Task Initiatives Profile
Key Indicators
- Authorised Capital ₹ 2.50 M
- Paid Up Capital ₹ 0.50 M
- Company Age 28 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 8.74 M
- Revenue Growth 16.28%
- Profit Growth 28.96%
- Ebitda -5.88%
- Net Worth -23.05%
- Total Assets -21.17%
About Task Initiatives
Task Initiatives Private Limited (TIPL) is a Private Limited Indian Non-Government Company incorporated in India on 26 April 1996 and has a history of 28 years and nine months. Its registered office is in Ahmedabad, Gujarat, India.
The Corporate was formerly known as Task Placemark Consultants Private Limited. 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 2023. It's a company limited by shares with an authorized capital of Rs 2.50 M and a paid-up capital of Rs 0.50 M.
The company has closed loans amounting to ₹8.74 M, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Aditi Shukla, Mathew Chudukattil, Aaron Chudukattil, and One other member serve as directors at the Company.
Company Details
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Location
Ahmedabad, Gujarat, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U74140GJ1996PTC029480
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Company No.
029480
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
26 Apr 1996
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Ahmedabad
Industry
What products or services does Task Initiatives Private Limited offer?
Task Initiatives Private Limited offers a wide range of products and services, including Cold Storage Services, Industrial Advisory Services, Career Consultants, HR Outsourcing, Recruitment Outsourcing Services.
Who are the key members and board of directors at Task Initiatives?
Executive Team (1)
Name | Designation | Appointment Date | Status |
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Mathew Chudukattil
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Managing Director | 26-Apr-1996 | Current |
Board Members (3)
Name | Designation | Appointment Date | Status |
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Aditi Shukla
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Director | 15-Feb-2007 | Current |
Aaron Chudukattil
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Director | 04-Jun-2020 | Current |
Rual Chudukattil
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Director | 02-May-2024 | Current |
Financial Performance of Task Initiatives.
Task Initiatives Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 16.28% increase. The company also saw a substantial improvement in profitability, with a 28.96% increase in profit. The company's net worth observed a substantial decline by a decrease of 23.05%.
![Graph illustrating revenue growth over time](/Images/financial/revenue-growth.webp)
![Graph showing profit and loss trends over time](/Images/financial/profit-loss.webp)
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Task Initiatives?
In 2022, Task Initiatives had a public holding of 30.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
![Shareholding Indicator graph](/Images/tcc-login/Shareholding-Indiacator-1200.webp)
Charges (Loans)
₹0
₹8.74 M
Charges Breakdown by Lending Institutions
- Citi Bank Na : 0.50 Cr
- Citibank Na : 0.30 Cr
- Indusind Bank Limited : 0.07 Cr
Latest Charge Details
Date | Lender | Amount | Status |
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10 Dec 2008 | Citi Bank Na | ₹0.81 M | Satisfied |
29 Nov 2008 | Citi Bank Na | ₹4.19 M | Satisfied |
24 Aug 2007 | Citibank Na | ₹3.00 M | Satisfied |
22 Mar 2002 | Indusind Bank Limited | ₹0.74 M | Satisfied |
How Many Employees Work at Task Initiatives?
Unlock and access historical data on people associated with Task Initiatives, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
![Graph showing employee growth trends](/Images/tcc-login/Employee-Graph.webp)
Deals i
![Graph showing company valuation over time](/Images/tcc-login/Valuation-Graph-small.webp)
Gain comprehensive insights into the Deals and Valuation data of Task Initiatives, 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 Task Initiatives's trajectory.
Rating
![Graph displaying rating trends over time](/Images/tcc-login/Rating-Graph-small.webp)
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](/Images/tcc-login/Alert-Indicator-small.webp)
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.