About Pegasus Assets Reconstruction Private Limited
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Pegasus Assets Reconstruction Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the asset reconstruction firms segment of the financial services sector. It was incorporated on 20 January 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65999MH2004PTC144113. Its GSTIN is 27AADCP3334Q1Z0 (Maharashtra). The company holds 7 GST registrations, of which 6 are active.
The company has an authorised share capital of ₹75 Cr and a paid-up capital of ₹66.83 Cr. It was formerly known as Odyssey Asset Reconstruction Private Limited and Odyssey Asset Reconstruction Private Limited). It is led by directors including Kishore Srinivasan (Managing Director) and Haridas Koothur Veettil.
Its last annual general meeting (AGM) was held on 16 June 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 507 Dalamal Housejamnalal Bajaj Marg Nariman Point, Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2026, the company reported a revenue of ₹86.62 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹31.84 Cr (net margin 36.8%) and EBITDA of ₹46.17 Cr (EBITDA margin 53.3%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 14% over five years.
The company has about 49 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Pegasus Assets Reconstruction. As per MCA filings, the company has open charges of ₹50 Cr on record. Court records list 751 cases involving the company, including 448 filed by the company and 304 filed against it; 144 cases are pending. The company has 12 deals on record (6 funding rounds, 6 secondary share transfers), with disclosed funding of ₹88.36 Cr; the latest was in January 2025. Its 8 peer companies in the BFSI industry (Asset Reconstruction Companies), with the same principal business activity (other financial activities) are compared by revenue, 4 larger and 4 smaller; the largest is Omkara Assets Reconstruction Private Limited with revenue of ₹243.2 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website pegasus-arc.com.
Company details
Name history
Pegasus Assets Reconstruction has undergone 2 name changes throughout its history. The company was previously known as Odyssey Asset Reconstruction Private Limited, and Odyssey Asset Reconstruction Private Limited). The current legal name is Pegasus Assets Reconstruction Private Limited.
| Company Name | Status |
|---|---|
| Pegasus Assets Reconstruction Private Limited | Current |
| Odyssey Asset Reconstruction Private Limited | Previous |
| Odyssey Asset Reconstruction Private Limited) | Previous |
Contact details
Pegasus Assets Reconstruction Private Limited's registered office is in Mumbai, Maharashtra. Its website is pegasus-arc.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address507 Dalamal Housejamnalal Bajaj Marg Nariman Point, Mumbai, Maharashtra, India – 400021
- IndustryFinancial Services, Asset Reconstruction Firms
To see the full contact details of Pegasus Assets Reconstruction 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
Brands
Pegasus Assets Reconstruction operates one associated brand: Pegasus Assets Reconstruction. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Investment banking services are provided in Mumbai, India. | pegasus-arc.com |
Business activity
The main business activity of Pegasus Assets Reconstruction is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Pegasus Assets Reconstruction Private Limited, buy the company report.
Financials of Pegasus Assets Reconstruction Private Limited
FY 2025 filings availablePegasus Assets Reconstruction Private Limited reported revenue of ₹86.62 Cr (up 7% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 14% over five years, including 7% growth in the latest year. EBITDA rose 11% 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| EBITDA | ₹46.17 Cr | ||||
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| Net Profit (PAT) | ₹31.84 Cr | ||||
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Financial Ratios
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 53.3% | ||||
| Net Profit Margin | 36.8% | ||||
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To see the full financial statements and ratios of Pegasus Assets Reconstruction Private Limited, buy the company report.
