Matrix Business Services India Profile
Key Indicators
- Authorised Capital ₹ 6.00 M
- Paid Up Capital ₹ 3.84 M
- Company Age 21 Year, 7 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 12.00 Cr
- Satisfied Charges ₹ 6.46 M
- Revenue Growth 18.89%
- Profit Growth 5.32%
- Ebitda 15.43%
- Net Worth 7.58%
- Total Assets 7.41%
About Matrix Business Services India
Matrix Business Services India Private Limited (MBSIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 29 August 2003 and has a history of 21 years and seven months. Its registered office is in Chennai, Tamil Nadu, India.
The Corporate was formerly known as Mavis Business Services Private Limited. The Company is engaged in the Travel And Hospitality 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 6.00 M and a paid-up capital of Rs 3.84 M.
The company currently has active open charges totaling ₹12.00 Cr. The company has closed loans amounting to ₹6.46 M, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Matrix Business Services India Private Limited India is Panchanathan Ravishankar as CEO. Pondicherry Balasubramanian, Raghunandana Tangirala, Muralidharan Vellore, and Three other members 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
U74140TN2003PTC051482
- Company No.
051482
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
29 Aug 2003
- Date of AGM
28 Jun 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Travel and Hospitality
What products or services does Matrix Business Services India Private Limited offer?
Matrix Business Services India Private Limited offers a wide range of products and services, including ISO & Quality Management Consultants, Certification Services, Data Entry & Data Processing Service, Database Management, Business Planning and Management, Business Consultant.
Matrix Business Services India Private Limited
Explore comprehensive data for Matrix Business Services India Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Matrix Business Services India?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Panchanathan Ravishankar  | CEO | 28-Feb-2023 | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Raghunandana Tangirala | Director | 26-Apr-2019 | Current |
| Muralidharan Vellore | Director | 18-Aug-2022 | Current |
| Pondicherry Balasubramanian | Director | 22-Apr-2006 | Current |
| Santhanam Madhavan | Director | 26-Apr-2019 | Current |
| Sangeeta Sumesh | Director | 24-Jun-2022 | Current |
| Panchanathan Ravishankar | Whole-Time Director and Ceo | 23-Apr-2024 | Current |
Financial Performance of Matrix Business Services India.
Matrix Business Services India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 18.89% increase. The company also saw a slight improvement in profitability, with a 5.32% increase in profit. The company's net worth moved up by a moderate rise of 7.58%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Matrix Business Services India?
In 2023, Matrix Business Services India had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Tekion India Private LimitedMuralidharan Vellore is a mutual person
Stanworth Management Private LimitedRaghunandana Tangirala is a mutual person
Southern India Chamber Of Commerce & IndustryMuralidharan Vellore is a mutual person
Updater Services LimitedRaghunandana Tangirala and Sangeeta Sumesh are mutual person
- Updater Services (Uds) Foundation
Raghunandana Tangirala is a mutual person
Fusion Foods And Catering Private LimitedRaghunandana Tangirala is a mutual person
Charges (Loans)
Open Charges
₹120.00 M
Satisfied Charges
₹6.46 M
Charges Breakdown by Lending Institutions
- Others : 12.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 Jul 2023 | Others | ₹12.00 Cr | Open |
| 09 Nov 2006 | Axis Bank Limited | ₹6.46 M | Satisfied |
How Many Employees Work at Matrix Business Services India?
Matrix Business Services India has a workforce of 1436 employees as of Apr 09, 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 Matrix Business Services India, 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 Matrix Business Services India'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 Matrix Business Services India
Recent activity within the organization
- Annual General Meeting
Matrix Business Services India Private Limited last Annual general meeting of members was held on 28 Jun 2024 as per latest MCA records.
- Director Appointment
Panchanathan Ravishankar was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 23 Apr 2024 & has been associated with this company since 11 months 21 days .
- Balance Sheet
Matrix Business Services India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
- Charges
A charge with Others amounted to Rs. 120.00 M with Charge ID 100749920 was registered on 14 Jul 2023.
- Director Appointment
Muralidharan Madhavan Vellore was appointed as a Director was appointed as a Director on 18 Aug 2022 & has been associated with this company since 2 years 7 months .
- Director Appointment
Sangeeta Sumesh was appointed as a Director was appointed as a Director on 24 Jun 2022 & has been associated with this company since 2 years 9 months .
Recent News, Updates & Announcement
- Kotak Mahindra Investments exits Matrix, sells 19.77% stake for Rs 10 crore.
Kotak Mahindra Investments Ltd, a wholly-owned subsidiary of Kotak Mahindra Bank, has executed a share purchase agreement for sale of its entire equity stake of 19.77 per cent in Matrix Business Services.
Frequently asked questions
What is the Incorporation or founding date of Matrix Business Services India Private Limited?
Matrix Business Services India Private Limited was incorporated on 29 Aug 2003.
What is authorized share capital and paid-up capital of Matrix Business Services India Private Limited?
The authorized share capital of Matrix Business Services India Private Limited is ₹ 6.00 M and paid-up capital is ₹ 3.84 M.
Who are the current board members & directors of Matrix Business Services India Private Limited?
Currently 7 directors are associated with Matrix Business Services India Private Limited.
- Pondicherry Chidambaram Balasubramanian
- Raghunandana Tangirala
- Muralidharan Madhavan Vellore
- Santhanam Madhavan
- Sangeeta Sumesh
- Panchanathan Ravishankar
- Panchanathan Ravishankar
What is the registered address of Matrix Business Services India Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Matrix Business Services India Private Limited is Sree Maha Madhi Towers New No.17 Arulambal Street, India, Chennai, Tamil Nadu, 600017.
What is the corporate identification number (CIN) and company number of Matrix Business Services India Private Limited?
The corporate identification number (CIN) of Matrix Business Services India Private Limited is U74140TN2003PTC051482 and the company number is 051482 as per Ministry of Corporate Affairs (MCA).
What is the official website of Matrix Business Services India Private Limited?
The Official website of Matrix Business Services India Private Limited is https://www.matrixbsindia.com
What has been the recent revenue trend for Matrix Business Services India Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Matrix Business Services India Private Limited has risen by 18.89%.
How many employees does Matrix Business Services India Private Limited currently have?
As Per 2023 financial reports, 1436 employees are currently employed by Matrix Business Services India Private Limited.
What change has been observed in the net worth of Matrix Business Services India Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Matrix Business Services India Private Limited has experienced an upsurge of 7.58%.
What are the total open charges for Matrix Business Services India Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Matrix Business Services India Private Limited amount to ₹ 12.00 Cr.
When was the last Balance Sheet of Matrix Business Services India Private Limited filed with the ROC?
The most recent Balance Sheet for Matrix Business Services India Private Limited was filed with the ROC on 31 Mar 2024.
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