Musigma Business Solutions Private Limited

Data-driven decision making through analytics and BPO/BPM/ITES services since 2005.

2005 | Bangaluru, Karnataka (India) | Active
Last Updated: October 23, 2024

Musigma Business Solutions Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 19 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 681.00 Cr
  • Satisfied Charges ₹ 2,121.00 Cr
  • Revenue Growth 18.20%
  • Profit Growth -4.25%
  • Ebitda 10.20%
  • Net Worth -2.13%
  • Total Assets -1.96%

About Musigma Business Solutions

Musigma Business Solutions Private Limited (MBSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 13 May 2005 and has a history of 19 years and eight months. Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Business Services 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 1.00 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹681.00 Cr. The company has closed loans amounting to ₹2,121.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Dhiraj Chidambaram, Kumar Narayanaswamy, and Alokesh Das serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74140KA2005PTC036309

  • Company No.

    036309

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    13 May 2005

  • Date of AGM

    27 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Business Services

Who are the key members and board of directors at Musigma Business Solutions?

Board Members (3)

Name Designation Appointment Date Status
Dhiraj Chidambaram Country flag representing In Director 02-Mar-2006 Current
Kumar Narayanaswamy Country flag representing In Additional Director 24-Apr-2024 Current
Alokesh Das Country flag representing In Director 14-Apr-2023 Current

Financial Performance of Musigma Business Solutions.

Musigma Business Solutions Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 18.2% increase. The company also saw a slight decrease in profitability, with a 4.25% decrease in profit. The company's net worth dipped by a decrease of 2.13%.

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
18.20%
Revenue from Operations
11.74%
Total Assets
-1.96%
Profit or Loss
-4.25%
Net Worth
-2.13%
EBITDA
10.20%

What is the Ownership and Shareholding Structure of Musigma Business Solutions?

In 2022, Musigma Business Solutions 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

₹6,810.03 M

Satisfied Charges

₹21,210.00 M

Charges Breakdown by Lending Institutions

  • Others : 681.00 Cr

Latest Charge Details

Date Lender Amount Status
29 Mar 2022 Others ₹681.00 Cr Open
28 May 2020 Idbi Trusteeship Services Limited ₹1,060.50 Cr Satisfied
28 May 2020 Others ₹1,060.50 Cr Satisfied

How Many Employees Work at Musigma Business Solutions?

Musigma Business Solutions has a workforce of 2554 employees as of Jul 07, 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 Musigma Business Solutions, 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 Musigma Business Solutions'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 Musigma Business Solutions

Recent activity within the organization

  • Annual General Meeting

    Musigma Business Solutions Private Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

    27 Sep 2024

  • Director Appointment

    Kumar Trikkur Narayanaswamy was appointed as a Additional Director was appointed as a Additional Director on 24 Apr 2024 & has been associated with this company since 9 months 10 days .

    24 Apr 2024

  • Balance Sheet

    Musigma Business Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Director Appointment

    Alokesh Das was appointed as a Director was appointed as a Director on 14 Apr 2023 & has been associated with this company since 1 year 9 months .

    14 Apr 2023

  • Charges

    A charge with Others amounted to Rs. 6,810.03 M with Charge ID 100555396 was registered on 29 Mar 2022.

    29 Mar 2022

  • Charges

    A charge registered on 28 May 2020 via Charge ID 100341929 with Idbi Trusteeship Services Limited was fully satisfied on 18 Feb 2022.

    18 Feb 2022

Recent News, Updates & Announcement

Frequently asked questions

  • Musigma Business Solutions Private Limited was incorporated on 13 May 2005.

  • The authorized share capital of Musigma Business Solutions Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.10 M.

  • Currently 3 directors are associated with Musigma Business Solutions Private Limited.

    • Dhiraj Rajaram Chidambaram
    • Kumar Trikkur Narayanaswamy
    • Alokesh Das
  • As per Ministry of Corporate Affairs (Mca), the registered address of Musigma Business Solutions Private Limited is Aviator Building Level 14 Ascend Itpl - Sez Zone Whitefield Ro Ad, India, Bangalore, Karnataka, 560066.

  • The corporate identification number (CIN) of Musigma Business Solutions Private Limited is U74140KA2005PTC036309 and the company number is 036309 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Musigma Business Solutions Private Limited is https://www.mu-sigma.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Musigma Business Solutions Private Limited has risen by 18.20%.

  • As Per 2023 financial reports, 2554 employees are currently employed by Musigma Business Solutions Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Musigma Business Solutions Private Limited has experienced an downturn of -2.13%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Musigma Business Solutions Private Limited amount to ₹ 681.00 Cr.

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