About People Possible Foundation
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People Possible Foundation is a private not for profit company based in Ahmedabad, Gujarat, India. It operates in the social services and community development segment of the non-profit sector. It was incorporated on 30 March 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U85300GJ2017NPL096594.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Amit Dharmesh Somaiya and Ashok Purshottam Vithalani.
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 1 Indraprasth Business Park, Ahmedabad, Gujarat.
As per the financials filed for FY 2022, the company reported a revenue of ₹15.02 Lakh, a growth of 11% compared to the previous year. For the same year it recorded a net loss of ₹4.7 Lakh (net margin -31.3%) and EBITDA of -₹19.66 Lakh (EBITDA margin -130.9%). Revenue has grown at a compounded annual rate (CAGR) of 26% over three years.
The company is associated with 1 brand: IMS People Possible.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website imspeople.com.
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- TelephoneLocked
- Website
- Social Media
- Registered AddressGround Floor Shop No.1 Indraprasth Business Park Nr Dav School, Prahladnagar Extension Off S.G.Highway Makarba, Ahmedabad, Gujarat, India – 380051
- IndustryNon-Profit Organizations, Social Work
- 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
Financials of People Possible Foundation FY 2025 filings available
People Possible Foundation reported revenue of ₹15.02 Lakh (up 11% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR) of People Possible Foundation
Revenue has grown at a compounded annual rate (CAGR) of 26% over three years, including 11% growth 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 People Possible Foundation
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹15.02 Lakh | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹19.66 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹4.7 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 People Possible Foundation
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -130.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -31.3% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 People Possible Foundation are in the company report.
Financial statements from FY 2017
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.
Board of Directors of People Possible Foundation
People Possible Foundation has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amit Dharmesh Somaiya Also directs: Polad Finance Ltd, AAA IT Solutions Private Limited, Interactive Manpower Solutions Private Limited and 3 more | Director | 30 Mar 2017 | 9 Years 6 Months | Current |
| Ashok Purshottam Vithalani Also directs: Polad Finance Ltd, AAA IT Solutions Private Limited, Interactive Manpower Solutions Private Limited and 5 more | Director | 30 Mar 2017 | 9 Years 6 Months | Current |
| Dharmesh Bhimji Somaiya Also directs: Polad Finance Ltd, Polad Traders Private Limited, Sap Infotech Private Limited and 3 more | Director | 05 Nov 2019 | 6 Years 11 Months | Current |
Ownership and Shareholding of People Possible Foundation
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 People Possible Foundation
People Possible Foundation does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with People Possible Foundation
People Possible Foundation operates one associated brand: IMS People Possible. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers end-to-end offshore recruitment solutions for global staffing firms. | imspeople.com |
Employees and EPFO Compliance at People Possible Foundation
Employment history and EPFO contributions of people linked to People Possible Foundation.
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 People Possible Foundation
People Possible Foundation has 5 board changes on record since 2017: 3 appointments and 2 cessations. The latest: Dharmesh Bhimji Somaiya ceased to be Additional Director on 24 Dec 2020.
Credit Ratings, Litigation & Regulatory Alerts for People Possible Foundation
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 People Possible Foundation
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 People Possible Foundation
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 People Possible Foundation
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 People Possible Foundation
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 People Possible Foundation
People Possible Foundation is an active private not for profit company based in Ahmedabad, Gujarat, India. The company works in social work, within the non-profit organizations industry. It was incorporated on 30 March 2017 (9+ years old) and is registered under CIN U85300GJ2017NPL096594.
People Possible Foundation reported revenue of ₹15.02 Lakh for FY 2022 (up 11% YoY).
People Possible Foundation has 3 current directors:
- Amit Dharmesh Somaiya - Director
- Ashok Purshottam Vithalani - Director
- Dharmesh Bhimji Somaiya - Director
People Possible Foundation reported a net loss of ₹4.7 Lakh (net margin -31.3%) and EBITDA of -₹19.66 Lakh (EBITDA margin -130.9%) for FY 2022, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of People Possible Foundation is 26% over three years. In the latest year (FY 2022) revenue rose 11%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of People Possible Foundation is U85300GJ2017NPL096594. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
People Possible Foundation was incorporated on 30 March 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Dharmesh Bhimji Somaiya ceased to be Additional Director on 24 Dec 2020. Dharmesh Bhimji Somaiya was appointed as Director on 05 Nov 2019. Mit Somaiya Dharmeshbhai ceased to be Additional Director on 29 Sep 2018. People Possible Foundation has 5 board changes on record in total.
People Possible Foundation can be reached through the website imspeople.com. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of People Possible Foundation is at Ground Floor Shop No.1 Indraprasth Business Park Nr Dav School, Prahladnagar Extension Off S.G.Highway Makarba, Ahmedabad, Gujarat, India – 380051.