About Ozone Urbana Infra Developers Private Limited
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Ozone Urbana Infra Developers Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Ozone Propex 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 13 January 2006.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U45209KA2006PTC038236. Its GSTIN is 29AAECM5394G1Z3 (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10.6 Cr and a paid-up capital of ₹9.18 Cr. It was formerly known as Ozone Urbana Land Development Private Limited and Mfar Infrastructure Development Private Limited. It is led by directors Vasudevan Sathyamoorthy and Sathya Moorthy Sai Prasad.
Its last annual general meeting (AGM) was held on 12 December 2019, and its latest financial statements are for the year ended 31 March 2022. The registered office is at No.38 Ulsoor Road, Bangalore, Karnataka, India – 560042.
As per the financials filed for FY 2022, the company reported a revenue of ₹44.39 Cr, a growth of 142% compared to the previous year. For the same year it recorded a net loss of ₹20.59 Cr (net margin -46.4%) and EBITDA of ₹202.43 Cr (EBITDA margin 456.1%). Revenue has declined at a compounded annual rate (CAGR) of 24% over three years and 25% over five years.
The company has about 91 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹2,425 Cr and satisfied charges of ₹4,601.88 Cr on record. Court records list 470 cases involving the company, including 104 filed by the company and 366 filed against it; 205 cases are pending. The company has 7 deals on record (3 secondary share transfers, 2 funding rounds, 2 rights issues), with disclosed funding of ₹224 Cr; the latest was in September 2016. The company has 7 MSME Form 1 returns on record between 2021 and 2024, listing 46 overdue payments to 8 micro and small suppliers.
The last known website on record is ozonegroup.com.
Company details
Name history
Ozone Urbana Infra Developers has undergone 2 name changes throughout its history. The company was previously known as Ozone Urbana Land Development Private Limited, and Mfar Infrastructure Development Private Limited. The current legal name is Ozone Urbana Infra Developers Private Limited.
| Company Name | Status |
|---|---|
| Ozone Urbana Infra Developers Private Limited | Current |
| Ozone Urbana Land Development Private Limited | Previous |
| Mfar Infrastructure Development Private Limited | Previous |
Contact details
Ozone Urbana Infra Developers 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
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Ozone Urbana Infra Developers 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 Urbana Infra Developers Private Limited
FY 2022 filings availableOzone Urbana Infra Developers Private Limited reported revenue of ₹44.39 Cr (up 142% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue rose 142% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 25%. 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹44.39 Cr | ||||
| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹202.43 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹20.59 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 456.1% | ||||
| Net Profit Margin | -46.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Ozone Urbana Infra Developers Private Limited, buy the company report.
Board of directors of Ozone Urbana Infra Developers Private Limited
Ozone Urbana Infra Developers has 2 current directors and 19 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 | 22 Mar 2007 | 19 Years 7 Months | As last reported |
| Sathya Moorthy Sai Prasad Also directs: Ozone Lifestyle Projects Private Limited, Ozone Realtors Private Limited, Ozone Infra Con Private Limited and 5 more | Director | 25 Oct 2021 | 5 Years 0 Months | As last reported |
Auditor
Ozone Urbana Infra Developers Private Limited is audited by Pani & Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Pani & Associates | FY 2022 | 05025S |
Shareholding
The shareholding of Ozone Urbana Infra Developers 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 Urbana Infra Developers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Dec 2021 | 100517120 | Others | ₹65 Cr | Open | |
| 08 Aug 2019 | 100288686 | Others | ₹20 Cr | Open | |
| 08 Aug 2019 | 100288689 | Others | ₹150 Cr | Open | |
| 21 Sep 2018 | 100215340 | Others | ₹1,800 Cr | Open | |
| 26 Jun 2017 | 100154991 | Others | ₹360 Cr | Open |
To see the full charge records of Ozone Urbana Infra Developers Private Limited, buy the company report.
