Task Initiatives Private Limited

Provides consultancy services in recruitment, training, and research to corporates since 1996.

1996 | Ahmedabad, Gujarat (India) | Active
Last Updated: January 13, 2025

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

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74140GJ1996PTC029480

  • Company No.

    029480

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    26 Apr 1996

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Business Outsourcing

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
Mathew Chudukattil Country flag representing In Managing Director 26-Apr-1996 Current

Board Members (3)

Name Designation Appointment Date Status
Aditi Shukla Country flag representing In Director 15-Feb-2007 Current
Aaron Chudukattil Country flag representing In Director 04-Jun-2020 Current
Rual Chudukattil Country flag representing In 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
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
16.28%
Revenue from Operations
18.18%
Total Assets
-21.17%
Profit or Loss
28.96%
Net Worth
-23.05%
EBITDA
-5.88%

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

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹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
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

Deals i

Graph showing company valuation over time

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

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 Task Initiatives

Recent activity within the organization

  • Director Appointment

    Rual Mathew Chudukattil was appointed as a Director was appointed as a Director on 02 May 2024 & has been associated with this company since 9 months 10 days .

    02 May 2024

  • Annual General Meeting

    Task Initiatives Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Task Initiatives Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Director Appointment

    Aaron Mathew Chudukattil was appointed as a Director was appointed as a Director on 04 Jun 2020 & has been associated with this company since 4 years 8 months .

    04 Jun 2020

  • Charges

    A charge registered on 10 Dec 2008 via Charge ID 10133254 with Citi Bank Na was fully satisfied on 08 Apr 2013.

    08 Apr 2013

  • Charges

    A charge registered on 29 Nov 2008 via Charge ID 10131261 with Citi Bank Na was fully satisfied on 08 Apr 2013.

    08 Apr 2013

Frequently asked questions

  • Task Initiatives Private Limited was incorporated on 26 Apr 1996.

  • The authorized share capital of Task Initiatives Private Limited is ₹ 2.50 M and paid-up capital is ₹ 0.50 M.

  • Currently 4 directors are associated with Task Initiatives Private Limited.

    • Aditi Jagrut Shukla
    • Mathew Mathew Chudukattil
    • Aaron Mathew Chudukattil
    • Rual Mathew Chudukattil
  • As per Ministry of Corporate Affairs (Mca), the registered address of Task Initiatives Private Limited is Office No. 14 3Rd Floor Zodiac Square Opp. Gurudwara S.G. Highway Bodakdev, India, Ahmedabad, Gujarat, 380054.

  • The corporate identification number (CIN) of Task Initiatives Private Limited is U74140GJ1996PTC029480 and the company number is 029480 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Task Initiatives Private Limited is https://www.taskstaffing.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Task Initiatives Private Limited has risen by 16.28%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Task Initiatives Private Limited has experienced an downturn of -23.05%.

  • The most recent Balance Sheet for Task Initiatives Private Limited was filed with the ROC on 31 Mar 2023.

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