India's Richest People 2026 edition · 1 director · Source: Hurun India
- #1,608 Chetan Ramniklal Shah & family ₹1,200 Cr
Revenue · FY 2017
₹1,379
Latest filing
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
18 yrs
Est. 2008
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
Last financials
Mar 2025
Balance sheet date
Last AGM
30 Sep 2025
Annual general meeting
About Matrix Fiscal Private Limited
Data last updated:
Matrix Fiscal Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the building construction segment of the construction sector. It was incorporated on 28 May 2008 and has been in existence for over 18 years.
Its director Chetan Ramniklal Shah and family are #1,608 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67100MH2008PTC182750. Its GSTIN is 27AAFCM9820L1Z0 (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Samyag Mayur Shah and Chetan Ramniklal Shah.
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.
Court records list 5 cases involving the company, including 3 filed by the company and 2 filed against it; 4 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 marathon.in.
Company details
CIN U67100MH2008PTC182750
Registration Number 182750
Incorporation Date 28 May 2008
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Recognitions & Rankings of Matrix Fiscal
Contact details
Matrix Fiscal Private Limited's registered office is in Mumbai, Maharashtra. Its website is marathon.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address702 Marathon Max Junction Of Mulund – Goregaon Link Road, Mulund(W), Mumbai, Maharashtra, India – 400080
- IndustryConstruction, Buildings
To see the full contact details of Matrix Fiscal Private Limited, buy the company report.
Comprehensive company report
Matrix Fiscal Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Matrix Fiscal is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities |
To see the full business activity and turnover split of Matrix Fiscal Private Limited, buy the company report.
Financials of Matrix Fiscal Private Limited
FY 2025 filings availableMatrix Fiscal Private Limited reported revenue of ₹1,379 for FY 2017.
Revenue · FY 2017
₹1,379
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹1,379 | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
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| Tax Expense | |||
| Net Profit (PAT) | |||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
| Long-term Borrowings | |||
| Short-term Borrowings | |||
| Trade Payables | |||
| Total Liabilities | |||
| Fixed Assets | |||
| Investments | |||
| Inventories | |||
| Trade Receivables | |||
| Cash and Bank Balance | |||
| Total Assets | |||
Financial Ratios
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | |||
| Net Profit Margin | |||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
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| Efficiency and Growth | |||
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| Receivable Days | |||
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| Inventory Days | |||
| Revenue Growth | |||
| Net Profit Growth | |||
To see the full financial statements and ratios of Matrix Fiscal Private Limited, buy the company report.
Board of directors of Matrix Fiscal Private Limited
Matrix Fiscal has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Samyag Mayur Shah Also directs: Marathon Nextgen Realty Limited, Nexzone Land Private Limited, Cornell Housing and Infrastructure Private Limited and 5 more | Director | 01 Jan 2016 | 10 Years 9 Months | Current |
| Chetan Ramniklal Shah Also directs: Marathon Construction LLP, Marathon Buildcon LLP, Matrix Green Housing and Commercial Developers LLP and 5 more | Director | 28 May 2008 | 18 Years 4 Months | Current |
Auditor
Matrix Fiscal Private Limited is audited by SUDHIR DESAI & CO. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SUDHIR DESAI & CO. | FY 2017 | 125516W |
Shareholding
The shareholding of Matrix Fiscal Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Matrix Fiscal Private Limited, buy the company report.
Legal cases
Matrix Fiscal Private Limited has 5 court cases on record: 3 filed by Matrix Fiscal, 2 filed against it. 4 cases are pending and 1 is disposed.
Total cases
5
Filed by the company
3
Filed against the company
2
Pending
4
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 2 | 4 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Interim or miscellaneous application | Filed against the company by Arkade Developers Ltd | Pending |
| High Court, MAHARASHTRA | Interim or miscellaneous application | Filed by the company against Copper Rollers Pvt Ltd. and and 5 Ors. and 5 others | Pending |
| High Court, MAHARASHTRA | Court case (S) | Filed by the company against Copper Rollers Pvt Ltd. and 2 others | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Raja Babulal Majethia, Co-Owner of Bhandup Estate and Co-Executor | Pending |
| High Court, MAHARASHTRA | Interim or miscellaneous application | Filed by the company against an individual | Disposed |
To see the full case history of Matrix Fiscal 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 Matrix Fiscal Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Matrix Fiscal has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCM9820L1Z0 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Matrix Fiscal Private Limited, buy the company report.
Recent activity
Matrix Fiscal Private Limited has 5 board changes on record since 2008: 2 appointments and 3 cessations. The latest: Samyag Mayur Shah ceased to be Additional Director on 27 Sep 2016.
AGM
Matrix Fiscal Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Matrix Fiscal Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Ceased
Samyag Mayur Shah ceased to be Additional Director.
Appointed
Samyag Mayur Shah was appointed as Director.
Ceased
Sonal Mayur Shah ceased to be Additional Director.
Ceased
Mayur Ramniklal Shah ceased to be Director.
Appointed
Chetan Ramniklal Shah was appointed as Director.
Incorporation
28 May 2008
Matrix Fiscal Private Limited was registered on 28 May 2008 with Roc Mumbai & aged 18 years 5 months as per MCA records.
News
Frequently asked questions
Matrix Fiscal is an active private limited company based in Mumbai, Maharashtra, India. The company works in buildings, within the construction industry. It was incorporated on 28 May 2008 (18+ years old) and is registered under CIN U67100MH2008PTC182750.
Matrix Fiscal has 2 current directors:
- Samyag Mayur Shah - Director
- Chetan Ramniklal Shah - Director
The latest financial statements of Matrix Fiscal 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 Matrix Fiscal is 27AAFCM9820L1Z0, registered in Maharashtra.
The CIN (Corporate Identification Number) of Matrix Fiscal is U67100MH2008PTC182750. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Matrix Fiscal has 5 court cases on record: 3 filed by the company and 2 filed against it. 4 are pending.
Matrix Fiscal was incorporated on 28 May 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
Samyag Mayur Shah ceased to be Additional Director on 27 Sep 2016. Samyag Mayur Shah was appointed as Director on 01 Jan 2016. Sonal Mayur Shah ceased to be Additional Director on 01 Jan 2016. Matrix Fiscal has 5 board changes on record in total.
Matrix Fiscal can be reached through the website marathon.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Matrix Fiscal is at 702 Marathon Max Junction Of Mulund – Goregaon Link Road, MulundW, Mumbai, Maharashtra, India – 400080.