About Destiny Retail Mall Developers Private Limited
Data last updated: 14 December 2025
Destiny Retail Mall Developers Private Limited is a private limited company based in Mahalaxmi, Maharashtra, India, a subsidiary of The Phoenix Mills Limited. It specialises in mall and retail management, a part of the broader business services sector. Incorporated on 31 August 2007, the company has been in operation for over 19 years.
Registered with ROC Mumbai under CIN U55101MH2007PTC173673.
Capital: an authorised share capital of ₹10 Cr and a paid-up capital of ₹9.87 Cr. Formerly known as Destiny Commercial Developers Private Limited and Destiny Hospitality Services Private Limited. It is led by directors including Shashie Kumar and Lalit Jain.
Last AGM: 25 September 2025. Financial statements filed for year ended 31 March 2025. Office: Mahalaxmi, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹204.23 Cr, a growth of 10% compared to the previous year.
The company has a workforce of approximately 56 employees as per the latest available data. It operates as a subsidiary of The Phoenix Mills Limited.
The company is associated with 1 brand - Phoenix Palassio. As per MCA filings, the company has open charges of ₹550 Cr and satisfied charges of ₹525 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website phoenixpalassio.com.
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Registered AddressC/O Market City Resources Pvt. Ltd Ground Floor R.R. Hosiery Bldg Shree Luxmi Woollen Mi, Lls Estate, Mahalaxmi, Maharashtra, India – 400011
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IndustryBusiness Services, Mall & Retail Management
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Name History of Destiny Retail Mall Developers Private Limited
Destiny Retail Mall Developers Private Limited has undergone 3 name changes throughout its history. The company was previously known as Destiny Commercial Developers Private Limited, Destiny Hospitality Services Private Limited, and Destiny Mall Developers Private Limited. The current legal name is Destiny Retail Mall Developers Private Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Destiny Retail Mall Developers Private Limited | Current |
| Destiny Commercial Developers Private Limited | Previous |
| Destiny Hospitality Services Private Limited | Previous |
| Destiny Mall Developers Private Limited | Previous |
Associated Brands with Destiny Retail Mall Developers Private Limited
Destiny Retail Mall Developers Private Limited operates one associated brand: Phoenix Palassio. These brands represent Destiny Retail Mall Developers Private Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Retail mall operations, dining, and entertainment services across India. | phoenixpalassio.com |
Business Activity of Destiny Retail Mall Developers Private Limited
Destiny Retail Mall Developers Private Limited is engaged in the principal business activity of real estate, with detailed activities including real estate activities with own or leased property.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property | Locked |
Business activity turnover details for Destiny Retail Mall Developers Private Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
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- Filing-level activity changes
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Auditor Details of Destiny Retail Mall Developers Private Limited
Destiny Retail Mall Developers Private Limited is audited by D T S & Associates LLP for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| D T S & Associates LLP | Locked | Locked | Locked |
Complete auditor history for Destiny Retail Mall Developers Private Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
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Board of Directors of Destiny Retail Mall Developers Private Limited
Destiny Retail Mall Developers Private Limited is currently managed by 5 directors, with 18 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
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Shashie Kumar
Also directs:
Marketworks Resources Llp, Upal Developers Private Limited, Blackwood Developers Private Limited and 2 more
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Director | 10 Jul 2024 | 2 Years 1 Months | Current |
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Lalit Jain
Also directs:
Orcus Realty Limited, Graceworks Realty & Leisure Private Limited, Gangetic Developers Private Limited and 5 more
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Director | 10 Jul 2024 | 2 Years 1 Months | Current |
| Sanjeev Sarin | Managing Director | 31 Mar 2020 | 6 Years 4 Months | Current |
| Amit Arora | Director | 10 Jul 2024 | 2 Years 1 Months | Current |
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Prashant Shriram Khandelwal
Also directs:
Upal Developers Private Limited, Blackwood Developers Private Limited, Mugwort Land Holdings Private Limited and 5 more
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Director | 31 Mar 2020 | 6 Years 4 Months | Current |
Financials of Destiny Retail Mall Developers Private Limited FY 2025 filings available
Destiny Retail Mall Developers Private Limited reported revenue of ₹204.23 Cr (up 10.00% YoY) for FY 2025.
Ten-year financial statements for Destiny Retail Mall Developers Private Limited
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Ownership and Shareholding of Destiny Retail Mall Developers Private Limited
Shareholding and ownership data for Destiny Retail Mall Developers Private Limited
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- Ownership categories
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Charges & Borrowings of Destiny Retail Mall Developers Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Sep 2021 | Idbi Trusteeship Services Limited | ₹550 Cr | Open |
| 03 Aug 2018 | Others | ₹525 Cr | Satisfied |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Destiny Retail Mall Developers Private Limited
Destiny Retail Mall Developers Private Limited has a workforce of 56 employees as of Apr 07, 2024.
Employee and EPFO history for Destiny Retail Mall Developers Private Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
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GST Compliance of Destiny Retail Mall Developers Private Limited
GST registrations and filing compliance for Destiny Retail Mall Developers Private Limited
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Credit Ratings, Litigation & Regulatory Alerts for Destiny Retail Mall Developers Private Limited
Credit ratings, litigation, and regulatory alerts for Destiny Retail Mall Developers Private Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
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MSME Payment Delays by Destiny Retail Mall Developers Private Limited
MSME payment history for Destiny Retail Mall Developers Private Limited
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- Outstanding amounts
- Delay periods and reasons
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Subsidiaries & Group Companies of Destiny Retail Mall Developers Private Limited
Corporate group structure for Destiny Retail Mall Developers Private Limited
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- Parent company
- Subsidiaries and ownership
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MCA Filings & Documents of Destiny Retail Mall Developers Private Limited
MCA filings and documents for Destiny Retail Mall Developers Private Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
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Recent Activity on Destiny Retail Mall Developers Private Limited
Frequently Asked Questions about Destiny Retail Mall Developers Private Limited
Destiny Retail Mall Developers Private Limited is an active private limited company in the business services sector based in Mahalaxmi, Maharashtra, India. It was incorporated on 31 August 2007 (19+ years old) and is registered under CIN U55101MH2007PTC173673. The company has 56 employees.
Destiny Retail Mall Developers Private Limited reported revenue of ₹204.23 Cr for FY 2025 (up 10.00% YoY).
The current directors of Destiny Retail Mall Developers Private Limited are:
- Shashie Kumar - Director
- Lalit Jain - Director
- Sanjeev Sarin - Managing Director
- Amit Arora - Director
- Prashant Shriram Khandelwal - Director
The primary industry of Destiny Retail Mall Developers Private Limited is business services. The company specifically operates in mall and retail management. The company is currently active in this sector.
Destiny Retail Mall Developers Private Limited can be reached at the registered office: CO Market City Resources Pvt. Ltd Ground Floor R.R. Hosiery Bldg Shree Luxmi Woollen Mi, Lls Estate, Mahalaxmi, Maharashtra, India – 400011, or through the website phoenixpalassio.com.
The authorised capital is ₹10 Cr, and the paid-up capital is ₹9.87 Cr.