Common Wealth Developers Limited

Common Wealth Developers Limited - real estate and construction in Mumbai, Maharashtra, India. Directors, charges & compliance details.
CIN U45200MH2006PLC161913 Incorporated 29 May 2006 ROC Mumbai HQ Mumbai, Maharashtra, India
Merged Public Limited Company real estate and construction
Data last updated
Revenue · FY 2022
₹20.51 Lakh
▲ 62% YoY
Net loss · FY 2022
₹12.43 Cr
Latest filing
EBITDA · FY 2022
-₹12.03 Cr
Latest filing
Authorised capital
₹140 Cr
Registered with MCA
Paid-up capital
₹137.45 Cr
Issued & subscribed
Satisfied charges
₹61.47 Cr
No open charges
Company age
20 yrs
Est. 2006
Directors on board
5
As per MCA filings

About Common Wealth Developers Limited

Data last updated:

Common Wealth Developers Limited was a public limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Nahar Retail Trading Services Limited. 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 29 May 2006.

The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U45200MH2006PLC161913. The company has 2 GST registrations on record, none of which is active.

The company had an authorised share capital of ₹140 Cr and a paid-up capital of ₹137.45 Cr. It was formerly known as Common Wealth Developers Private Limited. It was led by directors including Pratik Ramesh Shah and Sudhir Wasudeo Kamat.

Its last annual general meeting (AGM) was held on 30 May 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at Taj Building 2nd Floor 210 Dr. D. N. Road Fort, Mumbai, Maharashtra, India – 400001.

As per the financials filed for FY 2022, the company reported a revenue of ₹20.51 Lakh, a growth of 62% compared to the previous year. For the same year it recorded a net loss of ₹12.43 Cr and EBITDA of -₹12.03 Cr. Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 14% over five years.

The company was associated with 1 brand: Delicia Delights. As per MCA filings, the company had satisfied charges of ₹61.47 Cr on record. The company has 6 deals on record (4 secondary share transfers, 1 rights issue, 1 funding round), with disclosed funding of ₹99 Lakh; the latest was in March 2018.

The last known website on record is cdhomes.com.

Company details

CIN U45200MH2006PLC161913
Registration Number 161913
Incorporation Date 29 May 2006
ROC Mumbai
Listing Status Unlisted
Company Status Amalgamated
Date of Last AGM 30 May 2022
Date of Balance Sheet 31 March 2022
Parent Company Nahar Retail Trading Services Limited
Compliance Status Active Compliant

CIN history

Common Wealth Developers has one previous CIN (Corporate Identification Number): U45200MH2006PTC161913. The current CIN is U45200MH2006PLC161913, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U45200MH2006PLC161913Current
U45200MH2006PTC161913Previous

Contact details

Common Wealth Developers Limited's registered office is in Mumbai, Maharashtra. Its website is cdhomes.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Taj Building 2nd Floor 210 Dr. D. N. Road Fort, Mumbai, Maharashtra, India – 400001
  • Industry
    Real Estate and Construction, Real Estate Builders & Developers

To see the full contact details of Common Wealth Developers Limited, buy the company report.

Comprehensive company report
Common Wealth Developers Limited - one report that includes everything
  • 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
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Brands

Common Wealth Developers operates one associated brand: Delicia Delights. Each brand links to its own profile.

BrandDescriptionWebsite
Manufactures canned fruits, vegetables, jams, chutneys for institutional and export sales.deliciadelights.com

Business activity

The main business activity of Common Wealth Developers is construction. In detail, this covers buildings.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
FConstructionF1Buildings

Financials of Common Wealth Developers Limited

FY 2022 filings available

Common Wealth Developers Limited reported revenue of ₹20.51 Lakh (up 62% YoY) for FY 2022.

Revenue · FY 2022
₹20.51 Lakh ▲ 62%
Net loss · FY 2022
₹12.43 Cr
EBITDA · FY 2022
-₹12.03 Cr

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 62%
3 years · compounded
▲ 16%
5 years · compounded
▲ 14%
EBITDA CAGR growth
3 years · compounded
▼ 144%
5 years · compounded
▼ 108%

Revenue has grown at a compounded annual rate (CAGR) of 14% over five years, including 62% growth 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

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹20.51 Lakh
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹12.03 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹12.43 Cr
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Profitability
EBITDA Margin
Net Profit Margin
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Common Wealth Developers Limited, buy the company report.

