Milroc Development Company LLP
About Milroc Development Company LLP
Data last updated:
Milroc Development Company LLP is a limited liability partnership (LLP) based in Panaji, Goa, India. It operates in the builders segment of the construction sector. It was incorporated on 10 December 2010 and has been in existence for over 16 years.
The LLP is registered with the Registrar of Companies (ROC), Goa, under LLPIN AAA-3062. Its GSTIN is 30ABBFM1945N1ZB (Goa). The LLP holds 2 GST registrations, of which 1 is active.
The LLP has a total obligation of contribution of ₹1.65 Cr. It is led by designated partners including Aditi Kamlesh Jhaveri and Kamlesh Shantilal Jhaveri.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at Panaji, Goa.
As per the financials filed for FY 2021, the LLP reported a revenue of ₹91.19 Lakh, a decline of 26% compared to the previous year. For the same year it recorded a net loss of ₹44.42 Lakh (net margin -48.7%) and EBITDA of ₹1.26 Cr (EBITDA margin 138.5%). Revenue has declined at a compounded annual rate (CAGR) of 43% over three years and 39% over five years.
The LLP has about 10 employees on its provident fund (EPFO) records.
As per MCA filings, the LLP has satisfied charges of ₹3 Cr on record. Court records list 4 cases involving the LLP, including 2 filed against it; 1 case is pending.
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- Registered AddressUnit No.4 1st Floor City Business Centre, Coelho Pereira Building Dr. Dada Vaidya Road., Panaji, Goa, India – 403001
- IndustryConstruction, 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
Financials of Milroc Development Company LLP FY 2025 filings available
Milroc Development Company LLP reported revenue of ₹91.19 Lakh (down 26% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR) of Milroc Development Company LLP
Revenue has declined at a compounded annual rate (CAGR) of 39% over five years, including a 26% fall in the latest year. EBITDA rose 6% 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 Milroc Development Company LLP
| Statement of Account and Solvency | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Income and Expenditure | |||||
| Turnover | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Income | ₹91.19 Lakh | •••• | •••• | •••• | •••• |
| Purchases and Direct Costs | •••• | •••• | •••• | •••• | •••• |
| Personnel Expenses | •••• | •••• | •••• | •••• | •••• |
| Administrative Expenses | •••• | •••• | •••• | •••• | •••• |
| Interest | •••• | •••• | •••• | •••• | •••• |
| Depreciation | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax | •••• | •••• | •••• | •••• | •••• |
| Profit After Tax | -₹44.42 Lakh | •••• | •••• | •••• | •••• |
| Profit Transferred to Partners | •••• | •••• | •••• | •••• | •••• |
| Assets and Liabilities | |||||
| Partners' Contribution | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Secured Loans | •••• | •••• | •••• | •••• | •••• |
| Unsecured Loans | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Other Liabilities and Provisions | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Loans and Advances | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Milroc Development Company LLP
| Statement of Account and Solvency | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| Net Profit Margin | -48.7% | •••• | •••• | •••• | •••• |
| Return on Partners' Funds | •••• | •••• | •••• | •••• | •••• |
| Return on Assets | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt to Partners' Funds | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Turnover Growth | •••• | •••• | •••• | •••• | •••• |
| 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 8. The full year-wise statements and ratios of Milroc Development Company 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.
Auditor Details of Milroc Development Company LLP
Milroc Development Company LLP is audited by S P BHANDARE & ASSOCIATES for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S P BHANDARE & ASSOCIATES | 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.
Designated Partners of Milroc Development Company LLP
Milroc Development Company has 4 current designated partners and 6 former designated partners. Current designated partners are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Aditi Kamlesh Jhaveri | Designated Partner | 01 Oct 2020 | 6 Years 0 Months | Current |
| Kamlesh Shantilal Jhaveri | Designated Partner | 10 Dec 2010 | 15 Years 9 Months | Current |
| Rishabh Kamlesh Jhaveri | Designated Partner | 01 Oct 2020 | 6 Years 0 Months | Current |
| Shobha Kamlesh Jhaveri Also directs: London Star Diamond Company (India) Private Ltd | Designated Partner | 01 Apr 2014 | 12 Years 6 Months | Current |
Ownership and Shareholding of Milroc Development Company LLP
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 Milroc Development Company LLP
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Mar 2012 | Andhra Bank | ₹3 Cr | Satisfied |
Total charge records: 1 View all charges
Legal Cases of Milroc Development Company LLP
Milroc Development Company LLP has 4 court cases on record: 2 filed against it, 2 where it is another party. 1 case is pending and 3 are disposed. Status as checked between 21 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 2 | 1 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, North Goa, Goa | Court case (SCS) | Filed against the company by Milroc Good Earth Property and Developers LLP | Disposed |
| District court, North Goa, Goa | Court case (SCS) | Company is another party | Pending |
| District court, North Goa, Goa | Court case (SCS) | Filed against the company by an individual | Disposed |
| District court, North Goa, Goa | Court case (CAISA) | Company is another party | Disposed |
Full case history
All 4 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 Milroc Development Company LLP
Milroc Development Company LLP has a workforce of 10 employees as of Apr 06, 2024.
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 Milroc Development Company LLP
Milroc Development Company LLP has 10 designated partner changes on record since 2010: 4 appointments and 6 cessations. The latest: Aditi Kamlesh Jhaveri was appointed as Designated Partner on 01 Oct 2020.
4 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Milroc Development Company LLP
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 Milroc Development Company LLP
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 Milroc Development Company LLP
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 Milroc Development Company LLP
Milroc Development Company has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 30ABBFM1945N1ZB | Goa | Active | 01 Jul 2017 |
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 Milroc Development Company LLP
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 Milroc Development Company LLP
Milroc Development Company is an active limited liability partnership based in Panaji, Goa, India. The LLP works in builders, within the construction industry. It was incorporated on 10 December 2010 (16+ years old) and is registered under LLPIN AAA-3062.
Milroc Development Company reported revenue of ₹91.19 Lakh for FY 2021 (down 26% YoY).
Milroc Development Company has 4 current designated partners:
- Aditi Kamlesh Jhaveri - Designated Partner
- Kamlesh Shantilal Jhaveri - Designated Partner
- Rishabh Kamlesh Jhaveri - Designated Partner
- Shobha Kamlesh Jhaveri - Designated Partner
Milroc Development Company reported a net loss of ₹44.42 Lakh (net margin -48.7%) and EBITDA of ₹1.26 Cr (EBITDA margin 138.5%) for FY 2021, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Milroc Development Company is -43% over three years and -39% over five years. In the latest year (FY 2021) revenue fell 26%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Milroc Development Company is 30ABBFM1945N1ZB, registered in Goa. The LLP has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The LLPIN (Limited Liability Partnership Identification Number) of Milroc Development Company is AAA-3062. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Milroc Development Company has 4 court cases on record: 2 filed against it. 1 is pending.
Milroc Development Company was incorporated on 10 December 2010, making it 16+ years old. It is registered with the Registrar of Companies, Goa.
Aditi Kamlesh Jhaveri was appointed as Designated Partner on 01 Oct 2020. Kamlesh Shantilal Jhaveri ceased to be Partner on 01 Oct 2020. Rishabh Kamlesh Jhaveri was appointed as Designated Partner on 01 Oct 2020. Milroc Development Company has 10 designated partner changes on record in total.