Matex Net Profile
Key Indicators
- Authorised Capital ₹ 3.00 Cr
- Paid Up Capital ₹ 2.25 Cr
- Company Age 29 Year, 6 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 6.32 M
- Satisfied Charges ₹ 1.55 Cr
- Revenue Growth 14.75%
- Profit Growth -19.54%
- Ebitda 246.27%
- Net Worth 20.65%
- Total Assets 46.22%
About Matex Net
Matex Net Private Limited (MNPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 27 July 1995 and has a history of 29 years and six months. Its registered office is in Chennai, Tamil Nadu, India.
The Corporate was formerly known as Jnn Matex Private Limited. The Company is engaged in the E-Commerce 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 3.00 Cr and a paid-up capital of Rs 2.25 Cr.
The company currently has active open charges totaling ₹6.32 M. The company has closed loans amounting to ₹1.55 Cr, as per Ministry of Corporate Affairs (MCA) records.
Kunnawalkam Ranganathan, Venkata Sankar, and Sundaresan Yogeshwaran serve as directors at the Company.
Company Details
- Location
Chennai, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U72900TN1995PTC136584
- Company No.
018388
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
27 Jul 1995
- Date of AGM
27 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Who are the key members and board of directors at Matex Net?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sundaresan Yogeshwaran  | Managing Director | 27-Jul-1995 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Kunnawalkam Ranganathan | Director | 08-Apr-2024 | Current |
| Venkata Sankar | Director | 10-Aug-2017 | Current |
Financial Performance of Matex Net.
Matex Net Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 14.75% increase. The company also saw a substantial fall in profitability, with a 19.54% decrease in profit. The company's net worth Soared by an impressive increase of 20.65%.
- Key Matrics
- Balance Sheet
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- Cash Flow
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What is the Ownership and Shareholding Structure of Matex Net?
In 2022, Matex Net had a public holding of 37.72%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Thejomaya Educational Services Private LimitedSundaresan Yogeshwaran is a mutual person
Simplified Procurement Services Private LimitedVenkata Sankar and Sundaresan Yogeshwaran are mutual person
Shellac And Forest Products Export Promotion CouncilVenkata Sankar is a mutual person
Butterfly Gandhimathi Appliances LimitedKunnawalkam Ranganathan is a mutual person
Rdc Concrete(India) LimitedKunnawalkam Ranganathan is a mutual person
Roca Bathroom Products Private LimitedKunnawalkam Ranganathan is a mutual person
Charges (Loans)
₹0.63 Cr
₹1.55 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 0.63 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Jun 2023 | Hdfc Bank Limited | ₹5.72 M | Open |
| 30 Apr 2021 | Hdfc Bank Limited | ₹0.59 M | Open |
| 30 Nov 2020 | Hdfc Bank Limited | ₹1.05 M | Satisfied |
| 01 Oct 2011 | Axis Bank Limited | ₹6.45 M | Satisfied |
| 01 Oct 2008 | Federal Bank Limited | ₹6.50 M | Satisfied |
How Many Employees Work at Matex Net?
Matex Net has a workforce of 123 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Matex Net, 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 Matex Net'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.
