About Fortunetech Solutions Private Limited
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Fortunetech Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Fortune Technology Solutions Llc. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 15 December 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2011PTC061676. Its GSTIN is 29AABCF9696F1Z2 (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Sandhya Ramakrishna Kurshitodi and Sabiha Begum.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No 85 Ground Floor Aishwarya Ist Main 4th Cross Doctors' Colony Konankunte, Bangalore, Karnataka, India – 560062.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.26 Cr, a growth of 33% compared to the previous year. For the same year it recorded a net profit of ₹38.71 Lakh (net margin 11.9%) and EBITDA of ₹48.06 Lakh (EBITDA margin 14.7%). Revenue has grown at a compounded annual rate (CAGR) of 28% over three years and 20% over five years.
The company has about 9 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website technovame.com.
Company details
Contact details
Fortunetech Solutions Private Limited's registered office is in Bangalore, Karnataka. Its website is technovame.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo 85 Ground Floor Aishwarya Ist Main 4th Cross Doctors' Colony Konankunte, Bangalore, Karnataka, India – 560062
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Fortunetech Solutions Private Limited, buy the company report.
- 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
Business activity
The main business activity of Fortunetech Solutions is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | 62 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Fortunetech Solutions Private Limited, buy the company report.
Financials of Fortunetech Solutions Private Limited
FY 2025 filings availableFortunetech Solutions Private Limited reported revenue of ₹3.26 Cr (up 33% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 20% over five years, including 33% growth in the latest year. EBITDA rose 37% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹48.06 Lakh | ||||
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| Net Profit (PAT) | ₹38.71 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 14.7% | ||||
| Net Profit Margin | 11.9% | ||||
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To see the full financial statements and ratios of Fortunetech Solutions Private Limited, buy the company report.
Board of directors of Fortunetech Solutions Private Limited
Fortunetech Solutions has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sandhya Ramakrishna Kurshitodi | Director | 15 Dec 2011 | 14 Years 10 Months | Current |
| Sabiha Begum Also directs: Eptime Enterprises Private Limited | Director | 15 Dec 2011 | 14 Years 10 Months | Current |
| Khalid Al Fannah Al Araimi Mohamed Rashid Also directs: Arabian Industries India Private Limited | Director | 25 Aug 2017 | 9 Years 2 Months | Current |
Auditor
Fortunetech Solutions Private Limited is audited by MURALI & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MURALI & CO | FY 2021 | 014985S |
Shareholding
The shareholding of Fortunetech Solutions Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Fortunetech Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Fortunetech Solutions Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Fortunetech Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Fortunetech Solutions Private Limited has a workforce of 9 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Fortunetech Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCF9696F1Z2 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Fortunetech Solutions Private Limited, buy the company report.
Recent activity
Fortunetech Solutions Private Limited has 6 board changes on record since 2011: 3 appointments and 3 cessations. The latest: Badar Mohamed Rashid Al Fanna Al Araimi ceased to be Director on 26 Feb 2018.
Frequently asked questions
Fortunetech Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 15 December 2011 (15+ years old) and is registered under CIN U72200KA2011PTC061676.
Fortunetech Solutions has 3 current directors:
- Sandhya Ramakrishna Kurshitodi - Director
- Sabiha Begum - Director
- Khalid Al Fannah Al Araimi Mohamed Rashid - Director
The latest financial statements of Fortunetech Solutions on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Fortunetech Solutions is 29AABCF9696F1Z2, registered in Karnataka.
The CIN (Corporate Identification Number) of Fortunetech Solutions is U72200KA2011PTC061676. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fortunetech Solutions was incorporated on 15 December 2011, making it 15+ years old. It is registered with the Registrar of Companies, Bangalore.
Badar Mohamed Rashid Al Fanna Al Araimi ceased to be Director on 26 Feb 2018. Khalid Al Fannah Al Araimi Mohamed Rashid ceased to be Additional Director on 27 Sep 2017. Khalid Al Fannah Al Araimi Mohamed Rashid was appointed as Director on 25 Aug 2017. Fortunetech Solutions has 6 board changes on record in total.
Fortunetech Solutions can be reached through the website technovame.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Fortunetech Solutions is at No 85 Ground Floor Aishwarya Ist Main 4th Cross Doctors Colony Konankunte, Bangalore, Karnataka, India – 560062.
Fortunetech Solutions operates in the information technology industry, in the application development and software solutions segment.
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