Fortune Assets Pvt.Ltd

Construction and development company offering a wide range of services in various branches.

2008 | Ahmedabad, Gujarat (India) | Active
Last Updated: January 03, 2025

Fortune Assets.Ltd Profile

Key Indicators

  • Authorised Capital ₹ 1.01 Cr
  • Paid Up Capital ₹ 1.01 Cr
  • Company Age 16 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 425.00 Cr
  • Satisfied Charges ₹ 14.95 Cr
  • Revenue Growth 155.61%
  • Profit Growth 971.08%
  • Ebitda -112.90%
  • Net Worth 167.62%
  • Total Assets 7.45%

About Fortune Assets.Ltd

Fortune Assets Pvt.Ltd (FAP) is a Private Limited Indian Non-Government Company incorporated in India on 07 November 2008 and has a history of 16 years and three months. Its registered office is in Ahmedabad, Gujarat, India.

The Company is engaged in the Financial Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 1.01 Cr and a paid-up capital of Rs 1.01 Cr.

The company currently has active open charges totaling ₹425.00 Cr. The company has closed loans amounting to ₹14.95 Cr, as per Ministry of Corporate Affairs (MCA) records.

Sanjay Jha and Himanshu Garg serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U45202GJ2008PTC055380

  • Company No.

    055380

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 Nov 2008

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Financial Services

Who are the key members and board of directors at Fortune Assets.Ltd?

Board Members (2)

NameDesignationAppointment DateStatus
Sanjay Jha Country flag representing In Director 23-Mar-2022Current
Himanshu Garg Country flag representing In Director 23-Mar-2022Current

Financial Performance of Fortune Assets.Ltd.

Fortune Assets Pvt.Ltd, for the financial year ended 2022, experienced significant growth in revenue, with a 155.61% increase. The company also saw a substantial improvement in profitability, with a 971.08% increase in profit. The company's net worth Soared by an impressive increase of 167.62%.

Graph illustrating revenue growth over time
Graph showing 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
155.61%
Revenue from Operations
-22.79%
Total Assets
7.45%
Profit or Loss
971.08%
Net Worth
167.62%
EBITDA
-112.90%

What is the Ownership and Shareholding Structure of Fortune Assets.Ltd?

Unlock access to Fortune Assets.Ltd's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹425.00 Cr

Satisfied Charges

₹14.95 Cr

Charges Breakdown by Lending Institutions

  • Others : 425.00 Cr

Latest Charge Details

DateLenderAmountStatus
03 Jan 2020Others₹425.00 CrOpen
04 Oct 2021Others₹5.00 MSatisfied
24 May 2021Others₹3.95 CrSatisfied
21 May 2019Others₹7.00 MSatisfied
30 Mar 2017Others₹4.72 CrSatisfied

How Many Employees Work at Fortune Assets.Ltd?

Unlock and access historical data on people associated with Fortune Assets.Ltd, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Fortune Assets.Ltd, 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 Fortune Assets.Ltd'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 Fortune Assets.Ltd

Recent activity within the organization

  • Annual General Meeting

    Fortune Assets Pvt.Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Fortune Assets Pvt.Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Charges

    A charge with Others of Rs. 425.00 Cr registered on 03 Jan 2020 with Charge ID 100318950 was modified on 06 Apr 2023.

    06 Apr 2023

  • Director Appointment

    Sanjay Kumar Jha was appointed as a Director was appointed as a Director on 23 Mar 2022 & has been associated with this company since 2 years 11 months .

    23 Mar 2022

  • Director Appointment

    Himanshu Garg was appointed as a Director was appointed as a Director on 23 Mar 2022 & has been associated with this company since 2 years 11 months .

    23 Mar 2022

  • Charges

    A charge registered on 04 Oct 2021 via Charge ID 100488295 with Others was fully satisfied on 17 Jan 2022.

    17 Jan 2022

Frequently asked questions

  • Fortune Assets Pvt.Ltd was incorporated on 07 Nov 2008.

  • The authorized share capital of Fortune Assets Pvt.Ltd is ₹ 1.01 Cr and paid-up capital is ₹ 1.01 Cr.

  • Currently 2 directors are associated with Fortune Assets Pvt.Ltd.

    • Sanjay Kumar Jha
    • Himanshu Garg
  • As per Ministry of Corporate Affairs (Mca), the registered address of Fortune Assets Pvt.Ltd is B 37/2/2 Fifth Floor Ajanta Commercial Centre Income Tax Cross Road, Ashram India, Ahmadabad City, Gujarat, 380009.

  • The corporate identification number (CIN) of Fortune Assets Pvt.Ltd is U45202GJ2008PTC055380 and the company number is 055380 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Fortune Assets Pvt.Ltd has risen by 155.61%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Fortune Assets Pvt.Ltd has experienced an upsurge of 167.62%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Fortune Assets Pvt.Ltd amount to ₹ 425.00 Cr.

  • The most recent Balance Sheet for Fortune Assets Pvt.Ltd was filed with the ROC on 31 Mar 2024.

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