About Pelagsus Infrastructures Private Limited
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Pelagsus Infrastructures Private Limited is a private limited company based in Ahmedabad, Gujarat, India, a subsidiary of Pacifica Developers Private Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 14 March 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U45201GJ2008PTC053260. Its GSTIN is 24AAECP6930D1ZO (Gujarat). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹2 Lakh. It was formerly known as Pacifica Bangalore Project Private Limited and Lyra (Bangluru) Projects Private Limited. It is led by directors Rakesh Motilal Israni and Gunjan Rakesh Israni Israni.
Its last annual general meeting (AGM) was held on 24 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 5 Sigma Corporate Park, Ahmedabad, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹38,888. For the same year it recorded a net loss of ₹71.36 Lakh and EBITDA of -₹71.24 Lakh. Revenue has grown at a compounded annual rate (CAGR) of 35% over five years.
As per MCA filings, the company has open charges of ₹75 Cr and satisfied charges of ₹150.5 Cr on record. Court records list 6 cases involving the company, including 5 filed by the company and 1 filed against it; 4 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website pacificacompanies.co.in.
Company details
Name history
Pelagsus Infrastructures has undergone 7 name changes throughout its history. The current legal name is Pelagsus Infrastructures Private Limited.
| Company Name | Status |
|---|---|
| Pelagsus Infrastructures Private Limited | Current |
| Pacifica Bangalore Project Private Limited | Previous |
| Lyra (Bangluru) Projects Private Limited | Previous |
| Sharathphani Projects Private Limited | Previous |
| Phs Projects Private Limited | Previous |
| Sp Projects Private Limited | Previous |
| Shpm Projects Private Limited | Previous |
| Kiana Infrastructure Private Limited | Previous |
Contact details
Pelagsus Infrastructures Private Limited's registered office is in Ahmedabad, Gujarat. Its website is pacificacompanies.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address4 – 5 Sigma Corporate Park, Nr. Mann Party Plot, Ahmedabad, Gujarat, India – 380054
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Pelagsus Infrastructures 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
Financials of Pelagsus Infrastructures Private Limited
FY 2025 filings availablePelagsus Infrastructures Private Limited reported revenue of ₹38,888 for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 35% over five years. EBITDA fell 766% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Total Expenses | |||||
| EBITDA | -₹71.24 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹71.36 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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To see the full financial statements and ratios of Pelagsus Infrastructures Private Limited, buy the company report.
Board of directors of Pelagsus Infrastructures Private Limited
Pelagsus Infrastructures has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rakesh Motilal Israni Also directs: Dharti Madrid County LLP, Pacifica Infraspace LLP, Pacifica Chennai Padur Developers LLP and 5 more | Director | 16 Jun 2018 | 8 Years 4 Months | Current |
| Gunjan Rakesh Israni Israni Also directs: Dharti Madrid County LLP, Pacifica Chennai Padur Developers LLP, Pacifica Lakeside Developers LLP and 5 more | Director | 16 Jun 2018 | 8 Years 4 Months | Current |
Peer comparison
Pelagsus Infrastructures Private Limited is compared with the 10 companies closest to it by revenue in the Real Estate industry (Builders and Developers), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sukamna Devcon Private Limited | ₹38,989 (FY 2025) | -55.0% | Kolkata, West Bengal, India | |||
| Stride Overseas Private Limited | ₹38,980 (FY 2025) | -70.0% | Delhi, India | |||
| Gra Recreations Private Limited | ₹38,960 (FY 2025) | -95.0% | New Delhi, Delhi, India | |||
| Chavass Infrastructures Private Limited | ₹38,926 (FY 2025) | 15.0% | Hyderabad, Telangana, India | |||
| Shyam Ji Infraproperties Private Limited | ₹38,900 (FY 2025) | 13.0% | Agra, Uttar Pradesh, India | |||
| Pelagsus Infrastructures Private Limitedthis company | ₹38,888 (FY 2025) | -₹71.36 Lakh | Ahmedabad, Gujarat, India | |||
| Laxmi Niketan Private Limited | ₹38,884 (FY 2025) | 0.0% | Kolkata, West Bengal, India | |||
| Aar Builders Private Limited | ₹38,800 (FY 2024) | -15.0% | New Delhi, Delhi, India | |||
| G N G Infratech Private Limited | ₹38,795 (FY 2025) | -100.0% | Jhansi, Uttar Pradesh, India | |||
| Metroline (Shivpuri) Infratech Private Limited | ₹38,793 (FY 2025) | 302.0% | New Delhi, Delhi, India | |||
| Rishabh Dev Builders Pvt Ltd | ₹38,785 (FY 2024) | -82.0% | Horwah, West Bengal, India |
To see the full peer comparison of Pelagsus Infrastructures Private Limited, buy the company report.
