About Classic Mall Development Company Limited
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Classic Mall Development Company Limited is a public limited company based in Mahalaxmi, Maharashtra, India, a subsidiary of The Phoenix Mills Limited. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 19 October 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70100MH2005PLC156875. Its GSTIN is 27AACCC7309K1ZJ (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹7.7 Cr and a paid-up capital of ₹7.7 Cr. It was formerly known as Classic Mall Development Company Private Limited and Class Mall Management Company Pvt Ltd. It is led by directors including Gajendra Rathaur Singh (Managing Director) and Gautam Srivastava.
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mahalaxmi, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹308.62 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹129.13 Cr (net margin 41.8%) and EBITDA of ₹220.78 Cr (EBITDA margin 71.5%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 1% over five years.
The company has about 59 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Phoenix Marketcity Chennai. As per MCA filings, the company has open charges of ₹600 Cr and satisfied charges of ₹2,165 Cr on record. Court records list 43 cases involving the company, including 21 filed by the company and 22 filed against it; 11 cases are pending. The company has 16 deals on record (8 secondary share transfers, 6 funding rounds, 1 rights issue), with disclosed funding of ₹83.08 Cr; the latest was in May 2022. The company has 11 MSME Form 1 returns on record between 2020 and 2024, listing 139 overdue payments to 38 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 phoenixmarketcitychennai.com.
Company details
Name history
Classic Mall Development Company has undergone 2 name changes throughout its history. The company was previously known as Classic Mall Development Company Private Limited, and Class Mall Management Company Pvt Ltd. The current legal name is Classic Mall Development Company Limited.
| Company Name | Status |
|---|---|
| Classic Mall Development Company Limited | Current |
| Classic Mall Development Company Private Limited | Previous |
| Class Mall Management Company Pvt Ltd | Previous |
CIN history
Classic Mall Development Company has one previous CIN (Corporate Identification Number): U70100MH2005PTC156875. The current CIN is U70100MH2005PLC156875, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70100MH2005PLC156875 | Current |
| U70100MH2005PTC156875 | Previous |
Contact details
Classic Mall Development Company Limited's registered office is in Mahalaxmi, Maharashtra. Its website is phoenixmarketcitychennai.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressC/Omarket City Resources P Ltd Grnd Flr Opp Shakti Mills Rrhosierybldgshree Laxmi Woolen Mi, Ll Estate, Mahalaxmi, Maharashtra, India – 400011
- IndustryTravel and Hospitality, Hotel & Accommodation Services
To see the full contact details of Classic Mall Development Company 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
Classic Mall Development Company operates one associated brand: Phoenix Marketcity Chennai. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Limited information available | phoenixmarketcitychennai.com |
Business activity
The main business activity of Classic Mall Development Company is real estate activities. In detail, this covers real estate activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real estate activities | 68 | Real estate activities |
To see the full business activity and turnover split of Classic Mall Development Company Limited, buy the company report.
Financials of Classic Mall Development Company Limited
FY 2025 filings availableClassic Mall Development Company Limited reported revenue of ₹308.62 Cr (down 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 1% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 1%. EBITDA fell 5% 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 | ₹220.78 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹129.13 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 71.5% | ||||
| Net Profit Margin | 41.8% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Classic Mall Development Company Limited, buy the company report.
Board of directors of Classic Mall Development Company Limited
Classic Mall Development Company has 5 current directors and 42 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gautam Srivastava | Director | 10 Jul 2024 | 2 Years 3 Months | Current |
| Manish Ashok Singh | Director | 10 Jul 2024 | 2 Years 3 Months | Current |
| Rajesh Maruti Patil | Director | 10 Jul 2024 | 2 Years 3 Months | Current |
| Siddhesh Pradeep Pradhan | Director | 10 Jul 2024 | 2 Years 3 Months | Current |
| Gajendra Rathaur Singh | Managing Director | 10 Jul 2024 | 2 Years 3 Months | Current |
Auditor
Classic Mall Development Company Limited is audited by D T S & Associates LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D T S & Associates LLP | FY 2023 | 142412W/W-100595 |
Shareholding
The shareholding of Classic Mall Development Company 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 Classic Mall Development Company Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Sep 2023 | 100794222 | Idbi Trusteeship Services Limited | ₹200 Cr | Open | |
| 24 Jan 2023 | 100675078 | Idbi Trusteeship Services Limited | ₹400 Cr | Open | |
| 28 Jan 2019 | 100239032 | Others | ₹150 Cr | Satisfied | |
| 28 Jan 2019 | 100239178 | Others | ₹100 Cr | Satisfied | |
| 04 Jan 2019 | 100231573 | Others | ₹550 Cr | Satisfied |
To see the full charge records of Classic Mall Development Company Limited, buy the company report.
