About Think People Solutions Private Limited
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Think People Solutions Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 07 June 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74910MH2005PTC153803. Its GSTIN is 27AACCT2697P1ZJ (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Hitesh Ashok Bhatia (Managing Director) and Rozina Chhotubhai Charania (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.14 Cr, a decline of 52% compared to the previous year. For the same year it recorded a net profit of ₹16.08 Lakh (net margin 3.9%) and EBITDA of ₹56.97 Lakh (EBITDA margin 13.8%). Revenue has declined at a compounded annual rate (CAGR) of 2% over three years and 10% over five years.
The company has about 8 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website thinkpeople.in.
Company details
Contact details
Think People Solutions Private Limited's registered office is in Mumbai, Maharashtra. Its website is thinkpeople.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address22 Lovedale Apt 6th Floor Minoo Desai Road Opp Fariyas Hotel Col, Aba, Mumbai, Maharashtra, India – 400005
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
To see the full contact details of Think People Solutions 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 Think People Solutions 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 Think People Solutions Private Limited, buy the company report.
Financials of Think People Solutions Private Limited
FY 2024 filings availableThink People Solutions Private Limited reported revenue of ₹4.14 Cr (down 52% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 10% over five years, including a 52% fall in the latest year. EBITDA fell 39% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹56.97 Lakh | ||||
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| Net Profit (PAT) | ₹16.08 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 13.8% | ||||
| Net Profit Margin | 3.9% | ||||
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To see the full financial statements and ratios of Think People Solutions Private Limited, buy the company report.
Board of directors of Think People Solutions Private Limited
Think People Solutions has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rozina Chhotubhai Charania Also directs: Joining Hands 2 Heal LLP | Whole-Time Director | 07 Jun 2005 | 21 Years 4 Months | Current |
| Hitesh Ashok Bhatia Also directs: Joining Hands 2 Heal LLP | Managing Director | 07 Jun 2005 | 21 Years 4 Months | Current |
| Rekha Bhatia Ashok | Whole-Time Director | 01 Apr 2010 | 16 Years 6 Months | Current |
Auditor
Think People Solutions Private Limited is audited by Viral Jain & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Viral Jain & Associates | FY 2023 | 135089W |
Shareholding
The shareholding of Think People Solutions 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
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| Domestic institutional investors (DII) | |||||
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| Others |
To see the full shareholding pattern of Think People Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Think People Solutions Private Limited 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 Think People Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Think People Solutions Private Limited has a workforce of 8 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
GST
Think People Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCT2697P1ZJ | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Think People Solutions Private Limited, buy the company report.
Recent activity
Think People Solutions Private Limited has 4 board changes on record since 2005: 3 appointments and 1 cessation. The latest: Barkat Chhotubhai Charania ceased to be Whole-Time Director on 26 Dec 2012.
Frequently asked questions
Think People Solutions is an active private limited company based in Mumbai, Maharashtra, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 07 June 2005 (21+ years old) and is registered under CIN U74910MH2005PTC153803.
Think People Solutions has 3 current directors:
- Hitesh Ashok Bhatia - Managing Director
- Rozina Chhotubhai Charania - Whole-Time Director
- Rekha Bhatia Ashok - Whole-Time Director
The latest financial statements of Think People Solutions on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Think People Solutions is 27AACCT2697P1ZJ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Think People Solutions is U74910MH2005PTC153803. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Think People Solutions was incorporated on 07 June 2005, making it 21+ years old. It is registered with the Registrar of Companies, Mumbai.
Barkat Chhotubhai Charania ceased to be Whole-Time Director on 26 Dec 2012. Rekha Bhatia Ashok was appointed as Whole-Time Director on 01 Apr 2010. Hitesh Ashok Bhatia was appointed as Managing Director on 07 Jun 2005. Think People Solutions has 4 board changes on record in total.
Think People Solutions can be reached through the website thinkpeople.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Think People Solutions is at 22 Lovedale Apt 6th Floor Minoo Desai Road Opp Fariyas Hotel Col, Aba, Mumbai, Maharashtra, India – 400005.
Think People Solutions operates in the business outsourcing industry, in the HR outsourcing and talent management segment.