Fortune Associates Private Limited

ISO-certified company trading iron ore and providing mining equipment and transportation services.

2008 | Kendujhar, Odisha (India) | Active
Last Updated:

Fortune Associates Profile

Key Indicators

  • Authorised Capital ₹ 25.00 Cr
  • Paid Up Capital ₹ 3.69 Cr
  • Company Age 16 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 8.24 M
  • Satisfied Charges ₹ 14.60 Cr
  • Revenue Growth 21.77%
  • Profit Growth 11.53%
  • Ebitda -83.85%
  • Net Worth 1.56%
  • Total Assets -7.00%

About Fortune Associates

Fortune Associates Private Limited (FAPL) is a Private Limited Indian Non-Government Company incorporated in India on 06 June 2008 and has a history of 16 years and ten months. Its registered office is in Kendujhar, Odisha, India.

The Company is engaged in the Metals And Minerals 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 25.00 Cr and a paid-up capital of Rs 3.69 Cr.

The company currently has active open charges totaling ₹8.24 M. The company has closed loans amounting to ₹14.60 Cr, as per Ministry of Corporate Affairs (MCA) records.

Manoj Munda and Bibhudatta Munda serve as directors at the Company.

Company Details

  • Location

    Kendujhar, Odisha, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U13209OR2008PTC010079

  • Company No.

    010079

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    06 Jun 2008

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Cuttack

Industry

Metals and Minerals
Transport and Logistics
Financial Services

What products or services does Fortune Associates Private Limited offer?

Fortune Associates Private Limited offers a wide range of products and services, including Minerals and Ores, Iron Ore.

Company report

Fortune Associates Private Limited

Explore comprehensive data for Fortune Associates Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Fortune Associates?

Executive Team (1)

NameDesignationAppointment DateStatus
Manoj Munda Country flag representing In Managing Director30-Jul-2009Current

Board Members (1)

NameDesignationAppointment DateStatus
Bibhudatta Munda Country flag representing In Director 30-Dec-2021Current

Financial Performance of Fortune Associates.

Fortune Associates Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 21.77% increase. The company also saw a substantial improvement in profitability, with a 11.53% increase in profit. The company's net worth moved up by a moderate rise of 1.56%.

Fortune Associates revenue growth over time
Fortune Associates 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
21.77%
Revenue from Operations
233.60%
Total Assets
-7.00%
Profit or Loss
11.53%
Net Worth
1.56%
EBITDA
-83.85%

What is the Ownership and Shareholding Structure of Fortune Associates?

Unlock access to Fortune Associates'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

₹0.82 Cr

Satisfied Charges

₹14.60 Cr

Charges Breakdown by Lending Institutions

  • Others : 0.82 Cr

Latest Charge Details

DateLenderAmountStatus
15 Dec 2017Others₹8.24 MOpen
29 Mar 2016Others₹1.00Open
30 Nov 2017Others₹2.58 CrSatisfied
22 Aug 2016Others₹7.01 MSatisfied
22 Aug 2016Others₹7.01 MSatisfied

How Many Employees Work at Fortune Associates?

Fortune Associates has a workforce of 0 employees as of Mar 31, 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 Fortune Associates Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Fortune Associates, 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 Associates'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 Associates

Recent activity within the organization

  • Annual General Meeting

    Fortune Associates Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Fortune Associates Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Cuttack.

  • Charges

    A charge registered on 30 Nov 2017 via Charge ID 100155472 with Others was fully satisfied on 23 Feb 2022.

  • Director Appointment

    Bibhudatta Munda was appointed as a Director was appointed as a Director on 30 Dec 2021 & has been associated with this company since 3 years 3 months .

  • Charges

    A charge with Others of Rs. 0.00 Cr registered on 29 Mar 2016 with Charge ID 100019035 was modified on 29 Jul 2021.

  • Charges

    A charge registered on 22 Aug 2016 via Charge ID 100058426 with Others was fully satisfied on 14 Jan 2021.

Frequently asked questions

  • What is the Incorporation or founding date of Fortune Associates Private Limited?

    Fortune Associates Private Limited was incorporated on 06 Jun 2008.

  • What is authorized share capital and paid-up capital of Fortune Associates Private Limited?

    The authorized share capital of Fortune Associates Private Limited is ₹ 25.00 Cr and paid-up capital is ₹ 3.69 Cr.

  • Who are the current board members & directors of Fortune Associates Private Limited?

    Currently 2 directors are associated with Fortune Associates Private Limited.

    • Manoj Kumar Munda
    • Bibhudatta Munda

  • What is the registered address of Fortune Associates Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Fortune Associates Private Limited is Plot No.155/2010 Pabitradiha Kamargadia, Unit-14 India, Keonjhar, Orissa, 758001.

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

    The corporate identification number (CIN) of Fortune Associates Private Limited is U13209OR2008PTC010079 and the company number is 010079 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Fortune Associates Private Limited?

    The Official website of Fortune Associates Private Limited is https://www.fortuneodisha.org

  • What has been the recent revenue trend for Fortune Associates Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Fortune Associates Private Limited has risen by 21.77%.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Fortune Associates Private Limited has experienced an upsurge of 1.56%.

  • What are the total open charges for Fortune Associates Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Fortune Associates Private Limited amount to ₹ 8.24 M.

  • When was the last Balance Sheet of Fortune Associates Private Limited filed with the ROC?

    The most recent Balance Sheet for Fortune Associates Private Limited was filed with the ROC on 31 Mar 2024.

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