Down Town Motors Profile
Key Indicators
- Authorised Capital ₹ 3.00 M
- Paid Up Capital ₹ 1.50 M
- Company Age 26 Year, 4 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 1.00 Cr
- Satisfied Charges ₹ 35.00 Cr
- Revenue Growth 3.42%
- Profit Growth 1.84%
- Ebitda 4.97%
- Net Worth 7.08%
- Total Assets 4.01%
About Down Town Motors
Down Town Motors Private Limited (DTMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 14 September 1998 and has a history of 26 years and four months. Its registered office is in Vadodara, Gujarat, India.
The Company is engaged in the Automotive Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 3.00 M and a paid-up capital of Rs 1.50 M.
The company currently has active open charges totaling ₹1.00 Cr. The company has closed loans amounting to ₹35.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Bimal Patel, Radhasaran Patel, Rupal Patel, and One other member serve as directors at the Company.
Company Details
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Location
Vadodara, Gujarat, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U51109GJ1998PTC034653
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Company No.
034653
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
14 Sep 1998
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Ahmedabad
Industry
Who are the key members and board of directors at Down Town Motors?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Radhasaran Patel
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Managing Director | 14-Sep-1998 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Bimal Patel
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Director | 28-Sep-2006 | Current |
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Rupal Patel
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Director | 19-Jun-2002 | Current |
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Viral Patel
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Director | 31-Dec-2021 | Current |
Financial Performance of Down Town Motors.
Down Town Motors Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 3.42% increase. The company also saw a slight improvement in profitability, with a 1.84% increase in profit. The company's net worth moved up by a moderate rise of 7.08%.
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What is the Ownership and Shareholding Structure of Down Town Motors?
In 2023, Down Town Motors had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Destination Cars Private LimitedBimal Patel, Radhasaran Patel and 1 more are mutual person
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Destination Auto Link LlpBimal Patel, Rupal Patel and 1 more are mutual person
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Downtown Auto Private Limited
Bimal Patel, Radhasaran Patel and 2 more are mutual person
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Destination Motors Private Limited
Bimal Patel, Radhasaran Patel and 1 more are mutual person
Charges (Loans)
₹10.00 M
₹350.00 M
Charges Breakdown by Lending Institutions
- Icici Bank Limited : 1.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Apr 2010 | Icici Bank Limited | ₹1.00 Cr | Open |
| 29 Jun 2012 | Kotak Mahindra Prime Limited | ₹10.00 Cr | Satisfied |
| 22 Jun 2012 | Kotak Mahindra Prime Limited | ₹10.00 Cr | Satisfied |
| 05 Oct 2010 | Kotak Mahindra Prime Limited | ₹2.00 Cr | Satisfied |
| 04 Oct 2010 | Kotak Mahindra Prime Limited | ₹2.00 Cr | Satisfied |
How Many Employees Work at Down Town Motors?
Down Town Motors has a workforce of 334 employees as of Apr 02, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Down Town Motors, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Down Town Motors's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
