About Fortune Associates Private Limited
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Fortune Associates Private Limited is a private limited company based in Keonjhar, Odisha, India. It operates in the metals retail and distribution segment of the metals and mining sector. It was incorporated on 06 June 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U13209OR2008PTC010079. Its GSTIN is 21AABCF2336E1ZD (Odisha).
The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹3.69 Cr. It is led by directors Manoj Kumar Munda (Managing Director) and Bibhudatta Munda.
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 Plot No.155/2010 Pabitradiha Kamargadia Unit – 14, Keonjhar, Odisha, India – 758001.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.58 Cr, a growth of 109% compared to the previous year. For the same year it recorded a net profit of ₹13.67 Lakh (net margin 5.3%) and EBITDA of ₹50.06 Lakh (EBITDA margin 19.4%). Revenue has declined at a compounded annual rate (CAGR) of 3% over three years and 20% over five years.
As per MCA filings, the company has open charges of ₹82.39 Lakh and satisfied charges of ₹14.6 Cr on record. Court records list 9 cases involving the company, including 1 filed by the company and 8 filed against it; 4 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website fortuneodisha.org.
Company details
Contact details
Fortune Associates Private Limited's registered office is in Keonjhar, Odisha. Its website is fortuneodisha.org. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No.155/2010 Pabitradiha Kamargadia Unit – 14, Keonjhar, Odisha, India – 758001
- IndustryMetals and Minerals, Metal Retail & Distribution, Mining & Mineral Extraction
To see the full contact details of Fortune Associates 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 Associates is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Fortune Associates Private Limited, buy the company report.
Financials of Fortune Associates Private Limited
FY 2025 filings availableFortune Associates Private Limited reported revenue of ₹2.58 Cr (up 109% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 109% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 20%. EBITDA fell 25% 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 | ₹50.06 Lakh | ||||
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| Net Profit (PAT) | ₹13.67 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 | 19.4% | ||||
| Net Profit Margin | 5.3% | ||||
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To see the full financial statements and ratios of Fortune Associates Private Limited, buy the company report.
Board of directors of Fortune Associates Private Limited
Fortune Associates has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manoj Kumar Munda | Managing Director | 30 Jul 2009 | 17 Years 3 Months | Current |
| Bibhudatta Munda | Director | 30 Dec 2021 | 4 Years 10 Months | Current |
Auditor
Fortune Associates Private Limited is audited by Ddca & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Ddca & Associates | FY 2023 | 330380E |
Shareholding
The shareholding of Fortune Associates Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Fortune Associates Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Dec 2017 | 100148204 | Others | ₹82.39 Lakh | Open | |
| 29 Mar 2016 | 100019035 | Others | ₹1 | Open | |
| 30 Nov 2017 | 100155472 | Others | ₹2.58 Cr | Satisfied | |
| 22 Aug 2016 | 100058426 | Others | ₹70.05 Lakh | Satisfied | |
| 22 Aug 2016 | 100058428 | Others | ₹70.05 Lakh | Satisfied |
To see the full charge records of Fortune Associates Private Limited, buy the company report.
Total charge records: 14 View all charges
Legal cases
Fortune Associates Private Limited has 9 court cases on record: 1 filed by Fortune Associates, 8 filed against it. 4 cases are pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 7 | 4 |
| High courts | 1 | 1 | 0 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Srei Equipment Finance Ltd | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Madhusudan Organics Private Limited | Disposed |
| District court, Khurda, Odisha | Court case (I . c. c) | Filed against the company by an individual | Pending |
| District court, Cuttack, Orissa | Court case (2(C)CC (Comp.)) | Filed against the company by The Asst. Registrar of Companies-Cum-Asst. Official Liqidator,Odisha | Pending |
| High Court, ORISSA | Writ petition | Filed against the company by an individual | Disposed |
To see the full case history of Fortune Associates 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.
Credit ratings & regulatory alerts
Fortune Associates Private Limited was last rated by Crisil on 10 Dec 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 10 Dec 2020 |
To see the full credit ratings and regulatory alerts of Fortune Associates Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Fortune Associates Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Fortune Associates Private Limited has 1 active EPFO establishment as of Mar 31, 2024.
GST
Fortune Associates has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AABCF2336E1ZD | Odisha | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Fortune Associates Private Limited, buy the company report.
Recent activity
Fortune Associates Private Limited has 7 board changes on record since 2009: 2 appointments and 5 cessations. The latest: Bibhudatta Munda was appointed as Director on 30 Dec 2021.
26 earlier events are in the company report.
Frequently asked questions
Fortune Associates is an active private limited company based in Keonjhar, Odisha, India. The company works in metal retail and distribution, within the metals and minerals industry. It was incorporated on 06 June 2008 (18+ years old) and is registered under CIN U13209OR2008PTC010079.
Fortune Associates has 2 current directors:
- Manoj Kumar Munda - Managing Director
- Bibhudatta Munda - Director
The latest financial statements of Fortune Associates 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 Fortune Associates is 21AABCF2336E1ZD, registered in Odisha.
The CIN (Corporate Identification Number) of Fortune Associates is U13209OR2008PTC010079. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fortune Associates has 9 court cases on record: 1 filed by the company and 8 filed against it. 4 are pending. Most are in the district courts.
Fortune Associates was incorporated on 06 June 2008, making it 18+ years old. It is registered with the Registrar of Companies, Cuttack.
Bibhudatta Munda was appointed as Director on 30 Dec 2021. Nirod Kumar Mohapatra ceased to be Director on 30 Dec 2021. Mohammed Imdad ceased to be Director on 31 Jul 2021. Fortune Associates has 7 board changes on record in total.
Fortune Associates can be reached through the website fortuneodisha.org. Its registered office is in Keonjhar, Odisha, India.
The registered office of Fortune Associates is at Plot No.1552010 Pabitradiha Kamargadia Unit – 14, Keonjhar, Odisha, India – 758001.