Downtown Finance Private Limited

Financial services company offering brokerage, stock exchange membership, and other related services.

1995 | Ahmedabad, Gujarat (India) | Active
Last Updated:

Downtown Finance Profile

Key Indicators

  • Authorised Capital ₹ 12.00 Cr
  • Paid Up Capital ₹ 3.96 Cr
  • Company Age 30 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 0.60 M
  • Revenue Growth 7.16%
  • Profit Growth 12.10%
  • Ebitda -3.69%
  • Net Worth 1.71%
  • Total Assets -4.65%

About Downtown Finance

Downtown Finance Private Limited (DFPL) is a Private Limited Indian Non-Government Company incorporated in India on 02 March 1995 and has a history of 30 years and two months. Its registered office is in Ahmedabad, Gujarat, India.

The Company is engaged in the Financial Services 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 12.00 Cr and a paid-up capital of Rs 3.96 Cr.

The company currently has active open charges totaling ₹0.60 M.

Kishor Shah, Munjal Patel, and Mahendrabhai Patel serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U65910GJ1995PTC024852

  • Company No.

    024852

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    02 Mar 1995

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Financial Services
Company report

Downtown Finance Private Limited

Explore comprehensive data for Downtown Finance Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Downtown Finance?

Board Members (3)

NameDesignationAppointment DateStatus
Kishor Shah Country flag representing Ke Director 05-Mar-1999Current
Munjal Patel Country flag representing In Director 10-May-2010Current
Mahendrabhai Patel Country flag representing In Director 02-Mar-1995Current

Financial Performance of Downtown Finance.

Downtown Finance Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 7.16% increase. The company also saw a substantial improvement in profitability, with a 12.1% increase in profit. The company's net worth moved up by a moderate rise of 1.71%.

Downtown Finance revenue growth over time
Downtown Finance 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
7.16%
Revenue from Operations
10.00%
Total Assets
-4.65%
Profit or Loss
12.10%
Net Worth
1.71%
EBITDA
-3.69%

What is the Ownership and Shareholding Structure of Downtown Finance?

In 2022, Downtown Finance 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

₹0.06 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of Saurashtra : 0.06 Cr

Latest Charge Details

DateLenderAmountStatus
10 Mar 2000State Bank Of Saurashtra₹0.60 MOpen

How Many Employees Work at Downtown Finance?

Unlock and access historical data on people associated with Downtown Finance, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Downtown Finance Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Downtown Finance, 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 Downtown Finance'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 Downtown Finance

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

    Downtown Finance Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Director Appointment

    Munjal Mahendrabhai Patel was appointed as a Director was appointed as a Director on 10 May 2010 & has been associated with this company since 14 years 11 months .

  • Charges

    A charge with State Bank Of Saurashtra amounted to Rs. 0.06 Cr with Charge ID 90100704 was registered on 10 Mar 2000.

  • Director Appointment

    Kishor Meghji Shah was appointed as a Director was appointed as a Director on 05 Mar 1999 & has been associated with this company since 26 years 2 months .

  • Director Appointment

    Mahendrabhai Gulabdas Patel was appointed as a Director was appointed as a Director on 02 Mar 1995 & has been associated with this company since 30 years 2 months .

Frequently asked questions

  • What is the Incorporation or founding date of Downtown Finance Private Limited?

    Downtown Finance Private Limited was incorporated on 02 Mar 1995.

  • What is authorized share capital and paid-up capital of Downtown Finance Private Limited?

    The authorized share capital of Downtown Finance Private Limited is ₹ 12.00 Cr and paid-up capital is ₹ 3.96 Cr.

  • Who are the current board members & directors of Downtown Finance Private Limited?

    Currently 3 directors are associated with Downtown Finance Private Limited.

    • Kishor Meghji Shah
    • Munjal Mahendrabhai Patel
    • Mahendrabhai Gulabdas Patel

  • What is the registered address of Downtown Finance Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Downtown Finance Private Limited is Lincoln House Behind Satyam Complex Science City Road, Sola India, Ahmedabad, Gujarat, 380060.

  • What is the corporate identification number (CIN) and company number of Downtown Finance Private Limited?

    The corporate identification number (CIN) of Downtown Finance Private Limited is U65910GJ1995PTC024852 and the company number is 024852 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Downtown Finance Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Downtown Finance Private Limited has risen by 7.16%.

  • What change has been observed in the net worth of Downtown Finance Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Downtown Finance Private Limited has experienced an upsurge of 1.71%.

  • What are the total open charges for Downtown Finance Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Downtown Finance Private Limited amount to ₹ 0.60 M.

  • When was the last Balance Sheet of Downtown Finance Private Limited filed with the ROC?

    The most recent Balance Sheet for Downtown Finance Private Limited was filed with the ROC on 31 Mar 2024.

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