About Fortune Spirit Limited
Data last updated: 22 July 2025
Fortune Spirit Limited is a public limited company based in Bhubaneswar, Orissa, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It specialises in alcoholic beverage manufacturing and distribution, a part of the broader food and beverages sector. Incorporated on 21 November 2007, the company has been in operation for over 19 years.
Registered with ROC Cuttack under CIN U15511OR2007PLC009628.
Capital: an authorised share capital of ₹5.5 Cr and a paid-up capital of ₹5.46 Cr. It is led by directors including Hansika Sahu and Kushagra Sahu.
Last AGM: 30 September 2024. Financial statements filed for year ended 31 March 2024. Office: Plot No – 31 Kharavela Nagar Unit – Iii, Bhubaneswar, Orissa, India – 751001.
As per the financials filed for FY 2021, the company reported a revenue of ₹12.4 Lakh, a decline of 96.8% compared to the previous year.
The company has a workforce of approximately 125 employees as per the latest available data.
As per MCA filings, the company has open charges of ₹15 Cr and satisfied charges of ₹20.7 Cr on record.
The company is undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional, and the company may not be able to independently enter into new commitments. The last known website on record is fortune-spirit-ltd.business.site.
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Registered AddressPlot No – 31 Kharavela Nagar Unit – Iii, Bhubaneswar, Orissa, India – 751001
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IndustryFood and Beverages, Alcoholic Beverage Manufacturing & Distribution
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Business Activity of Fortune Spirit Limited
Fortune Spirit Limited operates primarily in the manufacturing sector. The company has 1 registered business activity segment, reflecting its diverse operational portfolio.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| Locked | Manufacturing | Locked | Food, beverages and tobacco products | Locked |
Detailed business activity records for Fortune Spirit Limited
Activity codes and turnover contribution percentages require an active report plan.
- Activity group codes
- Detailed activity codes
- Turnover contribution
Verified entity values are shown only after access is granted.
Auditor Details of Fortune Spirit Limited
Fortune Spirit Limited is audited by SENAPATI B K & ASSOCIATES for the financial year 2021. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SENAPATI B K & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history for Fortune Spirit Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
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Board of Directors of Fortune Spirit Limited
Fortune Spirit Limited is currently managed by 6 directors, with 3 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
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Hansika Sahu
Also directs:
Arthemio Hospitality Private Limited
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Director | 25 Apr 2019 | 7 Years 3 Months | As last reported |
| Kushagra Sahu | Director | 25 Apr 2019 | 7 Years 3 Months | As last reported |
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Rajesh Kumar Sahu
Also directs:
Shri Sai Balaji Associates Private Limited
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Managing Director | 21 Nov 2007 | 18 Years 8 Months | As last reported |
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Deepak Kumar Sahu
Also directs:
Ganga Devi And Sons Pvt Ltd
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Director | 21 Nov 2007 | 18 Years 8 Months | As last reported |
| Bhaibhav Subudhi | Additional Director | 28 Feb 2017 | 9 Years 4 Months | As last reported |
| Ayush Sahu | Director | 26 Mar 2010 | 16 Years 3 Months | As last reported |
Financials of Fortune Spirit Limited FY 2024 filings available
Fortune Spirit Limited reported revenue of ₹12.4 Lakh (down 96.80% YoY) for FY 2021.
Ten-year financial statements for Fortune Spirit Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
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Ownership and Shareholding of Fortune Spirit Limited
Shareholding and ownership data for Fortune Spirit Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
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Charges & Borrowings of Fortune Spirit Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Dec 2014 | Idbi Bank Limited | ₹15 Cr | Open |
| 31 Dec 2013 | Union Bank of India | ₹10 Cr | Satisfied |
| 03 Nov 2012 | Axis Bank Limited | ₹6.2 Cr | Satisfied |
| 17 May 2008 | State Bank of India | ₹4.5 Cr | Satisfied |
Total charge records: 4 View all charges
Employees and EPFO Compliance at Fortune Spirit Limited
Fortune Spirit Limited has a workforce of 125 employees as of Apr 06, 2024.
Employee and EPFO history for Fortune Spirit Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
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GST Compliance of Fortune Spirit Limited
GST registrations and filing compliance for Fortune Spirit Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
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Credit Ratings, Litigation & Regulatory Alerts for Fortune Spirit Limited
Credit ratings, litigation, and regulatory alerts for Fortune Spirit Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
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MSME Payment Delays by Fortune Spirit Limited
MSME payment history for Fortune Spirit Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
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Subsidiaries & Group Companies of Fortune Spirit Limited
Corporate group structure for Fortune Spirit Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
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MCA Filings & Documents of Fortune Spirit Limited
MCA filings and documents for Fortune Spirit Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
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Recent Activity on Fortune Spirit Limited
Frequently Asked Questions about Fortune Spirit Limited
Fortune Spirit Limited is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Fortune Spirit Limited is a company under insolvency, formerly operating as a public limited company in the food and beverages sector based in Bhubaneswar, Orissa, India. It was incorporated on 21 November 2007 and is registered under CIN U15511OR2007PLC009628. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Fortune Spirit Limited reported revenue of ₹12.4 Lakh for FY 2021 (down 96.80% YoY).
The current directors of Fortune Spirit Limited are:
- Hansika Sahu - Director
- Kushagra Sahu - Director
- Rajesh Kumar Sahu - Managing Director
- Deepak Kumar Sahu - Director
- Bhaibhav Subudhi - Additional Director
- Ayush Sahu - Director
The CIN (Corporate Identification Number) of Fortune Spirit Limited is U15511OR2007PLC009628. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fortune Spirit Limited has open charges of ₹15 Cr and satisfied charges of ₹20.7 Cr as per latest MCA filings.