Fortune Technics Private Limited

Authorized dealer for Atlas Copco products, providing sales and service to clients.

2021 | Hyderabad, Telangana (India) | Active
Last Updated: November 17, 2024

Fortune Technics Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 4 Year, 7 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.06 Cr
  • Revenue Growth 144.73%
  • Profit Growth 98.88%
  • Ebitda 181.19%
  • Net Worth 159.92%
  • Total Assets 164.34%

About Fortune Technics

Fortune Technics Private Limited (FTPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 17 February 2021 (Four years 7 days old ). Its registered office is in Hyderabad, Telangana, India.

The Company is engaged in the Machinery And Equipment 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 0.10 M.

The company currently has active open charges totaling ₹1.06 Cr.

Lambadi Ramu and Yamuna Nenavath serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    fortunetechnics.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29309TG2021PTC148732

  • Company No.

    148732

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    17 Feb 2021

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Machinery and Equipment

What products or services does Fortune Technics Private Limited offer?

Fortune Technics Private Limited offers a wide range of products and services, including Air Compressors, Accessories & Parts, Refrigeration Compressors, Rotary Screw Compressors, Air Compressors, Industrial Coolers, Blowers & Fans, Industrial Air Blower, Oxygen & Nitrogen Gas Plants, Oxygen & Nitrogen Gas Plant.

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

Executive Team (1)

NameDesignationAppointment DateStatus
Lambadi Ramu Country flag representing In Managing Director17-Feb-2021Current

Board Members (1)

NameDesignationAppointment DateStatus
Yamuna Nenavath Country flag representing In Director 17-Feb-2021Current

Financial Performance of Fortune Technics.

Fortune Technics Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 144.73% increase. The company also saw a substantial improvement in profitability, with a 98.88% increase in profit. The company's net worth Soared by an impressive increase of 159.92%.

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
144.73%
Revenue from Operations
144.86%
Total Assets
164.34%
Profit or Loss
98.88%
Net Worth
159.92%
EBITDA
181.19%

What is the Ownership and Shareholding Structure of Fortune Technics?

Unlock access to Fortune Technics's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹10.65 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 0.80 Cr
  • Hdfc Bank Limited : 0.26 Cr

Latest Charge Details

DateLenderAmountStatus
31 May 2024Hdfc Bank Limited₹2.65 MOpen
23 Jun 2023Others₹8.00 MOpen

How Many Employees Work at Fortune Technics?

Fortune Technics has a workforce of 5 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 Technics, 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 Technics'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 Technics

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 2.65 M with Charge ID 100950300 was registered on 31 May 2024.

    31 May 2024

  • Charges

    A charge with Others of Rs. 8.00 M registered on 23 Jun 2023 with Charge ID 100757949 was modified on 17 Feb 2024.

    17 Feb 2024

  • Annual General Meeting

    Fortune Technics Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Charges

    A charge with Others amounted to Rs. 8.00 M with Charge ID 100757949 was registered on 23 Jun 2023.

    23 Jun 2023

  • Balance Sheet

    Fortune Technics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.

    31 Mar 2023

  • Director Appointment

    Lambadi Ramu was appointed as a Managing Director was appointed as a Managing Director on 17 Feb 2021 & has been associated with this company since 4 years 7 days .

    17 Feb 2021

Frequently asked questions

  • Fortune Technics Private Limited was incorporated on 17 Feb 2021.

  • The authorized share capital of Fortune Technics Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Fortune Technics Private Limited.

    • Lambadi Ramu
    • Yamuna Rathod Nenavath
  • As per Ministry of Corporate Affairs (Mca), the registered address of Fortune Technics Private Limited is Plot No. 33 Ramakrishna Enclave Pragathi Nagar, Bachupally India, Hyderabad, Telangana, 500090.

  • The corporate identification number (CIN) of Fortune Technics Private Limited is U29309TG2021PTC148732 and the company number is 148732 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Fortune Technics Private Limited is https://www.fortunetechnics.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Fortune Technics Private Limited has risen by 144.73%.

  • As Per 2023 financial reports, 5 employees are currently employed by Fortune Technics Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Fortune Technics Private Limited has experienced an upsurge of 159.92%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Fortune Technics Private Limited amount to ₹ 1.06 Cr.

  • The most recent Balance Sheet for Fortune Technics Private Limited was filed with the ROC on 31 Mar 2023.