About Fortune (Baroda) Network Private Limited
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Fortune (Baroda) Network Private Limited is a private limited company based in Vadodara, Gujarat, India, a subsidiary of Den Networks Limited. It operates in the cable tv and dth services segment of the media and publishing sector. It was incorporated on 08 December 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72200GJ2003PTC043302. Its GSTIN is 24AAACF7861P1Z5 (Gujarat).
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Jayesh Thakorlal Shah and Kirti Shamji Patel.
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 Vadodara, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.48 Cr, a decline of 12% compared to the previous year. For the same year it recorded a net loss of ₹3.88 Lakh (net margin -2.6%) and EBITDA of -₹2.74 Lakh (EBITDA margin -1.9%). Revenue has declined at a compounded annual rate (CAGR) of 18% over three years and 5% over five years.
Court records list 5 cases involving the company, including 5 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website business.google.com.
Company details
Contact details
Fortune (Baroda) Network Private Limited's registered office is in Vadodara, Gujarat. Its website is business.google.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address7 8 & 9 Pinkal Apartment Opp. Shantikunj Society No.2, Near Deep Chambers, Vadodara, Gujarat, India – 390011
- IndustryMedia and Publishing, Cable TV & DTH Services
To see the full contact details of Fortune (Baroda) Network 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 (Baroda) Network is information and communication. In detail, this covers information service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | 63 | Information service activities |
To see the full business activity and turnover split of Fortune (Baroda) Network Private Limited, buy the company report.
Financials of Fortune (Baroda) Network Private Limited
FY 2025 filings availableFortune (Baroda) Network Private Limited reported revenue of ₹1.48 Cr (down 12% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 5% over five years, including a 12% fall in the latest year. EBITDA fell 123% 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 | -₹2.74 Lakh | ||||
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| Net Profit (PAT) | -₹3.88 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 | -1.9% | ||||
| Net Profit Margin | -2.6% | ||||
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To see the full financial statements and ratios of Fortune (Baroda) Network Private Limited, buy the company report.
Board of directors of Fortune (Baroda) Network Private Limited
Fortune (Baroda) Network has 2 current directors and 18 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jayesh Thakorlal Shah | Director | 25 Feb 2022 | 4 Years 8 Months | Current |
| Kirti Shamji Patel Also directs: Greengenie Fuel Technology Private Limited, Om Swami Smaran Developers Private Limited, V2 Realty Private Limited and 4 more | Director | 08 Dec 2003 | 22 Years 10 Months | Current |
Auditor
Fortune (Baroda) Network Private Limited is audited by J HARKISONDAS & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J HARKISONDAS & CO | FY 2021 | 103560W |
Shareholding
The shareholding of Fortune (Baroda) Network Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
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| Others |
To see the full shareholding pattern of Fortune (Baroda) Network Private Limited, buy the company report.
Legal cases
Fortune (Baroda) Network Private Limited has 5 court cases on record: 5 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 0 |
| High courts | 2 | 2 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Appeal | Filed against the company by Acn Digital Private Ltd | Disposed |
| District court, Vadodara, Gujarat | Criminal complaint | Filed against the company by Government of Gujarat | Disposed |
| District court, Vadodara, Gujarat | Court case (WC FATAL LC) | Filed against the company by an individual | Disposed |
| District court, Vadodara, Gujarat | Court case (WC MIS LC) | Filed against the company by an individual | Disposed |
| High Court, GUJARAT | Appeal | Filed against the company by individuals | Disposed |
To see the full case history of Fortune (Baroda) Network 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 (Baroda) Network Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Fortune (Baroda) Network has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACF7861P1Z5 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Fortune (Baroda) Network Private Limited, buy the company report.
Recent activity
Fortune (Baroda) Network Private Limited has 20 board changes on record since 2003: 2 appointments and 18 cessations. The latest: Jayesh Thakorlal Shah ceased to be Additional Director on 30 Sep 2022.
11 earlier events are in the company report.
Frequently asked questions
Fortune (Baroda) Network is an active private limited company based in Vadodara, Gujarat, India. The company works in cable tv and dth services, within the media and publishing industry. It was incorporated on 08 December 2003 (23+ years old) and is registered under CIN U72200GJ2003PTC043302.
Fortune (Baroda) Network has 2 current directors:
- Jayesh Thakorlal Shah - Director
- Kirti Shamji Patel - Director
The latest financial statements of Fortune (Baroda) Network 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 (Baroda) Network is 24AAACF7861P1Z5, registered in Gujarat.
The CIN (Corporate Identification Number) of Fortune (Baroda) Network is U72200GJ2003PTC043302. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fortune (Baroda) Network has 5 court cases on record: 5 filed against it. Most are in the district courts.
Fortune (Baroda) Network was incorporated on 08 December 2003, making it 23+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Jayesh Thakorlal Shah ceased to be Additional Director on 30 Sep 2022. Vinuskumar Chhaganbhai Patel ceased to be Director on 26 Feb 2022. Jayesh Thakorlal Shah was appointed as Director on 25 Feb 2022. Fortune (Baroda) Network has 20 board changes on record in total.
Fortune (Baroda) Network can be reached through the website business.google.com. Its registered office is in Vadodara, Gujarat, India.
The registered office of Fortune (Baroda) Network is at 7 8 & 9 Pinkal Apartment Opp. Shantikunj Society No.2, Near Deep Chambers, Vadodara, Gujarat, India – 390011.