Fortune Fabrics Profile
Key Indicators
- Authorised Capital ₹ 3.00 M
as on 18-06-2024
- Paid Up Capital ₹ 2.96 M
as on 18-06-2024
- Company Age 19 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 2.21 Cr
as on 18-06-2024
- Revenue -41.85%
(FY 2023)
- Profit -53.94%
(FY 2023)
- Ebitda -721.39%
(FY 2023)
- Net Worth 0.48%
(FY 2023)
- Total Assets 0.24%
(FY 2023)
About Fortune Fabrics
The Company is engaged in the Manufacturing 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 3.00 M and a paid-up capital of Rs 2.96 M.
The company has closed loans amounting to ₹2.21 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Devam Parikh, Haren Parikh, and Jagruti Parikh serve as directors at the Company.
- CIN/LLPIN
U25200GJ2005PTC045767
- Company No.
045767
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
28 Mar 2005
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Company Details
- Location
Ahmedabad, Gujarat, India
- Telephone
- Email Address
- Website
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- Social Media-
Who are the key members and board of directors at Fortune Fabrics?
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Devam Parikh  | Director | 30-Sep-2017 | Current |
| Haren Parikh | Director | 01-Jun-2010 | Current |
| Jagruti Parikh | Director | 02-Feb-2010 | Current |
Financial Performance of Fortune Fabrics.
Fortune Fabrics Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 41.85% decrease. The company also saw a substantial fall in profitability, with a 53.94% decrease in profit. The company's net worth moved up by a moderate rise of 0.48%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Fortune Fabrics?
In 2022, Fortune Fabrics had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Devam Polyfab Private LimitedActive 4 years 3 monthsDevam Parikh and Jagruti Parikh are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Oriental Bank Of Commerce Creation Date: 11 Aug 2005 | ₹9.60 M | Satisfied |
Oriental Bank Of Commerce Creation Date: 11 Aug 2005 | ₹4.50 M | Satisfied |
Oriental Bank Of Commerce Creation Date: 10 Aug 2005 | ₹8.00 M | Satisfied |
How Many Employees Work at Fortune Fabrics?
Unlock and access historical data on people associated with Fortune Fabrics, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Fortune Fabrics, 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 Fabrics'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.
