MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0079516
Tagbox Solutions Private Limited - information technology in Bengaluru, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹2.83 Cr
▼ 63% YoY
Net loss · FY 2024
₹1.7 Cr
Net margin -60.1%
EBITDA · FY 2024
-₹1.46 Cr
EBITDA margin -51.6%
Authorised capital
₹77.44 Lakh
Registered with MCA
Paid-up capital
₹74.36 Lakh
Issued & subscribed
Open charges
₹1 Cr
Secured borrowings
Company age
10 yrs
Est. 2016
Employees · EPFO
24
Provident fund records
About Tagbox Solutions Private Limited
Data last updated:
Tagbox Solutions Private Limited is a private limited company based in Bengaluru, Karnataka, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 24 October 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2016PTC097344. Its GSTIN is 29AAFCT9839C1ZX (Karnataka).
The company has an authorised share capital of ₹77.44 Lakh and a paid-up capital of ₹74.36 Lakh. It is led by directors Adarsh Kumar and Saumitra Singh.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 3504/A 4th Floor 14th Main Road Hal 2nd Stage Indiranagar, Bengaluru, Karnataka, India – 560038.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.83 Cr, a decline of 63% compared to the previous year. For the same year it recorded a net loss of ₹1.7 Cr (net margin -60.1%) and EBITDA of -₹1.46 Cr (EBITDA margin -51.6%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 20% over five years.
The company has about 24 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: TagBox. As per MCA filings, the company has open charges of ₹1 Cr on record. The company has 5 deals on record (2 secondary share transfers, 2 funding rounds, 1 rights issue), with disclosed funding of ₹3.5 Cr; the latest was in September 2019. Its 8 peer companies in the same principal business activity (computer programming, consultancy and related activities) are compared by revenue, 4 larger and 4 smaller; the largest is Tracex Technologies Private Limited with revenue of ₹2.83 Cr.
Tagbox Solutions Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0079516). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website tagbox.in.
Company details
CIN U72900KA2016PTC097344
Registration Number 097344
Incorporation Date 24 October 2016
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-03-0079516
Key People
Adarsh Kumar Director Saumitra Singh Director Recognitions & Rankings of Tagbox Solutions
Contact details
Tagbox Solutions Private Limited's registered office is in Bengaluru, Karnataka. Its website is tagbox.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address3504/A 4th Floor 14th Main Road Hal 2nd Stage Indiranagar, Bengaluru, Karnataka, India – 560038
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Tagbox Solutions Private Limited, buy the company report.
Comprehensive company report
Tagbox Solutions Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Tagbox Solutions is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Tagbox Solutions Private Limited, buy the company report.
Financials of Tagbox Solutions Private Limited
FY 2024 filings availableTagbox Solutions Private Limited reported revenue of ₹2.83 Cr (down 63% YoY) for FY 2024.
Revenue · FY 2024
₹2.83 Cr ▼ 63%
Net loss · FY 2024
₹1.7 Cr margin -60.1%
EBITDA · FY 2024
-₹1.46 Cr margin -51.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 63%
3 years · compounded
▼ 6%
5 years · compounded
▲ 20%
EBITDA CAGR growth
1 year
▲ 58%
3 years · compounded
▼ 3%
5 years · compounded
▼ 62%
Revenue fell 63% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 20%. EBITDA rose 58% 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 | -₹1.46 Cr | ||||
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| Net Profit (PAT) | -₹1.7 Cr | ||||
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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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| Profitability | |||||
| EBITDA Margin | -51.6% | ||||
| Net Profit Margin | -60.1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Tagbox Solutions Private Limited, buy the company report.
Board of directors of Tagbox Solutions Private Limited
Tagbox Solutions has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Adarsh Kumar | Director | 24 Oct 2016 | 10 Years 0 Months | Current |
| Saumitra Singh | Director | 24 Oct 2016 | 10 Years 0 Months | Current |
Peer comparison
Tagbox Solutions Private Limited is compared with the 8 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Tracex Technologies Private Limited | ₹2.83 Cr (FY 2025) | 29.0% | Bangalore, Karnataka, India | |||
| Aquimo Sports Private Limited | ₹2.83 Cr (FY 2024) | 17.0% | Gurgaon, Haryana, India | |||
| Lucidit Private Limited | ₹2.83 Cr (FY 2025) | 21.0% | Pune, Maharashtra, India | |||
| Duality Robotics (India) Private Limited | ₹2.83 Cr (FY 2025) | 2.0% | Mumbai, Maharashtra, India | |||
| Tagbox Solutions Private Limitedthis company | ₹2.83 Cr (FY 2024) | -₹1.7 Cr | -60.1% | -63.0% | 24 | Bengaluru, Karnataka, India |
| VM Micro Solutions Private Limited | ₹2.83 Cr (FY 2024) | 0.0% | Bangalore, Karnataka, India | |||
| Piersoft Technologies Private Limited | ₹2.83 Cr (FY 2024) | -1.0% | Hyderabad, Telangana, India | |||
| Codetheory India Private Limited | ₹2.83 Cr (FY 2024) | 11.0% | Bangalore, Karnataka, India | |||
| Orion Data Compliance Solutions India Private Limited | ₹2.83 Cr (FY 2024) | -2.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Tagbox Solutions Private Limited, buy the company report.
