MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-15-0003210
Fortune Procurators India Private Limited - machinery and equipment in Kolhapur, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹78.61 Cr
▼ 4% YoY
Net profit · FY 2024
₹1.24 Cr
Net margin 1.6%
EBITDA · FY 2024
₹2.9 Cr
EBITDA margin 3.7%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹1 Cr
Issued & subscribed
Open charges
₹11.88 Cr
Satisfied ₹14.11 Cr
Company age
14 yrs
Est. 2012
Employees · EPFO
46
Provident fund records
About Fortune Procurators India Private Limited
Data last updated:
Fortune Procurators India Private Limited is a private limited company based in Kolhapur, Maharashtra, India, a subsidiary of Fortunecoat Industries Private Limited. It operates in the industrial products retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 20 January 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U24297PN2012PTC142011. Its GSTIN is 27AABCF8820H1ZM (Maharashtra). The company holds 4 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It was formerly known as Fortune Eisens Private Limited. It is led by directors Smita Sandesh Kanekar and Sandesh Shankar Kanekar.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Ganga Bhagyodaya '6' 949/A – 3 Plot No – 1 'E' Ward Kasaba Bavada, Kolhapur, Maharashtra, India – 416006.
As per the financials filed for FY 2024, the company reported a revenue of ₹78.61 Cr, a decline of 4% compared to the previous year. For the same year it recorded a net profit of ₹1.24 Cr (net margin 1.6%) and EBITDA of ₹2.9 Cr (EBITDA margin 3.7%). Revenue has grown at a compounded annual rate (CAGR) of 36% over three years and 16% over five years.
The company has about 46 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Fortune Procurators. As per MCA filings, the company has open charges of ₹11.88 Cr and satisfied charges of ₹14.11 Cr on record. Court records list 7 cases involving the company, including 7 filed by the company; 4 cases are pending.
Fortune Procurators India Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-15-0003210). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website fortuneprocurators.com.
Company details
CIN U24297PN2012PTC142011
Registration Number 142011
Incorporation Date 20 January 2012
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Fortunecoat Industries Private Limited
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-15-0003210
Recognitions & Rankings of Fortune Procurators India
Contact details
Fortune Procurators India Private Limited's registered office is in Kolhapur, Maharashtra. Its website is fortuneprocurators.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressGanga Bhagyodaya '6' 949/A – 3 Plot No – 1 'E' Ward Kasaba Bavada, Kolhapur, Maharashtra, India – 416006
- IndustryMachinery and Equipment, Industrial Products Retail & Distribution
To see the full contact details of Fortune Procurators India Private Limited, buy the company report.
Comprehensive company report
Fortune Procurators India Private Limited - one report that includes everything
- 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
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Secure checkout · GST invoice included
Brands
Fortune Procurators India operates one associated brand: Fortune Procurators. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Procurement and supply of paints, coatings, abrasives, and lubricants for foundry, engineering, and construction industries. | fortuneprocurators.com |
Business activity
The main business activity of Fortune Procurators India is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Fortune Procurators India Private Limited, buy the company report.
Financials of Fortune Procurators India Private Limited
FY 2024 filings availableFortune Procurators India Private Limited reported revenue of ₹78.61 Cr (down 4% YoY) for FY 2024.
Revenue · FY 2024
₹78.61 Cr ▼ 4%
Net profit · FY 2024
₹1.24 Cr margin 1.6%
EBITDA · FY 2024
₹2.9 Cr margin 3.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 4%
3 years · compounded
▲ 36%
5 years · compounded
▲ 16%
EBITDA CAGR growth
1 year
▼ 1%
3 years · compounded
▲ 51%
5 years · compounded
▲ 11%
Revenue fell 4% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 16%. EBITDA fell 1% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹2.9 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.24 Cr | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.7% | ||||
| Net Profit Margin | 1.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Payable Days | |||||
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To see the full financial statements and ratios of Fortune Procurators India Private Limited, buy the company report.
