
About Cheyyar Sez Developers Private Limited
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Cheyyar Sez Developers Private Limited is a foreign private limited company based in Vembakkam, Tamil Nadu, India, a subsidiary of Lotus Footwear Enterprises Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 13 November 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U70200TN2006FTC061496. Its GSTIN is 33AACCC9377P1Z0 (Tamil Nadu).
The company has an authorised share capital of ₹125 Cr and a paid-up capital of ₹118 Cr. It is led by directors including Wai Kai Lau (Whole-Time Director) and Po Ying Leung.
Its last annual general meeting (AGM) was held on 06 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 3A Sipcot Industrial Park, Vembakkam, Tamil Nadu.
As per the financials filed for FY 2025, the company reported a revenue of ₹125.78 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹10.18 Cr (net margin 8.1%) and EBITDA of ₹72.89 Cr (EBITDA margin 57.9%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 12% over five years.
The company has about 341 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Feng Tay Enterprises. As per MCA filings, the company has open charges of ₹20 Cr and satisfied charges of ₹2.71 Cr on record. Court records list 5 cases involving the company, including 2 filed by the company and 3 filed against it. The company has 10 deals on record (6 rights issues, 4 funding rounds), with disclosed funding of ₹159.17 Cr; the latest was in June 2022.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website fengtay.com.
Company details
Contact details
Cheyyar Sez Developers Private Limited's registered office is in Vembakkam, Tamil Nadu. Its website is fengtay.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressCheyyar SEZ Developers Private Limited Plot No.3A Sipcot Industrial Park Mangal Village M, Athur Post, Vembakkam, Tamil Nadu, India – 631701
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Cheyyar Sez 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
Brands
Cheyyar Sez Developers operates one associated brand: Feng Tay Enterprises. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Athletic footwear products are manufactured and supplied globally. | fengtay.com |
Business activity
The main business activity of Cheyyar Sez Developers is construction. In detail, this covers demolition & site preparation, electrical, plumbing & other specialized construction activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F3 | Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities |
To see the full business activity and turnover split of Cheyyar Sez Developers Private Limited, buy the company report.
Financials of Cheyyar Sez Developers Private Limited
FY 2025 filings availableCheyyar Sez Developers Private Limited reported revenue of ₹125.78 Cr (up 13% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 13% growth in the latest year. EBITDA rose 15% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹72.89 Cr | ||||
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| Net Profit (PAT) | ₹10.18 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 57.9% | ||||
| Net Profit Margin | 8.1% | ||||
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To see the full financial statements and ratios of Cheyyar Sez Developers Private Limited, buy the company report.
Board of directors of Cheyyar Sez Developers Private Limited
Cheyyar Sez Developers has 4 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Po Ying Leung Also directs: India Tindivanam Footwear Private Limited | Director | 01 Oct 2019 | 7 Years 1 Months | Current |
| Peter Dale Nickerson Also directs: India Tindivanam Footwear Private Limited | Director | 22 Oct 2008 | 18 Years 0 Months | Current |
| Wai Kai Lau Also directs: India Tindivanam Footwear Private Limited | Whole-Time Director | 17 Sep 2012 | 14 Years 1 Months | Current |
| Sunil Taneja | Director | 26 May 2014 | 12 Years 5 Months | Current |
Auditor
Cheyyar Sez Developers Private Limited is audited by Price Waterhouse Chartered Accountants LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Price Waterhouse Chartered Accountants LLP | FY 2023 | 012754N/N500016 |
Shareholding
The shareholding of Cheyyar Sez Developers 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 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
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| Others |
To see the full shareholding pattern of Cheyyar Sez Developers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Dec 2020 | 100397794 | Others | ₹20 Cr | Open | |
| 07 Aug 2020 | 100377123 | Indian Bank | ₹2.71 Cr | Satisfied |
To see the full charge records of Cheyyar Sez Developers Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Cheyyar Sez Developers Private Limited has 10 deals on record (6 rights issues, 4 funding rounds), with disclosed funding of ₹159.17 Cr; the latest was in June 2022.
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2022 | Rights issue | ₹230 Cr | Investors: Lotus Footwear Enterprises Limited |
| Aug 2021 | Rights issue | ₹30 Cr | Investors: Lotus Footwear Enterprises Limited |
| Jun 2019 | Rights issue | ₹70 Cr | Investors: Lotus Footwear Enterprises Limited |
| Sep 2017 | Rights issue | ₹70 Cr | Investors: Lotus Footwear Enterprises Limited |
| Feb 2017 | Rights issue | ₹50 Cr | Investors: Lotus Footwear Enterprises Limited |
To see the full deal history of Cheyyar Sez 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
Cheyyar Sez Developers Private Limited has 5 court cases on record: 2 filed by Cheyyar Sez Developers, 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 0 |
| High courts | 2 | 0 | 0 |
Cases on record (4 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chennai, Tamil Nadu | Motor accident claim | Filed against the company by an individual | Disposed |
| District court, Chennai, Tamil Nadu | Motor accident claim | Filed against the company by an individual | Disposed |
| District court, Krishnagiri, Tamil Nadu | Motor accident claim | Filed against the company by an individual | Disposed |
| High Court, TAMIL NADU | Petition | Filed by the company against The Government of Tamil Nadu | Disposed |
To see the full case history of Cheyyar Sez 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 Cheyyar Sez Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Cheyyar Sez Developers Private Limited has a workforce of 341 employees on its EPFO records as of Apr 10, 2024, across 1 active EPFO establishment.
GST
Cheyyar Sez Developers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AACCC9377P1Z0 | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Cheyyar Sez Developers Private Limited, buy the company report.
Recent activity
Cheyyar Sez Developers Private Limited has 15 board changes on record since 2008: 4 appointments and 11 cessations. The latest: Michael Arthur Buisan ceased to be Director on 02 Jun 2022.
9 earlier events are in the company report.
News
Frequently asked questions
Cheyyar Sez Developers is an active foreign private limited company based in Vembakkam, Tamil Nadu, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 13 November 2006 (20+ years old) and is registered under CIN U70200TN2006FTC061496.
Cheyyar Sez Developers has 4 current directors:
- Wai Kai Lau - Whole-Time Director
- Po Ying Leung - Director
- Peter Dale Nickerson - Director
- Sunil Taneja - Director
The latest financial statements of Cheyyar Sez Developers on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 06 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Cheyyar Sez Developers is 33AACCC9377P1Z0, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Cheyyar Sez Developers is U70200TN2006FTC061496. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Cheyyar Sez Developers has 5 court cases on record: 2 filed by the company and 3 filed against it. Most are in the district courts.
Cheyyar Sez Developers was incorporated on 13 November 2006, making it 20+ years old. It is registered with the Registrar of Companies, Chennai.
Cheyyar Sez Developers has 10 deals on record (6 rights issues, 4 funding rounds), with disclosed funding of ₹159.17 Cr; the latest was in June 2022.
Michael Arthur Buisan ceased to be Director on 02 Jun 2022. Peter Dale Nickerson ceased to be Managing Director on 02 Jun 2022. Po Ying Leung was appointed as Director on 01 Oct 2019. Cheyyar Sez Developers has 15 board changes on record in total.
Cheyyar Sez Developers can be reached through the website fengtay.com. Its registered office is in Vembakkam, Tamil Nadu, India.

