About Fortune Smart Lifestyle Private Limited
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Fortune Smart Lifestyle Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 13 March 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51100MH2002PTC135138. The company has 10 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹205.02 Cr and a paid-up capital of ₹1 Lakh. It was formerly known as Edumerce Global Trading Private Limited and Fic Lifestyle Private Limited. It is led by directors Gyanchand Surajmal Mehta and Manish Gyanchand Mehta.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹23.54 Cr, a decline of 60% compared to the previous year. For the same year it recorded a net profit of ₹8.04 Cr (net margin 34.2%) and EBITDA of ₹23.43 Cr (EBITDA margin 99.5%). Revenue has grown at a compounded annual rate (CAGR) of 791% over three years and 70% over five years.
Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ficlyf.com.
Company details
Name history
Fortune Smart Lifestyle has undergone 9 name changes throughout its history. The current legal name is Fortune Smart Lifestyle Private Limited.
| Company Name | Status |
|---|---|
| Fortune Smart Lifestyle Private Limited | Current |
| Edumerce Global Trading Private Limited | Previous |
| Fic Lifestyle Private Limited | Previous |
| Fortune Insurance Advisors Private Limited | Previous |
| Fortune Lifestyle Private Limited | Previous |
| Free India Marketing Private Limited | Previous |
| Free India Concepts Private Limited | Previous |
| Edumerce Global Lifestyle Private Limited | Previous |
| Jodia Distributors Private Limited | Previous |
| Free India Lifestyle Private Limited | Previous |
CIN history
Fortune Smart Lifestyle has one previous CIN (Corporate Identification Number): U51909MH2002PTC135138. The current CIN is U51100MH2002PTC135138, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51100MH2002PTC135138 | Current |
| U51909MH2002PTC135138 | Previous |
Contact details
Fortune Smart Lifestyle Private Limited's registered office is in Mumbai, Maharashtra. Its website is ficlyf.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressA – 3210 Marathon Futurex Mafatlal Mills Compound, N.M. Joshi Marg Lower Parel, Mumbai, Maharashtra, India – 400013
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Fortune Smart Lifestyle Private Limited, 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 Smart Lifestyle Private Limited
FY 2024 filings availableFortune Smart Lifestyle Private Limited reported revenue of ₹23.54 Cr (down 60% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 60% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 70%. EBITDA fell 59% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹23.43 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹8.04 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 99.5% | ||||
| Net Profit Margin | 34.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Fortune Smart Lifestyle Private Limited, buy the company report.
Board of directors of Fortune Smart Lifestyle Private Limited
Fortune Smart Lifestyle has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gyanchand Surajmal Mehta Also directs: Fortune Green Enterprise LLP, Fortune Bright Trading LLP, Cosmos Prime Projects Limited and 5 more | Director | 04 Dec 2006 | 19 Years 10 Months | Current |
| Manish Gyanchand Mehta Also directs: Fortune Green Enterprise LLP, Rate Alert Data Tech LLP, Fortune Bright Trading LLP and 4 more | Director | 30 Dec 2020 | 5 Years 10 Months | Current |
Peer comparison
Fortune Smart Lifestyle Private Limited is compared with the 3 companies closest to it by revenue in the BFSI industry (Other Financial Services), 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 |
|---|---|---|---|---|---|---|
| Rivergrow Finance Limited | ₹23.6 Cr (FY 2023) | 222.0% | Kolkata, West Bengal, India | |||
| Fortune Smart Lifestyle Private Limitedthis company | ₹23.54 Cr (FY 2025) | ₹8.04 Cr | 34.2% | -60.0% | Mumbai, Maharashtra, India | |
| Tripoli Investment and Trading Company | ₹23.54 Cr (FY 2017) | -49.0% | Delhi, India | |||
| Dhunseri Overseas Private Limited | ₹23.4 Cr (FY 2025) | 27.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Fortune Smart Lifestyle Private Limited, buy the company report.
Auditor
Fortune Smart Lifestyle Private Limited is audited by G.D.Singhvi & Company for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G.D.Singhvi & Company | FY 2023 | 110287W |
Shareholding
The shareholding of Fortune Smart Lifestyle 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 Smart Lifestyle Private Limited, buy the company report.
Legal cases
Fortune Smart Lifestyle Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Comp ULP) | Filed against the company by an individual | Disposed |
To see the full case history of Fortune Smart Lifestyle 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 Smart Lifestyle Private Limited has 6 MSME Form 1 returns on record between 2017 and 2021, listing 27 overdue payments to 22 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 (5 of 22)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| G.D.Singhvi & Co | |||
| an individual supplier | |||
| Applitech Information Systems | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Fortune Smart Lifestyle Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Fortune Smart Lifestyle has 10 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Fortune Smart Lifestyle Private Limited, buy the company report.
Recent activity
Fortune Smart Lifestyle Private Limited has 5 board changes on record since 2006: 2 appointments and 3 cessations. The latest: Manish Gyanchand Mehta was appointed as Director on 30 Dec 2020.
Frequently asked questions
Fortune Smart Lifestyle is an active private limited company based in Mumbai, Maharashtra, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 13 March 2002 (24+ years old) and is registered under CIN U51100MH2002PTC135138.
Fortune Smart Lifestyle has 2 current directors:
- Gyanchand Surajmal Mehta - Director
- Manish Gyanchand Mehta - Director
The latest financial statements of Fortune Smart Lifestyle 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.
No. Fortune Smart Lifestyle has 10 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Fortune Smart Lifestyle is U51100MH2002PTC135138. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fortune Smart Lifestyle has 1 court case on record: 1 filed against it.
Fortune Smart Lifestyle was incorporated on 13 March 2002, making it 24+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Fortune Smart Lifestyle by revenue are Rivergrow Finance Limited, Tripoli Investment and Trading Company, Dhunseri Overseas Private Limited, all in the BFSI industry (Other Financial Services), with the same principal business activity (wholesale trading).
Manish Gyanchand Mehta was appointed as Director on 30 Dec 2020. Pushpa Gyanchand Mehta ceased to be Director on 30 Dec 2020. Manish Gyanchand Mehta ceased to be Director on 28 Mar 2019. Fortune Smart Lifestyle has 5 board changes on record in total.
Fortune Smart Lifestyle has 6 MSME Form 1 returns on record between 2017 and 2021, listing 27 overdue payments to 22 micro and small suppliers. The latest return was filed on 30 Apr 2022.
Fortune Smart Lifestyle can be reached through the website ficlyf.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Fortune Smart Lifestyle is at A – 3210 Marathon Futurex Mafatlal Mills Compound, N.M. Joshi Marg Lower Parel, Mumbai, Maharashtra, India – 400013.
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