MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2021-22)
- Udyam number
- UDYAM-DD-02-0000077
Fortunext Retail Private Limited - packaging in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2019
₹4.16 Cr
▲ 425% YoY
Net profit · FY 2019
₹4.06 Lakh
Net margin 1%
EBITDA · FY 2019
₹13.2 Lakh
EBITDA margin 3.2%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
11 yrs
Est. 2015
Directors on board
2
As per MCA filings
Active GSTINs
1
of 3 registered
About Fortunext Retail Private Limited
Data last updated:
Fortunext Retail Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the industrial packaging solutions segment of the packaging sector. It was incorporated on 20 January 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74120MH2015PTC261144. Its GSTIN is 27AAVCS3983L1ZA (Maharashtra). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Packing Mantra Private Limited and Uniretail Private Limited. It is led by directors Neha Hitesh Parikh and Nimit Hitesh Parikh.
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 is at 228/12 Parikh Building Mata Laxmi Lane Sion (E), Mumbai, Maharashtra, India – 400022.
As per the financials filed for FY 2019, the company reported a revenue of ₹4.16 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹4.06 Lakh (net margin 1%) and EBITDA of ₹13.2 Lakh (EBITDA margin 3.2%). Revenue has grown at a compounded annual rate (CAGR) of 96% over three years.
Court records list 4 cases involving the company, including 1 filed by the company and 3 filed against it.
Fortunext Retail Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-DD-02-0000077). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website strongseal.in.
Company details
CIN U74120MH2015PTC261144
Registration Number 261144
Incorporation Date 20 January 2015
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2019
Date of Balance Sheet 31 March 2019
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-DD-02-0000077
Name history
Fortunext Retail has undergone 7 name changes throughout its history. The current legal name is Fortunext Retail Private Limited.
| Company Name | Status |
|---|---|
| Fortunext Retail Private Limited | Current |
| Packing Mantra Private Limited | Previous |
| Uniretail Private Limited | Previous |
| Blackstone Industries Private Limited | Previous |
| Blackstone Retail Solutions Private Limited | Previous |
| Packing Mantra Industries Private Limited | Previous |
| United Retail Private Limited | Previous |
| Space Culture Private Limited | Previous |
Recognitions & Rankings of Fortunext Retail
Contact details
Fortunext Retail Private Limited's registered office is in Mumbai, Maharashtra. Its website is strongseal.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address228/12 Parikh Building Mata Laxmi Lane Sion (E), Mumbai, Maharashtra, India – 400022
- IndustryPackaging, Industrial Packaging Solutions
To see the full contact details of Fortunext Retail Private Limited, buy the company report.
Comprehensive company report
Fortunext Retail 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Fortunext Retail is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Fortunext Retail Private Limited, buy the company report.
Financials of Fortunext Retail Private Limited
FY 2019 filings availableFortunext Retail Private Limited reported revenue of ₹4.16 Cr (up 425% YoY) for FY 2019.
Revenue · FY 2019
₹4.16 Cr ▲ 425%
Net profit · FY 2019
₹4.06 Lakh margin 1%
EBITDA · FY 2019
₹13.2 Lakh margin 3.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 425%
3 years · compounded
▲ 96%
EBITDA CAGR growth
1 year
▲ 223%
3 years · compounded
▲ 93%
Revenue has grown at a compounded annual rate (CAGR) of 96% over three years, including 425% growth in the latest year. EBITDA rose 223% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹4.16 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹13.2 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.06 Lakh | ||||
| 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.2% | ||||
| Net Profit Margin | 1% | ||||
| 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 | |||||
To see the full financial statements and ratios of Fortunext Retail Private Limited, buy the company report.
Board of directors of Fortunext Retail Private Limited
Fortunext Retail 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 |
|---|---|---|---|---|
| Neha Hitesh Parikh | Director | 10 Oct 2017 | 9 Years 0 Months | Current |
| Nimit Hitesh Parikh | Director | 20 Jan 2015 | 11 Years 9 Months | Current |
Auditor
Fortunext Retail Private Limited is audited by KISHORE MEHTA & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KISHORE MEHTA & ASSOCIATES | FY 2019 | 105252W |
Shareholding
The shareholding of Fortunext Retail Private Limited is on record for 5 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Fortunext Retail Private Limited, buy the company report.
Legal cases
Fortunext Retail Private Limited has 4 court cases on record: 1 filed by Fortunext Retail, 3 filed against it. All cases are disposed.
Total cases
4
Filed by the company
1
Filed against the company
3
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 3 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by RBL Bank Ltd | Disposed |
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed against the company by Moneywise Financial Services Pvt Ltd | Disposed |
| District court, Jodhpur Metro, Rajasthan | Commercial suit | Filed by the company against Messrs Sadhbhav Engineering Ltd | Disposed |
| District court, West, Delhi | Court case (Civ DJ) | Filed against the company by Ms Sahiba International | Disposed |
To see the full case history of Fortunext Retail 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 Fortunext Retail Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Fortunext Retail has 3 GST registrations: 1 active and 2 cancelled or inactive.
Total GSTINs
3
Active
1
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAVCS3983L1ZA | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Fortunext Retail Private Limited, buy the company report.
Recent activity
Fortunext Retail Private Limited has 4 board changes on record since 2015: 2 appointments and 2 cessations. The latest: Neha Hitesh Parikh ceased to be Additional Director on 29 Sep 2018.
AGM
Fortunext Retail Private Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.
Filing
Fortunext Retail Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Mumbai I.
Ceased
Neha Hitesh Parikh ceased to be Additional Director.
Appointed
Neha Hitesh Parikh was appointed as Director.
Ceased
Punarv Parikh Hitesh ceased to be Director.
Appointed
Nimit Hitesh Parikh was appointed as Director.
Incorporation
20 Jan 2015
Fortunext Retail Private Limited was registered on 20 Jan 2015 with Roc Mumbai I & aged 11 years 9 months as per MCA records.
Frequently asked questions
Fortunext Retail is an active private limited company based in Mumbai, Maharashtra, India. The company works in industrial packaging solutions, within the packaging industry. It was incorporated on 20 January 2015 (11+ years old) and is registered under CIN U74120MH2015PTC261144.
Fortunext Retail has 2 current directors:
- Neha Hitesh Parikh - Director
- Nimit Hitesh Parikh - Director
The latest financial statements of Fortunext Retail 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.
The GSTIN of Fortunext Retail is 27AAVCS3983L1ZA, registered in Maharashtra. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Fortunext Retail is U74120MH2015PTC261144. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fortunext Retail has 4 court cases on record: 1 filed by the company and 3 filed against it.
Fortunext Retail was incorporated on 20 January 2015, making it 11+ years old. It is registered with the Registrar of Companies, Mumbai.
Neha Hitesh Parikh ceased to be Additional Director on 29 Sep 2018. Neha Hitesh Parikh was appointed as Director on 10 Oct 2017. Punarv Parikh Hitesh ceased to be Director on 10 Oct 2017. Fortunext Retail has 4 board changes on record in total.
Yes, Fortunext Retail is registered as a micro enterprise under Udyam registration (number: UDYAM-DD-02-0000077).
Fortunext Retail can be reached through the website strongseal.in. Its registered office is in Mumbai, Maharashtra, India.