About Downtown Apartments Developers Private Limited
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Downtown Apartments Developers Private Limited was a private limited company based in Gurgaon, Haryana, India, operated as a subsidiary of Ambience Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the real estate leasing and property management segment of the real estate sector. It was incorporated on 16 January 1989.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U74899HR1989PTC111985.
The company had an authorised share capital of ₹2 Cr and a paid-up capital of ₹71.76 Lakh. It was formerly known as Ambience Apartments Private Limited. It was led by directors Ravi Prakash Singh and Ajit Singh.
Its last annual general meeting (AGM) was held on 26 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at Gurgaon, Haryana.
As per the financials filed for FY 2022, the company reported a revenue of ₹10.73 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹80,040 (net margin 7.5%) and EBITDA of ₹94,830 (EBITDA margin 8.8%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 9% over five years.
As per MCA filings, the company had satisfied charges of ₹1,803.72 Cr on record. The company has 4 deals on record (2 secondary share transfers, 1 funding round, 1 rights issue), with disclosed funding of ₹16.2 Lakh; the latest was in March 2019.
The last known website on record is ambienceisland.com.
Company details
CIN history
Downtown Apartments Developers has one previous CIN (Corporate Identification Number): U74899DL1989PTC034665. The current CIN is U74899HR1989PTC111985, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74899HR1989PTC111985 | Current |
| U74899DL1989PTC034665 | Previous |
Contact details
Downtown Apartments Developers Private Limited's registered office is in Gurgaon, Haryana. Its website is ambienceisland.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressGround Floor C – 13 Sushant Lok, Phase – 1 Block – C Gurugram, Gurgaon, Haryana, India – 122002
- IndustryReal Estate, Real Estate Leasing
To see the full contact details of Downtown Apartments Developers Private Limited, buy the company report.
- 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
Business activity
The main business activity of Downtown Apartments Developers is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
Financials of Downtown Apartments Developers Private Limited
FY 2022 filings availableDowntown Apartments Developers Private Limited reported revenue of ₹10.73 Lakh (up 1092% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 9% over five years. 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
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA | ₹94,830 | ||||
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| Net Profit (PAT) | ₹80,040 | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA Margin | 8.8% | ||||
| Net Profit Margin | 7.5% | ||||
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To see the full financial statements and ratios of Downtown Apartments Developers Private Limited, buy the company report.
Board of directors of Downtown Apartments Developers Private Limited
Downtown Apartments Developers has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ravi Prakash Singh | Additional Director | 18 Nov 2022 | 3 Years 11 Months | As last reported |
| Ajit Singh | Additional Director | 18 Nov 2022 | 3 Years 11 Months | As last reported |
Auditor
Downtown Apartments Developers Private Limited is audited by SHAILENDRA GOEL & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHAILENDRA GOEL & ASSOCIATES | FY 2021 | 013670N |
Shareholding
The shareholding of Downtown Apartments Developers Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Downtown Apartments Developers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Nov 2022 | 100665841 | Others | ₹700 Cr | Satisfied | |
| 22 Mar 2016 | 100022111 | Others | ₹213.72 Cr | Satisfied | |
| 04 Jul 2014 | 10511872 | Idbi Bank Limited | ₹150 Cr | Satisfied | |
| 15 Apr 2014 | 10500885 | Indian Overseas Bank | ₹5 Cr | Satisfied | |
| 25 Feb 2014 | 10483250 | Jammu and Kashmir Bank Limited | ₹150 Cr | Satisfied |
To see the full charge records of Downtown Apartments Developers Private Limited, buy the company report.
Total charge records: 10 View all charges
Deals & funding
Downtown Apartments Developers Private Limited has 4 deals on record (2 secondary share transfers, 1 funding round, 1 rights issue), with disclosed funding of ₹16.2 Lakh; the latest was in March 2019.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2019 | Rights issue | ₹5.49 Cr | Investors: Greentech Colonizers Private Limited , Goodworth Infracon Private Limited , Fine Grow Buildcon Private Limited |
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: Ambience Private Limited Seller: Ambience Private Limited & Aman Gehlot |
| Mar 2008 | Funding round | ₹16.2 Lakh | Investors: Ambience Private Limited |
| Aug 2007 | Secondary share transfer | Undisclosed | Buyer: Ambience Private Limited , Ambience Private Limited & Aman Gehlot Seller: Nutan Growth Fund Private Limited , Raj Sheela Growth Fund Private Limited , Aman Holdings Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Downtown Apartments Developers Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Downtown Apartments Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Downtown Apartments Developers Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Downtown Apartments Developers Private Limited has 9 board changes on record since 2007: 2 appointments and 7 cessations. The latest: Ajit Singh was appointed as Additional Director on 18 Nov 2022.
22 earlier events are in the company report.
Frequently asked questions
Downtown Apartments Developers has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Downtown Apartments Developers was a private limited company based in Gurgaon, Haryana, India. The company worked in real estate leasing, within the real estate industry. It was incorporated on 16 January 1989 and is registered under CIN U74899HR1989PTC111985. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Downtown Apartments Developers was incorporated on 16 January 1989. It is registered with the Registrar of Companies, Delhi.
Downtown Apartments Developers had 2 directors:
- Ravi Prakash Singh - Additional Director
- Ajit Singh - Additional Director
The CIN (Corporate Identification Number) of Downtown Apartments Developers is U74899HR1989PTC111985. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Downtown Apartments Developers is at Ground Floor C – 13 Sushant Lok, Phase – 1 Block – C Gurugram, Gurgaon, Haryana, India – 122002.
Downtown Apartments Developers can be reached through the website ambienceisland.com. Its registered office is in Gurgaon, Haryana, India.
The latest financial statements of Downtown Apartments Developers on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 26 September 2022. Year-wise statements from 2015 are in the company report.
Downtown Apartments Developers operated in the real estate industry, in the real estate leasing segment.
Downtown Apartments Developers has 4 deals on record (2 secondary share transfers, 1 funding round, 1 rights issue), with disclosed funding of ₹16.2 Lakh; the latest was in March 2019.
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