Milky Way Developers Private Limited
About Milky Way Developers Private Limited
Data last updated:
Milky Way Developers Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 11 February 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U70101TN2002PTC048436. Its GSTIN is 33AADCM9205H1ZN (Tamil Nadu).
The company has an authorised share capital of ₹80 Cr and a paid-up capital of ₹78.66 Cr. It is led by directors including Ahamed Shakir and Arif Buhary Rahman.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No.10 & 11 Dr. Radhakrishnan Salai Chennai Citi Centre 4th Floor Mylapore, Tamil Nadu, India – 600004.
As per the financials filed for FY 2024, the company reported a revenue of ₹13.91 Cr. For the same year it recorded a net profit of ₹1.27 Cr (net margin 9.1%) and EBITDA of ₹1.44 Cr (EBITDA margin 10.3%). Revenue has grown at a compounded annual rate (CAGR) of 36% over three years.
Court records list 3 cases involving the company, including 1 filed against it. The company has 7 deals on record (5 secondary share transfers, 2 funding rounds), with disclosed funding of ₹78.65 Cr; the latest was in September 2015. Its 10 peer companies in the Real Estate industry (Builders and Developers) are compared by revenue, 5 larger and 5 smaller; the largest is Cybercity Mangadu Project Private Limited.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressNo.10 & 11 Dr. Radhakrishnan Salai Chennai Citi Centre 4th Floor Mylapore, Tamil Nadu, India – 600004
- 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 Milky Way Developers Private Limited
The main business activity of Milky Way Developers is real estate. In detail, this covers real estate activities on fee or contract basis.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| L | Real Estate | L2 | Real estate activities on fee or contract basis | 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 Milky Way Developers Private Limited FY 2024 filings available
Milky Way Developers Private Limited reported revenue of ₹13.91 Cr for FY 2024.
Compounded Annual Growth Rate (CAGR) of Milky Way Developers Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 36% over three years. EBITDA rose 671% 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 Milky Way Developers Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹1.44 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.27 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 of Milky Way Developers Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 9.1% | •••• | •••• | •••• | •••• |
| 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 Milky Way 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 Milky Way Developers Private Limited
Milky Way 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 |
|---|---|---|---|---|---|---|
| Cybercity Mangadu Project Private Limited | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
| Deegee Software Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Abhyudaya Homes Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| C.S. Technobuild Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Madgul Parks Pvt Ltd | •••• | •••• | •••• | •••• | 15 | Kolkata, West Bengal, India |
| Milky Way Developers Private Limited this company | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| Gupta Housing Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Tarangan Infraventures Private Limited | •••• | •••• | •••• | •••• | 14 | Nagpur, Maharashtra, India |
| Shomit Finance Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Amuse International Private Limited | •••• | •••• | •••• | •••• | - | Faridabad, Haryana, India |
| Abcz Buildcon Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
Peers are the five companies nearest above and the five nearest below Milky Way 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 Milky Way Developers Private Limited
Milky Way Developers Private Limited is audited by S SANTHANAGOPALAN & CO for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S SANTHANAGOPALAN & 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 Milky Way Developers Private Limited
Milky Way Developers has 5 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ahamed Shakir Also directs: Minnath Estates LLP, Invesmart Ventures LLP, Minnath Property Developers LLP and 5 more | Director | 05 Oct 2020 | 6 Years 0 Months | Current |
| Arif Buhary Rahman | Director | 11 Feb 2002 | 24 Years 7 Months | Current |
| Ashraf Abdul Rahman Buhari Also directs: Pearl Kinesis Healthcare LLP, MKM Thangamaligai LLP, Eta Karnataka Estates Limited and 5 more | Director | 05 Oct 2020 | 6 Years 0 Months | Current |
| Khalid Abdul Khader Buhari Also directs: Eta Karnataka Estates Limited, Omega Cables Limited, Chennai Citi Centre Holdings Private Limited and 5 more | Director | 01 Dec 2005 | 20 Years 10 Months | Current |
| Hameed Syed Salahuddin Also directs: Eta General Private Limited, Eta Star Appliances Private Limited, Eta Star Western Auto Private Limited and 5 more | Director | 11 Feb 2002 | 24 Years 7 Months | Current |
Ownership and Shareholding of Milky Way 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 Milky Way Developers Private Limited
Milky Way Developers Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Milky Way Developers Private Limited
Milky Way Developers Private Limited has 7 deals on record (5 secondary share transfers, 2 funding rounds), with disclosed funding of ₹78.65 Cr; the latest was in September 2015.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2015 | Secondary share transfer | Undisclosed | Buyer: Alfa Investments, Crest Investment Seller: 2 individuals |
| Mar 2013 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Eta Star Holdings Limited |
| Jun 2009 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2008 | Secondary share transfer | Undisclosed | Buyer: Eta Star Holdings Limited Seller: ETA Mauritius Limited |
| Feb 2008 | Funding round | ₹3 Cr | Investors: Eta Star Holdings Limited |
Full deal history
All 7 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Milky Way Developers Private Limited
Milky Way Developers Private Limited has 3 court cases on record: 1 filed against it, 2 where it is another party. All cases are disposed. Status as checked between 01 Oct 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Appeal | Filed against the company by an individual | Disposed |
| Madras High Court | Court case (OSA) | Company is another party | Disposed |
| Madras High Court | Interim or miscellaneous application | Company is another party | Disposed |
Full case history
All 3 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 Milky Way Developers Private Limited
Employment history and EPFO contributions of people linked to Milky Way 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 Milky Way Developers Private Limited
Milky Way Developers Private Limited has 13 board changes on record since 2002: 5 appointments and 8 cessations. The latest: Ahamed Shakir ceased to be Additional Director on 31 Dec 2020.
4 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Milky Way 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 Milky Way 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 Milky Way 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 Milky Way Developers Private Limited
Milky Way Developers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AADCM9205H1ZN | Tamil Nadu | Active | 29 Jul 2020 |
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 Milky Way 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 Milky Way Developers Private Limited
Milky Way Developers is an active private limited company based in Chennai, Tamil Nadu, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 11 February 2002 (24+ years old) and is registered under CIN U70101TN2002PTC048436.
Milky Way Developers reported revenue of ₹13.91 Cr for FY 2024.
Milky Way Developers has 5 current directors:
- Ahamed Shakir - Director
- Arif Buhary Rahman - Director
- Ashraf Abdul Rahman Buhari - Director
- Khalid Abdul Khader Buhari - Director
- Hameed Syed Salahuddin - Director
Milky Way Developers reported a net profit of ₹1.27 Cr (net margin 9.1%) and EBITDA of ₹1.44 Cr (EBITDA margin 10.3%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Milky Way Developers is 36% over three years. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Milky Way Developers is 33AADCM9205H1ZN, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Milky Way Developers is U70101TN2002PTC048436. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Milky Way Developers has 3 court cases on record: 1 filed against it.
Milky Way Developers was incorporated on 11 February 2002, making it 24+ years old. It is registered with the Registrar of Companies, Chennai.
Milky Way Developers has 7 deals on record (5 secondary share transfers, 2 funding rounds), with disclosed funding of ₹78.65 Cr; the latest was in September 2015.
The peers of Milky Way Developers by revenue are Cybercity Mangadu Project Private Limited, Deegee Software Private Limited, Abhyudaya Homes Private Limited, C.S. Technobuild Private Limited, Madgul Parks Pvt Ltd and 5 more, all in the Real Estate industry (Builders and Developers).