Fortune Tire Tech Limited logo

Fortune Tire Tech Limited

Tire retreading and sales for multinational truck manufacturers and road/truckload purposes.

2011 Nalgonda, Telangana (India) Active

About

Basic Data Updated:

2 months ago
Fortune Tire Tech Limited (FTTL) is a leading Public Limited Indian Non-Government Company incorporated in India on 23 February 2011 and has a history of 13 years and six months. Its registered office is in Nalgonda, Telangana, India.

The Corporate was formerly known as Fortune Tire Tech Private Limited. The Company is engaged in the Automobiles 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 6.50 cr and a paid-up capital of Rs 6.14 cr.

The Corporate currently has active open charges totaling ₹11.04 cr. It has already closed loans amounting to ₹8.70 cr, as per the Ministry of Corporate Affairs (MCA) records.

Sabitha Kondapally, Chaithanya Kondapally, Ravinder Kondapally, and One other member serve as directors at the Company.

Industry

Company Details

  • Location

    Nalgonda, Telangana, India

  • Website
    12224421
  • Telephone
    12224421
  • Email Address
    12224421
  • Social Media
    12224421
CIN/LLPIN/FCRNU25119TG2011PLC072836
Company No.072836
Company ClassificationPublic Limited Indian Non-Government Company
Incorporation Date23 Feb 2011
Date of AGM30 Sep 2023
Date of Balance Sheet31 Mar 2023
Listing StatusUnlisted
ROC CodeRoc Hyderabad

Products or Services related to Fortune Tire Tech Limited

VICTUS D331 Tyre

Tyre Tube

Amar Gold Apollo Tire

Apollo Tyres

Bt 112p Automotive Tyre

Truck Tyre Tube

Transport Md Automotive Tyre

Retread Truck Tyre

product
Content-lock
Fortune Tire Tech Limited offers a wide range of products and services, including: Tyre, Tube & Flaps, Tyre Tube, Two Wheeler Tyres, Commercial Vehicle Tyres, Apollo Tyres, Truck Tyre Tube, Truck Tyres, Retread Truck Tyre.

Financials of Fortune Tire Tech Limited

financial-graph
Content-lock

Fortune Tire Tech Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 37.86% decrease. The company also saw a substantial improvement in profitability, with a 23.28% increase in profit. The company's net worth moved up by a moderate rise of 4.9%.

Corporate Structure

Shareholding-Indiacator
Content-lock

Unlock access to Fortune Tire Tech'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.

People in Fortune Tire Tech Limited

Executive Team (1)

  • kondapally_vijayapal_reddy_833288.png
    Vijayapalreddy Kondapally In Managing Director

    Appointment Date: 23-Feb-2011

    Status: Current

Board Members(3)

Charges (Loans)

Open Charges Satisfied Charges

₹11.04 cr

₹8.70 cr

LenderAmountStatus

Yes Bank Limited

Creation Date: 04 Jan 2021
₹3.00 CrOpen

Yes Bank Limited

Creation Date: 22 Nov 2019
₹8.04 CrOpen

State Bank Of India

Creation Date: 26 May 2012
₹8.70 CrSatisfied

Deals i

Valuation-Graph
Content-lock

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

Rating

Rating-Graph
Content-lock

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.

Alert

Alert-Indicator
Content-lock

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.

Related Corporates (Common Directorship)

Recent activity within the organization

  • Activity

    Annual General Meeting

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

    30 Sep 2023
  • Activity

    Balance Sheet

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

    31 Mar 2023
  • Activity

    Charges

    A charge with Yes Bank Limited of Rs. 3.00 cr registered on 04 Jan 2021 with Charge ID 100416324 was modified on 10 Jan 2022.

    10 Jan 2022
  • Activity

    Charges

    A charge with Yes Bank Limited of Rs. 8.04 cr registered on 22 Nov 2019 with Charge ID 100304717 was modified on 07 Jan 2022.

    07 Jan 2022
  • Activity

    Charges

    A charge with Yes Bank Limited amounted to Rs. 3.00 cr with Charge ID 100416324 was registered on 04 Jan 2021.

    04 Jan 2021

Frequently asked questions

What is the Incorporation or founding date of Fortune Tire Tech Limited?

Fortune Tire Tech Limited was incorporated 13 years 6 months ago on 23 Feb 2011 with Registrar of Companies Roc Hyderabad.

People also Viewed

Similar Companies Based on Automotive Components

  • Ceat Limited

    Mumbai, Maharashtra, India

  • Cummins India Limited

    Pune, Maharashtra, India

  • Tata Cummins Private Limited

    Pune, Maharashtra, India

  • Cummins Technologies India Private Limited

    Pune, Maharashtra, India

  • Mrf Limited

    Chennai, Tamil Nadu, India

  • Bosch Limited

    Bangalore, Karnataka, India

  • Balkrishna Industries Limited

    Aurangabad, Maharashtra, India

  • Fiat India Automobiles Private Limited

    Taluka Shirur, Maharashtra, India

  • Amara Raja Energy & Mobility Limited

    Chittoor, Andhra Pradesh, India

  • Jk Tyre & Industries Limited

    Rajsamand, Rajasthan, India

  • Apollo Tyres Limited.

    Ernakulam, Kerala, India

  • Motherson Sumi Wiring India Limited

    Mumbai, Maharashtra, India