- Udyam number
- UDYAM-MH-20-0023239

About Ozone Research and Applications (India) Private Limited
Data last updated:
Ozone Research and Applications (India) Private Limited is a private limited company based in Nagpur, Maharashtra, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 15 May 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U40200MH2002PTC135883. Its GSTIN is 27AAACO5472F1ZG (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹8 Cr and a paid-up capital of ₹7.47 Cr. It was formerly known as Ozone Research and Applications Private Limited. It is led by directors Vishal Vasantrao Waindeskar and Rajesh Narendra Admane.
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 902 Abhang Khare Town Dharampeth, Nagpur, Maharashtra, India – 440010.
As per the financials filed for FY 2023, the company reported a revenue of ₹39.94 Cr, a decline of 10% compared to the previous year. For the same year it recorded a net profit of ₹2.45 Cr (net margin 6.1%) and EBITDA of ₹4.78 Cr (EBITDA margin 12%). Revenue has grown at a compounded annual rate (CAGR) of 42% over three years and 39% over five years.
The company has about 122 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
The company is associated with 1 brand: Oraipl. As per MCA filings, the company has open charges of ₹99.07 Cr and satisfied charges of ₹19.77 Cr on record. Court records list 4 cases involving the company, including 2 filed by the company and 2 filed against it; 2 cases are pending.
Ozone Research and Applications (India) Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-20-0023239). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website oraipl.com.
Company details
Recognitions & Rankings of Ozone Research and Applications (India)
Contact details
Ozone Research and Applications (India) Private Limited's registered office is in Nagpur, Maharashtra. Its website is oraipl.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address902 Abhang Khare Town Dharampeth, Nagpur, Maharashtra, India – 440010
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Ozone Research and Applications (India) 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
Brands
Ozone Research and Applications (India) operates one associated brand: ORAIPL. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Ozone generator manufacturing, ozonation systems, and green hydrogen production in India. | oraipl.com |
Financials of Ozone Research and Applications (India) Private Limited
FY 2025 filings availableOzone Research and Applications (India) Private Limited reported revenue of ₹39.94 Cr (down 10% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 10% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 39%. EBITDA fell 11% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
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| Total Revenue | ₹39.94 Cr | ||||
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| EBITDA | ₹4.78 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.45 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12% | ||||
| Net Profit Margin | 6.1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Ozone Research and Applications (India) Private Limited, buy the company report.
Board of directors of Ozone Research and Applications (India) Private Limited
Ozone Research and Applications (India) has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vishal Vasantrao Waindeskar | Director | 15 May 2002 | 24 Years 5 Months | Current |
| Rajesh Narendra Admane | Director | 15 May 2002 | 24 Years 5 Months | Current |
Auditor
Ozone Research and Applications (India) Private Limited is audited by VIJAYWARGI KHABIYA & SAOJI for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VIJAYWARGI KHABIYA & SAOJI | FY 2023 | 138618W |
Shareholding
The shareholding of Ozone Research and Applications (India) Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | 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 Research and Applications (India) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Sep 2024 | 101001806 | Others | ₹70 Lakh | Open | |
| 15 Dec 2023 | 100834011 | Others | ₹47 Cr | Open | |
| 31 Oct 2023 | 100826872 | Others | ₹22.38 Cr | Open | |
| 31 Oct 2019 | 100301271 | Others | ₹14.99 Cr | Open | |
| 25 Sep 2019 | 100301268 | Others | ₹14 Cr | Open |
To see the full charge records of Ozone Research and Applications (India) Private Limited, buy the company report.
Total charge records: 9 View all charges
Legal cases
Ozone Research and Applications (India) Private Limited has 4 court cases on record: 2 filed by Ozone Research and Applications (India), 2 filed against it. 2 cases are pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 1 |
| High courts | 2 | 0 | 1 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Nagpur, Maharashtra | Arbitration matter | Filed against the company by Ahluwalia Contracts India Ltd. | Pending |
| Bombay High Court | Court case (CAW) | Filed by the company against Ahluwalia Contracts (India) Ltd., New Delhi | Disposed |
| District court, Nagpur, Maharashtra | Court case (Civil M.A.) | Filed against the company by Ahluwalia Contracts India Ltd. | Disposed |
| Allahabad High Court | Writ petition | Filed by the company against State of Up and 5 Others | Pending |
To see the full case history of Ozone Research and Applications (India) 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.
Credit ratings & regulatory alerts
Ozone Research and Applications (India) Private Limited was last rated by Care on 10 Feb 2023.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 10 Feb 2023 |
To see the full credit ratings and regulatory alerts of Ozone Research and Applications (India) Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ozone Research and Applications (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Ozone Research and Applications (India) has 2 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Mak Power and Control Private Limited | U31909MH1988PTC050051 | |
| Fly Ash Benefactor Private Limited | U74900MH2000PTC126448 |
To see the full group structure of Ozone Research and Applications (India) Private Limited, buy the company report.
GST
Ozone Research and Applications (India) has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACO5472F1ZG | Maharashtra | Active | 01 Jul 2017 |
| 20AAACO5472F1ZU | Jharkhand | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ozone Research and Applications (India) Private Limited, buy the company report.
Recent activity
Ozone Research and Applications (India) Private Limited has 4 board changes on record since 2002: 3 appointments and 1 cessation. The latest: Abhishek Vijayvargi ceased to be Director on 26 Mar 2025.
12 earlier events are in the company report.
Frequently asked questions
Ozone Research and Applications (India) is an active private limited company based in Nagpur, Maharashtra, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 15 May 2002 (24+ years old) and is registered under CIN U40200MH2002PTC135883.
Ozone Research and Applications (India) has 2 current directors:
- Vishal Vasantrao Waindeskar - Director
- Rajesh Narendra Admane - Director
The latest financial statements of Ozone Research and Applications (India) 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 2015 are in the company report.
The GSTIN of Ozone Research and Applications (India) is 27AAACO5472F1ZG, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 20AAACO5472F1ZU (Jharkhand).
The CIN (Corporate Identification Number) of Ozone Research and Applications (India) is U40200MH2002PTC135883. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ozone Research and Applications (India) has 4 court cases on record: 2 filed by the company and 2 filed against it. 2 are pending. Most are in the district courts.
Ozone Research and Applications (India) was incorporated on 15 May 2002, making it 24+ years old. It is registered with the Registrar of Companies, Mumbai.
Abhishek Vijayvargi ceased to be Director on 26 Mar 2025. Abhishek Vijayvargi was appointed as Director on 25 Jun 2018. Rajesh Narendra Admane was appointed as Director on 15 May 2002. Ozone Research and Applications (India) has 4 board changes on record in total.
Yes, Ozone Research and Applications (India) is registered as an MSME under Udyam registration (number: UDYAM-MH-20-0023239).
Ozone Research and Applications (India) can be reached through the website oraipl.com. Its registered office is in Nagpur, Maharashtra, India.

