Millfields Developers Private Limited
About Millfields Developers Private Limited
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Millfields Developers Private Limited was a private limited company based in Salcete, Goa, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 05 July 2006.
The company was registered with the Registrar of Companies (ROC), Goa, under CIN U45201GA2006PTC015851. Its GSTIN is 30AAECM7222M1ZK (Goa). The company held 2 GST registrations, all of them active.
The company had an authorised share capital of ₹22.5 Cr and a paid-up capital of ₹16.01 Cr. It was led by directors including Devendra Nanalal Dave and Aditya Kamani.
Its last annual general meeting (AGM) was held on 25 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at The Zuri Varca, Goa.
As per the financials filed for FY 2023, the company reported a revenue of ₹2.55 Lakh, a decline of 83% compared to the previous year. For the same year it recorded a net loss of ₹98.66 Lakh and EBITDA of -₹38.71 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 92% over three years and 25% over five years.
Court records list 5 cases involving the company, including 4 filed by the company and 1 filed against it; 1 case is pending.
Company details
CIN history
Millfields Developers has one previous CIN (Corporate Identification Number): U45201KA2006PTC039886. The current CIN is U45201GA2006PTC015851, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45201GA2006PTC015851 | Current |
| U45201KA2006PTC039886 | Previous |
Contact details
Millfields Developers Private Limited's registered office is in Salcete, Goa. Its e-mail address is in the company report.
- Email
- Registered AddressThe Zuri Varca, Goa White Sands Resort & Casino Varca Beach, Salcete, Goa, India – 403721
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Millfields 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 Millfields Developers Private Limited
FY 2023 filings availableMillfields Developers Private Limited reported revenue of ₹2.55 Lakh (down 83% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 25% over five years, including a 83% fall in the latest year. EBITDA fell 68% 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 |
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| EBITDA | -₹38.71 Lakh | ||||
| Profit Before Tax | |||||
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| Net Profit (PAT) | -₹98.66 Lakh | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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To see the full financial statements and ratios of Millfields Developers Private Limited, buy the company report.
Board of directors and KMP of Millfields Developers Private Limited
Millfields Developers Private Limited currently reports 3 directors and 1 key managerial person. 4 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nirali Prabhatbhai Karetha | Company Secretary | 29 Jul 2017 | 9 Years 3 Months | As last reported |
| Devendra Nanalal Dave | Director | 24 May 2013 | 13 Years 5 Months | As last reported |
| Aditya Kamani Also directs: Zuri Hospitality Services LLP, Zuri Energy Private Limited, Zuri Hospitality Private Limited and 3 more | Director | 05 Jul 2006 | 20 Years 3 Months | As last reported |
| Abhishek Rashmi Kamani | Director | 05 Jul 2006 | 20 Years 3 Months | As last reported |
Auditor
Millfields Developers Private Limited is audited by KENI & DHUMATKAR for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KENI & DHUMATKAR | FY 2022 | 118141W |
Shareholding
The shareholding of Millfields Developers Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Millfields Developers Private Limited, buy the company report.
Legal cases
Millfields Developers Private Limited has 5 court cases on record: 4 filed by Millfields Developers, 1 filed against it. 1 case is pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 1 |
| NCLT | 2 | 0 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South Goa, Goa | Court case (SCS) | Filed against the company by individuals | Pending |
| High Court of Delhi | Court case (CM(M)) | Filed by the company against M S Hewlett Packard Enterprises India Private Limited & Anr. | Disposed |
| NCLT, Mumbai | Court case (C.A.(CAA)) | Filed by the company | Disposed |
| NCLT, Mumbai | Court case (C.P.(CAA)) | Filed by the company | Disposed |
| District court, South Goa, Goa | Court case (SCS) | Filed by the company against an individual | Disposed |
To see the full case history of Millfields 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Millfields Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Millfields Developers has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 30AAECM7222M1ZK | Goa | Active | 30 Jan 2019 |
| 29AAECM7222M1Z3 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Millfields Developers Private Limited, buy the company report.
Recent activity
Millfields Developers Private Limited has 8 board changes on record since 2006: 4 appointments and 4 cessations. The latest: Nirali Prabhatbhai Karetha was appointed as Company Secretary on 29 Jul 2017.
Frequently asked questions
Millfields Developers has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Millfields Developers was a private limited company based in Salcete, Goa, India. The company worked in real estate builders and developers, within the real estate and construction industry. It was incorporated on 05 July 2006 and is registered under CIN U45201GA2006PTC015851. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Millfields Developers was incorporated on 05 July 2006. It is registered with the Registrar of Companies, Goa.
Millfields Developers had 4 directors and KMP:
- Devendra Nanalal Dave - Director
- Aditya Kamani - Director
- Abhishek Rashmi Kamani - Director
- Nirali Prabhatbhai Karetha - Company Secretary
The CIN (Corporate Identification Number) of Millfields Developers is U45201GA2006PTC015851. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Millfields Developers is at The Zuri Varca, Goa White Sands Resort & Casino Varca Beach, Salcete, Goa, India – 403721.
The latest financial statements of Millfields Developers on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 25 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Millfields Developers is 30AAECM7222M1ZK, registered in Goa. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 29AAECM7222M1Z3 (Karnataka).
Millfields Developers operated in the real estate and construction industry, in the real estate builders and developers segment.
Millfields Developers has 5 court cases on record: 4 filed by the company and 1 filed against it. 1 is pending. Most are in the district courts.
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