr; the latest was in March 2024.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ozonepbspintex.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address1. Ozone Industrial Park B/H Kerala GIDC Bavla Bagodara Highway, Ahmedabad, Gujarat, India – 382220
- IndustryManufacturing, Textile & Fabric Production
- 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
Financials of Ozone PB Spintex Limited FY 2024 filings available
Ozone PB Spintex Limited reported revenue of ₹60.89 Cr (down 66% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Ozone PB Spintex Limited
Revenue has declined at a compounded annual rate (CAGR) of 18% over five years, including a 66% fall 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 of Ozone PB Spintex Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹60.89 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹5.46 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹9.49 Cr | •••• | •••• | •••• | •••• |
| 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 PB Spintex Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -15.6% | •••• | •••• | •••• | •••• |
| 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 PB Spintex are in the company report.
Financial statements from 2015
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.
Auditor Details of Ozone PB Spintex Limited
Ozone PB Spintex Limited is audited by H. B. Kalaria And Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| H. B. Kalaria And Associates | 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 PB Spintex Limited
Ozone PB Spintex has 3 current directors and 22 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Karishma Harshil Patel Also directs: Fine Taste Foods Private Limited | Director | 16 Dec 2021 | 4 Years 9 Months | Current |
| Sureshkumar Gangdasbhai Kachadia Also directs: Fine Taste Foods Private Limited, Super Spintex Private Limited | Director | 16 Dec 2021 | 4 Years 9 Months | Current |
| Harshil Patel Suresh Also directs: Fine Taste Foods Private Limited | Managing Director | 16 Dec 2021 | 4 Years 9 Months | Current |
Ownership and Shareholding of Ozone PB Spintex 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 PB Spintex Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Mar 2024 | Hdfc Bank Limited | ₹130.54 Cr | Open |
| 28 Mar 2023 | Hdfc Bank Limited | ₹61.1 Cr | Open |
| 01 Mar 2023 | Hdfc Bank Limited | ₹61.1 Cr | Open |
| 20 Feb 2023 | Hdfc Bank Limited | ₹22 Cr | Open |
| 28 Mar 2022 | Others | ₹35.63 Cr | Open |
Total charge records: 9 View all charges
Deals & Funding of Ozone PB Spintex Limited
Ozone PB Spintex Limited has 7 deals on record (5 secondary share transfers, 2 funding rounds), with disclosed funding of ₹28.65 Cr; the latest was in March 2024.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: Sky Spintex Private Limited , 3 individuals |
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: Sky Spintex Private Limited , an individual Seller: 4 individuals |
| Jan 2015 | Funding round | ₹3.7 Cr | Investors: Ozone International Limited , 3 individuals |
| Mar 2013 | Funding round | ₹24.95 Cr | Investors: Ozone International Limited , 3 individuals |
Full deal history
All 7 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Employees and EPFO Compliance at Ozone PB Spintex Limited
Ozone PB Spintex Limited has a workforce of 13 employees as of Mar 30, 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 PB Spintex Limited
Ozone PB Spintex Limited has 21 board changes on record since 2017: 3 appointments and 18 cessations. The latest: Yogeshkumar Popatlal Patel ceased to be Director on 13 Jan 2022.
26 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Ozone PB Spintex 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 PB Spintex 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 PB Spintex 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 PB Spintex Limited
Ozone PB Spintex has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCO7826J1ZA | Gujarat | Active | 01 Jul 2017 |
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 PB Spintex 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 PB Spintex Limited
Ozone PB Spintex is an active public limited company based in Ahmedabad, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 19 December 2012 (14+ years old) and is registered under CIN U17200GJ2012PLC073036.
Ozone PB Spintex reported revenue of ₹60.89 Cr for FY 2023 (down 66% YoY).
Ozone PB Spintex has 3 current directors:
- Harshil Patel Suresh - Managing Director
- Karishma Harshil Patel - Director
- Sureshkumar Gangdasbhai Kachadia - Director
Ozone PB Spintex reported a net loss of ₹9.49 Cr (net margin -15.6%) and EBITDA of -₹5.46 Cr (EBITDA margin -9%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ozone PB Spintex is -7% over three years and -18% over five years. In the latest year (FY 2023) revenue fell 66%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Ozone PB Spintex is 24AABCO7826J1ZA, registered in Gujarat.
The CIN (Corporate Identification Number) of Ozone PB Spintex is U17200GJ2012PLC073036. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ozone PB Spintex was incorporated on 19 December 2012, making it 14+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Ozone PB Spintex has 7 deals on record (5 secondary share transfers, 2 funding rounds), with disclosed funding of ₹28.65 Cr; the latest was in March 2024.
Yogeshkumar Popatlal Patel ceased to be Director on 13 Jan 2022. Harshil Patel Suresh ceased to be Additional Director on 29 Dec 2021. Karishma Harshil Patel ceased to be Additional Director on 29 Dec 2021. Ozone PB Spintex has 21 board changes on record in total.