- Category
- Small (2024-25)
- Udyam number
- UDYAM-TN-02-0007456

About Matex Technologies Private Limited
Data last updated:
Matex Technologies Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the general e-commerce platforms segment of the e-commerce sector. It was incorporated on 27 July 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72900TN1995PTC136584. Its GSTIN is 33AAACJ4176D2ZW (Tamil Nadu). The company holds 4 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.25 Cr. It was formerly known as Jnn Matex Private Limited. It is led by directors including Sundaresan Yogeshwaran (Managing Director) and Venkata Raman Krishna Sankar.
Its last annual general meeting (AGM) was held on 14 July 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Chennai, Tamil Nadu.
As per the financials filed for FY 2026, the company reported a revenue of ₹22.48 Cr, a growth of 12% compared to the previous year. For the same year it recorded a net profit of ₹2.87 Cr (net margin 12.8%) and EBITDA of ₹4.23 Cr (EBITDA margin 18.8%).
The company has about 123 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: MatexNet. As per MCA filings, the company has open charges of ₹63.16 Lakh and satisfied charges of ₹1.55 Cr on record. Court records list 28 cases involving the company, including 28 filed against it; 3 cases are pending. The company has 9 deals on record (7 secondary share transfers, 2 rights issues); the latest was in September 2022. The company has 1 MSME Form 1 return on record, listing 4 overdue payments to 1 micro and small supplier.
Matex Technologies Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0007456). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website matexnet.com.
Company details
Name history
Matex Technologies has undergone 2 name changes throughout its history. The company was previously known as Jnn Matex Private Limited, and Matex Technologies Private Limited. The current legal name is Matex Technologies Private Limited.
| Company Name | Status |
|---|---|
| Matex Technologies Private Limited | Current |
| Jnn Matex Private Limited | Previous |
CIN history
Matex Technologies has one previous CIN (Corporate Identification Number): U72900KA1995PTC018388. The current CIN is U72900TN1995PTC136584, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72900TN1995PTC136584 | Current |
| U72900KA1995PTC018388 | Previous |
Recognitions & Rankings of Matex Technologies
Contact details
Matex Technologies Private Limited's registered office is in Chennai, Tamil Nadu. Its website is matexnet.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressOld No.23/22 And 24/22 New No.37/22 Sixth Floor Chamiers Towers Chamiers Road Teynampe, T, Chennai, Tamil Nadu, India – 600018
- IndustryE-Commerce, General E-Commerce Platforms
To see the full contact details of Matex Technologies 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
Brands
Matex Technologies operates one associated brand: MatexNet. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| B2B auction marketplace offering multi category industrial products | matexnet.com |
Business activity
The main business activity of Matex Technologies is administrative and support service activities. In detail, this covers office administrative, office support and other business support activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Administrative and support service activities | 82 | Office administrative, office support and other business support activities |
To see the full business activity and turnover split of Matex Technologies Private Limited, buy the company report.
Financials of Matex Technologies Private Limited
FY 2026 filings availableMatex Technologies Private Limited reported revenue of ₹22.48 Cr (up 12% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue rose 12% in the latest year. EBITDA rose 14% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹22.48 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹4.23 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.87 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 18.8% | ||||
| Net Profit Margin | 12.8% | ||||
| 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 Matex Technologies Private Limited, buy the company report.
Board of directors of Matex Technologies Private Limited
Matex Technologies has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Venkata Raman Krishna Sankar | Director | 10 Aug 2017 | 9 Years 3 Months | Current |
| Kunnawalkam Elayavalli Ranganathan | Director | 08 Apr 2024 | 2 Years 7 Months | Current |
| Sundaresan Yogeshwaran | Managing Director | 27 Jul 1995 | 31 Years 3 Months | Current |
Auditor
Matex Technologies Private Limited is audited by Sundaram & Srinivasan Chartered Accounts for the financial year 2026.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Sundaram & Srinivasan Chartered Accounts | FY 2026 | 004207S |
Shareholding
The shareholding of Matex Technologies Private Limited is on record for 5 financial years, the latest being FY 2026, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Matex Technologies Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Jun 2023 | 100777287 | Hdfc Bank Limited | ₹57.22 Lakh | Open | |
| 30 Apr 2021 | 100466684 | Hdfc Bank Limited | ₹5.94 Lakh | Open | |
| 30 Nov 2020 | 100414223 | Hdfc Bank Limited | ₹10.49 Lakh | Satisfied | |
| 01 Oct 2011 | 10313531 | Axis Bank Limited | ₹64.5 Lakh | Satisfied | |
| 01 Oct 2008 | 10126496 | Federal Bank Limited | ₹65 Lakh | Satisfied |
To see the full charge records of Matex Technologies Private Limited, buy the company report.
