India's Richest People 2026 edition · 1 director · Source: Hurun India
- #724 Ashok Ramnarayan Boob & family ₹4,400 Cr
Revenue · FY 2025
₹239.21 Cr
▲ 19.75% YoY
Net loss · FY 2025
₹3.14 Cr
Net margin -1.3%
EBITDA · FY 2025
₹7.5 Cr
EBITDA margin 3.1%
Authorised capital
₹2.5 Cr
Registered with MCA
Paid-up capital
₹2.5 Cr
Issued & subscribed
Open charges
₹77 Cr
Satisfied ₹48.5 Cr
Company age
13 yrs
Est. 2013
Employees · EPFO
273
Provident fund records
About Matrix Life Science Private Limited
Data last updated:
Matrix Life Science Private Limited is a private limited company based in Aurangabad, Maharashtra, India. It operates in the biotechnology segment of the life sciences sector. It was incorporated on 10 May 2013 and has been in existence for over 13 years.
Its director Ashok Ramnarayan Boob and family are #724 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24233MH2013PTC243185. Its GSTIN is 27AAICM5890K1ZT (Maharashtra).
The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹2.5 Cr. It was formerly known as Matrix Fine Sciences Private Limited. It is led by directors including Kunal Ashok Sikchi (Managing Director) and Ashokkumar Ramkishan Sikchi.
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 12 Shilpnagar Railway Station Road Dr. Dumir Hospital, Aurangabad, Maharashtra, India – 431005.
As per the financials filed for FY 2025, the company reported a revenue of ₹239.21 Cr. For the same year it recorded a net loss of ₹3.14 Cr (net margin -1.3%) and EBITDA of ₹7.5 Cr (EBITDA margin 3.1%).
The company has about 273 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Matrix Life Science. As per MCA filings, the company has open charges of ₹77 Cr and satisfied charges of ₹48.5 Cr on record. Court records list 7 cases involving the company, including 5 filed by the company and 2 filed against it; 2 cases are pending. The company has 8 deals on record (5 secondary share transfers, 2 funding rounds, 1 rights issue), with disclosed funding of ₹1.89 Cr; the latest was in June 2024. The company has 7 MSME Form 1 returns on record between 2019 and 2024, listing 247 overdue payments to 60 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website matrixlifescience.com.
Company details
CIN U24233MH2013PTC243185
Registration Number 243185
Incorporation Date 10 May 2013
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
Key People
Kunal Ashok Sikchi Managing Director Ashokkumar Ramkishan Sikchi Director Siddhartha Ashok Sikchi Director Recognitions & Rankings of Matrix Life Science
Contact details
Matrix Life Science Private Limited's registered office is in Aurangabad, Maharashtra. Its website is matrixlifescience.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address12 Shilpnagar Railway Station Road Dr. Dumir Hospital, Aurangabad, Maharashtra, India – 431005
- IndustryLife Sciences, Biotechnology
To see the full contact details of Matrix Life Science Private Limited, buy the company report.
Comprehensive company report
Matrix Life Science 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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Brands
Matrix Life Science operates one associated brand: Matrix Life Science. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of natural antioxidants and extracts for food, health, and cosmetics sectors. | matrixlifescience.com |
Business activity
The main business activity of Matrix Life Science is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Matrix Life Science Private Limited, buy the company report.
Financials of Matrix Life Science Private Limited
FY 2025 filings availableMatrix Life Science Private Limited reported revenue of ₹239.21 Cr for FY 2025.
Revenue · FY 2025
₹239.21 Cr
Net loss · FY 2025
₹3.14 Cr margin -1.3%
EBITDA · FY 2025
₹7.5 Cr margin 3.1%
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹239.21 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹7.5 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹3.14 Cr | ||||
| 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.1% | ||||
| Net Profit Margin | -1.3% | ||||
| 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 | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Matrix Life Science Private Limited, buy the company report.
