About Fortune Five Hydel Projects Private Limited
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Fortune Five Hydel Projects Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Greenko Wind Projects Private Limited. It operates in the wind energy solutions segment of the environmental services sector. It was incorporated on 27 June 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U40101KA2005PTC036626. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹250 Cr and a paid-up capital of ₹242.52 Cr. It is led by directors including Prathipati Ananda Srinivasa Rao and Jampana Venkata Satyadurgaprasada Raju.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No 66 4th A Cross 3rd Main Dollars Colony Rmv 2nd Stage, Bangalore, Karnataka, India – 560094.
As per the financials filed for FY 2025, the company reported a revenue of ₹85.84 Cr, a decline of 14% compared to the previous year. For the same year it recorded a net loss of ₹6.9 Cr (net margin -8%) and EBITDA of ₹63.87 Cr (EBITDA margin 74.4%). Revenue has declined at a compounded annual rate (CAGR) of 4% over three years and 6% over five years.
The company has about 66 employees on its provident fund (EPFO) records. Its group structure includes 4 subsidiaries.
The company is associated with 1 brand: Greenko Group. As per MCA filings, the company has open charges of ₹485.88 Cr and satisfied charges of ₹1,799 Cr on record. Court records list 19 cases involving the company, including 11 filed by the company and 8 filed against it; 8 cases are pending. The company has 7 deals on record (3 secondary share transfers, 2 acquisitions, 1 funding round), with disclosed funding of ₹47 Cr; the latest was in September 2014. Its 10 peer companies in the same principal business activity (electric power generation, transmission and distribution) are compared by revenue, 5 larger and 5 smaller; the largest is Renew Solar Energy (Jharkhand Five) Private Limited with revenue of ₹87.5 Cr. The company has 6 MSME Form 1 returns on record between 2019 and 2022, listing 9 overdue payments to 5 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website fortunefiveprojects.com.
Company details
Contact details
Fortune Five Hydel Projects Private Limited's registered office is in Bangalore, Karnataka. Its website is fortunefiveprojects.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo 66 4th A Cross 3rd Main Dollars Colony Rmv 2nd Stage, Bangalore, Karnataka, India – 560094
- IndustryEnvironment, Wind Energy Solutions
To see the full contact details of Fortune Five Hydel Projects 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
Brands
Fortune Five Hydel Projects operates one associated brand: Greenko Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Energy transition and decarbonization solutions are provided by Greenko Group. | greenkogroup.com |
Business activity
The main business activity of Fortune Five Hydel Projects is electricity, gas, steam and air condition supply. In detail, this covers electric power generation, transmission and distribution.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution |
To see the full business activity and turnover split of Fortune Five Hydel Projects Private Limited, buy the company report.
Financials of Fortune Five Hydel Projects Private Limited
FY 2024 filings availableFortune Five Hydel Projects Private Limited reported revenue of ₹85.84 Cr (down 14% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 6% over five years, including a 14% fall in the latest year. EBITDA fell 10% 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 | ₹63.87 Cr | ||||
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| Net Profit (PAT) | -₹6.9 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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| EBITDA Margin | 74.4% | ||||
| Net Profit Margin | -8% | ||||
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To see the full financial statements and ratios of Fortune Five Hydel Projects Private Limited, buy the company report.
