People Combine Educational Initiatives Private Limited - Company Profile

It is a education private limited company based in Visakhapatnam, Andhra Pradesh, India, established in 2009.

2009 Visakhapatnam, Andhra Pradesh, India Amalgamated

Last Updated: July 23, 2025

About People Combine Educational Initiatives Private Limited

People Combine Educational Initiatives Private Limited, a amalgamated private limited company, was established on 10 October 2009 in Visakhapatnam, Andhra Pradesh, India. Engaging in edtech solutions within the education sector, it holds CIN: U80903AP2009PTC065412. Registered under ROC Roc Vijayawada. it is unlisted. It has an authorized capital of ₹102.78 Cr and a paid-up capital of ₹77.71 Cr.

Formerly known as People Combine Educational Initiatives Limited. It upholds a compliant status. Employing 38 professional, Its leadership includes George Ghantous (Director), Andrew Fitzmaurice (Director), Terry Leonard Creissen (Director). Past directors included Venkata Rama Krishna Prasad Dasari, Robert Morren Inch Walls, George Ghantous. It holds no open charges and ₹450.74 Cr settled loans. Its latest AGM occurred on 09 December 2020, with the balance sheet filed on 31 March 2020. It is based at D.No.8-1-97/1/8, Level 4, Block- B, Ninitaas High'S, Pedawaltair, Visakhapat, Nam, Visakhapatnam, Andhra Pradesh, 530017.

Company Details

CIN/LLPIN
U80903AP2009PTC065412
Registration Number
065412
Incorporation Date
10 October 2009
Authorized Capital
₹102.78 Cr
Paid-Up Capital
₹77.71 Cr
ROC Code
Roc Vijayawada
Listing Status
Unlisted
Company Status
Amalgamated

Key Metrics

Authorised Capital ₹ 102.78 Cr as on 23-07-2025
Paid Up Capital ₹ 77.71 Cr as on 23-07-2025
Company Age 16 Year, 3 Months
Last Filing with ROC 31 Mar 2020
Satisfied Charges ₹ 450.74 Cr as on 23-07-2025
Revenue Growth **** -8.25% (FY 2020)
Profit Growth **** 250.22% (FY 2020)
Ebitda **** -18.05% (FY 2020)
Net Worth 6.46% (FY 2020)
Total Assets **** 1.42% (FY 2020)

Comprehensive Company Insights

Explore comprehensive insights into People Combine Educational Initiatives Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at People Combine Educational Initiatives Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
George Ghantous	Director	18 Feb 2019	Current
Andrew Fitzmaurice	Director	18 Feb 2019	Current
Terry Leonard Creissen	Director	17 Oct 2019	Current
Neha Shah	Director	18 Feb 2019	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	31 Mar 2015	Past
Pramod Abcsdd	Additional Director	30 Sep 2019	Past
Pramod Abcsdd	Additional Director	30 Sep 2019	Past
Pramod Abcsdd	Additional Director	30 Sep 2019	Past
Pramod Abcsdd	Director	01 Nov 2011	Past
Pramod Abcsdd	Additional Director	09 Dec 2020	Past

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Financial Performance of People Combine Educational Initiatives.

People Combine Educational Initiatives Private Limited, for the financial year ended 2020, experienced Minor drop in revenue, with a 8.25% decrease. The company also saw a substantial improvement in profitability, with a 250.22% increase in profit. The company's net worth moved up by a moderate rise of 6.46%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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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

********

-8.25%

*******

Revenue from Operations

*******

-6.53%

*******

Total Assets

*******

1.42%

*******

Profit or Loss

*******

250.22%

*******

Net Worth

*******

6.46%

*******

EBITDA

*******

-18.05%

*******

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What is the Ownership and Shareholding Structure of People Combine Educational Initiatives?

In 2019, People Combine Educational Initiatives had a promoter holding of 86.00% and a public holding of 14.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹4,507,422,000.00

Charges Breakdown by Lending Institutions

Others : 316.30 Cr
Indian Bank : 107.70 Cr
Idbi Trusteeship Services Limited : 20.00 Cr
Axis Bank Limited : 6.50 Cr
Reliance Capital Ltd : 0.24 Cr

Latest Charge Details

Date	Lender	Amount	Status
11 Nov 2016	Others	₹155.00 Cr	Satisfied
11 Nov 2016	Others	₹155.00 Cr	Satisfied
19 Nov 2015	Others	₹6.30 Cr	Satisfied
26 Mar 2014	Indian Bank	₹9.75 Cr	Satisfied
26 Mar 2014	Indian Bank	₹40.00 Cr	Satisfied

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How Many Employees Work at People Combine Educational Initiatives?

People Combine Educational Initiatives has a workforce of 38 employees as of Apr 04, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of People Combine Educational 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 People Combine Educational Initiatives's trajectory.

Rating

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Alerts

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Latest Updates, News, and FAQs on People Combine Educational Initiatives

Recent Activity within the Organization

Annual General Meeting

The activity People Combine Educational Initiatives Private Limited last Annual general meeting of members was held on 09 Dec 2020 as per latest MCA records. was completed.
09 Dec 2020
Balance Sheet

Progress on People Combine Educational Initiatives Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Vijayawada. was documented.
31 Mar 2020
Director Appointment

The activity Terry Leonard Creissen was appointed as a Director was appointed as a Director on 17 Oct 2019 & has been associated with this company since 6 years 3 months . was completed.
17 Oct 2019
Director Appointment

Heena Anil Verma was appointed as a Company Secretary was appointed as a Company Secretary on 30 Sep 2019 & has been associated with this company since 6 years 4 months . was recorded as a recent event.
30 Sep 2019
Charges

A charge registered on 11 Nov 2016 via Charge ID 100082215 with Others was fully satisfied on 05 Mar 2019. was recorded as a recent event.
05 Mar 2019
Charges

A charge registered on 11 Nov 2016 via Charge ID 100081422 with Others was fully satisfied on 27 Feb 2019. was recorded as a recent event.
27 Feb 2019

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