Down Town Hotels Private Limited
About Down Town Hotels Private Limited
Data last updated:
Down Town Hotels Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 08 April 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U55100MH2005PTC152508. Its GSTIN is 27AACCD1495P1Z5 (Maharashtra).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.71 Cr. It is led by directors including Saif Zulfikar Maredia and Rahim Kasamali Maredia.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.31 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹65,894 (net margin 0.3%) and EBITDA of ₹43.02 Lakh (EBITDA margin 18.6%). Revenue has grown at a compounded annual rate (CAGR) of 37% over three years and 31% over five years.
Court records list 5 cases involving the company, including 4 filed by the company and 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressSadiqua Manzil Gr.Fl. Room No. 6 Opp. Ratna Mahal Hotel Cardinal Gracious Rd. Chakala And, Heri (E), Mumbai, Maharashtra, India – 400099
- IndustryTravel and Hospitality, Hotel & Accommodation Services
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Business Activity of Down Town Hotels Private Limited
The main business activity of Down Town Hotels is accommodation and food service. In detail, this covers accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| I | Accommodation and Food Service | I1 | Accommodation services provided by Hotel, Inns, Resorts, holiday homes, hostel, etc. | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Down Town Hotels Private Limited FY 2024 filings available
Down Town Hotels Private Limited reported revenue of ₹2.31 Cr (up 10% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Down Town Hotels Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 31% over five years, including 10% growth in the latest year. EBITDA rose 46% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Down Town Hotels Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹43.02 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹65,894 | •••• | •••• | •••• | •••• |
| 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 of Down Town Hotels Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 18.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.3% | •••• | •••• | •••• | •••• |
| 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 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 Down Town Hotels are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Down Town Hotels Private Limited
Down Town Hotels has 5 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Saif Zulfikar Maredia Also directs: Accuron Foods Private Limited, Empress Park Constructions Private Limited, Larose Constructions Private Limited and 2 more | Director | 08 Apr 2005 | 21 Years 6 Months | Current |
| Shaukat Kasamali Maredia | Additional Director | 01 Apr 2008 | 18 Years 6 Months | Current |
| Rahim Kasamali Maredia Also directs: Accuron Realty LLP, Accuron Constructions LLP, Accuron Foods Private Limited and 5 more | Director | 06 Mar 2019 | 7 Years 7 Months | Current |
| Moonis Maredia Mehndi | Additional Director | 09 May 2018 | 8 Years 5 Months | Current |
| Zulfikar Kasamali Maredia Also directs: Gold Brick Builders Pvt Ltd., Esquire Polymers Limited | Director | 30 Dec 2025 | 0 Years 9 Months | Current |
Peer Comparison of Down Town Hotels Private Limited
Down Town Hotels Private Limited is compared with the companies closest to it by revenue in the Consumer Services industry (Hotels). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Playotel Private Limited | ₹2.31 Cr (FY 2025) | •••• | •••• | 104.0% | •••• | Indore, Madhya Pradesh, India |
| Sree Shashti Hotels Private Limited | ₹2.31 Cr (FY 2025) | •••• | •••• | -10.0% | •••• | Tamil Nadu, India |
| Dr.Modi`S Karjat Health Resort Limited | ₹2.31 Cr (FY 2025) | •••• | •••• | 39.0% | •••• | Karjat, Maharashtra, India |
| Sagar Tarang Resorts Private Limited | ₹2.31 Cr (FY 2025) | •••• | •••• | 114.0% | •••• | Bhubaneswar, Odisha, India |
| Gold Link Hotels Private Limited | ₹2.31 Cr (FY 2024) | •••• | •••• | 52.0% | •••• | Thiruvananthapuram, Kerala, India |
| Down Town Hotels Private Limited this company | ₹2.31 Cr (FY 2024) | •••• | •••• | 10.0% | •••• | Mumbai, Maharashtra, India |
| First Star Hotels Private Limited | ₹2.3 Cr (FY 2017) | •••• | •••• | 12.0% | •••• | Gurgaon, Haryana, India |
| Rakhi Hotels Private Limited | ₹2.3 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Bhopal, Madhya Pradesh, India |
| Pearl Belvedere Private Limited | ₹2.3 Cr (FY 2024) | •••• | •••• | 4697.0% | •••• | Delhi, India |
