About Fortune Housing Developers Private Limited
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Fortune Housing Developers Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 30 May 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72100MH1997PTC108424.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹62.85 Lakh. It was formerly known as Fortune Housing Developers Limited. It is led by directors including Nisar Abdul Kazi and Praveen Nair.
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 Office No. – 701 7th Floor Fortune Classic 15th Road Khar (West), Mumbai, Maharashtra, India – 400052.
As per the financials filed for FY 2024, the company reported a revenue of ₹4 Lakh, a decline of 27% compared to the previous year. For the same year it recorded a net loss of ₹5,024 (net margin -1.3%) and EBITDA of ₹9,916 (EBITDA margin 2.5%). Revenue has declined at a compounded annual rate (CAGR) of 739% over three years and 4% over five years.
As per MCA filings, the company has open charges of ₹5 Cr and satisfied charges of ₹4.81 Cr on record. Court records list 2 cases involving the company; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website fortunebuilders.in.
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- Website
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- Registered AddressOffice No. – 701 7th Floor Fortune Classic 15th Road Khar (West), Mumbai, Maharashtra, India – 400052
- IndustryReal Estate and Construction, Real Estate Builders & Developers
- 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
Financials of Fortune Housing Developers Private Limited FY 2025 filings available
Fortune Housing Developers Private Limited reported revenue of ₹4 Lakh (down 27% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Fortune Housing Developers Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 4% over five years, including a 27% fall in the latest year. EBITDA rose 198% 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 Housing Developers 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 | ₹9,916 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹5,024 | •••• | •••• | •••• | •••• |
| 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 Housing Developers Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -1.3% | •••• | •••• | •••• | •••• |
| 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 Housing Developers 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.
Auditor Details of Fortune Housing Developers Private Limited
Fortune Housing Developers Private Limited is audited by V C GANGWANI & CO for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| V C GANGWANI & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Fortune Housing Developers Private Limited
Fortune Housing Developers 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 |
|---|---|---|---|---|
| Nisar Abdul Kazi Also directs: Fortune Realty Projects Private Limited, Classic Shelcon Private Limited, Fortune Shelcon Private Limited and 5 more | Director | 05 Apr 2009 | 17 Years 6 Months | Current |
| Praveen Nair Also directs: Classic Shelcon Private Limited, Four Circle Investments Private Limited, Roswalt Infra & Construction LLP and 3 more | Director | 07 Mar 2023 | 3 Years 7 Months | Current |
| Mitesh Patel Also directs: Fortune Realty Projects Private Limited, Classic Shelcon Private Limited, Fortune Shelcon Private Limited and 5 more | Director | 03 Aug 2021 | 5 Years 2 Months | Current |
Ownership and Shareholding of Fortune Housing Developers 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 Housing Developers Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Mar 2012 | Central Bank of India | ₹5 Cr | Open |
| 25 Nov 2011 | Dhanlaxmi Bank Limited | ₹4.81 Cr | Satisfied |
Total charge records: 2 View all charges
Legal Cases of Fortune Housing Developers Private Limited
Fortune Housing Developers Private Limited has 2 court cases on record: 2 where it is another party. 1 case is pending and 1 is disposed. Status as checked between 02 Oct 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (PIL) | Company is another party | Pending |
| Bombay High Court | Writ petition | Company is another party | Disposed |
Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Fortune Housing Developers Private Limited
Employment history and EPFO contributions of people linked to Fortune Housing Developers.
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.
CIN History of Fortune Housing Developers Private Limited
Fortune Housing Developers has one previous CIN (Corporate Identification Number): U72100MH1997PLC108424. The current CIN is U72100MH1997PTC108424, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72100MH1997PTC108424 | Current |
| U72100MH1997PLC108424 | Previous |
Recent Activity on Fortune Housing Developers Private Limited
Fortune Housing Developers Private Limited has 14 board changes on record since 2007: 3 appointments and 11 cessations. The latest: Praveen Nair ceased to be Additional Director on 29 Sep 2023.
8 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Fortune Housing Developers 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 Housing Developers 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 Housing Developers 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 Housing Developers Private Limited
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 Housing Developers 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 Housing Developers Private Limited
Fortune Housing Developers is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 30 May 1997 (29+ years old) and is registered under CIN U72100MH1997PTC108424.
Fortune Housing Developers reported revenue of ₹4 Lakh for FY 2024 (down 27% YoY).
Fortune Housing Developers has 3 current directors:
- Nisar Abdul Kazi - Director
- Praveen Nair - Director
- Mitesh Patel - Director
Fortune Housing Developers reported a net loss of ₹5,024 (net margin -1.3%) and EBITDA of ₹9,916 (EBITDA margin 2.5%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Fortune Housing Developers is 739% over three years and -4% over five years. In the latest year (FY 2024) revenue fell 27%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Fortune Housing Developers is U72100MH1997PTC108424. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fortune Housing Developers has 2 court cases on record. 1 is pending.
Fortune Housing Developers was incorporated on 30 May 1997, making it 29+ years old. It is registered with the Registrar of Companies, Mumbai.
Praveen Nair ceased to be Additional Director on 29 Sep 2023. Praveen Nair was appointed as Director on 07 Mar 2023. Mitesh Patel ceased to be Additional Director on 30 Nov 2021. Fortune Housing Developers has 14 board changes on record in total.
Fortune Housing Developers can be reached through the website fortunebuilders.in. Its registered office is in Mumbai, Maharashtra, India.