

Fortune Management Advisors Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
- Paid Up Capital ₹ 2.00 Cr
- Company Age 12 Year, 7 Months
- Last Filing with ROC 31 Mar 2024
- Revenue Growth -98.43%
- Profit Growth -99.40%
- Ebitda -114.61%
- Net Worth 0.16%
- Total Assets 0.22%
About Fortune Management Advisors
Fortune Management Advisors Limited (FMAL) is a Public Limited Indian Non-Government Company incorporated in India on 27 August 2012 and has a history of 12 years and seven months. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Iti-Ms Capital Advisors Limited. 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 2.00 Cr and a paid-up capital of Rs 2.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Surendra Rambhia, Usha Kadam, and Chintan Valia serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U74110MH2012PLC234979
- Company No.
234979
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
27 Aug 2012
- Date of AGM
26 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Who are the key members and board of directors at Fortune Management Advisors?
Board Members (3)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Surendra Rambhia ![]() | Director | 21-Dec-2021 | Current |
Usha Kadam ![]() | Director | 12-Aug-2016 | Current |
Chintan Valia ![]() | Director | 29-Aug-2012 | Current |
Financial Performance of Fortune Management Advisors.
Fortune Management Advisors Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 98.43% decrease. The company also saw a substantial fall in profitability, with a 99.4% decrease in profit. The company's net worth moved up by a moderate rise of 0.16%.


- Key Matrics
- Balance Sheet
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What is the Ownership and Shareholding Structure of Fortune Management Advisors?
In 2022, Fortune Management Advisors 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)
- Matunga Gujarati Club Limited
Surendra Rambhia is a mutual person
- Suraksha Asset Reconstruction Limited
Usha Kadam is a mutual person
- Atlanta Forms Private Limited
Surendra Rambhia is a mutual person
- Iti Securities Broking Limited
Surendra Rambhia is a mutual person
- The Investment Trust Of India Limited
Chintan Valia is a mutual person
- Iti Finance Limited
Chintan Valia is a mutual person
Charges (Loans)

There are no open charges registered against the company as per our records.
How Many Employees Work at Fortune Management Advisors?
Unlock and access historical data on people associated with Fortune Management Advisors, 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 Management Advisors, 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 Management Advisors'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 Management Advisors
Recent activity within the organization
- Annual General Meeting
Fortune Management Advisors Limited last Annual general meeting of members was held on 26 Sep 2024 as per latest MCA records.
- Balance Sheet
Fortune Management Advisors Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Director Appointment
Surendra Kalyanji Rambhia was appointed as a Director was appointed as a Director on 21 Dec 2021 & has been associated with this company since 3 years 3 months .
- Director Appointment
Usha Anil Kadam was appointed as a Director was appointed as a Director on 12 Aug 2016 & has been associated with this company since 8 years 7 months .
- Director Appointment
Chintan Vijay Valia was appointed as a Director was appointed as a Director on 29 Aug 2012 & has been associated with this company since 12 years 6 months .
- Company Incorporation
Fortune Management Advisors Limited was registered on 27 Aug 2012 with Roc Mumbai & aged 12 years 7 months as per MCA records.
Recent News, Updates & Announcement
- ITI group launches early-stage venture capital fund | Mint.
ITI group is looking to raise 100 crore for ITI Growth Opportunities Venture Fund with a green shoe option to raise a further 50 crore, says managing general partner Mohit Gulati.
Frequently asked questions
What is the Incorporation or founding date of Fortune Management Advisors Limited?
Fortune Management Advisors Limited was incorporated on 27 Aug 2012.
What is authorized share capital and paid-up capital of Fortune Management Advisors Limited?
The authorized share capital of Fortune Management Advisors Limited is ₹ 2.00 Cr and paid-up capital is ₹ 2.00 Cr.
Who are the current board members & directors of Fortune Management Advisors Limited?
Currently 3 directors are associated with Fortune Management Advisors Limited.
- Surendra Kalyanji Rambhia
- Usha Anil Kadam
- Chintan Vijay Valia
What is the registered address of Fortune Management Advisors Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Fortune Management Advisors Limited is Iti House 36 Dr. R. K. Shirodkar Marg Parel India, Mumbai, Maharashtra, 400012.
What is the corporate identification number (CIN) and company number of Fortune Management Advisors Limited?
The corporate identification number (CIN) of Fortune Management Advisors Limited is U74110MH2012PLC234979 and the company number is 234979 as per Ministry of Corporate Affairs (MCA).
What is the official website of Fortune Management Advisors Limited?
The Official website of Fortune Management Advisors Limited is https://www.fortune.co.in
What has been the recent revenue trend for Fortune Management Advisors Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Fortune Management Advisors Limited has fallen by -98.43%.
What change has been observed in the net worth of Fortune Management Advisors Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Fortune Management Advisors Limited has experienced an upsurge of 0.16%.
When was the last Balance Sheet of Fortune Management Advisors Limited filed with the ROC?
The most recent Balance Sheet for Fortune Management Advisors Limited was filed with the ROC on 31 Mar 2024.
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