- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-32-0001921

Fortune Paper Mills LLP
About Fortune Paper Mills LLP
Data last updated:
Fortune Paper Mills LLP is a limited liability partnership (LLP) based in Morbi, Gujarat, India. It operates in the paper, laminated and corrugated packaging segment of the packaging sector. It was incorporated on 25 July 2019 and has been in existence for over 7 years.
The LLP is registered with the Registrar of Companies (ROC), Ahmedabad, under LLPIN AAQ-0677. Its GSTIN is 24AAGFF6493G1ZA (Gujarat).
The LLP has a total obligation of contribution of ₹6.5 Cr. It is led by designated partners Kuldeep Dhirajlal Ubhadia and Bhavik Dhirajlal Ubhadia.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at Jambudiya, Morbi, Gujarat, India – 363642.
As per the financials filed for FY 2023, the LLP reported a revenue of ₹53.18 Cr, a decline of 25% compared to the previous year. For the same year it recorded a net profit of ₹18.55 Lakh (net margin 0.3%) and EBITDA of ₹2.76 Cr (EBITDA margin 5.2%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years.
The LLP has about 14 employees on its provident fund (EPFO) records.
As per MCA filings, the LLP has open charges of ₹13.91 Cr and satisfied charges of ₹8.15 Cr on record.
Fortune Paper Mills LLP is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-32-0001921).
Company details
Recognitions & Rankings of Fortune Paper Mills
Contact details
Fortune Paper Mills LLP's registered office is in Morbi, Gujarat. Its e-mail address is in the company report.
- Email
- Registered AddressJambudiya, Morbi, Gujarat, India – 363642
- IndustryPackaging, Paper, Laminated & Corrugated Packaging
To see the full contact details of Fortune Paper Mills LLP, 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
Financials of Fortune Paper Mills LLP
FY 2025 filings availableFortune Paper Mills LLP reported revenue of ₹53.18 Cr (down 25% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 25% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 14%. EBITDA rose 63% 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
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profit After Tax | ₹18.55 Lakh | |||
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Financial Ratios
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Net Profit Margin | 0.3% | |||
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To see the full financial statements and ratios of Fortune Paper Mills LLP, buy the company report.
Designated partners of Fortune Paper Mills LLP
Fortune Paper Mills has 2 current designated partners and 2 former designated partners. Current designated partners are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kuldeep Dhirajlal Ubhadia Also directs: Nessa Vitrified LLP, Keo Global Industries LLP | Designated Partner | 25 Jul 2019 | 7 Years 2 Months | Current |
| Bhavik Dhirajlal Ubhadia Also directs: Nessa Vitrified LLP, Keo Global Industries LLP | Designated Partner | 25 Jul 2019 | 7 Years 2 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Sep 2020 | 100381202 | Hdfc Bank Limited | ₹13.91 Cr | Open | |
| 25 Jul 2019 | 100282503 | Kotak Mahindra Bank Limited | ₹8.15 Cr | Satisfied |
To see the full charge records of Fortune Paper Mills LLP, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Fortune Paper Mills LLP are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
Credit ratings & regulatory alerts
Fortune Paper Mills LLP was last rated by Crisil on 03 Dec 2019.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 03 Dec 2019 |
To see the full credit ratings and regulatory alerts of Fortune Paper Mills LLP, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Fortune Paper Mills LLP; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Fortune Paper Mills LLP has a workforce of 14 employees on its EPFO records as of Mar 21, 2024, across 1 active EPFO establishment.
GST
Fortune Paper Mills has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAGFF6493G1ZA | Gujarat | Active | 25 Jul 2019 |
To see the full GST registrations and return filing status of Fortune Paper Mills LLP, buy the company report.
Recent activity
Fortune Paper Mills LLP has 4 designated partner changes on record since 2019: 4 appointments. The latest: Bhagwandas Sevakram Tulsiyani was appointed as Partner on 25 Jul 2019.
Frequently asked questions
Fortune Paper Mills is an active limited liability partnership based in Morbi, Gujarat, India. The LLP works in paper, laminated and corrugated packaging, within the packaging industry. It was incorporated on 25 July 2019 (7+ years old) and is registered under LLPIN AAQ-0677.
Fortune Paper Mills has 2 current designated partners:
- Kuldeep Dhirajlal Ubhadia - Designated Partner
- Bhavik Dhirajlal Ubhadia - Designated Partner
The latest financial statements of Fortune Paper Mills on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 31 March 2025. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Fortune Paper Mills is 24AAGFF6493G1ZA, registered in Gujarat.
The LLPIN (Limited Liability Partnership Identification Number) of Fortune Paper Mills is AAQ-0677. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Fortune Paper Mills was incorporated on 25 July 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Bhagwandas Sevakram Tulsiyani was appointed as Partner on 25 Jul 2019. Bhavik Dhirajlal Ubhadia was appointed as Designated Partner on 25 Jul 2019. Kuldeep Dhirajlal Ubhadia was appointed as Designated Partner on 25 Jul 2019. Fortune Paper Mills has 4 designated partner changes on record in total.
Yes, Fortune Paper Mills is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-32-0001921).
The registered office of Fortune Paper Mills is at Jambudiya, Morbi, Gujarat, India – 363642.
Fortune Paper Mills operates in the packaging industry, in the paper, laminated and corrugated packaging segment.