Fortuna Innovative Solutions Private Limited
About Fortuna Innovative Solutions Private Limited
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Fortuna Innovative Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the real estate financing segment of the financial services sector. It was incorporated on 14 March 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2006PTC038733. Its GSTIN is 29AAACF9622L1Z8 (Karnataka).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹4 Lakh. It is led by directors Venati Suneel (Managing Director) and Padmaiah Vuppu.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at No 19 2nd Floor 4th Main Chikkaugodi New Exten Tavarakere Main Road, Bangalore, Karnataka, India – 560081.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
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- Registered AddressNo 19 2nd Floor 4th Main Chikkaugodi New Exten Tavarakere Main Road, Bangalore, Karnataka, India – 560081
- IndustryFinancial Services, Real Estate Financing
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Business Activity of Fortuna Innovative Solutions Private Limited
The main business activity of Fortuna Innovative Solutions is real estate. In detail, this covers real estate activities with own or leased property.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Fortuna Innovative Solutions Private Limited FY 2022 filings available
Fortuna Innovative Solutions Private Limited reported revenue of ₹5,855 (down 99% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR) of Fortuna Innovative Solutions Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 68% over five years, including a 99% fall in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Fortuna Innovative Solutions Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | •••• | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | •••• | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Fortuna Innovative Solutions Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Fortuna Innovative Solutions are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Fortuna Innovative Solutions Private Limited
Fortuna Innovative Solutions Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Real Estate Leasing). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| HCG Estate Private Limited | ₹6,000 (FY 2018) | •••• | •••• | •••• | New Delhi, Delhi, India | |
| Shiva Krishan Estates Private Limited | ₹6,000 (FY 2025) | •••• | •••• | 7.0% | •••• | New Delhi, Delhi, India |
| Allied Aawas Private Limited | ₹6,000 (FY 2016) | •••• | •••• | •••• | Howrah, West Bengal, India | |
| Tirthankar Infracon Private Limited | ₹6,000 (FY 2025) | •••• | •••• | 2.0% | •••• | Guwahati, Assam, India |
| Aakaanksha Aavas Private Limited | ₹6,000 (FY 2017) | •••• | •••• | •••• | Kolkata, West Bengal, India | |
| Fortuna Innovative Solutions Private Limited this company | ₹5,855 (FY 2022) | •••• | •••• | -99.0% | •••• | Bangalore, Karnataka, India |
| Krishna Dealmark Private Limited | ₹5,800 (FY 2025) | •••• | •••• | 9.0% | •••• | Kolkata, West Bengal, India |
| Waterbuck Farms Private Limited | ₹5,780 (FY 2025) | •••• | •••• | •••• | Hyderabad, Telangana, India | |
| Shukra Buildcon Private Limited | ₹5,770 (FY 2025) | •••• | •••• | -19.0% | •••• | Basaveshwaranagar, Karnataka, India |
| Festival Cinemas and Organic Private Limited | ₹5,760 (FY 2024) | •••• | •••• | •••• | Jaipur, Rajasthan, India | |
| Vyom Vahini Private Limited | ₹5,753 (FY 2025) | •••• | •••• | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Fortuna Innovative Solutions by revenue in the BFSI industry (Real Estate Leasing), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Fortuna Innovative Solutions Private Limited
Fortuna Innovative Solutions Private Limited is audited by MATHAD ASSOCIATES for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MATHAD ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Fortuna Innovative Solutions Private Limited
Fortuna Innovative Solutions has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Venati Suneel | Managing Director | 14 Mar 2006 | 20 Years 6 Months | Current |
| Padmaiah Vuppu | Director | 14 Mar 2006 | 20 Years 6 Months | Current |
Ownership and Shareholding of Fortuna Innovative Solutions Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Fortuna Innovative Solutions Private Limited
Fortuna Innovative Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Fortuna Innovative Solutions Private Limited
Employment history and EPFO contributions of people linked to Fortuna Innovative Solutions.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Fortuna Innovative Solutions Private Limited
Fortuna Innovative Solutions Private Limited has 2 board changes on record since 2006: 2 appointments. The latest: Padmaiah Vuppu was appointed as Director on 14 Mar 2006.
Credit Ratings, Litigation & Regulatory Alerts for Fortuna Innovative Solutions Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Fortuna Innovative Solutions Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Fortuna Innovative Solutions Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Fortuna Innovative Solutions Private Limited
Fortuna Innovative Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACF9622L1Z8 | Karnataka | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Fortuna Innovative Solutions Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Fortuna Innovative Solutions Private Limited
Fortuna Innovative Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in real estate financing, within the financial services industry. It was incorporated on 14 March 2006 (20+ years old) and is registered under CIN U72200KA2006PTC038733.
Fortuna Innovative Solutions has 2 current directors:
- Venati Suneel - Managing Director
- Padmaiah Vuppu - Director
The GSTIN of Fortuna Innovative Solutions is 29AAACF9622L1Z8, registered in Karnataka.
The CIN (Corporate Identification Number) of Fortuna Innovative Solutions is U72200KA2006PTC038733. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fortuna Innovative Solutions was incorporated on 14 March 2006, making it 20+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Fortuna Innovative Solutions by revenue are HCG Estate Private Limited, Shiva Krishan Estates Private Limited, Allied Aawas Private Limited, Tirthankar Infracon Private Limited, Aakaanksha Aavas Private Limited and 5 more, all in the BFSI industry (Real Estate Leasing).
Padmaiah Vuppu was appointed as Director on 14 Mar 2006. Venati Suneel was appointed as Managing Director on 14 Mar 2006.
The registered office of Fortuna Innovative Solutions is at No 19 2nd Floor 4th Main Chikkaugodi New Exten Tavarakere Main Road, Bangalore, Karnataka, India – 560081.
Fortuna Innovative Solutions has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹4 Lakh.
Fortuna Innovative Solutions operates in the financial services industry, in the real estate financing segment.
No. Fortuna Innovative Solutions is not listed on any stock exchange. It is an unlisted company.