Fortune Spirit Limited

Imports and sells Indian foreign liquor.

2007 | Khorda, Odisha (India) | Under Insolvency
Last Updated: January 15, 2025

Fortune Spirit Profile

Key Indicators

  • Authorised Capital ₹ 5.50 Cr
  • Paid Up Capital ₹ 5.46 Cr
  • Company Age 17 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 15.00 Cr
  • Satisfied Charges ₹ 20.70 Cr
  • Revenue Growth -96.80%
  • Profit Growth -92037.28%
  • Ebitda -420.44%
  • Net Worth -116.61%
  • Total Assets -19.55%

About Fortune Spirit

Fortune Spirit Limited (FSL) is Under Cirp company established on 21 Nov 2007 with its office registered at Khorda, Odisha, India and has been running since 17 Year, 3 Months with a paid up capital of 5.46 Cr. According to MCA records, 6 Directors are linked to this company as of 15 Jan 2025.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U15511OR2007PLC009628

  • Company No.

    009628

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    21 Nov 2007

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Cuttack

Industry

Food and Beverages

Who are the key members and board of directors at Fortune Spirit?

Executive Team (1)

NameDesignationAppointment DateStatus
Rajesh Sahu Country flag representing In Managing Director21-Nov-2007Current

Board Members (5)

NameDesignationAppointment DateStatus
Bhaibhav Subudhi Country flag representing In Additional Director 28-Feb-2017Current
Deepak Sahu Country flag representing In Director 21-Nov-2007Current
Ayush Sahu Country flag representing In Director 26-Mar-2010Current
Kushagra Sahu Country flag representing In Director 25-Apr-2019Current
Hansika Sahu Country flag representing In Director 25-Apr-2019Current

Financial Performance of Fortune Spirit.

Fortune Spirit Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 96.8% decrease. The company also saw a substantial fall in profitability, with a 92037.28% decrease in profit. The company's net worth observed a substantial decline by a decrease of 116.61%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-96.80%
Revenue from Operations
-98.66%
Total Assets
-19.55%
Profit or Loss
-92037.28%
Net Worth
-116.61%
EBITDA
-420.44%

What is the Ownership and Shareholding Structure of Fortune Spirit?

In 2021, Fortune Spirit had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹15.00 Cr

Satisfied Charges

₹20.70 Cr

Charges Breakdown by Lending Institutions

  • Idbi Bank Limited : 15.00 Cr

Latest Charge Details

DateLenderAmountStatus
09 Dec 2014Idbi Bank Limited₹15.00 CrOpen
31 Dec 2013Union Bank Of India₹10.00 CrSatisfied
03 Nov 2012Axis Bank Limited₹6.20 CrSatisfied
17 May 2008State Bank Of India₹4.50 CrSatisfied

How Many Employees Work at Fortune Spirit?

Fortune Spirit has a workforce of 125 employees as of Apr 06, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Fortune Spirit, 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 Spirit's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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 Spirit

Recent activity within the organization

  • Annual General Meeting

    Fortune Spirit Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Fortune Spirit Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Cuttack.

    31 Mar 2024

  • Director Appointment

    Kushagra Sahu was appointed as a Director was appointed as a Director on 25 Apr 2019 & has been associated with this company since 5 years 10 months .

    25 Apr 2019

  • Director Appointment

    Hansika Sahu was appointed as a Director was appointed as a Director on 25 Apr 2019 & has been associated with this company since 5 years 10 months .

    25 Apr 2019

  • Charges

    A charge with Idbi Bank Limited of Rs. 15.00 Cr registered on 09 Dec 2014 with Charge ID 10540357 was modified on 27 Apr 2018.

    27 Apr 2018

  • Director Appointment

    Bhaibhav Subudhi was appointed as a Additional Director was appointed as a Additional Director on 28 Feb 2017 & has been associated with this company since 7 years 11 months .

    28 Feb 2017

Frequently asked questions

  • Fortune Spirit Limited was incorporated on 21 Nov 2007.

  • The authorized share capital of Fortune Spirit Limited is ₹ 5.50 Cr and paid-up capital is ₹ 5.46 Cr.

  • Currently 6 directors are associated with Fortune Spirit Limited.

    • Rajesh Kumar Sahu
    • Deepak Kumar Sahu
    • Ayush Sahu
    • Kushagra Sahu
    • Bhaibhav Subudhi
    • Hansika Sahu
  • As per Ministry of Corporate Affairs (Mca), the registered address of Fortune Spirit Limited is Plot No-31, Kharavela Nagar Unit-Iii India, Bhubaneswar, Orissa, 751001.

  • The corporate identification number (CIN) of Fortune Spirit Limited is U15511OR2007PLC009628 and the company number is 009628 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Fortune Spirit Limited is https://www.fortune-spirit-ltd.business.site

  • According to the financial reports for the fiscal year 2021, the revenue trend for Fortune Spirit Limited has fallen by -96.80%.

  • As Per 2021 financial reports, 125 employees are currently employed by Fortune Spirit Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Fortune Spirit Limited has experienced an downturn of -116.61%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Fortune Spirit Limited amount to ₹ 15.00 Cr.

  • The most recent Balance Sheet for Fortune Spirit Limited was filed with the ROC on 31 Mar 2024.

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