Auditor
Pelagsus Infrastructures Private Limited is audited by JAIN P. C. & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JAIN P. C. & ASSOCIATES | FY 2023 | 126313W |
Shareholding
The shareholding of Pelagsus Infrastructures 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 Pelagsus Infrastructures Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Dec 2023 | 100836355 | Others | ₹75 Cr | Open | |
| 01 Dec 2022 | 100694346 | Others | ₹40.5 Cr | Satisfied | |
| 13 Aug 2021 | 100475542 | Others | ₹42.5 Cr | Satisfied | |
| 09 Aug 2021 | 100475437 | Others | ₹42.5 Cr | Satisfied | |
| 19 Aug 2014 | 10519821 | Axis Bank Limited | ₹25 Cr | Satisfied |
To see the full charge records of Pelagsus Infrastructures Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Pelagsus Infrastructures Private Limited has 6 court cases on record: 5 filed by Pelagsus Infrastructures, 1 filed against it. 4 cases are pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 1 | 3 |
| High courts | 2 | 0 | 1 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against M/S Norma Developers Pvt. Ltd., Rep by Kishore Barai and 1 other | Pending |
| District court, Ahmedabad, Gujarat | Court case (CR EN) | Filed by the company against State of Gujarat | Pending |
| High Court of Gujarat | Special civil application | Filed by the company against State of Gujarat Through Chief Controlling Revenue Authority | Pending |
| District court, Ahmedabad, Gujarat | Court case (SPCS) | Filed by the company against an individual | Pending |
| District court, BENGALURU, Karnataka | Court case (Com.A.A.) | Filed against the company by an individual | Disposed |
To see the full case history of Pelagsus Infrastructures 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Pelagsus Infrastructures Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Pelagsus Infrastructures has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAECP6930D1ZO | Gujarat | Active | 01 Jul 2017 |
| 29AAECP6930D1ZE | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Pelagsus Infrastructures Private Limited, buy the company report.
Recent activity
Pelagsus Infrastructures Private Limited has 8 board changes on record since 2012: 2 appointments and 6 cessations. The latest: Alungoor Munivenkata Sharathchandra ceased to be Director on 16 Jun 2018.
10 earlier events are in the company report.
Frequently asked questions
Pelagsus Infrastructures is an active private limited company based in Ahmedabad, Gujarat, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 14 March 2008 (18+ years old) and is registered under CIN U45201GJ2008PTC053260.
Pelagsus Infrastructures has 2 current directors:
- Rakesh Motilal Israni - Director
- Gunjan Rakesh Israni Israni - Director
The latest financial statements of Pelagsus Infrastructures on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 24 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Pelagsus Infrastructures is 24AAECP6930D1ZO, registered in Gujarat. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 29AAECP6930D1ZE (Karnataka).
The CIN (Corporate Identification Number) of Pelagsus Infrastructures is U45201GJ2008PTC053260. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pelagsus Infrastructures has 6 court cases on record: 5 filed by the company and 1 filed against it. 4 are pending. Most are in the district courts.
Pelagsus Infrastructures was incorporated on 14 March 2008, making it 18+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Pelagsus Infrastructures by revenue are Sukamna Devcon Private Limited, Stride Overseas Private Limited, Gra Recreations Private Limited, Chavass Infrastructures Private Limited, Shyam Ji Infraproperties Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Alungoor Munivenkata Sharathchandra ceased to be Director on 16 Jun 2018. Gunjan Rakesh Israni Israni was appointed as Director on 16 Jun 2018. Rakesh Motilal Israni was appointed as Director on 16 Jun 2018. Pelagsus Infrastructures has 8 board changes on record in total.
Pelagsus Infrastructures can be reached through the website pacificacompanies.co.in. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Pelagsus Infrastructures is at 4 – 5 Sigma Corporate Park, Nr. Mann Party Plot, Ahmedabad, Gujarat, India – 380054.