About Commonwealth Developers Private Limited
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Commonwealth Developers Private Limited is a private limited company based in Margao, Goa, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 31 December 1986 and has been in existence for over 40 years.
The company is registered with the Registrar of Companies (ROC), Goa, under CIN U15541GA1986PTC000703. Its GSTIN is 30AABCD1337M1Z0 (Goa).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors including Datta Damodar Naik (Managing Director) and Saloni Chirag Naik.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Cd Fountainhead Murida Fatorda Salcete, Margao, Goa, India – 403602.
As per the financials filed for FY 2022, the company reported a revenue of ₹9.65 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹42.95 Lakh (net margin -4.5%) and EBITDA of ₹1.22 Cr (EBITDA margin 12.7%). Revenue has declined at a compounded annual rate (CAGR) of 46% over three years and 24% over five years.
As per MCA filings, the company has open charges of ₹26.85 Cr and satisfied charges of ₹62.4 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website cdhomes.com.
Company details
Contact details
Commonwealth Developers Private Limited's registered office is in Margao, Goa. Its website is cdhomes.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressCd Fountainhead Murida Fatorda Salcete, Margao, Goa, India – 403602
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Commonwealth 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 Commonwealth Developers is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Commonwealth Developers Private Limited, buy the company report.
Financials of Commonwealth Developers Private Limited
FY 2023 filings availableCommonwealth Developers Private Limited reported revenue of ₹9.65 Cr (up 1102% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 24% over five years. EBITDA rose 88% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
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| Total Revenue | ₹9.65 Cr | ||||
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| Total Expenses | |||||
| EBITDA | ₹1.22 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹42.95 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.7% | ||||
| Net Profit Margin | -4.5% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Commonwealth Developers Private Limited, buy the company report.
Board of directors of Commonwealth Developers Private Limited
Commonwealth Developers has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Saloni Chirag Naik Also directs: Millantro Industries LLP | Director | 01 Apr 2021 | 5 Years 6 Months | Current |
| Datta Damodar Naik | Managing Director | 31 Dec 1986 | 39 Years 9 Months | Current |
| Sushanta Datta Naik | Director | 31 Dec 1986 | 39 Years 9 Months | Current |
| Damodar Datta Naik Also directs: Millantro Industries LLP | Director Appointed In Casual Vacancy | 01 Jul 2009 | 17 Years 3 Months | Current |
Auditor
Commonwealth Developers Private Limited is audited by U.N. BENE & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| U.N. BENE & CO | FY 2022 | 117052W |
Shareholding
The shareholding of Commonwealth 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) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Commonwealth Developers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Sep 2025 | 101167226 | Others | ₹22 Lakh | Open | |
| 25 Feb 2025 | 101063177 | Others | ₹1 Cr | Open | |
| 24 Jun 2024 | 100944122 | Others | ₹5 Cr | Open | |
| 05 Jan 2024 | 100856483 | Others | ₹10 Cr | Open | |
| 17 Aug 2023 | 100776745 | Hdfc Bank Limited | ₹16 Lakh | Open |
To see the full charge records of Commonwealth Developers Private Limited, buy the company report.
Total charge records: 64 View all charges
Legal cases
Commonwealth Developers Private Limited has 1 court case on record: 1 filed by Commonwealth Developers. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South Goa, Goa | Original application | Filed by the company against an individual | Disposed |
To see the full case history of Commonwealth 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 Commonwealth Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Commonwealth Developers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 30AABCD1337M1Z0 | Goa | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Commonwealth Developers Private Limited, buy the company report.
Recent activity
Commonwealth Developers Private Limited has 6 board changes on record since 1986: 4 appointments and 2 cessations. The latest: Saloni Chirag Naik ceased to be Additional Director on 30 Nov 2021.
118 earlier events are in the company report.
Frequently asked questions
Commonwealth Developers is an active private limited company based in Margao, Goa, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 31 December 1986 (40+ years old) and is registered under CIN U15541GA1986PTC000703.
Commonwealth Developers has 4 current directors:
- Datta Damodar Naik - Managing Director
- Saloni Chirag Naik - Director
- Sushanta Datta Naik - Director
- Damodar Datta Naik - Director Appointed In Casual Vacancy
The latest financial statements of Commonwealth Developers on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Commonwealth Developers is 30AABCD1337M1Z0, registered in Goa.
The CIN (Corporate Identification Number) of Commonwealth Developers is U15541GA1986PTC000703. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Commonwealth Developers has 1 court case on record: 1 filed by the company.
Commonwealth Developers was incorporated on 31 December 1986, making it 40+ years old. It is registered with the Registrar of Companies, Goa.
Saloni Chirag Naik ceased to be Additional Director on 30 Nov 2021. Saloni Chirag Naik was appointed as Director on 01 Apr 2021. Damodar Chandrakant Karapurkar ceased to be Director on 01 Jul 2009. Commonwealth Developers has 6 board changes on record in total.
Commonwealth Developers can be reached through the website cdhomes.com. Its registered office is in Margao, Goa, India.
The registered office of Commonwealth Developers is at Cd Fountainhead Murida Fatorda Salcete, Margao, Goa, India – 403602.