About Task Initiatives Private Limited
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Task Initiatives Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 26 April 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74140GJ1996PTC029480. Its GSTIN is 24AABCT2199K1Z3 (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹5 Lakh. It was formerly known as Task Placemark Consultants Private Limited. It is led by directors including Mathew Mathew Chudukattil (Managing Director) and Aaron Mathew Chudukattil.
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 A – 307 Eastface Iskon – Ambli Road, Nr. S.P. Ring Road Ambli Ahmedabad, Gujarat, India – 380058.
As per the financials filed for FY 2025, the company reported a revenue of ₹19.23 Lakh, a decline of 18% compared to the previous year. For the same year it recorded a net loss of ₹60.79 Lakh (net margin -316.2%) and EBITDA of -₹40.28 Lakh (EBITDA margin -209.5%). Revenue has declined at a compounded annual rate (CAGR) of 16% over three years and 7% over five years.
The company is associated with 2 brands: Task Initiatives and Task Staffing. As per MCA filings, the company has satisfied charges of ₹87.36 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website taskstaffing.com.
Company details
Contact details
Task Initiatives Private Limited's registered office is in Ahmedabad, Gujarat. Its website is taskstaffing.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressA – 307 Eastface Iskon – Ambli Road, Nr. S.P. Ring Road Ambli Ahmedabad, Gujarat, India – 380058
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
To see the full contact details of Task Initiatives 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
Task Initiatives operates two associated brands: Task Initiatives and Task Staffing. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers HR consulting, training, skilling, and web development for SMEs and enterprises. | taskinitiatives.com | |
| Offers recruitment, staffing, consulting, and training services for businesses. | taskstaffing.com |
Business activity
The main business activity of Task Initiatives is professional, scientific and technical. In detail, this covers management consultancy activities and other professional, scientific and technical activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M3 | Management consultancy activities | |
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Task Initiatives Private Limited, buy the company report.
Financials of Task Initiatives Private Limited
FY 2025 filings availableTask Initiatives Private Limited reported revenue of ₹19.23 Lakh (down 18% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 7% over five years, including a 18% fall in the latest year. EBITDA fell 114% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹40.28 Lakh | ||||
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| Net Profit (PAT) | -₹60.79 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | -209.5% | ||||
| Net Profit Margin | -316.2% | ||||
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To see the full financial statements and ratios of Task Initiatives Private Limited, buy the company report.
Board of directors of Task Initiatives Private Limited
Task Initiatives has 4 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mathew Mathew Chudukattil Also directs: Task Staffing Solutions Private Limited | Managing Director | 26 Apr 1996 | 30 Years 6 Months | Current |
| Aaron Mathew Chudukattil Also directs: Task Staffing Solutions Private Limited | Director | 04 Jun 2020 | 6 Years 4 Months | Current |
| Rual Mathew Chudukattil | Director | 29 Apr 2024 | 2 Years 6 Months | Current |
| Aditi Jagrut Shukla Also directs: Task Staffing Solutions Private Limited | Director | 15 Feb 2007 | 19 Years 8 Months | Current |
Auditor
Task Initiatives Private Limited is audited by Ashish Sharma for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Ashish Sharma | FY 2023 | 142788 |
Shareholding
The shareholding of Task Initiatives Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Task Initiatives Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Dec 2008 | 10133254 | Citi Bank Na | ₹8.1 Lakh | Satisfied | |
| 29 Nov 2008 | 10131261 | Citi Bank Na | ₹41.9 Lakh | Satisfied | |
| 24 Aug 2007 | 10063711 | Citibank Na | ₹30 Lakh | Satisfied | |
| 22 Mar 2002 | 90096768 | Indusind Bank Limited | ₹7.36 Lakh | Satisfied |
To see the full charge records of Task Initiatives Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
No court or tribunal cases involving Task Initiatives 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
Task Initiatives Private Limited has 2 MSME Form 1 returns on record for the period ending Sep 2020, listing 7 overdue payments to 2 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Shukun Builders Private Limited | |||
| Shah Dhandharia & Co |
To see the full MSME payment records of Task Initiatives Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Task Initiatives has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCT2199K1Z3 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Task Initiatives Private Limited, buy the company report.
Recent activity
Task Initiatives Private Limited has 9 board changes on record since 1996: 4 appointments and 5 cessations. The latest: Rual Mathew Chudukattil ceased to be Additional Director on 29 Sep 2024.
8 earlier events are in the company report.
Frequently asked questions
Task Initiatives is an active private limited company based in Ahmedabad, Gujarat, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 26 April 1996 (30+ years old) and is registered under CIN U74140GJ1996PTC029480.
Task Initiatives has 4 current directors:
- Mathew Mathew Chudukattil - Managing Director
- Aaron Mathew Chudukattil - Director
- Rual Mathew Chudukattil - Director
- Aditi Jagrut Shukla - Director
The latest financial statements of Task Initiatives 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 2015 are in the company report.
The GSTIN of Task Initiatives is 24AABCT2199K1Z3, registered in Gujarat. 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 Task Initiatives is U74140GJ1996PTC029480. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Task Initiatives was incorporated on 26 April 1996, making it 30+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Rual Mathew Chudukattil ceased to be Additional Director on 29 Sep 2024. Rual Mathew Chudukattil was appointed as Director on 29 Apr 2024. Aaron Mathew Chudukattil ceased to be Additional Director on 23 Nov 2020. Task Initiatives has 9 board changes on record in total.
Task Initiatives has 2 MSME Form 1 returns on record for the period ending Sep 2020, listing 7 overdue payments to 2 micro and small suppliers. The latest return was filed on 02 Dec 2020.
Task Initiatives can be reached through the website taskstaffing.com. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Task Initiatives is at A – 307 Eastface Iskon – Ambli Road, Nr. S.P. Ring Road Ambli Ahmedabad, Gujarat, India – 380058.
Task Initiatives operates in the business outsourcing industry, in the HR outsourcing and talent management segment.
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