Fortune Cars Private Limited

Authorized dealer for DAEWOO and Tata Motors, selling passenger cars and providing vehicle servicing and spare parts.

1996 | Thane, Maharashtra (India) | Active
Last Updated:

Fortune Cars Profile

Key Indicators

  • Authorised Capital ₹ 14.00 Cr
  • Paid Up Capital ₹ 10.79 Cr
  • Company Age 28 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 24.68 Cr
  • Satisfied Charges ₹ 91.47 Cr
  • Revenue Growth 53.84%
  • Profit Growth -32.91%
  • Ebitda 3.44%
  • Net Worth 59.17%
  • Total Assets 59.14%

About Fortune Cars

Fortune Cars Private Limited (FCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 05 November 1996 and has a history of 28 years and five months. Its registered office is in Thane, Maharashtra, India.

The Company is engaged in the Automotive Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 14.00 Cr and a paid-up capital of Rs 10.79 Cr.

The company currently has active open charges totaling ₹24.68 Cr. The company has closed loans amounting to ₹91.47 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Fortune Cars Private Limited India is Ekta Agrawal as COMPANY SECRETARY. Sandhya Sharma, Abhijeet Bhansali, Ravi Saxena, and Two other members serve as directors at the Company.

Company Details

  • Location

    Thane, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U50100MH1996PTC103758

  • Company No.

    103758

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    05 Nov 1996

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Automotive

What products or services does Fortune Cars Private Limited offer?

Fortune Cars Private Limited offers a wide range of products and services, including Air Taxi, Bus Rentals & Services, Vehicle Rental, Car Rental, Cars, Motor Cars, Commercial Vehicles & Three Wheelers, Intermediate and Light Commercial Vehicles, Tata Indica Rental, TATA Car, Motorcycles and Cars.

Company report

Fortune Cars Private Limited

Explore comprehensive data for Fortune Cars Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Fortune Cars?

Executive Team (2)

NameDesignationAppointment DateStatus
Ekta Agrawal Company Secretary19-Sep-2022Current
Anilkumar Behl Country flag representing In Managing Director01-Sep-2000Current

Board Members (4)

NameDesignationAppointment DateStatus
Sandhya Sharma Country flag representing In Director 16-Feb-2015Current
Abhijeet Bhansali Country flag representing In Director 09-Feb-2021Current
Ravi Saxena Country flag representing In Director 08-Nov-2007Current
Vinod Sharma Country flag representing In Director 05-Nov-1996Current

Financial Performance of Fortune Cars.

Fortune Cars Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 53.84% increase. The company also saw a substantial fall in profitability, with a 32.91% decrease in profit. The company's net worth Soared by an impressive increase of 59.17%.

Fortune Cars revenue growth over time
Fortune Cars profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
53.84%
Revenue from Operations
53.45%
Total Assets
59.14%
Profit or Loss
-32.91%
Net Worth
59.17%
EBITDA
3.44%

What is the Ownership and Shareholding Structure of Fortune Cars?

In 2023, Fortune Cars had a promoter holding of 46.77% and a public holding of 53.23%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹24.68 Cr

Satisfied Charges

₹91.47 Cr

Charges Breakdown by Lending Institutions

  • Others : 17.88 Cr
  • Standard Chartered Bank : 6.80 Cr

Latest Charge Details

DateLenderAmountStatus
16 Jan 2024Others₹2.36 CrOpen
19 Jun 2023Others₹15.00 CrOpen
17 Mar 2023Others₹5.19 MOpen
18 Jan 2019Standard Chartered Bank₹6.80 CrOpen
27 Sep 2021Others₹0.65 MSatisfied

How Many Employees Work at Fortune Cars?

Fortune Cars has a workforce of 196 employees as of Mar 22, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Fortune Cars Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Fortune Cars, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Fortune Cars's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Fortune Cars

Recent activity within the organization

  • Annual General Meeting

    Fortune Cars Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Fortune Cars Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Charges

    A charge with Others amounted to Rs. 2.36 Cr with Charge ID 100854838 was registered on 16 Jan 2024.

  • Charges

    A charge with Others amounted to Rs. 15.00 Cr with Charge ID 100741650 was registered on 19 Jun 2023.

  • Charges

    A charge registered on 28 Mar 2021 via Charge ID 100463103 with Others was fully satisfied on 24 May 2023.

  • Charges

    A charge registered on 27 Sep 2021 via Charge ID 100488437 with Others was fully satisfied on 11 May 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Fortune Cars Private Limited?

    Fortune Cars Private Limited was incorporated on 05 Nov 1996.

  • What is authorized share capital and paid-up capital of Fortune Cars Private Limited?

    The authorized share capital of Fortune Cars Private Limited is ₹ 14.00 Cr and paid-up capital is ₹ 10.79 Cr.

  • Who are the current board members & directors of Fortune Cars Private Limited?

    Currently 6 directors are associated with Fortune Cars Private Limited.

    • Ekta Agrawal
    • Sandhya Vinod Sharma
    • Abhijeet Chandrakant Bhansali
    • Ravi Kumar Saxena
    • Anilkumar Om Prakash Behl
    • Vinod Kumar Sharma

  • What is the registered address of Fortune Cars Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Fortune Cars Private Limited is Plot No. D-232 Ttc Industrial Area Thane Belapur Road Midc Shirwane Neru L, India, Navi Mumbai, Maharashtra, 400706.

  • What is the corporate identification number (CIN) and company number of Fortune Cars Private Limited?

    The corporate identification number (CIN) of Fortune Cars Private Limited is U50100MH1996PTC103758 and the company number is 103758 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Fortune Cars Private Limited?

    The Official website of Fortune Cars Private Limited is https://www.fortunecars.in

  • What has been the recent revenue trend for Fortune Cars Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Fortune Cars Private Limited has risen by 53.84%.

  • How many employees does Fortune Cars Private Limited currently have?

    As Per 2023 financial reports, 196 employees are currently employed by Fortune Cars Private Limited.

  • What change has been observed in the net worth of Fortune Cars Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Fortune Cars Private Limited has experienced an upsurge of 59.17%.

  • What are the total open charges for Fortune Cars Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Fortune Cars Private Limited amount to ₹ 24.68 Cr.

  • When was the last Balance Sheet of Fortune Cars Private Limited filed with the ROC?

    The most recent Balance Sheet for Fortune Cars Private Limited was filed with the ROC on 31 Mar 2024.

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