Board of directors of Fortune Five Hydel Projects Private Limited
Fortune Five Hydel Projects has 3 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prathipati Ananda Srinivasa Rao Also directs: Greenko Up01 Irep Private Limited, Gangdari Hydro Power Private Limited, Kukke Hydro Projects Private Limited and 5 more | Director | 03 Sep 2014 | 12 Years 1 Months | Current |
| Jampana Venkata Satyadurgaprasada Raju Also directs: Greenko Budhil Hydro Power Private Limited, Indeutsche Ties LLP, Sikkim Urja Limited and 5 more | Director | 31 Mar 2023 | 3 Years 6 Months | Current |
| Bava Mohammed Farookh Also directs: BCD Fiza LLP, Fiza Global Agroventures Private Limited, Nadig Promoters and Developers Private Limited and 5 more | Director | 02 Jan 2012 | 14 Years 9 Months | Current |
Peer comparison
Fortune Five Hydel Projects Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (electric power generation, transmission and distribution), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Renew Solar Energy (Jharkhand Five) Private Limited | ₹87.5 Cr (FY 2025) | 20.0% | New Delhi, Delhi, India | |||
| Universal Biomass Energy Private Limited. | ₹87.21 Cr (FY 2025) | 25.0% | Guruharsahai, Punjab, India | |||
| Greenesol Power Systems Private Limited | ₹86.61 Cr (FY 2025) | 14.0% | Hyderabad, Telangana, India | |||
| Juniper Green Sigma Private Limited | ₹86.21 Cr (FY 2025) | -15.0% | New Delhi, Delhi, India | |||
| Renew Wind Energy (Jath) Limited | ₹86 Cr (FY 2025) | 2.0% | New Delhi, Delhi, India | |||
| Fortune Five Hydel Projects Private Limitedthis company | ₹85.84 Cr (FY 2025) | -₹6.9 Cr | -8% | -14.0% | 66 | Bangalore, Karnataka, India |
| Kamuthi Renewable Energy Limited | ₹85.52 Cr (FY 2023) | 20.0% | Ahmedabad, Gujarat, India | |||
| Esbee Power Solutions Private Limited | ₹85.51 Cr (FY 2025) | -31.0% | Pune, Maharashtra, India | |||
| Timarpur-Okhla Waste Management Company Limited | ₹85.05 Cr (FY 2025) | 24.0% | Uttar Pradesh, India | |||
| Zemira Renewable Energy Limited | ₹85.04 Cr (FY 2025) | 3.0% | Delhi, India | |||
| Ratedi Wind Power Private Limited | ₹84.85 Cr (FY 2025) | -16.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Fortune Five Hydel Projects Private Limited, buy the company report.
Auditor
Fortune Five Hydel Projects Private Limited is audited by Praveen K Jallan & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Praveen K Jallan & Co. | FY 2023 | 018382S |
Shareholding
The shareholding of Fortune Five Hydel Projects 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 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Fortune Five Hydel Projects Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Nov 2014 | 10530743 | Idbi Trusteeship Services Limited | ₹485.88 Cr | Open | |
| 25 Jun 2021 | 100456871 | Idbi Trusteeship Services Limited | ₹500 Cr | Satisfied | |
| 26 Jun 2020 | 100356171 | Others | ₹275 Cr | Satisfied | |
| 22 Jul 2019 | 100277009 | Others | ₹275 Cr | Satisfied | |
| 04 Sep 2015 | 10600384 | Il&Fs Financial Services Limited | ₹100 Cr | Satisfied |
To see the full charge records of Fortune Five Hydel Projects Private Limited, buy the company report.
Total charge records: 7 View all charges
Deals & funding
Fortune Five Hydel Projects Private Limited has 7 deals on record (3 secondary share transfers, 2 acquisitions, 1 funding round), with disclosed funding of ₹47 Cr; the latest was in September 2014.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2014 | Rights issue | ₹56.48 Cr | Investors: Greenko Wind Projects Private Limited |
| Dec 2013 | Acquisition | ₹139.03 Cr | Buyer: Greenko Wind Projects Private Limited |
| Jan 2012 | Secondary share transfer | Undisclosed | Buyer: Greenko Wind Projects Private Limited Seller: Greenko Energies Private Limited |
| Nov 2011 | Funding round | ₹47 Cr | Investors: Greenko Wind Projects Private Limited , Greenko Energies Private Limited |
| Mar 2011 | Secondary share transfer | Undisclosed | Buyer: Greenko Wind Projects Private Limited Seller: an individual |
To see the full deal history of Fortune Five Hydel Projects Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Fortune Five Hydel Projects Private Limited has 19 court cases on record: 11 filed by Fortune Five Hydel Projects, 8 filed against it. 8 cases are pending and 11 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 14 | 5 | 6 |
| District courts | 4 | 2 | 1 |
| Supreme Court | 1 | 1 | 1 |
Cases on record (5 of 19)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, KARNATAKA | Writ petition | Filed by the company against Karnataka Power Transmission Corporation Limited (State Load Dispatch Centre) and 2 others | Pending |
