Fortune Elastomers Private Limited

Manufacturer of synthetic and plastic footwear under the brand 'VKC Pride' since 2000.

2000 | Kozhikode, Kerala (India) | Active
Last Updated:

Fortune Elastomers Profile

Key Indicators

  • Authorised Capital ₹ 8.00 M
  • Paid Up Capital ₹ 8.00 M
  • Company Age 25 Year, 2 Months
  • 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 two months. 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
Company report

Fortune Elastomers Private Limited

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

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

Executive Team (1)

NameDesignationAppointment DateStatus
Hameedali Country flag representing In Managing Director17-Feb-2000Current

Board Members (4)

NameDesignationAppointment DateStatus
Mammed Vkc Country flag representing In Director 24-Jan-2022Current
Ummer Farook Country flag representing In Whole-Time Director 23-Jun-2009Current
Veluthedath Kareem Country flag representing In Director 31-Mar-2003Current
Abdul Moideen Country flag representing In Director 31-Mar-2003Current

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%.

Fortune Elastomers revenue growth over time
Fortune Elastomers 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
17.37%
Revenue from Operations
17.53%
Total Assets
22.32%
Profit or Loss
-11.54%
Net Worth
5.54%
EBITDA
1.20%

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.

Shareholding Indicator graph

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

DateLenderAmountStatus
29 Sep 2022Axis Bank Limited₹37.31 CrOpen
28 Dec 2021Hdfc Bank Limited₹1.50 CrOpen
28 Dec 2021Hdfc Bank Limited₹1.30 CrOpen
26 Sep 2019Others₹13.00 CrOpen
05 Nov 2021Others₹4.40 MSatisfied

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.

Employee growth trends for Fortune Elastomers Private Limited

Deals i

Graph showing company valuation over time

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

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 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.

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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