Fortune Bullion India Private Limited
About Fortune Bullion India Private Limited
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Fortune Bullion India Private Limited is a private limited company based in Jogeshwari West, Maharashtra, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 27 August 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51101MH2014PTC257623. Its GSTIN is 27AACCF4506B1Z6 (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Sartaj Mirza (Managing Director) and Mahelaka Jamil Shaikh.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at 405 Oshiwara Panorama Chs.Ltd 2B Patliputra Nagar, Oshiwara Link Road Jogeshwari West., Maharashtra, India – 400102.
As per the financials filed for FY 2021, the company reported a revenue of ₹5.3 Lakh. For the same year it recorded a net loss of ₹5.2 Lakh (net margin -98.1%) and EBITDA of -₹4.6 Lakh (EBITDA margin -86.8%). Revenue has declined at a compounded annual rate (CAGR) of 17% over five years.
Court records list 2 cases involving the company, including 2 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Fortune Bullion India Private Limited's registered office is in Jogeshwari West, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address405 Oshiwara Panorama Chs.Ltd 2B Patliputra Nagar, Oshiwara Link Road Jogeshwari West., Maharashtra, India – 400102
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Fortune Bullion India 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 Bullion India is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services |
To see the full business activity and turnover split of Fortune Bullion India Private Limited, buy the company report.
Financials of Fortune Bullion India Private Limited
FY 2021 filings availableFortune Bullion India Private Limited reported revenue of ₹5.3 Lakh for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 17% over five years. EBITDA rose 88% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA | -₹4.6 Lakh | ||||
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| Net Profit (PAT) | -₹5.2 Lakh | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| Profitability | |||||
| EBITDA Margin | -86.8% | ||||
| Net Profit Margin | -98.1% | ||||
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To see the full financial statements and ratios of Fortune Bullion India Private Limited, buy the company report.
Board of directors of Fortune Bullion India Private Limited
Fortune Bullion India has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahelaka Jamil Shaikh Also directs: Purnoor Realty Private Limited, NBS Entertainment Private Limited | Director | 27 Aug 2014 | 12 Years 2 Months | Current |
| Sartaj Mirza Also directs: NBS Entertainment Private Limited | Managing Director | 27 Aug 2014 | 12 Years 2 Months | Current |
| Yuvraj Harishkumar Varma Also directs: NBS Entertainment Private Limited | Director | 27 Aug 2014 | 12 Years 2 Months | Current |
Auditor
Fortune Bullion India Private Limited is audited by A V KARKERA & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A V KARKERA & ASSOCIATES | FY 2019 | 125820W |
Shareholding
The shareholding of Fortune Bullion India Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Fortune Bullion India Private Limited, buy the company report.
Legal cases
Fortune Bullion India Private Limited has 2 court cases on record: 2 filed against it. All cases are pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 2 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMONS CASES SS) | Filed against the company by Assistant/Deputy Registrar of Companies Mumbai | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by M/S. Vira Logistics Through Ishan Mahesh Patil | Pending |
To see the full case history of Fortune Bullion India 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 Bullion India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Fortune Bullion India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCF4506B1Z6 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Fortune Bullion India Private Limited, buy the company report.
Recent activity
Fortune Bullion India Private Limited has 3 board changes on record since 2014: 3 appointments. The latest: Mahelaka Jamil Shaikh was appointed as Director on 27 Aug 2014.
Frequently asked questions
Fortune Bullion India is an active private limited company based in Jogeshwari West, Maharashtra, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 27 August 2014 (12+ years old) and is registered under CIN U51101MH2014PTC257623.
Fortune Bullion India has 3 current directors:
- Sartaj Mirza - Managing Director
- Mahelaka Jamil Shaikh - Director
- Yuvraj Harishkumar Varma - Director
The latest financial statements of Fortune Bullion India on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Fortune Bullion India is 27AACCF4506B1Z6, registered in Maharashtra.
The CIN (Corporate Identification Number) of Fortune Bullion India is U51101MH2014PTC257623. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fortune Bullion India has 2 court cases on record: 2 filed against it. 2 are pending.
Fortune Bullion India was incorporated on 27 August 2014, making it 12+ years old. It is registered with the Registrar of Companies, Mumbai.
Mahelaka Jamil Shaikh was appointed as Director on 27 Aug 2014. Sartaj Mirza was appointed as Managing Director on 27 Aug 2014. Yuvraj Harishkumar Varma was appointed as Director on 27 Aug 2014.
The registered office of Fortune Bullion India is at 405 Oshiwara Panorama Chs.Ltd 2B Patliputra Nagar, Oshiwara Link Road Jogeshwari West., Maharashtra, India – 400102.
Fortune Bullion India operates in the financial services industry, in the diversified financial services segment.
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