About People Connect Placements Private Limited
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People Connect Placements Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 23 May 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74920DL2003PTC120490. Its GSTIN is 09AADCP0893J1Z2 (Uttar Pradesh).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Babita Lalwani and Sarjeev Singh Sethi.
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 Bg – II/21 Blig Flats Paschim Vihar, New Delhi, Delhi, India – 110063.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.73 Cr, a decline of 26% compared to the previous year. For the same year it recorded a net profit of ₹31.86 Lakh (net margin 11.7%) and EBITDA of ₹47.91 Lakh (EBITDA margin 17.6%). Revenue has declined at a compounded annual rate (CAGR) of 19% over three years and 5% over five years.
As per MCA filings, the company has open charges of ₹24.96 Lakh on record. Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website people-connect.net.
Company details
Contact details
People Connect Placements Private Limited's registered office is in New Delhi, Delhi. Its website is people-connect.net. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressBg – II/21 Blig Flats Paschim Vihar, New Delhi, Delhi, India – 110063
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
To see the full contact details of People Connect Placements 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
Business activity
The main business activity of People Connect Placements is administrative and support service activities. In detail, this covers employment activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Administrative and support service activities | 78 | Employment activities |
To see the full business activity and turnover split of People Connect Placements Private Limited, buy the company report.
Financials of People Connect Placements Private Limited
FY 2025 filings availablePeople Connect Placements Private Limited reported revenue of ₹2.73 Cr (down 26% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 5% over five years, including a 26% fall in the latest year. EBITDA fell 42% 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 | ₹47.91 Lakh | ||||
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| Net Profit (PAT) | ₹31.86 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 | 17.6% | ||||
| Net Profit Margin | 11.7% | ||||
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To see the full financial statements and ratios of People Connect Placements Private Limited, buy the company report.
Board of directors of People Connect Placements Private Limited
People Connect Placements has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Babita Lalwani | Director | 23 May 2003 | 23 Years 5 Months | Current |
| Sarjeev Singh Sethi | Director | 23 May 2003 | 23 Years 5 Months | Current |
Auditor
People Connect Placements Private Limited is audited by CHHABRA PRASAD & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CHHABRA PRASAD & CO | FY 2019 | 016392N |
Shareholding
The shareholding of People Connect Placements Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of People Connect Placements Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Sep 2021 | 100500314 | Hdfc Bank Limited | ₹24.96 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
People Connect Placements Private Limited has 1 court case on record: 1 filed by People Connect Placements. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Allahabad High Court | Writ petition | Filed by the company against Uttar Pradesh Real Estate Regulatory Authority and Another and 1 other | Disposed |
To see the full case history of People Connect Placements 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 People Connect Placements Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
People Connect Placements has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AADCP0893J1Z2 | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of People Connect Placements Private Limited, buy the company report.
Recent activity
People Connect Placements Private Limited has 2 board changes on record since 2003: 2 appointments. The latest: Babita Lalwani was appointed as Director on 23 May 2003.
Frequently asked questions
People Connect Placements is an active private limited company based in New Delhi, Delhi, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 23 May 2003 (23+ years old) and is registered under CIN U74920DL2003PTC120490.
People Connect Placements has 2 current directors:
- Babita Lalwani - Director
- Sarjeev Singh Sethi - Director
The latest financial statements of People Connect Placements 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 People Connect Placements is 09AADCP0893J1Z2, registered in Uttar Pradesh.
The CIN (Corporate Identification Number) of People Connect Placements is U74920DL2003PTC120490. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
People Connect Placements has 1 court case on record: 1 filed by the company.
People Connect Placements was incorporated on 23 May 2003, making it 23+ years old. It is registered with the Registrar of Companies, Delhi.
Babita Lalwani was appointed as Director on 23 May 2003. Sarjeev Singh Sethi was appointed as Director on 23 May 2003.
People Connect Placements can be reached through the website people-connect.net. Its registered office is in New Delhi, Delhi, India.
The registered office of People Connect Placements is at Bg – II21 Blig Flats Paschim Vihar, New Delhi, Delhi, India – 110063.
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