Fortuna Engineering Private Limited

Precision auto component machining for Indian OEMs, with multiple units and high annual capacity.

1989 | Nashik, Maharashtra (India) | Active
Last Updated:

Fortuna Engineering Profile

Key Indicators

  • Authorised Capital ₹ 12.00 Cr
  • Paid Up Capital ₹ 9.03 Cr
  • Company Age 35 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 125.51 Cr
  • Satisfied Charges ₹ 63.50 Cr
  • Revenue Growth 35.34%
  • Profit Growth 37.56%
  • Ebitda 24.02%
  • Net Worth 19.69%
  • Total Assets 15.90%

About Fortuna Engineering

Fortuna Engineering Private Limited (FEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 25 September 1989 and has a history of 35 years and five months. Its registered office is in Nashik, Maharashtra, India.

The Corporate was formerly known as Fortuna Engineering (Nasik) Pvt Ltd. The Company is engaged in the Automotive 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 12.00 Cr and a paid-up capital of Rs 9.03 Cr.

The company currently has active open charges totaling ₹125.51 Cr. The company has closed loans amounting to ₹63.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

Suriyanarayanan Ramasubbu, Uma Suriyanarayanan, and Srinivasan Venkatanarayanan serve as directors at the Company.

Company Details

  • Location

    Nashik, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    fortunaengineering.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U29220MH1989PTC053624

  • Company No.

    053624

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    25 Sep 1989

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Automotive

What products or services does Fortuna Engineering Private Limited offer?

Fortuna Engineering Private Limited offers a wide range of products and services, including Engine & Engine Spare Parts, Engine Components.

Who are the key members and board of directors at Fortuna Engineering?

Executive Team (1)

NameDesignationAppointment DateStatus
Suriyanarayanan Ramasubbu Country flag representing In Managing Director25-Sep-1989Current

Board Members (2)

NameDesignationAppointment DateStatus
Uma Suriyanarayanan Country flag representing In Director 02-Apr-2002Current
Srinivasan Venkatanarayanan Country flag representing In Director 08-Mar-2011Current

Financial Performance of Fortuna Engineering.

Fortuna Engineering Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 35.34% increase. The company also saw a substantial improvement in profitability, with a 37.56% increase in profit. The company's net worth Soared by an impressive increase of 19.69%.

Fortuna Engineering revenue growth over time
Fortuna Engineering 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
35.34%
Revenue from Operations
35.26%
Total Assets
15.90%
Profit or Loss
37.56%
Net Worth
19.69%
EBITDA
24.02%

What is the Ownership and Shareholding Structure of Fortuna Engineering?

In 2023, Fortuna Engineering had a promoter holding of 76.18% and a public holding of 23.82%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹125.51 Cr

Satisfied Charges

₹63.50 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 68.51 Cr
  • Axis Bank Limited : 33.50 Cr
  • Others : 23.50 Cr

Latest Charge Details

DateLenderAmountStatus
26 Dec 2023Hdfc Bank Limited₹1.74 MOpen
22 Nov 2023Axis Bank Limited₹10.00 CrOpen
13 Sep 2023Hdfc Bank Limited₹18.75 CrOpen
12 Oct 2022Hdfc Bank Limited₹0.98 MOpen
11 Apr 2022Hdfc Bank Limited₹0.68 MOpen

How Many Employees Work at Fortuna Engineering?

Fortuna Engineering has a workforce of 154 employees as of Apr 09, 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 Fortuna Engineering Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Fortuna Engineering, 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 Fortuna Engineering'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 Fortuna Engineering

Recent activity within the organization

  • Charges

    A charge with Axis Bank Limited of Rs. 10.00 Cr registered on 22 Nov 2023 with Charge ID 100825819 was modified on 10 May 2024.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.17 Cr with Charge ID 100877755 was registered on 26 Dec 2023.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 10.00 Cr with Charge ID 100825819 was registered on 22 Nov 2023.

  • Annual General Meeting

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

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 18.75 Cr with Charge ID 100843050 was registered on 13 Sep 2023.

  • Charges

    A charge with Axis Bank Limited of Rs. 2.00 Cr registered on 30 Sep 2021 with Charge ID 100485113 was modified on 09 Aug 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Fortuna Engineering Private Limited?

    Fortuna Engineering Private Limited was incorporated on 25 Sep 1989.

  • What is authorized share capital and paid-up capital of Fortuna Engineering Private Limited?

    The authorized share capital of Fortuna Engineering Private Limited is ₹ 12.00 Cr and paid-up capital is ₹ 9.03 Cr.

  • Who are the current board members & directors of Fortuna Engineering Private Limited?

    Currently 3 directors are associated with Fortuna Engineering Private Limited.

    • Suriyanarayanan Ramasubbu
    • Uma Suriyanarayanan
    • Srinivasan Venkatanarayanan

  • What is the registered address of Fortuna Engineering Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Fortuna Engineering Private Limited is E-109MidcAmbadNashik., Maharashtra, India, 422010.

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

    The corporate identification number (CIN) of Fortuna Engineering Private Limited is U29220MH1989PTC053624 and the company number is 053624 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Fortuna Engineering Private Limited?

    The Official website of Fortuna Engineering Private Limited is https://www.fortunaengineering.com

  • What has been the recent revenue trend for Fortuna Engineering Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Fortuna Engineering Private Limited has risen by 35.34%.

  • How many employees does Fortuna Engineering Private Limited currently have?

    As Per 2023 financial reports, 154 employees are currently employed by Fortuna Engineering Private Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Fortuna Engineering Private Limited has experienced an upsurge of 19.69%.

  • What are the total open charges for Fortuna Engineering Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Fortuna Engineering Private Limited amount to ₹ 125.51 Cr.

  • When was the last Balance Sheet of Fortuna Engineering Private Limited filed with the ROC?

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

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