Board of directors of Matrix Life Science Private Limited
Matrix Life Science has 5 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kunal Ashok Sikchi | Managing Director | 10 May 2013 | 13 Years 5 Months | Current |
| Ashokkumar Ramkishan Sikchi | Director | 05 Jan 2015 | 11 Years 9 Months | Current |
| Siddhartha Ashok Sikchi Also directs: Clean Science and Technology Limited, Matrix Global Speciality Private Limited, Clean Fino-Chem Limited and 5 more | Director | 10 May 2013 | 13 Years 5 Months | Current |
| Ashok Ramnarayan Boob Also directs: Clean Science and Technology Limited, Clean Fino-Chem Limited, Clean Organics Private Limited and 3 more | Director | 28 Jan 2015 | 11 Years 8 Months | Current |
| Pradeep Ramwilas Rathi | Director | 20 Nov 2019 | 6 Years 11 Months | Current |
Auditor
Matrix Life Science Private Limited is audited by Price Waterhouse Chartered Accountants LLP for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Price Waterhouse Chartered Accountants LLP | FY 2025 | 012754N/N500016 |
Shareholding
The shareholding of Matrix Life Science Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Matrix Life Science Private Limited, buy the company report.
Charges & borrowings
Open charges
₹77 Cr
Satisfied charges
₹48.5 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Jun 2025 | 101115244 | Hdfc Bank Limited | ₹17 Cr | Open | |
| 10 Dec 2020 | 100402389 | Others | ₹8 Cr | Open | |
| 22 Jul 2016 | 100052282 | Hdfc Bank Limited | ₹52 Cr | Open | |
| 25 Sep 2020 | 100379249 | Hdfc Bank Limited | ₹6.5 Cr | Satisfied | |
| 03 Oct 2019 | 100302076 | Hdfc Bank Limited | ₹30 Cr | Satisfied |
To see the full charge records of Matrix Life Science Private Limited, buy the company report.
Total charge records: 7 View all charges
Deals & funding
Matrix Life Science Private Limited has 8 deals on record (5 secondary share transfers, 2 funding rounds, 1 rights issue), with disclosed funding of ₹1.89 Cr; the latest was in June 2024.
Total deals
8
Secondary share transfers
5
Funding rounds
2
Rights issue
1
Disclosed funding
₹1.89 Cr
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2024 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Ashok Sikchi HUF, an individual |
| Dec 2021 | Rights issue | ₹1.5 Cr | Investors: Ashok Sikchi HUF, 2 individuals |
| Sep 2020 | Secondary share transfer | Undisclosed | Buyer: Ashok Sikchi HUF Seller: an individual |
| Sep 2018 | Secondary share transfer | Undisclosed | Buyer: Ashok Sikchi HUF Seller: an individual |
| Apr 2018 | Secondary share transfer | Undisclosed | Buyer: Ashok Sikchi HUF Seller: 2 individuals |
To see the full deal history of Matrix Life Science Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Matrix Life Science Private Limited has 7 court cases on record: 5 filed by Matrix Life Science, 2 filed against it. 2 cases are pending and 5 are disposed.
Total cases
7
Filed by the company
5
Filed against the company
2
Pending
2
Disposed
5
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 2 | 1 |
| High courts | 2 | 0 | 1 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed by the company against The Oriental Insurance Co Ltd THR Its Divisional Manager | Pending |
| District court, Raipur, Chhattisgarh | Court case (COMPLAINT CASES) | Filed by the company against M/S Multi International and Others | Pending |
| Bombay High Court | Arbitration matter | Filed by the company against The Orientral Insurance Co Limited and Another and 1 other | Disposed |
| District court, Aurangabad, Maharashtra | Civil suit | Filed by the company against an individual | Disposed |
| District court, Aurangabad, Maharashtra | Civil suit | Filed by the company against an individual | Disposed |
To see the full case history of Matrix Life Science 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.
Credit ratings & regulatory alerts
Matrix Life Science Private Limited was last rated by Crisil on 23 Jun 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 23 Jun 2020 |
To see the full credit ratings and regulatory alerts of Matrix Life Science Private Limited, buy the company report.
