Iona Fernandes Developers Private Limited
About Iona Fernandes Developers Private Limited
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Iona Fernandes Developers Private Limited is a private limited company based in Goa, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 21 August 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Goa, under CIN U70101GA2002PTC003126.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Iona Yvette Fernandes (Managing Director) and Maria Magdelina Fernandes.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at House No 2057 Khobravaddo Calangute Bardez, Goa, India – 403516.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.08 Lakh, a growth of 22% compared to the previous year. For the same year it recorded a net loss of ₹1.07 Lakh (net margin -51.3%) and EBITDA of -₹1.02 Lakh (EBITDA margin -49.1%). Revenue has declined at a compounded annual rate (CAGR) of 85% over three years and 9% over five years.
Court records list 6 cases involving the company, including 5 filed by the company and 1 filed against it.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
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- Registered AddressHouse No 2057 Khobravaddo Calangute Bardez, Goa, India – 403516
- IndustryReal Estate and Construction, Real Estate Builders & Developers
- 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
- One PDF report, delivered after checkout
Business Activity of Iona Fernandes Developers Private Limited
The main business activity of Iona Fernandes Developers is real estate. In detail, this covers real estate activities with own or leased property.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Iona Fernandes Developers Private Limited FY 2025 filings available
Iona Fernandes Developers Private Limited reported revenue of ₹2.08 Lakh (up 22% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Iona Fernandes Developers Private Limited
Revenue rose 22% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 9%. EBITDA fell 264% 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 of Iona Fernandes Developers Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹1.02 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.07 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
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| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Iona Fernandes Developers Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -49.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -51.3% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Iona Fernandes Developers are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Iona Fernandes Developers Private Limited
Iona Fernandes Developers Private Limited is compared with the companies closest to it by revenue in the Real Estate industry (Builders and Developers). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Radek Projects Private Limited | •••• | •••• | •••• | •••• | - | East Delhi, Delhi, India |
| Shuchi Reality Private Limited | •••• | •••• | •••• | •••• | - | Ahmadabad City, Gujarat, India |
| Reflex Realty LLP | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Livfree Construction Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Iona Fernandes Developers Private Limited this company | •••• | •••• | •••• | •••• | - | Goa, India |
| Uni International Private Limited | •••• | •••• | •••• | •••• | - | Dlf Qe, Haryana, India |
| Aavash Construction Pvt Ltd | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Dhurya Construction Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Mic Welfare Services Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Rajmata Buildtech Private Limited | •••• | •••• | •••• | •••• | - | Lucknow, Uttar Pradesh, India |
| MB Constwell Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
Peers are the five companies nearest above and the five nearest below Iona Fernandes Developers by revenue in the Real Estate industry (Builders and Developers), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Iona Fernandes Developers Private Limited
Iona Fernandes Developers Private Limited is audited by R.K.PIKALE& CO. for the financial year 2016.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| R.K.PIKALE& CO. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Iona Fernandes Developers Private Limited
Iona Fernandes Developers has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Maria Magdelina Fernandes | Director | 21 Aug 2002 | 24 Years 1 Months | Current |
| Ingrid Ryna Fernandes | Director | 21 Aug 2002 | 24 Years 1 Months | Current |
| Iona Yvette Fernandes | Managing Director | 21 Aug 2002 | 24 Years 1 Months | Current |
Ownership and Shareholding of Iona Fernandes Developers Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Iona Fernandes Developers Private Limited
Iona Fernandes Developers Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Iona Fernandes Developers Private Limited
Iona Fernandes Developers Private Limited has 6 court cases on record: 5 filed by Iona Fernandes Developers, 1 filed against it. All cases are disposed. Status as checked between 30 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 0 | 0 |
| District courts | 2 | 1 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, North Goa, Goa | Civil suit | Filed by the company against Reserve Bank Innovation Hub | Disposed |
| Bombay High Court | Court case (MCA) | Filed by the company against Reserve Bank of India, THR. Its Governor and 6 Ors | Disposed |
| Bombay High Court | Appeal | Filed by the company against Reserve Bank of India THR Its Governor and 6 Ors | Disposed |
| Bombay High Court | Appeal | Filed by the company against Reserve Bank of India, THR. Its Governor and 6 Ors | Disposed |
| District court, North Goa, Goa | Civil suit | Filed against the company by an individual | Disposed |
Full case history
All 6 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Iona Fernandes Developers Private Limited
Employment history and EPFO contributions of people linked to Iona Fernandes Developers.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Iona Fernandes Developers Private Limited
Iona Fernandes Developers Private Limited has 3 board changes on record since 2002: 3 appointments. The latest: Ingrid Ryna Fernandes was appointed as Director on 21 Aug 2002.
Credit Ratings, Litigation & Regulatory Alerts for Iona Fernandes Developers Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Iona Fernandes Developers Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Iona Fernandes Developers Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Iona Fernandes Developers Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Iona Fernandes Developers Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Iona Fernandes Developers Private Limited
Iona Fernandes Developers is an active private limited company based in Goa, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 21 August 2002 (24+ years old) and is registered under CIN U70101GA2002PTC003126.
Iona Fernandes Developers reported revenue of ₹2.08 Lakh for FY 2025 (up 22% YoY).
Iona Fernandes Developers has 3 current directors:
- Iona Yvette Fernandes - Managing Director
- Maria Magdelina Fernandes - Director
- Ingrid Ryna Fernandes - Director
Iona Fernandes Developers reported a net loss of ₹1.07 Lakh (net margin -51.3%) and EBITDA of -₹1.02 Lakh (EBITDA margin -49.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Iona Fernandes Developers is 85% over three years and -9% over five years. In the latest year (FY 2025) revenue rose 22%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Iona Fernandes Developers is U70101GA2002PTC003126. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Iona Fernandes Developers has 6 court cases on record: 5 filed by the company and 1 filed against it. Most are in the high courts.
Iona Fernandes Developers was incorporated on 21 August 2002, making it 24+ years old. It is registered with the Registrar of Companies, Goa.
The peers of Iona Fernandes Developers by revenue are Radek Projects Private Limited, Shuchi Reality Private Limited, Reflex Realty LLP, Livfree Construction Private Limited, Uni International Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Ingrid Ryna Fernandes was appointed as Director on 21 Aug 2002. Iona Yvette Fernandes was appointed as Managing Director on 21 Aug 2002. Maria Magdelina Fernandes was appointed as Director on 21 Aug 2002.
The registered office of Iona Fernandes Developers is at House No 2057 Khobravaddo Calangute Bardez, Goa, India – 403516.