| RWV Alliance Management Private Limited | ₹2.3 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Delhi, India |
| Club Destinasia Private Limited | ₹2.3 Cr (FY 2025) | •••• | •••• | 16.0% | •••• | Zirakpur, Punjab, India |
Peers are the five companies nearest above and the five nearest below Down Town Hotels by revenue in the Consumer Services industry (Hotels), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Down Town Hotels Private Limited
Down Town Hotels Private Limited is audited by BHAVE & BHAVE ASSOCIATES for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| BHAVE & BHAVE ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Down Town Hotels Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Down Town Hotels Private Limited
Down Town Hotels Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Down Town Hotels Private Limited
Down Town Hotels Private Limited has 5 court cases on record: 4 filed by Down Town Hotels, 1 filed against it. 1 case is pending and 4 are disposed. Status as checked between 30 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 1 | 1 |
| District courts | 2 | 0 | 0 |
Cases on record (4 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court for State of Telangana | Appeal | Filed against the company by M/S.Solitaire Business Associates | Pending |
| High Court for State of Telangana | Arbitration matter | Filed by the company against an individual | Disposed |
| District court, Hyderabad CCC, Telangana | Execution petition | Filed by the company against an individual | Disposed |
| District court, Hyderabad CCC, Telangana | Court case (A.R.B.O.P) | Filed by the company against an individual | Disposed |
Full case history
All 5 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Employees and EPFO Compliance at Down Town Hotels Private Limited
Employment history and EPFO contributions of people linked to Down Town Hotels.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Down Town Hotels Private Limited
Down Town Hotels Private Limited has 8 board changes on record since 2005: 5 appointments and 3 cessations. The latest: Zulfikar Kasamali Maredia was appointed as Director on 30 Dec 2025.
Credit Ratings, Litigation & Regulatory Alerts for Down Town Hotels Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Down Town Hotels Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Down Town Hotels Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Down Town Hotels Private Limited
Down Town Hotels has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCD1495P1Z5 | Maharashtra | Active | 02 Jul 2018 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Down Town Hotels Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Down Town Hotels Private Limited
Down Town Hotels is an active private limited company based in Mumbai, Maharashtra, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 08 April 2005 (21+ years old) and is registered under CIN U55100MH2005PTC152508.
Down Town Hotels reported revenue of ₹2.31 Cr for FY 2024 (up 10% YoY).
Down Town Hotels has 5 current directors:
- Saif Zulfikar Maredia - Director
- Shaukat Kasamali Maredia - Additional Director
- Rahim Kasamali Maredia - Director
- Moonis Maredia Mehndi - Additional Director
- Zulfikar Kasamali Maredia - Director
Down Town Hotels reported a net profit of ₹65,894 (net margin 0.3%) and EBITDA of ₹43.02 Lakh (EBITDA margin 18.6%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Down Town Hotels is 37% over three years and 31% over five years. In the latest year (FY 2024) revenue rose 10%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Down Town Hotels is 27AACCD1495P1Z5, registered in Maharashtra.
The CIN (Corporate Identification Number) of Down Town Hotels is U55100MH2005PTC152508. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Down Town Hotels has 5 court cases on record: 4 filed by the company and 1 filed against it. 1 is pending. Most are in the high courts.
Down Town Hotels was incorporated on 08 April 2005, making it 21+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Down Town Hotels by revenue are Playotel Private Limited, Sree Shashti Hotels Private Limited, Dr.Modi`S Karjat Health Resort Limited, Sagar Tarang Resorts Private Limited, Gold Link Hotels Private Limited and 5 more, all in the Consumer Services industry (Hotels).
Zulfikar Kasamali Maredia was appointed as Director on 30 Dec 2025. Amit Prakash Misar ceased to be Director on 01 Oct 2019. Rahim Kasamali Maredia was appointed as Director on 06 Mar 2019. Down Town Hotels has 8 board changes on record in total.