Auditor
Tagbox Solutions Private Limited is audited by Vasanth & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Vasanth & Co. | FY 2023 | 008204S |
Shareholding
The shareholding of Tagbox Solutions 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 Tagbox Solutions Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Sep 2022 | 100620013 | Hdfc Bank Limited | ₹1 Cr | Open |
Total charge records: 1 View all charges
Deals & funding
Tagbox Solutions Private Limited has 5 deals on record (2 secondary share transfers, 2 funding rounds, 1 rights issue), with disclosed funding of ₹3.5 Cr; the latest was in September 2019.
Total deals
5
Secondary share transfers
2
Funding rounds
2
Rights issue
1
Disclosed funding
₹3.5 Cr
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2019 | Rights issue | ₹2.9 Lakh | Investors: 3 individuals |
| Apr 2019 | Funding round | ₹1.67 Cr | Investors: Indian Angel Network Fund, 3 individuals |
| Oct 2017 | Funding round | ₹1.83 Cr | Investors: Indian Angel Network Fund, 3 individuals |
| Jul 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jul 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Tagbox Solutions Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Tagbox Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Tagbox Solutions Private Limited has a workforce of 24 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
24
Active EPFO establishments
1
Employee growth
-25%
GST
Tagbox Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCT9839C1ZX | Karnataka | Active | 29 Jun 2017 |
To see the full GST registrations and return filing status of Tagbox Solutions Private Limited, buy the company report.
Recent activity
Tagbox Solutions Private Limited has 5 board changes on record since 2016: 2 appointments and 3 cessations. The latest: Narasimhan Rajesh ceased to be Additional Director on 27 Sep 2019.
AGM
Tagbox Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Tagbox Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 100.00 Lakh with Charge ID 100620013 was registered on 30 Sep 2022.
Ceased
Narasimhan Rajesh ceased to be Additional Director.
Ceased
Tan Poh Lin ceased to be Additional Director.
Ceased
Naveen Gupta ceased to be Director.
Appointed
Adarsh Kumar was appointed as Director.
Appointed
Saumitra Singh was appointed as Director.
Incorporation
24 Oct 2016
Tagbox Solutions Private Limited was registered on 24 Oct 2016 with Roc Bangalore & aged 10 years 1 day as per MCA records.
News
Frequently asked questions
Tagbox Solutions is an active private limited company based in Bengaluru, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 24 October 2016 (10+ years old) and is registered under CIN U72900KA2016PTC097344.
Tagbox Solutions has 2 current directors:
- Adarsh Kumar - Director
- Saumitra Singh - Director
The latest financial statements of Tagbox Solutions on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Tagbox Solutions is 29AAFCT9839C1ZX, registered in Karnataka.
The CIN (Corporate Identification Number) of Tagbox Solutions is U72900KA2016PTC097344. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tagbox Solutions was incorporated on 24 October 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
Tagbox Solutions has 5 deals on record (2 secondary share transfers, 2 funding rounds, 1 rights issue), with disclosed funding of ₹3.5 Cr; the latest was in September 2019.
The peers of Tagbox Solutions by revenue are Tracex Technologies Private Limited, Aquimo Sports Private Limited, Lucidit Private Limited, Duality Robotics (India) Private Limited, VM Micro Solutions Private Limited and 3 more, all in the same principal business activity (computer programming, consultancy and related activities).
Narasimhan Rajesh ceased to be Additional Director on 27 Sep 2019. Tan Poh Lin ceased to be Additional Director on 27 Sep 2019. Naveen Gupta ceased to be Director on 07 May 2019. Tagbox Solutions has 5 board changes on record in total.
Yes, Tagbox Solutions is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0079516).
Tagbox Solutions can be reached through the website tagbox.in. Its registered office is in Bengaluru, Karnataka, India.