Applicability of ind as

As per Rule-4 of the Companies( Indian Accounting Standard ) Rules,2015, if your Net Worth reaches INR 250crore or above in 2016-17, then you need to comply with Ind AS from 1st April, 2017.

Please refer Explanation to Rule-4. 

https://www.youtube.com/watch?v=rldGAPUm5As

You may refer to the link above to also understand the date of transition for Phase II companies. It is the net worth, and not the criteria of listed / unlisted that is applicable in Phase II.