MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-KR-03-0016196
Fortex Trade Technologies Limited - pharma in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2021
₹2.18 Cr
▲ 49% YoY
Net profit · FY 2021
₹13.98 Lakh
Net margin 6.4%
EBITDA · FY 2021
₹19.77 Lakh
EBITDA margin 9.1%
Authorised capital
₹3 Cr
Registered with MCA
Paid-up capital
₹3 Cr
Issued & subscribed
Company age
7 yrs
Est. 2019
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered
About Fortex Trade Technologies Limited
Data last updated:
Fortex Trade Technologies Limited is a public limited company based in Bangalore, Karnataka, India. It operates in the pharmaceutical retail and distribution segment of the pharmaceuticals sector. It was incorporated on 03 October 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U51909KA2019PLC128440. Its GSTIN is 29AADCF8697C1Z7 (Karnataka).
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹3 Cr. It is led by directors including Sidegonde Thippeswamy and Kanthimath Jambaiah.
Its last annual general meeting (AGM) was held on 29 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at C – 32 Pilligumpa Industrial Area Chokkahalli Kasaba Hobli Hosakote Taluk, Bangalore, Karnataka, India – 562114.
As per the financials filed for FY 2021, the company reported a revenue of ₹2.18 Cr, a growth of 49% compared to the previous year. For the same year it recorded a net profit of ₹13.98 Lakh (net margin 6.4%) and EBITDA of ₹19.77 Lakh (EBITDA margin 9.1%).
Court records list 4 cases involving the company, including 4 filed against it; 1 case is pending.
Fortex Trade Technologies Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0016196). For more details, the company can be reached via its website fortextrade.com.
Company details
CIN U51909KA2019PLC128440
Registration Number 128440
Incorporation Date 03 October 2019
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 November 2021
Date of Balance Sheet 31 March 2021
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0016196
Recognitions & Rankings of Fortex Trade Technologies
Contact details
Fortex Trade Technologies Limited's registered office is in Bangalore, Karnataka. Its website is fortextrade.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressC – 32 Pilligumpa Industrial Area Chokkahalli Kasaba Hobli Hosakote Taluk, Bangalore, Karnataka, India – 562114
- IndustryPharma, Pharmaceutical Retailers & Distributors
To see the full contact details of Fortex Trade Technologies Limited, buy the company report.
Comprehensive company report
Fortex Trade Technologies Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Fortex Trade Technologies is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Fortex Trade Technologies Limited, buy the company report.
Financials of Fortex Trade Technologies Limited
FY 2021 filings availableFortex Trade Technologies Limited reported revenue of ₹2.18 Cr (up 49% YoY) for FY 2021.
Revenue · FY 2021
₹2.18 Cr ▲ 49%
Net profit · FY 2021
₹13.98 Lakh margin 6.4%
EBITDA · FY 2021
₹19.77 Lakh margin 9.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 49%
EBITDA CAGR growth
1 year
▲ 261%
Revenue rose 49% in the latest year. EBITDA rose 261% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2020-21 | FY 2019-20 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ₹2.18 Cr | |
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹19.77 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹13.98 Lakh | |
| 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
| Metrics | FY 2020-21 | FY 2019-20 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 9.1% | |
| Net Profit Margin | 6.4% | |
| 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 | ||
To see the full financial statements and ratios of Fortex Trade Technologies Limited, buy the company report.
Board of directors of Fortex Trade Technologies Limited
Fortex Trade Technologies has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sidegonde Thippeswamy Also directs: Premier Global Corporate Solutions Private Limited | Director | 22 Aug 2022 | 4 Years 2 Months | Current |
| Kanthimath Jambaiah Also directs: Hemetro India Private Limited | Director | 12 Aug 2024 | 2 Years 2 Months | Current |
| Prakash Subramanyam | Director | 22 Aug 2022 | 4 Years 2 Months | Current |
Peer comparison
Fortex Trade Technologies Limited is compared with the 4 companies closest to it by revenue in the Ecommerce and Internet industry (Food and Beverages Retail and Distribution, Online Service Providers), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Puramio India Private Limited | ₹2.19 Cr (FY 2024) | 45.0% | Indore, Madhya Pradesh, India | |||
| Ah Foodstuff Private Limited | ₹2.19 Cr (FY 2023) | Faridabad, Haryana, India | ||||
| Ahadiar Trading Private Limited | ₹2.19 Cr (FY 2023) | 956.0% | Delhi, India | |||
| Fortex Trade Technologies Limitedthis company | ₹2.18 Cr (FY 2021) | ₹13.98 Lakh | 6.4% | 49.0% | Bangalore, Karnataka, India | |
| Shivam Multi Ventures Private Limited | ₹2.18 Cr (FY 2016) | 5.0% | New Delhi, Delhi, India |
To see the full peer comparison of Fortex Trade Technologies Limited, buy the company report.