Board of directors of Pegasus Assets Reconstruction Private Limited
Pegasus Assets Reconstruction has 6 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Haridas Koothur Veettil | Director | 05 Feb 2025 | 1 Years 8 Months | Current |
| Amitabh Verma | Additional Director | 12 Nov 2025 | 0 Years 11 Months | Current |
| Sadashiv Srinivas Rao | Director | 05 Feb 2025 | 1 Years 8 Months | Current |
| Rajesh Ratanlal Laddha | Director | 22 Sep 2023 | 3 Years 1 Months | Current |
| Vivekanand Heroor Kamath Also directs: Garware Hi-Tech Films Limited | Director | 05 Feb 2025 | 1 Years 8 Months | Current |
| Kishore Srinivasan | Managing Director | 06 Oct 2020 | 6 Years 0 Months | Current |
Peer comparison
Pegasus Assets Reconstruction Private Limited is compared with the 8 companies closest to it by revenue in the BFSI industry (Asset Reconstruction Companies), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Omkara Assets Reconstruction Private Limited | ₹243.2 Cr (FY 2024) | 20.0% | Tirupur, Tamil Nadu, India | |||
| Prudent Arc Limited | ₹234.63 Cr (FY 2025) | 405.0% | New Delhi, Delhi, India | |||
| Asrec (India) Limited | ₹103.9 Cr (FY 2025) | 33.0% | Andheri Kurla Road, Maharashtra, India | |||
| Pegasus Assets Reconstruction Private Limitedthis company | ₹86.62 Cr (FY 2026) | ₹31.84 Cr | 36.8% | 7.0% | 49 | Mumbai, Maharashtra, India |
| Rare Asset Reconstruction Limited | ₹84.42 Cr (FY 2025) | 29.0% | Ahmedabad, Gujarat, India | |||
| Reliance Asset Reconstruction Company Limited | ₹79.4 Cr (FY 2025) | 9.0% | Mumbai, Maharashtra, India | |||
| International Asset Reconstruction Company Private Limited | ₹64.91 Cr (FY 2025) | 1371.0% | New Delhi, Delhi, India | |||
| Encore Asset Reconstruction Company Private Limited | ₹61.62 Cr (FY 2025) | 50.0% | New Delhi, Delhi, India | |||
| Paladin Consultancy Private Limited | ₹37.81 Cr (FY 2025) | -75.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Pegasus Assets Reconstruction Private Limited, buy the company report.
Auditor
Pegasus Assets Reconstruction Private Limited is audited by Ramesh M. Sheth & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Ramesh M. Sheth & Associates | FY 2023 | 101598 |
Shareholding
The shareholding of Pegasus Assets Reconstruction 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 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Pegasus Assets Reconstruction Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Dec 2019 | 100317080 | Others | ₹50 Cr | Open |
Total charge records: 1 View all charges
Deals & funding
Pegasus Assets Reconstruction Private Limited has 12 deals on record (6 funding rounds, 6 secondary share transfers), with disclosed funding of ₹88.36 Cr; the latest was in January 2025.
Deals on record (5 of 12)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2025 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: an individual |
| Oct 2022 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Apr 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Dec 2013 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
| Jun 2008 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
To see the full deal history of Pegasus Assets Reconstruction Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Pegasus Assets Reconstruction Private Limited has 751 court cases on record: 448 filed by Pegasus Assets Reconstruction, 304 filed against it. 144 cases are pending and 607 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 405 | 67 | 55 |
| High courts | 232 | 152 | 49 |
| NCLAT | 79 | 68 | 35 |
| Supreme Court | 21 | 12 | 4 |
| NCLT | 14 | 5 | 1 |
Cases on record (5 of 751)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Jharkhand | Writ petition | Filed against the company by M/S Subidhi Cold Storage Pvt. Ltd. Thro Its Authorized Signatory Praveen Kumar Jain | Pending |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by Decode Resolvency International Private Limited | Pending |
| High Court of Jharkhand | Writ petition | Filed against the company by M/S Subidhi Cold Storage Private Limited, Through Its Authorized Signatory Praveen Kumar Jain | Disposed |
| High Court of Delhi | Writ petition | Filed against the company by M/S Ashok Sharma and Associates Pvt. Ltd. & Anr. | Disposed |
| High Court of Delhi | Writ petition | Filed against the company by M/S LPR Company Pvt. Ltd. & Anr. | Disposed |
To see the full case history of Pegasus Assets Reconstruction 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.
