About Pegasus Properties Private Limited
Data last updated:
Pegasus Properties Private Limited is a foreign private limited company based in Pune, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 01 February 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U70102PN2007FTC129540. Its GSTIN is 23AAECP1420E1Z5 (Madhya Pradesh). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹210.26 Cr and a paid-up capital of ₹98.59 Cr. It is led by directors Manoj Praveenchandra Shah and Yogesh Yeshwant Bhave.
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 Pune, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹698.58 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹139.81 Cr (net margin 20%) and EBITDA of ₹175.46 Cr (EBITDA margin 25.1%). Revenue has grown at a compounded annual rate (CAGR) of 72% over three years and 31% over five years.
The company has about 242 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Megapolis. As per MCA filings, the company has open charges of ₹208.5 Cr and satisfied charges of ₹1,134.53 Cr on record. Court records list 9 cases involving the company, including 8 filed by the company and 1 filed against it; 4 cases are pending. The company has 10 deals on record (6 secondary share transfers, 2 funding rounds, 2 debt financings), with disclosed funding of ₹507.83 Cr; the latest was in March 2023. Its 10 peer companies in the Real Estate industry (Builders and Developers) are compared by revenue, 5 larger and 5 smaller; the largest is K P Advisors (Realty) Private Limited with revenue of ₹714.47 Cr. The company has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 19 overdue payments to 8 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website megapolis.co.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address2nd Floor Parmar House, 2413 East Street Camp, Pune, Maharashtra, India – 411001
- IndustryReal Estate and Construction, Real Estate Builders & Developers
- 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
Business Activity of Pegasus Properties Private Limited
The main business activity of Pegasus Properties is construction. In detail, this covers buildings.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F1 | Buildings | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Pegasus Properties Private Limited FY 2024 filings available
Pegasus Properties Private Limited reported revenue of ₹698.58 Cr (up 249% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Pegasus Properties Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 31% over five years, including 249% growth in the latest year. EBITDA rose 277% 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 Pegasus Properties Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹175.46 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹139.81 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 of Pegasus Properties Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 25.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 20% | •••• | •••• | •••• | •••• |
| 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 Pegasus Properties are in the company report.
Financial statements from 2015
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.
Peer Comparison of Pegasus Properties Private Limited
Pegasus Properties Private Limited is compared with the companies closest to it by revenue in the Real Estate industry (Builders and Developers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| K P Advisors (Realty) Private Limited | ₹714.47 Cr (FY 2025) | •••• | •••• | -11.0% | •••• | Ludhiana, Punjab, India |
| Paramhans Buildwel Private Limited | ₹713.24 Cr (FY 2025) | •••• | •••• | 21.0% | •••• | Gurugram, Haryana, India |
| Nanded City Development and Construction Company Limited | ₹704.17 Cr (FY 2025) | •••• | •••• | -18.0% | •••• | Pune, Maharashtra, India |
| Bellissimo Hi-Rise Builders Private Limited | ₹702.55 Cr (FY 2016) | •••• | •••• | 426.0% | •••• | Mumbai, Maharashtra, India |
| Real Gem Buildtech Private Limited | ₹700.45 Cr (FY 2025) | •••• | •••• | -33.0% | •••• | Mumbai, Maharashtra, India |
| Pegasus Properties Private Limited this company | ₹698.58 Cr (FY 2025) | •••• | •••• | 249.0% | •••• | Pune, Maharashtra, India |
| Brigade Tetrarch Private Limited | ₹698.18 Cr (FY 2025) | •••• | •••• | 5893.0% | •••• | Bangalore, Karnataka, India |
| Baashyaam Constructions Private Limited | ₹697.47 Cr (FY 2024) | •••• | •••• | 21.0% | •••• | Chennai, Tamil Nadu, India |
| Relcon Infraprojects Ltd. | ₹694.71 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Mumbai, Maharashtra, India |
| Arkade Developers Ltd | ₹694.6 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Mumbai, Maharashtra, India |
| Advance India Projects Limited | ₹694.34 Cr (FY 2024) | •••• | •••• | 24.0% | •••• | Gurugram, Haryana, India |
Peers are the five companies nearest above and the five nearest below Pegasus Properties by revenue in the Real Estate industry (Builders and Developers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Pegasus Properties Private Limited
Pegasus Properties Private Limited is audited by MSKA and Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MSKA and Associates | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors and KMP of Pegasus Properties Private Limited
Pegasus Properties Private Limited currently reports 2 directors and 1 key managerial person. 24 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manoj Praveenchandra Shah Also directs: Stonewise Realty Private Limited, Solidrise Realty Private Limited | Director | 20 Jun 2017 | 9 Years 3 Months | Current |
| Suneel Jagannath Kulkarni Also directs: Phenil Delta Infrastructure LLP | Ceo | 30 Mar 2020 | 6 Years 6 Months | Current |
| Yogesh Yeshwant Bhave Also directs: Stonewise Realty Private Limited, Solidrise Realty Private Limited, Kumar Properties and Developers LLP and 3 more | Director | 10 Feb 2023 | 3 Years 8 Months | Current |
Ownership and Shareholding of Pegasus Properties Private Limited
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 Pegasus Properties Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Jul 2025 | Others | ₹200 Cr | Open |
| 21 Jun 2025 | Hdfc Bank Limited | ₹4.4 Cr | Open |
| 19 Feb 2025 | Others | ₹2.6 Cr | Open |
| 29 Jul 2024 | Others | ₹1.5 Cr | Open |
| 05 Sep 2023 | Others | ₹105 Cr | Satisfied |
Total charge records: 20 View all charges
Deals & Funding of Pegasus Properties Private Limited
Pegasus Properties Private Limited has 10 deals on record (6 secondary share transfers, 2 funding rounds, 2 debt financings), with disclosed funding of ₹507.83 Cr; the latest was in March 2023.