Total charge records: 37 View all charges
Deals & funding
Ozone Urbana Infra Developers Private Limited has 7 deals on record (3 secondary share transfers, 2 funding rounds, 2 rights issues), with disclosed funding of ₹224 Cr; the latest was in September 2016.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2016 | Secondary share transfer | Undisclosed | Buyer: Ozone Propex Private Limited Seller: Avronest Limited |
| May 2015 | Rights issue | ₹2.18 Cr | Investors: Avronest Limited, Jai Corp Limited |
| Jun 2010 | Funding round | ₹200.01 Cr | Investors: Avronest Limited, Jai Corp Limited |
| Sep 2008 | Secondary share transfer | Undisclosed | Buyer: Ozone Propex Private Limited , an individual Seller: Mfar Holdings Private Limited , 3 individuals |
| Dec 2006 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Mfar Holdings Private Limited |
To see the full deal history of Ozone Urbana Infra Developers 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 Urbana Infra Developers Private Limited has 470 court cases on record: 104 filed by Ozone Urbana Infra Developers, 366 filed against it. 205 cases are pending and 265 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 301 | 226 | 156 |
| District courts | 138 | 115 | 38 |
| NCLAT | 15 | 12 | 7 |
| NCLT | 9 | 9 | 1 |
| Supreme Court | 7 | 4 | 3 |
Cases on record (5 of 470)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against Living Media India Limited and 1 other | Pending |
| High Court, KARNATAKA | Writ petition | Filed by the company against M/S Covai Property Centre (India) Pvt Ltd and 5 others | Disposed |
| High Court | Writ petition | Filed by the company against Yes Bank Limited and 3 others | Disposed |
| District court, BENGALURU RURAL, Karnataka | Court case (CRL.R.P.) | Filed by the company against Doors and More Wood Products Limited, Rep by Authorized Signatory Santhosh Kumar | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by State Bank of India | Pending |
To see the full case history of Ozone Urbana Infra Developers 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 Urbana Infra Developers Private Limited was last rated by Icra on 04 Jan 2019.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 04 Jan 2019 |
To see the full credit ratings and regulatory alerts of Ozone Urbana Infra Developers Private Limited, buy the company report.
MSME payment delays
Ozone Urbana Infra Developers Private Limited has 7 MSME Form 1 returns on record between 2021 and 2024, listing 46 overdue payments to 8 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 8)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Dorwin Systems Private Limited | |||
| Abs General Solutions India Private Limited | |||
| an individual supplier | |||
| Cauvery Electricals Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Ozone Urbana Infra Developers Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Ozone Urbana Infra Developers Private Limited has a workforce of 91 employees on its EPFO records as of Sep 26, 2025, across 1 active EPFO establishment.
GST
Ozone Urbana Infra Developers has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECM5394G1Z3 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ozone Urbana Infra Developers Private Limited, buy the company report.
Recent activity
Ozone Urbana Infra Developers Private Limited has 19 board changes on record since 2007: 2 appointments and 17 cessations. The latest: Durbhakula Vamsi Sai ceased to be CFO on 31 Oct 2023.
97 earlier events are in the company report.
News
Frequently asked questions
Ozone Urbana Infra Developers 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 Urbana Infra Developers is a company under insolvency, formerly operating as a 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 13 January 2006 and is registered under CIN U45209KA2006PTC038236. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Ozone Urbana Infra Developers has 2 current directors:
- Vasudevan Sathyamoorthy - Director
- Sathya Moorthy Sai Prasad - Director
The latest financial statements of Ozone Urbana Infra Developers on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 12 December 2019. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Ozone Urbana Infra Developers is U45209KA2006PTC038236. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ozone Urbana Infra Developers has open charges of ₹2,425 Cr and satisfied charges of ₹4,601.88 Cr as per latest MCA filings.
Ozone Urbana Infra Developers has 470 court cases on record: 104 filed by the company and 366 filed against it. 205 are pending. Most are in the high courts.
Ozone Urbana Infra Developers was incorporated on 13 January 2006. It is registered with the Registrar of Companies, Bangalore.
Ozone Urbana Infra Developers has 7 deals on record (3 secondary share transfers, 2 funding rounds, 2 rights issues), with disclosed funding of ₹224 Cr; the latest was in September 2016.
Durbhakula Vamsi Sai ceased to be CFO on 31 Oct 2023. Seewoosagar Nemchand ceased to be Nominee Director on 22 Jun 2023. Rajeev Bhandari ceased to be Nominee Director on 20 Jun 2023. Ozone Urbana Infra Developers has 19 board changes on record in total.
Ozone Urbana Infra Developers has 7 MSME Form 1 returns on record between 2021 and 2024, listing 46 overdue payments to 8 micro and small suppliers. The latest return was filed on 01 May 2024.