Auditor
Fortex Trade Technologies Limited is audited by CA SUNIL KALABURGI for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CA SUNIL KALABURGI | FY 2021 | 015978S |
Shareholding
The shareholding of Fortex Trade Technologies Limited is on record for 2 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Fortex Trade Technologies Limited, buy the company report.
Legal cases
Fortex Trade Technologies Limited has 4 court cases on record: 4 filed against it. 1 case is pending and 3 are disposed.
Total cases
4
Filed against the company
4
Pending
1
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 1 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chennai, Tamil Nadu | Court case (PC) | Filed against the company by Pota Global Logistics India Pvt Ltd Rep by K.Swaminathan | Pending |
| District court, South, Delhi | Civil suit | Filed against the company by Emu Lines Pvt.Ltd. | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Ab Marketing Company Rep by Jayapraksh Shervegar | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Ab Marketing Company Rep by Jayaprakash Shervegar | Disposed |
To see the full case history of Fortex Trade Technologies Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Fortex Trade Technologies Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Fortex Trade Technologies Limited has 1 active EPFO establishment as of Sep 06, 2025.
Active EPFO establishments
1
GST
Fortex Trade Technologies has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCF8697C1Z7 | Karnataka | Active | 17 Nov 2019 |
To see the full GST registrations and return filing status of Fortex Trade Technologies Limited, buy the company report.
Recent activity
Fortex Trade Technologies Limited has 9 board changes on record since 2020: 3 appointments and 6 cessations. The latest: Vasan Seetaraman Thatai ceased to be Director on 13 Aug 2024.
Ceased
Vasan Seetaraman Thatai ceased to be Director.
Appointed
Kanthimath Jambaiah was appointed as Director.
Ceased
Narayanaswamy Udayakumar ceased to be Director.
Ceased
Ramesh Kanchukommala ceased to be Director.
Ceased
Vijaya Lakshmi Kanchu Komala ceased to be Director.
Appointed
Prakash Subramanyam was appointed as Director.
Appointed
Sidegonde Thippeswamy was appointed as Director.
Ceased
Loti Nagesh Rao ceased to be Director.
AGM
Fortex Trade Technologies Limited last Annual general meeting of members was held on 29 Nov 2021 as per latest MCA records.
Filing
Fortex Trade Technologies Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Bangalore.
Ceased
Sidegonde Thippeswamy ceased to be Director.
Incorporation
03 Oct 2019
Fortex Trade Technologies Limited was registered on 03 Oct 2019 with Roc Bangalore & aged 7 years 1 month as per MCA records.
Frequently asked questions
Fortex Trade Technologies is an active public limited company based in Bangalore, Karnataka, India. The company works in pharmaceutical retailers and distributors, within the pharma industry. It was incorporated on 03 October 2019 (7+ years old) and is registered under CIN U51909KA2019PLC128440.
Fortex Trade Technologies has 3 current directors:
- Sidegonde Thippeswamy - Director
- Kanthimath Jambaiah - Director
- Prakash Subramanyam - Director
The latest financial statements of Fortex Trade Technologies on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 29 November 2021. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Fortex Trade Technologies is 29AADCF8697C1Z7, registered in Karnataka.
The CIN (Corporate Identification Number) of Fortex Trade Technologies is U51909KA2019PLC128440. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fortex Trade Technologies has 4 court cases on record: 4 filed against it. 1 is pending.
Fortex Trade Technologies was incorporated on 03 October 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Fortex Trade Technologies by revenue are Puramio India Private Limited, Ah Foodstuff Private Limited, Ahadiar Trading Private Limited, Shivam Multi Ventures Private Limited, all in the Ecommerce and Internet industry (Food and Beverages Retail and Distribution, Online Service Providers), with the same principal business activity (wholesale trading).
Vasan Seetaraman Thatai ceased to be Director on 13 Aug 2024. Kanthimath Jambaiah was appointed as Director on 12 Aug 2024. Narayanaswamy Udayakumar ceased to be Director on 23 Oct 2023. Fortex Trade Technologies has 9 board changes on record in total.
Yes, Fortex Trade Technologies is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0016196).
Fortex Trade Technologies can be reached through the website fortextrade.com. Its registered office is in Bangalore, Karnataka, India.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages