Innovative Fortune Publication Private Limited
About Innovative Fortune Publication Private Limited
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Innovative Fortune Publication Private Limited was a private limited company based in Bhilwara, Rajasthan, 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 print media and publishing segment of the media and publishing sector. It was incorporated on 16 March 2011.
The company was registered with the Registrar of Companies (ROC), Jaipur, under CIN U22190RJ2011PTC034580.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors including Vikas Sethiya and Prem Singh Sethia.
Its last annual general meeting (AGM) was held on 25 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at C – 124 Shastri Nagar, Bhilwara, Rajasthan, India – 311001.
As per the financials filed for FY 2019, the company reported a revenue of ₹1.66 Lakh, a decline of 67% compared to the previous year. For the same year it recorded a net profit of ₹1,630 (net margin 1%) and EBITDA of ₹6,568 (EBITDA margin 4%). Revenue has declined at a compounded annual rate (CAGR) of 33% over three years.
As per MCA filings, the company had satisfied charges of ₹6.1 Lakh on record.
Company details
Contact details
Innovative Fortune Publication Private Limited's registered office is in Bhilwara, Rajasthan. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressC – 124 Shastri Nagar, Bhilwara, Rajasthan, India – 311001
- IndustryMedia and Publishing, Print Media & Publishing
To see the full contact details of Innovative Fortune Publication 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
Business activity
The main business activity of Innovative Fortune Publication is information and communication. In detail, this covers publishing of newspapers, books, periodicals, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J1 | Publishing of Newspapers, Books, periodicals, etc. activities |
To see the full business activity and turnover split of Innovative Fortune Publication Private Limited, buy the company report.
Financials of Innovative Fortune Publication Private Limited
FY 2019 filings availableInnovative Fortune Publication Private Limited reported revenue of ₹1.66 Lakh (down 67% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 33% over three years, including a 67% fall in the latest year. EBITDA fell 24% 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
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| EBITDA | ₹6,568 | ||||
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| Net Profit (PAT) | ₹1,630 | ||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA Margin | 4% | ||||
| Net Profit Margin | 1% | ||||
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To see the full financial statements and ratios of Innovative Fortune Publication Private Limited, buy the company report.
Board of directors of Innovative Fortune Publication Private Limited
Innovative Fortune Publication has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vikas Sethiya Also directs: Patloon Ventures Private Limited, Discount Tadkaa (India) Limited, D Ultimate Buildearth Private Limited and 1 more | Director | 22 Apr 2011 | 15 Years 6 Months | As last reported |
| Prem Singh Sethia | Director | 16 Mar 2011 | 15 Years 7 Months | As last reported |
| Anju Sethiya | Director | 16 Mar 2011 | 15 Years 7 Months | As last reported |
Peer comparison
Innovative Fortune Publication Private Limited is compared with the 3 companies closest to it by revenue in the Media and Publishing industry (Print Media), with the same principal business activity (publishing of newspapers, books, periodicals, etc. activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Harishchandra Press Club and Media Foundation | ₹1.98 Lakh (FY 2025) | -9.0% | Vapi, Gujarat, India | |||
| Bhakti Print Media Private Limited | ₹1.7 Lakh (FY 2019) | Mumbai, Maharashtra, India | ||||
| Innovative Fortune Publication Private Limitedthis company | ₹1.66 Lakh (FY 2019) | ₹1,630 | 1% | -67.0% | Bhilwara, Rajasthan, India | |
| Buy & Sell Publication Pvt Ltd | ₹1.62 Lakh (FY 2024) | -38.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Innovative Fortune Publication Private Limited, buy the company report.
Auditor
Innovative Fortune Publication Private Limited is audited by CHHAJED & CHHAJED CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CHHAJED & CHHAJED CO | FY 2018 | 009243C |
Shareholding
The shareholding of Innovative Fortune Publication Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Innovative Fortune Publication Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Feb 2013 | 10402907 | Bank of India | ₹6.1 Lakh | Satisfied |
To see the full charge records of Innovative Fortune Publication Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Innovative Fortune Publication Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Innovative Fortune Publication Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Innovative Fortune Publication Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Innovative Fortune Publication Private Limited has 3 board changes on record since 2011: 3 appointments. The latest: Vikas Sethiya was appointed as Director on 22 Apr 2011.
Frequently asked questions
Innovative Fortune Publication 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.
Innovative Fortune Publication was a private limited company based in Bhilwara, Rajasthan, India. The company worked in print media and publishing, within the media and publishing industry. It was incorporated on 16 March 2011 and is registered under CIN U22190RJ2011PTC034580. The company has been struck off by the Registrar of Companies and is no longer operational.
Innovative Fortune Publication had 3 directors:
- Vikas Sethiya - Director
- Prem Singh Sethia - Director
- Anju Sethiya - Director
The CIN (Corporate Identification Number) of Innovative Fortune Publication is U22190RJ2011PTC034580. 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 Innovative Fortune Publication is at C – 124 Shastri Nagar, Bhilwara, Rajasthan, India – 311001.
Innovative Fortune Publication was incorporated on 16 March 2011. It is registered with the Registrar of Companies, Jaipur.
The latest financial statements of Innovative Fortune Publication on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 25 September 2019. Year-wise statements from 2015 are in the company report.
Innovative Fortune Publication operated in the media and publishing industry, in the print media and publishing segment. It worked in this industry before it was struck off.
The peers of Innovative Fortune Publication by revenue are Harishchandra Press Club and Media Foundation, Bhakti Print Media Private Limited, Buy & Sell Publication Pvt Ltd, all in the Media and Publishing industry (Print Media), with the same principal business activity (publishing of newspapers, books, periodicals, etc. activities).
Vikas Sethiya was appointed as Director on 22 Apr 2011. Anju Sethiya was appointed as Director on 16 Mar 2011. Prem Singh Sethia was appointed as Director on 16 Mar 2011.
Innovative Fortune Publication has no open charges and satisfied charges of ₹6.1 Lakh as per latest MCA filings.
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