Downtown Finance Private Limited - Company Profile

It is a financial services private limited company based in Ahmedabad, Gujarat, India, established in 1995.
1995 Ahmedabad, Gujarat, India Active
Last Updated:
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About Downtown Finance Private Limited

Downtown Finance Private Limited, a active private limited company, was established on 02 March 1995 in Ahmedabad, Gujarat, India. Engaging in nbfc within the financial and insurance service sector, it holds CIN: U65910GJ1995PTC024852. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹12.00 Cr and a paid-up capital of ₹3.96 Cr.

It upholds a compliant status. Its leadership includes Munjal Mahendrabhai Patel (Director), Mahendrabhai Gulabdas Patel (Director), Kishor Meghji Shah (Director). Past directors included Munjal Mahendrabhai Patel, Gulabdas Ishwarlal Patel. It holds ₹0.60 M open charges and no settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at Lincoln House, Behind Satyam Complex Science City Road, Sola, Ahmedabad, Gujarat, 380060.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U65910GJ1995PTC024852

  • Registration Number

    024852

  • Incorporation Date

    02 March 1995

  • Authorized Capital

    ₹12.00 Cr

  • Paid-Up Capital

    ₹3.96 Cr

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 12.00 Cr
  • Paid Up Capital ₹ 3.96 Cr
  • Company Age 31 Year, 6 Days
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 0.60 M
  • Revenue Growth **** 7.16%
  • Profit Growth **** 12.10%
  • Ebitda **** -3.62%
  • Net Worth 1.71%
  • Total Assets -4.65%
Company report

Downtown Finance Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Downtown Finance Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Downtown Finance Private Limited?
Current Directors
Name Designation Appointment Date Status
Munjal Mahendrabhai Patel Director 10 May 2010 Current
Mahendrabhai Gulabdas Patel Director 02 Mar 1995 Current
Kishor Meghji Shah Director 05 Mar 1999 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 29 Sep 2010 Past
Pramod Abcsdd Director 10 May 2010 Past

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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
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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
*******
 -3.62%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Downtown Finance?

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Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹600,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • State Bank Of Saurashtra : 0.06 Cr
Latest Charge Details
Date Lender Amount Status
10 Mar 2000 State Bank Of Saurashtra ₹0.60 M Open

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How Many Employees Work at Downtown Finance?

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Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

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Rating
Graph displaying rating trends over time

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Alerts
Alert Indicator

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Latest Updates, News, and FAQs on Downtown Finance
Recent Activity within the Organization
  • Annual General Meeting

    The activity Downtown Finance Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was completed.

  • Balance Sheet

    Progress on Downtown Finance Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad. was documented.

  • Director Appointment

    Progress on Munjal Mahendrabhai Patel was appointed as a Director was appointed as a Director on 10 May 2010 & has been associated with this company since 15 years 9 months . was documented.

  • Charges

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

  • Director Appointment

    Progress on Kishor Meghji Shah was appointed as a Director was appointed as a Director on 05 Mar 1999 & has been associated with this company since 27 years 3 days . was documented.

  • 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 31 years 6 days . was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Downtown Finance Private Limited?

The CIN of Downtown Finance Private Limited is U65910GJ1995PTC024852.

Where is Downtown Finance Private Limited headquartered?

Downtown Finance Private Limited is headquartered at Lincoln House, Behind Satyam Complex Science City Road, Sola, Ahmedabad, Gujarat, 380060.

When was Downtown Finance Private Limited incorporated?

Downtown Finance Private Limited was incorporated on 02 March 1995.

Who are the current directors of Downtown Finance Private Limited?

The current directors of Downtown Finance Private Limited are

What is the primary industry of Downtown Finance Private Limited?

The primary industry of Downtown Finance Private Limited is Financial And Insurance Service.

Is Downtown Finance Private Limited a listed company?

Downtown Finance Private Limited is unlisted.

What is the capital structure of Downtown Finance Private Limited?

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

What is the compliance status of Downtown Finance Private Limited?

The compliance status of Downtown Finance Private Limited is Compliant.

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