Pegasys Cloud Solutions Private Limited
About Pegasys Cloud Solutions Private Limited
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Pegasys Cloud Solutions Private Limited is a foreign private limited company based in Surat, Gujarat, India, a subsidiary of Pegasys Cloud Solutions Llc. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 23 November 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72200GJ2018FTC105282. Its GSTIN is 24AAKCP2130R1Z5 (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Shyamkumar Kishorbhai Sutariya and Sagar Labhubhai Kajavadra.
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 Surat, Gujarat.
As per the financials filed for FY 2024, the company reported a revenue of ₹15.81 Lakh, a decline of 76% compared to the previous year. For the same year it recorded a net loss of ₹10.3 Lakh (net margin -65.1%) and EBITDA of -₹10.3 Lakh (EBITDA margin -65.1%). Revenue has declined at a compounded annual rate (CAGR) of 38% over three years.
Company details
Contact details
Pegasys Cloud Solutions Private Limited's registered office is in Surat, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address609 Kyros Business Centre, Block No. 119/A/1 Tp No. 22 Fp No. 7, Surat, Gujarat, India – 395013
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Pegasys Cloud 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 Pegasys Cloud Solutions is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Pegasys Cloud Solutions Private Limited, buy the company report.
Financials of Pegasys Cloud Solutions Private Limited
FY 2025 filings availablePegasys Cloud Solutions Private Limited reported revenue of ₹15.81 Lakh (down 76% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 38% over three years, including a 76% fall in the latest year. EBITDA fell 241% 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 | -₹10.3 Lakh | ||||
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| Net Profit (PAT) | -₹10.3 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 | -65.1% | ||||
| Net Profit Margin | -65.1% | ||||
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To see the full financial statements and ratios of Pegasys Cloud Solutions Private Limited, buy the company report.
Board of directors of Pegasys Cloud Solutions Private Limited
Pegasys Cloud Solutions has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shyamkumar Kishorbhai Sutariya | Director | 06 Jan 2026 | 0 Years 9 Months | Current |
| Sagar Labhubhai Kajavadra | Director | 06 Jan 2026 | 0 Years 9 Months | Current |
Peer comparison
Pegasys Cloud Solutions Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other information & communication service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Qplum Software Labs Private Limited | ₹15.83 Lakh (FY 2018) | Bangalore, Karnataka, India | ||||
| Out of Scale India Private Limited | ₹15.83 Lakh (FY 2025) | -14.0% | Delhi, India | |||
| Ayubik Technologies Private Limited | ₹15.82 Lakh (FY 2024) | -56.0% | Mumbai, Maharashtra, India | |||
| Imaker Technology Private Limited | ₹15.81 Lakh (FY 2025) | 669.0% | Gandhinagar, Gujarat, India | |||
| Aservemind Infotech India Private Limited | ₹15.81 Lakh (FY 2023) | 165.0% | Noida, Uttar Pradesh, India | |||
| Pegasys Cloud Solutions Private Limitedthis company | ₹15.81 Lakh (FY 2024) | -₹10.3 Lakh | -65.1% | -76.0% | Surat, Gujarat, India | |
| Avem Networks Private Limited | ₹15.8 Lakh (FY 2022) | 22.0% | Chandigarh, India | |||
| Gymtrekker Fitness Private Limited | ₹15.8 Lakh (FY 2016) | Mumbai, Maharashtra, India | ||||
| Ecounsellor Webtech Private Limited | ₹15.79 Lakh (FY 2018) | 4.0% | New Delhi, Delhi, India | |||
| Dabotics India Private Limited | ₹15.77 Lakh (FY 2025) | 56.0% | Bareilly, Uttar Pradesh, India | |||
| Addiox India Private Limited | ₹15.76 Lakh (FY 2024) | -45.0% | Birsanagar, Jharkhand, India |
To see the full peer comparison of Pegasys Cloud Solutions Private Limited, buy the company report.
Auditor
Pegasys Cloud Solutions Private Limited is audited by AKALI & AKALI for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AKALI & AKALI | FY 2021 | 100252W |
Shareholding
The shareholding of Pegasys Cloud Solutions Private Limited is on record for FY 2020, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2020 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Pegasys Cloud Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Pegasys Cloud 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 Pegasys Cloud Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Pegasys Cloud Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAKCP2130R1Z5 | Gujarat | Active | 11 Dec 2019 |
To see the full GST registrations and return filing status of Pegasys Cloud Solutions Private Limited, buy the company report.
Recent activity
Pegasys Cloud Solutions Private Limited has 4 board changes on record since 2018: 4 appointments. The latest: Sagar Labhubhai Kajavadra was appointed as Director on 06 Jan 2026.
Frequently asked questions
Pegasys Cloud Solutions is an active foreign private limited company based in Surat, Gujarat, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 23 November 2018 (8+ years old) and is registered under CIN U72200GJ2018FTC105282.
Pegasys Cloud Solutions has 2 current directors:
- Shyamkumar Kishorbhai Sutariya - Director
- Sagar Labhubhai Kajavadra - Director
The latest financial statements of Pegasys Cloud Solutions on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Pegasys Cloud Solutions is 24AAKCP2130R1Z5, registered in Gujarat.
The CIN (Corporate Identification Number) of Pegasys Cloud Solutions is U72200GJ2018FTC105282. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pegasys Cloud Solutions was incorporated on 23 November 2018, making it 8+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Pegasys Cloud Solutions by revenue are Qplum Software Labs Private Limited, Out of Scale India Private Limited, Ayubik Technologies Private Limited, Imaker Technology Private Limited, Aservemind Infotech India Private Limited and 5 more, all in the same principal business activity (other information & communication service activities).
Sagar Labhubhai Kajavadra was appointed as Director on 06 Jan 2026. Shyamkumar Kishorbhai Sutariya was appointed as Director on 06 Jan 2026. Hitesh Arvindkumar Patel was appointed as Director on 23 Nov 2018. Pegasys Cloud Solutions has 4 board changes on record in total.
The registered office of Pegasys Cloud Solutions is at 609 Kyros Business Centre, Block No. 119A1 Tp No. 22 Fp No. 7, Surat, Gujarat, India – 395013.
Pegasys Cloud Solutions operates in the information technology industry, in the application development and software solutions segment.
Pegasys Cloud Solutions can be reached at its registered office: 609 Kyros Business Centre, Block No. 119A1 Tp No. 22 Fp No. 7, Surat, Gujarat, India – 395013.