Millionaire Developers Private Limited
About Millionaire Developers Private Limited
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Millionaire Developers Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 03 August 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45200MH2005PTC155111.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹3.5 Lakh. It is led by directors Satish Vadilal Raval and Shitalben Mukundbhai Kadam.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at 1 Old Shanti Nagar Chamunda Circle Mandpeshwar Road Borivali(W), Mumbai, Maharashtra, India – 400091.
As per the financials filed for FY 2018, the company reported a revenue of ₹8.66 Lakh, a decline of 30% compared to the previous year. For the same year it recorded a net loss of ₹2,609 (net margin -0.3%) and EBITDA of -₹2,609 (EBITDA margin -0.3%).
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Millionaire Developers Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address1 Old Shanti Nagar Chamunda Circle Mandpeshwar Road Borivali(W), Mumbai, Maharashtra, India – 400091
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of Millionaire 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
Business activity
The main business activity of Millionaire Developers is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Millionaire Developers Private Limited, buy the company report.
Financials of Millionaire Developers Private Limited
FY 2018 filings availableMillionaire Developers Private Limited reported revenue of ₹8.66 Lakh (down 30% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue fell 30% in the latest year. EBITDA fell 14% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | -₹2,609 | |||
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| Net Profit (PAT) | -₹2,609 | |||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| Profitability | ||||
| EBITDA Margin | -0.3% | |||
| Net Profit Margin | -0.3% | |||
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To see the full financial statements and ratios of Millionaire Developers Private Limited, buy the company report.
Board of directors of Millionaire Developers Private Limited
Millionaire Developers has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Satish Vadilal Raval Also directs: Novagold Petro-Resources Limited, Tribhuvan Housing Limited, Millennium Cybertech Limited and 2 more | Director | 07 Aug 2017 | 9 Years 3 Months | Current |
| Shitalben Mukundbhai Kadam Also directs: India Polyspin Limited, Fast Track Entertainment Limited, Sonal Sil-Chem Limited and 2 more | Director | 07 Aug 2017 | 9 Years 3 Months | Current |
Auditor
Millionaire Developers Private Limited is audited by Abhishek N Shah & CO. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Abhishek N Shah & CO. | FY 2017 |
Shareholding
The shareholding of Millionaire Developers Private Limited is on record for FY 2017, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2017 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Millionaire Developers Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Millionaire Developers Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Millionaire Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Millionaire Developers Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Millionaire Developers Private Limited has 10 board changes on record since 2015: 2 appointments and 8 cessations. The latest: Satish Vadilal Raval ceased to be Director on 11 Apr 2019.
1 earlier event is in the company report.
Frequently asked questions
Millionaire Developers is an active private limited company based in Mumbai, Maharashtra, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 03 August 2005 (21+ years old) and is registered under CIN U45200MH2005PTC155111.
Millionaire Developers has 2 current directors:
- Satish Vadilal Raval - Director
- Shitalben Mukundbhai Kadam - Director
The latest financial statements of Millionaire Developers on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Millionaire Developers is U45200MH2005PTC155111. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Millionaire Developers was incorporated on 03 August 2005, making it 21+ years old. It is registered with the Registrar of Companies, Mumbai.
Satish Vadilal Raval ceased to be Director on 11 Apr 2019. Shitalben Mukundbhai Kadam ceased to be Director on 11 Apr 2019. Pareshbhai Vijaybhai Parmar ceased to be Director on 07 Aug 2017. Millionaire Developers has 10 board changes on record in total.
The registered office of Millionaire Developers is at 1 Old Shanti Nagar Chamunda Circle Mandpeshwar Road BorivaliW, Mumbai, Maharashtra, India – 400091.
Millionaire Developers operates in the financial services industry, in the brokerage and trading services segment.
The compliance status of Millionaire Developers is active non-compliant as of 15 August 2026. The company is actively filing with the Registrar of Companies.
Millionaire Developers can be reached at its registered office: 1 Old Shanti Nagar Chamunda Circle Mandpeshwar Road BorivaliW, Mumbai, Maharashtra, India – 400091.
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