Springpeople Software Private Limited

Springpeople Software Private Limited - education in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U72200KA2011PTC059149 Incorporated 15 June 2011 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company education MSME · Small
Data last updated
Revenue · FY 2024
₹39.58 Cr
▲ 5% YoY
Net profit · FY 2024
₹1.43 Cr
Net margin 3.6%
EBITDA · FY 2024
₹2.39 Cr
EBITDA margin 6%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹4.58 Cr
Satisfied ₹50 Lakh
Company age
15 yrs
Est. 2011
Employees · EPFO
54
Provident fund records

About Springpeople Software Private Limited

Data last updated:

Springpeople Software Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the corporate training and development segment of the education sector. It was incorporated on 15 June 2011 and has been in existence for over 15 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2011PTC059149. Its GSTIN is 29AAPCS9536F1ZO (Karnataka). The company holds 3 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1 Lakh. It is led by directors Peeush Bajpai and Shilpi Vatsa.

Its last annual general meeting (AGM) was held on 21 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No.212 Celstic Tower Green Glen Layout Bellandur, Bangalore, Karnataka, India – 560103.

As per the financials filed for FY 2024, the company reported a revenue of ₹39.58 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹1.43 Cr (net margin 3.6%) and EBITDA of ₹2.39 Cr (EBITDA margin 6%). Revenue has grown at a compounded annual rate (CAGR) of 38% over three years and 16% over five years.

The company has about 54 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: SpringPeople. As per MCA filings, the company has open charges of ₹4.58 Cr and satisfied charges of ₹50 Lakh on record. Court records list 6 cases involving the company, including 3 filed by the company and 3 filed against it; 5 cases are pending.

Springpeople Software Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0047343). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website springpeople.com.

Company details

CIN U72200KA2011PTC059149
Registration Number 059149
Incorporation Date 15 June 2011
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 21 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-03-0047343

Recognitions & Rankings of Springpeople Software

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-KR-03-0047343

Contact details

Springpeople Software Private Limited's registered office is in Bangalore, Karnataka. Its website is springpeople.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    No.212 Celstic Tower Green Glen Layout Bellandur, Bangalore, Karnataka, India – 560103
  • Industry
    Education, Corporate Training & Development

To see the full contact details of Springpeople Software Private Limited, buy the company report.

Comprehensive company report
Springpeople Software Private Limited - one report that includes everything
  • 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
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Brands

Springpeople Software operates one associated brand: SpringPeople. Each brand links to its own profile.

BrandDescriptionWebsite
Provides online courses and certifications in IT fields like AI and cloud computing.springpeople.com

Business activity

The main business activity of Springpeople Software is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
MProfessional, Scientific and TechnicalM9Other professional, scientific and technical activities

To see the full business activity and turnover split of Springpeople Software Private Limited, buy the company report.

Financials of Springpeople Software Private Limited

FY 2025 filings available

Springpeople Software Private Limited reported revenue of ₹39.58 Cr (up 5% YoY) for FY 2024.

Revenue · FY 2024
₹39.58 Cr ▲ 5%
Net profit · FY 2024
₹1.43 Cr margin 3.6%
EBITDA · FY 2024
₹2.39 Cr margin 6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 5%
3 years · compounded
▲ 38%
5 years · compounded
▲ 16%
EBITDA CAGR growth
1 year
▼ 20%
3 years · compounded
▲ 33%
5 years · compounded
▲ 23%

Revenue has grown at a compounded annual rate (CAGR) of 16% over five years, including 5% growth in the latest year. EBITDA fell 20% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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₹2.39 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1.43 Cr
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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin6%
Net Profit Margin3.6%
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 Springpeople Software Private Limited, buy the company report.

Board of directors of Springpeople Software Private Limited

Springpeople Software has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Peeush BajpaiDirector27 Oct 20205 Years 11 MonthsCurrent
Shilpi VatsaDirector15 Jun 201115 Years 4 MonthsCurrent

Auditor

Springpeople Software Private Limited is audited by ASR & CO for the financial year 2023.

Auditor firmFinancial yearFirm registration number
ASR & COFY 2023021247N

Shareholding

The shareholding of Springpeople Software Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Springpeople Software Private Limited, buy the company report.

Charges & borrowings

Open charges
₹4.58 Cr
Satisfied charges
₹50 Lakh
Breakdown by lending institutions
Others₹4.58 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
19 Nov 2025101192813Others₹4.58 CrOpen
29 Jun 2018100193600Hdfc Bank Limited₹50 LakhSatisfied

To see the full charge records of Springpeople Software Private Limited, buy the company report.

Total charge records: 2 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Springpeople Software Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Springpeople Software Private Limited has a workforce of 54 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.

Employee count
54
Active EPFO establishments
1

GST

Springpeople Software has 3 GST registrations: 1 active and 2 cancelled or inactive.

Total GSTINs
3
Active
1
Cancelled / inactive
2
GSTINStateStatusRegistered on
29AAPCS9536F1ZOKarnatakaActive01 Jul 2017

To see the full GST registrations and return filing status of Springpeople Software Private Limited, buy the company report.

Recent activity

Springpeople Software Private Limited has 5 board changes on record since 2011: 2 appointments and 3 cessations. The latest: Ravi Kaklasaria ceased to be Director on 14 Apr 2022.

Charges
A charge with Others amounted to Rs. 4.58 Cr with Charge ID 101192813 was registered on 19 Nov 2025.
AGM
Springpeople Software Private Limited last Annual general meeting of members was held on 21 Sep 2025 as per latest MCA records.
Filing
Springpeople Software Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge registered on 29 Jun 2018 via Charge ID 100193600 with Hdfc Bank Limited was fully satisfied on 25 May 2022.
Ceased
Ravi Kaklasaria ceased to be Director.
Ceased
Peeush Bajpai ceased to be Director.
Appointed
Peeush Bajpai was appointed as Director.
Ceased
Mrinal Bagaria ceased to be Additional Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.50 Cr with Charge ID 100193600 was registered on 29 Jun 2018.
Appointed
Shilpi Vatsa was appointed as Director.
Incorporation
15 Jun 2011
Springpeople Software Private Limited was registered on 15 Jun 2011 with Roc Bangalore & aged 15 years 4 months as per MCA records.

Frequently asked questions

Springpeople Software is an active private limited company based in Bangalore, Karnataka, India. The company works in corporate training and development, within the education industry. It was incorporated on 15 June 2011 (15+ years old) and is registered under CIN U72200KA2011PTC059149.

Springpeople Software has 2 current directors:

The latest financial statements of Springpeople Software on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 21 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Springpeople Software is 29AAPCS9536F1ZO, registered in Karnataka. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.

The CIN (Corporate Identification Number) of Springpeople Software is U72200KA2011PTC059149. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Springpeople Software has 6 court cases on record: 3 filed by the company and 3 filed against it. 5 are pending. Most are in the district courts.

Springpeople Software was incorporated on 15 June 2011, making it 15+ years old. It is registered with the Registrar of Companies, Bangalore.

Ravi Kaklasaria ceased to be Director on 14 Apr 2022. Peeush Bajpai ceased to be Director on 03 Nov 2020. Peeush Bajpai was appointed as Director on 27 Oct 2020. Springpeople Software has 5 board changes on record in total.

Yes, Springpeople Software is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0047343).

Springpeople Software can be reached through the website springpeople.com. Its registered office is in Bangalore, Karnataka, India.