Moretasks Business Solution Private Limited

Founded in 2016 and headquartered in Jharkhand, India.

2016 | Jamtara, Jharkhand (India) | Active
Last Updated: January 01, 2025

Moretasks Business Solution Profile

Key Indicators

  • Authorised Capital ₹ 0.20 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 8 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 6.47 M
  • Revenue Growth 48.14%
  • Profit Growth 91.37%
  • Ebitda 141.22%
  • Net Worth 39.70%
  • Total Assets -8.30%

About Moretasks Business Solution

Moretasks Business Solution Private Limited (MBSPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 16 June 2016 (Eight years and seven months 18 days old ). Its registered office is in Jamtara, Jharkhand, India.

The Company is engaged in the Business Outsourcing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 0.20 M and a paid-up capital of Rs 0.10 M.

The company has closed loans amounting to ₹6.47 M, and has no open charges as per Ministry of Corporate Affairs (MCA) records.


Company Details

  • Location

    Jamtara, Jharkhand, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74999JH2016PTC008880

  • Company No.

    008880

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 Jun 2016

  • Date of AGM

    17 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Jharkhand

Industry

Business Outsourcing

Who are the key members and board of directors at Moretasks Business Solution?

Board Members (2)

Name Designation Appointment Date Status
Sharvan Agarwal Country flag representing In Director 16-Jun-2016 Current
Sumit Agarwal Country flag representing In Director 16-Jun-2016 Current

Financial Performance of Moretasks Business Solution.

Moretasks Business Solution Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 48.14% increase. The company also saw a substantial improvement in profitability, with a 91.37% increase in profit. The company's net worth Soared by an impressive increase of 39.7%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
48.14%
Revenue from Operations
50.18%
Total Assets
-8.30%
Profit or Loss
91.37%
Net Worth
39.70%
EBITDA
141.22%

What is the Ownership and Shareholding Structure of Moretasks Business Solution?

In 2021, Moretasks Business Solution had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹6.47 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 0.65 Cr

Latest Charge Details

Date Lender Amount Status
30 Aug 2022 Hdfc Bank Limited ₹6.47 M Satisfied

How Many Employees Work at Moretasks Business Solution?

Moretasks Business Solution has a workforce of 50 employees as of Apr 08, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Moretasks Business Solution, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Moretasks Business Solution's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Moretasks Business Solution

Recent activity within the organization

  • Annual General Meeting

    Moretasks Business Solution Private Limited last Annual general meeting of members was held on 17 Sep 2024 as per latest MCA records.

    17 Sep 2024

  • Balance Sheet

    Moretasks Business Solution Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Jharkhand.

    31 Mar 2024

  • Charges

    A charge registered on 30 Aug 2022 via Charge ID 100656214 with Hdfc Bank Limited was fully satisfied on 16 Sep 2023.

    16 Sep 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 6.47 M with Charge ID 100656214 was registered on 30 Aug 2022.

    30 Aug 2022

  • Director Appointment

    Sharvan Kumar Agarwal was appointed as a Director was appointed as a Director on 16 Jun 2016 & has been associated with this company since 8 years 7 months .

    16 Jun 2016

  • Director Appointment

    Sumit Chandra Agarwal was appointed as a Director was appointed as a Director on 16 Jun 2016 & has been associated with this company since 8 years 7 months .

    16 Jun 2016

Frequently asked questions

  • Moretasks Business Solution Private Limited was incorporated on 16 Jun 2016.

  • The authorized share capital of Moretasks Business Solution Private Limited is ₹ 0.20 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Moretasks Business Solution Private Limited.

    • Sharvan Kumar Agarwal
    • Sumit Chandra Agarwal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Moretasks Business Solution Private Limited is C/O-Mani Krishna Bhawan, New Town Area Axis Bank Building India, Jamtara, Jharkhand, 815351.

  • The corporate identification number (CIN) of Moretasks Business Solution Private Limited is U74999JH2016PTC008880 and the company number is 008880 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Moretasks Business Solution Private Limited is https://www.moretasks.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Moretasks Business Solution Private Limited has risen by 48.14%.

  • As Per 2022 financial reports, 50 employees are currently employed by Moretasks Business Solution Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Moretasks Business Solution Private Limited has experienced an upsurge of 39.70%.

  • The most recent Balance Sheet for Moretasks Business Solution Private Limited was filed with the ROC on 31 Mar 2024.