The Ongoing Project FORTUNE MALL is a Retail and Entertainment Complex located in Kanjikode, Palakad, Kerala with a floor area of 1 lakh Sqft. It is the first largest Shopping Centre in Palakkad and has the most affluent catchment area. The Centre includes Several Branded Retail shops, Hypermarket, Children Sparky, Multiplex Theatre, A/C and Non A/C Convention Centers, Food Court, etc.
Based on the successful development of the company and the expert opinion o the partners, we decided to bring all sister concerns under a Private Limited company . Subsequently , we registered a concern namely ABEL V-ZAC Garments Manufactures India Pvt Ltd. Thus, We fulfilled all necessary proceedings and brought all the sister concerns legally under ABEL V-ZAC garment manufacturers(India) Private Limited.
By March 2017, all sister concerns and the members became under the private limited company as per ROC Act. Share certificates are being issued to the partners, based on their respective investments.
A BRIEF ABOUT THE CHAIRMAN:
The Company’s Chairman, Mr. Issac Varghese is an energetic entrepreneur with all the necessary managerial and entrepreneurial skills. He was exposed to business from the age of 20 and has been associated with a lot of pioneer ventures in textile industries. Over the years, he has acquired a good experience in running the business. With his ability, he has developed contacts with retail and new target wholesale dealers easily. The promoter is having adequate experience in this field as they have promoted many ventures and are engaged in the business field for the past so many years and are also associated with leading business group having the presence in India and abroad. Moreover, Mr. Issac Varghese is the State President of All Kerala Anti Corruption & Human Rights Protection Council and also a Social worker.
COMPANY’S CONTRIBUTION IN REBUILDING KERALA THROUGH FORTUNE MALL:
It has been revealed that the region has a huge purchase potential for its proximity to major industrial units like ITI, Saint-Gobain, United Breweries, Precot Mills and Colony, Kamco, FCRI, I.L, BEML, KINFRA, Malabar Cements, IIT ,Coach Factory, etc., including 33 Steel companies, 7 Schools and 150 Residency colonies from Chandranagar to Walayar, The Fortune Mall is only 25 minutes drive from Vadakkenchery, Alathur, Kuzhalmannam. Moreover, the Mall is only 45 minutes drive from Coimbatore Airport. We will issue Purchase Cards to our 5000 customers, which reveals that the region has a huge purchase potential for its proximity to the above mentioned major industries. To add to it, the company ABEL V-zac has a huge customer database of 2,00,000 and is well connected to its customers. Hundreds of residential colonies dot on both sides of the road from Walayar to Kanjikode. The residents of these colonies would benefit immensely if a shopping mall comes up in their vicinity.