Millfields Developers Private Limited

Millfields Developers Private Limited - real estate and construction in Salcete, Goa, India. Directors, charges & compliance details.
CIN U45201GA2006PTC015851 Incorporated 05 July 2006 ROC Goa HQ Salcete, Goa, India
Merged Private Limited Company real estate and construction
Data last updated
Revenue · FY 2023
₹2.55 Lakh
▼ 83% YoY
Net loss · FY 2023
₹98.66 Lakh
Latest filing
EBITDA · FY 2023
-₹38.71 Lakh
Latest filing
Authorised capital
₹22.5 Cr
Registered with MCA
Paid-up capital
₹16.01 Cr
Issued & subscribed
Company age
20 yrs
Est. 2006
Directors on board
4
As per MCA filings
Key managerial staff
1
CEO, CFO, company secretary

About Millfields Developers Private Limited

Data last updated:

Millfields Developers Private Limited was a private limited company based in Salcete, Goa, India. 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 05 July 2006.

The company was registered with the Registrar of Companies (ROC), Goa, under CIN U45201GA2006PTC015851. Its GSTIN is 30AAECM7222M1ZK (Goa). The company held 2 GST registrations, all of them active.

The company had an authorised share capital of ₹22.5 Cr and a paid-up capital of ₹16.01 Cr. It was led by directors including Devendra Nanalal Dave and Aditya Kamani.

Its last annual general meeting (AGM) was held on 25 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at The Zuri Varca, Goa.

As per the financials filed for FY 2023, the company reported a revenue of ₹2.55 Lakh, a decline of 83% compared to the previous year. For the same year it recorded a net loss of ₹98.66 Lakh and EBITDA of -₹38.71 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 92% over three years and 25% over five years.

Court records list 5 cases involving the company, including 4 filed by the company and 1 filed against it; 1 case is pending.

Company details

CIN U45201GA2006PTC015851
Registration Number 015851
Incorporation Date 05 July 2006
ROC Goa
Listing Status Unlisted
Company Status Amalgamated
Date of Last AGM 25 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant

CIN history

Millfields Developers has one previous CIN (Corporate Identification Number): U45201KA2006PTC039886. The current CIN is U45201GA2006PTC015851, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U45201GA2006PTC015851Current
U45201KA2006PTC039886Previous

Contact details

Millfields Developers Private Limited's registered office is in Salcete, Goa. Its e-mail address is in the company report.

  • Email
  • Registered Address
    The Zuri Varca, Goa White Sands Resort & Casino Varca Beach, Salcete, Goa, India – 403721
  • Industry
    Real Estate and Construction, Real Estate Builders & Developers

To see the full contact details of Millfields Developers Private Limited, buy the company report.

Comprehensive company report
Millfields Developers Private 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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Financials of Millfields Developers Private Limited

FY 2023 filings available

Millfields Developers Private Limited reported revenue of ₹2.55 Lakh (down 83% YoY) for FY 2023.

Revenue · FY 2023
₹2.55 Lakh ▼ 83%
Net loss · FY 2023
₹98.66 Lakh
EBITDA · FY 2023
-₹38.71 Lakh

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 83%
3 years · compounded
▼ 92%
5 years · compounded
▼ 25%
EBITDA CAGR growth
1 year
▼ 68%
5 years · compounded
▼ 24%

Revenue has declined at a compounded annual rate (CAGR) of 25% over five years, including a 83% fall in the latest year. EBITDA fell 68% 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 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
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-₹38.71 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹98.66 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
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
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 Millfields Developers Private Limited, buy the company report.

Board of directors and KMP of Millfields Developers Private Limited

Millfields Developers Private Limited currently reports 3 directors and 1 key managerial person. 4 former directors have served the organization.

Directors and KMP (as last reported)
NameDesignationAppointment DateTenureStatus
Nirali Prabhatbhai KarethaCompany Secretary29 Jul 20179 Years 3 MonthsAs last reported
Devendra Nanalal DaveDirector24 May 201313 Years 5 MonthsAs last reported
Aditya KamaniDirector05 Jul 200620 Years 3 MonthsAs last reported
Abhishek Rashmi KamaniDirector05 Jul 200620 Years 3 MonthsAs last reported

Auditor

Millfields Developers Private Limited is audited by KENI & DHUMATKAR for the financial year 2022.

Auditor firmFinancial yearFirm registration number
KENI & DHUMATKARFY 2022118141W

Shareholding

The shareholding of Millfields Developers Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2022FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Millfields Developers Private Limited, buy the company report.

MSME payment delays

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

GST

Millfields Developers has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
30AAECM7222M1ZKGoaActive30 Jan 2019
29AAECM7222M1Z3KarnatakaActive01 Jul 2017

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

Recent activity

Millfields Developers Private Limited has 8 board changes on record since 2006: 4 appointments and 4 cessations. The latest: Nirali Prabhatbhai Karetha was appointed as Company Secretary on 29 Jul 2017.

AGM
Millfields Developers Private Limited last Annual general meeting of members was held on 25 Sep 2023 as per latest MCA records.
Filing
Millfields Developers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Goa.
Appointed
Nirali Prabhatbhai Karetha was appointed as Company Secretary.
Ceased
Kamani Deepakkumar Chamanlal Vrajlal ceased to be Director.
Ceased
Rashmi Chamanlal Kamani ceased to be Director.
Ceased
Devendra Nanalal Dave ceased to be Additional Director.
Appointed
Devendra Nanalal Dave was appointed as Director.
Ceased
Chamanlal Vrajlal Kamani ceased to be Director.
Appointed
Abhishek Rashmi Kamani was appointed as Director.
Appointed
Aditya Kamani was appointed as Director.
Incorporation
05 Jul 2006
Millfields Developers Private Limited was registered on 05 Jul 2006 with Roc Goa & aged 20 years 3 months as per MCA records.

Frequently asked questions

Millfields 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.

Millfields Developers was a private limited company based in Salcete, Goa, India. The company worked in real estate builders and developers, within the real estate and construction industry. It was incorporated on 05 July 2006 and is registered under CIN U45201GA2006PTC015851. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.

Millfields Developers was incorporated on 05 July 2006. It is registered with the Registrar of Companies, Goa.

Millfields Developers had 4 directors and KMP:

The CIN (Corporate Identification Number) of Millfields Developers is U45201GA2006PTC015851. 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 Millfields Developers is at The Zuri Varca, Goa White Sands Resort & Casino Varca Beach, Salcete, Goa, India – 403721.

The latest financial statements of Millfields Developers on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 25 September 2023. Year-wise statements from 2015 are in the company report.

The GSTIN of Millfields Developers is 30AAECM7222M1ZK, registered in Goa. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 29AAECM7222M1Z3 (Karnataka).

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

Millfields Developers has 5 court cases on record: 4 filed by the company and 1 filed against it. 1 is pending. Most are in the district courts.