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About the company
The Phoenix Mills Limited is an India-based owner, operator and developer of retail-led mixed-use destinations. The Company is engaged in the development and leasing of commercial and retail space. Through its retail-led mixed-use developments, comprising retail malls, commercial offices and hospitality assets, the Company also builds residential assets. Its segments include Property and Related Services, Hospitality Services, and Residential Business. Its Property and Related Services segment provides mall /office areas on a license basis and the development of commercial / residential properties. Its Hospitality Services segment is engaged in the operation of hotels and restaurants. Its Residential Business is involved in the sale of residential properties. Its operations span across various aspects of real estate development, planning, execution, marketing, management, maintenance and sales. It has a presence in Mumbai, Bengaluru, Pune, Chennai, Agra, Indore, Lucknow, and Bareilly.
- Revenue in INR (TTM)42.06bn
- Net income in INR10.89bn
- Incorporated1905
- Employees116.00
- LocationPhoenix Mills LtdIt 14-15, EPIP, SitapuraMUMBAI 400011IndiaIND
- Phone+91 2 230016600
- Fax+91 2 230016601
- Websitehttps://www.thephoenixmills.com/
Mergers & acquisitions
| Acquired company | PHOENIXLTD:NSI since announced | Transaction value |
|---|---|---|
| Island Star Mall Developers Pvt Ltd | 12.35% | 630.91m |
| Holder | Shares | % Held |
|---|---|---|
| Schroder Investment Management (Hong Kong) Ltd.as of 19 Jun 2024 | 12.91m | 3.61% |
| Singapore InvestCorp (India) Pvt Ltd.as of 31 Dec 2025 | 8.20m | 2.29% |
| The Vanguard Group, Inc.as of 04 Feb 2026 | 7.91m | 2.21% |
| Axis Asset Management Co. Ltd.as of 31 Jan 2026 | 7.60m | 2.13% |
| ICICI Prudential Asset Management Co. Ltd. (Invt Mgmt)as of 31 Jan 2026 | 6.44m | 1.80% |
| Polar Capital LLPas of 31 Dec 2025 | 5.33m | 1.49% |
| DSP Asset Managers Pvt. Ltd.as of 31 Jan 2026 | 5.28m | 1.48% |
| BlackRock Fund Advisorsas of 06 Feb 2026 | 4.93m | 1.38% |
| UTI Asset Management Co. Ltd. (Investment Management)as of 31 Jan 2026 | 4.75m | 1.33% |
| Nomura Asset Management Singapore Ltd.as of 12 Sep 2025 | 3.42m | 0.96% |
