Fortuna Ventures Private Limited
About Fortuna Ventures Private Limited
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Fortuna Ventures Private Limited was a private limited company based in Chennai, Tamil Nadu, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the retail trade segment of the trading and commerce sector. It was incorporated on 22 October 2008.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U51909TN2008PTC069641. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹9 Lakh. It was led by directors including Kaninghat Ashok Shanker (Managing Director) and Kuttanellur Shyam.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at Chennai, Tamil Nadu.
As per the financials filed for FY 2017, the company reported a revenue of ₹27,244, a decline of 100% compared to the previous year. For the same year it recorded a net profit of ₹1,874 (net margin 6.9%) and EBITDA of -₹17,395 (EBITDA margin -63.8%).
Company details
Contact details
Fortuna Ventures Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address is in the company report.
- Email
- Registered AddressI Stfloor New No.3 Old No.75A Near Vision Care 1st Avenue Ashok Naga, R, Chennai, Tamil Nadu, India – 600083
- IndustryTrading, Retailers, Retail Trading
To see the full contact details of Fortuna Ventures 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
Financials of Fortuna Ventures Private Limited
FY 2018 filings availableFortuna Ventures Private Limited reported revenue of ₹27,244 (down 100% YoY) for FY 2017.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹27,244 | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹17,395 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹1,874 | ||
| 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -63.8% | ||
| Net Profit Margin | 6.9% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
| Debt-to-Equity Ratio | |||
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| 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 Fortuna Ventures Private Limited, buy the company report.
Board of directors of Fortuna Ventures Private Limited
Fortuna Ventures has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kuttanellur Shyam | Director | 22 Oct 2008 | 18 Years 0 Months | As last reported |
| Kaninghat Ashok Shanker | Managing Director | 22 Oct 2008 | 18 Years 0 Months | As last reported |
| Girish Gopal | Director | 22 Oct 2008 | 18 Years 0 Months | As last reported |
Auditor
Fortuna Ventures Private Limited is audited by T.VGanesaIyer & Co for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| T.VGanesaIyer & Co | FY 2017 | 000856S |
Shareholding
The shareholding of Fortuna Ventures Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Fortuna Ventures Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Fortuna Ventures 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 Fortuna Ventures Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Fortuna Ventures has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Fortuna Ventures Private Limited, buy the company report.
Recent activity
Fortuna Ventures Private Limited has 4 board changes on record since 2008: 3 appointments and 1 cessation. The latest: Sankarakrishnan ceased to be Director on 20 Oct 2010.
Frequently asked questions
Fortuna Ventures has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Fortuna Ventures was a private limited company based in Chennai, Tamil Nadu, India. The company worked in retailers, within the trading industry. It was incorporated on 22 October 2008 and is registered under CIN U51909TN2008PTC069641. The company has been struck off by the Registrar of Companies and is no longer operational.
Fortuna Ventures had 3 directors:
- Kaninghat Ashok Shanker - Managing Director
- Kuttanellur Shyam - Director
- Girish Gopal - Director
The CIN (Corporate Identification Number) of Fortuna Ventures is U51909TN2008PTC069641. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Fortuna Ventures is at I Stfloor New No.3 Old No.75A Near Vision Care 1st Avenue Ashok Naga, R, Chennai, Tamil Nadu, India – 600083.
Fortuna Ventures was incorporated on 22 October 2008. It is registered with the Registrar of Companies, Chennai.
The latest financial statements of Fortuna Ventures on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
No. Fortuna Ventures has 1 GST registration on record and it is cancelled or inactive.
Fortuna Ventures operated in the trading industry, in the retailers segment. It worked in this industry before it was struck off.
Sankarakrishnan ceased to be Director on 20 Oct 2010. Girish Gopal was appointed as Director on 22 Oct 2008. Kaninghat Ashok Shanker was appointed as Managing Director on 22 Oct 2008. Fortuna Ventures has 4 board changes on record in total.
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