Matrix Developers Limited - Company Profile

Q: Who are the current directors of Matrix Developers Limited?

The current directors of Matrix Developers Limited are Gauri Maneesh Moro, Subodh Govardhan Apte, Sudesh Anant Khatawkar, Preeti Ratnakar Kulkarni, Subodh Kailaschand Shah.

It is a real estate and construction public limited company based in Mumbai, Maharashtra, India, established in 1997.

1997 Mumbai, Maharashtra, India Amalgamated

Last Updated: July 24, 2025

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About Matrix Developers Limited

Matrix Developers Limited, a amalgamated public limited company, was established on 05 March 1997 in Mumbai, Maharashtra, India. Engaging in real estate builders & developers within the construction sector, it holds CIN: U45200MH1997PLC106328. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹14.10 Cr and a paid-up capital of ₹13.00 Cr.

It upholds a compliant status. Employing 201 professional, Its leadership includes Gauri Maneesh Moro (Director), Subodh Govardhan Apte (Cfo), Sudesh Anant Khatawkar (Director). Past directors included Ramesh Tikuchand Jogani, Gauri Maneesh Moro, Shrikant Purushottam Paranjape. It holds ₹375.82 Cr open charges and ₹448.00 Cr settled loans. Its latest AGM occurred on 30 September 2017, with the balance sheet filed on 31 March 2017. It is based at 1, Somnath, Cts No. 988 Ram Mandir Road, Vile Parle (East), Mumbai, Maharashtra, 400057.

Company Details

CIN/LLPIN
U45200MH1997PLC106328
Registration Number
106328
Incorporation Date
05 March 1997
Authorized Capital
₹14.10 Cr
Paid-Up Capital
₹13.00 Cr
ROC Code
Roc Mumbai
Listing Status
Unlisted
Company Status
Amalgamated

Key Metrics

Authorised Capital ₹ 14.10 Cr as on 24-07-2025
Paid Up Capital ₹ 13.00 Cr as on 24-07-2025
Company Age 28 Year, 11 Months
Last Filing with ROC 31 Mar 2017
Open Charges ₹ 375.82 Cr as on 24-07-2025
Satisfied Charges ₹ 448.00 Cr as on 24-07-2025
Revenue Growth **** -6.77% (FY 2018)
Profit Growth **** 730.95% (FY 2018)
Ebitda **** 29.17% (FY 2018)
Net Worth 32.51% (FY 2018)
Total Assets **** 3.38% (FY 2018)

Comprehensive Company Insights

Explore comprehensive insights into Matrix Developers 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 Developers Limited?

Current Directors

Name	Designation	Appointment Date	Status
Gauri Maneesh Moro	Director	09 Dec 2016	Current
Subodh Govardhan Apte	Cfo	18 Apr 2019	Current
Sudesh Anant Khatawkar	Director	22 May 2013	Current
Subodh Kailaschand Shah	Director	22 Sep 2015	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	05 Sep 2012	Past
Pramod Abcsdd	Additional Director	30 Sep 2017	Past
Pramod Abcsdd	Director	11 Jan 2010	Past
Pramod Abcsdd	Director	11 Jan 2010	Past
Pramod Abcsdd	Director	23 Dec 2016	Past
Pramod Abcsdd	Director	02 Nov 2007	Past

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Financial Performance of Matrix Developers.

Matrix Developers Limited, for the financial year ended 2018, experienced Minor drop in revenue, with a 6.77% decrease. The company also saw a substantial improvement in profitability, with a 730.95% increase in profit. The company's net worth Soared by an impressive increase of 32.51%.

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

********

-6.77%

*******

Revenue from Operations

*******

-8.21%

*******

Total Assets

*******

3.38%

*******

Profit or Loss

*******

730.95%

*******

Net Worth

*******

32.51%

*******

EBITDA

*******

29.17%

*******

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What is the Ownership and Shareholding Structure of Matrix Developers?

In 2018, Matrix Developers 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

₹3,758,233,000.00

Satisfied Charges

₹4,480,000,000.00

Charges Breakdown by Lending Institutions

Others : 275.00 Cr
Idbi Trusteeship Services Limited : 99.29 Cr
Hdfc Bank Limited : 1.53 Cr

Latest Charge Details

Date	Lender	Amount	Status
22 May 2019	Hdfc Bank Limited	₹1.53 Cr	Open
26 Nov 2018	Idbi Trusteeship Services Limited	₹99.29 Cr	Open
04 May 2017	Others	₹275.00 Cr	Open
24 Mar 2015	Jm Financial Credit Solutions Limited	₹200.00 Cr	Satisfied
19 Nov 2013	Pnb Housing Finance Limited	₹90.00 Cr	Satisfied

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How Many Employees Work at Matrix Developers?

Matrix Developers has a workforce of 201 employees as of Apr 06, 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 Developers, 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 Developers'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 Developers

Recent Activity within the Organization

Charges

The activity A charge with Others of Rs. 275.00 Cr registered on 04 May 2017 with Charge ID 100100198 was modified on 30 Jun 2023. was completed.
30 Jun 2023
Charges

Progress on A charge with Hdfc Bank Limited amounted to Rs. 1.53 Cr with Charge ID 100289674 was registered on 22 May 2019. was documented.
22 May 2019
Director Appointment

Subodh Govardhan Apte was appointed as a CFO was appointed as a CFO on 18 Apr 2019 & has been associated with this company since 6 years 9 months . was recorded as a recent event.
18 Apr 2019
Director Appointment

The activity Subodh Govardhan Apte was appointed as a CFO was appointed as a CFO on 18 Apr 2019 & has been associated with this company since 6 years 9 months . was completed.
18 Apr 2019
Charges

A charge with Idbi Trusteeship Services Limited amounted to Rs. 99.29 Cr with Charge ID 100220731 was registered on 26 Nov 2018. was recorded as a recent event.
26 Nov 2018
Annual General Meeting

Progress on Matrix Developers Limited last Annual general meeting of members was held on 30 Sep 2017 as per latest MCA records. was documented.
30 Sep 2017

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