About Island Star Mall Developers Private Limited
Data last updated: 06 January 2026
Island Star Mall Developers Private Limited is a private limited company based in Mumbai, 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 10 April 2006, the company has been in operation for over 20 years.
Registered with ROC Mumbai under CIN U45200MH2006PTC161067.
Capital: an authorised share capital of ₹285 Cr and a paid-up capital of ₹233.11 Cr. It is led by directors including Sumeet Anand and Varun Parwal.
Last AGM: 04 September 2025. Financial statements filed for year ended 31 March 2025. Office: Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹946.37 Cr, a growth of 47% compared to the previous year.
The company has a workforce of approximately 67 employees as per the latest available data. It operates as a subsidiary of The Phoenix Mills Limited. Its group structure includes 3 subsidiaries.
The company is associated with 2 brands - Phoenix Mills, Phoenix Marketcity. As per MCA filings, the company has open charges of ₹800 Cr and satisfied charges of ₹1,629 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 phoenixmarketcity.com.
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Registered AddressC/O Marketcity Resources Pvt Ltd R Hosiery Bldg Gr Floor Laxmi Woollen Mills Estate Ma, Halaxmi, Mumbai, 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
Associated Brands with Island Star Mall Developers Private Limited
Island Star Mall Developers Private Limited operates two associated brands: Phoenix Mills and Phoenix Marketcity. These brands represent Island Star Mall Developers Private Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Residential and commercial property development services are provided. | thephoenixmills.com | |
| Multi-format retail mall chain, offering a range of retail, dining, and entertainment options to its customers across various locations | phoenixmarketcity.com |
Competitors & Alternatives of Island Star Mall Developers Private Limited
Brands and companies operating in the same space as Island Star Mall Developers Private Limited include Godrej Properties, Vingroup, DLF India and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Godrej Properties
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Residential and commercial properties are developed by Godrej Properties. | Mumbai, India, India | 1990 |
Vingroup
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Real estate development and management services are offered by Vingroup. | Hanoi, Vietnam, Vietnam | 1993 |
DLF India
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Provider of property and real estate development services | Gurugram, India, India | 1947 |
Lendlease
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Sustainable project development and maintenance services are provided worldwide. | Melbourne, Australia, Australia | 1958 |
Frasers Property
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Residential and commercial properties are developed and managed across regions. | Singapore, Singapore, Singapore | 1924 |
Sunac
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Residential and commercial real estate development is conducted by Sunac. | Shanghai, China, China | 2003 |
Lodha Group
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Developer of residential and commercial real estate properties | Mumbai, India, India | 1980 |
Vanke
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Real estate properties are developed in over 50 cities. | Shenzhen, China, China | 1984 |
Eiffage
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Eiffage is engaged in construction, energy, and infrastructure concessions. | Paris, France, France | 1920 |
City Developments
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Real estate development and management services are provided globally. | Singapore, Singapore, Singapore | 1963 |
Business Activity of Island Star Mall Developers Private Limited
Island Star 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 Island Star Mall Developers Private Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
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Auditor Details of Island Star Mall Developers Private Limited
Island Star Mall Developers Private Limited is audited by Price Waterhouse Chartered Accountants 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 |
|---|---|---|---|
| Price Waterhouse Chartered Accountants LLP | Locked | Locked | Locked |
Complete auditor history for Island Star Mall Developers Private Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
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Board of Directors and KMP of Island Star Mall Developers Private Limited
Island Star Mall Developers Private Limited currently reports 6 directors and 1 key managerial person. 35 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
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Sumeet Anand
Also directs:
Indwest Advisors Llp, The Phoenix Mills Limited, Palladium Constructions Private Limited and 5 more
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Director | 10 Oct 2024 | 1 Years 10 Months | Current |
| Varun Parwal | Director | 26 Nov 2022 | 3 Years 8 Months | Current |
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Sanjay Sudam Wagaskar
Also directs:
Mindstone Mall Developers Private Limited, Sheela Traders Private Limited, Shanthi Chandran Enterprisers Private Limited and 5 more
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Managing Director | 18 Jul 2024 | 2 Years 1 Months | Current |
| Chalsani Rohan | Director | 02 Aug 2024 | 2 Years 0 Months | Current |
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Rajesh Meharia
Also directs:
Chonrev Retail Private Limited
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Cfo | 22 Jul 2024 | 2 Years 0 Months | Current |
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Shweta Pradeep Vyas
Also directs:
Vamona Developers Private Limited, Alliance Spaces Private Limited, Offbeat Developers Private Limited and 4 more
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Director | 27 Mar 2018 | 8 Years 4 Months | Current |
Financials of Island Star Mall Developers Private Limited FY 2025 filings available
Island Star Mall Developers Private Limited reported revenue of ₹946.37 Cr (up 47.00% YoY) for FY 2025.
