About Mather Projects Private Limited
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Mather Projects Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 27 June 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70102MH2007PTC171711. Its GSTIN is 32AALCS3418A1ZU (Kerala).
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹17.43 Lakh. It was formerly known as Space Realty Projects Private Limited. It is led by directors including Rahul Paramannil (Whole-Time Director) and Marottical Meethiyan Salim (Whole-Time Director).
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹66.89 Lakh, a growth of 145% compared to the previous year. For the same year it recorded a net loss of ₹52.62 Lakh (net margin -78.7%) and EBITDA of -₹28.36 Lakh (EBITDA margin -42.4%). Revenue has declined at a compounded annual rate (CAGR) of 6% over three years and 12% over five years.
The company has about 5 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹15 Lakh and satisfied charges of ₹147.29 Cr on record. Court records list 107 cases involving the company, including 41 filed by the company and 66 filed against it; 16 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website matherprojects.com.
Company details
Contact details
Mather Projects Private Limited's registered office is in Mumbai, Maharashtra. Its website is matherprojects.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressB – 27 Floor – Grd Plot – 8 Pt F1 Bldg B Wing Bgta Girnar Premisse Soc Ltd Truck Terminal, Antop Hill, Mumbai, Maharashtra, India – 400037
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Mather Projects Private Limited, buy the company report.
- 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
Business activity
The main business activity of Mather Projects is construction. In detail, this covers construction of buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | 41 | Construction of buildings |
To see the full business activity and turnover split of Mather Projects Private Limited, buy the company report.
Financials of Mather Projects Private Limited
FY 2025 filings availableMather Projects Private Limited reported revenue of ₹66.89 Lakh (up 145% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 145% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 12%. EBITDA rose 76% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹28.36 Lakh | ||||
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| Net Profit (PAT) | -₹52.62 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | -42.4% | ||||
| Net Profit Margin | -78.7% | ||||
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To see the full financial statements and ratios of Mather Projects Private Limited, buy the company report.
Board of directors of Mather Projects Private Limited
Mather Projects has 4 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shaffi Kakanattil Ibrahimkutty Mohammed Mather Also directs: Mather and Co Pvt Ltd, Murgency Global Services Private Limited, Zenplus Private Limited and 2 more | Director | 01 Feb 2022 | 4 Years 8 Months | Current |
| Rahul Paramannil Also directs: Archist Foundation, Futurise Builders and Developers Private Limited, Amun Builders and Developers Private Limited and 5 more | Whole-Time Director | 08 Aug 2017 | 9 Years 2 Months | Current |
| Marottical Meethiyan Salim Also directs: Archist Foundation, Rhea Realty Private Limited, Domino Builders Private Limited and 5 more | Whole-Time Director | 08 Aug 2017 | 9 Years 2 Months | Current |
| Poulose Poulose Theppala | Director | 18 Oct 2015 | 11 Years 0 Months | Current |
Auditor
Mather Projects Private Limited is audited by MENON & MENON for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MENON & MENON | FY 2023 | 002060S |
Shareholding
The shareholding of Mather Projects Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mather Projects Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Oct 2023 | 100791545 | Others | ₹15 Lakh | Open | |
| 29 Aug 2017 | 100122662 | Others | ₹8.25 Cr | Satisfied | |
| 22 Jan 2016 | 10620652 | The Federal Bank Limited | ₹29 Lakh | Satisfied | |
| 16 Jul 2015 | 10590585 | State Bank of India | ₹32 Cr | Satisfied | |
| 29 Jan 2015 | 10551275 | The Federal Bank Limited | ₹15 Cr | Satisfied |
To see the full charge records of Mather Projects Private Limited, buy the company report.
Total charge records: 19 View all charges
Legal cases
Mather Projects Private Limited has 107 court cases on record: 41 filed by Mather Projects, 66 filed against it. 16 cases are pending and 91 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 62 | 28 | 10 |
| District courts | 28 | 21 | 5 |
| NCLAT | 15 | 15 | 0 |
| Supreme Court | 1 | 1 | 1 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 107)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Kerala | Writ petition | Filed by the company against Kochi Metro Rail Limited | Disposed |
| District court, Ernakulam, Kerala | Execution petition | Filed against the company by M. S. Kalliyath Developers Pvt. Ltd | Disposed |
| District court, Ernakulam, Kerala | Court case (MA(Arb)) | Filed against the company | Pending |
| District court, Ernakulam, Kerala | Civil suit | Filed against the company by Hacienda Apartment Owners’ Association, | Pending |
| District court, Ernakulam, Kerala | Civil suit | Filed by the company against an individual | Pending |
To see the full case history of Mather Projects Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Mather Projects Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Mather Projects Private Limited has a workforce of 5 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.
GST
Mather Projects has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AALCS3418A1ZU | Kerala | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mather Projects Private Limited, buy the company report.
Recent activity
Mather Projects Private Limited has 20 board changes on record since 2011: 4 appointments and 16 cessations. The latest: Joseph Anu ceased to be Additional Director on 29 Sep 2023.
50 earlier events are in the company report.
Frequently asked questions
Mather Projects is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 27 June 2007 (19+ years old) and is registered under CIN U70102MH2007PTC171711.
Mather Projects has 4 current directors:
- Rahul Paramannil - Whole-Time Director
- Marottical Meethiyan Salim - Whole-Time Director
- Shaffi Kakanattil Ibrahimkutty Mohammed Mather - Director
- Poulose Poulose Theppala - Director
The latest financial statements of Mather Projects on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Mather Projects is 32AALCS3418A1ZU, registered in Kerala.
The CIN (Corporate Identification Number) of Mather Projects is U70102MH2007PTC171711. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mather Projects has 107 court cases on record: 41 filed by the company and 66 filed against it. 16 are pending. Most are in the high courts.
Mather Projects was incorporated on 27 June 2007, making it 19+ years old. It is registered with the Registrar of Companies, Mumbai.
Joseph Anu ceased to be Additional Director on 29 Sep 2023. Anu Joseph ceased to be Director on 03 May 2022. Marottical Meethiyan Salim ceased to be Director on 31 Mar 2022. Mather Projects has 20 board changes on record in total.
Mather Projects can be reached through the website matherprojects.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Mather Projects is at B – 27 Floor – Grd Plot – 8 Pt F1 Bldg B Wing Bgta Girnar Premisse Soc Ltd Truck Terminal, Antop Hill, Mumbai, Maharashtra, India – 400037.