Fortune Motorcars Profile
Key Indicators
- Authorised Capital ₹ 6.00 Cr
- Paid Up Capital ₹ 6.00 Cr
- Company Age 3 Year, 3 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 208.57 Cr
About Fortune Motorcars
Fortune Motorcars Private Limited (FMPL) is a Private Limited Indian Non-Government Company incorporated in India on 11 February 2022 (Three years and three months 10 days old ). Its registered office is in Hyderabad, Telangana, India.
The Company is engaged in the Automotive 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 6.00 Cr and a paid-up capital of Rs 6.00 Cr.
The company currently has active open charges totaling ₹208.57 Cr.
Ashish Modi and Nirav Modi serve as directors at the Company.
Company Details
- Location
Hyderabad, Telangana, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U50400TG2022PTC159660
- Company No.
159660
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
11 Feb 2022
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Hyderabad
Industry
Automotive
Fortune Motorcars Private Limited
Explore comprehensive data for Fortune Motorcars Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Fortune Motorcars?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Nirav Modi  | Director | 11-Feb-2022 | Current |
| Ashish Modi | Director | 11-Feb-2022 | Current |
Financial Performance of Fortune Motorcars.
Fortune Motorcars Private Limited, for the financial year ended 2023, 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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|---|---|---|---|---|---|---|---|
| Total Revenue | |||||||
| Revenue from Operations | |||||||
| Total Assets | |||||||
| Profit or Loss | |||||||
| Net Worth | |||||||
| EBITDA |
What is the Ownership and Shareholding Structure of Fortune Motorcars?
In 2023, Fortune Motorcars 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)
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Fortune Automobiles (India) Private LimitedAshish Modi and Nirav Modi are mutual person
Elogic Solutions (India) Private LimitedAshish Modi is a mutual person
Elogic Engineering Services Private LimitedAshish Modi is a mutual person
Autoparts Hub Private LimitedAshish Modi and Nirav Modi are mutual person
Modi & Modi Realty Hyderabad Private LimitedAshish Modi is a mutual person
Gloster Cables LimitedAshish Modi is a mutual person
Charges (Loans)
Open Charges
₹208.57 Cr
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Others : 177.07 Cr
- Hdfc Bank Limited : 31.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Aug 2024 | Others | ₹7.57 M | Open |
| 24 Jun 2024 | Others | ₹5.03 M | Open |
| 29 May 2024 | Others | ₹7.01 M | Open |
| 10 Apr 2024 | Others | ₹3.03 Cr | Open |
| 31 Oct 2023 | Others | ₹9.03 M | Open |
How Many Employees Work at Fortune Motorcars?
Fortune Motorcars has a workforce of 248 employees as of Apr 04, 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 Motorcars, 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 Motorcars'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 Motorcars
Recent activity within the organization
- Charges
A charge with Others amounted to Rs. 0.76 Cr with Charge ID 100974721 was registered on 22 Aug 2024.
- Charges
A charge with Others amounted to Rs. 0.50 Cr with Charge ID 100952552 was registered on 24 Jun 2024.
- Charges
A charge with Hdfc Bank Limited of Rs. 31.50 Cr registered on 26 May 2022 with Charge ID 100588763 was modified on 07 Jun 2024.
- Charges
A charge with Others amounted to Rs. 0.70 Cr with Charge ID 100934550 was registered on 29 May 2024.
- Charges
A charge with Others amounted to Rs. 3.03 Cr with Charge ID 100907013 was registered on 10 Apr 2024.
- Charges
A charge with Others of Rs. 17.00 Cr registered on 24 May 2023 with Charge ID 100731365 was modified on 08 Apr 2024.
Frequently asked questions
What is the Incorporation or founding date of Fortune Motorcars Private Limited?
Fortune Motorcars Private Limited was incorporated on 11 Feb 2022.
What is authorized share capital and paid-up capital of Fortune Motorcars Private Limited?
The authorized share capital of Fortune Motorcars Private Limited is ₹ 6.00 Cr and paid-up capital is ₹ 6.00 Cr.
Who are the current board members & directors of Fortune Motorcars Private Limited?
Currently 2 directors are associated with Fortune Motorcars Private Limited.
- Ashish Pramod Modi
- Nirav Pramod Modi
What is the registered address of Fortune Motorcars Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Fortune Motorcars Private Limited is 5-4-187/5/16/5 Pm Modi Complex Floor 2 Karbala Maidan Mg Road, Secunderabad India, Hyderabad, Telangana, 500003.
What is the corporate identification number (CIN) and company number of Fortune Motorcars Private Limited?
The corporate identification number (CIN) of Fortune Motorcars Private Limited is U50400TG2022PTC159660 and the company number is 159660 as per Ministry of Corporate Affairs (MCA).
What is the official website of Fortune Motorcars Private Limited?
The Official website of Fortune Motorcars Private Limited is https://www.fortunegroup.net.in
How many employees does Fortune Motorcars Private Limited currently have?
As Per 2023 financial reports, 248 employees are currently employed by Fortune Motorcars Private Limited.
What are the total open charges for Fortune Motorcars Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Fortune Motorcars Private Limited amount to ₹ 208.57 Cr.
When was the last Balance Sheet of Fortune Motorcars Private Limited filed with the ROC?
The most recent Balance Sheet for Fortune Motorcars Private Limited was filed with the ROC on 31 Mar 2023.
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