Prime Downtown Estates Pvt Ltd

Prime Downtown Estates Pvt Ltd - real estate and construction in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U70101MH1988PTC048702 Incorporated 01 September 1988 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company real estate and construction MSME · Micro
Data last updated
Revenue · FY 2025
₹83.39 Lakh
▼ 80% YoY
Net loss · FY 2025
₹3.01 Cr
Net margin -360.8%
EBITDA · FY 2025
-₹1.86 Cr
EBITDA margin -223.6%
Authorised capital
₹1.46 Cr
Registered with MCA
Paid-up capital
₹24 Lakh
Issued & subscribed
Open charges
₹392.74 Cr
Satisfied ₹21.66 Cr
Company age
38 yrs
Est. 1988
Directors on board
2
As per MCA filings

About Prime Downtown Estates Pvt Ltd

Data last updated:

Prime Downtown Estates Pvt Ltd is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Vishal Diamonds Private Limited. It operates in the real estate marketing and sales segment of the real estate and construction sector. It was incorporated on 01 September 1988 and has been in existence for over 38 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70101MH1988PTC048702. Its GSTIN is 27AAACP2635B1ZW (Maharashtra).

The company has an authorised share capital of ₹1.46 Cr and a paid-up capital of ₹24 Lakh. It was formerly known as Plaza Panchsil Estates Pvt Ltd. It is led by directors Rajiv Bharat Shah and Rashesh Bharat Shah.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plaza Panchsil 11th Floor 55 Gamdevi Hughes Road, Mumbai, Maharashtra, India – 400007.

As per the financials filed for FY 2025, the company reported a revenue of ₹83.39 Lakh, a decline of 80% compared to the previous year. For the same year it recorded a net loss of ₹3.01 Cr (net margin -360.8%) and EBITDA of -₹1.86 Cr (EBITDA margin -223.6%). Revenue has declined at a compounded annual rate (CAGR) of 29% over three years and 16% over five years.

Its group structure includes 1 subsidiary.

As per MCA filings, the company has open charges of ₹392.74 Cr and satisfied charges of ₹21.66 Cr on record. Court records list 17 cases involving the company, including 4 filed by the company and 13 filed against it; 4 cases are pending. The company has 1 deal on record (1 secondary share transfer); the latest was in April 2018. Its 6 peer companies in the Real Estate industry (Real Estate Marketing), with the same principal business activity (real estate activities with own or leased property) are compared by revenue, 3 larger and 3 smaller; the largest is Shubhali Constructions Private Limited with revenue of ₹84.28 Lakh.

Prime Downtown Estates Pvt Ltd is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0199175). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U70101MH1988PTC048702
Registration Number 048702
Incorporation Date 01 September 1988
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Vishal Diamonds Private Limited
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-19-0199175
Key People
Rajiv Bharat Shah Director Rashesh Bharat Shah Director

Recognitions & Rankings of Prime Downtown Estates

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-MH-19-0199175

Contact details

Prime Downtown Estates Pvt Ltd's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Plaza Panchsil 11th Floor 55 Gamdevi Hughes Road, Mumbai, Maharashtra, India – 400007
  • Industry
    Real Estate and Construction, Real Estate Marketing & Sales

To see the full contact details of Prime Downtown Estates Pvt Ltd, buy the company report.

Comprehensive company report
Prime Downtown Estates Pvt Ltd - one report that includes everything
  • 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
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Financials of Prime Downtown Estates Pvt Ltd

FY 2025 filings available

Prime Downtown Estates Pvt Ltd reported revenue of ₹83.39 Lakh (down 80% YoY) for FY 2025.

Revenue · FY 2025
₹83.39 Lakh ▼ 80%
Net loss · FY 2025
₹3.01 Cr margin -360.8%
EBITDA · FY 2025
-₹1.86 Cr margin -223.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 80%
3 years · compounded
▲ 29%
5 years · compounded
▼ 16%
EBITDA CAGR growth
1 year
▼ 281%
3 years · compounded
▼ 5%
5 years · compounded
▼ 41%

Revenue has declined at a compounded annual rate (CAGR) of 16% over five years, including a 80% fall in the latest year. EBITDA fell 281% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
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-₹1.86 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹3.01 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin-223.6%
Net Profit Margin-360.8%
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

To see the full financial statements and ratios of Prime Downtown Estates Pvt Ltd, buy the company report.

Board of directors of Prime Downtown Estates Pvt Ltd

Prime Downtown Estates has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Rajiv Bharat Shah
Also directs: Lok Avidhi Properties LLP, General Hospitality LLP, Spear Realty LLP and 5 more
Director25 Oct 200422 Years 0 MonthsCurrent
Rashesh Bharat Shah
Also directs: General Hospitality LLP, Spear Realty LLP, R R Gold Mines LLP and 5 more
Director17 Sep 200422 Years 1 MonthsCurrent
View all directors

Peer comparison

Prime Downtown Estates Pvt Ltd is compared with the 6 companies closest to it by revenue in the Real Estate industry (Real Estate Marketing), with the same principal business activity (real estate activities with own or leased property), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Shubhali Constructions Private Limited₹84.28 Lakh (FY 2025)-78.0%Roorkee, Uttarakhand, India
Shree Khatu Shyam Colonizers Private Limited₹83.88 Lakh (FY 2024)-50.0%Jaipur, Rajasthan, India
CSB Projects Private Limited₹83.85 Lakh (FY 2025)-59.0%Ahmedabad, Gujarat, India
Prime Downtown Estates Pvt Ltdthis company₹83.39 Lakh (FY 2025)-₹3.01 Cr-360.8%-80.0%Mumbai, Maharashtra, India
Welldone Technology Parks Development Private Limited₹83.14 Lakh (FY 2025)101.0%Delhi, India
Akar Propcon Private Limited₹82.87 Lakh (FY 2024)1.0%Jaipur, Rajasthan, India
Padmawati Art Creation Private Limited₹82.71 Lakh (FY 2024)-43.0%Jodhpur, Rajasthan, India

To see the full peer comparison of Prime Downtown Estates Pvt Ltd, buy the company report.

