About Matex Technologies Private Limited
Data last updated:
Matex Technologies Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the general e-commerce platforms segment of the e-commerce sector. It was incorporated on 27 July 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72900TN1995PTC136584. Its GSTIN is 33AAACJ4176D2ZW (Tamil Nadu). The company holds 4 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.25 Cr. It was formerly known as Jnn Matex Private Limited. It is led by directors including Sundaresan Yogeshwaran (Managing Director) and Venkata Raman Krishna Sankar.
Its last annual general meeting (AGM) was held on 14 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Chennai, Tamil Nadu.
As per the financials filed for FY 2025, the company reported a revenue of ₹22.59 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net profit of ₹2.58 Cr (net margin 11.4%) and EBITDA of ₹3.71 Cr (EBITDA margin 16.4%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 16% over five years.
The company has about 123 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: MatexNet. As per MCA filings, the company has open charges of ₹63.16 Lakh and satisfied charges of ₹1.55 Cr on record. Court records list 27 cases involving the company, including 2 filed against it; 3 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 matexnet.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressOld No.23/22 And 24/22 New No.37/22 Sixth Floor Chamiers Towers Chamiers Road Teynampe, T, Chennai, Tamil Nadu, India – 600018
- IndustryE-Commerce, General E-Commerce Platforms
- 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
Name History of Matex Technologies Private Limited
Matex Technologies has undergone 2 name changes throughout its history. The company was previously known as Jnn Matex Private Limited, and Matex Technologies Private Limited. The current legal name is Matex Technologies Private Limited.
| Company Name | Status |
|---|---|
| Matex Technologies Private Limited | Current |
| Jnn Matex Private Limited | Previous |
CIN History of Matex Technologies Private Limited
Matex Technologies has one previous CIN (Corporate Identification Number): U72900KA1995PTC018388. The current CIN is U72900TN1995PTC136584, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72900TN1995PTC136584 | Current |
| U72900KA1995PTC018388 | Previous |
Associated Brands with Matex Technologies Private Limited
Matex Technologies operates one associated brand: MatexNet. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| B2B auction marketplace offering multi category industrial products | matexnet.com |
Competitors & Alternatives of Matex Technologies Private Limited
Brands and companies operating in the same space as Matex Technologies Private Limited include Bid2win, Wholcom, Avshesh and 5 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 Bid2win | Online auctions for salvage and scrap materials are facilitated. | Delhi, India | 2020 |
 Wholcom | Operates an online B2B bidding platform for commodity trading. | Bengaluru, India | 2015 |
 Avshesh | Online platform selling jewelry items such as earrings and pendants. | Delhi, India | 2014 |
 SalvageSpace | Operates an online platform for listings and auctions of salvage goods and scrap. | Delhi, India | 2007 |
 Valuejunction | Operates a B2B auction platform for industrial and stressed assets. | Kolkata, India | 2009 |
 Google Zenia | Online platform for B2B listings, auctions, and business information in India. | Kolkata, India | 2017 |
 B2B Sangam | Operates an online B2B auction marketplace for multicategory products. | Nagpur, India | 2016 |
 SalvageBazar | An e-auctions platform for salvage, scrap, and idle assets. | Mumbai, India | 2014 |
Business Activity of Matex Technologies Private Limited
The main business activity of Matex Technologies is support service to organizations. In detail, this covers other support services to organizations.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations | 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.
Auditor Details of Matex Technologies Private Limited
Matex Technologies Private Limited is audited by VENKAT AND VASAN CHARTERED ACCOUNTANTS for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| VENKAT AND VASAN CHARTERED ACCOUNTANTS | 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 Matex Technologies Private Limited
Matex Technologies has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Venkata Raman Krishna Sankar | Director | 10 Aug 2017 | 9 Years 1 Months | Current |
| Kunnawalkam Elayavalli Ranganathan | Director | 08 Apr 2024 | 2 Years 5 Months | Current |
| Sundaresan Yogeshwaran | Managing Director | 27 Jul 1995 | 31 Years 2 Months | Current |
Financials of Matex Technologies Private Limited FY 2025 filings available
Matex Technologies Private Limited reported revenue of ₹22.59 Cr (up 18% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Matex Technologies Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 16% over five years, including 18% growth in the latest year. EBITDA rose 23% 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 Matex Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
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| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
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| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹3.71 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.58 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
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| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
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Financial Ratios of Matex Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 16.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 11.4% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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| 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 Matex Technologies are in the company report.