Total charge records: 14 View all charges
Deals & funding
Classic Mall Development Company Limited has 16 deals on record (8 secondary share transfers, 6 funding rounds, 1 rights issue), with disclosed funding of ₹83.08 Cr; the latest was in May 2022.
Deals on record (5 of 16)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2022 | Secondary share transfer | Undisclosed | Buyer: The Phoenix Mills Limited Seller: Crest Urban Living Private Limited , Crest Ventures Limited |
| Feb 2022 | Acquisition | ₹918 Cr | Buyer: The Phoenix Mills Limited Seller: Crest Ventures Limited , Crest Urban Living Private Limited |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: The Phoenix Mills Limited Seller: Fushe River Limited, MPC Synergy |
| Sep 2017 | Secondary share transfer | Undisclosed | Buyer: Crest Ventures Limited Seller: MPC Synergy |
| Sep 2017 | Secondary share transfer | Undisclosed | Buyer: Crest Ventures Limited Seller: MPC Synergy |
To see the full deal history of Classic Mall Development Company Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Classic Mall Development Company Limited has 43 court cases on record: 21 filed by Classic Mall Development Company, 22 filed against it. 11 cases are pending and 32 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 38 | 18 | 10 |
| District courts | 4 | 3 | 1 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 43)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (1601-Direct Taxation : Income Tax Act, 1961, Wealth Tax Act, 1957, Gift Tax Act, 1958, Excess Profits Tax Act, 1940, Business Profit Tax Act, 1947 [other than matters covered by categories 1602-1605]) | Filed against the company by The Income Tax Officer and 3 others | Disposed |
| Madras High Court | Writ petition | Filed by the company against The Government of Tamilnadu | Pending |
| Madras High Court | Interim or miscellaneous application | Filed by the company against The Government of Tamilnadu | Pending |
| District court, Gurugram, Haryana | Civil suit | Filed against the company by Solis Sales India Private Limited | Pending |
| District court, Chennai, Tamil Nadu | Civil suit | Filed by the company against CS Creamery Pvt Ltd and 3 others | Disposed |
To see the full case history of Classic Mall Development Company 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.
Credit ratings & regulatory alerts
Classic Mall Development Company Limited was last rated by Care on 07 Apr 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 07 Apr 2022 |
To see the full credit ratings and regulatory alerts of Classic Mall Development Company Limited, buy the company report.
MSME payment delays
Classic Mall Development Company Limited has 11 MSME Form 1 returns on record between 2020 and 2024, listing 139 overdue payments to 38 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 38)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Unify Facility Management Private Limited | |||
| an individual supplier | |||
| Day `N' Day Services Private Limited | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Classic Mall Development Company Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Classic Mall Development Company Limited has a workforce of 59 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
GST
Classic Mall Development Company has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCC7309K1ZJ | Maharashtra | Active | 01 Jul 2017 |
| 33AACCC7309K1ZQ | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Classic Mall Development Company Limited, buy the company report.
Recent activity
Classic Mall Development Company Limited has 47 board changes on record since 2009: 5 appointments and 42 cessations. The latest: Gautam Srivastava ceased to be Additional Director on 12 Sep 2024.
69 earlier events are in the company report.
Frequently asked questions
Classic Mall Development Company is an active public limited company based in Mahalaxmi, Maharashtra, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 19 October 2005 (21+ years old) and is registered under CIN U70100MH2005PLC156875.
Classic Mall Development Company has 5 current directors:
- Gajendra Rathaur Singh - Managing Director
- Gautam Srivastava - Director
- Manish Ashok Singh - Director
- Rajesh Maruti Patil - Director
- Siddhesh Pradeep Pradhan - Director
The latest financial statements of Classic Mall Development Company on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Classic Mall Development Company is 27AACCC7309K1ZJ, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 33AACCC7309K1ZQ (Tamil Nadu).
The CIN (Corporate Identification Number) of Classic Mall Development Company is U70100MH2005PLC156875. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Classic Mall Development Company has 43 court cases on record: 21 filed by the company and 22 filed against it. 11 are pending. Most are in the high courts.
Classic Mall Development Company was incorporated on 19 October 2005, making it 21+ years old. It is registered with the Registrar of Companies, Mumbai.
Classic Mall Development Company has 16 deals on record (8 secondary share transfers, 6 funding rounds, 1 rights issue), with disclosed funding of ₹83.08 Cr; the latest was in May 2022.
Gautam Srivastava ceased to be Additional Director on 12 Sep 2024. Manish Ashok Singh ceased to be Additional Director on 12 Sep 2024. Rajesh Maruti Patil ceased to be Additional Director on 12 Sep 2024. Classic Mall Development Company has 47 board changes on record in total.
Classic Mall Development Company has 11 MSME Form 1 returns on record between 2020 and 2024, listing 139 overdue payments to 38 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Classic Mall Development Company can be reached through the website phoenixmarketcitychennai.com. Its registered office is in Mahalaxmi, Maharashtra, India.