Fortune Gilts Private Limited
About Fortune Gilts Private Limited
Data last updated:
Fortune Gilts Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 12 March 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U67120GJ2003PTC042121. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹15.93 Lakh. It is led by directors Ajay Surendrabhai Patel and Amit Rajnikant Shah.
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 Ahmedabad, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹75.02 Cr, a growth of 24% compared to the previous year. For the same year it recorded a net profit of ₹65.1 Lakh (net margin 0.9%) and EBITDA of ₹5.96 Cr (EBITDA margin 7.9%). Revenue has declined at a compounded annual rate (CAGR) of 33% over three years and 38% over five years.
Court records list 14 cases involving the company, including 7 filed by the company and 7 filed against it; 3 cases are pending. The company has 1 deal on record (1 secondary share transfer); the latest was in February 2020. Its 5 peer companies in the BFSI industry (Broking Services), with the same principal business activity (financial advisory, brokerage and consultancy services) are compared by revenue, 3 larger and 2 smaller; the largest is Narnolia Securities Limited with revenue of ₹76.14 Cr.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Fortune Gilts Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address5 Jagnirman Society, B/H Navrang High School, Ahmedabad, Gujarat, India – 380013
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of Fortune Gilts 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 Gilts is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services |
To see the full business activity and turnover split of Fortune Gilts Private Limited, buy the company report.
Financials of Fortune Gilts Private Limited
FY 2025 filings availableFortune Gilts Private Limited reported revenue of ₹75.02 Cr (up 24% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 24% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 38%. EBITDA rose 9% 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 | ₹5.96 Cr | ||||
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| Net Profit (PAT) | ₹65.1 Lakh | ||||
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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 | 7.9% | ||||
| Net Profit Margin | 0.9% | ||||
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To see the full financial statements and ratios of Fortune Gilts Private Limited, buy the company report.
Board of directors of Fortune Gilts Private Limited
Fortune Gilts 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 |
|---|---|---|---|---|
| Ajay Surendrabhai Patel | Director | 12 Mar 2003 | 23 Years 7 Months | Current |
| Amit Rajnikant Shah Also directs: Powertel Impex LLP, Unihub India Infotech Private Limited, Fortune Broking Intermediary Private Limited and 5 more | Director | 26 Nov 2025 | 0 Years 10 Months | Current |
Peer comparison
Fortune Gilts Private Limited is compared with the 5 companies closest to it by revenue in the BFSI industry (Broking Services), with the same principal business activity (financial advisory, brokerage and consultancy services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Narnolia Securities Limited | ₹76.14 Cr (FY 2025) | 68.0% | Kolkata, West Bengal, India | |||
| Astitva Capital Market Private Limited | ₹75.51 Cr (FY 2019) | -35.0% | New Delhi, Delhi, India | |||
| East India Commodities Private Limited | ₹75.14 Cr (FY 2025) | -5.0% | Kolkata, West Bengal, India | |||
| Fortune Gilts Private Limitedthis company | ₹75.02 Cr (FY 2025) | ₹65.1 Lakh | 0.9% | 24.0% | Ahmedabad, Gujarat, India | |
| Emerging India Investment Advisors Private Limited | ₹75.01 Cr (FY 2021) | 65.0% | Mumbai, Maharashtra, India | |||
| Salai Derivatives Private Limited | ₹74.6 Cr (FY 2025) | 166.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Fortune Gilts Private Limited, buy the company report.
Auditor
Fortune Gilts Private Limited is audited by RSVA & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RSVA & CO | FY 2023 | 110504W |
Shareholding
The shareholding of Fortune Gilts 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 Gilts Private Limited, buy the company report.
Deals & funding
Fortune Gilts Private Limited has 1 deal on record (1 secondary share transfer); the latest was in February 2020.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2020 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Fortune Gilts Private Limited has 14 court cases on record: 7 filed by Fortune Gilts, 7 filed against it. 3 cases are pending and 11 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLAT | 6 | 1 | 2 |
| District courts | 3 | 3 | 0 |
| Supreme Court | 2 | 2 | 1 |
| NCLT | 2 | 1 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (1006-Company Law, Mrtp, Trai, Sebi, Idrai & Rbi : Others) | Filed against the company by Shrem Investments Pvt. Ltd. 1101 Viraj Tower Junction of Andheri Kurla Road Western Express Highway Andheri East, Mumbai 400069 , , Other and 1 other | Pending |
| NCLAT, Interlocutory Application | Interim or miscellaneous application | Filed by the company against Piramal Capital & Housing Finance Limited | Disposed |
| NCLAT, Company Appeal(AT)(Ins) | Insolvency matter | Filed by the company against Piramal Capital & Housing Finance Limited | Disposed |
| NCLT, Ahmedabad | Insolvency matter | Filed against the company by Piramal Capital & Housing Financelimited | Disposed |
| NCLT, Mumbai | Insolvency matter | Filed by the company against Piramal Capital &Housing Finance Limited( Formerly Known As Deewan Housing Finance Corporation Limited) | Disposed |
To see the full case history of Fortune Gilts 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 Gilts Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Fortune Gilts has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Fortune Gilts Private Limited, buy the company report.
Recent activity
Fortune Gilts Private Limited has 4 board changes on record since 2003: 3 appointments and 1 cessation. The latest: Amit Rajnikant Shah was appointed as Director on 26 Nov 2025.
Frequently asked questions
Fortune Gilts is an active private limited company based in Ahmedabad, Gujarat, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 12 March 2003 (23+ years old) and is registered under CIN U67120GJ2003PTC042121.
Fortune Gilts has 2 current directors:
- Ajay Surendrabhai Patel - Director
- Amit Rajnikant Shah - Director
The latest financial statements of Fortune Gilts 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.
No. Fortune Gilts has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Fortune Gilts is U67120GJ2003PTC042121. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fortune Gilts has 14 court cases on record: 7 filed by the company and 7 filed against it. 3 are pending. Most are in the nclat.
Fortune Gilts was incorporated on 12 March 2003, making it 23+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Fortune Gilts has 1 deal on record (1 secondary share transfer); the latest was in February 2020.
The peers of Fortune Gilts by revenue are Narnolia Securities Limited, Astitva Capital Market Private Limited, East India Commodities Private Limited, Emerging India Investment Advisors Private Limited, Salai Derivatives Private Limited, all in the BFSI industry (Broking Services), with the same principal business activity (financial advisory, brokerage and consultancy services).
Amit Rajnikant Shah was appointed as Director on 26 Nov 2025. Vaishali Ajay Patel ceased to be Director on 01 Oct 2010. Sandeep Ramavtarsingh Thakur was appointed as Director on 01 Jun 2005. Fortune Gilts has 4 board changes on record in total.
The registered office of Fortune Gilts is at 5 Jagnirman Society, BH Navrang High School, Ahmedabad, Gujarat, India – 380013.