Fortune Metals Limited Company Logo

Fortune Metals Limited - Company Profile

It is a manufacturing public limited company based in Punjab, Punjab, India, established in 2004.

2004 | Punjab, Punjab, India | Active
Last Updated:

About Fortune Metals Limited

Fortune Metals Limited, a active public limited company, was established on 01 November 2004 in Punjab, Punjab, India. Engaging in pipe & tubes within the manufacturing sector, it holds CIN: U27100PB2004PLC027603. Registered under ROC Roc Chandigarh. it is unlisted. It has an authorized capital of ₹7.70 Cr and a paid-up capital of ₹7.19 Cr.

It upholds a compliant status. Employing 140 professional, Its leadership includes Saurabh Bansal (Director), Satish Kumar Nagpal (Nominee Director), Harpal Singh (Director). Past directors included Amit Goyal, Saurabh Bansal, Nitika Bansal. It holds ₹255.20 Cr open charges and ₹489.88 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Ferozepur Roadopp Circuit House Ludhiana, Punjab, Punjab.

Company Details

  • CIN/LLPIN

    U27100PB2004PLC027603

  • Registration Number

    027603

  • Incorporation Date

    01 November 2004

  • Authorized Capital

    ₹7.70 Cr

  • Paid-Up Capital

    ₹7.19 Cr

  • ROC Code

    Roc Chandigarh

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 7.70 Cr
  • Paid Up Capital ₹ 7.19 Cr
  • Company Age 21 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 255.20 Cr
  • Satisfied Charges ₹ 489.88 Cr
  • Revenue Growth 23.95%
  • Profit Growth 48.49%
  • Ebitda 6.36%
  • Net Worth 8.02%
  • Total Assets -0.09%
Company report

Fortune Metals Limited

Company Report FY 2025-2026

Explore comprehensive insights into Fortune Metals 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 Metals Limited?

Current Directors

NameDesignationAppointment DateStatus
Saurabh BansalDirector02 Feb 2016Current
Satish Kumar NagpalNominee Director17 Sep 2022Current
Harpal SinghDirector17 Sep 2022Current
Bhagwan Dass BansalWhole-Time Director01 Nov 2004Current
Deep BansalManaging Director01 Nov 2004Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector17 Oct 2015Past
Pramod AbcsddAdditional Director25 Sep 2012Past
Pramod AbcsddDirector24 May 2017Past
Pramod AbcsddAdditional Director29 Sep 2023Past
Pramod AbcsddDirector01 Jan 2012Past
Pramod AbcsddDirector01 Sep 2014Past

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Financial Performance of Fortune Metals.

Fortune Metals Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 23.95% increase. The company also saw a substantial improvement in profitability, with a 48.49% increase in profit. The company's net worth moved up by a moderate rise of 8.02%.

Fortune Metals revenue growth over time
Fortune Metals profit and loss trends over time
  • 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
23.95%
Revenue from Operations
24.09%
Total Assets
-0.09%
Profit or Loss
48.49%
Net Worth
8.02%
EBITDA
6.36%

What is the Ownership and Shareholding Structure of Fortune Metals?

In 2023, Fortune Metals had a promoter holding of 98.72% and a public holding of 1.28%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹2,551,952,280.00

Satisfied Charges

₹4,898,764,400.00

Charges Breakdown by Lending Institutions

  • Sbicap Trustee Company Limited : 213.39 Cr
  • Others : 26.77 Cr
  • Tata Capital Financial Services Limited : 7.50 Cr
  • Icici Bank Limited : 4.85 Cr
  • Hdfc Bank Limited : 2.69 Cr

Latest Charge Details

DateLenderAmountStatus
16 Jul 2025Hdfc Bank Limited₹2.69 CrOpen
20 Jan 2025Sbicap Trustee Company Limited₹20.00 CrOpen
05 Mar 2024Others₹6.36 CrOpen
26 Jul 2023Others₹20.00 CrOpen
04 Feb 2022Sbicap Trustee Company Limited₹93.39 CrOpen

Explore comprehensive loan charge details -

How Many Employees Work at Fortune Metals?

Fortune Metals has a workforce of 140 employees as of Nov 15, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Fortune Metals Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Fortune Metals, 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 Metals's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

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.

Latest Updates, News, and FAQs on Fortune Metals

Recent Activity within the Organization

  • Charges

    The activity A charge with Hdfc Bank Limited amounted to Rs. 2.69 Cr with Charge ID 101134355 was registered on 16 Jul 2025. was completed.

  • Charges

    The activity A charge registered on 24 Oct 2013 via Charge ID 10466582 with State Bank Of India was fully satisfied on 29 Mar 2025. was completed.

  • Charges

    A charge registered on 24 Oct 2013 via Charge ID 10466581 with State Bank Of India was fully satisfied on 29 Mar 2025. was recorded as a recent event.

  • Charges

    Progress on A charge registered on 04 Sep 2012 via Charge ID 10384039 with State Bank Of India was fully satisfied on 29 Mar 2025. was documented.

  • Charges

    A charge registered on 08 May 2008 via Charge ID 10109500 with Others was fully satisfied on 29 Mar 2025. was recorded as a recent event.

  • Charges

    Progress on A charge with Sbicap Trustee Company Limited amounted to Rs. 20.00 Cr with Charge ID 101032358 was registered on 20 Jan 2025. was documented.

Frequently Asked Questions

  • What is the CIN of Fortune Metals Limited?

    The CIN of Fortune Metals Limited is U27100PB2004PLC027603.

  • Where is Fortune Metals Limited headquartered?

    Fortune Metals Limited is headquartered at Ferozepur Roadopp Circuit House Ludhiana, Punjab, Punjab.

  • When was Fortune Metals Limited incorporated?

    Fortune Metals Limited was incorporated on 01 November 2004.

  • Who are the current directors of Fortune Metals Limited?

    The current directors of Fortune Metals Limited are

  • What is the primary industry of Fortune Metals Limited?

    The primary industry of Fortune Metals Limited is Manufacturing.

  • Is Fortune Metals Limited a listed company?

    Fortune Metals Limited is unlisted.

  • What is the capital structure of Fortune Metals Limited?

    The authorized capital of Fortune Metals Limited is ₹7.70 Cr, and the paid-up capital is ₹7.19 Cr.

  • What is the compliance status of Fortune Metals Limited?

    The compliance status of Fortune Metals Limited is Compliant.

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