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Downtown Technologies Private Limited - software in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹24.42 Lakh
Latest filing
Net loss · FY 2024
₹2.11 Cr
Latest filing
EBITDA · FY 2024
-₹2.04 Cr
Latest filing
Authorised capital
₹4.65 Lakh
Registered with MCA
Paid-up capital
₹4.43 Lakh
Issued & subscribed
Company age
5 yrs
Est. 2021
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Downtown Technologies Private Limited
Data last updated:
Downtown Technologies Private Limited is a private limited company based in Ahmedabad, Gujarat, India, recognised as a startup by DPIIT. It operates in the software development and IT solutions segment of the software and technology sector. It was incorporated on 29 April 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72200GJ2021PTC122335. Its GSTIN is 24AAICD4734H1ZQ (Gujarat).
The company has an authorised share capital of ₹4.65 Lakh and a paid-up capital of ₹4.43 Lakh. It is led by directors Jaydip Pradip Biniwale and Abhishek Ashitbhai Doshi.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 26 Basant Bahar – 3 Near Homeopethik Medical College Ghuma, Ahmedabad, Gujarat, India – 380015.
As per the financials filed for FY 2024, the company reported a revenue of ₹24.42 Lakh. For the same year it recorded a net loss of ₹2.11 Cr and EBITDA of -₹2.04 Cr.
The company is associated with 1 brand: The Downtown Club.
For more details, the company can be reached via its website thedowntown.club.
Company Details of Downtown Technologies Private Limited
CIN U72200GJ2021PTC122335
Registration Number 122335
Incorporation Date 29 April 2021
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
Recognitions & Rankings of Downtown Technologies
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Apps
- Registered Address26 Basant Bahar – 3 Near Homeopethik Medical College Ghuma, Ahmedabad, Gujarat, India – 380015
- IndustrySoftware, Software Development, Software Publishing
Comprehensive company report
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Associated Brands
Downtown Technologies operates one associated brand: The Downtown Club. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Multi-category products are offered via an app-based retail platform. | thedowntown.club |
Financials of Downtown Technologies Private Limited
FY 2025 filings availableDowntown Technologies Private Limited reported revenue of ₹24.42 Lakh for FY 2024.
Revenue · FY 2024
₹24.42 Lakh
Net loss · FY 2024
₹2.11 Cr
EBITDA · FY 2024
-₹2.04 Cr
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2021-22 to FY 2022-23in the company report |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | •••• | |
| Other Income | •••• | |
| Total Revenue | •••• | |
| Cost of Materials Consumed | •••• | |
| Employee Benefit Expense | •••• | |
| Finance Costs | •••• | |
| Depreciation and Amortisation | •••• | |
| Other Expenses | •••• | |
| Total Expenses | •••• | |
| EBITDA | -₹2.04 Cr | |
| Profit Before Tax | •••• | |
| Tax Expense | •••• | |
| Net Profit (PAT) | -₹2.11 Cr | |
| Balance Sheet | ||
| Share Capital | •••• | |
| Reserves and Surplus | •••• | |
| Net Worth (Total Equity) | •••• | |
| Long-term Borrowings | •••• | |
| Short-term Borrowings | •••• | |
| Trade Payables | •••• | |
| Total Liabilities | •••• | |
| Fixed Assets | •••• | |
| Investments | •••• | |
| Inventories | •••• | |
| Trade Receivables | •••• | |
| Cash and Bank Balance | •••• | |
| Total Assets | •••• | |
Financial Ratios
| Metrics | FY 2023-24 | FY 2021-22 to FY 2022-23in the company report |
|---|---|---|
| Profitability | ||
| EBITDA Margin | •••• | |
| Net Profit Margin | •••• | |
| Return on Equity (ROE) | •••• | |
| Return on Capital Employed (ROCE) | •••• | |
| Return on Assets (ROA) | •••• | |
| Liquidity and Debt | ||
| Current Ratio | •••• | |
| Quick Ratio | •••• | |
| Debt-to-Equity Ratio | •••• | |
| Interest Coverage Ratio | •••• | |
| Efficiency and Growth | ||
| Asset Turnover | •••• | |
| Receivable Days | •••• | |
| Payable Days | •••• | |
| Inventory Days | •••• | |
| Revenue Growth | •••• | |
| Net Profit Growth | •••• | |
Paid data: the figures shown as dots, and every line for FY 2021-22 to FY 2022-23, are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Downtown Technologies are in the company report.
Premium access
Financial statements from FY 2022
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Board of Directors of Downtown Technologies Private Limited
Downtown Technologies has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jaydip Pradip Biniwale | Director | 29 Apr 2021 | 5 Years 5 Months | Current |
| Abhishek Ashitbhai Doshi | Director | 29 Apr 2021 | 5 Years 5 Months | Current |
Ownership and Shareholding
: available in the company report
Charges & Borrowings
Downtown Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance
Downtown Technologies Private Limited has a workforce of 0 employees as of Mar 22, 2024.
Active EPFO establishments
1
: available in the company report
Recent Activity
Downtown Technologies Private Limited has 2 board changes on record since 2021: 2 appointments. The latest: Abhishek Ashitbhai Doshi was appointed as Director on 29 Apr 2021.
AGM
Downtown Technologies Private Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Filing
Downtown Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Appointed
Abhishek Ashitbhai Doshi was appointed as Director.
Appointed
Jaydip Pradip Biniwale was appointed as Director.
Incorporation
29 Apr 2021
Downtown Technologies Private Limited was registered on 29 Apr 2021 with Roc Ahmedabad & aged 5 years 5 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
MSME Payment Delays
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
Downtown Technologies has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAICD4734H1ZQ | Gujarat | Active | 10 Dec 2021 |
: available in the company report
MCA Filings & Documents
: available in the company report
Frequently Asked Questions
Downtown Technologies is an active private limited company based in Ahmedabad, Gujarat, India. The company works in software development, within the software industry. It was incorporated on 29 April 2021 (5+ years old) and is registered under CIN U72200GJ2021PTC122335.
Downtown Technologies has 2 current directors:
- Jaydip Pradip Biniwale - Director
- Abhishek Ashitbhai Doshi - Director
The latest financial statements of Downtown Technologies on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from FY 2022 are in the company report.
The GSTIN of Downtown Technologies is 24AAICD4734H1ZQ, registered in Gujarat.
The CIN (Corporate Identification Number) of Downtown Technologies is U72200GJ2021PTC122335. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Downtown Technologies was incorporated on 29 April 2021, making it 5+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Abhishek Ashitbhai Doshi was appointed as Director on 29 Apr 2021. Jaydip Pradip Biniwale was appointed as Director on 29 Apr 2021.
Yes, Downtown Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Downtown Technologies can be reached through the website thedowntown.club. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Downtown Technologies is at 26 Basant Bahar – 3 Near Homeopethik Medical College Ghuma, Ahmedabad, Gujarat, India – 380015.