Fortune (India) Constructions Limited
Construction services provider since 2005, based in Chandigarh.
2005 | Chandigarh (India) | Active
Fortune (India) Constructions Profile
Key Indicators
- Authorised Capital ₹ 75.00 Cr
- Paid Up Capital ₹ 73.54 Cr
- Company Age 20 Year, 8 Days
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 1,596.53 Cr
- Revenue Growth -47.07%
- Profit Growth -526.84%
- Ebitda -129.17%
- Net Worth -1.30%
- Total Assets 0.27%
About Fortune (India) Constructions
Fortune (India) Constructions Limited (FICL) is a Public Limited Indian Non-Government Company incorporated in India on 23 February 2005 and has a history of 20 years. Its registered office is in Chandigarh, India.
The Corporate was formerly known as Ind Swift Infrastructure And Developers Limited. The Company is engaged in the Infrastructure And Utilities 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 75.00 Cr and a paid-up capital of Rs 73.54 Cr.
The company has closed loans amounting to ₹1,596.53 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Fortune (India) Constructions Limited India are Pardeep Verma as COMPANY SECRETARY and Sahil Munjal as Cfo. Kamal Kant, Subhash Galhotra, Sahil Munjal, and Two other members serve as directors at the Company.
Company Details
- Location
Chandigarh, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
-
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U45200CH2005PLC028005
- Company No.
028005
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
23 Feb 2005
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chandigarh
Industry
Infrastructure and Utilities
Who are the key members and board of directors at Fortune (India) Constructions?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sahil Munjal  | CFO | 31-Mar-2015 | Current |
| Pardeep Verma | Company Secretary | Current | |
| Himanshu Jain | Managing Director | 04-Feb-2006 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Kamal Kant | Director | 25-Jul-2019 | Current |
| Subhash Galhotra | Director | 31-Mar-2015 | Current |
| Annie Mehta | Director | 23-Feb-2005 | Current |
Financial Performance of Fortune (India) Constructions.
Fortune (India) Constructions Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 47.07% decrease. The company also saw a substantial fall in profitability, with a 526.84% decrease in profit. The company's net worth dipped by a decrease of 1.3%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Fortune (India) Constructions?
In 2023, Fortune (India) Constructions 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)
Ind Swift LimitedSubhash Galhotra and Himanshu Jain are mutual person
Ind Swift Laboratories LimitedPardeep Verma, Sahil Munjal and 1 more are mutual person
- Essix Biosciences Limited
Subhash Galhotra and Himanshu Jain are mutual person
- Vibrant Agro Industries Limited
Sahil Munjal and Annie Mehta are mutual person
- Punjab Renewable Energy Private Limited
Sahil Munjal and Annie Mehta are mutual person
- Indis Healthcare Llp
Himanshu Jain is a mutual person
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹1,596.53 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 1571.53 Cr
- State Bank Of Patiala : 25.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 Mar 2013 | State Bank Of India | ₹1,171.82 Cr | Satisfied |
| 27 Dec 2012 | State Bank Of India | ₹399.71 Cr | Satisfied |
| 06 May 2006 | State Bank Of Patiala | ₹25.00 Cr | Satisfied |
How Many Employees Work at Fortune (India) Constructions?
Fortune (India) Constructions has a workforce of 14 employees as of Apr 07, 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 (India) Constructions, 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 (India) Constructions'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 (India) Constructions
Recent activity within the organization
- Annual General Meeting
Fortune (India) Constructions Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Balance Sheet
Fortune (India) Constructions Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.
- Charges
A charge registered on 04 Mar 2013 via Charge ID 10421266 with State Bank Of India was fully satisfied on 30 Nov 2021.
- Director Appointment
Kamal Kant was appointed as a Director was appointed as a Director on 25 Jul 2019 & has been associated with this company since 5 years 7 months .
- Director Appointment
Subhash Chander Galhotra was appointed as a Director was appointed as a Director on 31 Mar 2015 & has been associated with this company since 9 years 11 months .
- Charges
A charge registered on 27 Dec 2012 via Charge ID 10405393 with State Bank Of India was fully satisfied on 25 Apr 2013.
Frequently asked questions
What is the Incorporation or founding date of Fortune (India) Constructions Limited?
Fortune (India) Constructions Limited was incorporated on 23 Feb 2005.
What is authorized share capital and paid-up capital of Fortune (India) Constructions Limited?
The authorized share capital of Fortune (India) Constructions Limited is ₹ 75.00 Cr and paid-up capital is ₹ 73.54 Cr.
Who are the current board members & directors of Fortune (India) Constructions Limited?
Currently 7 directors are associated with Fortune (India) Constructions Limited.
- Pardeep Verma
- Sahil Munjal
- Kamal Kant
- Subhash Chander Galhotra
- Sahil Munjal
- Himanshu Jain
- Annie Mehta
What is the registered address of Fortune (India) Constructions Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Fortune (India) Constructions Limited is Sco 849, Shivalik Enclave Nac Manimajra India, Chandigarh, 160101.
What is the corporate identification number (CIN) and company number of Fortune (India) Constructions Limited?
The corporate identification number (CIN) of Fortune (India) Constructions Limited is U45200CH2005PLC028005 and the company number is 028005 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Fortune (India) Constructions Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Fortune (India) Constructions Limited has fallen by -47.07%.
How many employees does Fortune (India) Constructions Limited currently have?
As Per 2023 financial reports, 14 employees are currently employed by Fortune (India) Constructions Limited.
What change has been observed in the net worth of Fortune (India) Constructions Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Fortune (India) Constructions Limited has experienced an downturn of -1.30%.
When was the last Balance Sheet of Fortune (India) Constructions Limited filed with the ROC?
The most recent Balance Sheet for Fortune (India) Constructions Limited was filed with the ROC on 31 Mar 2023.
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