MSME payment delays
Matrix Life Science Private Limited has 7 MSME Form 1 returns on record between 2019 and 2024, listing 247 overdue payments to 60 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 60)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Radiant Research Services Pvt Ltd | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| VG Engineering Suppliers Private Limited |
To see the full MSME payment records of Matrix Life Science Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Matrix Life Science Private Limited has a workforce of 273 employees on its EPFO records as of Nov 24, 2025, across 1 active EPFO establishment.
Employee count
273
Active EPFO establishments
1
GST
Matrix Life Science has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICM5890K1ZT | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Matrix Life Science Private Limited, buy the company report.
Recent activity
Matrix Life Science Private Limited has 10 board changes on record since 2013: 5 appointments and 5 cessations. The latest: Madhusudan Laxminarayan Rathi ceased to be Director on 11 Jul 2025.
Charges
A charge with Hdfc Bank Limited of Rs. 17.00 Cr registered on 10 Jun 2025 with Charge ID 101115244 was modified on 13 Oct 2025.
AGM
Matrix Life Science Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Ceased
Madhusudan Laxminarayan Rathi ceased to be Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 17.00 Cr with Charge ID 101115244 was registered on 10 Jun 2025.
Filing
Matrix Life Science Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with Hdfc Bank Limited of Rs. 52.00 Cr registered on 22 Jul 2016 with Charge ID 100052282 was modified on 26 Mar 2024.
Charges
A charge registered on 25 Sep 2020 via Charge ID 100379249 with Hdfc Bank Limited was fully satisfied on 27 Feb 2024.
Charges
A charge registered on 03 Oct 2019 via Charge ID 100302076 with Hdfc Bank Limited was fully satisfied on 27 Feb 2024.
Charges
A charge registered on 07 Mar 2019 via Charge ID 100246421 with Hdfc Bank Limited was fully satisfied on 27 Feb 2024.
Charges
A charge with Others of Rs. 8.00 Cr registered on 10 Dec 2020 with Charge ID 100402389 was modified on 05 Mar 2022.
Ceased
Kunal Ashok Sikchi ceased to be Director.
Charges
A charge with Hdfc Bank Limited of Rs. 6.50 Cr registered on 25 Sep 2020 with Charge ID 100379249 was modified on 18 Mar 2021.
18 earlier events are in the company report.
Frequently asked questions
Matrix Life Science is an active private limited company based in Aurangabad, Maharashtra, India. The company works in biotechnology, within the life sciences industry. It was incorporated on 10 May 2013 (13+ years old) and is registered under CIN U24233MH2013PTC243185.
Matrix Life Science has 5 current directors:
- Kunal Ashok Sikchi - Managing Director
- Ashokkumar Ramkishan Sikchi - Director
- Siddhartha Ashok Sikchi - Director
- Ashok Ramnarayan Boob - Director
- Pradeep Ramwilas Rathi - Director
The latest financial statements of Matrix Life Science 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 Life Science is 27AAICM5890K1ZT, registered in Maharashtra.
The CIN (Corporate Identification Number) of Matrix Life Science is U24233MH2013PTC243185. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Matrix Life Science has 7 court cases on record: 5 filed by the company and 2 filed against it. 2 are pending. Most are in the district courts.
Matrix Life Science was incorporated on 10 May 2013, making it 13+ years old. It is registered with the Registrar of Companies, Mumbai.
Matrix Life Science has 8 deals on record (5 secondary share transfers, 2 funding rounds, 1 rights issue), with disclosed funding of ₹1.89 Cr; the latest was in June 2024.
Madhusudan Laxminarayan Rathi ceased to be Director on 11 Jul 2025. Kunal Ashok Sikchi ceased to be Director on 31 Jul 2021. Pradeep Ramwilas Rathi ceased to be Additional Director on 30 Sep 2020. Matrix Life Science has 10 board changes on record in total.
Matrix Life Science has 7 MSME Form 1 returns on record between 2019 and 2024, listing 247 overdue payments to 60 micro and small suppliers. The latest return was filed on 27 Apr 2024.
Matrix Life Science can be reached through the website matrixlifescience.com. Its registered office is in Aurangabad, Maharashtra, India.