Fortune Polytech Profile
Key Indicators
- Authorised Capital ₹ 3.00 M
- Paid Up Capital ₹ 2.50 M
- Company Age 14 Year, 5 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 5.74 Cr
- Satisfied Charges ₹ 1.95 Cr
- Revenue Growth -6.53%
- Profit Growth -98.85%
- Ebitda -43.62%
- Net Worth 0.12%
- Total Assets 17.83%
About Fortune Polytech
Fortune Polytech Private Limited (FPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 20 October 2010 and has a history of 14 years and five months. Its registered office is in Mahesana, Gujarat, India.
The Corporate was formerly known as Fortune Tarpaulin Private Limited. The Company is engaged in the Manufacturing 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 3.00 M and a paid-up capital of Rs 2.50 M.
The company currently has active open charges totaling ₹5.74 Cr. The company has closed loans amounting to ₹1.95 Cr, as per Ministry of Corporate Affairs (MCA) records.
Kumudchandra Doshi and Urmil Doshi serve as directors at the Company.
Company Details
- Location
Mahesana, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U24303GJ2010PTC062692
- Company No.
062692
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
20 Oct 2010
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Manufacturing
What products or services does Fortune Polytech Private Limited offer?
Fortune Polytech Private Limited offers a wide range of products and services, including Engineering and Shipping Ropes, Plastic Ropes, Farming Tools, Equipment & Machines, Agro Shade Net, Tents, Tarpaulins & PE Covers, Tarpaulins.
Fortune Polytech Private Limited
Explore comprehensive data for Fortune Polytech Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Fortune Polytech?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kumudchandra Doshi  | Director | 20-Oct-2010 | Current |
| Urmil Doshi | Director | 20-Oct-2010 | Current |
Financial Performance of Fortune Polytech.
Fortune Polytech Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 6.53% decrease. The company also saw a substantial fall in profitability, with a 98.85% decrease in profit. The company's net worth moved up by a moderate rise of 0.12%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Fortune Polytech?
In 2023, Fortune Polytech had a promoter holding of 94.00% and a public holding of 6.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
Open Charges
₹57.38 M
Satisfied Charges
₹19.50 M
Charges Breakdown by Lending Institutions
- Others : 4.47 Cr
- Sidbi : 1.27 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 Jul 2022 | Sidbi | ₹1.27 Cr | Open |
| 04 Sep 2020 | Others | ₹7.18 M | Open |
| 19 Oct 2013 | Others | ₹3.75 Cr | Open |
| 19 May 2011 | State Bank Of India | ₹1.95 Cr | Satisfied |
How Many Employees Work at Fortune Polytech?
Fortune Polytech has a workforce of 35 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 Polytech, 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 Polytech'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 Polytech
Recent activity within the organization
- Annual General Meeting
Fortune Polytech Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Fortune Polytech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
- Charges
A charge with Sidbi amounted to Rs. 12.70 M with Charge ID 100604013 was registered on 05 Jul 2022.
- Charges
A charge with Others amounted to Rs. 7.18 M with Charge ID 100370221 was registered on 04 Sep 2020.
- Charges
A charge with Others of Rs. 37.50 M registered on 19 Oct 2013 with Charge ID 10463397 was modified on 30 Jul 2018.
- Charges
A charge registered on 19 May 2011 via Charge ID 10289574 with State Bank Of India was fully satisfied on 02 Dec 2013.
Frequently asked questions
What is the Incorporation or founding date of Fortune Polytech Private Limited?
Fortune Polytech Private Limited was incorporated on 20 Oct 2010.
What is authorized share capital and paid-up capital of Fortune Polytech Private Limited?
The authorized share capital of Fortune Polytech Private Limited is ₹ 3.00 M and paid-up capital is ₹ 2.50 M.
Who are the current board members & directors of Fortune Polytech Private Limited?
Currently 2 directors are associated with Fortune Polytech Private Limited.
- Kumudchandra Samalsha Doshi
- Urmil Kumudchandra Doshi
What is the registered address of Fortune Polytech Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Fortune Polytech Private Limited is Plot No. 1284 1302 Opp. Hotel Kalapi. Ahmedabad Mehsana Highway, India, Kadi, Gujarat, 382715.
What is the corporate identification number (CIN) and company number of Fortune Polytech Private Limited?
The corporate identification number (CIN) of Fortune Polytech Private Limited is U24303GJ2010PTC062692 and the company number is 062692 as per Ministry of Corporate Affairs (MCA).
What is the official website of Fortune Polytech Private Limited?
The Official website of Fortune Polytech Private Limited is https://www.fortunepolytech.com
What has been the recent revenue trend for Fortune Polytech Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Fortune Polytech Private Limited has fallen by -6.53%.
How many employees does Fortune Polytech Private Limited currently have?
As Per 2023 financial reports, 35 employees are currently employed by Fortune Polytech Private Limited.
What change has been observed in the net worth of Fortune Polytech Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Fortune Polytech Private Limited has experienced an upsurge of 0.12%.
What are the total open charges for Fortune Polytech Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Fortune Polytech Private Limited amount to ₹ 5.74 Cr.
When was the last Balance Sheet of Fortune Polytech Private Limited filed with the ROC?
The most recent Balance Sheet for Fortune Polytech Private Limited was filed with the ROC on 31 Mar 2024.
Unlock Business Insights – Explore Instantly!
Search company & director profiles for free and gain access to critical business data.
- 3.1M+ Companies
- 15M+ Legal Cases
- 525K+ Credit Ratings
- 5.8M+ Directors & KMP
- 750K+ Regulatory Alerts
- 1.1M+ Companies' Financial Records