Matrix Geo Solutions Limited IPO
NSE SMEListed On: Sep 30, 2025 at ₹ 103.90
₹ 249600 /2400 Shares
*Min Investment
23 Sep, 2025
Open Date25 Sep, 2025
Close Date26 Sep, 2025
Allotment Date30 Sep, 2025
Listing DateMatrix Geo Solutions IPO Live Subscription Details
View Subscription DetailsMatrix Geo Solutions IPO Issue Details
- Issue Price ₹98 - 104 per equity share
- Face Value ₹10 Per Equity Share
- Total Issue Size 38,65,200 shares(aggregating up to ₹40.2 crore)
- Fresh Share 38,65,200 shares(aggregating up to ₹40.2 crore)
- Listing at NSE SME
- List Price 103.90
- Listing Date 2025-09-30
- Lead Manager Narnolia Financial Services Ltd.
- Registrar Maashitla Securities Pvt.Ltd.
Market Lot Size
Investors can bid for a minimum of 2,400 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual (min) | 2 | 2,400 | ₹2,49,600 |
| Individual(max) | 2 | 2,400 | ₹2,49,600 |
| SHNI(min) | 3 | 3,600 | ₹3,74,400 |
| SHNI(max) | 8 | 9,600 | ₹9,98,400 |
| BHNI(min) | 9 | 10,800 | ₹11,23,200 |
Matrix Geo Solutions IPO Reservation
Matrix Geo Solutions IPO offers total 38,65,200 shares. Out of which 7,30,800 (18.91%) allocated to QIB, 5,50,800 (14.25%) allocated to NII,12,79,200 (33.1%) allocated to RII, NA (NA%) allocated to employees and 10,90,800 (28.22%) allocated to Anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 10,90,800 (28.22%) | |
| Market Maker Shares Offered | 2,13,600 (5.53%) | |
| QIB Shares Offered | 7,30,800 (18.91%) | |
| NII (HNI) Shares Offered | 5,50,800 (14.25%) | |
| bNII < ₹10L | 3,67,200 (9.5%) | |
| sNII < ₹10L | 1,83,600 (4.75%) | |
| Individual Shares Offered | 12,79,200 (33.1%) | |
| Total Shares Offered | 38,65,200 (100%) |
Matrix Geo Solutions IPO Details
Matrix Geo Solutions Limited IPO is an SME IPO, priced at ₹98 - 104 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the NSE SME platform. The IPO comprises a total issue of 38,65,200 equity shares, aggregating up to ₹40.2 crores..
The IPO bidding window is open from Sep 23, 2025 to Sep 25, 2025. The allotment is expected to be finalized on Sep 26, 2025, and the tentative listing date is Sep 30, 2025.
The minimum lot size for Individual investors is 2,400 shares, with a minimum investment of ₹2,49,600.
Narnolia Financial Services Ltd. is acting as the lead manager to the issue. The registrar of the IPO is Maashitla Securities Pvt.Ltd., and Prabhat Financial Services Ltd. will act as the market maker for this issue.
Matrix Geo Solutions IPO Subscription Analysis And Details
| As on | QIB / NII | Individual | Total |
|---|---|---|---|
| Shares Offered / Reserved | 7,30,800 / 5,50,800 | 12,79,200 | 25,60,800 |
Day 1 23-09-25 06:00 PM | 0.00 / 0.15 x | 0.38 x | 0.22 x |
Day 2 24-09-25 06:00 PM | 0.00 / 0.40 x | 1.06 x | 0.61 x |
Day 3 25-09-25 06:00 PM | 12.50 / 8.87 x | 4.43 x | 7.69 x |
Matrix Geo Solutions Valuations
Matrix Geo Solutions Company Financials
| 31-Mar-25 | 31-Mar-24 | 31-Mar-23 | |
|---|---|---|---|
| Assets | 30.71 | 16.66 | 14.53 |
| Revenue | 22.19 | 13.77 | 8.91 |
| Profit After Tax | 5.86 | 3.35 | 1.09 |
| Net Worth | 21.91 | 11.38 | 8.03 |
| Reserves & Surplus | 11.19 | 11.37 | 8.02 |
| Total Borrowing | 1.68 | 1.62 | 1.64 |
About Matrix Geo Solutions Company
Founded in 2008, Matrix Geo Solutions Limited is a consultancy company dealing in innovative survey technologies, including photogrammetry, LiDAR, GIS, and remote sensing employing drones and satellite images. These technologies cater to the railways, roads, irrigation, mining, and power industries.
