People in Micro Finance
About People in Micro Finance
Data last updated:
People in Micro Finance is a private limited company based in Kolkata, West Bengal, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 11 July 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U93000WB2008PTC127417.
It is led by directors Suresh Kumar Yeedi and Rambabu Valavala.
Its last annual general meeting (AGM) was held on 29 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 57A Gurupada Halder Road P S Kalighat, Kolkata, West Bengal, India – 700026.
As per the financials filed for FY 2017, the company reported a revenue of ₹1.29 Lakh, a decline of 69% compared to the previous year. For the same year it recorded a net profit of ₹1,741 (net margin 1.3%) and EBITDA of ₹4,428 (EBITDA margin 3.4%).
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
People in Micro Finance's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address57A Gurupada Halder Road P S Kalighat, Kolkata, West Bengal, India – 700026
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of People in Micro Finance, 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
Financials of People in Micro Finance
FY 2023 filings availablePeople in Micro Finance reported revenue of ₹1.29 Lakh (down 69% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 69% in the latest year. EBITDA fell 97% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹1.29 Lakh | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹4,428 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹1,741 | ||
| 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
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 3.4% | ||
| Net Profit Margin | 1.3% | ||
| 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 | |||
To see the full financial statements and ratios of People in Micro Finance, buy the company report.
Board of directors of People in Micro Finance
People in Micro Finance has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suresh Kumar Yeedi | Additional Director | 02 Nov 2025 | 1 Years 0 Months | Current |
| Rambabu Valavala Also directs: Greenrising Agri Limited, Yeedi Payment Solution Limited | Additional Director | 02 Nov 2025 | 1 Years 0 Months | Current |
Auditor
People in Micro Finance is audited by A.K. CHAKRABARTY & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A.K. CHAKRABARTY & ASSOCIATES | FY 2017 | 308143E |
Shareholding
The shareholding of People in Micro Finance is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions and public shareholders.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public |
To see the full shareholding pattern of People in Micro Finance, buy the company report.
Legal cases
No court or tribunal cases involving People in Micro Finance 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 People in Micro Finance; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for People in Micro Finance; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
People in Micro Finance has 6 board changes on record since 2017: 4 appointments and 2 cessations. The latest: Rambabu Valavala was appointed as Additional Director on 02 Nov 2025.
Frequently asked questions
People in Micro Finance is an active private limited company based in Kolkata, West Bengal, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 11 July 2008 (18+ years old) and is registered under CIN U93000WB2008PTC127417.
People in Micro Finance has 2 current directors:
- Suresh Kumar Yeedi - Additional Director
- Rambabu Valavala - Additional Director
The latest financial statements of People in Micro Finance on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 29 September 2023. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of People in Micro Finance is U93000WB2008PTC127417. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
People in Micro Finance was incorporated on 11 July 2008, making it 18+ years old. It is registered with the Registrar of Companies, Kolkata.
Rambabu Valavala was appointed as Additional Director on 02 Nov 2025. Suresh Kumar Yeedi was appointed as Additional Director on 02 Nov 2025. Gitanjali Satapathy ceased to be Director on 11 Mar 2024. People in Micro Finance has 6 board changes on record in total.
The registered office of People in Micro Finance is at 57A Gurupada Halder Road P S Kalighat, Kolkata, West Bengal, India – 700026.
People in Micro Finance operates in the financial services industry, in the microfinance institutions segment.
The compliance status of People in Micro Finance is compliant as of 01 July 2026. The company is actively filing with the Registrar of Companies.
People in Micro Finance can be reached at its registered office: 57A Gurupada Halder Road P S Kalighat, Kolkata, West Bengal, India – 700026.
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