About Phoenix Palassio
Phoenix Palassio is a Retail company based in Lucknow (India). Retail mall operations, dining, and entertainment services across India. It operates in the Retail and Consumer sectors. The company has 56 employees. Its Indian entity Destiny Retail Mall Developers Private Limited reported revenue of ₹204 Cr. Phoenix Palassio offers products and services including Shopping Services and Dining Services. Its focus areas include Shopping Centers, Mall Operations, Retail Leasing and Hospitality.
Company details
Phoenix Palassio is identified as a network of shopping malls that are managed across several Indian cities, including Lucknow and Mumbai. Various retail, dining, and entertainment facilities are provided, with operations covering brands, events, movies, and games. The malls are overseen by a legal entity based in Mumbai, and daily timings are maintained from 11:00 AM to 10:00 PM. Feedback mechanisms and contact options are made available to visitors, ensuring services like concierge and gift cards are utilized effectively. Overall, the focus is placed on comprehensive mall experiences that cater to shopping and leisure needs.
- Headquarters Lucknow, India
- Employees 56
- SectorsRetailConsumer
- Email••••••••
- Phone•••• ••••
- Website phoenixpalassio.com
- Social X Facebook Instagram YouTube
- Legal Name Destiny Retail Mall Developers Private Limited
- Date of Incorporation 31 Aug, 2007
- Jurisdiction Mahalaxmi, Maharashtra, India
- Annual Revenue₹204 Cr
FY 2025 · +10% YoY
- Net Profit₹66.99 Cr
FY 2025 · 33% margin
- EBITDA₹145 Cr
FY 2025 · 71% margin
- Employee Count56
Associated legal entities of Phoenix Palassio
Phoenix Palassio operates through Destiny Retail Mall Developers Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Destiny Retail Mall Developers Private Limited CIN U55101MH2007PTC173673 | Active | 31 Aug 2007 | Mahalaxmi, Maharashtra | ₹204 Cr | 56 | 5 | View details |
Products & Services of Phoenix Palassio
Phoenix Palassio offers a comprehensive portfolio of products and services, including Shopping Services and Dining Services.
Shopping experiences are provided through various brands and stores within the malls
Dining options are offered by multiple restaurants and food outlets in the malls
Apps and channels of Phoenix Palassio
its YouTube channel Phoenix Palassio has 12.1K subscribers and 30 videos.
Videos from Phoenix Palassio
The most watched videos on Phoenix Palassio's YouTube channel, Phoenix Palassio (12.1K subscribers). Click a video to play it here.
More on Phoenix Palassio.
Board of directors of Destiny Retail Mall Developers Private Limited (Phoenix Palassio)
Destiny Retail Mall Developers Private Limited is the primary company behind Phoenix Palassio. The board of Destiny Retail Mall Developers Private Limited currently have 5 directors; the longest-serving is Sanjeev Sarin, appointed in 2020. 18 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sanjeev Sarin DIN 08721516 | Managing Director | 31 Mar 2020 | 6 yrs 7 mo | Destiny Retail Mall Developers Private Limited |
| Prashant Shriram Khandelwal DIN 08067106 | Director | 31 Mar 2020 | 6 yrs 7 mo | Destiny Retail Mall Developers Private Limited |
| Shashie Kumar DIN 05252482 | Director | 10 Jul 2024 | 2 yrs 4 mo | Destiny Retail Mall Developers Private Limited |
| Lalit Jain DIN 08715049 | Director | 10 Jul 2024 | 2 yrs 4 mo | Destiny Retail Mall Developers Private Limited |
| Amit Arora DIN 08731216 | Director | 10 Jul 2024 | 2 yrs 4 mo | Destiny Retail Mall Developers Private Limited |
Financials of Phoenix Palassio
Figures of Destiny Retail Mall Developers Private Limited, the primary company behind Phoenix Palassio, for FY 2025. Revenue was ₹204 Cr (+10% year on year). Net profit was ₹66.99 Cr (33% margin). EBITDA was ₹145 Cr (71% margin). Revenue has grown at a compounded annual rate of +17% over three years and +584% over five years.
- ₹204 CrRevenue · FY 2025 · +10% YoY
- ₹66.99 CrNet profit · 33% margin
- ₹145 CrEBITDA · 71% margin
- ₹9.87 CrPaid-up capital
- 56Employees (provident fund records)
- +17%Revenue CAGR, 3 years
- +584%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Destiny Retail Mall Developers Private Limited are on its company page.
Detailed financial statements for Phoenix Palassio
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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Top companies in Shopping Malls & Centers
3 companies that operate in the same segment as Phoenix Palassio (Shopping Malls & Centers) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Commercial real estate services and property investment solutions. | Mumbai, Maharashtra, India | USD 779.96 M | 13,919 | |||
Invests in alternative assets including real estate and infrastructure for returns. | 2002 | Bengaluru, Karnataka, India | USD 188.27 M | |||
Multi-format retail mall chain, offering a range of retail, dining, and entertainment options to its customers across various locations | 2008 | Mumbai, Maharashtra, India | USD 496.49 M | 107 |
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Frequently Asked Questions about Phoenix Palassio
Phoenix Palassio is headquartered in Lucknow, India. It is registered at Lucknow, Uttar Pradesh, India.
Phoenix Palassio has 56 employees.
The primary company behind Phoenix Palassio, Destiny Retail Mall Developers Private Limited, reported revenue of ₹204 Cr for FY 2025, up 10% year on year.
Phoenix Palassio is identified as a network of shopping malls that are managed across several Indian cities, including Lucknow and Mumbai. Various retail, dining, and entertainment facilities are provided, with operations covering brands, events, movies, and games. The malls are overseen by a legal entity based in Mumbai, and daily timings are maintained from 11:00 AM to 10:00 PM. Feedback mechanisms and contact options are made available to visitors, ensuring services like concierge and gift cards are utilized effectively. Overall, the focus is placed on comprehensive mall experiences that cater to shopping and leisure needs.
Phoenix Palassio offers Shopping Services and Dining Services.
Phoenix Palassio operates through Destiny Retail Mall Developers Private Limited.
The legal entities of Phoenix Palassio currently have 5 directors, including Shashie Kumar, Lalit Jain, Sanjeev Sarin and others.