Fortune Garments Limited - home & lifestyle in New Delhi, Delhi, India. Directors, charges & compliance details.
CIN U19121DL1997PLC086431 Incorporated 04 April 1997 ROC Delhi HQ New Delhi, Delhi, India
Active Public Limited Company home and lifestyle
Data last updated
Authorised capital
₹6 Cr
Registered with MCA
Paid-up capital
₹26.08 Lakh
Issued & subscribed
Open charges
₹62.43 Cr
Secured borrowings
Company age
29 yrs
Est. 1997
Directors on board
3
As per MCA filings
GST registrations
1
None active
Last financials
Mar 2012
Balance sheet date
Last AGM
29 Sep 2012
Annual general meeting

About Fortune Garments Limited

Data last updated:

Fortune Garments Limited is a public limited company based in New Delhi, Delhi, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 04 April 1997 and has been in existence for over 29 years.

The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U19121DL1997PLC086431. The company has 1 GST registration on record, which is no longer active.

The company has an authorised share capital of ₹6 Cr and a paid-up capital of ₹26.08 Lakh. It is led by directors including Manmohan Singh Gulati and Prithipal Singh Gulati.

Its last annual general meeting (AGM) was held on 29 September 2012, and its latest financial statements are for the year ended 31 March 2012. The registered office is at F – 66 Rajouri Garden, New Delhi, Delhi, India – 110027.

As per MCA filings, the company has open charges of ₹62.43 Cr on record. Court records list 28 cases involving the company, including 4 filed by the company and 24 filed against it.

The current compliance status is marked as active non-compliant by the Registrar of Companies.

Company details

CIN U19121DL1997PLC086431
Registration Number 086431
Incorporation Date 04 April 1997
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2012
Date of Balance Sheet 31 March 2012
Compliance Status Active Non-Compliant

Contact details

Fortune Garments Limited's registered office is in New Delhi, Delhi.

  • Registered Address
    F – 66 Rajouri Garden, New Delhi, Delhi, India – 110027
  • Industry
    Home & Lifestyle, Textile Retail & Distribution
Comprehensive company report
Fortune Garments Limited - one report that includes everything
  • 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
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Financials of Fortune Garments Limited

FY 2012 filings available

Financial Statement Summary

MetricsFY 2011-12
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
Profit Before Tax
Tax Expense
Net Profit (PAT)
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

MetricsFY 2011-12
Profitability
EBITDA Margin
Net Profit Margin
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 Garments Limited, buy the company report.

Board of directors of Fortune Garments Limited

Fortune Garments has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Prithipal Singh GulatiAdditional Director20 Mar 201214 Years 7 MonthsCurrent
Manmohan Singh GulatiDirector01 Apr 200026 Years 7 MonthsCurrent
Rajpreet Kaur GulatiAdditional Director20 Mar 201214 Years 7 MonthsCurrent

Charges & borrowings

Open charges
₹62.43 Cr
Satisfied charges
None
Breakdown by lending institutions
Allahabad Bank₹45.33 Cr
Citibank Na₹8.75 Cr
Citi Bank N a₹7.75 Cr
Punjab National Bank₹0.60 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
29 Dec 201010259670Allahabad Bank₹14.5 CrOpen
21 Aug 200610020326Allahabad Bank₹1.55 CrOpen
21 Aug 200610020794Allahabad Bank₹1.55 CrOpen
21 Aug 200610021094Allahabad Bank₹24.12 CrOpen
15 Jul 200610014405Citibank Na₹8.75 CrOpen

To see the full charge records of Fortune Garments Limited, buy the company report.

Total charge records: 8 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Fortune Garments Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Fortune Garments has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1

To see the full GST registrations and return filing status of Fortune Garments Limited, buy the company report.

Recent activity

Fortune Garments Limited has 8 board changes on record since 2000: 3 appointments and 5 cessations. The latest: Anil Kumar Mediratta ceased to be Director on 21 Mar 2012.

AGM
Fortune Garments Limited last Annual general meeting of members was held on 29 Sep 2012 as per latest MCA records.
Filing
Fortune Garments Limited has filed its annual Financial statements for the year ended 31 Mar 2012 with Roc Delhi Ii.
Ceased
Anil Kumar Mediratta ceased to be Director.
Ceased
Kirti Mediratta ceased to be Director.
Ceased
Sunita Mediratta ceased to be Director.
Appointed
Prithipal Singh Gulati was appointed as Additional Director.
Appointed
Rajpreet Kaur Gulati was appointed as Additional Director.
Ceased
Prithipal Singh Gulati ceased to be Director.
Ceased
Rajpreet Kaur Gulati ceased to be Director.
Charges
A charge with Allahabad Bank amounted to Rs. 14.50 Cr with Charge ID 10259670 was registered on 29 Dec 2010.
Charges
A charge with Allahabad Bank of Rs. 24.12 Cr registered on 21 Aug 2006 with Charge ID 10021094 was modified on 13 Oct 2006.
Charges
A charge with Allahabad Bank of Rs. 3.61 Cr registered on 20 Dec 1999 with Charge ID 90057155 was modified on 22 Aug 2006.

11 earlier events are in the company report.

Frequently asked questions

Fortune Garments is an active public limited company based in New Delhi, Delhi, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 04 April 1997 (29+ years old) and is registered under CIN U19121DL1997PLC086431.

Fortune Garments has 3 current directors:

The latest financial statements of Fortune Garments on record with the MCA are for the year ended 31 March 2012. Its last annual general meeting was held on 29 September 2012. Year-wise statements from 2015 are in the company report.

No. Fortune Garments has 1 GST registration on record and it is cancelled or inactive.

The CIN (Corporate Identification Number) of Fortune Garments is U19121DL1997PLC086431. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Fortune Garments has 28 court cases on record: 4 filed by the company and 24 filed against it.

Fortune Garments was incorporated on 04 April 1997, making it 29+ years old. It is registered with the Registrar of Companies, Delhi.

Anil Kumar Mediratta ceased to be Director on 21 Mar 2012. Kirti Mediratta ceased to be Director on 21 Mar 2012. Sunita Mediratta ceased to be Director on 21 Mar 2012. Fortune Garments has 8 board changes on record in total.

The registered office of Fortune Garments is at F – 66 Rajouri Garden, New Delhi, Delhi, India – 110027.

Fortune Garments operates in the home and lifestyle industry, in the textile retail and distribution segment.