About Ozone Propex Private Limited
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Ozone Propex Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 16 November 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74210KA2004PTC035015. Its GSTIN is 29AAACO7517K1Z3 (Karnataka).
The company has an authorised share capital of ₹98 Cr and a paid-up capital of ₹93.01 Cr. It is led by directors Vasudevan Sathyamoorthy and Sathya Moorthy Sai Prasad.
Its last annual general meeting (AGM) was held on 14 December 2019, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No.38 Ulsoor Road Bangalore 560042, Karnataka, India – 560042.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.04 Lakh, a decline of 3% compared to the previous year. For the same year it recorded a net loss of ₹4.41 Lakh (net margin -424%) and EBITDA of -₹4.41 Lakh (EBITDA margin -424%). Revenue has declined at a compounded annual rate (CAGR) of 135% over three years and 14% over five years.
The company has about 2 employees on its provident fund (EPFO) records. Its group structure includes 3 subsidiaries.
As per MCA filings, the company has open charges of ₹1,922.5 Cr and satisfied charges of ₹1,210.79 Cr on record. Court records list 35 cases involving the company, including 6 filed by the company and 29 filed against it; 9 cases are pending. The company has 7 deals on record (4 funding rounds, 3 secondary share transfers), with disclosed funding of ₹144 Cr; the latest was in March 2013.
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 Propex 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 560042, Karnataka, India – 560042
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Ozone Propex 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 Propex 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 |
Financials of Ozone Propex Private Limited
FY 2025 filings availableOzone Propex Private Limited reported revenue of ₹1.04 Lakh (down 3% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 14% over five years, including a 3% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1.04 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹4.41 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹4.41 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 | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -424% | ||||
| Net Profit Margin | -424% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Ozone Propex Private Limited, buy the company report.
Board of directors of Ozone Propex Private Limited
Ozone Propex has 2 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vasudevan Sathyamoorthy Also directs: Ozone Lifestyle Projects Private Limited, Ozone Shelters Private Limited, Ozone Leisure and Resorts Private Limited and 5 more | Director | 16 Nov 2004 | 21 Years 11 Months | Current |
| Sathya Moorthy Sai Prasad Also directs: Ozone Lifestyle Projects Private Limited, Ozone Realtors Private Limited, Ozone Infra Con Private Limited and 5 more | Director | 30 Jun 2017 | 9 Years 4 Months | Current |
Auditor
Ozone Propex Private Limited is audited by V.KALAISELVI and CO LLP for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V.KALAISELVI and CO LLP | FY 2021 | 006147S |
Shareholding
The shareholding of Ozone Propex Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ozone Propex Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Aug 2019 | 100294725 | Others | ₹20 Cr | Open | |
| 27 Mar 2019 | 100268283 | Others | ₹37.5 Cr | Open | |
| 27 Mar 2019 | 100268288 | Others | ₹37.5 Cr | Open | |
| 27 Mar 2019 | 100268290 | Others | ₹27.5 Cr | Open | |
| 27 Sep 2018 | 100237586 | Others | ₹1,800 Cr | Open |
To see the full charge records of Ozone Propex Private Limited, buy the company report.
Total charge records: 12 View all charges
Deals & funding
Ozone Propex Private Limited has 7 deals on record (4 funding rounds, 3 secondary share transfers), with disclosed funding of ₹144 Cr; the latest was in March 2013.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2013 | Secondary share transfer | Undisclosed | Buyer: Tuscan Consultants and Developers Private Limited Seller: Tuscan Properties Private Limited |
| Mar 2013 | Funding round | ₹18.53 Cr | Investors: Tuscan Properties Private Limited |
| Mar 2013 | Funding round | ₹66.78 Cr | Investors: Urban Infrastructure Venture Capital |
| Mar 2011 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Tuscan Properties Private Limited |
| Jan 2007 | Secondary share transfer | Undisclosed | Buyer: Tuscan Properties Private Limited Seller: Cp Bothra Huf, 2 individuals |
To see the full deal history of Ozone Propex Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Ozone Propex Private Limited has 35 court cases on record: 6 filed by Ozone Propex, 29 filed against it. 9 cases are pending and 26 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 25 | 20 | 4 |
| District courts | 3 | 3 | 2 |
| NCLT | 3 | 2 | 0 |
| NCLAT | 3 | 3 | 3 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 35)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, Court I | Tribunal matter | Filed against the company by Urban Infrastructure Trustees Limited | Pending |
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed against the company by Urban Infrastructure Trustees Limited | Pending |
| High Court | Appeal | Filed against the company by Urban Infrastructure Trustees Limited | Disposed |
| High Court, TAMIL NADU | Arbitration matter | Filed against the company by Urban Infrastructure Trustees Limited | Disposed |
| High Court, TAMIL NADU | Original application | Filed against the company by Urban Infrastructure Trustees Limited | Disposed |
To see the full case history of Ozone Propex 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 Propex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Ozone Propex has 3 subsidiary companies and 1 associated company. This group structure data is as of FY 2021. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Ozone Shelters Private Limited | U45200KA2008PTC046913 | |
| Ozone Leisure and Resorts Private Limited | U45201KA2006PTC040692 | |
| Ozone Urbana Infra Developers Private Limited | U45209KA2006PTC038236 |
To see the full group structure of Ozone Propex Private Limited, buy the company report.
Employees & EPFO
Ozone Propex Private Limited has a workforce of 2 employees on its EPFO records as of Jul 2021, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2021-22 | 2 |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Ozone Propex Private Limited, buy the company report.
GST
Ozone Propex has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACO7517K1Z3 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ozone Propex Private Limited, buy the company report.
Recent activity
Ozone Propex Private Limited has 12 board changes on record since 2004: 2 appointments and 10 cessations. The latest: Ashvany Kumar Bansal ceased to be Nominee Director on 20 Jun 2023.
26 earlier events are in the company report.
News
Frequently asked questions
Ozone Propex 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 16 November 2004 (22+ years old) and is registered under CIN U74210KA2004PTC035015.
Ozone Propex has 2 current directors:
- Vasudevan Sathyamoorthy - Director
- Sathya Moorthy Sai Prasad - Director
The latest financial statements of Ozone Propex on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 14 December 2019. Year-wise statements from 2015 are in the company report.
The GSTIN of Ozone Propex is 29AAACO7517K1Z3, registered in Karnataka.
The CIN (Corporate Identification Number) of Ozone Propex is U74210KA2004PTC035015. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ozone Propex has 35 court cases on record: 6 filed by the company and 29 filed against it. 9 are pending. Most are in the high courts.
Ozone Propex was incorporated on 16 November 2004, making it 22+ years old. It is registered with the Registrar of Companies, Bangalore.
Ozone Propex has 7 deals on record (4 funding rounds, 3 secondary share transfers), with disclosed funding of ₹144 Cr; the latest was in March 2013.
Ashvany Kumar Bansal ceased to be Nominee Director on 20 Jun 2023. Rajeev Bhandari ceased to be Nominee Director on 20 Jun 2023. Ganapathi Joshi ceased to be Company Secretary on 28 Nov 2019. Ozone Propex has 12 board changes on record in total.
Ozone Propex can be reached through the website ozonegroup.com. Its registered office is in Bangalore, Karnataka, India.
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