Fortunecoat Industries Private Limited

Manufacturer of powder coatings for various industries, including architecture, furniture, and leisure equipment.

2009 | Kolhapur, Maharashtra (India) | Active
Last Updated:

Fortunecoat Industries Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 7.50 M
  • Company Age 16 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 12.76 Cr
  • Satisfied Charges ₹ 20.78 Cr
  • Revenue Growth 28.57%
  • Profit Growth 1713.40%
  • Ebitda 10.85%
  • Net Worth 9.45%
  • Total Assets 2.98%

About Fortunecoat Industries

Fortunecoat Industries Private Limited (FIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 23 March 2009 and has a history of 16 years and one month. Its registered office is in Kolhapur, Maharashtra, India.

The Corporate was formerly known as Fortune Procurators 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 1.00 Cr and a paid-up capital of Rs 7.50 M.

The company currently has active open charges totaling ₹12.76 Cr. The company has closed loans amounting to ₹20.78 Cr, as per Ministry of Corporate Affairs (MCA) records.

Archana Otavanekar and Atharva Otavanekar serve as directors at the Company.

Company Details

  • Location

    Kolhapur, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27106PN2009PTC133674

  • Company No.

    133674

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    23 Mar 2009

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Manufacturing

What products or services does Fortunecoat Industries Private Limited offer?

Fortunecoat Industries Private Limited offers a wide range of products and services, including Epoxy Paints and Coatings, Epoxy Polyester Powder Coatings, Automotive Paints and Coatings, Polyester Coating, Powder Coatings, Powder Coating Powder, Wood & Metal Paint, Wood Finishes, Epoxy Coatings, FRP Lining, PU & Powder Coatings.

Company report

Fortunecoat Industries Private Limited

Explore comprehensive data for Fortunecoat Industries Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Fortunecoat Industries?

Board Members (2)

NameDesignationAppointment DateStatus
Archana Otavanekar Country flag representing In Director 23-Mar-2009Current
Atharva Otavanekar Country flag representing In Director 19-Apr-2023Current

Financial Performance of Fortunecoat Industries.

Fortunecoat Industries Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 28.57% increase. The company also saw a substantial improvement in profitability, with a 1713.4% increase in profit. The company's net worth moved up by a moderate rise of 9.45%.

Fortunecoat Industries revenue growth over time
Fortunecoat Industries 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
28.57%
Revenue from Operations
27.36%
Total Assets
2.98%
Profit or Loss
1713.40%
Net Worth
9.45%
EBITDA
10.85%

What is the Ownership and Shareholding Structure of Fortunecoat Industries?

In 2023, Fortunecoat Industries had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹12.76 Cr

Satisfied Charges

₹20.78 Cr

Charges Breakdown by Lending Institutions

  • Bank Of India : 12.76 Cr

Latest Charge Details

DateLenderAmountStatus
29 Aug 2024Bank Of India₹1.10 CrOpen
28 Aug 2024Bank Of India₹1.58 MOpen
28 Aug 2024Bank Of India₹7.50 CrOpen
28 Aug 2024Bank Of India₹4.00 CrOpen
27 Jun 2023Others₹2.50 MSatisfied

How Many Employees Work at Fortunecoat Industries?

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

Employee growth trends for Fortunecoat Industries Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Fortunecoat Industries, 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 Fortunecoat Industries'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 Fortunecoat Industries

Recent activity within the organization

  • Annual General Meeting

    Fortunecoat Industries Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Charges

    A charge registered on 27 Jun 2023 via Charge ID 100782546 with Others was fully satisfied on 27 Sep 2024.

  • Charges

    A charge registered on 05 Dec 2016 via Charge ID 100068888 with Others was fully satisfied on 27 Sep 2024.

  • Charges

    A charge registered on 31 Dec 2015 via Charge ID 10621137 with Others was fully satisfied on 27 Sep 2024.

  • Charges

    A charge with Bank Of India amounted to Rs. 1.10 Cr with Charge ID 100982019 was registered on 29 Aug 2024.

  • Charges

    A charge with Bank Of India amounted to Rs. 0.16 Cr with Charge ID 100982016 was registered on 28 Aug 2024.

Frequently asked questions

  • What is the Incorporation or founding date of Fortunecoat Industries Private Limited?

    Fortunecoat Industries Private Limited was incorporated on 23 Mar 2009.

  • What is authorized share capital and paid-up capital of Fortunecoat Industries Private Limited?

    The authorized share capital of Fortunecoat Industries Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 7.50 M.

  • Who are the current board members & directors of Fortunecoat Industries Private Limited?

    Currently 2 directors are associated with Fortunecoat Industries Private Limited.

    • Archana Ajit Otavanekar
    • Atharva Ajit Otavanekar

  • What is the registered address of Fortunecoat Industries Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Fortunecoat Industries Private Limited is Ganga Bhagyodaya '5' 949/A-3 Plot No-1 'E' Ward, Kasaba Bavada India, Kolhapur, Maharashtra, 416005.

  • What is the corporate identification number (CIN) and company number of Fortunecoat Industries Private Limited?

    The corporate identification number (CIN) of Fortunecoat Industries Private Limited is U27106PN2009PTC133674 and the company number is 133674 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Fortunecoat Industries Private Limited?

    The Official website of Fortunecoat Industries Private Limited is https://www.fortunecoat.com

  • What has been the recent revenue trend for Fortunecoat Industries Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Fortunecoat Industries Private Limited has risen by 28.57%.

  • What change has been observed in the net worth of Fortunecoat Industries Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Fortunecoat Industries Private Limited has experienced an upsurge of 9.45%.

  • What are the total open charges for Fortunecoat Industries Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Fortunecoat Industries Private Limited amount to ₹ 12.76 Cr.

  • When was the last Balance Sheet of Fortunecoat Industries Private Limited filed with the ROC?

    The most recent Balance Sheet for Fortunecoat Industries Private Limited was filed with the ROC on 31 Mar 2024.

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