About Fortune Fasteners Private Limited
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Fortune Fasteners Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the metal manufacturing and processing segment of the metals and mining sector. It was incorporated on 26 February 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U29253DL2010PTC199563. The company has 3 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹22 Lakh. It is led by directors Anil Jain and Shailesh Jain.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at 52/58 Ram Jas Road Karol Bagh, New Delhi, Delhi, India – 110005.
As per the financials filed for FY 2022, the company reported a revenue of ₹43.82 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹25.38 Lakh (net margin 57.9%) and EBITDA of ₹25.86 Lakh (EBITDA margin 59%). Revenue has declined at a compounded annual rate (CAGR) of 20% over three years and 35% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹3.67 Cr on record. Court records list 10 cases involving the company, including 10 filed against it; 1 case is pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website fortunefasteners.com.
Company details
Contact details
Fortune Fasteners Private Limited's registered office is in New Delhi, Delhi. Its website is fortunefasteners.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address52/58 Ram Jas Road Karol Bagh, New Delhi, Delhi, India – 110005
- IndustryMetals and Minerals, Metal Manufacturing & Processing
To see the full contact details of Fortune Fasteners 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
Financials of Fortune Fasteners Private Limited
FY 2022 filings availableFortune Fasteners Private Limited reported revenue of ₹43.82 Lakh (up 577% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue rose 577% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 35%. EBITDA rose 635% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹43.82 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹25.86 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹25.38 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 59% | ||||
| Net Profit Margin | 57.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Quick Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Fortune Fasteners Private Limited, buy the company report.
Board of directors of Fortune Fasteners Private Limited
Fortune Fasteners has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anil Jain | Director | 26 Feb 2010 | 16 Years 8 Months | Current |
| Shailesh Jain | Director | 25 Oct 2010 | 16 Years 0 Months | Current |
Peer comparison
Fortune Fasteners Private Limited is compared with the 4 companies closest to it by revenue in the Metals and Minerals industry (Metals), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shaurya Casting Private Limited | ₹44.99 Lakh (FY 2022) | -71.0% | Ahmedabad, Gujarat, India | |||
| Fortune Fasteners Private Limitedthis company | ₹43.82 Lakh (FY 2022) | ₹25.38 Lakh | 57.9% | 577.0% | New Delhi, Delhi, India | |
| Vaibhaw Re-Rolling Mills Private Limited | ₹43.78 Lakh (FY 2024) | 33.0% | Bokarosteelcity, Jharkhand, India | |||
| Kranti Extrusion Craft Private Limited | ₹43.33 Lakh (FY 2025) | -30.0% | Rajkot, Gujarat, India | |||
| Vijayshri Agro Chemicals Pvt Ltd | ₹43.28 Lakh (FY 2024) | -1.0% | Telangana, India |
To see the full peer comparison of Fortune Fasteners Private Limited, buy the company report.
Auditor
Fortune Fasteners Private Limited is audited by SURESH AJAY & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SURESH AJAY & CO | FY 2022 | 019724N |
Shareholding
The shareholding of Fortune Fasteners Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Fortune Fasteners Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Apr 2011 | 10283213 | Union Bank of India | ₹3.67 Cr | Satisfied |
To see the full charge records of Fortune Fasteners Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Fortune Fasteners Private Limited has 10 court cases on record: 10 filed against it. 1 case is pending and 9 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 10 | 1 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Nagpur, Maharashtra | Civil suit | Filed against the company by M/S. Jayaswal Neco Industries Ltd. | Pending |
| District court, Rohtak, Haryana | Cheque dishonour complaint | Filed against the company by RNJ Metal Pvt. Ltd. Through Director Rajiv Jain | Disposed |
| District court, Rohtak, Haryana | Commercial suit | Filed against the company by RNJ Metal Private Ltd. | Disposed |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by M/S Aum Dacro Coatings Prop Arvind Kumar | Disposed |
| District court, Rohtak, Haryana | Cheque dishonour complaint | Filed against the company by M/S Manish Steel Services Through Prop. Ms. Pushpa Gupta W/O Shri Ram Avtar Gupta | Disposed |
To see the full case history of Fortune Fasteners 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 Fasteners Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Fortune Fasteners has 3 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Fortune Fasteners Private Limited, buy the company report.
Recent activity
Fortune Fasteners Private Limited has 6 board changes on record since 2010: 4 appointments and 2 cessations. The latest: Sitender Singh Kadyan ceased to be Director on 01 Jul 2021.
Frequently asked questions
Fortune Fasteners is an active private limited company based in New Delhi, Delhi, India. The company works in metal manufacturing and processing, within the metals and minerals industry. It was incorporated on 26 February 2010 (16+ years old) and is registered under CIN U29253DL2010PTC199563.
Fortune Fasteners has 2 current directors:
- Anil Jain - Director
- Shailesh Jain - Director
The latest financial statements of Fortune Fasteners on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
No. Fortune Fasteners has 3 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Fortune Fasteners is U29253DL2010PTC199563. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fortune Fasteners has 10 court cases on record: 10 filed against it. 1 is pending.
Fortune Fasteners was incorporated on 26 February 2010, making it 16+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Fortune Fasteners by revenue are Shaurya Casting Private Limited, Vaibhaw Re-Rolling Mills Private Limited, Kranti Extrusion Craft Private Limited, Vijayshri Agro Chemicals Pvt Ltd, all in the Metals and Minerals industry (Metals), with the same principal business activity (metal and metal products).
Sitender Singh Kadyan ceased to be Director on 01 Jul 2021. Ram Kumar ceased to be Director on 20 Jan 2021. Shailesh Jain was appointed as Director on 25 Oct 2010. Fortune Fasteners has 6 board changes on record in total.
Fortune Fasteners can be reached through the website fortunefasteners.com. Its registered office is in New Delhi, Delhi, India.
The registered office of Fortune Fasteners is at 5258 Ram Jas Road Karol Bagh, New Delhi, Delhi, India – 110005.
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