Financial statements from 2015
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.
Ownership and Shareholding of Matex Technologies 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 Matex Technologies Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Jun 2023 | Hdfc Bank Limited | ₹57.22 Lakh | Open |
| 30 Apr 2021 | Hdfc Bank Limited | ₹5.94 Lakh | Open |
| 30 Nov 2020 | Hdfc Bank Limited | ₹10.49 Lakh | Satisfied |
| 01 Oct 2011 | Axis Bank Limited | ₹64.5 Lakh | Satisfied |
| 01 Oct 2008 | Federal Bank Limited | ₹65 Lakh | Satisfied |
Total charge records: 6 View all charges
Employees and EPFO Compliance at Matex Technologies Private Limited
Matex Technologies Private Limited has a workforce of 123 employees as of Apr 07, 2024.
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.
GST Compliance of Matex Technologies Private Limited
Matex Technologies has 4 GST registrations: 2 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAACJ4176D2ZW | Tamil Nadu | Active | 30 May 2018 |
| 29AAACJ4176D1ZM | Karnataka | Active | 01 Jul 2017 |
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.
Legal Cases of Matex Technologies Private Limited
Matex Technologies Private Limited has 27 court cases on record: 2 filed against it, 25 where it is another party. 3 cases are pending and 24 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 15 | 0 | 0 |
| District courts | 12 | 2 | 3 |
Cases on record (5 of 27)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chennai, Tamil Nadu | Civil suit | Filed against the company by Poly Pipes India Private Limited | Disposed |
| District court, Kamrup Metro, Assam | Court case (Complaint Case C.R.) | Company is another party | Pending |
| District court, BENGALURU, Karnataka | Civil suit | Company is another party | Pending |
| District court, Calcutta, West Bengal | Court case (TS) | Company is another party | Pending |
| District court, Kancheepuram, Tamil Nadu | Civil suit | Company is another party | Disposed |
Full case history
All 27 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Credit Ratings, Litigation & Regulatory Alerts for Matex Technologies 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 Matex Technologies 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 Matex Technologies 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.
MCA Filings & Documents of Matex Technologies 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.
Recent Activity on Matex Technologies Private Limited
Frequently Asked Questions about Matex Technologies Private Limited
Matex Technologies is an active private limited company based in Chennai, Tamil Nadu, India. The company works in general e-commerce platforms, within the e-commerce industry. It was incorporated on 27 July 1995 (31+ years old) and is registered under CIN U72900TN1995PTC136584.
Matex Technologies reported revenue of ₹22.59 Cr for FY 2025 (up 18% YoY).
Matex Technologies has 3 current directors:
- Sundaresan Yogeshwaran - Managing Director
- Venkata Raman Krishna Sankar - Director
- Kunnawalkam Elayavalli Ranganathan - Director
Matex Technologies reported a net profit of ₹2.58 Cr (net margin 11.4%) and EBITDA of ₹3.71 Cr (EBITDA margin 16.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Matex Technologies is 16% over three years and 16% over five years. In the latest year (FY 2025) revenue rose 18%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Matex Technologies is 33AAACJ4176D2ZW, registered in Tamil Nadu. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 29AAACJ4176D1ZM (Karnataka).
The CIN (Corporate Identification Number) of Matex Technologies is U72900TN1995PTC136584. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Matex Technologies has 27 court cases on record: 2 filed against it. 3 are pending. Most are in the high courts.
Matex Technologies was incorporated on 27 July 1995, making it 31+ years old. It is registered with the Registrar of Companies, Chennai.