Fortune Constructions Private Limited
About Fortune Constructions Private Limited
Data last updated:
Fortune Constructions Private Limited was a private limited company based in Chennai, Tamil Nadu, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the building construction segment of the construction sector. It was incorporated on 11 November 1994.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U70101TN1994PTC029212.
The company had an authorised share capital of ₹1 Cr and a paid-up capital of ₹62.5 Lakh. It was led by directors Venkataswami Manohar Paul and Venkataswamy Marie Sasikala.
Its last annual general meeting (AGM) was held on 31 July 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at New No 3 Old No 47 4th Street Aj Block 9th Main Road Anna Nagar, Chennai, Tamil Nadu, India – 600040.
As per the financials filed for FY 2017, the company reported a revenue of ₹36,054. For the same year it recorded a net loss of ₹13,620 (net margin -37.8%) and EBITDA of -₹35,514 (EBITDA margin -98.5%).
As per MCA filings, the company had satisfied charges of ₹2 Cr on record. Court records list 12 cases involving the company, including 12 filed by the company; 2 cases are pending.
Company details
CIN history
Fortune Constructions has one previous CIN (Corporate Identification Number): U70101TN1994PLC029212. The current CIN is U70101TN1994PTC029212, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70101TN1994PTC029212 | Current |
| U70101TN1994PLC029212 | Previous |
Contact details
Fortune Constructions Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNew No 3 Old No 47 4th Street Aj Block 9th Main Road Anna Nagar, Chennai, Tamil Nadu, India – 600040
- IndustryConstruction, Buildings
To see the full contact details of Fortune Constructions 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 Constructions 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 |
Financials of Fortune Constructions Private Limited
FY 2017 filings availableFortune Constructions Private Limited reported revenue of ₹36,054 for FY 2017.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹36,054 | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹35,514 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹13,620 | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
| Long-term Borrowings | |||
| Short-term Borrowings | |||
| Trade Payables | |||
| Total Liabilities | |||
| Fixed Assets | |||
| Investments | |||
| Inventories | |||
| Trade Receivables | |||
| Cash and Bank Balance | |||
| Total Assets | |||
Financial Ratios
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -98.5% | ||
| Net Profit Margin | -37.8% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
| Debt-to-Equity Ratio | |||
| Interest Coverage Ratio | |||
| Efficiency and Growth | |||
| Asset Turnover | |||
| Receivable Days | |||
| Payable Days | |||
| Inventory Days | |||
| Revenue Growth | |||
| Net Profit Growth | |||
To see the full financial statements and ratios of Fortune Constructions Private Limited, buy the company report.
Board of directors of Fortune Constructions Private Limited
Fortune Constructions has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Venkataswami Manohar Paul Also directs: Infotech Explorer India Private Limited | Director | 28 May 2008 | 18 Years 4 Months | As last reported |
| Venkataswamy Marie Sasikala | Director | 28 May 2008 | 18 Years 4 Months | As last reported |
Auditor
Fortune Constructions Private Limited is audited by J.S & Co for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J.S & Co | FY 2017 | 006444S |
Shareholding
The shareholding of Fortune Constructions Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Fortune Constructions Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Jun 2000 | 80053881 | Bank of India | ₹2 Cr | Satisfied |
To see the full charge records of Fortune Constructions Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Fortune Constructions Private Limited has 12 court cases on record: 12 filed by Fortune Constructions. 2 cases are pending and 10 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 12 | 0 | 2 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TELANGANA | Criminal complaint | Filed by the company against an individual | Pending |
| High Court, TELANGANA | Writ petition | Filed by the company against The State of Telangana, and 2 others | Pending |
| High Court, TELANGANA | Writ petition | Filed by the company against individuals | Disposed |
| High Court, TELANGANA | Writ petition | Filed by the company against individuals | Disposed |
| High Court, TELANGANA | Writ petition | Filed by the company against The Ap State Consumer Disputes Redressal Commission, and 1 other | Disposed |
To see the full case history of Fortune Constructions 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 Constructions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Fortune Constructions Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Fortune Constructions Private Limited has 5 board changes on record since 2008: 2 appointments and 3 cessations. The latest: Seenivasan Venkatasamy ceased to be Director on 26 Jun 2016.
Frequently asked questions
Fortune Constructions has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Fortune Constructions was a private limited company based in Chennai, Tamil Nadu, India. The company worked in buildings, within the construction industry. It was incorporated on 11 November 1994 and is registered under CIN U70101TN1994PTC029212. The company has been struck off by the Registrar of Companies and is no longer operational.
Fortune Constructions had 2 directors:
- Venkataswami Manohar Paul - Director
- Venkataswamy Marie Sasikala - Director
The CIN (Corporate Identification Number) of Fortune Constructions is U70101TN1994PTC029212. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Fortune Constructions is at New No 3 Old No 47 4th Street Aj Block 9th Main Road Anna Nagar, Chennai, Tamil Nadu, India – 600040.
Fortune Constructions was incorporated on 11 November 1994. It is registered with the Registrar of Companies, Chennai.
The latest financial statements of Fortune Constructions on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 31 July 2017. Year-wise statements from 2015 are in the company report.
Fortune Constructions operated in the construction industry, in the buildings segment. It worked in this industry before it was struck off.
Fortune Constructions has 12 court cases on record: 12 filed by the company. 2 are pending.
Seenivasan Venkatasamy ceased to be Director on 26 Jun 2016. Adusumilli Bhanu Prasad ceased to be Director on 28 May 2008. Adusumilli Subbarao Chowdhary ceased to be Managing Director on 28 May 2008. Fortune Constructions has 5 board changes on record in total.