Phoenix It City Profile
Key Indicators
- Authorised Capital ₹ 0.10 M
- Paid Up Capital ₹ 0.10 M
- Company Age 16 Year, 5 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 1,146.05 Cr
- Satisfied Charges ₹ 1,241.10 Cr
About Phoenix It City
Phoenix It City Private Limited (PICPL) is a Private Limited Indian Non-Government Company incorporated in India on 14 October 2008 and has a history of 16 years and five months. Its registered office is in Hyderabad, Telangana, India.
The Corporate was formerly known as Phoenix Dwellings Private Limited. The Company is engaged in the Real Estate And Construction Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. 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 ₹1,146.05 Cr. The company has closed loans amounting to ₹1,241.10 Cr, as per Ministry of Corporate Affairs (MCA) records.
Jagadeesh Ramanathan and Aakash Chukkapalli serve as directors at the Company.
Company Details
- Location
Hyderabad, Telangana, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U70102TG2008PTC061391
- Company No.
061391
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
14 Oct 2008
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Hyderabad
Industry
Real Estate and Construction
Who are the key members and board of directors at Phoenix It City?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Jagadeesh Ramanathan  | Director | 25-Apr-2011 | Current |
| Aakash Chukkapalli | Director | 22-May-2018 | Current |
Financial Performance of Phoenix It City.
Phoenix It City Private Limited, for the financial year ended 2021, experienced no change in revenue, with a 0% increase. The company also saw a no change in profitability, with a 0% increase in profit. The company's net worth witnessed no change by increase of 0%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue | |||||||
| Revenue from Operations | |||||||
| Total Assets | |||||||
| Profit or Loss | |||||||
| Net Worth | |||||||
| EBITDA |
What is the Ownership and Shareholding Structure of Phoenix It City?
In 2023, Phoenix It City had a promoter holding of 99.99% and a public holding of 0.01%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Phoenix Infocity Private Limited
Jagadeesh Ramanathan is a mutual person
- Phoenix Spaces Private Limited
Jagadeesh Ramanathan is a mutual person
- Phoenix Tech Zone Private Limited
Jagadeesh Ramanathan is a mutual person
- Phoenix Infra Zone Private Limited
Jagadeesh Ramanathan is a mutual person
- Phoenix Avenues Private Limited
Jagadeesh Ramanathan is a mutual person
- Phoenix Efs Ifm Services Private Limited
Aakash Chukkapalli is a mutual person
Charges (Loans)
Open Charges
₹11,460.45 M
Satisfied Charges
₹12,411.00 M
Charges Breakdown by Lending Institutions
- Idbi Trusteeship Services Limited : 745.00 Cr
- Others : 400.00 Cr
- Hdfc Bank Limited : 1.05 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 Jul 2023 | Others | ₹400.00 Cr | Open |
| 03 Sep 2022 | Idbi Trusteeship Services Limited | ₹120.00 Cr | Open |
| 04 May 2021 | Idbi Trusteeship Services Limited | ₹625.00 Cr | Open |
| 06 Jan 2020 | Hdfc Bank Limited | ₹1.05 Cr | Open |
| 30 Dec 2020 | Idbi Trusteeship Services Limited | ₹241.10 Cr | Satisfied |
How Many Employees Work at Phoenix It City?
Phoenix It City has a workforce of 28 employees as of Apr 06, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Phoenix It City, 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 Phoenix It City's trajectory.
Rating
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
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 Phoenix It City
Recent activity within the organization
- Annual General Meeting
Phoenix It City Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Charges
A charge with Others amounted to Rs. 4,000.00 M with Charge ID 100764454 was registered on 11 Jul 2023.
- Charges
A charge registered on 30 Dec 2020 via Charge ID 100408956 with Idbi Trusteeship Services Limited was fully satisfied on 10 Apr 2023.
- Balance Sheet
Phoenix It City Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.
- Charges
A charge with Idbi Trusteeship Services Limited of Rs. 1,200.00 M registered on 03 Sep 2022 with Charge ID 100610043 was modified on 25 Jan 2023.
- Charges
A charge with Idbi Trusteeship Services Limited of Rs. 6,250.00 M registered on 04 May 2021 with Charge ID 100445503 was modified on 20 Sep 2022.
Recent News, Updates & Announcement
Xander Group Inc. to Invest $3B in India's Real Estate Amidst NBFC Crisis, Prioritizing Commercial Offices and Warehousing.Xander Group Inc. plans to invest $3 billion in India's real estate, focusing on commercial offices and warehousing. The ongoing NBFC crisis may lead to a funding crunch in the short term, causing defaults and delays in repayments. Xander's strategy is to focus on income-based investments, such as retail, office, and credit. They are actively looking for acquisitions in the office segment and plan to venture into the logistics and warehousing sector..
- Xander to invest Rs 2,550 crore to acquire 4.5 million sq ft Office Projects in Hyderabad.
Located in Gachibowli, the buildings will be delivered in phases between 2020 and 2023, Xander said in a statement..
Frequently asked questions
What is the Incorporation or founding date of Phoenix It City Private Limited?
Phoenix It City Private Limited was incorporated on 14 Oct 2008.
What is authorized share capital and paid-up capital of Phoenix It City Private Limited?
The authorized share capital of Phoenix It City Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.
Who are the current board members & directors of Phoenix It City Private Limited?
Currently 2 directors are associated with Phoenix It City Private Limited.
- Jagadeesh Babu Ramanathan
- Aakash Chukkapalli
What is the registered address of Phoenix It City Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Phoenix It City Private Limited is Plot No.1335 Road No.45 Jubilee Hills, India, Hyderabad, Telangana, 500033.
What is the corporate identification number (CIN) and company number of Phoenix It City Private Limited?
The corporate identification number (CIN) of Phoenix It City Private Limited is U70102TG2008PTC061391 and the company number is 061391 as per Ministry of Corporate Affairs (MCA).
What is the official website of Phoenix It City Private Limited?
The Official website of Phoenix It City Private Limited is https://www.phoenixindia.net
How many employees does Phoenix It City Private Limited currently have?
As Per 2021 financial reports, 28 employees are currently employed by Phoenix It City Private Limited.
What are the total open charges for Phoenix It City Private Limited?
As per the financial statements for fiscal Year 2021, The total open charges for Phoenix It City Private Limited amount to ₹ 1,146.05 Cr.
When was the last Balance Sheet of Phoenix It City Private Limited filed with the ROC?
The most recent Balance Sheet for Phoenix It City Private Limited was filed with the ROC on 31 Mar 2023.
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