Model Business Services Private Limited
About Model Business Services Private Limited
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Model Business Services Private Limited is a private limited company based in Faridabad, Haryana, India. It operates in the accounting and financial analysis segment of the business process outsourcing sector. It was incorporated on 14 March 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Haryana, under CIN U74999HR2018PTC073041. Its GSTIN is 06AALCM6889R1Z7 (Haryana). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sunanda Gupta and Ajay Gupta.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Faridabad, Haryana.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.26 Cr, a decline of 26% compared to the previous year. For the same year it recorded a net profit of ₹13.7 Lakh (net margin 3.2%) and EBITDA of ₹32.93 Lakh (EBITDA margin 7.7%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 10% over five years.
The company has about 10 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: iRapidO. Court records list 1 case involving the company, including 1 filed against it.
Company details
Contact details
Model Business Services Private Limited's registered office is in Faridabad, Haryana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressLower Ground I – 25 Phase – 1 Block – A, DLF Industrial Area Sector – 32, Faridabad, Haryana, India – 121003
- IndustryBusiness Outsourcing, Accounting and Financial Analysis
To see the full contact details of Model Business Services Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Model Business Services operates one associated brand: iRapidO. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides outsourcing services for finance, HR, IT, and customer engagement. | irapido.com |
Business activity
The main business activity of Model Business Services is professional, scientific and technical. In detail, this covers accounting, book keeping and auditing activities, tax consultancy.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M2 | Accounting, book keeping and auditing activities, tax consultancy |
To see the full business activity and turnover split of Model Business Services Private Limited, buy the company report.
Financials of Model Business Services Private Limited
FY 2025 filings availableModel Business Services Private Limited reported revenue of ₹4.26 Cr (down 26% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 26% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 10%. EBITDA rose 89% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹32.93 Lakh | ||||
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| Net Profit (PAT) | ₹13.7 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 7.7% | ||||
| Net Profit Margin | 3.2% | ||||
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To see the full financial statements and ratios of Model Business Services Private Limited, buy the company report.
Board of directors of Model Business Services Private Limited
Model Business Services has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sunanda Gupta | Director | 14 Mar 2018 | 8 Years 7 Months | Current |
| Ajay Gupta | Director | 14 Mar 2018 | 8 Years 7 Months | Current |
Auditor
Model Business Services Private Limited is audited by Upendra Kumar Dixit & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Upendra Kumar Dixit & Associates | FY 2023 | 520525 |
Shareholding
The shareholding of Model Business Services Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Model Business Services Private Limited, buy the company report.
Legal cases
Model Business Services Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Faridabad, Haryana | Court case (TRF) | Filed against the company by State of Haryana | Disposed |
To see the full case history of Model Business Services Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Model Business Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Model Business Services Private Limited has a workforce of 10 employees on its EPFO records as of Apr 05, 2024, across 2 active EPFO establishments.
GST
Model Business Services has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AALCM6889R1Z7 | Haryana | Active | 11 Jan 2022 |
To see the full GST registrations and return filing status of Model Business Services Private Limited, buy the company report.
Recent activity
Model Business Services Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Ajay Gupta was appointed as Director on 14 Mar 2018.
Frequently asked questions
Model Business Services is an active private limited company based in Faridabad, Haryana, India. The company works in accounting and financial analysis, within the business outsourcing industry. It was incorporated on 14 March 2018 (8+ years old) and is registered under CIN U74999HR2018PTC073041.
Model Business Services has 2 current directors:
- Sunanda Gupta - Director
- Ajay Gupta - Director
The latest financial statements of Model Business Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Model Business Services is 06AALCM6889R1Z7, registered in Haryana. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Model Business Services is U74999HR2018PTC073041. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Model Business Services has 1 court case on record: 1 filed against it.
Model Business Services was incorporated on 14 March 2018, making it 8+ years old. It is registered with the Registrar of Companies, Haryana.
Ajay Gupta was appointed as Director on 14 Mar 2018. Sunanda Gupta was appointed as Director on 14 Mar 2018.
The registered office of Model Business Services is at Lower Ground I – 25 Phase – 1 Block – A, DLF Industrial Area Sector – 32, Faridabad, Haryana, India – 121003.
Model Business Services operates in the business outsourcing industry, in the accounting and financial analysis segment.
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