The firm has executed more than 1,500 projects across 27 Indian states with varying geographies ranging from the Himalayas to cities. Some of the most significant projects undertaken by the firm include India's first bullet train connecting Ahmedabad and Mumbai, the Hyperloop between Pune and Mumbai, and cutting-edge drone-based pipeline surveillance.
Some of the firm's clients include government, public sector undertakings, and private enterprises such as Indian Railways, NHAI, NTPC, GAIL, L&T ECC, Adani Group, and Tata Projects.
Matrix Geo Solutions provides photogrammetry (AT, DTM/DEM, 3D compilation, orthophoto), LiDAR, GIS/RS, application development, topographical surveys, and engineering services. Their expertise also includes mining, water supply planning, satellite and aerial surveying, feasibility, design, and flood analysis.
Services:
Geospatial & GIS Services – Matrix Geo Solutions is experts in Geographic Information Systems (GIS), remote sensing, and spatial data analysis. They offer these services to enable urban planning, land-use management, and disaster response.
LiDAR Mapping & 3D Modeling – Matrix Geo Solutions employs cutting-edge LiDAR technology for detailed mapping, terrain modeling, and 3D visualization, which are essential for infrastructure developments.
Photogrammetry & Aerial Surveying—Matrix Geo Solutions offers photogrammetric solutions, such as digital elevation models (DEM), digital terrain models (DTM), and orthoimage creation, through drone, aerial, and satellite imaging.
Engineering & Infrastructure Development – Facilitating big-ticket projects, the organization provides feasibility reports, topographical surveys, and project planning services for highways, railways, and smart city development.
Mining & Natural Resource Management – The company offers geological mapping, exploration for minerals, and environmental impact assessments, assisting industries in maximizing the extraction of resources.
Water Resource & Environmental Studies – Matrix Geo Solutions conducts water distribution planning, watershed management, and flood risk analysis to enable sustainable development.
Software & Application Development – The firm creates tailored GIS-based applications for various sectors with the incorporation of AI and big data analytics for enhanced decision-making.
As of July 31, 2025, there were 100 permanent employees on the Company's payroll.
Matrix Geo Solutions - Promoter(s)
Mr. Rahul Jain
Mr. Amit Sharma
Ms. Meenal Jain
Ms. Harshada Kulkarni
Pre Issue Share Holding : 91.52%
Post Issue Share Holding : 67.26%
Matrix Geo Solutions IPO - Issue Objectives
Purchase of New drones - ₹6.47 Cr
Purchase of Survey Equipment and Technologies - ₹8.02 Cr
Capital expenditure - ₹2.72 Cr
Funding the Working Capital requirement - ₹15.50 Cr
General Corporate Purposes
Contact Details
Matrix Geo Solutions
Plot No-A-1/87 Third Floor, Sewak Park Uttam Nagar West Delhi, New Delhi, 110059
+91 7531007100
Registrar Contact Details
Maashitla Securities Pvt.Ltd.
+91-11-45121795-96
Matrix Geo Solutions IPO - FAQs
Ans. Matrix Geo Solutions Limited IPO is a SME IPO. The issue is priced at ₹98 - 104 per equity share. The minimum order quantity is 1200 Shares. The IPO opens on Sep 23, 2025, and closes on Sep 25, 2025. Maashitla Securities Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Matrix Geo Solutions Limited IPO opens on Sep 23, 2025 and closes on Sep 25, 2025.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Matrix Geo Solutions Limited IPO is 38,65,200 shares (aggregating up to ₹40.19 Cr) #Fresh Issue: 38,65,200 shares (aggregating up to ₹40.19 Cr).
Ans. The Matrix Geo Solutions Limited IPO price band is set between ₹98 - 104 per equity share.
Ans. To apply for Matrix Geo Solutions Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Matrix Geo Solutions Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Matrix Geo Solutions Limited IPO is Sep 26, 2025.
Ans. The Matrix Geo Solutions Limited IPO will be listed on Sep 30, 2025.
Ans. Follow the steps to check the Matrix Geo Solutions Limited IPO allotment status online.