Board of directors of Common Wealth Developers Limited

Common Wealth Developers has 5 current directors and 22 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Pratik Ramesh ShahDirector29 Oct 20206 Years 0 MonthsAs last reported
Sudhir Wasudeo KamatDirector24 Aug 20206 Years 2 MonthsAs last reported
Kalpana Vithaldas MerchantDirector24 Aug 20206 Years 2 MonthsAs last reported
Neeraj BasurAdditional Director01 Sep 20224 Years 2 MonthsAs last reported
Pradeep Kumar AnandDirector15 Feb 20206 Years 8 MonthsAs last reported

Auditor

Common Wealth Developers Limited is audited by DELOITTE HASKINS & SELLS LLP for the financial year 2022.

Auditor firmFinancial yearFirm registration number
DELOITTE HASKINS & SELLS LLPFY 2022117366W/W-100018

Shareholding

The shareholding of Common Wealth Developers 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 categoryFY 2022FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Common Wealth Developers Limited, buy the company report.

Charges & borrowings

Open charges
None
Satisfied charges
₹61.47 Cr
Breakdown by lending institutions
State Bank of India₹46.94 Cr
Syndicate Bank₹14.53 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
10 Mar 201010218019State Bank of India₹23.47 CrSatisfied
10 Mar 201010218018State Bank of India₹23.47 CrSatisfied
17 Jun 200810112679Syndicate Bank₹14.53 CrSatisfied

To see the full charge records of Common Wealth Developers Limited, buy the company report.

Total charge records: 3 View all charges

Deals & funding

Common Wealth Developers Limited has 6 deals on record (4 secondary share transfers, 1 rights issue, 1 funding round), with disclosed funding of ₹99 Lakh; the latest was in March 2018.

Total deals
6
Secondary share transfers
4
Rights issue
1
Funding round
1
Disclosed funding
₹99 Lakh

Deals on record (5 of 6)

WhenDealAmountParties
Mar 2018Rights issue₹45.02 CrInvestors: Trent Hypermarket Private Limited
Jan 2016Secondary share transferUndisclosedBuyer: Trent Hypermarket Private Limited
Seller: Virtuous Shopping Centres Limited
Dec 2011Secondary share transferUndisclosedBuyer: Virtuous Shopping Centres Limited
Seller: an individual
Nov 2011Secondary share transferUndisclosedBuyer: Virtuous Shopping Centres Limited
Seller: Purple Constructions Private Limited, Pride and Expert Properties Private Limited
Jul 2007Funding round₹99 LakhInvestors: Purple Constructions Private Limited, Pride and Expert Properties Private Limited , an individual

To see the full deal history of Common Wealth Developers Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Common Wealth Developers Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Common Wealth Developers has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.

Total GSTINs
2
Cancelled / inactive
2

To see the full GST registrations and return filing status of Common Wealth Developers Limited, buy the company report.

Recent activity

Common Wealth Developers Limited has 22 board changes on record since 2009: 5 appointments and 17 cessations. The latest: Neeraj Basur was appointed as Additional Director on 01 Sep 2022.

Appointed
Neeraj Basur was appointed as Additional Director.
AGM
Common Wealth Developers Limited last Annual general meeting of members was held on 30 May 2022 as per latest MCA records.
Filing
Common Wealth Developers Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Mumbai.
Ceased
Kalpana Vithaldas Merchant ceased to be Additional Director.
Ceased
Pratik Ramesh Shah ceased to be Additional Director.
Ceased
Sudhir Wasudeo Kamat ceased to be Additional Director.
Appointed
Pratik Ramesh Shah was appointed as Director.
Ceased
Jamshed Soli Daboo ceased to be Director.
Appointed
Kalpana Vithaldas Merchant was appointed as Director.
Appointed
Sudhir Wasudeo Kamat was appointed as Director.
Ceased
Pradeep Kumar Anand ceased to be Additional Director.
Ceased
Roselyn Lawrence Pereira ceased to be Director.

20 earlier events are in the company report.

Frequently asked questions

Common Wealth 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.

Common Wealth Developers was a public limited company based in Mumbai, Maharashtra, India. The company worked in real estate builders and developers, within the real estate and construction industry. It was incorporated on 29 May 2006 and is registered under CIN U45200MH2006PLC161913. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.

Common Wealth Developers was incorporated on 29 May 2006. It is registered with the Registrar of Companies, Mumbai.

Common Wealth Developers had 5 directors:

The CIN (Corporate Identification Number) of Common Wealth Developers is U45200MH2006PLC161913. 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 Common Wealth Developers is at Taj Building 2nd Floor 210 Dr. D. N. Road Fort, Mumbai, Maharashtra, India – 400001.

Common Wealth Developers can be reached through the website cdhomes.com. Its registered office is in Mumbai, Maharashtra, India.

The latest financial statements of Common Wealth Developers on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 May 2022. Year-wise statements from 2015 are in the company report.

No. Common Wealth Developers has 2 GST registrations on record and all of them are cancelled or inactive.

Common Wealth Developers operated in the real estate and construction industry, in the real estate builders and developers segment.