
Alyssum Developers Private Limited
About Alyssum Developers Private Limited
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Alyssum Developers Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Island Star Mall Developers Private Limited. It operates in the mall and retail management segment of the business services sector. It was incorporated on 17 March 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70109MH2017PTC292588. Its GSTIN is 27AAPCA3285K1Z5 (Maharashtra). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Sanjay Gurunathrao Chittekar (Managing Director) and Vikram Dwarakanath Pai (Managing Director).
Its last annual general meeting (AGM) was held on 04 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at C/O Market City Resources Pvt Ltd Gr Flr Rr Hosiery Bldg Shreelaxmi Woollen Mills, Mumbai, Maharashtra, India – 400011.
As per the financials filed for FY 2025, the company reported a revenue of ₹236.83 Cr, a growth of 131% compared to the previous year. For the same year it recorded a net profit of ₹82.63 Cr (net margin 34.9%) and EBITDA of ₹145.96 Cr (EBITDA margin 61.6%).
The company has about 84 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Phoenix Mall of the Millennium. As per MCA filings, the company has open charges of ₹1,503.13 Cr and satisfied charges of ₹412.97 Cr on record. Court records list 4 cases involving the company, including 1 filed by the company and 3 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Alyssum Developers Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressC/O Market City Resources Pvt Ltd Gr Flr Rr Hosiery Bldg Shreelaxmi Woollen Mills, Mumbai, Maharashtra, India – 400011
- IndustryBusiness Services, Mall & Retail Management
To see the full contact details of Alyssum Developers 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
Alyssum Developers operates one associated brand: Phoenix Mall of the Millennium. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Retail and hospitality services are provided through mall operations in Wakad. | mallofthemillennium.com |
Business activity
The main business activity of Alyssum Developers is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Alyssum Developers Private Limited, buy the company report.
Financials of Alyssum Developers Private Limited
FY 2025 filings availableAlyssum Developers Private Limited reported revenue of ₹236.83 Cr (up 131% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 131% in the latest year. EBITDA rose 148% 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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| EBITDA | ₹145.96 Cr | ||||
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| Net Profit (PAT) | ₹82.63 Cr | ||||
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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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| Profitability | |||||
| EBITDA Margin | 61.6% | ||||
| Net Profit Margin | 34.9% | ||||
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To see the full financial statements and ratios of Alyssum Developers Private Limited, buy the company report.
Board of directors of Alyssum Developers Private Limited
Alyssum Developers has 6 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amit Dabriwala Also directs: Master Project Management LLP, Satyatower Affordables Projects Private Limited, Adibhuta Investments Private Limited and 5 more | Director | 30 Mar 2019 | 7 Years 7 Months | Current |
| Neha Ravi Kapoor Also directs: Insight Mall Developers Private Limited, Bellona Hospitality Services Limited, Vamona Developers Private Limited and 2 more | Director | 31 Mar 2020 | 6 Years 7 Months | Current |
| Sanjay Gurunathrao Chittekar | Managing Director | 31 Mar 2020 | 6 Years 7 Months | Current |
| Swapnil Subhash Kothari Also directs: Insight Mall Developers Private Limited, Truevalue Infrabuild Private Limited, SGH Realty Private Limited and 5 more | Director | 30 Mar 2024 | 2 Years 7 Months | Current |
| Siddhesh Pradeep Pradhan | Director | 12 Jul 2024 | 2 Years 3 Months | Current |
| Vikram Dwarakanath Pai | Managing Director | 12 Jul 2024 | 2 Years 3 Months | Current |
Peer comparison
Alyssum Developers Private Limited is compared with the 7 companies closest to it by revenue in the Business Services industry (Mall Management), with the same principal business activity (real estate activities with own or leased property), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Abhishek Propbuild Private Limited | ₹265.95 Cr (FY 2025) | 9.0% | Bangalore, Karnataka, India | |||
| Century 21 Town Planners Private Limited | ₹258.85 Cr (FY 2025) | 276.0% | Indore, Madhya Pradesh, India | |||
| Nexus Hyderabad Retail Private Limited | ₹256.59 Cr (FY 2025) | 4.0% | Hyderabad, Telangana, India | |||
| Ambience Commercial Developers Private Limited | ₹252.23 Cr (FY 2025) | 4.0% | New Delhi, Delhi, India | |||
| Alyssum Developers Private Limitedthis company | ₹236.83 Cr (FY 2025) | ₹82.63 Cr | 34.9% | 131.0% | 84 | Mumbai, Maharashtra, India |
| Euthoria Developers Private Limited | ₹235.85 Cr (FY 2025) | 5.0% | Ahmedabad, Gujarat, India | |||
| Avinash Developers Private Limited | ₹231.21 Cr (FY 2025) | 51.0% | Raipur, Chhattisgarh, India | |||
| Destiny Retail Mall Developers Private Limited | ₹204.23 Cr (FY 2025) | 10.0% | Mahalaxmi, Maharashtra, India |
To see the full peer comparison of Alyssum Developers Private Limited, buy the company report.