Credit ratings & regulatory alerts
Pegasus Assets Reconstruction Private Limited was last rated by Icra on 20 Aug 2019.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 20 Aug 2019 |
To see the full credit ratings and regulatory alerts of Pegasus Assets Reconstruction Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Pegasus Assets Reconstruction Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Pegasus Assets Reconstruction Private Limited has a workforce of 49 employees on its EPFO records as of Mar 23, 2024, across 1 active EPFO establishment.
GST
Pegasus Assets Reconstruction has 7 GST registrations: 6 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCP3334Q1Z0 | Maharashtra | Active | 01 Jul 2017 |
| 32AADCP3334Q1Z9 | Kerala | Active | 29 Aug 2024 |
| 33AADCP3334Q1Z7 | Tamil Nadu | Active | 08 Sep 2024 |
| 07AADCP3334Q2Z1 | Delhi | Active | 11 Sep 2024 |
To see the full GST registrations and return filing status of Pegasus Assets Reconstruction Private Limited, buy the company report.
Recent activity
Pegasus Assets Reconstruction Private Limited has 21 board changes on record since 2007: 6 appointments and 15 cessations. The latest: Amitabh Verma was appointed as Additional Director on 12 Nov 2025.
13 earlier events are in the company report.
Frequently asked questions
Pegasus Assets Reconstruction is an active private limited company based in Mumbai, Maharashtra, India. The company works in asset reconstruction firms, within the financial services industry. It was incorporated on 20 January 2004 (22+ years old) and is registered under CIN U65999MH2004PTC144113.
Pegasus Assets Reconstruction has 6 current directors:
- Kishore Srinivasan - Managing Director
- Haridas Koothur Veettil - Director
- Amitabh Verma - Additional Director
- Sadashiv Srinivas Rao - Director
- Rajesh Ratanlal Laddha - Director
- Vivekanand Heroor Kamath - Director
The latest financial statements of Pegasus Assets Reconstruction on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 16 June 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Pegasus Assets Reconstruction is 27AADCP3334Q1Z0, registered in Maharashtra. The company has 7 GST registrations in all, of which 6 are active and 1 is cancelled or inactive. Other active GSTINs include 32AADCP3334Q1Z9 (Kerala), 33AADCP3334Q1Z7 (Tamil Nadu), 07AADCP3334Q2Z1 (Delhi).
The CIN (Corporate Identification Number) of Pegasus Assets Reconstruction is U65999MH2004PTC144113. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pegasus Assets Reconstruction has 751 court cases on record: 448 filed by the company and 304 filed against it. 144 are pending. Most are in the district courts.
Pegasus Assets Reconstruction was incorporated on 20 January 2004, making it 22+ years old. It is registered with the Registrar of Companies, Mumbai.
Pegasus Assets Reconstruction has 12 deals on record (6 funding rounds, 6 secondary share transfers), with disclosed funding of ₹88.36 Cr; the latest was in January 2025.
The peers of Pegasus Assets Reconstruction by revenue are Omkara Assets Reconstruction Private Limited, Prudent Arc Limited, Asrec (India) Limited, Rare Asset Reconstruction Limited, Reliance Asset Reconstruction Company Limited and 3 more, all in the BFSI industry (Asset Reconstruction Companies), with the same principal business activity (other financial activities).
Amitabh Verma was appointed as Additional Director on 12 Nov 2025. Surender Tuteja Kumar ceased to be Director on 06 Feb 2025. Haridas Koothur Veettil was appointed as Director on 05 Feb 2025. Pegasus Assets Reconstruction has 21 board changes on record in total.
Pegasus Assets Reconstruction can be reached through the website pegasus-arc.com. Its registered office is in Mumbai, Maharashtra, India.