Fortuneplus It Networks Private Limited

IT systems integrator providing infrastructure management, security, networking, and software services.

2011 | Hyderabad, Telangana (India) | Active
Last Updated: July 17, 2024

Fortuneplus It Networks Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 13 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.28 Cr
  • Revenue Growth 82.86%
  • Profit Growth 140.37%
  • Ebitda 139.62%
  • Net Worth 139.34%
  • Total Assets 223.91%

About Fortuneplus It Networks

Fortuneplus It Networks Private Limited (FINPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 15 December 2011 and has a history of 13 years and two months. Its registered office is in Hyderabad, Telangana, India.

The Corporate was formerly known as Rosw It Networks Private Limited. The Company is engaged in the Information Technology 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.

The company currently has active open charges totaling ₹1.28 Cr.

Manohari Kalvakuntla and Sandeep Kalvakuntla serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    fortuneplus.co.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72300TG2011PTC078055

  • Company No.

    078055

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    15 Dec 2011

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Information Technology

Who are the key members and board of directors at Fortuneplus It Networks?

Board Members (2)

Name Designation Appointment Date Status
Manohari Kalvakuntla Country flag representing In Director 18-Feb-2016 Current
Sandeep Kalvakuntla Country flag representing In Director 05-Nov-2013 Current

Financial Performance of Fortuneplus It Networks.

Fortuneplus It Networks Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 82.86% increase. The company also saw a substantial improvement in profitability, with a 140.37% increase in profit. The company's net worth Soared by an impressive increase of 139.34%.

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
82.86%
Revenue from Operations
82.79%
Total Assets
223.91%
Profit or Loss
140.37%
Net Worth
139.34%
EBITDA
139.62%

What is the Ownership and Shareholding Structure of Fortuneplus It Networks?

In 2023, Fortuneplus It Networks had a public 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

₹12.78 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 0.98 Cr
  • Hdfc Bank Limited : 0.30 Cr

Latest Charge Details

Date Lender Amount Status
19 Oct 2022 Hdfc Bank Limited ₹1.73 M Open
15 Mar 2022 Others ₹4.00 M Open
13 Aug 2021 Hdfc Bank Limited ₹1.30 M Open
02 Apr 2016 Others ₹5.75 M Open

How Many Employees Work at Fortuneplus It Networks?

Unlock and access historical data on people associated with Fortuneplus It Networks, 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 Fortuneplus It Networks, 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 Fortuneplus It Networks'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 Fortuneplus It Networks

Recent activity within the organization

  • Annual General Meeting

    Fortuneplus It Networks Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Fortuneplus It Networks Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.73 M with Charge ID 100680234 was registered on 19 Oct 2022.

    19 Oct 2022

  • Charges

    A charge with Others amounted to Rs. 4.00 M with Charge ID 100569811 was registered on 15 Mar 2022.

    15 Mar 2022

  • Charges

    A charge with Others of Rs. 5.75 M registered on 02 Apr 2016 with Charge ID 100019504 was modified on 20 Oct 2021.

    20 Oct 2021

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.30 M with Charge ID 100490897 was registered on 13 Aug 2021.

    13 Aug 2021

Frequently asked questions

  • Fortuneplus It Networks Private Limited was incorporated on 15 Dec 2011.

  • The authorized share capital of Fortuneplus It Networks Private Limited is ₹ 1.00 M and paid-up capital is ₹ 1.00 M.

  • Currently 2 directors are associated with Fortuneplus It Networks Private Limited.

    • Manohari Kalvakuntla
    • Sandeep Kalvakuntla
  • As per Ministry of Corporate Affairs (Mca), the registered address of Fortuneplus It Networks Private Limited is 1-8-450/1/B/87 1St Floor Indian Airlines Colony Begumpet Secunderabad, Hyderabad, Telangana, 500003.

  • The corporate identification number (CIN) of Fortuneplus It Networks Private Limited is U72300TG2011PTC078055 and the company number is 078055 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Fortuneplus It Networks Private Limited is https://www.fortuneplus.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Fortuneplus It Networks Private Limited has risen by 82.86%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Fortuneplus It Networks Private Limited has experienced an upsurge of 139.34%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Fortuneplus It Networks Private Limited amount to ₹ 1.28 Cr.

  • The most recent Balance Sheet for Fortuneplus It Networks Private Limited was filed with the ROC on 31 Mar 2023.

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