About Fortune Infoserveindia Private Limited
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Fortune Infoserveindia Private Limited is a private limited company based in Belgaum, Karnataka, India. It operates in the computer programming segment of the technology and IT services sector. It was incorporated on 16 November 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2012PTC066757. Its GSTIN is 29AACCF1189N1Z4 (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.07 Lakh. It is led by directors Keerti Bangodi and Praveen Vasant Bangodi.
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 467 Teggin Galli M. Vadagaon, Belgaum, Karnataka, India – 590005.
As per the financials filed for FY 2025, the company reported a revenue of ₹69.74 Lakh, a decline of 3% compared to the previous year. For the same year it recorded a net loss of ₹9.32 Lakh (net margin -13.4%) and EBITDA of -₹7.5 Lakh (EBITDA margin -10.8%). Revenue has grown at a compounded annual rate (CAGR) of 26% over three years and 6% over five years.
The company has about 13 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Fortune InfoServeIndia.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website fortuneinfoserve.com.
Company details
Contact details
Fortune Infoserveindia Private Limited's registered office is in Belgaum, Karnataka. Its website is fortuneinfoserve.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address467 Teggin Galli M. Vadagaon, Belgaum, Karnataka, India – 590005
- IndustryInformation Technology, Computer Programming, Consultancy
To see the full contact details of Fortune Infoserveindia 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 Infoserveindia operates one associated brand: Fortune InfoServeIndia. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides core banking software solutions for financial institutions. | fortuneinfoserve.com |
Business activity
The main business activity of Fortune Infoserveindia is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Fortune Infoserveindia Private Limited, buy the company report.
Financials of Fortune Infoserveindia Private Limited
FY 2025 filings availableFortune Infoserveindia Private Limited reported revenue of ₹69.74 Lakh (down 3% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 3% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 6%. EBITDA fell 576% 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 | -₹7.5 Lakh | ||||
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| Net Profit (PAT) | -₹9.32 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 | -10.8% | ||||
| Net Profit Margin | -13.4% | ||||
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To see the full financial statements and ratios of Fortune Infoserveindia Private Limited, buy the company report.
Board of directors of Fortune Infoserveindia Private Limited
Fortune Infoserveindia has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Keerti Bangodi Also directs: First Weaning Private Limited | Director | 16 Nov 2012 | 13 Years 11 Months | Current |
| Praveen Vasant Bangodi Also directs: First Weaning Private Limited | Director | 16 Nov 2012 | 13 Years 11 Months | Current |
Peer comparison
Fortune Infoserveindia Private Limited is compared with the 7 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Unnathi IT Services India Private Limited | ₹69.78 Lakh (FY 2024) | 15.0% | Bangalore, Karnataka, India | |||
| Lexiscrypt Business Solutions Private Limited | ₹69.77 Lakh (FY 2025) | 39.0% | Hyderabad, Telangana, India | |||
| Valueappz Solutions Private Limited | ₹69.77 Lakh (FY 2024) | 25.0% | Chandigarh, India | |||
| Visvero Solutions Private Limited | ₹69.76 Lakh (FY 2025) | -15.0% | Delhi, India | |||
| Fortune Infoserveindia Private Limitedthis company | ₹69.74 Lakh (FY 2025) | -₹9.32 Lakh | -13.4% | -3.0% | 13 | Belgaum, Karnataka, India |
| Webenix Technologies Private Limited | ₹69.74 Lakh (FY 2024) | -36.0% | Rajkot, Gujarat, India | |||
| Revokarmahub Software & Services Private Limited | ₹69.73 Lakh (FY 2025) | -9.0% | Vadodara, Gujarat, India | |||
| Nidusoft Solutions Private Limited | ₹69.73 Lakh (FY 2024) | -57.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Fortune Infoserveindia Private Limited, buy the company report.
Auditor
Fortune Infoserveindia Private Limited is audited by Marathe Hargude & Co for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Marathe Hargude & Co | FY 2017 | 002008S |
Shareholding
The shareholding of Fortune Infoserveindia Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
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To see the full shareholding pattern of Fortune Infoserveindia Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Fortune Infoserveindia Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Fortune Infoserveindia Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Fortune Infoserveindia Private Limited has a workforce of 13 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
GST
Fortune Infoserveindia has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCF1189N1Z4 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Fortune Infoserveindia Private Limited, buy the company report.
Recent activity
Fortune Infoserveindia Private Limited has 2 board changes on record since 2012: 2 appointments. The latest: Keerti Bangodi was appointed as Director on 16 Nov 2012.
Frequently asked questions
Fortune Infoserveindia is an active private limited company based in Belgaum, Karnataka, India. The company works in computer programming, within the information technology industry. It was incorporated on 16 November 2012 (14+ years old) and is registered under CIN U72200KA2012PTC066757.
Fortune Infoserveindia has 2 current directors:
- Keerti Bangodi - Director
- Praveen Vasant Bangodi - Director
The latest financial statements of Fortune Infoserveindia 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.
The GSTIN of Fortune Infoserveindia is 29AACCF1189N1Z4, registered in Karnataka.
The CIN (Corporate Identification Number) of Fortune Infoserveindia is U72200KA2012PTC066757. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fortune Infoserveindia was incorporated on 16 November 2012, making it 14+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Fortune Infoserveindia by revenue are Unnathi IT Services India Private Limited, Lexiscrypt Business Solutions Private Limited, Valueappz Solutions Private Limited, Visvero Solutions Private Limited, Webenix Technologies Private Limited and 2 more, all in the same principal business activity (computer programming, consultancy and related activities).
Keerti Bangodi was appointed as Director on 16 Nov 2012. Praveen Vasant Bangodi was appointed as Director on 16 Nov 2012.
Fortune Infoserveindia can be reached through the website fortuneinfoserve.com. Its registered office is in Belgaum, Karnataka, India.
The registered office of Fortune Infoserveindia is at 467 Teggin Galli M. Vadagaon, Belgaum, Karnataka, India – 590005.
Fortune Infoserveindia operates in the information technology industry, in the computer programming segment.