Fortis Chemicals Private Limited

Specialty chemical and synthetic resin manufacturer with 3,000 MT/year and 1,200 MT/year production capacity.

2005 | Jharsuguda, Odisha (India) | Active
Last Updated:

Fortis Chemicals Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.68 Cr
  • Company Age 19 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 82.60 Cr
  • Satisfied Charges ₹ 12.80 Cr
  • Revenue Growth 131.94%
  • Profit Growth 14.60%
  • Ebitda 38.21%
  • Net Worth 11.16%
  • Total Assets 52.68%

About Fortis Chemicals

Fortis Chemicals Private Limited (FCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 18 October 2005 and has a history of 19 years and four months. Its registered office is in Jharsuguda, Odisha, India.

The Corporate was formerly known as Fortis Chemical Private Limited. The Company is engaged in the Chemicals And Materials Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 2.00 Cr and a paid-up capital of Rs 1.68 Cr.

The company currently has active open charges totaling ₹82.60 Cr. The company has closed loans amounting to ₹12.80 Cr, as per Ministry of Corporate Affairs (MCA) records.

Rajesh Agrawal and Deepak Agrawal serve as directors at the Company.

Company Details

  • Location

    Jharsuguda, Odisha, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U24110OR2005PTC025923

  • Company No.

    025923

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    18 Oct 2005

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Cuttack

Industry

Chemicals and Materials

Who are the key members and board of directors at Fortis Chemicals?

Board Members (2)

NameDesignationAppointment DateStatus
Rajesh Agrawal Country flag representing In Director 18-Oct-2005Current
Deepak Agrawal Country flag representing In Director 18-Oct-2005Current

Financial Performance of Fortis Chemicals.

Fortis Chemicals Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 131.94% increase. The company also saw a substantial improvement in profitability, with a 14.6% increase in profit. The company's net worth Soared by an impressive increase of 11.16%.

Fortis Chemicals revenue growth over time
Fortis Chemicals profit and loss trends over time
  • 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
131.94%
Revenue from Operations
131.92%
Total Assets
52.68%
Profit or Loss
14.60%
Net Worth
11.16%
EBITDA
38.21%

What is the Ownership and Shareholding Structure of Fortis Chemicals?

In 2021, Fortis Chemicals had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹82.60 Cr

Satisfied Charges

₹12.80 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 52.19 Cr
  • Others : 30.41 Cr

Latest Charge Details

DateLenderAmountStatus
31 Oct 2022Axis Bank Limited₹1.15 CrOpen
10 Nov 2021Others₹30.41 CrOpen
30 Dec 2019Axis Bank Limited₹5.00 MOpen
19 Mar 2019Axis Bank Limited₹5.41 MOpen
08 Mar 2016Axis Bank Limited₹50.00 CrOpen

How Many Employees Work at Fortis Chemicals?

Fortis Chemicals has a workforce of 38 employees as of Apr 08, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Fortis Chemicals Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Fortis Chemicals, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Fortis Chemicals's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Fortis Chemicals

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 30.41 Cr registered on 10 Nov 2021 with Charge ID 100506762 was modified on 29 Nov 2023.

  • Charges

    A charge with Axis Bank Limited of Rs. 50.00 Cr registered on 08 Mar 2016 with Charge ID 100017948 was modified on 15 Nov 2023.

  • Annual General Meeting

    Fortis Chemicals Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Fortis Chemicals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Cuttack.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 1.15 Cr with Charge ID 100646828 was registered on 31 Oct 2022.

  • Charges

    A charge with Others amounted to Rs. 30.41 Cr with Charge ID 100506762 was registered on 10 Nov 2021.

Frequently asked questions

  • What is the Incorporation or founding date of Fortis Chemicals Private Limited?

    Fortis Chemicals Private Limited was incorporated on 18 Oct 2005.

  • What is authorized share capital and paid-up capital of Fortis Chemicals Private Limited?

    The authorized share capital of Fortis Chemicals Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.68 Cr.

  • Who are the current board members & directors of Fortis Chemicals Private Limited?

    Currently 2 directors are associated with Fortis Chemicals Private Limited.

    • Rajesh Kumar Agrawal
    • Deepak Agrawal

  • What is the registered address of Fortis Chemicals Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Fortis Chemicals Private Limited is 02Nd Floor Krishna Centre Opp. Neo Height Apartments, Vedanta Road India, Jharsuguda, Orissa, 768201.

  • What is the corporate identification number (CIN) and company number of Fortis Chemicals Private Limited?

    The corporate identification number (CIN) of Fortis Chemicals Private Limited is U24110OR2005PTC025923 and the company number is 025923 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Fortis Chemicals Private Limited?

    The Official website of Fortis Chemicals Private Limited is https://www.fortischemicals.com

  • What has been the recent revenue trend for Fortis Chemicals Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Fortis Chemicals Private Limited has risen by 131.94%.

  • How many employees does Fortis Chemicals Private Limited currently have?

    As Per 2022 financial reports, 38 employees are currently employed by Fortis Chemicals Private Limited.

  • What change has been observed in the net worth of Fortis Chemicals Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Fortis Chemicals Private Limited has experienced an upsurge of 11.16%.

  • What are the total open charges for Fortis Chemicals Private Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Fortis Chemicals Private Limited amount to ₹ 82.60 Cr.

  • When was the last Balance Sheet of Fortis Chemicals Private Limited filed with the ROC?

    The most recent Balance Sheet for Fortis Chemicals Private Limited was filed with the ROC on 31 Mar 2023.

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