Fortunes E-Innovation Private Limited
About Fortunes E-Innovation Private Limited
Data last updated:
Fortunes E-Innovation Private Limited was a private limited company based in Chennai, Tamil Nadu, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the retail trade segment of the trading and commerce sector. It was incorporated on 27 January 2014.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U72900TN2014PTC094722. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Nithukumari and Amarchand Anil Kumar.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at No.20 Habibula Road T.Nagar, Chennai, Tamil Nadu, India – 600017.
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- Registered AddressNo.20 Habibula Road T.Nagar, Chennai, Tamil Nadu, India – 600017
- IndustryTrading, Retailers, Retail Trading
- 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
- One PDF report, delivered after checkout
Financials of Fortunes E-Innovation Private Limited
FY 2019 filings availableFortunes E-Innovation Private Limited reported revenue of ₹390 (down 100% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 72% over five years. 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 2018-19 | FY 2014-15 to FY 2017-18in the company report |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | •••• | |
| Other Income | •••• | |
| Total Revenue | •••• | |
| Cost of Materials Consumed | •••• | |
| Employee Benefit Expense | •••• | |
| Finance Costs | •••• | |
| Depreciation and Amortisation | •••• | |
| Other Expenses | •••• | |
| Total Expenses | •••• | |
| EBITDA | •••• | |
| Profit Before Tax | •••• | |
| Tax Expense | •••• | |
| Net Profit (PAT) | •••• | |
| Balance Sheet | ||
| Share Capital | •••• | |
| Reserves and Surplus | •••• | |
| Net Worth (Total Equity) | •••• | |
| Long-term Borrowings | •••• | |
| Short-term Borrowings | •••• | |
| Trade Payables | •••• | |
| Total Liabilities | •••• | |
| Fixed Assets | •••• | |
| Investments | •••• | |
| Inventories | •••• | |
| Trade Receivables | •••• | |
| Cash and Bank Balance | •••• | |
| Total Assets | •••• | |
Financial Ratios
| Metrics | FY 2018-19 | FY 2014-15 to FY 2017-18in the company report |
|---|---|---|
| Profitability | ||
| EBITDA Margin | •••• | |
| Net Profit Margin | •••• | |
| Return on Equity (ROE) | •••• | |
| Return on Capital Employed (ROCE) | •••• | |
| Return on Assets (ROA) | •••• | |
| Liquidity and Debt | ||
| Current Ratio | •••• | |
| Quick Ratio | •••• | |
| Debt-to-Equity Ratio | •••• | |
| Interest Coverage Ratio | •••• | |
| Efficiency and Growth | ||
| Asset Turnover | •••• | |
| Receivable Days | •••• | |
| Payable Days | •••• | |
| Inventory Days | •••• | |
| Revenue Growth | •••• | |
| Net Profit Growth | •••• | |
Paid data: the figures shown as dots, and every line for FY 2014-15 to FY 2017-18, are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Fortunes E-Innovation are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Board of Directors of Fortunes E-Innovation Private Limited
Fortunes E-Innovation 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 |
|---|---|---|---|---|
| Nithukumari Also directs: Ezeekart Creation LLP, Case Station Chennai Private Limited, Fortunes Trading Company Private Limited and 3 more | Director | 23 Jul 2016 | 10 Years 2 Months | As last reported |
| Amarchand Anil Kumar Also directs: Ezeekart Creation LLP, Case Station Chennai Private Limited, Fortunes Trading Company Private Limited and 3 more | Director | 27 Jan 2014 | 12 Years 8 Months | As last reported |
Auditor Details
Fortunes E-Innovation Private Limited is audited by RAJESH KOTHARI & ASSOCIATES for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| RAJESH KOTHARI & ASSOCIATES | Locked | Locked | Locked |
: available in the company report
Ownership and Shareholding
: available in the company report
Charges & Borrowings
Fortunes E-Innovation Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance
Employment history and EPFO contributions of people linked to Fortunes E-Innovation.
: available in the company report
Recent Activity
Fortunes E-Innovation Private Limited has 5 board changes on record since 2014: 2 appointments and 3 cessations. The latest: Nithukumari ceased to be Additional Director on 30 Sep 2016.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
MSME Payment Delays
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
Fortunes E-Innovation has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
: available in the company report
MCA Filings & Documents
: available in the company report
Frequently Asked Questions
Fortunes E-Innovation has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Fortunes E-Innovation was a private limited company based in Chennai, Tamil Nadu, India. The company worked in retailers, within the trading industry. It was incorporated on 27 January 2014 and is registered under CIN U72900TN2014PTC094722. The company has been struck off by the Registrar of Companies and is no longer operational.
Fortunes E-Innovation had 2 directors:
- Nithukumari - Director
- Amarchand Anil Kumar - Director
The CIN (Corporate Identification Number) of Fortunes E-Innovation is U72900TN2014PTC094722. 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 Fortunes E-Innovation is at No.20 Habibula Road T.Nagar, Chennai, Tamil Nadu, India – 600017.
Fortunes E-Innovation was incorporated on 27 January 2014. It is registered with the Registrar of Companies, Chennai.
The latest financial statements of Fortunes E-Innovation on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
No. Fortunes E-Innovation has 1 GST registration on record and it is cancelled or inactive.
Fortunes E-Innovation operated in the trading industry, in the retailers segment. It worked in this industry before it was struck off.
Nithukumari ceased to be Additional Director on 30 Sep 2016. Nithukumari was appointed as Director on 23 Jul 2016. Siva Ganesh ceased to be Director on 23 Jul 2016. Fortunes E-Innovation has 5 board changes on record in total.