Destiny Retail Mall Developers Private Limited

Develops and constructs real estate properties.

2007 | Mumbai, Maharashtra (India) | Active
Last Updated: November 16, 2024

Destiny Retail Mall Developers Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 17 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 550.00 Cr
  • Satisfied Charges ₹ 525.00 Cr
  • Revenue Growth 35.23%
  • Profit Growth 111.92%
  • Ebitda 24.78%
  • Net Worth -36.29%
  • Total Assets -4.69%

About Destiny Retail Mall Developers

Destiny Retail Mall Developers Private Limited (DRMDPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 31 August 2007 and has a history of 17 years and five months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Destiny Mall Developers Private Limited. The Company is engaged in the Business Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 0.10 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹550.00 Cr. The company has closed loans amounting to ₹525.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Shashie Kumar, Prashant Khandelwal, Lalit Jain, and Two other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    phoenixpalassio.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U55101MH2007PTC173673

  • Company No.

    173673

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    31 Aug 2007

  • Date of AGM

    11 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Business Services
Real Estate and Construction

Who are the key members and board of directors at Destiny Retail Mall Developers?

Executive Team (1)

NameDesignationAppointment DateStatus
Sanjeev Sarin Country flag representing In Managing Director31-Mar-2020Current

Board Members (4)

NameDesignationAppointment DateStatus
Prashant Khandelwal Country flag representing In Director 31-Mar-2020Current
Shashie Kumar Country flag representing In Director 19-Aug-2024Current
Lalit Jain Country flag representing In Director 19-Aug-2024Current
Amit Arora Country flag representing In Director 19-Aug-2024Current

Financial Performance of Destiny Retail Mall Developers.

Destiny Retail Mall Developers Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 35.23% increase. The company also saw a substantial improvement in profitability, with a 111.92% increase in profit. The company's net worth observed a substantial decline by a decrease of 36.29%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
35.23%
Revenue from Operations
35.39%
Total Assets
-4.69%
Profit or Loss
111.92%
Net Worth
-36.29%
EBITDA
24.78%

What is the Ownership and Shareholding Structure of Destiny Retail Mall Developers?

In 2023, Destiny Retail Mall Developers had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹5,500.00 M

Satisfied Charges

₹5,250.00 M

Charges Breakdown by Lending Institutions

  • Idbi Trusteeship Services Limited : 550.00 Cr

Latest Charge Details

DateLenderAmountStatus
16 Sep 2021Idbi Trusteeship Services Limited₹550.00 CrOpen
03 Aug 2018Others₹525.00 CrSatisfied

How Many Employees Work at Destiny Retail Mall Developers?

Destiny Retail Mall Developers has a workforce of 56 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Destiny Retail Mall Developers, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Destiny Retail Mall Developers's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Destiny Retail Mall Developers

Recent activity within the organization

  • Annual General Meeting

    Destiny Retail Mall Developers Private Limited last Annual general meeting of members was held on 11 Sep 2024 as per latest MCA records.

    11 Sep 2024

  • Director Appointment

    Shashie Kumar was appointed as a Director was appointed as a Director on 19 Aug 2024 & has been associated with this company since 6 months 6 days .

    19 Aug 2024

  • Director Appointment

    Lalit Jain was appointed as a Director was appointed as a Director on 19 Aug 2024 & has been associated with this company since 6 months 6 days .

    19 Aug 2024

  • Director Appointment

    Amit Arora was appointed as a Director was appointed as a Director on 19 Aug 2024 & has been associated with this company since 6 months 6 days .

    19 Aug 2024

  • Balance Sheet

    Destiny Retail Mall Developers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge with Idbi Trusteeship Services Limited amounted to Rs. 5,500.00 M with Charge ID 100483888 was registered on 16 Sep 2021.

    16 Sep 2021

Frequently asked questions

  • Destiny Retail Mall Developers Private Limited was incorporated on 31 Aug 2007.

  • The authorized share capital of Destiny Retail Mall Developers Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 5 directors are associated with Destiny Retail Mall Developers Private Limited.

    • Shashie Kumar
    • Prashant Shriram Khandelwal
    • Lalit Jain
    • Sanjeev Sarin
    • Amit Arora
  • As per Ministry of Corporate Affairs (Mca), the registered address of Destiny Retail Mall Developers Private Limited is C/O Market City Resources Pvt. Ltd Ground Floor R.R. Hosiery Bldg, Shree Luxmi Woollen Mi Lls Estate India, Mahalaxmi, Maharashtra, 400011.

  • The corporate identification number (CIN) of Destiny Retail Mall Developers Private Limited is U55101MH2007PTC173673 and the company number is 173673 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Destiny Retail Mall Developers Private Limited is https://www.phoenixpalassio.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Destiny Retail Mall Developers Private Limited has risen by 35.23%.

  • As Per 2023 financial reports, 56 employees are currently employed by Destiny Retail Mall Developers Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Destiny Retail Mall Developers Private Limited has experienced an downturn of -36.29%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Destiny Retail Mall Developers Private Limited amount to ₹ 550.00 Cr.

  • The most recent Balance Sheet for Destiny Retail Mall Developers Private Limited was filed with the ROC on 31 Mar 2024.

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