Matrix Cellular Services Private Limited - Company Profile

It is a telecom private limited company based in Newdelhi, Delhi, India, established in 1999.

1999 Newdelhi, Delhi, India Active

Last Updated: February 10, 2026

About Matrix Cellular Services Private Limited

Matrix Cellular Services Private Limited, a active private limited company, was established on 17 November 1999 in Newdelhi, Delhi, India. Engaging in telecom service providers within the telecom sector, it holds CIN: U64120DL1999PTC102444. Registered under ROC Roc Delhi. it is unlisted. It has an authorized capital of ₹3.00 Cr and a paid-up capital of ₹2.75 Cr.

It upholds a compliant status. Its leadership includes Gagan Deep Singh Dugal (Director), Padam Bhushan Bindal (Additional Director). Past directors included Manjit Singh Dugal. It holds ₹4.72 Cr open charges and ₹23.35 Cr settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at 7 Khullar Farmnew Mangla Puri Mandi Road Mehruli, Newdelhi, Delhi, 110030.

Company Details

CIN/LLPIN
U64120DL1999PTC102444
Registration Number
102444
Incorporation Date
17 November 1999
Authorized Capital
₹3.00 Cr
Paid-Up Capital
₹2.75 Cr
ROC Code
Roc Delhi
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 3.00 Cr as on 10-02-2026
Paid Up Capital ₹ 2.75 Cr as on 10-02-2026
Company Age 26 Year, 3 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 4.72 Cr as on 10-02-2026
Satisfied Charges ₹ 23.35 Cr as on 10-02-2026
Revenue Growth **** % (FY 2019)
Profit Growth **** 189.66% (FY 2019)
Ebitda **** 76.99% (FY 2019)
Net Worth 7.08% (FY 2019)
Total Assets -19.32% (FY 2019)

Comprehensive Company Insights

Explore comprehensive insights into Matrix Cellular Services Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Matrix Cellular Services Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Gagan Deep Singh Dugal	Director	17 Nov 1999	Current
Padam Bhushan Bindal	Additional Director	16 Apr 2025	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	-	Past

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Financial Performance of Matrix Cellular Services.

Matrix Cellular Services Private Limited, for the financial year ended 2019, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 189.66% increase in profit. The company's net worth moved up by a moderate rise of 7.08%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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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

********

*******

Revenue from Operations

*******

Total Assets

*******

-19.32%

*******

Profit or Loss

*******

189.66%

*******

Net Worth

*******

7.08%

*******

EBITDA

*******

76.99%

*******

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What is the Ownership and Shareholding Structure of Matrix Cellular Services?

In 2019, Matrix Cellular Services 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 Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹47,220,230.00

Satisfied Charges

₹233,463,537.00

Charges Breakdown by Lending Institutions

Kotak Mahindra Prime Limited : 4.50 Cr
Icici Bank Limited : 0.18 Cr
India Cements Capital 7 Finance Ltd : 0.02 Cr
Scotis Finance P. Ltd : 0.02 Cr

Latest Charge Details

Date	Lender	Amount	Status
27 Nov 2015	Kotak Mahindra Prime Limited	₹4.50 Cr	Open
12 Feb 2008	Icici Bank Limited	₹1.80 M	Open
15 May 2003	India Cements Capital 7 Finance Ltd	₹0.24 M	Open
21 Oct 2000	Scotis Finance P. Ltd	₹0.19 M	Open
21 Dec 2012	Kotak Mahindra Prime Limited	₹4.00 Cr	Satisfied

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How Many Employees Work at Matrix Cellular Services?

Matrix Cellular Services has a workforce of 0 employees as of Apr 05, 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.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Matrix Cellular Services, 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 Cellular Services's trajectory.

Rating

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

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.

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Latest Updates, News, and FAQs on Matrix Cellular Services

Recent Activity within the Organization

Annual General Meeting

Progress on Matrix Cellular Services Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was documented.
30 Sep 2025
Director Appointment

Progress on Padam Bhushan Bindal was appointed as a Additional Director was appointed as a Additional Director on 16 Apr 2025 & has been associated with this company since 10 months . was documented.
16 Apr 2025
Balance Sheet

Progress on Matrix Cellular Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi. was documented.
31 Mar 2025
Charges

The activity A charge registered on 21 Dec 2012 via Charge ID 10401963 with Kotak Mahindra Prime Limited was fully satisfied on 11 Feb 2016. was completed.
11 Feb 2016
Charges

The activity A charge with Kotak Mahindra Prime Limited amounted to Rs. 4.50 Cr with Charge ID 10621891 was registered on 27 Nov 2015. was completed.
27 Nov 2015
Charges

Progress on A charge registered on 27 Jan 2005 via Charge ID 80024342 with State Bank Of India was fully satisfied on 06 Nov 2013. was documented.
06 Nov 2013

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