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Ozone Overseas
A leading solutions provider of Architectural Hardware, Furniture and Kitchen Hardware, and Security Systems
About Ozone Overseas
Ozone Overseas operates as a manufacturer and distributor of architectural hardware and security solutions, positioning itself as a key supplier for architects, builders, and homeowners. The company was founded in 1999 by Alok Aggarwal, who currently serves as the CEO and Managing Director. Aggarwal, an MBA professional, transitioned from his family's steel rolling mill business after identifying a significant gap in the Indian market for high-quality, domestically manufactured architectural hardware during a downturn in the steel industry in the late 1990s. His vision was to create a brand offering reliable products that met international standards while catering to the Indian consumer.
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Headquartered in New Delhi, India, the company began its journey by offering locks and has since expanded its product portfolio to over 5,000 items. Key milestones include the introduction of glass fittings in 2002, automatic doors in 2004, and the launch of smart locks and safes in 2018. The firm's business model is primarily business-to-business (B2B), engaging with construction firms, architectural designers, and retailers for bulk orders. Revenue is generated through the sale of its wide range of products, which are distributed through a robust network of over 7,000 retailers across India and also exported to markets including the USA, Germany, UAE, and others. For the fiscal year ending March 31, 2024, Ozone Overseas generated revenue of ₹586 crore.
The company's product offerings are extensive, covering categories such as architectural glass fittings, door hardware (including closers and locks), kitchen and furniture fittings, railing solutions, and electronic security devices like digital safes and smart locks. Ozone also provides specialized products like fire and clean room doors, demountable partitioning systems, and urban street furniture. Manufacturing is a core component of its operations, with production facilities in Kala Amb, Himachal Pradesh, and a newer unit in Ghiloth, Rajasthan, which started in July 2023. The company has received private equity funding, including a significant investment in June 2023, to expand manufacturing capacity, enhance its brand presence, and explore potential acquisitions.
At a glance
- Founded
- 2000
- Headquarters
- New Delhi, India
- Sector
- Real Estate
Latest news
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series B and later2 investors entered at this stage
Everstone
Nuvama Private
Source: Dealroom Talent Intelligence.
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