- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0272120
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About Fortuna Constructions (India) Private Limited
Data last updated:
Fortuna Constructions (India) Private Limited is a private limited company based in Bengaluru, Karnataka, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 10 October 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U70102KA2006PTC040707. Its GSTIN is 29AABCF0223E1Z7 (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Padmaiah Vuppu (Managing Director) and Sirimanasa Vuppu.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at #184 3rd Floor Opposite Ncert Outer Ring Rd Banashankri 3rd Stage, Bengaluru, Karnataka, India – 560085.
As per the financials filed for FY 2022, the company reported a revenue of ₹5.74 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net profit of ₹36.13 Lakh (net margin 6.3%) and EBITDA of ₹4.49 Cr (EBITDA margin 78.1%). Revenue has declined at a compounded annual rate (CAGR) of 33% over three years and 14% over five years.
As per MCA filings, the company has open charges of ₹99.5 Cr on record. Court records list 30 cases involving the company, including 12 filed by the company and 18 filed against it; 8 cases are pending.
Fortuna Constructions (India) Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0272120). The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website fortunaconstructions.com.
Company details
Recognitions & Rankings of Fortuna Constructions (India)
Contact details
Fortuna Constructions (India) Private Limited's registered office is in Bengaluru, Karnataka. Its website is fortunaconstructions.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address#184 3rd Floor Opposite Ncert Outer Ring Rd Banashankri 3rd Stage, Bengaluru, Karnataka, India – 560085
- IndustryInfrastructure and Utilities, General Construction Services
To see the full contact details of Fortuna Constructions (India) 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 Fortuna Constructions (India) is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Fortuna Constructions (India) Private Limited, buy the company report.
Financials of Fortuna Constructions (India) Private Limited
FY 2023 filings availableFortuna Constructions (India) Private Limited reported revenue of ₹5.74 Cr (up 15% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue rose 15% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 14%. EBITDA rose 17% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹5.74 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
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| Total Expenses | |||||
| EBITDA | ₹4.49 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹36.13 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 78.1% | ||||
| Net Profit Margin | 6.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Fortuna Constructions (India) Private Limited, buy the company report.
Board of directors of Fortuna Constructions (India) Private Limited
Fortuna Constructions (India) has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Padmaiah Vuppu | Managing Director | 10 Oct 2006 | 20 Years 0 Months | Current |
| Sirimanasa Vuppu Also directs: Lantana Designer Boutique LLP | Director | 10 Oct 2006 | 20 Years 0 Months | Current |
Auditor
Fortuna Constructions (India) Private Limited is audited by MATHAD ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MATHAD ASSOCIATES | FY 2022 | 005209S |
Shareholding
The shareholding of Fortuna Constructions (India) Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Fortuna Constructions (India) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Nov 2018 | 100234395 | Others | ₹24 Cr | Open | |
| 05 Sep 2017 | 100150706 | Others | ₹23 Cr | Open | |
| 11 Jul 2016 | 100054957 | Others | ₹13.5 Cr | Open | |
| 17 Jun 2015 | 10594537 | Housing Development Finance Corporation Limited | ₹16 Cr | Open | |
| 12 Nov 2013 | 10469547 | Housing Development Finance Corporation Limited | ₹10 Cr | Open |
To see the full charge records of Fortuna Constructions (India) Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Fortuna Constructions (India) Private Limited has 30 court cases on record: 12 filed by Fortuna Constructions (India), 18 filed against it. 8 cases are pending and 22 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 18 | 14 | 5 |
| High courts | 11 | 4 | 3 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 30)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by M/S Aasthy Opportunity Omega Private Limited | Pending |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed against the company by Robo Silicon Private Limited | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by M/S.Reliance Capital Ltd | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by M/S.Reliance Capital Ltd | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company | Pending |
To see the full case history of Fortuna Constructions (India) 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 Fortuna Constructions (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Fortuna Constructions (India) has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCF0223E1Z7 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Fortuna Constructions (India) Private Limited, buy the company report.
Recent activity
Fortuna Constructions (India) Private Limited has 2 board changes on record since 2006: 2 appointments. The latest: Padmaiah Vuppu was appointed as Managing Director on 10 Oct 2006.
1 earlier event is in the company report.
Frequently asked questions
Fortuna Constructions (India) is an active private limited company based in Bengaluru, Karnataka, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 10 October 2006 (20+ years old) and is registered under CIN U70102KA2006PTC040707.
Fortuna Constructions (India) has 2 current directors:
- Padmaiah Vuppu - Managing Director
- Sirimanasa Vuppu - Director
The latest financial statements of Fortuna Constructions (India) on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Fortuna Constructions (India) is 29AABCF0223E1Z7, registered in Karnataka.
The CIN (Corporate Identification Number) of Fortuna Constructions (India) is U70102KA2006PTC040707. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fortuna Constructions (India) has 30 court cases on record: 12 filed by the company and 18 filed against it. 8 are pending. Most are in the district courts.
Fortuna Constructions (India) was incorporated on 10 October 2006, making it 20+ years old. It is registered with the Registrar of Companies, Bangalore.
Padmaiah Vuppu was appointed as Managing Director on 10 Oct 2006. Sirimanasa Vuppu was appointed as Director on 10 Oct 2006.
Yes, Fortuna Constructions (India) is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0272120).
Fortuna Constructions (India) can be reached through the website fortunaconstructions.com. Its registered office is in Bengaluru, Karnataka, India.