Matrix Geo Solutions IPO
Matrix Geo Solutions is an NSE SME IPO listed on the NSE SME platform, priced at ₹98–₹104 per share. The stock debuted at ₹103.9 with a flat listing performance. The IPO had a lot size of ₹1200 shares and a minimum investment of ₹2,49,600.
Matrix Geo Solutions Limited IPO
- IPO Dates
- Sep 23, 2025 – Sep 25, 2025
- Price band
- ₹98-104 per equity share
- Minimum Investment
- ₹2,49,600
- Issue size
- ₹40.2 Cr
- Lot size
- 1200
- Allotment Date
- Sep 26, 2025
- Listing
- Sep 30, 2025
- Listing At
- NSE SME
IPO timeline
-
Sep 23, 2025
Open Date
Completed
-
Sep 25, 2025
Close Date
Completed
-
Sep 26, 2025
Allotment Date
Completed
-
Sep 30, 2025
Listing Date
Completed
Matrix Geo Solutions IPO Subscription Details
View Subscription DetailsMatrix Geo Solutions IPO subscription status shows demand across QIB, NII, and retail categories, helping investors understand participation levels.
Last updated:Matrix Geo Solutions IPO Essentials
Matrix Geo Solutions IPO Details
Matrix Geo Solutions IPO is priced at ₹98-104 per share with a total issue size of 40.2 crore. The IPO has a lot size of 1200 shares and is listed on NSE SME.
- Issue price
- ₹98 - 104 per equity share
- Lot size
- 1200 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 38,65,200 shares (aggregating up to ₹40.19 Cr)
#Fresh Issue: 38,65,200 shares (aggregating up to ₹40.19 Cr) - Total issue size
- 38,65,200 shares
(aggregating up to ₹40.2 crore) - Fresh issue
- 38,65,200 shares
(aggregating up to ₹40.2 crore) - Listing at
- NSE SME
- List price
- 103.90
- Listing date
- Registrar
- Maashitla Securities Pvt.Ltd.
- Lead manager
-
Narnolia Financial Services 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 |
| sHNI(min) | 9 | 10,800 | ₹11,23,200 |
Matrix Geo Solutions IPO Reservation
Matrix Geo Solutions IPO reservation details show category-wise allocation of shares. Out of the total 38,65,200 shares, approximately 18.91% are reserved for QIB, 14.25% for NII, 33.1% for retail investors, 5.53% for market maker, and 28.22% for 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%) | |
| bHNI > ₹10L | 3,67,200 (9.5%) | 102 |
| sHNI < ₹10L | 1,83,600 (4.75%) | 51 |
| Individual Shares Offered | 12,79,200 (33.1%) | 553 |
| Total Shares Offered | 38,65,200 (100%) |
Matrix Geo Solutions IPO Analytics
Matrix Geo Solutions IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Matrix Geo Solutions IPO Subscription Status
Matrix Geo Solutions IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO is currently subscribed 7.77x, indicating strong demand across investor categories.
| 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 |
|
Total No. of Applications
|
bHNI | sHNI | Individual |
|---|---|---|---|
| 2999 (Approx) | 3.26x | 5.9x | 4.27x |
Matrix Geo Solutions Valuations
Earnings
- EPS Pre IPO
- ₹5.47
- EPS Post IPO
- ₹4.02
- P/E Pre IPO
- 19.02
- P/E Post IPO
- 25.88
Returns
- ROE
- 35.21%
- ROCE
- 33.69%
- RoNW
- 35.21%
- PAT Margin
- 26.52%
Fundamentals
- Debt / Equity
- 0.14
- Price / Book
- 5.09
Matrix Geo Solutions Financials( In Crs.)
| 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 |
Matrix Geo Solutions Company & Offer Insights
About Matrix Geo Solutions
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 are the company's promoters of Matrix Geo Solutions.
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 Information
Contact Details
Matrix Geo Solutions
+91 7531007100
Plot No-A-1/87 Third Floor, Sewak Park Uttam Nagar West Delhi, New Delhi, 110059
Registrar Contact Details
Maashitla Securities Pvt.Ltd.
+91-11-45121795-96
Frequently Asked Questions
Click any question to reveal the answer
Matrix Geo Solutions IPO is a book-built IPO worth ₹40.2 crore. The price band is ₹98–₹104 per share. The IPO opens on Sep 23, 2025 and closes on Sep 25, 2025. It will be listed on NSE SME Platform. Maashitla Securities Pvt. Ltd. is the registrar.
The price band of Matrix Geo Solutions IPO is ₹98 to ₹104 per share.
The lot size of Matrix Geo Solutions IPO is 1200 shares.
The minimum investment for Matrix Geo Solutions IPO is approximately ₹2,49,600 based on the upper price band .
Matrix Geo Solutions IPO opens on Sep 23, 2025 and closes on Sep 25, 2025.
The allotment date of Matrix Geo Solutions IPO is Sep 26, 2025.
Matrix Geo Solutions IPO is expected to be listed on Sep 30, 2025, on NSE SME Platform.
Matrix Geo Solutions IPO valuation snapshot: P/E 25.88, EPS ₹4.02, P/B 5.09, RoNW 35.21%, and market cap N/A.
To apply for Matrix Geo Solutions IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Matrix Geo Solutions IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Matrix Geo Solutions IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Matrix Geo Solutions IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Matrix Geo Solutions IPO allotment status on IPO Ji for quick and easy access.