Total charge records: 6 View all charges
Deals & funding
Matex Technologies Private Limited has 9 deals on record (7 secondary share transfers, 2 rights issues); the latest was in September 2022.
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2022 | Rights issue | ₹85 Lakh | Investors: an individual |
| Jan 2022 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Oct 2021 | Rights issue | ₹91.5 Lakh | Investors: Matex Group Stock Plan Trust, 2 individuals |
| Sep 2021 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Dec 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Merfin Capital NV |
To see the full deal history of Matex Technologies 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
Matex Technologies Private Limited has 28 court cases on record: 28 filed against it. 3 cases are pending and 25 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 15 | 15 | 0 |
| District courts | 13 | 13 | 3 |
Cases on record (5 of 28)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by Cmoda Solutions Pvt Ltd | Pending |
| High Court | Writ petition | Filed against the company by Cmoda Solutions Pvt Ltd | Disposed |
| Bombay High Court | Court case (CARBP) | Filed against the company by Swan Aluminiums Pvt Ltd | Disposed |
| District court, Chennai, Tamil Nadu | Civil suit | Filed against the company by Poly Pipes India P Ltd | Disposed |
| High Court, GUJARAT | Appeal | Filed against the company by Tensile Steel Ltd. | Disposed |
To see the full case history of Matex Technologies 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
Matex Technologies Private Limited has 1 MSME Form 1 return on record, listing 4 overdue payments to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Trishul Communications |
To see the full MSME payment records of Matex Technologies Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Matex Technologies Private Limited has a workforce of 123 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Matex Technologies has 4 GST registrations: 2 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAACJ4176D2ZW | Tamil Nadu | Active | 30 May 2018 |
| 29AAACJ4176D1ZM | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Matex Technologies Private Limited, buy the company report.
Recent activity
Matex Technologies Private Limited has 9 board changes on record since 1995: 3 appointments and 6 cessations. The latest: Kunnawalkam Elayavalli Ranganathan ceased to be Additional Director on 26 Sep 2024.
11 earlier events are in the company report.
Frequently asked questions
Matex Technologies is an active private limited company based in Chennai, Tamil Nadu, India. The company works in general e-commerce platforms, within the e-commerce industry. It was incorporated on 27 July 1995 (31+ years old) and is registered under CIN U72900TN1995PTC136584.
Matex Technologies has 3 current directors:
- Sundaresan Yogeshwaran - Managing Director
- Venkata Raman Krishna Sankar - Director
- Kunnawalkam Elayavalli Ranganathan - Director
The latest financial statements of Matex Technologies on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 14 July 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Matex Technologies is 33AAACJ4176D2ZW, registered in Tamil Nadu. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 29AAACJ4176D1ZM (Karnataka).
The CIN (Corporate Identification Number) of Matex Technologies is U72900TN1995PTC136584. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Matex Technologies has 28 court cases on record: 28 filed against it. 3 are pending. Most are in the high courts.
Matex Technologies was incorporated on 27 July 1995, making it 31+ years old. It is registered with the Registrar of Companies, Chennai.
Matex Technologies has 9 deals on record (7 secondary share transfers, 2 rights issues); the latest was in September 2022.
Kunnawalkam Elayavalli Ranganathan ceased to be Additional Director on 26 Sep 2024. Kunnawalkam Elayavalli Ranganathan was appointed as Director on 08 Apr 2024. Sundaresan Jagannivasan ceased to be Director on 28 Sep 2017. Matex Technologies has 9 board changes on record in total.
Yes, Matex Technologies is registered as a small enterprise under Udyam registration (number: UDYAM-TN-02-0007456).
Matex Technologies has 1 MSME Form 1 return on record, listing 4 overdue payments to 1 micro and small supplier. The latest return was filed on 29 May 2019.

