Fortune Polytech Profile
Key Indicators
- Authorised Capital ₹ 3.00 M
- Paid Up Capital ₹ 2.50 M
- Company Age 14 Year, 3 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 three 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
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Location
Mahesana, Gujarat, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U24303GJ2010PTC062692
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Company No.
062692
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
20 Oct 2010
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Ahmedabad
Industry
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.
Who are the key members and board of directors at Fortune Polytech?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kumudchandra Doshi
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Director | 20-Oct-2010 | Current |
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Urmil Doshi
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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%.
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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)
₹57.38 M
₹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.