Fortune Steel And Wire Limited

Steel and scrap trading company incorporated in 2018, based in Punjab.

2018 | Ludhiana, Punjab (India) | Active
Last Updated: January 13, 2025

Fortune Steel And Wire Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 6 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth %
  • Profit Growth 827.38%
  • Ebitda 1111.90%
  • Net Worth 3.08%
  • Total Assets 3.58%

About Fortune Steel And Wire

Fortune Steel And Wire Limited (FSAWL) is a Public Limited Indian Non-Government Company incorporated in India on 12 March 2018 (Six years and 11 months 14 days old ). Its registered office is in Ludhiana, Punjab, India.

The Company is engaged in the Metals And Minerals 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 1.00 M and a paid-up capital of Rs 1.00 M, as per Ministry of Corporate Affairs (MCA) records.

Bhagwan Bansal, Deep Bansal, Saurabh Bansal, and One other member serve as directors at the Company.

Company Details

  • Location

    Ludhiana, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    fortunegroup.org.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27205PB2018PLC047549

  • Company No.

    047549

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    12 Mar 2018

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Metals and Minerals

Who are the key members and board of directors at Fortune Steel And Wire?

Board Members (4)

NameDesignationAppointment DateStatus
Bhagwan Bansal Country flag representing In Director 12-Mar-2018Current
Deep Bansal Country flag representing In Additional Director 09-Jul-2022Current
Saurabh Bansal Country flag representing In Director 12-Mar-2018Current
Nitika Bansal Country flag representing In Additional Director 09-Jul-2022Current

Financial Performance of Fortune Steel And Wire.

Fortune Steel And Wire Limited, for the financial year ended 2022, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 827.38% increase in profit. The company's net worth moved up by a moderate rise of 3.08%.

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
Revenue from Operations
Total Assets
3.58%
Profit or Loss
827.38%
Net Worth
3.08%
EBITDA
1111.90%

What is the Ownership and Shareholding Structure of Fortune Steel And Wire?

In 2022, Fortune Steel And Wire 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)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Fortune Steel And Wire?

Unlock and access historical data on people associated with Fortune Steel And Wire, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

Rating

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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 Steel And Wire

Recent activity within the organization

  • Annual General Meeting

    Fortune Steel And Wire Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Fortune Steel And Wire Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.

    31 Mar 2023

  • Director Appointment

    Deep Bansal was appointed as a Additional Director was appointed as a Additional Director on 09 Jul 2022 & has been associated with this company since 2 years 7 months .

    09 Jul 2022

  • Director Appointment

    Nitika Bansal was appointed as a Additional Director was appointed as a Additional Director on 09 Jul 2022 & has been associated with this company since 2 years 7 months .

    09 Jul 2022

  • Director Appointment

    Bhagwan Dass Bansal was appointed as a Director was appointed as a Director on 12 Mar 2018 & has been associated with this company since 6 years 11 months .

    12 Mar 2018

  • Director Appointment

    Saurabh Bansal was appointed as a Director was appointed as a Director on 12 Mar 2018 & has been associated with this company since 6 years 11 months .

    12 Mar 2018

Frequently asked questions

  • Fortune Steel And Wire Limited was incorporated on 12 Mar 2018.

  • The authorized share capital of Fortune Steel And Wire Limited is ₹ 1.00 M and paid-up capital is ₹ 1.00 M.

  • Currently 4 directors are associated with Fortune Steel And Wire Limited.

    • Bhagwan Dass Bansal
    • Deep Bansal
    • Saurabh Bansal
    • Nitika Bansal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Fortune Steel And Wire Limited is Ferozepur Road Adj Ansal Plaza Opposite Circuit House India, Ludhiana, Punjab, 141001.

  • The corporate identification number (CIN) of Fortune Steel And Wire Limited is U27205PB2018PLC047549 and the company number is 047549 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Fortune Steel And Wire Limited is https://www.fortunegroup.org.in

  • The financial reports for the fiscal year 2022 indicates that The net worth of Fortune Steel And Wire Limited has experienced an upsurge of 3.08%.

  • The most recent Balance Sheet for Fortune Steel And Wire Limited was filed with the ROC on 31 Mar 2023.

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