MSME (Udyam registered) Ministry of MSME
- Category
- Small (2023-24)
- Udyam number
- UDYAM-TS-02-0050254
Fortuneplus IT Networks Private Limited - information technology in Hyderabad, Telangana, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹11.98 Cr
▼ 30% YoY
Net profit · FY 2024
₹36.39 Lakh
Net margin 3%
EBITDA · FY 2024
₹67.58 Lakh
EBITDA margin 5.6%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Open charges
₹1.19 Cr
Satisfied ₹40 Lakh
Company age
15 yrs
Est. 2011
Directors on board
2
As per MCA filings
About Fortuneplus IT Networks Private Limited
Data last updated:
Fortuneplus IT Networks Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the IT infrastructure management and services segment of the technology and IT services sector. It was incorporated on 15 December 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72300TG2011PTC078055. Its GSTIN is 36AAFCR5904E1ZI (Telangana). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It was formerly known as Rosw It Networks Private Limited. It is led by directors Sandeep Kalvakuntla and Manohari Kalvakuntla.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 1 – 8 – 450/1/B/87 1st Floor Indian Airlines Colony Begumpet Secunderabad, Hyderabad, Telangana, India – 500003.
As per the financials filed for FY 2024, the company reported a revenue of ₹11.98 Cr, a decline of 30% compared to the previous year. For the same year it recorded a net profit of ₹36.39 Lakh (net margin 3%) and EBITDA of ₹67.58 Lakh (EBITDA margin 5.6%). Revenue has grown at a compounded annual rate (CAGR) of 48% over three years and 54% over five years.
As per MCA filings, the company has open charges of ₹1.19 Cr and satisfied charges of ₹40 Lakh on record. Court records list 5 cases involving the company, including 2 filed by the company and 3 filed against it.
Fortuneplus IT Networks Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-02-0050254). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website fortuneplus.co.in.
Company details
CIN U72300TG2011PTC078055
Registration Number 078055
Incorporation Date 15 December 2011
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-TS-02-0050254
CIN history
Fortuneplus IT Networks has one previous CIN (Corporate Identification Number): U72300AP2011PTC078055. The current CIN is U72300TG2011PTC078055, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72300TG2011PTC078055 | Current |
| U72300AP2011PTC078055 | Previous |
Recognitions & Rankings of Fortuneplus IT Networks
Contact details
Fortuneplus IT Networks Private Limited's registered office is in Hyderabad, Telangana. Its website is fortuneplus.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address1 – 8 – 450/1/B/87 1st Floor Indian Airlines Colony Begumpet Secunderabad, Hyderabad, Telangana, India – 500003
- IndustryInformation Technology, IT Infrastructure Management & Services, IT Consulting & Support Services
To see the full contact details of Fortuneplus IT Networks Private Limited, buy the company report.
Comprehensive company report
Fortuneplus IT Networks 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
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Business activity
The main business activity of Fortuneplus IT Networks is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Fortuneplus IT Networks Private Limited, buy the company report.
Financials of Fortuneplus IT Networks Private Limited
FY 2024 filings availableFortuneplus IT Networks Private Limited reported revenue of ₹11.98 Cr (down 30% YoY) for FY 2024.
Revenue · FY 2024
₹11.98 Cr ▼ 30%
Net profit · FY 2024
₹36.39 Lakh margin 3%
EBITDA · FY 2024
₹67.58 Lakh margin 5.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 30%
3 years · compounded
▲ 48%
5 years · compounded
▲ 54%
EBITDA CAGR growth
1 year
▼ 33%
3 years · compounded
▲ 57%
5 years · compounded
▲ 79%
Revenue fell 30% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 54%. EBITDA fell 33% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Total Expenses | |||||
| EBITDA | ₹67.58 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹36.39 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.6% | ||||
| Net Profit Margin | 3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Fortuneplus IT Networks Private Limited, buy the company report.
Board of directors of Fortuneplus IT Networks Private Limited
Fortuneplus IT Networks has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sandeep Kalvakuntla | Director | 05 Nov 2013 | 13 Years 0 Months | Current |
| Manohari Kalvakuntla | Director | 18 Feb 2016 | 10 Years 8 Months | Current |
Auditor
Fortuneplus IT Networks Private Limited is audited by SUNNY JAIN & COMPANY for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SUNNY JAIN & COMPANY | FY 2023 | 015972C |
Shareholding
The shareholding of Fortuneplus IT Networks Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Fortuneplus IT Networks Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.19 Cr
Satisfied charges
₹40 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Apr 2025 | 101110159 | Hdfc Bank Limited | ₹10.59 Lakh | Open | |
| 03 Aug 2024 | 100989153 | Hdfc Bank Limited | ₹27.64 Lakh | Open | |
| 19 Oct 2022 | 100680234 | Hdfc Bank Limited | ₹10 Lakh | Open | |
| 13 Aug 2021 | 100490897 | Hdfc Bank Limited | ₹12.99 Lakh | Open | |
| 02 Apr 2016 | 100019504 | Others | ₹57.5 Lakh | Open |
To see the full charge records of Fortuneplus IT Networks Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Fortuneplus IT Networks Private Limited has 5 court cases on record: 2 filed by Fortuneplus IT Networks, 3 filed against it. All cases are disposed.
