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The Phoenix Mills Ltd (Phoenix Mills) is an investment holding company. Its business activities include the real estate development, planning, execution, marketing, management, maintenance, and sale of shopping, entertainment, commercial, residential, and hospitality assets. Phoenix Mills’ property and related services unit provides mall and office areas on a license basis. The company's project portfolio includes Phoenix Palladium, Phoenix Marketcity, Phoenix United, Phoenix Palassio and Phoenix Citadel, among others. It operates commercial centers across Mumbai, Chennai, Bangalore, Agra, Pune, Raipur and Indore, India. Phoenix Mills is headquartered in Mumbai, Maharashtra. India.
The Phoenix Mills Ltd premium industry data and analytics
Products and Services
| Services |
|---|
| Ownership, Management and Development of Retail-led Mixed-Use Properties |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Regulatory Approval | In September, Coimbatore Sameera Investments Private Limited, Dhanalakshmi Engineering Private Limited, Pulankinar Investment and Finance Private Limited, Shanthi Chandran Enterprisers Private Limited, Shanthi Chandran Investments Coimbatore Private Limited and Sheela Traders Private Limited secured approval from the National Company Law Tribunal, Chennai Bench to merge with Astrea Real Estate Developers Private Limited. |
| 2026 | Acquisitions/Mergers/Takeovers | In August, the company acquired stake in Mindstone Mall Developers Private Limited. |
| 2025 | Corporate Changes/Expansions | In December, Bellona Hospitality launched its two flagship restaurants, Ishaara and Cha. |
Competitor Comparison
| Key Parameters | The Phoenix Mills Ltd | Prestige Estates Projects Ltd | Brigade Enterprises Ltd | Nexus Select Trust | Peninsula Land Ltd |
|---|---|---|---|---|---|
| Headquarters | India | India | India | India | India |
| City | Mumbai | Bengaluru | Bengaluru | Mumbai | Mumbai |
| State/Province | Maharashtra | Karnataka | Karnataka | Maharashtra | Maharashtra |
| No. of Employees | 96 | 11,092 | 1,351 | 601 | 200 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Atul Ashokkumar Ruia | Chairman | Executive Board | - | - |
| Shishir Shrivastava | Vice Chairman | Executive Board | 2025 | 47 |
| Rashmi Sen | Chief Executive Officer - Malls; Director | Executive Board | 2023 | - |
| Rajesh Kulkarni | Director; Chief Executive Officer - Projects Delivery and Architecture | Executive Board | 2014 | 52 |
| Varun Chhibber | Chief Executive Officer - Hotels; President - Malls | Senior Management | 2026 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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