Matrix Business Services India Private Limited

Provides verification and business assurance services to various industries with 1400+ employees.

2003 | Chennai, Tamil Nadu (India) | Active
Last Updated: January 20, 2025

Matrix Business Services India Profile

Key Indicators

  • Authorised Capital ₹ 6.00 M
  • Paid Up Capital ₹ 3.84 M
  • Company Age 21 Year, 5 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 five 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

    matrixbsindia.com

  • 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.

Who are the key members and board of directors at Matrix Business Services India?

Executive Team (1)

NameDesignationAppointment DateStatus
Panchanathan Ravishankar Country flag representing In CEO28-Feb-2023Current

Board Members (6)

NameDesignationAppointment DateStatus
Raghunandana Tangirala Country flag representing In Director 26-Apr-2019Current
Muralidharan Vellore Country flag representing In Director 18-Aug-2022Current
Pondicherry Balasubramanian Country flag representing In Director 22-Apr-2006Current
Santhanam Madhavan Country flag representing In Director 26-Apr-2019Current
Sangeeta Sumesh Country flag representing In Director 24-Jun-2022Current
Panchanathan Ravishankar Country flag representing In Whole-Time Director and Ceo 23-Apr-2024Current

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%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
18.89%
Revenue from Operations
20.26%
Total Assets
7.41%
Profit or Loss
5.32%
Net Worth
7.58%
EBITDA
15.43%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹120.00 M

Satisfied Charges

₹6.46 M

Charges Breakdown by Lending Institutions

  • Others : 12.00 Cr

Latest Charge Details

DateLenderAmountStatus
14 Jul 2023Others₹12.00 CrOpen
09 Nov 2006Axis Bank Limited₹6.46 MSatisfied

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

Graph displaying rating trends over time

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

Alert Indicator

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.

    28 Jun 2024

  • 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 9 months 30 days .

    23 Apr 2024

  • Balance Sheet

    Matrix Business Services India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 120.00 M with Charge ID 100749920 was registered on 14 Jul 2023.

    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 6 months .

    18 Aug 2022

  • 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 7 months .

    24 Jun 2022

Recent News, Updates & Announcement

Frequently asked questions

  • Matrix Business Services India Private Limited was incorporated on 29 Aug 2003.

  • The authorized share capital of Matrix Business Services India Private Limited is ₹ 6.00 M and paid-up capital is ₹ 3.84 M.

  • 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
  • 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.

  • 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).

  • The Official website of Matrix Business Services India Private Limited is https://www.matrixbsindia.com

  • 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%.

  • As Per 2023 financial reports, 1436 employees are currently employed by Matrix Business Services India Private Limited.

  • 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%.

  • 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.

  • 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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