Auditor

Prime Downtown Estates Pvt Ltd is audited by Udayavar Dhanesh Kumar & Associates for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Udayavar Dhanesh Kumar & AssociatesFY 2023119401W

Shareholding

The shareholding of Prime Downtown Estates Pvt Ltd is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Prime Downtown Estates Pvt Ltd, buy the company report.

Charges & borrowings

Open charges
₹392.74 Cr
Satisfied charges
₹21.66 Cr
Breakdown by lending institutions
Idbi Trusteeship Services Limited₹320.00 Cr
Others₹66.75 Cr
Bank of Credit & Commerce International (O/S) Ltd₹5.80 Cr
Hdfc Bank Limited₹0.13 Cr
The Kalol Nagarik Sahakari Bank Ltd.₹0.06 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
16 Sep 2023100842906Hdfc Bank Limited₹13.39 LakhOpen
09 Mar 2023100683556Others₹9 CrOpen
12 Feb 2019100249650Others₹57.75 CrOpen
30 Nov 2018100226032Idbi Trusteeship Services Limited₹320 CrOpen
07 Jul 199890376232The Kalol Nagarik Sahakari Bank Ltd.₹5.87 LakhOpen

To see the full charge records of Prime Downtown Estates Pvt Ltd, buy the company report.

Total charge records: 9 View all charges

Deals & funding

Prime Downtown Estates Pvt Ltd has 1 deal on record (1 secondary share transfer); the latest was in April 2018.

Total deals
1
Secondary share transfer
1

To see the full deal history of Prime Downtown Estates Pvt Ltd, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Prime Downtown Estates Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Group structure & subsidiaries

Prime Downtown Estates has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.

1
Subsidiary companies
Key subsidiaries
Company NameCINShares held
Rhiday Real Estate Developers Private LimitedU70100MH1997PTC110138

To see the full group structure of Prime Downtown Estates Pvt Ltd, buy the company report.

GST

Prime Downtown Estates has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAACP2635B1ZWMaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Prime Downtown Estates Pvt Ltd, buy the company report.

Recent activity

Prime Downtown Estates Pvt Ltd has 4 board changes on record since 2004: 3 appointments and 1 cessation. The latest: Bharat Shantilal Shah ceased to be Director on 01 Feb 2014.

AGM
Prime Downtown Estates Pvt Ltd last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Prime Downtown Estates Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.13 Cr with Charge ID 100842906 was registered on 16 Sep 2023.
Charges
A charge with Others amounted to Rs. 9.00 Cr with Charge ID 100683556 was registered on 09 Mar 2023.
Charges
A charge registered on 01 Feb 2018 via Charge ID 100152366 with Others was fully satisfied on 27 Feb 2023.
Charges
A charge with Idbi Trusteeship Services Limited of Rs. 320.00 Cr registered on 30 Nov 2018 with Charge ID 100226032 was modified on 16 Dec 2022.
Charges
A charge registered on 29 Jul 2021 via Charge ID 100465943 with Others was fully satisfied on 02 Mar 2022.
Charges
A charge with Others of Rs. 5.45 Cr registered on 29 Jul 2021 with Charge ID 100465943 was modified on 29 Jan 2022.
Charges
A charge with Others amounted to Rs. 5.45 Cr with Charge ID 100465943 was registered on 29 Jul 2021.
Charges
A charge registered on 27 Jan 2020 via Charge ID 100319985 with Others was fully satisfied on 28 Jul 2021.
Charges
A charge with Others of Rs. 7.00 Cr registered on 27 Jan 2020 with Charge ID 100319985 was modified on 25 Jan 2021.
Charges
A charge with Others amounted to Rs. 7.00 Cr with Charge ID 100319985 was registered on 27 Jan 2020.

10 earlier events are in the company report.

Frequently asked questions

Prime Downtown Estates is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate marketing and sales, within the real estate and construction industry. It was incorporated on 01 September 1988 (38+ years old) and is registered under CIN U70101MH1988PTC048702.

Prime Downtown Estates has 2 current directors:

The latest financial statements of Prime Downtown Estates on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Prime Downtown Estates is 27AAACP2635B1ZW, registered in Maharashtra.

The CIN (Corporate Identification Number) of Prime Downtown Estates is U70101MH1988PTC048702. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Prime Downtown Estates has 17 court cases on record: 4 filed by the company and 13 filed against it. 4 are pending. Most are in the high courts.

Prime Downtown Estates was incorporated on 01 September 1988, making it 38+ years old. It is registered with the Registrar of Companies, Mumbai.

Prime Downtown Estates has 1 deal on record (1 secondary share transfer); the latest was in April 2018.

The peers of Prime Downtown Estates by revenue are Shubhali Constructions Private Limited, Shree Khatu Shyam Colonizers Private Limited, CSB Projects Private Limited, Welldone Technology Parks Development Private Limited, Akar Propcon Private Limited and 1 more, all in the Real Estate industry (Real Estate Marketing), with the same principal business activity (real estate activities with own or leased property).

Bharat Shantilal Shah ceased to be Director on 01 Feb 2014. Bharat Shantilal Shah was appointed as Director on 15 Oct 2008. Rajiv Bharat Shah was appointed as Director on 25 Oct 2004. Prime Downtown Estates has 4 board changes on record in total.

Yes, Prime Downtown Estates is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-19-0199175).