About Fortune Payment Solutions India Private Limited
Data last updated:
Fortune Payment Solutions India Private Limited was a private limited company based in Bangalore, Karnataka, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the digital payment solutions segment of the financial services sector. It was incorporated on 10 June 2011.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2011PTC059098. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5.12 Lakh. It was led by directors including Manjunath Sreenivasa Murthy and Shashidhar Puttashamaiah.
Its last annual general meeting (AGM) was held on 30 September 2015, and its latest financial statements are for the year ended 31 March 2015. The registered office was at #298 Lakshmi Kutteera 16th Cross Sadashivanagar, Bangalore, Karnataka, India – 560080.
As per the financials filed for FY 2015, the company reported a revenue of ₹3.03 Lakh. For the same year it recorded EBITDA of -₹1.68 Cr.
The company was associated with 1 brand: FortunePay. Court records list 1 case involving the company, including 1 filed by the company. The company has 5 deals on record (2 funding rounds, 2 secondary share transfers, 1 convertible or debt financing), with disclosed funding of ₹4.92 Cr; the latest was in April 2015.
The last known website on record is fortunepay.in.
Company details
Contact details
Fortune Payment Solutions India Private Limited's registered office is in Bangalore, Karnataka.
- Registered Address#298 Lakshmi Kutteera 16th Cross Sadashivanagar, Bangalore, Karnataka, India – 560080
- IndustryFinancial Services, Digital Payment Solutions
- 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 Payment Solutions India operates one associated brand: FortunePay. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Electronic payments are processed for businesses and acquiring banks. | fortunepay.in |
Business activity
The main business activity of Fortune Payment Solutions India is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Fortune Payment Solutions India Private Limited, buy the company report.
Financials of Fortune Payment Solutions India Private Limited
FY 2015 filings availableFortune Payment Solutions India Private Limited reported revenue of ₹3.03 Lakh for FY 2015.
Financial Statement Summary
| Metrics | FY 2014-15 |
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| EBITDA | -₹1.68 Cr |
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Financial Ratios
| Metrics | FY 2014-15 |
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To see the full financial statements and ratios of Fortune Payment Solutions India Private Limited, buy the company report.
Board of directors of Fortune Payment Solutions India Private Limited
Fortune Payment Solutions India has 4 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manjunath Sreenivasa Murthy Also directs: Transglobal Power Limited | Director | 14 Dec 2011 | 14 Years 10 Months | As last reported |
| Byas Unnikrishnan Nambisan | Additional Director | 15 Mar 2016 | 10 Years 7 Months | As last reported |
| Abhijit Sinha Bose Also directs: Ambytech India Private Limited, Navi Limited | Additional Director | 15 Mar 2016 | 10 Years 7 Months | As last reported |
| Shashidhar Puttashamaiah | Director | 21 Nov 2013 | 12 Years 11 Months | As last reported |
Deals & funding
Fortune Payment Solutions India Private Limited has 5 deals on record (2 funding rounds, 2 secondary share transfers, 1 convertible or debt financing), with disclosed funding of ₹4.92 Cr; the latest was in April 2015.
Deals on record (2 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2015 | Secondary share transfer | Undisclosed | Buyer: Razorpay International Services Pte Limited Seller: Loglabs Ventures Private Limited , 3 individuals |
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
To see the full deal history of Fortune Payment Solutions India Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Fortune Payment Solutions India Private Limited has 1 court case on record: 1 filed by Fortune Payment Solutions India. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Court case (COP) | Filed by the company against an individual | Disposed |
To see the full case history of Fortune Payment Solutions India Private Limited, buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Fortune Payment Solutions India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Fortune Payment Solutions India has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Fortune Payment Solutions India Private Limited, buy the company report.
Recent activity
Fortune Payment Solutions India Private Limited has 10 board changes on record since 2011: 4 appointments and 6 cessations. The latest: Abhijit Sinha Bose was appointed as Additional Director on 15 Mar 2016.
1 earlier event is in the company report.
Frequently asked questions
Fortune Payment Solutions India has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Fortune Payment Solutions India was a private limited company based in Bangalore, Karnataka, India. The company worked in digital payment solutions, within the financial services industry. It was incorporated on 10 June 2011 and is registered under CIN U72200KA2011PTC059098. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Fortune Payment Solutions India was incorporated on 10 June 2011. It is registered with the Registrar of Companies, Bangalore.
Fortune Payment Solutions India had 4 directors:
- Manjunath Sreenivasa Murthy - Director
- Byas Unnikrishnan Nambisan - Additional Director
- Abhijit Sinha Bose - Additional Director
- Shashidhar Puttashamaiah - Director
The CIN (Corporate Identification Number) of Fortune Payment Solutions India is U72200KA2011PTC059098. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Fortune Payment Solutions India is at #298 Lakshmi Kutteera 16th Cross Sadashivanagar, Bangalore, Karnataka, India – 560080.
Fortune Payment Solutions India can be reached through the website fortunepay.in. Its registered office is in Bangalore, Karnataka, India.
The latest financial statements of Fortune Payment Solutions India on record with the MCA are for the year ended 31 March 2015. Its last annual general meeting was held on 30 September 2015. Year-wise statements from 2015 are in the company report.
No. Fortune Payment Solutions India has 1 GST registration on record and it is cancelled or inactive.
Fortune Payment Solutions India operated in the financial services industry, in the digital payment solutions segment.