Board of directors of Fortune Procurators India Private Limited
Fortune Procurators India has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Smita Sandesh Kanekar | Director | 15 Mar 2014 | 12 Years 7 Months | Current |
| Sandesh Shankar Kanekar | Director | 15 Mar 2014 | 12 Years 7 Months | Current |
Peer comparison
Fortune Procurators India Private Limited is compared with the 5 companies closest to it by revenue in the Machinery and Equipment industry (Industrial Products Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sumitron Exports Private Limited | ₹79.57 Cr (FY 2025) | 12.0% | Delhi, India | |||
| Pashupati Bearings Private Limited | ₹78.95 Cr (FY 2025) | 18.0% | Delhi, India | |||
| Fortune Procurators India Private Limitedthis company | ₹78.61 Cr (FY 2024) | ₹1.24 Cr | 1.6% | -4.0% | 46 | Kolhapur, Maharashtra, India |
| Linc Digital Systems Private Limited | ₹78.57 Cr (FY 2025) | 26.0% | Ahmedabad, Gujarat, India | |||
| Tma International Private Limited | ₹75.79 Cr (FY 2025) | -48.0% | New Delhi, Delhi, India | |||
| Classic Engineering Motions Private Limited | ₹75.54 Cr (FY 2025) | -2.0% | Delhi, India |
To see the full peer comparison of Fortune Procurators India Private Limited, buy the company report.
Auditor
Fortune Procurators India Private Limited is audited by S. S. KULKARNI for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S. S. KULKARNI | FY 2023 | 32408 |
Shareholding
The shareholding of Fortune Procurators India Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Fortune Procurators India Private Limited, buy the company report.
Charges & borrowings
Open charges
₹11.88 Cr
Satisfied charges
₹14.11 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Aug 2024 | 100982022 | Bank of India | ₹4 Cr | Open | |
| 28 Aug 2024 | 100982021 | Bank of India | ₹15.75 Lakh | Open | |
| 28 Aug 2024 | 100982020 | Bank of India | ₹7.5 Cr | Open | |
| 10 Jun 2024 | 100942732 | Others | ₹7 Lakh | Open | |
| 18 Nov 2023 | 100821706 | Others | ₹15.5 Lakh | Open |
To see the full charge records of Fortune Procurators India Private Limited, buy the company report.
Total charge records: 20 View all charges
Legal cases
Fortune Procurators India Private Limited has 7 court cases on record: 7 filed by Fortune Procurators India. 4 cases are pending and 3 are disposed.
Total cases
7
Filed by the company
7
Pending
4
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 0 | 4 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Kolhapur, Maharashtra | Civil suit | Filed by the company against Techno Cast Metals India Pvt Ltd | Disposed |
| District court, Kolhapur, Maharashtra | Civil suit | Filed by the company against Pragati Founders Pvt. Ltd., Etc 7 | Disposed |
| District court, Kolhapur, Maharashtra | Civil suit | Filed by the company against K and K Foundry Pvt. Ltd., Etc 2 and 2 others | Disposed |
| District court, Kolhapur, Maharashtra | Civil suit | Filed by the company against Pooja Nilesh Deshmukh Prop Aarya Traders | Pending |
| District court, Kolhapur, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
To see the full case history of Fortune Procurators 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
Fortune Procurators India Private Limited has 4 MSME Form 1 returns on record between 2019 and 2020, listing 24 overdue payments to 4 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (4 of 4)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Ask Chemicals India Private Limited | |||
| Cougar Paints Pvt Ltd | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Fortune Procurators India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Fortune Procurators India Private Limited has a workforce of 46 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
46
Active EPFO establishments
1
Employee growth
12.2%
GST
Fortune Procurators India has 4 GST registrations: 2 active and 2 cancelled or inactive.
