About Mative Private Limited
Data last updated:
Mative Private Limited is a private limited company based in Jalore, Rajasthan, India, recognised as a startup by DPIIT. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 27 November 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U74999RJ2018PTC063109. Its GSTIN is 08AAMCM2538C1ZJ (Rajasthan). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Praveen Suthar and Mukesh Suthar.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Shanti Lal S/O Thana Ram Ji Suthar Shastri Nagar Purana Bus Stand, Jalore, Rajasthan, India – 343001.
As per the financials filed for FY 2024, the company reported a revenue of ₹13.26 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹14,429 (net margin -1.1%) and EBITDA of ₹36,568 (EBITDA margin 2.8%). Revenue has grown at a compounded annual rate (CAGR) of 43% over three years and 17% over five years.
The company is associated with 1 brand: Practive.
For more details, the company can be reached via its website mative.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressShanti Lal S/O Thana Ram Ji Suthar Shastri Nagar Purana Bus Stand, Jalore, Rajasthan, India – 343001
- IndustryInformation Technology, Application Development & Software Solutions
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Business Activity of Mative Private Limited
The main business activity of Mative is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Mative Private Limited FY 2025 filings available
Mative Private Limited reported revenue of ₹13.26 Lakh (up 377% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Mative Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 17% over five years, including 377% growth in the latest year. EBITDA rose 680% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Mative Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹36,568 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹14,429 | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Mative Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -1.1% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Mative are in the company report.
Financial statements from FY 2019
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Mative Private Limited
Mative Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other information & communication service activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Nextdrop Smart Water Systems Private Limited | ₹13.28 Lakh (FY 2021) | •••• | •••• | -14.0% | •••• | Bangalore, Karnataka, India |
| Orasync Solutions India Private Limited | ₹13.28 Lakh (FY 2024) | •••• | •••• | 42.0% | •••• | Greater Noida, Uttar Pradesh, India |
| Vuha Infotech Private Limited | ₹13.28 Lakh (FY 2022) | •••• | •••• | 6221.0% | •••• | Hyderabad, Telangana, India |
| Edicent Quality Registrar Private Limited | ₹13.27 Lakh (FY 2018) | •••• | •••• | 0.0% | •••• | Delhi, India |
| Catawing Cybernetics Private Limited | ₹13.27 Lakh (FY 2024) | •••• | •••• | 1.0% | •••• | Bangalore, Karnataka, India |
| Mative Private Limited this company | ₹13.26 Lakh (FY 2024) | •••• | •••• | 377.0% | •••• | Jalore, Rajasthan, India |
| Riddleindia Enterprises (OPC) Private Limited | ₹13.26 Lakh (FY 2025) | •••• | •••• | 213.0% | •••• | Jamshedpur, Jharkhand, India |
| Zyconica Solutions Private Limited | ₹13.25 Lakh (FY 2024) | •••• | •••• | -16.0% | •••• | Gorakhpur, Uttar Pradesh, India |
| A1abi Private Limited | ₹13.25 Lakh (FY 2022) | •••• | •••• | 160.0% | •••• | Chellandipalayam, Tamil Nadu, India |
| Ganesha Digitech Private Limited | ₹13.25 Lakh (FY 2024) | •••• | •••• | -24.0% | •••• | New Delhi, Delhi, India |
| Dyadic Health Private Limited | ₹13.25 Lakh (FY 2024) | •••• | •••• | 50.0% | •••• | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Mative by revenue in the same principal business activity (Other information & communication service activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Mative Private Limited
Mative Private Limited is audited by AVINASH DAIYA for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| AVINASH DAIYA | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Mative Private Limited
Mative has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Praveen Suthar | Director | 27 Nov 2018 | 7 Years 10 Months | Current |
| Mukesh Suthar | Director | 27 Nov 2018 | 7 Years 10 Months | Current |
Ownership and Shareholding of Mative Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Mative Private Limited
Mative Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Mative Private Limited
Mative operates one associated brand: Practive. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Web-based software for task, employee, and client management in accounting firms. | practive.in |
Employees and EPFO Compliance at Mative Private Limited
Employment history and EPFO contributions of people linked to Mative.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Mative Private Limited
Mative Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Mukesh Suthar was appointed as Director on 27 Nov 2018.
Credit Ratings, Litigation & Regulatory Alerts for Mative Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Mative Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Mative Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Mative Private Limited
Mative has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AAMCM2538C1ZJ | Rajasthan | Active | 10 Nov 2020 |
| 24AAMCM2538C1ZP | Gujarat | Active | 11 Feb 2020 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Mative Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Mative Private Limited
Mative is an active private limited company based in Jalore, Rajasthan, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 27 November 2018 (8+ years old) and is registered under CIN U74999RJ2018PTC063109.
Mative reported revenue of ₹13.26 Lakh for FY 2024 (up 377% YoY).
Mative has 2 current directors:
- Praveen Suthar - Director
- Mukesh Suthar - Director
Mative reported a net loss of ₹14,429 (net margin -1.1%) and EBITDA of ₹36,568 (EBITDA margin 2.8%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Mative is -43% over three years and 17% over five years. In the latest year (FY 2024) revenue rose 377%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Mative is 08AAMCM2538C1ZJ, registered in Rajasthan. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 24AAMCM2538C1ZP (Gujarat).
The CIN (Corporate Identification Number) of Mative is U74999RJ2018PTC063109. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mative was incorporated on 27 November 2018, making it 8+ years old. It is registered with the Registrar of Companies, Jaipur.
The peers of Mative by revenue are Nextdrop Smart Water Systems Private Limited, Orasync Solutions India Private Limited, Vuha Infotech Private Limited, Edicent Quality Registrar Private Limited, Catawing Cybernetics Private Limited and 5 more, all in the same principal business activity (Other information & communication service activities).
Mukesh Suthar was appointed as Director on 27 Nov 2018. Praveen Suthar was appointed as Director on 27 Nov 2018.
Yes, Mative is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).