| Supreme Court | Court case (1010-Company Law, Mrtp, Trai, Sebi, Idrai & Rbi : Matters pertaining to TRAI / SEBI / IDRAI and RBI including Appeals U/S 18 of TRAI Act, Indian Electricity Act, 1910 and 2003, Electricity Supply Act, 1948 and Electricity Reforms Commission Act, 1998) | Filed against the company by Bangalore Electricity Supply Company Ltd. Through Its Managing Director KR Circle, Bangalre ,Bangalore , Karnataka and 4 others | Pending |
| High Court | Writ petition | Filed by the company against Power Company of Karnataka Limited and 2 others | Disposed |
| High Court of Karnataka | Writ petition | Filed against the company by Vyshali Energy Private Limited | Disposed |
| High Court of Karnataka | Writ petition | Filed by the company against Gulbarga Electricity Supply Company Limited and 2 others | Disposed |
To see the full case history of Fortune Five Hydel Projects 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
Fortune Five Hydel Projects Private Limited has 6 MSME Form 1 returns on record between 2019 and 2022, listing 9 overdue payments to 5 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 5)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Exor India Private Limited | |||
| Aic Technik Private Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| Hamidsons |
To see the full MSME payment records of Fortune Five Hydel Projects Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Fortune Five Hydel Projects has 4 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Mangalore Energies Private Limited | U40102KA2010PTC052663 | |
| Matrix Power (Wind) Private Limited | U40108TG2007PTC056057 | |
| Greenko Rg1 Services Private Limited | U40200TG2023PTC170217 | |
| Technology House (India) Private Limited | U40300DL2001PTC110254 |
To see the full group structure of Fortune Five Hydel Projects Private Limited, buy the company report.
Employees & EPFO
Fortune Five Hydel Projects Private Limited has a workforce of 66 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Fortune Five Hydel Projects has 2 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 Five Hydel Projects Private Limited, buy the company report.
Recent activity
Fortune Five Hydel Projects Private Limited has 14 board changes on record since 2011: 3 appointments and 11 cessations. The latest: Jampana Venkata Satyadurgaprasada Raju ceased to be Additional Director on 25 Sep 2023.
21 earlier events are in the company report.
Frequently asked questions
Fortune Five Hydel Projects is an active private limited company based in Bangalore, Karnataka, India. The company works in wind energy solutions, within the environment industry. It was incorporated on 27 June 2005 (21+ years old) and is registered under CIN U40101KA2005PTC036626.
Fortune Five Hydel Projects has 3 current directors:
- Prathipati Ananda Srinivasa Rao - Director
- Jampana Venkata Satyadurgaprasada Raju - Director
- Bava Mohammed Farookh - Director
The latest financial statements of Fortune Five Hydel Projects on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
No. Fortune Five Hydel Projects has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Fortune Five Hydel Projects is U40101KA2005PTC036626. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fortune Five Hydel Projects has 19 court cases on record: 11 filed by the company and 8 filed against it. 8 are pending. Most are in the high courts.
Fortune Five Hydel Projects was incorporated on 27 June 2005, making it 21+ years old. It is registered with the Registrar of Companies, Bangalore.
Fortune Five Hydel Projects has 7 deals on record (3 secondary share transfers, 2 acquisitions, 1 funding round), with disclosed funding of ₹47 Cr; the latest was in September 2014.
The peers of Fortune Five Hydel Projects by revenue are Renew Solar Energy (Jharkhand Five) Private Limited, Universal Biomass Energy Private Limited, Greenesol Power Systems Private Limited, Juniper Green Sigma Private Limited, Renew Wind Energy (Jath) Limited and 5 more, all in the same principal business activity (electric power generation, transmission and distribution).
Jampana Venkata Satyadurgaprasada Raju ceased to be Additional Director on 25 Sep 2023. Jampana Venkata Satyadurgaprasada Raju was appointed as Director on 31 Mar 2023. Dandamudi Nagendra ceased to be Additional Director on 27 Sep 2018. Fortune Five Hydel Projects has 14 board changes on record in total.
Fortune Five Hydel Projects has 6 MSME Form 1 returns on record between 2019 and 2022, listing 9 overdue payments to 5 micro and small suppliers. The latest return was filed on 06 Nov 2023.
Fortune Five Hydel Projects can be reached through the website fortunefiveprojects.com. Its registered office is in Bangalore, Karnataka, India.