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Production House Rising Hindi
Sanjay Routray · Stree 2 Co-Prod · MHCU Partner

Matchbox Shots

Founded 2018 · Mumbai · Sanjay Routray · OTT: Amazon Prime Video
Founded
2018
Sanjay Routray
Stree 2
₹875 Cr WW (co-prod)
2024 · Biggest Hindi original of decade
Bhediya
₹85 Cr WW (co-prod)
2022 · Maddock + Matchbox
Munjya
₹130 Cr WW (co-prod)
2024 · Surprise summer hit
Next
MHCU continuation
Through Maddock partnership
Cumulative
~₹1,100 Cr
Boxoffy estimate · lifetime

Analysis Boxoffy Intelligence

Boxoffy · Box Office Intelligence · Updated May 2, 2026

Matchbox Shots is the boutique that punches massively above its weight by riding the Maddock Horror Comedy Universe's commercial floor. As co-producer on Stree (₹180 Cr WW), Bhediya (₹85 Cr WW), Munjya (₹130 Cr WW), and Stree 2 (₹875 Cr WW, 2024), Matchbox has been the silent partner on the only successful cinematic universe in Hindi cinema. The co-production model: Maddock holds creative + brand; Matchbox holds financing + distribution stakes. Routray's Mumbai-based team operates lean — under 15 people running co-production credits on the most consistent hit-making slate in the language. Future MHCU entries (Thama, Naagin, Stree 3) keep Matchbox in the franchise.

Boxoffy Note
Matchbox proves that in modern Hindi cinema, you don't have to lead a franchise to benefit from one. The co-production credit on Stree 2 alone is worth more than most production houses earn in a decade.

Profile Studio Profile

Founded
2018
Founder
Sanjay Routray
Current Head
Sanjay Routray
Headquarters
Mumbai
Languages
Hindi
Tier
RISING
OTT Partner
Amazon Prime Video

Filmography Key Films

Stree 2 (co) Munjya (co) Bhediya (co) Stree (co)

Pipeline 2026 Slate & Upcoming

Finance Estimated Market Valuation

Estimated Enterprise Value
₹600–900 Cr
ESTIMATED
MHCU co-production stake value + lean operating model + reliable upside

Corporate Structure Listing & Revenue

ListedNo — privately held by Sanjay Routray
Revenue ReferenceEstimated ₹150-300 Cr per active year (co-prod share)

Corporate Ownership & Structure

Person
Role
Notes
Stake
Sanjay Routray
Founder & MD
Sole owner · Maddock partnership architect
100%
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