Fortune Finance Limited
Founded in 1988 and headquartered in Tamil Nadu, India.
1988 | Ramanathapuram, Tamil Nadu (India) | Active
Fortune Finance Profile
Key Indicators
- Authorised Capital ₹ 4.50 Cr
- Paid Up Capital ₹ 1.25 Cr
- Company Age 36 Year, 4 Months
- Last Filing with ROC 31 Mar 2024
About Fortune Finance
Fortune Finance Limited (FFL) is a Public Limited Indian Non-Government Company incorporated in India on 11 October 1988 and has a history of 36 years and four months. Its registered office is in Ramanathapuram, Tamil Nadu, India.
The Company is engaged in the Financial Services Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 4.50 Cr and a paid-up capital of Rs 1.25 Cr, as per Ministry of Corporate Affairs (MCA) records.
Vasu Bhuwalka, Vhimal Bhuwalka, Vinay Bhuwalka, and One other member serve as directors at the Company.
Company Details
- Location
Ramanathapuram, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
-
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U65191TN1988PLC016332
- Company No.
016332
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
11 Oct 1988
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Financial Services
Who are the key members and board of directors at Fortune Finance?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vasu Bhuwalka  | Managing Director | 07-Mar-1994 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Vhimal Bhuwalka | Director | 04-Dec-1993 | Current |
| Vinay Bhuwalka | Director | 04-Oct-1989 | Current |
| Mahammad Ali | Additional Director | 24-Jul-2019 | Current |
Financial Performance of Fortune Finance.
Fortune Finance Limited, for the financial year ended 2017, experienced no change in revenue, with a 0% increase. The company also saw a no change in profitability, with a 0% increase in profit. The company's net worth witnessed no change by increase of 0%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Fortune Finance?
In 2017, Fortune Finance had a promoter holding of 28.97% and a public holding of 71.03%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Kfl Enterprises (India) Limited
Vasu Bhuwalka, Vhimal Bhuwalka and 1 more are mutual person
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Fortune Finance?
Unlock and access historical data on people associated with Fortune Finance, 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 Finance, 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 Finance'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 Finance
Recent activity within the organization
- Annual General Meeting
Fortune Finance Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Fortune Finance Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
- Director Appointment
Mahammad Azghar Ali was appointed as a Additional Director was appointed as a Additional Director on 24 Jul 2019 & has been associated with this company since 5 years 7 months .
- Director Appointment
Vasu Bhuwalka was appointed as a Managing Director was appointed as a Managing Director on 07 Mar 1994 & has been associated with this company since 30 years 11 months .
- Director Appointment
Vhimal Kumar Bhuwalka was appointed as a Director was appointed as a Director on 04 Dec 1993 & has been associated with this company since 31 years 3 months .
- Director Appointment
Vinay Bhuwalka was appointed as a Director was appointed as a Director on 04 Oct 1989 & has been associated with this company since 35 years 5 months .
Frequently asked questions
What is the Incorporation or founding date of Fortune Finance Limited?
Fortune Finance Limited was incorporated on 11 Oct 1988.
What is authorized share capital and paid-up capital of Fortune Finance Limited?
The authorized share capital of Fortune Finance Limited is ₹ 4.50 Cr and paid-up capital is ₹ 1.25 Cr.
Who are the current board members & directors of Fortune Finance Limited?
Currently 4 directors are associated with Fortune Finance Limited.
- Vasu Bhuwalka
- Vhimal Kumar Bhuwalka
- Vinay Bhuwalka
- Mahammad Azghar Ali
What is the registered address of Fortune Finance Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Fortune Finance Limited is 374 A.M. Lodge, Room No. 1 Vandikara Street India, Ramanathapuram, Tamil Nadu, 623501.
What is the corporate identification number (CIN) and company number of Fortune Finance Limited?
The corporate identification number (CIN) of Fortune Finance Limited is U65191TN1988PLC016332 and the company number is 016332 as per Ministry of Corporate Affairs (MCA).
When was the last Balance Sheet of Fortune Finance Limited filed with the ROC?
The most recent Balance Sheet for Fortune Finance Limited was filed with the ROC on 31 Mar 2024.