Fortune Management Advisors Limited - Company Profile

It is a financial services public limited company based in Mumbai, Maharashtra, India, established in 2012.

2012 Mumbai, Maharashtra, India Active

Last Updated: December 15, 2025

About Fortune Management Advisors Limited

Fortune Management Advisors Limited, a active public limited company, was established on 27 August 2012 in Mumbai, Maharashtra, India. Engaging in diversified financial services within the financial and insurance service sector, it holds CIN: U74110MH2012PLC234979. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹2.00 Cr and a paid-up capital of ₹2.00 Cr.

Formerly known as Iti Aif Manager Limited, Fortune Integrated Home Finance Limited. It upholds a compliant status. Its leadership includes Surendra Kalyanji Rambhia (Director), Chintan Vijay Valia (Director), Usha Anil Kadam (Director). Past directors included Kalyanasundaram Srinivasan, Harshal Pankaj Bhuta, Prakash Chandra Sahoo. Its latest AGM occurred on 22 August 2025, with the balance sheet filed on 31 March 2025. It is based at Iti House 36 Dr. R. K. Shirodkar Marg Parel, Mumbai, Maharashtra, 400012.

Company Details

CIN/LLPIN
U74110MH2012PLC234979
Registration Number
234979
Incorporation Date
27 August 2012
Authorized Capital
₹2.00 Cr
Paid-Up Capital
₹2.00 Cr
ROC Code
Roc Mumbai
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 2.00 Cr as on 15-12-2025
Paid Up Capital ₹ 2.00 Cr as on 15-12-2025
Company Age 13 Year, 6 Months
Last Filing with ROC 31 Mar 2025
Revenue Growth **** -98.43% (FY 2023)
Profit Growth **** -99.40% (FY 2023)
Ebitda **** -114.61% (FY 2023)
Net Worth 0.16% (FY 2023)
Total Assets **** 0.22% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Fortune Management Advisors Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Fortune Management Advisors Limited?

Current Directors

Name	Designation	Appointment Date	Status
Surendra Kalyanji Rambhia	Director	21 Dec 2021	Current
Chintan Vijay Valia	Director	25 Mar 2013	Current
Usha Anil Kadam	Director	12 Aug 2016	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	24 Sep 2012	Past
Pramod Abcsdd	Additional Director	06 Sep 2017	Past
Pramod Abcsdd	Additional Director	02 May 2017	Past
Pramod Abcsdd	Additional Director	22 Sep 2014	Past
Pramod Abcsdd	Additional Director	28 Sep 2022	Past
Pramod Abcsdd	Director	26 Jun 2014	Past

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Financial Performance of Fortune Management Advisors.

Fortune Management Advisors Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 98.43% decrease. The company also saw a substantial fall in profitability, with a 99.4% decrease in profit. The company's net worth moved up by a moderate rise of 0.16%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

-98.43%

*******

Revenue from Operations

*******

-100.00%

*******

Total Assets

*******

0.22%

*******

Profit or Loss

*******

-99.40%

*******

Net Worth

*******

0.16%

*******

EBITDA

*******

-114.61%

*******

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What is the Ownership and Shareholding Structure of Fortune Management Advisors?

In 2022, Fortune Management Advisors had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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How Many Employees Work at Fortune Management Advisors?

Unlock and access historical data on people associated with Fortune Management Advisors, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Fortune Management Advisors, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Fortune Management Advisors's trajectory.

Rating

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Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Fortune Management Advisors

Recent Activity within the Organization

Annual General Meeting

Progress on Fortune Management Advisors Limited last Annual general meeting of members was held on 22 Aug 2025 as per latest MCA records. was documented.
22 Aug 2025
Balance Sheet

Fortune Management Advisors Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai. was recorded as a recent event.
31 Mar 2025
Director Appointment

Surendra Kalyanji Rambhia was appointed as a Director was appointed as a Director on 21 Dec 2021 & has been associated with this company since 4 years 2 months . was recorded as a recent event.
21 Dec 2021
Director Appointment

Progress on Usha Anil Kadam was appointed as a Director was appointed as a Director on 12 Aug 2016 & has been associated with this company since 9 years 6 months . was documented.
12 Aug 2016
Director Appointment

Progress on Chintan Vijay Valia was appointed as a Director was appointed as a Director on 25 Mar 2013 & has been associated with this company since 12 years 11 months . was documented.
25 Mar 2013
Company Incorporation

The activity Fortune Management Advisors Limited was registered on 27 Aug 2012 with Roc Mumbai & aged 13 years 6 months as per MCA records. was completed.
27 Aug 2012

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