Ten-year financial statements for Island Star Mall Developers Private Limited
Historical statement values and trend charts require an active report plan.
- Income statements
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Ownership and Shareholding of Island Star Mall Developers Private Limited
Shareholding and ownership data for Island Star Mall Developers Private Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
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Group Structure of Island Star Mall Developers Private Limited
Island Star Mall Developers Private Limited has 3 subsidiary companies. This group structure data is as of FY 2023. The corporate group structure reflects Island Star Mall Developers Private Limited's business expansion strategy and organizational complexity.
| Company Name | CIN | Shares Held |
|---|---|---|
| Insight Mall Developers Private Limited | U55101MH2007PTC169124 | Locked |
| Alyssum Developers Private Limited | U70109MH2017PTC292588 | Locked |
| Sparkle One Mall Developers Private Limited | U70109MH2017PTC299103 | Locked |
Showing major subsidiaries. Total: 3.
Charges & Borrowings of Island Star Mall Developers Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Aug 2022 | Others | ₹800 Cr | Open |
| 13 Jul 2021 | Others | ₹325 Cr | Satisfied |
| 19 Jul 2017 | Others | ₹160 Cr | Satisfied |
| 24 Jul 2015 | Idbi Trusteeship Services Limited | ₹305 Cr | Satisfied |
| 05 Jun 2012 | Idbi Trusteeship Services Limited | ₹400 Cr | Satisfied |
Total charge records: 8 View all charges
Employees and EPFO Compliance at Island Star Mall Developers Private Limited
Island Star Mall Developers Private Limited has a workforce of 67 employees as of Apr 08, 2024.
Employee and EPFO history for Island Star 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 Island Star Mall Developers Private Limited
GST registrations and filing compliance for Island Star Mall Developers Private Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
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Credit Ratings, Litigation & Regulatory Alerts for Island Star Mall Developers Private Limited
Credit ratings, litigation, and regulatory alerts for Island Star 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 Island Star Mall Developers Private Limited
MSME payment history for Island Star Mall Developers Private Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
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Subsidiaries & Group Companies of Island Star Mall Developers Private Limited
Corporate group structure for Island Star Mall Developers Private Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
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MCA Filings & Documents of Island Star Mall Developers Private Limited
MCA filings and documents for Island Star 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
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- Complete filing index
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Recent Activity on Island Star Mall Developers Private Limited
Frequently Asked Questions about Island Star Mall Developers Private Limited
Island Star Mall Developers Private Limited is an active private limited company in the business services sector based in Mumbai, Maharashtra, India. It was incorporated on 10 April 2006 (20+ years old) and is registered under CIN U45200MH2006PTC161067. The company has 67 employees.
Island Star Mall Developers Private Limited reported revenue of ₹946.37 Cr for FY 2025 (up 47.00% YoY).
The current directors and KMP of Island Star Mall Developers Private Limited are:
- Sumeet Anand - Director
- Varun Parwal - Director
- Sanjay Sudam Wagaskar - Managing Director
- Chalsani Rohan - Director
- Rajesh Meharia - Cfo
- Shweta Pradeep Vyas - Director
- Gajendra Rathaur Singh - Managing Director
The primary industry of Island Star Mall Developers Private Limited is business services. The company specifically operates in mall and retail management. The company is currently active in this sector.
Island Star Mall Developers Private Limited can be reached at the registered office: CO Marketcity Resources Pvt Ltd R Hosiery Bldg Gr Floor Laxmi Woollen Mills Estate Ma, Halaxmi, Mumbai, Maharashtra, India – 400011, or through the website phoenixmarketcity.com.
The authorised capital is ₹285 Cr, and the paid-up capital is ₹233.11 Cr.