Prime Downtown Estates Pvt Ltd

Real estate company specializing in buying, selling, and leasing properties in Gamdevi, Mumbai.

1988 | Mumbai, Maharashtra (India) | Active
Last Updated: November 16, 2024

Prime Downtown Estates Profile

Key Indicators

  • Authorised Capital ₹ 1.46 Cr
  • Paid Up Capital ₹ 2.40 M
  • Company Age 36 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 392.74 Cr
  • Satisfied Charges ₹ 21.66 Cr
  • Revenue Growth 593.19%
  • Profit Growth 34.31%
  • Ebitda 3.53%
  • Net Worth -21.49%
  • Total Assets -8.01%

About Prime Downtown Estates

Prime Downtown Estates Pvt Ltd (PDEPL) is a Private Limited Indian Non-Government Company incorporated in India on 01 September 1988 and has a history of 36 years and five months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Plaza Panchsil Estates Pvt Ltd. The Company is engaged in the Real Estate And Construction 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 1.46 Cr and a paid-up capital of Rs 2.40 M.

The company currently has active open charges totaling ₹392.74 Cr. The company has closed loans amounting to ₹21.66 Cr, as per Ministry of Corporate Affairs (MCA) records.

Rashesh Shah and Rajiv Shah serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U70101MH1988PTC048702

  • Company No.

    048702

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    01 Sep 1988

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Real Estate and Construction

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

Board Members (2)

Name Designation Appointment Date Status
Rashesh Shah Country flag representing In Director 17-Sep-2004 Current
Rajiv Shah Country flag representing Gb Director 25-Oct-2004 Current

Financial Performance of Prime Downtown Estates.

Prime Downtown Estates Pvt Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 593.19% increase. The company also saw a substantial improvement in profitability, with a 34.31% increase in profit. The company's net worth observed a substantial decline by a decrease of 21.49%.

Graph illustrating revenue growth over time
Graph showing 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
593.19%
Revenue from Operations
Total Assets
-8.01%
Profit or Loss
34.31%
Net Worth
-21.49%
EBITDA
3.53%

What is the Ownership and Shareholding Structure of Prime Downtown Estates?

In 2023, Prime Downtown Estates had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹392.74 Cr

Satisfied Charges

₹21.66 Cr

Charges Breakdown by Lending Institutions

  • Idbi Trusteeship Services Limited : 320.00 Cr
  • Others : 66.75 Cr
  • Bank Of Credit & Commerce International (O/S) Ltd : 5.80 Cr
  • Hdfc Bank Limited : 0.13 Cr
  • The Kalol Nagarik Sahakari Bank Ltd. : 0.06 Cr

Latest Charge Details

Date Lender Amount Status
16 Sep 2023 Hdfc Bank Limited ₹1.34 M Open
09 Mar 2023 Others ₹9.00 Cr Open
12 Feb 2019 Others ₹57.75 Cr Open
30 Nov 2018 Idbi Trusteeship Services Limited ₹320.00 Cr Open
07 Jul 1998 The Kalol Nagarik Sahakari Bank Ltd. ₹0.59 M Open

How Many Employees Work at Prime Downtown Estates?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

    Prime Downtown Estates Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Prime Downtown Estates Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.13 Cr with Charge ID 100842906 was registered on 16 Sep 2023.

    16 Sep 2023

  • Charges

    A charge with Others amounted to Rs. 9.00 Cr with Charge ID 100683556 was registered on 09 Mar 2023.

    09 Mar 2023

  • Charges

    A charge registered on 01 Feb 2018 via Charge ID 100152366 with Others was fully satisfied on 27 Feb 2023.

    27 Feb 2023

  • Charges

    A charge with Idbi Trusteeship Services Limited of Rs. 320.00 Cr registered on 30 Nov 2018 with Charge ID 100226032 was modified on 16 Dec 2022.

    16 Dec 2022

Frequently asked questions

  • Prime Downtown Estates Pvt Ltd was incorporated on 01 Sep 1988.

  • The authorized share capital of Prime Downtown Estates Pvt Ltd is ₹ 1.46 Cr and paid-up capital is ₹ 2.40 M.

  • Currently 2 directors are associated with Prime Downtown Estates Pvt Ltd.

    • Rashesh Bharat Shah
    • Rajiv Bharat Shah
  • As per Ministry of Corporate Affairs (Mca), the registered address of Prime Downtown Estates Pvt Ltd is Plaza Panchsil 11Th Floor 55 Gamdevi, Hughes Road India, Mumbai, Maharashtra, 400007.

  • The corporate identification number (CIN) of Prime Downtown Estates Pvt Ltd is U70101MH1988PTC048702 and the company number is 048702 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Prime Downtown Estates Pvt Ltd has risen by 593.19%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Prime Downtown Estates Pvt Ltd has experienced an downturn of -21.49%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Prime Downtown Estates Pvt Ltd amount to ₹ 392.74 Cr.

  • The most recent Balance Sheet for Prime Downtown Estates Pvt Ltd was filed with the ROC on 31 Mar 2024.

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