Total cases
5
Filed by the company
2
Filed against the company
3
Disposed
5
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 3 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (S S) | Filed against the company by Compuage Infocom Ltd. | Disposed |
| District court, Hyderabad CCC, Telangana | Civil suit | Filed by the company against Ms SPS HR Consulting Pvt Ltd and 3Others | Disposed |
| District court, New Delhi, Delhi | Criminal case | Filed against the company by Digilife Distribution and Marketing Services | Disposed |
| District court, New Delhi, Delhi | Criminal case | Filed against the company by Fortune Infosystems Ltd. | Disposed |
| High Court, TELANGANA | Writ petition | Filed by the company against The State of Telangana Rep., by Its Principal Secretary, and 3 others | Disposed |
To see the full case history of Fortuneplus IT Networks 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 Fortuneplus IT Networks Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Fortuneplus IT Networks has 3 GST registrations: 2 active and 1 cancelled or inactive.
Total GSTINs
3
Active
2
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAFCR5904E1ZI | Telangana | Active | 01 Jul 2017 |
| 37AAFCR5904E2ZF | Andhra Pradesh | Active | 29 Apr 2023 |
To see the full GST registrations and return filing status of Fortuneplus IT Networks Private Limited, buy the company report.
Recent activity
Fortuneplus IT Networks Private Limited has 7 board changes on record since 2013: 2 appointments and 5 cessations. The latest: Manohari Kalvakuntla was appointed as Director on 18 Feb 2016.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 10.59 Lakh with Charge ID 101110159 was registered on 29 Apr 2025.
Charges
A charge with Hdfc Bank Limited of Rs. 10.00 Lakh registered on 19 Oct 2022 with Charge ID 100680234 was modified on 29 Apr 2025.
Charges
A charge registered on 15 Mar 2022 via Charge ID 100569811 with Others was fully satisfied on 18 Mar 2025.
AGM
Fortuneplus It Networks Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 27.64 Lakh with Charge ID 100989153 was registered on 03 Aug 2024.
Filing
Fortuneplus It Networks Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 10.00 Lakh with Charge ID 100680234 was registered on 19 Oct 2022.
Charges
A charge with Others amounted to Rs. 40.00 Lakh with Charge ID 100569811 was registered on 15 Mar 2022.
Charges
A charge with Others of Rs. 57.50 Lakh registered on 02 Apr 2016 with Charge ID 100019504 was modified on 20 Oct 2021.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 12.99 Lakh with Charge ID 100490897 was registered on 13 Aug 2021.
Charges
A charge with Others amounted to Rs. 57.50 Lakh with Charge ID 100019504 was registered on 02 Apr 2016.
Appointed
Manohari Kalvakuntla was appointed as Director.
7 earlier events are in the company report.
Frequently asked questions
Fortuneplus IT Networks is an active private limited company based in Hyderabad, Telangana, India. The company works in IT infrastructure management and services, within the information technology industry. It was incorporated on 15 December 2011 (15+ years old) and is registered under CIN U72300TG2011PTC078055.
Fortuneplus IT Networks has 2 current directors:
- Sandeep Kalvakuntla - Director
- Manohari Kalvakuntla - Director
The latest financial statements of Fortuneplus IT Networks on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Fortuneplus IT Networks is 36AAFCR5904E1ZI, registered in Telangana. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 37AAFCR5904E2ZF (Andhra Pradesh).
The CIN (Corporate Identification Number) of Fortuneplus IT Networks is U72300TG2011PTC078055. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fortuneplus IT Networks has 5 court cases on record: 2 filed by the company and 3 filed against it. Most are in the district courts.
Fortuneplus IT Networks was incorporated on 15 December 2011, making it 15+ years old. It is registered with the Registrar of Companies, Hyderabad.
Manohari Kalvakuntla was appointed as Director on 18 Feb 2016. Surya Teja Buddammolla ceased to be Director on 18 Feb 2016. Manthena Raju Jayarama ceased to be Director on 15 Feb 2016. Fortuneplus IT Networks has 7 board changes on record in total.
Yes, Fortuneplus IT Networks is registered as a small enterprise under Udyam registration (number: UDYAM-TS-02-0050254).
Fortuneplus IT Networks can be reached through the website fortuneplus.co.in. Its registered office is in Hyderabad, Telangana, India.
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