Fortune Chemicals Limited

Chemical trading and distribution company offering pharmaceuticals, nutraceuticals, and medical devices globally since 1989.

1989 | Ahmedabad, Gujarat (India) | Active
Last Updated: December 27, 2024

Fortune Chemicals Profile

Key Indicators

  • Authorised Capital ₹ 6.90 Cr
  • Paid Up Capital ₹ 6.90 Cr
  • Company Age 35 Year, 4 Months
  • Last Filing with ROC 31 Mar 2021
  • Revenue Growth 2043.69%
  • Profit Growth 5783.42%
  • Ebitda 6271.98%
  • Net Worth 3.93%
  • Total Assets -3.71%

About Fortune Chemicals

Fortune Chemicals Limited (FCL) is a leading Public Limited Indian Non-Government Company incorporated in India on 28 September 1989 and has a history of 35 years and four months. Its registered office is in Ahmedabad, Gujarat, India.

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 2021. It's a company limited by shares with an authorized capital of Rs 6.90 Cr and a paid-up capital of Rs 6.90 Cr, as per Ministry of Corporate Affairs (MCA) records.

Giriraj Mundhra, Avanish Singh, and Sanjay Desai serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U24231GJ1989PLC012806

  • Company No.

    012806

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    28 Sep 1989

  • Date of AGM

    30 Nov 2021

  • Date of Balance Sheet

    31 Mar 2021

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Chemicals and Materials

What products or services does Fortune Chemicals Limited offer?

Fortune Chemicals Limited offers a wide range of products and services, including Surgical & ICU Equipments, Nebulizer Machine & Parts, Dryers & Evaporators, Evaporator.

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

Board Members (3)

Name Designation Appointment Date Status
Avanish Singh Country flag representing In Director 05-Jun-2018 Current
Giriraj Mundhra Country flag representing In Additional Director 12-Jun-2019 Current
Sanjay Desai Country flag representing In Additional Director 02-May-2015 Current

Financial Performance of Fortune Chemicals.

Fortune Chemicals Limited, for the financial year ended 2020, experienced significant growth in revenue, with a 2043.69% increase. The company also saw a substantial improvement in profitability, with a 5783.42% increase in profit. The company's net worth moved up by a moderate rise of 3.93%.

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
2043.69%
Revenue from Operations
2044.68%
Total Assets
-3.71%
Profit or Loss
5783.42%
Net Worth
3.93%
EBITDA
6271.98%

What is the Ownership and Shareholding Structure of Fortune Chemicals?

In 2020, Fortune Chemicals had a promoter holding of 24.32% and a public holding of 75.68%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Fortune Chemicals?

Unlock and access historical data on people associated with Fortune Chemicals, 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 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 Fortune 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 Fortune Chemicals

Recent activity within the organization

  • Annual General Meeting

    Fortune Chemicals Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.

    30 Nov 2021

  • Balance Sheet

    Fortune Chemicals Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Ahmedabad.

    31 Mar 2021

  • Director Appointment

    Giriraj Ratan Mundhra was appointed as a Additional Director was appointed as a Additional Director on 12 Jun 2019 & has been associated with this company since 5 years 7 months .

    12 Jun 2019

  • Director Appointment

    Avanish Kumar Singh was appointed as a Director was appointed as a Director on 05 Jun 2018 & has been associated with this company since 6 years 7 months .

    05 Jun 2018

  • Director Appointment

    Sanjay Babubhai Desai was appointed as a Additional Director was appointed as a Additional Director on 02 May 2015 & has been associated with this company since 9 years 9 months .

    02 May 2015

  • Company Incorporation

    Fortune Chemicals Limited was registered on 28 Sep 1989 with Roc Ahmedabad & aged 35 years 4 months as per MCA records.

    28 Sep 1989

Frequently asked questions

  • Fortune Chemicals Limited was incorporated on 28 Sep 1989.

  • The authorized share capital of Fortune Chemicals Limited is ₹ 6.90 Cr and paid-up capital is ₹ 6.90 Cr.

  • Currently 3 directors are associated with Fortune Chemicals Limited.

    • Giriraj Ratan Mundhra
    • Avanish Kumar Singh
    • Sanjay Babubhai Desai
  • As per Ministry of Corporate Affairs (Mca), the registered address of Fortune Chemicals Limited is 203 Sukanmall 2Nd Floor Near Visat Petrol Pump Sabarmati Gandinagar Road, Sabarmati India, Ahmedabad, Gujarat, 380005.

  • The corporate identification number (CIN) of Fortune Chemicals Limited is U24231GJ1989PLC012806 and the company number is 012806 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Fortune Chemicals Limited is https://www.fortunechem.in

  • According to the financial reports for the fiscal year 2020, the revenue trend for Fortune Chemicals Limited has risen by 2043.69%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Fortune Chemicals Limited has experienced an upsurge of 3.93%.

  • The most recent Balance Sheet for Fortune Chemicals Limited was filed with the ROC on 31 Mar 2021.

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