About Phoenix IT City Private Limited
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Phoenix IT City Private Limited is a private limited company based in Hyderabad, Telangana, India, a subsidiary of Phoenix Infratech (India) Private Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 14 October 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U70102TG2008PTC061391. Its GSTIN is 36AAECP8432C1ZK (Telangana). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Phoenix Dwellings Private Limited. It is led by directors Jagadeesh Babu Ramanathan and Aakash Chukkapalli.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Hyderabad, Telangana.
As per the financials filed for FY 2025, the company reported a revenue of ₹58.81 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹4.6 Cr (net margin 7.8%) and EBITDA of ₹9.1 Cr (EBITDA margin 15.5%).
The company has about 28 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1,776.05 Cr and satisfied charges of ₹2,386.1 Cr on record. Court records list 4 cases involving the company, including 1 filed by the company and 3 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website phoenixindia.net.
Company details
CIN history
Phoenix IT City has one previous CIN (Corporate Identification Number): U70102AP2008PTC061391. The current CIN is U70102TG2008PTC061391, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70102TG2008PTC061391 | Current |
| U70102AP2008PTC061391 | Previous |
Contact details
Phoenix IT City Private Limited's registered office is in Hyderabad, Telangana. Its website is phoenixindia.net. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPhoenix 285 Financial District Tower – 1, 18th Floor Survey No.285/P Gachibowli Village, Hyderabad, Telangana, India – 500089
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Phoenix IT City 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
Business activity
The main business activity of Phoenix IT City is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Phoenix IT City Private Limited, buy the company report.
Financials of Phoenix IT City Private Limited
FY 2024 filings availablePhoenix IT City Private Limited reported revenue of ₹58.81 Cr (up 320% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 320% in the latest year. EBITDA rose 862% 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 | ₹9.1 Cr | ||||
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| Net Profit (PAT) | ₹4.6 Cr | ||||
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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 | 15.5% | ||||
| Net Profit Margin | 7.8% | ||||
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To see the full financial statements and ratios of Phoenix IT City Private Limited, buy the company report.
Board of directors of Phoenix IT City Private Limited
Phoenix IT City has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jagadeesh Babu Ramanathan | Director | 25 Apr 2011 | 15 Years 6 Months | Current |
| Aakash Chukkapalli Also directs: Premier Motorcycles LLP, Phoenix Efs Ifm Services Private Limited, Phoenix Auto World Private Limited and 5 more | Director | 22 May 2018 | 8 Years 5 Months | Current |
Peer comparison
Phoenix IT City Private Limited is compared with the 3 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Savfab Buildtech Private Limited | ₹58.9 Cr (FY 2025) | -2.0% | Delhi, India | |||
| Meeti Developers Private Limited | ₹58.82 Cr (FY 2018) | 5407.0% | Mumbai, Maharashtra, India | |||
| Phoenix IT City Private Limitedthis company | ₹58.81 Cr (FY 2025) | ₹4.6 Cr | 7.8% | 320.0% | 28 | Hyderabad, Telangana, India |
| Aspg Infra Global Private Limited | ₹58.79 Cr (FY 2025) | 4.0% | New Delhi, Delhi, India |
To see the full peer comparison of Phoenix IT City Private Limited, buy the company report.
Auditor
Phoenix IT City Private Limited is audited by Bhanu Murali & Co. for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Bhanu Murali & Co. | FY 2021 | 014993S |
Shareholding
The shareholding of Phoenix IT City Private 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 Phoenix IT City Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 May 2025 | 101102513 | Idbi Trusteeship Services Limited | ₹100 Cr | Open | |
| 24 Apr 2025 | 101088762 | Idbi Trusteeship Services Limited | ₹1,375 Cr | Open | |
| 28 Mar 2025 | 101082366 | Others | ₹200 Cr | Open | |
| 26 Mar 2025 | 101082782 | Others | ₹100 Cr | Open | |
| 06 Jan 2020 | 100318797 | Hdfc Bank Limited | ₹1.05 Cr | Open |
To see the full charge records of Phoenix IT City Private Limited, buy the company report.
Total charge records: 12 View all charges
Legal cases
Phoenix IT City Private Limited has 4 court cases on record: 1 filed by Phoenix IT City, 3 filed against it. 3 cases are pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 2 |
| High courts | 2 | 2 | 1 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Hyderabad CCC, Telangana | Court case (COS) | Filed by the company against Makeorbuy Contracting Private Limited and 3 others | Pending |
| Bombay High Court | Court case (COMIP) | Filed against the company by The Phoenix Mills Limited | Pending |
| District court, Rangareddy, Telangana | Court case (COS) | Filed against the company | Pending |
| High Court for State of Telangana | Writ petition | Filed against the company | Disposed |
To see the full case history of Phoenix IT City 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 Phoenix IT City Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Phoenix IT City Private Limited has a workforce of 28 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Phoenix IT City has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAECP8432C1ZK | Telangana | Active | 01 Jul 2017 |
| 36AAECP8432C2ZJ | Telangana | Active | 05 Dec 2018 |
To see the full GST registrations and return filing status of Phoenix IT City Private Limited, buy the company report.
Recent activity
Phoenix IT City Private Limited has 9 board changes on record since 2011: 2 appointments and 7 cessations. The latest: Umanja Venkata Satya Siva Srihari Kolla ceased to be Director on 04 Jan 2023.
23 earlier events are in the company report.
Frequently asked questions
Phoenix IT City is an active private limited company based in Hyderabad, Telangana, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 14 October 2008 (18+ years old) and is registered under CIN U70102TG2008PTC061391.
Phoenix IT City has 2 current directors:
- Jagadeesh Babu Ramanathan - Director
- Aakash Chukkapalli - Director
The latest financial statements of Phoenix IT City on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Phoenix IT City is 36AAECP8432C1ZK, registered in Telangana. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 36AAECP8432C2ZJ (Telangana).
The CIN (Corporate Identification Number) of Phoenix IT City is U70102TG2008PTC061391. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Phoenix IT City has 4 court cases on record: 1 filed by the company and 3 filed against it. 3 are pending. Most are in the district courts.
Phoenix IT City was incorporated on 14 October 2008, making it 18+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Phoenix IT City by revenue are Savfab Buildtech Private Limited, Meeti Developers Private Limited, Aspg Infra Global Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Umanja Venkata Satya Siva Srihari Kolla ceased to be Director on 04 Jan 2023. Anish Champaklal Shah ceased to be Nominee Director on 25 Feb 2021. Mangalam Padmapriya Sridharan ceased to be Director on 21 Oct 2019. Phoenix IT City has 9 board changes on record in total.
Phoenix IT City can be reached through the website phoenixindia.net. Its registered office is in Hyderabad, Telangana, India.
The registered office of Phoenix IT City is at Phoenix 285 Financial District Tower – 1, 18th Floor Survey No.285P Gachibowli Village, Hyderabad, Telangana, India – 500089.
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