Total GSTINs
4
Active
2
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCF8820H1ZM | Maharashtra | Active | 01 Jul 2017 |
| 27AABCF8820H1DV | Maharashtra | Active | 19 Nov 2024 |
To see the full GST registrations and return filing status of Fortune Procurators India Private Limited, buy the company report.
Recent activity
Fortune Procurators India Private Limited has 4 board changes on record since 2014: 2 appointments and 2 cessations. The latest: Ajit Chandrakant Otavanekar ceased to be Director on 15 Mar 2014.
Charges
A charge registered on 27 Oct 2023 via Charge ID 100805609 with Tata Capital Financial Services Limited was fully satisfied on 27 Mar 2025.
AGM
Fortune Procurators India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge registered on 27 Jun 2023 via Charge ID 100781662 with Others was fully satisfied on 27 Sep 2024.
Charges
A charge registered on 31 Dec 2015 via Charge ID 10621138 with Others was fully satisfied on 27 Sep 2024.
Charges
A charge with Bank Of India amounted to Rs. 4.00 Cr with Charge ID 100982022 was registered on 28 Aug 2024.
Charges
A charge with Bank Of India amounted to Rs. 0.16 Cr with Charge ID 100982021 was registered on 28 Aug 2024.
Charges
A charge with Bank Of India amounted to Rs. 7.50 Cr with Charge ID 100982020 was registered on 28 Aug 2024.
Charges
A charge with Others amounted to Rs. 0.07 Cr with Charge ID 100942732 was registered on 10 Jun 2024.
Filing
Fortune Procurators India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.
Charges
A charge registered on 28 Sep 2023 via Charge ID 100799564 with Others was fully satisfied on 04 Jan 2024.
Charges
A charge with Others amounted to Rs. 0.16 Cr with Charge ID 100821706 was registered on 18 Nov 2023.
Charges
A charge with Tata Capital Financial Services Limited amounted to Rs. 2.50 Cr with Charge ID 100805609 was registered on 27 Oct 2023.
31 earlier events are in the company report.
Frequently asked questions
Fortune Procurators India is an active private limited company based in Kolhapur, Maharashtra, India. The company works in industrial products retail and distribution, within the machinery and equipment industry. It was incorporated on 20 January 2012 (14+ years old) and is registered under CIN U24297PN2012PTC142011.
Fortune Procurators India has 2 current directors:
- Smita Sandesh Kanekar - Director
- Sandesh Shankar Kanekar - Director
The latest financial statements of Fortune Procurators India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Fortune Procurators India is 27AABCF8820H1ZM, registered in Maharashtra. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 27AABCF8820H1DV (Maharashtra).
The CIN (Corporate Identification Number) of Fortune Procurators India is U24297PN2012PTC142011. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fortune Procurators India has 7 court cases on record: 7 filed by the company. 4 are pending.
Fortune Procurators India was incorporated on 20 January 2012, making it 14+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Fortune Procurators India by revenue are Sumitron Exports Private Limited, Pashupati Bearings Private Limited, Linc Digital Systems Private Limited, Tma International Private Limited, Classic Engineering Motions Private Limited, all in the Machinery and Equipment industry (Industrial Products Retail and Distribution), with the same principal business activity (wholesale trading).
Ajit Chandrakant Otavanekar ceased to be Director on 15 Mar 2014. Archana Ajit Otavanekar ceased to be Director on 15 Mar 2014. Sandesh Shankar Kanekar was appointed as Director on 15 Mar 2014. Fortune Procurators India has 4 board changes on record in total.
Yes, Fortune Procurators India is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-15-0003210).
Fortune Procurators India has 4 MSME Form 1 returns on record between 2019 and 2020, listing 24 overdue payments to 4 micro and small suppliers. The latest return was filed on 31 Oct 2020.
Fortune Procurators India can be reached through the website fortuneprocurators.com. Its registered office is in Kolhapur, Maharashtra, India.