Matha Overseas Private Limited
About Matha Overseas Private Limited
Data last updated:
Matha Overseas Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the mining and mineral extraction segment of the metals and mining sector. It was incorporated on 18 March 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U60232KA1997PTC021972. Its GSTIN is 29AABCM4575C1ZH (Karnataka).
The company has an authorised share capital of ₹7 Cr and a paid-up capital of ₹6.55 Cr. It is led by directors including Pradeep Somashekar Wodeyar (Managing Director) and Tejeshwar Pradeep Wodeyar (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 November 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at No.110 Railway Parallel Road Kumara Park West, Bangalore, Karnataka, India – 560020.
As per the financials filed for FY 2023, the company reported a revenue of ₹4.67 Cr, a decline of 37% compared to the previous year. For the same year it recorded a net loss of ₹19.48 Lakh (net margin -4.2%) and EBITDA of -₹9.18 Lakh (EBITDA margin -2%). Revenue has declined at a compounded annual rate (CAGR) of 22% over three years and 19% over five years.
The company has about 8 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹9.07 Cr and satisfied charges of ₹11.25 Cr on record. Court records list 63 cases involving the company, including 14 filed by the company and 49 filed against it; 8 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Matha Overseas has one previous CIN (Corporate Identification Number): U01410KA1997PTC021972. The current CIN is U60232KA1997PTC021972, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U60232KA1997PTC021972 | Current |
| U01410KA1997PTC021972 | Previous |
Contact details
Matha Overseas Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo.110 Railway Parallel Road Kumara Park West, Bangalore, Karnataka, India – 560020
- IndustryMetals and Minerals, Mining & Mineral Extraction
To see the full contact details of Matha Overseas 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 Matha Overseas is mining and quarrying. In detail, this covers other mining and quarrying.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| B | Mining and quarrying | 08 | Other mining and quarrying |
To see the full business activity and turnover split of Matha Overseas Private Limited, buy the company report.
Financials of Matha Overseas Private Limited
FY 2022 filings availableMatha Overseas Private Limited reported revenue of ₹4.67 Cr (down 37% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 19% over five years, including a 37% fall in the latest year. EBITDA fell 144% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | -₹9.18 Lakh | ||||
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| Net Profit (PAT) | -₹19.48 Lakh | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -2% | ||||
| Net Profit Margin | -4.2% | ||||
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To see the full financial statements and ratios of Matha Overseas Private Limited, buy the company report.
Board of directors of Matha Overseas Private Limited
Matha Overseas has 3 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pradeep Somashekar Wodeyar Also directs: Muktheswara Mechano Mercantile LLP, Tough Minerals Private Limited, Matha Infratech Private Limited and 2 more | Managing Director | 18 Mar 1997 | 29 Years 7 Months | Current |
| Tejeshwar Pradeep Wodeyar Also directs: Matha Rocks Private Limited | Whole-Time Director | 22 Apr 2016 | 10 Years 6 Months | Current |
| Sachidananda Siddappa Also directs: Matha Rocks Private Limited | Whole-Time Director | 06 Jun 2016 | 10 Years 4 Months | Current |
Auditor
Matha Overseas Private Limited is audited by Ramanjaneyulu B for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Ramanjaneyulu B | FY 2022 |
Shareholding
The shareholding of Matha Overseas Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Matha Overseas Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Aug 2014 | 10516058 | The Karnataka Bank Limited | ₹40 Lakh | Open | |
| 02 Jan 2014 | 10469866 | Srei Equipment Finance Limited | ₹38.25 Lakh | Open | |
| 25 Jun 2011 | 10297358 | Hdfc Bank Limited | ₹6.5 Cr | Open | |
| 23 Feb 2011 | 10271810 | Religare Finvest Limited | ₹6 Lakh | Open | |
| 23 Feb 2011 | 10272101 | Religare Finvest Limited | ₹73.86 Lakh | Open |
To see the full charge records of Matha Overseas Private Limited, buy the company report.
Total charge records: 10 View all charges
Legal cases
Matha Overseas Private Limited has 63 court cases on record: 14 filed by Matha Overseas, 49 filed against it. 8 cases are pending and 55 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 36 | 33 | 3 |
| High courts | 27 | 16 | 5 |
Cases on record (5 of 63)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Ms Srei Equipment Finance Pvt. Ltd. | Pending |
| District court, BENGALURU, Karnataka | Court case (AA) | Filed against the company by HDFC Bank Ltd | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Tata Capital Limited | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Tata Capital Ltd | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Tata Capital Financial Services Ltd | Disposed |
To see the full case history of Matha Overseas 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 Matha Overseas Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Matha Overseas Private Limited has a workforce of 8 employees on its EPFO records as of Mar 22, 2024, across 1 active EPFO establishment.
GST
Matha Overseas has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCM4575C1ZH | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Matha Overseas Private Limited, buy the company report.
Recent activity
Matha Overseas Private Limited has 16 board changes on record since 1997: 3 appointments and 13 cessations. The latest: Lakshminarayana Gubba ceased to be Whole-Time Director on 03 Nov 2020.
22 earlier events are in the company report.
Frequently asked questions
Matha Overseas is an active private limited company based in Bangalore, Karnataka, India. The company works in mining and mineral extraction, within the metals and minerals industry. It was incorporated on 18 March 1997 (29+ years old) and is registered under CIN U60232KA1997PTC021972.
Matha Overseas has 3 current directors:
- Pradeep Somashekar Wodeyar - Managing Director
- Tejeshwar Pradeep Wodeyar - Whole-Time Director
- Sachidananda Siddappa - Whole-Time Director
The latest financial statements of Matha Overseas on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 November 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Matha Overseas is 29AABCM4575C1ZH, registered in Karnataka.
The CIN (Corporate Identification Number) of Matha Overseas is U60232KA1997PTC021972. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Matha Overseas has 63 court cases on record: 14 filed by the company and 49 filed against it. 8 are pending. Most are in the district courts.
Matha Overseas was incorporated on 18 March 1997, making it 29+ years old. It is registered with the Registrar of Companies, Bangalore.
Lakshminarayana Gubba ceased to be Whole-Time Director on 03 Nov 2020. Asha Lakshminarayana Gubba ceased to be Director on 06 Jun 2016. Bollu Rammohan ceased to be Additional Director on 06 Jun 2016. Matha Overseas has 16 board changes on record in total.
The registered office of Matha Overseas is at No.110 Railway Parallel Road Kumara Park West, Bangalore, Karnataka, India – 560020.
Matha Overseas operates in the metals and minerals industry, in the mining and mineral extraction segment.
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