Fortune Drugs Limited

Provides construction and manufacturing services for various formulations chemicals and biochemicals.

1991 | Moga, Punjab (India) | Active
Last Updated: July 18, 2024

Fortune Drugs Profile

Key Indicators

  • Authorised Capital ₹ 1.25 Cr
  • Paid Up Capital ₹ 1.25 Cr
  • Company Age 33 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.47 Cr
  • Revenue Growth %
  • Profit Growth 48.86%
  • Ebitda 50.00%
  • Net Worth
  • Total Assets -24.48%

About Fortune Drugs

Fortune Drugs Limited (FDL) is a Public Limited Indian Non-Government Company incorporated in India on 24 April 1991 and has a history of 33 years and nine months. Its registered office is in Moga, Punjab, India.

The Company is engaged in the Pharma 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 1.25 Cr and a paid-up capital of Rs 1.25 Cr.

The company currently has active open charges totaling ₹2.47 Cr.

Sohrab Gill, Abani Gill, and Jasjit Gill serve as directors at the Company.

Company Details

  • Location

    Moga, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U24232PB1991PLC011297

  • Company No.

    011297

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    24 Apr 1991

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Pharma

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

Executive Team (1)

Name Designation Appointment Date Status
Jasjit Gill Country flag representing In Managing Director 02-Jul-2012 Current

Board Members (2)

Name Designation Appointment Date Status
Sohrab Gill Country flag representing In Director 07-May-2019 Current
Abani Gill Country flag representing In Director 31-May-2018 Current

Financial Performance of Fortune Drugs.

Fortune Drugs Limited, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 48.86% increase in profit. The company's net worth witnessed no change by increase of 0%.

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
Revenue from Operations
Total Assets
-24.48%
Profit or Loss
48.86%
Net Worth
EBITDA
50.00%

What is the Ownership and Shareholding Structure of Fortune Drugs?

In 2022, Fortune Drugs had a public 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

₹2.47 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Punjab State Ind. Development Corp. Ltd. : 1.50 Cr
  • Punjab Financial Corporation : 0.85 Cr
  • Canara Bank : 0.12 Cr

Latest Charge Details

Date Lender Amount Status
04 Dec 1996 Punjab State Ind. Development Corp. Ltd. ₹5.00 M Open
04 Dec 1996 Punjab State Ind. Development Corp. Ltd. ₹1.00 Cr Open
09 Feb 1994 Canara Bank ₹1.20 M Open
17 Sep 1992 Punjab Financial Corporation ₹8.46 M Open

How Many Employees Work at Fortune Drugs?

Unlock and access historical data on people associated with Fortune Drugs, 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 Drugs, 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 Drugs'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 Drugs

Recent activity within the organization

  • Annual General Meeting

    Fortune Drugs Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Fortune Drugs Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.

    31 Mar 2023

  • Director Appointment

    Sohrab Singh Gill was appointed as a Director was appointed as a Director on 07 May 2019 & has been associated with this company since 5 years 8 months .

    07 May 2019

  • Director Appointment

    Abani Gill was appointed as a Director was appointed as a Director on 31 May 2018 & has been associated with this company since 6 years 8 months .

    31 May 2018

  • Director Appointment

    Jasjit Gill was appointed as a Managing Director was appointed as a Managing Director on 02 Jul 2012 & has been associated with this company since 12 years 7 months .

    02 Jul 2012

  • Charges

    A charge with Punjab State Ind. Development Corp. Ltd. of Rs. 0.50 Cr registered on 04 Dec 1996 with Charge ID 90170783 was modified on 23 Jan 1997.

    23 Jan 1997

Frequently asked questions

  • Fortune Drugs Limited was incorporated on 24 Apr 1991.

  • The authorized share capital of Fortune Drugs Limited is ₹ 1.25 Cr and paid-up capital is ₹ 1.25 Cr.

  • Currently 3 directors are associated with Fortune Drugs Limited.

    • Sohrab Singh Gill
    • Abani Gill
    • Jasjit Gill
  • As per Ministry of Corporate Affairs (Mca), the registered address of Fortune Drugs Limited is Mehmamali Road Behind Focal Point, Moga, Punjab, India.

  • The corporate identification number (CIN) of Fortune Drugs Limited is U24232PB1991PLC011297 and the company number is 011297 as per Ministry of Corporate Affairs (MCA).

  • As per the financial statements for fiscal Year 2023, The total open charges for Fortune Drugs Limited amount to ₹ 2.47 Cr.

  • The most recent Balance Sheet for Fortune Drugs Limited was filed with the ROC on 31 Mar 2023.

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