Fortune Metals Limited
About Fortune Metals Limited
Data last updated:
Fortune Metals Limited was a public 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 metal manufacturing and processing segment of the metals and mining sector. It was incorporated on 29 November 1994.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U27201TN1994PLC029366.
The company had an authorised share capital of ₹2 Lakh and a paid-up capital of ₹7,000.
The registered office was at 3/2 II Avenue Ashok Nagar Madras – 83, Chennai, Tamil Nadu, India.
As per the financials filed for FY 2022, the company reported a revenue of ₹737.06 Cr, a growth of 41% compared to the previous year.
The company had about 236 employees on its provident fund (EPFO) records before it was struck off.
Court records list 34 cases involving the company, including 18 filed by the company and 16 filed against it; 4 cases are pending.
Company details
Contact details
Fortune Metals Limited's registered office is in Chennai, Tamil Nadu.
- Registered Address3/2 II Avenue Ashok Nagar Madras – 83, Chennai, Tamil Nadu, India
- IndustryMetals and Minerals, Metal Manufacturing & Processing
- 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
Financials of Fortune Metals Limited
Fortune Metals Limited reported revenue of ₹737.06 Cr (up 41% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue rose 41% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
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Financial Ratios
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To see the full financial statements and ratios of Fortune Metals Limited, buy the company report.
Board of directors of Fortune Metals Limited
No directors are listed for Fortune Metals in the MCA records available to us.
Peer comparison
Fortune Metals Limited is compared with the 10 companies closest to it by revenue in the Metals and Minerals industry (Metals), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sumridhi Aluminium Private Limited | ₹794.9 Cr (FY 2025) | 29.0% | Delhi, India | |||
| Manaksia Coated Metals & Industries Limited | ₹790.87 Cr (FY 2025) | 6.0% | Kolkata, West Bengal, India | |||
| CMR Aluminium Private Limited | ₹760.86 Cr (FY 2025) | 29.0% | Faridabad, Haryana, India | |||
| Virgo Aluminum Limited | ₹756.33 Cr (FY 2024) | 20.0% | Kheda, Gujarat, India | |||
| Ardee Industries Limited | ₹743.53 Cr (FY 2025) | 60.0% | New Delhi, Delhi, India | |||
| Fortune Metals Limitedthis company | ₹737.06 Cr (FY 2022) | 41.0% | Chennai, Tamil Nadu, India | |||
| Mercure Metals and Alloys Private Limited | ₹721.82 Cr (FY 2025) | 29.0% | Mumbai, Maharashtra, India | |||
| Vimla Fuels & Metals Limited | ₹718.74 Cr (FY 2023) | 7.0% | Bhachau, Gujarat, India | |||
| S. Poddar International (India) Private Limited | ₹718.68 Cr (FY 2025) | 12.0% | Gandhidham, Gujarat, India | |||
| Copprrod Industries Private Limited | ₹718.04 Cr (FY 2024) | 11.0% | Tumkur, Karnataka, India | |||
| Bhumi Electro India Private Limited | ₹711.09 Cr (FY 2025) | 60.0% | Chhatral, Gujarat, India |
To see the full peer comparison of Fortune Metals Limited, buy the company report.
Legal cases
Fortune Metals Limited has 34 court cases on record: 18 filed by Fortune Metals, 16 filed against it. 4 cases are pending and 30 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 21 | 10 | 0 |
| High courts | 10 | 5 | 4 |
| Supreme Court | 3 | 1 | 0 |
Cases on record (5 of 34)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Fatehgarh Sahib, Punjab | Civil suit | Filed by the company against Punjab State Power Corporation Limited and 1 other | Disposed |
| District court, Ludhiana, Punjab | Commercial suit | Filed by the company against Tung Builders Private Limited | Disposed |
| District court, Ludhiana, Punjab | Civil miscellaneous application | Filed by the company against M/S Kadevi Industries Ltd. | Disposed |
| District court, Ludhiana, Punjab | Execution petition | Filed against the company by M/S Konark Rajhans Estates Private Limited | Disposed |
| District court, Anand, Gujarat | Criminal complaint | Filed against the company by Ashishkumar Yogeshbhai Gor Authorised Preson of Elecon Engineering Co.Ltd. | Disposed |
To see the full case history of Fortune Metals 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 Fortune Metals 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 Fortune Metals Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Frequently asked questions
Fortune Metals 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.
Fortune Metals was a public limited company based in Chennai, Tamil Nadu, India. The company worked in metal manufacturing and processing, within the metals and minerals industry. It was incorporated on 29 November 1994 and is registered under CIN U27201TN1994PLC029366. The company has been struck off by the Registrar of Companies and is no longer operational.
The CIN (Corporate Identification Number) of Fortune Metals is U27201TN1994PLC029366. 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 Fortune Metals is at 32 II Avenue Ashok Nagar Madras – 83, Chennai, Tamil Nadu, India.
Fortune Metals was incorporated on 29 November 1994. It is registered with the Registrar of Companies, Chennai.
Fortune Metals operated in the metals and minerals industry, in the metal manufacturing and processing segment. It worked in this industry before it was struck off.
The peers of Fortune Metals by revenue are Sumridhi Aluminium Private Limited, Manaksia Coated Metals & Industries Limited, CMR Aluminium Private Limited, Virgo Aluminum Limited, Ardee Industries Limited and 5 more, all in the Metals and Minerals industry (Metals).
Fortune Metals has 34 court cases on record: 18 filed by the company and 16 filed against it. 4 are pending. Most are in the district courts.
Fortune Metals can be reached at its registered office: 32 II Avenue Ashok Nagar Madras – 83, Chennai, Tamil Nadu, India.
Fortune Metals is registered under the jurisdiction of the Registrar of Companies (ROC), Chennai.