Downtown Securities Private Limited
About Downtown Securities Private Limited
Data last updated:
Downtown Securities Private Limited was a private limited company based in Chennai, Tamil Nadu, India, operated as a subsidiary of Niwas Residential & Commercial Properties 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 financing segment of the financial services sector. It was incorporated on 31 March 1993.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U65993TN1993PTC024723.
The company had an authorised share capital of ₹30 Lakh and a paid-up capital of ₹27.14 Lakh. It was led by directors Priya Anil Sawant and Rajesh Parshuram Mayekar.
Its last annual general meeting (AGM) was held on 23 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at Chennai House 5th Floor New No. 7 Esplanade, Tamil Nadu, India – 600108.
As per the financials filed for FY 2019, the company reported a revenue of ₹7.94 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹44.14 Lakh (net margin 5.6%) and EBITDA of ₹46.83 Lakh (EBITDA margin 5.9%). Revenue has grown at a compounded annual rate (CAGR) of 771% over three years.
As per MCA filings, the company had satisfied charges of ₹150 Cr on record.
Company details
Contact details
Downtown Securities Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressChennai House 5th Floor New No. 7 Esplanade, Tamil Nadu, India – 600108
- IndustryFinancial Services, Real Estate Financing
To see the full contact details of Downtown Securities 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 Securities 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 |
To see the full business activity and turnover split of Downtown Securities Private Limited, buy the company report.
Financials of Downtown Securities Private Limited
FY 2019 filings availableDowntown Securities Private Limited reported revenue of ₹7.94 Cr (up 66088% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 771% over three 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹7.94 Cr | ||||
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| Total Expenses | |||||
| EBITDA | ₹46.83 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹44.14 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.9% | ||||
| Net Profit Margin | 5.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Downtown Securities Private Limited, buy the company report.
Board of directors of Downtown Securities Private Limited
Downtown Securities has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Priya Anil Sawant | Director | 02 May 2019 | 7 Years 5 Months | As last reported |
| Rajesh Parshuram Mayekar Also directs: Eet Biofuels Limited, Edwell Park Properties and Networks Private Limited, Bhargava Estates Private Limited and 2 more | Director | 23 Aug 2018 | 8 Years 2 Months | As last reported |
Peer comparison
Downtown Securities Private Limited is compared with the 4 companies closest to it by revenue in the BFSI industry (Real Estate Leasing), with the same principal business activity (real estate activities with own or leased property), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sana Hospitality Services Private Limited | ₹7.96 Cr (FY 2024) | -51.0% | Navi Mumbai, Maharashtra, India | |||
| Snap Offices Private Limited | ₹7.95 Cr (FY 2025) | 12.0% | Bangalore, Karnataka, India | |||
| Downtown Securities Private Limitedthis company | ₹7.94 Cr (FY 2019) | ₹44.14 Lakh | 5.6% | 66088.0% | Chennai, Tamil Nadu, India | |
| Deeplok Builders Pvt Ltd | ₹7.94 Cr (FY 2025) | 37.0% | Kolkata, West Bengal, India | |||
| Mahadev Properties and Builders Private Limited | ₹7.91 Cr (FY 2025) | 23.0% | Uttarakhand, India |
To see the full peer comparison of Downtown Securities Private Limited, buy the company report.
Auditor
Downtown Securities Private Limited is audited by N K R & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N K R & CO | FY 2017 | 127820W |
Shareholding
The shareholding of Downtown Securities Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Downtown Securities Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Mar 2017 | 100110776 | Others | ₹50 Cr | Satisfied | |
| 26 Nov 2015 | 10611934 | Edelweiss Finance & Investments Limited | ₹40 Cr | Satisfied | |
| 21 Jun 2014 | 10505333 | Ecl Finance Limited | ₹30 Cr | Satisfied | |
| 30 Jul 2013 | 10441772 | Edelweiss Housing Finance Limited | ₹13 Cr | Satisfied | |
| 30 Jul 2013 | 10440750 | Ecl Finance Limited | ₹17 Cr | Satisfied |
To see the full charge records of Downtown Securities Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
No court or tribunal cases involving Downtown Securities 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 Securities 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 Securities Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Downtown Securities Private Limited has 11 board changes on record since 2007: 2 appointments and 9 cessations. The latest: Priya Anil Sawant ceased to be Additional Director on 23 Sep 2019.
12 earlier events are in the company report.
Frequently asked questions
Downtown Securities 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 Securities was a private limited company based in Chennai, Tamil Nadu, India. The company worked in real estate financing, within the financial services industry. It was incorporated on 31 March 1993 and is registered under CIN U65993TN1993PTC024723. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Downtown Securities was incorporated on 31 March 1993. It is registered with the Registrar of Companies, Chennai.
Downtown Securities had 2 directors:
- Priya Anil Sawant - Director
- Rajesh Parshuram Mayekar - Director
The CIN (Corporate Identification Number) of Downtown Securities is U65993TN1993PTC024723. 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 Securities is at Chennai House 5th Floor New No. 7 Esplanade, Tamil Nadu, India – 600108.
The latest financial statements of Downtown Securities on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 23 September 2019. Year-wise statements from 2015 are in the company report.
Downtown Securities operated in the financial services industry, in the real estate financing segment.
The peers of Downtown Securities by revenue are Sana Hospitality Services Private Limited, Snap Offices Private Limited, Deeplok Builders Pvt Ltd, Mahadev Properties and Builders Private Limited, all in the BFSI industry (Real Estate Leasing), with the same principal business activity (real estate activities with own or leased property).
Priya Anil Sawant ceased to be Additional Director on 23 Sep 2019. Priya Anil Sawant was appointed as Director on 02 May 2019. Priyanka Mayuresh Oka ceased to be Director on 02 May 2019. Downtown Securities has 11 board changes on record in total.
Downtown Securities has no open charges and satisfied charges of ₹150 Cr as per latest MCA filings.