Fortune Elastomers Profile
Key Indicators
- Authorised Capital ₹ 8.00 M
- Paid Up Capital ₹ 8.00 M
- Company Age 25 Year, 1 Month
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 53.11 Cr
- Satisfied Charges ₹ 17.68 Cr
- Revenue Growth 17.37%
- Profit Growth -11.54%
- Ebitda 1.20%
- Net Worth 5.54%
- Total Assets 22.32%
About Fortune Elastomers
Fortune Elastomers Private Limited (FEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 17 February 2000 and has a history of 25 years and one month. Its registered office is in Kozhikode, Kerala, India.
The Company is engaged in the Consumer Goods 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 8.00 M and a paid-up capital of Rs 8.00 M.
The company currently has active open charges totaling ₹53.11 Cr. The company has closed loans amounting to ₹17.68 Cr, as per Ministry of Corporate Affairs (MCA) records.
Hameedali, Mammed Vkc, Ummer Farook, and Two other members serve as directors at the Company.
Company Details
- Location
Kozhikode, Kerala, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U25199KL2000PTC013687
- Company No.
013687
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
17 Feb 2000
- Date of AGM
25 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Ernakulam
Industry
Consumer Goods
Who are the key members and board of directors at Fortune Elastomers?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Hameedali  | Managing Director | 17-Feb-2000 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Mammed Vkc | Director | 24-Jan-2022 | Current |
| Ummer Farook | Whole-Time Director | 23-Jun-2009 | Current |
| Veluthedath Kareem | Director | 31-Mar-2003 | Current |
| Abdul Moideen | Director | 31-Mar-2003 | Current |
Financial Performance of Fortune Elastomers.
Fortune Elastomers Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 17.37% increase. The company also saw a substantial fall in profitability, with a 11.54% decrease in profit. The company's net worth moved up by a moderate rise of 5.54%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Fortune Elastomers?
In 2023, Fortune Elastomers had a promoter holding of 36.58% and a public holding of 63.42%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Blue Tyga Shoes Private LimitedAbdul Moideen is a mutual person
- Euphoric Innovations Private Limited
Abdul Moideen is a mutual person
- Vkc Plastomers India Private Limited
Hameedali, Mammed Vkc and 2 more are mutual person
- Vkc Shoes And Allied Products India Private Limited
Mammed Vkc and Ummer Farook are mutual person
- Veekesy Sandals (India) Private Limited
Mammed Vkc is a mutual person
- Slipons India Private Limited
Mammed Vkc is a mutual person
Charges (Loans)
Open Charges
₹531.05 M
Satisfied Charges
₹176.80 M
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 37.31 Cr
- Others : 13.00 Cr
- Hdfc Bank Limited : 2.80 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Sep 2022 | Axis Bank Limited | ₹37.31 Cr | Open |
| 28 Dec 2021 | Hdfc Bank Limited | ₹1.50 Cr | Open |
| 28 Dec 2021 | Hdfc Bank Limited | ₹1.30 Cr | Open |
| 26 Sep 2019 | Others | ₹13.00 Cr | Open |
| 05 Nov 2021 | Others | ₹4.40 M | Satisfied |
How Many Employees Work at Fortune Elastomers?
Fortune Elastomers has a workforce of 315 employees as of Apr 05, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Fortune Elastomers, 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 Elastomers's trajectory.
Rating
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
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 Elastomers
Recent activity within the organization
- Annual General Meeting
Fortune Elastomers Private Limited last Annual general meeting of members was held on 25 Sep 2023 as per latest MCA records.
- Charges
A charge with Axis Bank Limited of Rs. 373.10 M registered on 29 Sep 2022 with Charge ID 100620041 was modified on 14 Jul 2023.
- Balance Sheet
Fortune Elastomers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ernakulam.
- Charges
A charge registered on 05 Nov 2021 via Charge ID 100505465 with Others was fully satisfied on 13 Oct 2022.
- Charges
A charge registered on 28 Sep 2021 via Charge ID 100491222 with Others was fully satisfied on 13 Oct 2022.
- Charges
A charge registered on 30 Jun 2015 via Charge ID 10580346 with Others was fully satisfied on 13 Oct 2022.
Recent News, Updates & Announcement
Frequently asked questions
What is the Incorporation or founding date of Fortune Elastomers Private Limited?
Fortune Elastomers Private Limited was incorporated on 17 Feb 2000.
What is authorized share capital and paid-up capital of Fortune Elastomers Private Limited?
The authorized share capital of Fortune Elastomers Private Limited is ₹ 8.00 M and paid-up capital is ₹ 8.00 M.
Who are the current board members & directors of Fortune Elastomers Private Limited?
Currently 5 directors are associated with Fortune Elastomers Private Limited.
- Hameedali
- Mammed Koya Vkc
- Ummer Farook
- Veluthedath Mohammed Abdul Kareem
- Abdul Salam Pathoor Unni Moideen
What is the registered address of Fortune Elastomers Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Fortune Elastomers Private Limited is Door No 7/121 C Nh-17 Kundayithode, P.O Kolathara India, Kozhikode, Kerala, 673655.
What is the corporate identification number (CIN) and company number of Fortune Elastomers Private Limited?
The corporate identification number (CIN) of Fortune Elastomers Private Limited is U25199KL2000PTC013687 and the company number is 013687 as per Ministry of Corporate Affairs (MCA).
What is the official website of Fortune Elastomers Private Limited?
The Official website of Fortune Elastomers Private Limited is https://www.vkcgroup.com
What has been the recent revenue trend for Fortune Elastomers Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Fortune Elastomers Private Limited has risen by 17.37%.
How many employees does Fortune Elastomers Private Limited currently have?
As Per 2023 financial reports, 315 employees are currently employed by Fortune Elastomers Private Limited.
What change has been observed in the net worth of Fortune Elastomers Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Fortune Elastomers Private Limited has experienced an upsurge of 5.54%.
What are the total open charges for Fortune Elastomers Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Fortune Elastomers Private Limited amount to ₹ 53.11 Cr.
When was the last Balance Sheet of Fortune Elastomers Private Limited filed with the ROC?
The most recent Balance Sheet for Fortune Elastomers Private Limited was filed with the ROC on 31 Mar 2023.
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