Down Town Motors Private Limited

Authorized dealer for Hyundai cars, offering sales and repair services since 1998 in Baroda, Gujarat.

1998 | Vadodara, Gujarat (India) | Active
Last Updated:

Down Town Motors Profile

Key Indicators

  • Authorised Capital ₹ 3.00 M
  • Paid Up Capital ₹ 1.50 M
  • Company Age 26 Year, 5 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 five 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

  • Location

    Vadodara, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U51109GJ1998PTC034653

  • Company No.

    034653

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    14 Sep 1998

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Automotive

Who are the key members and board of directors at Down Town Motors?

Executive Team (1)

NameDesignationAppointment DateStatus
Radhasaran Patel Country flag representing In Managing Director14-Sep-1998Current

Board Members (3)

NameDesignationAppointment DateStatus
Bimal Patel Country flag representing In Director 28-Sep-2006Current
Rupal Patel Country flag representing In Director 19-Jun-2002Current
Viral Patel Country flag representing In Director 31-Dec-2021Current

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%.

Down Town Motors revenue growth over time
Down Town Motors profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
3.42%
Revenue from Operations
3.32%
Total Assets
4.01%
Profit or Loss
1.84%
Net Worth
7.08%
EBITDA
4.97%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹10.00 M

Satisfied Charges

₹350.00 M

Charges Breakdown by Lending Institutions

  • Icici Bank Limited : 1.00 Cr

Latest Charge Details

DateLenderAmountStatus
09 Apr 2010Icici Bank Limited₹1.00 CrOpen
29 Jun 2012Kotak Mahindra Prime Limited₹10.00 CrSatisfied
22 Jun 2012Kotak Mahindra Prime Limited₹10.00 CrSatisfied
05 Oct 2010Kotak Mahindra Prime Limited₹2.00 CrSatisfied
04 Oct 2010Kotak Mahindra Prime Limited₹2.00 CrSatisfied

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.

Employee growth trends for Down Town Motors Private Limited

Deals i

Graph showing company valuation over time

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

Graph displaying rating trends over time

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

Alert Indicator

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.

Latest Updates, News, and FAQs on Down Town Motors

Recent activity within the organization

  • Annual General Meeting

    Down Town Motors Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Charges

    A charge registered on 29 Jun 2012 via Charge ID 10367291 with Kotak Mahindra Prime Limited was fully satisfied on 31 Jul 2024.

  • Charges

    A charge registered on 22 Jun 2012 via Charge ID 10367780 with Kotak Mahindra Prime Limited was fully satisfied on 31 Jul 2024.

  • Balance Sheet

    Down Town Motors Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Charges

    A charge registered on 05 Oct 2010 via Charge ID 10244068 with Kotak Mahindra Prime Limited was fully satisfied on 08 Feb 2022.

  • Charges

    A charge registered on 04 Oct 2010 via Charge ID 10244067 with Kotak Mahindra Prime Limited was fully satisfied on 08 Feb 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Down Town Motors Private Limited?

    Down Town Motors Private Limited was incorporated on 14 Sep 1998.

  • What is authorized share capital and paid-up capital of Down Town Motors Private Limited?

    The authorized share capital of Down Town Motors Private Limited is ₹ 3.00 M and paid-up capital is ₹ 1.50 M.

  • Who are the current board members & directors of Down Town Motors Private Limited?

    Currently 4 directors are associated with Down Town Motors Private Limited.

    • Bimal Santlal Patel
    • Radhasaran Santlal Patel
    • Rupal Radhasaran Patel
    • Viral Bimal Patel

  • What is the registered address of Down Town Motors Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Down Town Motors Private Limited is Opp:Chhani Jakat Naka, Nizampur India, Baroda, Gujarat, 390002.

  • What is the corporate identification number (CIN) and company number of Down Town Motors Private Limited?

    The corporate identification number (CIN) of Down Town Motors Private Limited is U51109GJ1998PTC034653 and the company number is 034653 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Down Town Motors Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Down Town Motors Private Limited has risen by 3.42%.

  • How many employees does Down Town Motors Private Limited currently have?

    As Per 2023 financial reports, 334 employees are currently employed by Down Town Motors Private Limited.

  • What change has been observed in the net worth of Down Town Motors Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Down Town Motors Private Limited has experienced an upsurge of 7.08%.

  • What are the total open charges for Down Town Motors Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Down Town Motors Private Limited amount to ₹ 1.00 Cr.

  • When was the last Balance Sheet of Down Town Motors Private Limited filed with the ROC?

    The most recent Balance Sheet for Down Town Motors Private Limited was filed with the ROC on 31 Mar 2024.

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