Fortune Finsec Private Limited
About Fortune Finsec Private Limited
Data last updated:
Fortune Finsec Private Limited is a private limited company based in Indore, Madhya Pradesh, India. It operates in the advisory services segment of the financial services sector. It was incorporated on 22 September 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U65921MP1997PTC012319. Its GSTIN is 23AAACF6273H1ZS (Madhya Pradesh).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1.14 Lakh. It is led by directors Suresh Kumar Kakani and Govinda Kakani.
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 214 Starlit Tower 29 – Y.N. Road, Indore, Madhya Pradesh, India – 452001.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.36 Cr, a growth of 33% compared to the previous year. For the same year it recorded a net profit of ₹41.7 Lakh (net margin 17.7%) and EBITDA of ₹56.45 Lakh (EBITDA margin 24%). Revenue has grown at a compounded annual rate (CAGR) of 29% over three years and 12% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address214 Starlit Tower 29 – Y.N. Road, Indore, Madhya Pradesh, India – 452001
- IndustryFinancial Services, Advisory, Consultancy, Financial Brokerage
- 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
- One PDF report, delivered after checkout
Business Activity of Fortune Finsec Private Limited
The main business activity of Fortune Finsec is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Fortune Finsec Private Limited FY 2025 filings available
Fortune Finsec Private Limited reported revenue of ₹2.36 Cr (up 33% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Fortune Finsec Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 33% growth in the latest year. EBITDA rose 151% 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 of Fortune Finsec Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹56.45 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹41.7 Lakh | •••• | •••• | •••• | •••• |
| 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 of Fortune Finsec Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 24% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 17.7% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Fortune Finsec are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Fortune Finsec Private Limited
Fortune Finsec has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suresh Kumar Kakani Also directs: Friends Finvest Private Limited | Director | 22 Sep 1997 | 29 Years 0 Months | Current |
| Govinda Kakani | Director | 25 Nov 2011 | 14 Years 10 Months | Current |
Peer Comparison of Fortune Finsec Private Limited
Fortune Finsec Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Financial Advisory, brokerage and Consultancy Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Pentad Securities Private Limited | ₹2.36 Cr (FY 2025) | •••• | •••• | 26.0% | •••• | Ernakulam, Kerala, India |
| Fission Wealth Private Limited | ₹2.36 Cr (FY 2024) | •••• | •••• | 21.0% | •••• | Mumbai, Maharashtra, India |
| MLB Securities Ltd. | ₹2.36 Cr (FY 2025) | •••• | •••• | -44.0% | •••• | Kolkata, West Bengal, India |
| Jericho Ventures Private Limited | ₹2.36 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | Mumbai, Maharashtra, India |
| Fundsmart Finserv Private Limited | ₹2.36 Cr (FY 2025) | •••• | •••• | 53.0% | •••• | Pune, Maharashtra, India |
| Fortune Finsec Private Limited this company | ₹2.36 Cr (FY 2024) | •••• | •••• | 33.0% | •••• | Indore, Madhya Pradesh, India |
| Veljan Investments Limited | ₹2.35 Cr (FY 2025) | •••• | •••• | -34.0% | •••• | Telangana, India |
| Naman Vintrade Private Limited | ₹2.35 Cr (FY 2025) | •••• | •••• | 71.0% | •••• | Kolkata, West Bengal, India |
| Bajaj Capital Markets Limited | ₹2.35 Cr (FY 2025) | •••• | •••• | 30.0% | •••• | New Delhi, Delhi, India |
| R & D Capital Private Limited | ₹2.35 Cr (FY 2025) | •••• | •••• | 50.0% | •••• | Bangalore, Karnataka, India |
| Four Dimensions Financial Services Private Limited | ₹2.34 Cr (FY 2024) | •••• | •••• | 65.0% | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below Fortune Finsec by revenue in the same principal business activity (Financial Advisory, brokerage and Consultancy Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Ownership and Shareholding of Fortune Finsec Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Fortune Finsec Private Limited
Fortune Finsec Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Fortune Finsec Private Limited
Employment history and EPFO contributions of people linked to Fortune Finsec.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Fortune Finsec Private Limited
Fortune Finsec Private Limited has 3 board changes on record since 1997: 2 appointments and 1 cessation. The latest: Narsingh Kakani ceased to be Director on 29 Nov 2011.
Credit Ratings, Litigation & Regulatory Alerts for Fortune Finsec Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Fortune Finsec Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Fortune Finsec Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Fortune Finsec Private Limited
Fortune Finsec has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAACF6273H1ZS | Madhya Pradesh | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Fortune Finsec Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Fortune Finsec Private Limited
Fortune Finsec is an active private limited company based in Indore, Madhya Pradesh, India. The company works in advisory, within the financial services industry. It was incorporated on 22 September 1997 (29+ years old) and is registered under CIN U65921MP1997PTC012319.
Fortune Finsec reported revenue of ₹2.36 Cr for FY 2024 (up 33% YoY).
Fortune Finsec has 2 current directors:
- Suresh Kumar Kakani - Director
- Govinda Kakani - Director
Fortune Finsec reported a net profit of ₹41.7 Lakh (net margin 17.7%) and EBITDA of ₹56.45 Lakh (EBITDA margin 24%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Fortune Finsec is 29% over three years and 12% over five years. In the latest year (FY 2024) revenue rose 33%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Fortune Finsec is 23AAACF6273H1ZS, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Fortune Finsec is U65921MP1997PTC012319. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fortune Finsec was incorporated on 22 September 1997, making it 29+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Fortune Finsec by revenue are Pentad Securities Private Limited, Fission Wealth Private Limited, MLB Securities Ltd, Jericho Ventures Private Limited, Fundsmart Finserv Private Limited and 5 more, all in the same principal business activity (Financial Advisory, brokerage and Consultancy Services).
Narsingh Kakani ceased to be Director on 29 Nov 2011. Govinda Kakani was appointed as Director on 25 Nov 2011. Suresh Kumar Kakani was appointed as Director on 22 Sep 1997.
The registered office of Fortune Finsec is at 214 Starlit Tower 29 – Y.N. Road, Indore, Madhya Pradesh, India – 452001.