Fortune Foundries Private Limited

Manufactures steel castings for various industries, up to 1000 kg in weight.

2009 | Kolhapur, Maharashtra (India) | Active
Last Updated:

Fortune Foundries Profile

Key Indicators

  • Authorised Capital ₹ 8.25 Cr
  • Paid Up Capital ₹ 8.25 Cr
  • Company Age 15 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 5.29 Cr
  • Satisfied Charges ₹ 5.00 M
  • Revenue Growth -37.96%
  • Profit Growth -656.13%
  • Ebitda -87.16%
  • Net Worth -39.25%
  • Total Assets -1.97%

About Fortune Foundries

Fortune Foundries Private Limited (FFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 12 October 2009 and has a history of 15 years and seven months. Its registered office is in Kolhapur, Maharashtra, India.

The Company is engaged in the Engineering 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 8.25 Cr and a paid-up capital of Rs 8.25 Cr.

The company currently has active open charges totaling ₹5.29 Cr. The company has closed loans amounting to ₹5.00 M, as per Ministry of Corporate Affairs (MCA) records.

Ajit Otavanekar, Suresh Jadhav, and Rushikesh Anawkar serve as directors at the Company.

Company Details

  • Location

    Kolhapur, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27310PN2009PTC134787

  • Company No.

    134787

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    12 Oct 2009

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Engineering
Manufacturing
Company report

Fortune Foundries Private Limited

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

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

Executive Team (1)

NameDesignationAppointment DateStatus
Ajit Otavanekar Country flag representing In Managing Director12-Oct-2009Current

Board Members (2)

NameDesignationAppointment DateStatus
Suresh Jadhav Country flag representing In Director 12-Oct-2009Current
Rushikesh Anawkar Country flag representing In Director 12-Oct-2009Current

Financial Performance of Fortune Foundries.

Fortune Foundries Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 37.96% decrease. The company also saw a substantial fall in profitability, with a 656.13% decrease in profit. The company's net worth observed a substantial decline by a decrease of 39.25%.

Fortune Foundries revenue growth over time
Fortune Foundries 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
-37.96%
Revenue from Operations
-37.99%
Total Assets
-1.97%
Profit or Loss
-656.13%
Net Worth
-39.25%
EBITDA
-87.16%

What is the Ownership and Shareholding Structure of Fortune Foundries?

In 2020, Fortune Foundries had a promoter 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

₹5.29 Cr

Satisfied Charges

₹0.50 Cr

Charges Breakdown by Lending Institutions

  • Others : 5.29 Cr

Latest Charge Details

DateLenderAmountStatus
23 Dec 2021Others₹8.00 MOpen
19 Jun 2020Others₹4.94 MOpen
06 Aug 2010Others₹4.00 CrOpen
22 Oct 2018Others₹5.00 MSatisfied

How Many Employees Work at Fortune Foundries?

Fortune Foundries has a workforce of 35 employees as of Apr 09, 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 Foundries Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Fortune Foundries, 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 Foundries'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 Foundries

Recent activity within the organization

  • Annual General Meeting

    Fortune Foundries Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Fortune Foundries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.

  • Charges

    A charge with Others amounted to Rs. 0.80 Cr with Charge ID 100517708 was registered on 23 Dec 2021.

  • Charges

    A charge with Others of Rs. 0.49 Cr registered on 19 Jun 2020 with Charge ID 100343608 was modified on 25 Aug 2020.

  • Charges

    A charge with Others amounted to Rs. 0.49 Cr with Charge ID 100343608 was registered on 19 Jun 2020.

  • Charges

    A charge with Others of Rs. 4.00 Cr registered on 06 Aug 2010 with Charge ID 10237025 was modified on 30 Apr 2020.

Frequently asked questions

  • What is the Incorporation or founding date of Fortune Foundries Private Limited?

    Fortune Foundries Private Limited was incorporated on 12 Oct 2009.

  • What is authorized share capital and paid-up capital of Fortune Foundries Private Limited?

    The authorized share capital of Fortune Foundries Private Limited is ₹ 8.25 Cr and paid-up capital is ₹ 8.25 Cr.

  • Who are the current board members & directors of Fortune Foundries Private Limited?

    Currently 3 directors are associated with Fortune Foundries Private Limited.

    • Ajit Chandrakant Otavanekar
    • Suresh Shriniwas Jadhav
    • Rushikesh Mohan Anawkar

  • What is the registered address of Fortune Foundries Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Fortune Foundries Private Limited is Plot No.B-83 Kagal-Hatkanangale Five Star M.I.D.C Village-Halsawade, Tal- Karveer. India, Kolhapur, Maharashtra, 416216.

  • What is the corporate identification number (CIN) and company number of Fortune Foundries Private Limited?

    The corporate identification number (CIN) of Fortune Foundries Private Limited is U27310PN2009PTC134787 and the company number is 134787 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Fortune Foundries Private Limited?

    The Official website of Fortune Foundries Private Limited is https://www.fortunefoundries.com

  • What has been the recent revenue trend for Fortune Foundries Private Limited?

    According to the financial reports for the fiscal year 2021, the revenue trend for Fortune Foundries Private Limited has fallen by -37.96%.

  • How many employees does Fortune Foundries Private Limited currently have?

    As Per 2021 financial reports, 35 employees are currently employed by Fortune Foundries Private Limited.

  • What change has been observed in the net worth of Fortune Foundries Private Limited, and by what percentage?

    The financial reports for the fiscal year 2021 indicates that The net worth of Fortune Foundries Private Limited has experienced an downturn of -39.25%.

  • What are the total open charges for Fortune Foundries Private Limited?

    As per the financial statements for fiscal Year 2021, The total open charges for Fortune Foundries Private Limited amount to ₹ 5.29 Cr.

  • When was the last Balance Sheet of Fortune Foundries Private Limited filed with the ROC?

    The most recent Balance Sheet for Fortune Foundries Private Limited was filed with the ROC on 31 Mar 2024.

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