About Project People Services Private Limited
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Project People Services Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Kingsview Investments Limited. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 28 July 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74140KA2003PTC032327. Its GSTIN is 29AADCP0031A1Z5 (Karnataka).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Pradeep Nair and Savita Jayantilal Koria.
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 No.13 Plot No. 28 / B 4th Cross 2nd A Main Electronic City Hosur Road, Bangalore, Karnataka, India – 560100.
As per the financials filed for FY 2024, the company reported a revenue of ₹8.66 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹93.51 Lakh (net margin 10.8%) and EBITDA of ₹1.13 Cr (EBITDA margin 13.1%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 4% over five years.
The company has about 92 employees on its provident fund (EPFO) records.
The company has 2 deals on record (2 secondary share transfers); the latest was in March 2006. Its 10 peer companies in the Outsourcing industry (Diversified BPO, IT Consulting and Services) are compared by revenue, 5 larger and 5 smaller; the largest is Essencea Infoserv Private Limited with revenue of ₹8.67 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website projectpeople.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressNo.13 Plot No. 28 / B 4th Cross 2nd A Main Electronic City Hosur Road, Bangalore, Karnataka, India – 560100
- IndustryInformation Technology, IT Consulting & Support Services
- 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
- One PDF report, delivered after checkout
Business Activity of Project People Services Private Limited
The main business activity of Project People Services is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Project People Services Private Limited FY 2025 filings available
Project People Services Private Limited reported revenue of ₹8.66 Cr (up 5% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Project People Services Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 4% over five years, including 5% growth in the latest year. EBITDA rose 4% 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 of Project People Services Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹1.13 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹93.51 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Project People Services Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 10.8% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Project People Services are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Project People Services Private Limited
Project People Services Private Limited is compared with the companies closest to it by revenue in the Outsourcing industry (Diversified BPO, IT Consulting and Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Essencea Infoserv Private Limited | ₹8.67 Cr (FY 2023) | •••• | •••• | 171.0% | •••• | Hyderabad, Telangana, India |
| Cosmogenic IT Solutions Private Limited | ₹8.67 Cr (FY 2024) | •••• | •••• | 16.0% | •••• | Bangalore, Karnataka, India |
| Signiwis Technologies Private Limited | ₹8.66 Cr (FY 2024) | •••• | •••• | 16.0% | •••• | Bangalore, Karnataka, India |
| Pramati Technologies Private Limited | ₹8.66 Cr (FY 2025) | •••• | •••• | -99.0% | •••• | Mumbai, Maharashtra, India |
| Da Vinci Laboratory Solutions India Private Limited | ₹8.66 Cr (FY 2025) | •••• | •••• | 30.0% | •••• | Thane, Maharashtra, India |
| Project People Services Private Limited this company | ₹8.66 Cr (FY 2024) | •••• | •••• | 5.0% | •••• | Bangalore, Karnataka, India |
| I-Cube Systems Private Limited | ₹8.65 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Noida, Uttar Pradesh, India |
| Due Factory Services Private Limited | ₹8.65 Cr (FY 2025) | •••• | •••• | 224.0% | •••• | Haryana, India |
| Sundaram BPO India Limited | ₹8.65 Cr (FY 2018) | •••• | •••• | -49.0% | •••• | Chennai, Tamil Nadu, India |
| Jastech Infosystems Private Limited | ₹8.65 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | New Delhi, Delhi, India |
| Opsio Private Limited | ₹8.65 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Project People Services by revenue in the Outsourcing industry (Diversified BPO, IT Consulting and Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Project People Services Private Limited
Project People Services Private Limited is audited by VASANTH AND CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| VASANTH AND CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Project People Services Private Limited
Project People Services has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pradeep Nair | Director | 14 Dec 2015 | 10 Years 9 Months | Current |
| Savita Jayantilal Koria | Director | 16 Feb 2004 | 22 Years 7 Months | Current |
| Jayantilal Govind Koria | Director | 16 Feb 2004 | 22 Years 7 Months | Current |
Ownership and Shareholding of Project People Services Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Project People Services Private Limited
Project People Services Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Project People Services Private Limited
Project People Services Private Limited has 2 deals on record (2 secondary share transfers); the latest was in March 2006.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2006 | Secondary share transfer | Undisclosed | Buyer: Kingsview Investments Limited Seller: an individual |
| Feb 2004 | Secondary share transfer | Undisclosed | Buyer: Kingsview Investments Limited Seller: an individual |
Full deal history
All 2 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Employees and EPFO Compliance at Project People Services Private Limited
Project People Services Private Limited has a workforce of 92 employees as of Mar 29, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Project People Services Private Limited
Project People Services Private Limited has 4 board changes on record since 2004: 3 appointments and 1 cessation. The latest: Pradeep Nair ceased to be Additional Director on 30 Sep 2016.
Credit Ratings, Litigation & Regulatory Alerts for Project People Services Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Project People Services Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Project People Services Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Project People Services Private Limited
Project People Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCP0031A1Z5 | Karnataka | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Project People Services Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Project People Services Private Limited
Project People Services is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 28 July 2003 (23+ years old) and is registered under CIN U74140KA2003PTC032327.
Project People Services reported revenue of ₹8.66 Cr for FY 2024 (up 5% YoY).
Project People Services has 3 current directors:
- Pradeep Nair - Director
- Savita Jayantilal Koria - Director
- Jayantilal Govind Koria - Director
Project People Services reported a net profit of ₹93.51 Lakh (net margin 10.8%) and EBITDA of ₹1.13 Cr (EBITDA margin 13.1%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Project People Services is 10% over three years and 4% over five years. In the latest year (FY 2024) revenue rose 5%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Project People Services is 29AADCP0031A1Z5, registered in Karnataka.
The CIN (Corporate Identification Number) of Project People Services is U74140KA2003PTC032327. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Project People Services was incorporated on 28 July 2003, making it 23+ years old. It is registered with the Registrar of Companies, Bangalore.
Project People Services has 2 deals on record (2 secondary share transfers); the latest was in March 2006.
The peers of Project People Services by revenue are Essencea Infoserv Private Limited, Cosmogenic IT Solutions Private Limited, Signiwis Technologies Private Limited, Pramati Technologies Private Limited, Da Vinci Laboratory Solutions India Private Limited and 5 more, all in the Outsourcing industry (Diversified BPO, IT Consulting and Services).
Pradeep Nair ceased to be Additional Director on 30 Sep 2016. Pradeep Nair was appointed as Director on 14 Dec 2015. Jayantilal Govind Koria was appointed as Director on 16 Feb 2004. Project People Services has 4 board changes on record in total.