Auditor
Alyssum Developers Private Limited is audited by PRICE WATERHOUSE CHARTERED ACCOUN for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRICE WATERHOUSE CHARTERED ACCOUN | FY 2023 | 012754N/N500016 |
Shareholding
The shareholding of Alyssum Developers Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Alyssum Developers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Dec 2025 | 101209688 | Others | ₹1,500 Cr | Open | |
| 03 Nov 2025 | 101188953 | Others | ₹2.14 Cr | Open | |
| 01 Nov 2025 | 101188964 | Others | ₹98.5 Lakh | Open | |
| 10 Oct 2022 | 100621469 | Others | ₹400 Cr | Satisfied | |
| 29 Jul 2022 | 100609119 | Others | ₹1.73 Lakh | Satisfied |
To see the full charge records of Alyssum Developers Private Limited, buy the company report.
Total charge records: 10 View all charges
Legal cases
Alyssum Developers Private Limited has 4 court cases on record: 1 filed by Alyssum Developers, 3 filed against it. 2 cases are pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 1 |
| High courts | 1 | 0 | 1 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed by the company against Maharashtra State Electricity Distribution Company Limited | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by an individual | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by an individual | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by M/S S.P. Developers and 1 other | Disposed |
To see the full case history of Alyssum Developers 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 Alyssum Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Alyssum Developers Private Limited has a workforce of 84 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
GST
Alyssum Developers has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAPCA3285K1Z5 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Alyssum Developers Private Limited, buy the company report.
Recent activity
Alyssum Developers Private Limited has 19 board changes on record since 2018: 6 appointments and 13 cessations. The latest: Siddhesh Pradeep Pradhan ceased to be Additional Director on 10 Sep 2024.
28 earlier events are in the company report.
Frequently asked questions
Alyssum Developers is an active private limited company based in Mumbai, Maharashtra, India. The company works in mall and retail management, within the business services industry. It was incorporated on 17 March 2017 (9+ years old) and is registered under CIN U70109MH2017PTC292588.
Alyssum Developers has 6 current directors:
- Sanjay Gurunathrao Chittekar - Managing Director
- Vikram Dwarakanath Pai - Managing Director
- Amit Dabriwala - Director
- Neha Ravi Kapoor - Director
- Swapnil Subhash Kothari - Director
- Siddhesh Pradeep Pradhan - Director
The latest financial statements of Alyssum Developers on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 04 September 2025. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Alyssum Developers is 27AAPCA3285K1Z5, registered in Maharashtra. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Alyssum Developers is U70109MH2017PTC292588. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Alyssum Developers has 4 court cases on record: 1 filed by the company and 3 filed against it. 2 are pending. Most are in the district courts.
Alyssum Developers was incorporated on 17 March 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Alyssum Developers by revenue are Abhishek Propbuild Private Limited, Century 21 Town Planners Private Limited, Nexus Hyderabad Retail Private Limited, Ambience Commercial Developers Private Limited, Euthoria Developers Private Limited and 2 more, all in the Business Services industry (Mall Management), with the same principal business activity (real estate activities with own or leased property).
Siddhesh Pradeep Pradhan ceased to be Additional Director on 10 Sep 2024. Siddhesh Pradeep Pradhan was appointed as Director on 12 Jul 2024. Vikram Dwarakanath Pai was appointed as Managing Director on 12 Jul 2024. Alyssum Developers has 19 board changes on record in total.
The registered office of Alyssum Developers is at CO Market City Resources Pvt Ltd Gr Flr Rr Hosiery Bldg Shreelaxmi Woollen Mills, Mumbai, Maharashtra, India – 400011.
Alyssum Developers operates in the business services industry, in the mall and retail management segment.