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2023 | Debt financing | ₹225 Cr | Investors: Ask Property Investment Advisors |
| Nov 2022 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
| Sep 2018 | Debt financing | ₹199.5 Cr | Investors: Superior Investments Pte Limited, Sangria Real Estate Private Limited , Savoir Trustee Limited |
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: Pegasus Real Estate Private Limited Seller: Maharashtra Industrial Development Corporation, 2 individuals |
| Dec 2013 | Secondary share transfer | Undisclosed | Buyer: Pegasus Real Estate Private Limited Seller: Reco Maratha Pte Limited, Reco Poona Pte Limited |
Full deal history
All 10 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Pegasus Properties Private Limited
Pegasus Properties Private Limited has 9 court cases on record: 8 filed by Pegasus Properties, 1 filed against it. 4 cases are pending and 5 are disposed. Status as checked between 01 Oct 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 1 | 1 |
| District courts | 4 | 0 | 3 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed against the company by Maharashtra State Electricity Dist. Company Ltd | Pending |
| District court, Maharashtra Industrial and Lab, Maharashtra | Interim or miscellaneous application | Filed by the company against E. S. I. Corporation Pune | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
| Bombay High Court | Court case (CSP) | Filed by the company | Disposed |
Full case history
All 9 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
MSME Payment Delays by Pegasus Properties Private Limited
Pegasus Properties Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 19 overdue payments to 8 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 8)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Mohan Marble | •••• | •••• | •••• |
| Aquaproof & Anchoring System | •••• | •••• | •••• |
| Sanitary Park | •••• | •••• | •••• |
| Innovadoor Products Private Limited | •••• | •••• | •••• |
| Vyoma Graphics | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 1 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Pegasus Properties Private Limited
Pegasus Properties operates one associated brand: Megapolis. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Real estate development of residential projects and community services in Pune. | megapolis.co.in |
Employees and EPFO Compliance at Pegasus Properties Private Limited
Pegasus Properties Private Limited has a workforce of 242 employees as of Apr 04, 2024.
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 Pegasus Properties Private Limited
Pegasus Properties Private Limited has 24 board changes on record since 2008: 3 appointments and 21 cessations. The latest: Yogesh Yeshwant Bhave was appointed as Director on 10 Feb 2023.
55 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Pegasus Properties Private Limited
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.
Subsidiaries & Group Companies of Pegasus Properties Private Limited
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 Pegasus Properties Private Limited
Pegasus Properties has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAECP1420E1Z5 | Madhya Pradesh | Active | 01 Jul 2017 |
| 27AAECP1420E1ZX | Maharashtra | Active | 01 Jul 2017 |
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 Pegasus Properties Private Limited
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 Pegasus Properties Private Limited
Pegasus Properties is an active foreign private limited company based in Pune, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 01 February 2007 (19+ years old) and is registered under CIN U70102PN2007FTC129540.
Pegasus Properties reported revenue of ₹698.58 Cr for FY 2025 (up 249% YoY).
Pegasus Properties has 3 current directors and KMP:
- Manoj Praveenchandra Shah - Director
- Yogesh Yeshwant Bhave - Director
- Suneel Jagannath Kulkarni - Ceo
Pegasus Properties reported a net profit of ₹139.81 Cr (net margin 20%) and EBITDA of ₹175.46 Cr (EBITDA margin 25.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Pegasus Properties is 72% over three years and 31% over five years. In the latest year (FY 2025) revenue rose 249%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Pegasus Properties is 23AAECP1420E1Z5, registered in Madhya Pradesh. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 27AAECP1420E1ZX (Maharashtra).
The CIN (Corporate Identification Number) of Pegasus Properties is U70102PN2007FTC129540. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pegasus Properties has 9 court cases on record: 8 filed by the company and 1 filed against it. 4 are pending. Most are in the high courts.
Pegasus Properties was incorporated on 01 February 2007, making it 19+ years old. It is registered with the Registrar of Companies, Pune.
Pegasus Properties has 10 deals on record (6 secondary share transfers, 2 funding rounds, 2 debt financings), with disclosed funding of ₹507.83 Cr; the latest was in March 2023.
The peers of Pegasus Properties by revenue are K P Advisors (Realty) Private Limited, Paramhans Buildwel Private Limited, Nanded City Development and Construction Company Limited, Bellissimo Hi-Rise Builders Private Limited, Real Gem Buildtech Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Yogesh Yeshwant Bhave was appointed as Director on 10 Feb 2023. Amgothu Sri Ranga Naik ceased to be Additional Director on 30 Sep 2022. Yogesh Yeshwant Bhave ceased to be CFO on 30 Apr 2022. Pegasus Properties has 24 board changes on record in total.