About Fortune Financial & Equities Services Private Limited
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Fortune Financial & Equities Services Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 20 March 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65923MH2013PTC241141. Its GSTIN is 27AACCF1589L1Z8 (Maharashtra).
The company has an authorised share capital of ₹25.5 Cr and a paid-up capital of ₹20 Cr. It is led by directors Nimish Chandulal Shah and Mitesh Dedhia.
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 1003 Lodha Supremus Off Worli Naka Dr E Moses Road, Mumbai, Maharashtra, India – 400018.
As per the financials filed for FY 2025, the company reported a revenue of ₹68.49 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹29.08 Cr (net margin 42.5%) and EBITDA of ₹41.14 Cr (EBITDA margin 60.1%). Revenue has grown at a compounded annual rate (CAGR) of 125% over three years and 114% over five years.
Court records list 2 cases involving the company, including 2 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website fortunefinancial.co.in.
Company details
Contact details
Fortune Financial & Equities Services Private Limited's registered office is in Mumbai, Maharashtra. Its website is fortunefinancial.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address1003 Lodha Supremus Off Worli Naka Dr E Moses Road, Mumbai, Maharashtra, India – 400018
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Fortune Financial & Equities Services 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 Financial & Equities Services is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Fortune Financial & Equities Services Private Limited, buy the company report.
Financials of Fortune Financial & Equities Services Private Limited
FY 2025 filings availableFortune Financial & Equities Services Private Limited reported revenue of ₹68.49 Cr (up 674% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 114% over five years, including 674% growth in the latest year. EBITDA rose 489% 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 | ₹41.14 Cr | ||||
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| Net Profit (PAT) | ₹29.08 Cr | ||||
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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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| Profitability | |||||
| EBITDA Margin | 60.1% | ||||
| Net Profit Margin | 42.5% | ||||
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To see the full financial statements and ratios of Fortune Financial & Equities Services Private Limited, buy the company report.
Board of directors of Fortune Financial & Equities Services Private Limited
Fortune Financial & Equities Services 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 |
|---|---|---|---|---|
| Mitesh Dedhia Also directs: Aadi Management Solutions LLP, Palmetto Trading Private Limited, Storeport Private Limited and 1 more | Additional Director | 26 Mar 2025 | 1 Years 7 Months | Current |
| Nimish Chandulal Shah Also directs: Adwait Alliance LLP, Fortune Corporate Consultancy Services LLP, Umrigar Investments Private Limited and 2 more | Director | 20 Mar 2013 | 13 Years 7 Months | Current |
Peer comparison
Fortune Financial & Equities Services Private Limited is compared with the 4 companies closest to it by revenue in the BFSI industry (Other Financial Services), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sbicap Trustee Company Limited | ₹69.17 Cr (FY 2025) | 14.0% | Mumbai, Maharashtra, India | |||
| Iti Holdings and Investment Private Limited | ₹68.54 Cr (FY 2025) | -81.0% | Chennai, Tamil Nadu, India | |||
| Fortune Financial & Equities Services Private Limitedthis company | ₹68.49 Cr (FY 2025) | ₹29.08 Cr | 42.5% | 674.0% | Mumbai, Maharashtra, India | |
| Lincoln International Advisors Private Limited | ₹67.93 Cr (FY 2025) | 72.0% | Mumbai, Maharashtra, India | |||
| Plada Infotech Services Limited | ₹67.72 Cr (FY 2025) | 6.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Fortune Financial & Equities Services Private Limited, buy the company report.
Auditor
Fortune Financial & Equities Services Private Limited is audited by NipunSudhir&Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NipunSudhir&Associates | FY 2023 | 0126168W |
Shareholding
The shareholding of Fortune Financial & Equities Services Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Fortune Financial & Equities Services Private Limited, buy the company report.
Legal cases
Fortune Financial & Equities Services Private Limited has 2 court cases on record: 2 filed by Fortune Financial & Equities Services. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Court case (CARBP) | Filed by the company against Central Depository Services India Ltd | Disposed |
| High Court, MAHARASHTRA | Arbitration matter | Filed by the company against Anugrah Stock and Broking Private Limited | Disposed |
To see the full case history of Fortune Financial & Equities Services 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 Financial & Equities Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Fortune Financial & Equities Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCF1589L1Z8 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Fortune Financial & Equities Services Private Limited, buy the company report.
Recent activity
Fortune Financial & Equities Services Private Limited has 5 board changes on record since 2013: 2 appointments and 3 cessations. The latest: Jalpa Nimish Shah ceased to be Director on 27 Mar 2025.
Frequently asked questions
Fortune Financial & Equities Services is an active private limited company based in Mumbai, Maharashtra, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 20 March 2013 (13+ years old) and is registered under CIN U65923MH2013PTC241141.
Fortune Financial & Equities Services has 2 current directors:
- Mitesh Dedhia - Additional Director
- Nimish Chandulal Shah - Director
The latest financial statements of Fortune Financial & Equities Services 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 Financial & Equities Services is 27AACCF1589L1Z8, registered in Maharashtra.
The CIN (Corporate Identification Number) of Fortune Financial & Equities Services is U65923MH2013PTC241141. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fortune Financial & Equities Services has 2 court cases on record: 2 filed by the company.
Fortune Financial & Equities Services was incorporated on 20 March 2013, making it 13+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Fortune Financial & Equities Services by revenue are Sbicap Trustee Company Limited, Iti Holdings and Investment Private Limited, Lincoln International Advisors Private Limited, Plada Infotech Services Limited, all in the BFSI industry (Other Financial Services), with the same principal business activity (other financial activities).
Jalpa Nimish Shah ceased to be Director on 27 Mar 2025. Mitesh Dedhia was appointed as Additional Director on 26 Mar 2025. Chaitanya Ravindra Mehta ceased to be Additional Director on 01 Feb 2021. Fortune Financial & Equities Services has 5 board changes on record in total.
Fortune Financial & Equities Services can be reached through the website fortunefinancial.co.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Fortune Financial & Equities Services is at 1003 Lodha Supremus Off Worli Naka Dr E Moses Road, Mumbai, Maharashtra, India – 400018.
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