- Category
- Micro (2021-22)
- Udyam number
- UDYAM-TN-02-0062575

About Fortune Abodes Private Limited
Data last updated:
Fortune Abodes Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 25 January 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U45201TN2005PTC055202. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors Vadivelu Rukmani and Vadivelu Rohitrajkumar.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Flat No.12 Dhanalakshmi Apartments Third Floor Door No.74 First Avenue Ashok Nagar, Chennai, Tamil Nadu, India – 600083.
As per the financials filed for FY 2019, the company reported a revenue of ₹4.27 Cr, a decline of 14% compared to the previous year. For the same year it recorded a net profit of ₹2.83 Lakh (net margin 0.7%) and EBITDA of ₹94.47 Lakh (EBITDA margin 22.1%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years.
As per MCA filings, the company has open charges of ₹5.28 Cr on record. Court records list 9 cases involving the company, including 4 filed by the company and 5 filed against it.
Fortune Abodes Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0062575). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website fortuneabodes.com.
Company details
Recognitions & Rankings of Fortune Abodes
Contact details
Fortune Abodes Private Limited's registered office is in Chennai, Tamil Nadu. Its website is fortuneabodes.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressFlat No.12 Dhanalakshmi Apartments Third Floor Door No.74 First Avenue Ashok Nagar, Chennai, Tamil Nadu, India – 600083
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Fortune Abodes 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 Fortune Abodes is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Fortune Abodes Private Limited, buy the company report.
Financials of Fortune Abodes Private Limited
FY 2019 filings availableFortune Abodes Private Limited reported revenue of ₹4.27 Cr (down 14% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue fell 14% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 6%. EBITDA fell 22% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹4.27 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹94.47 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.83 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 22.1% | ||||
| Net Profit Margin | 0.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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| Revenue Growth | |||||
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To see the full financial statements and ratios of Fortune Abodes Private Limited, buy the company report.
Board of directors of Fortune Abodes Private Limited
Fortune Abodes has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vadivelu Rukmani | Director | 25 Jan 2005 | 21 Years 9 Months | Current |
| Vadivelu Rohitrajkumar | Director | 06 Aug 2013 | 13 Years 3 Months | Current |
Peer comparison
Fortune Abodes Private Limited is compared with the 4 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Dawson Buildtech Private Limited | ₹4.28 Cr (FY 2025) | -43.0% | Panchkula, Haryana, India | |||
| SMF Developers Private Limited | ₹4.28 Cr (FY 2025) | -73.0% | New Delhi, Delhi, India | |||
| Fortune Abodes Private Limitedthis company | ₹4.27 Cr (FY 2019) | ₹2.83 Lakh | 0.7% | -14.0% | Chennai, Tamil Nadu, India | |
| Damden Infratech Private Limited | ₹4.27 Cr (FY 2017) | 140.0% | Bangalore, Karnataka, India | |||
| DS & Jaks Constructions Private Limited | ₹4.27 Cr (FY 2022) | 37.0% | Bengaluru, Karnataka, India |
To see the full peer comparison of Fortune Abodes Private Limited, buy the company report.
Auditor
Fortune Abodes Private Limited is audited by KIRUTHIGA & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KIRUTHIGA & CO | FY 2019 | 016010S |
Shareholding
The shareholding of Fortune Abodes Private Limited is on record for 5 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Fortune Abodes Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Apr 2010 | 10214640 | Others | ₹5.28 Cr | Open |
To see the full charge records of Fortune Abodes Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Fortune Abodes Private Limited has 9 court cases on record: 4 filed by Fortune Abodes, 5 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 7 | 3 | 0 |
| District courts | 2 | 2 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South West, Delhi | Criminal case | Filed against the company by Religare Housing Development Finance Corporation Ltd. | Disposed |
| High Court, TAMIL NADU | Appeal | Filed against the company by M/S.Refex Refrigerants Ltd. | Disposed |
| District court, Chennai, Tamil Nadu | Execution petition | Filed against the company by HDFC Bank Limted | Disposed |
| High Court, TAMIL NADU | Appeal | Filed against the company by an individual | Disposed |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed against the company by an individual | Disposed |
To see the full case history of Fortune Abodes Private 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 Fortune Abodes Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Fortune Abodes 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 Fortune Abodes Private Limited, buy the company report.
Recent activity
Fortune Abodes Private Limited has 3 board changes on record since 2005: 2 appointments and 1 cessation. The latest: Vadivelu ceased to be Managing Director on 23 Jan 2020.
Frequently asked questions
Fortune Abodes is an active private limited company based in Chennai, Tamil Nadu, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 25 January 2005 (21+ years old) and is registered under CIN U45201TN2005PTC055202.
Fortune Abodes has 2 current directors:
- Vadivelu Rukmani - Director
- Vadivelu Rohitrajkumar - Director
The latest financial statements of Fortune Abodes on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
No. Fortune Abodes has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Fortune Abodes is U45201TN2005PTC055202. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fortune Abodes has 9 court cases on record: 4 filed by the company and 5 filed against it. Most are in the high courts.
Fortune Abodes was incorporated on 25 January 2005, making it 21+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Fortune Abodes by revenue are Dawson Buildtech Private Limited, SMF Developers Private Limited, Damden Infratech Private Limited, DS & Jaks Constructions Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Vadivelu ceased to be Managing Director on 23 Jan 2020. Vadivelu Rohitrajkumar was appointed as Director on 06 Aug 2013. Vadivelu Rukmani was appointed as Director on 25 Jan 2005.
Yes, Fortune Abodes is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-02-0062575).
Fortune Abodes can be reached through the website fortuneabodes.com. Its registered office is in Chennai, Tamil Nadu, India.

