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fortune financial serv india (530023) Details

Fortune Financial Services (India) Limited provides corporate finance and broking solutions in India. It offers investment banking services, including equity/debt syndication; issue management; and mergers and acquisitions, and corporate advisory services. The company also offers equities and derivatives trading, equity research, commodities trading, portfolio management services, IPO, and insurance products, as well as distributes mutual funds. In addition, it provides broking services in the cash, future and options, and currency derivatives; and loan and depository services, and other wealth and distribution related products. The company was incorporated in 1991 and is based in Mumbai, India.

Founded in 1991

fortune financial serv india (530023) Top Compensated Officers

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fortune financial serv india (530023) Key Developments

Fortune Financial Services (India) Ltd. Proposes Alteration of Articles and Memorandum of Association

Fortune Financial Services (India) Ltd. proposed alteration of articles of association and memorandum of association for increase in authorized capital of the company, to be held on September 22, 2014.

Fortune Financial Services India Ltd Announces Change of Address

Fortune Financial Services India Ltd. announced that at the SBM hesl on August 18, 2014, the board of directors approved Change in registered office of the company from K. K. Chambers, 2nd Floor, Sir P. T. Marg, Fort, Mumbai 400001 to Naman Midtown, 'A' Wing, 20th Floor, Senapati Bapat Marg, Elphinstone Road, Mumbai 400013 with effect from August 18, 2014.

Fortune Financial Services (India) Ltd., Board Meeting, Aug 18, 2014

Fortune Financial Services (India) Ltd., Board Meeting, Aug 18, 2014. Agenda: To consider and approve the fund raising through investment placement program for the purpose of reducing the promoters holding to 75% level as permitted by SEBI and fund raising through other mode as the Board may consider which will be subject to the members approval and other business as per agenda.


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Valuation 530023 Industry Range
Price/Earnings 100.0x
Price/Sales 7.9x
Price/Book 1.2x
Price/Cash Flow 58.7x
TEV/Sales 1.5x

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