Matrix Geo Solutions IPO
Matrix Geo Solutions IPO
Overview
Matrix Geo Solutions IPO is a book build issue of ₹40.20 crores. The issue is entirely a fresh issue of 0.39 crore shares of ₹40.20 crore. Matrix Geo Solutions IPO opens for subscription on Sep 23, 2025 and closes on Sep 25, 2025. The allotment for the Matrix Geo Solutions IPO is expected to be finalized on Sep 26, 2025. Matrix Geo Solutions IPO will list on NSE SME with a tentative listing date fixed as Sep 30, 2025. Matrix Geo Solutions IPO price band is set at ₹98.00 to ₹104.00 per share . The lot size for an application is 1,200. The minimum amount of investment required by an individual investor (retail) is ₹2,49,600.00 (2,400 shares) (based on upper price). The minimum lot size investment for HNI is 3 lots (3,600 shares), amounting to ₹3,74,400. Narnolia Financial Services Ltd. is the book running lead manager and Maashitla Securities Pvt.Ltd. is the registrar of the issue. The market maker of the company is Prabhat Financial Services Ltd..
Total Shares
38,65,200
Issue Size
-
Price Band
₹0 – ₹0
Lot Size
0 shares
Min. Investment
₹0
Max. Investment
₹0
Open Date
23 Sep, 2025
Close Date
25 Sep, 2025
Allotment
26 Sep, 2025
Listing
30 Sep, 2025
Max. Investment
₹0
Announced
23 Sep, 2025
Opening Date
23 Sep, 2025
Closing Date
25 Sep, 2025
Basis of Allotment
26 Sep, 2025
Initiation of Refunds
29 Sep, 2025
Credit of Shares
29 Sep, 2025
Listing Date
30 Sep, 2025
Live GMP
Est. Listing: ₹10
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About Matrix Geo Solutions IPO
Established in 2008, Matrix Geo Solutions Limited is a consultancy firm specializing in advanced survey technologies, such as photogrammetry, LiDAR, GIS, and remote sensing using drones and satellite imagery. These technologies serve the railways, roads, irrigation, mining, and power sectors.
The company has completed over 1,500 projects in 27 Indian states, covering diverse terrains from the Himalayas to urban areas. Key projects include India's first bullet train between Ahmedabad and
Matrix Geo Solutions IPO Share Price
Issue Breakdown
Shareholding
Dilution: 36.1% increase in shares
Matrix Geo Solutions IPO Promoters Holding
Matrix Geo Solutions IPO Financial Health
Matrix Geo Solutions Ltd.'s revenue increased by 61% and profit after tax (PAT) rose by 75% between the financial year ending with March 31, 2025 and March 31, 2024.
Matrix Geo Solutions IPO Lot Size
Investors can bid for a minimum of 2,400 shares and in multiples of 1,200 shares thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 2400 | - |
| Individual investors (Retail) (Max) | 2 | 2400 | - |
| S-HNI (Min) | 3 | 3600 | - |
| S-HNI (Max) | 8 | 9600 | - |
| B-HNI (Min) | 9 | 10800 | - |
(All values in CR)
Matrix Geo Solutions IPO Valuations
| Metric | Value |
|---|---|
| ROE | 35.21 |
| ROCE | 33.69 |
| Debt/Equity | 0.14 |
| RoNW | 35.21 |
| PAT Margin | 26.52 |
| EBITDA Margin | 37.08 |
(All values in CR)
Matrix Geo Solutions IPO Strength & Risk
Matrix Geo Solutions IPO Strength:
Comprehensive service portfolio including drone-based surveys, geospatial consulting, and training.
Utilizes advanced technologies like LiDAR, satellite imagery, and drone-based solutions.
DGCA-authorized Remote Pilot Training Organisation, enhancing credibility and skill development.
Consistent revenue growth and improving profitability margins indicating financial stability.
Diverse clientele across sectors such as railways, roadways, water, irrigation, renewable energy, agriculture, mining, and urban & rural planning.
Matrix Geo Solutions IPO Risk:
First-time public offering with no prior market for equity shares, leading to potential volatility.
Market price may fluctuate significantly post-listing.
Operational risks from dependence on leased premises and potential delays in facility setups.
Customer concentration risk due to reliance on a limited number of major clients.
Regulatory risks from potential changes in government policies related to drone operations and geospatial services.
Matrix Geo Solutions IPO GMP
Matrix Geo Solutions SME IPO last GMP is ₹10, last updated Sep 23rd 2025 05:29 PM. With the price band of 104.00, Matrix Geo Solutions SME IPO's estimated listing price is ₹114 (cap price + today's GMP).The expected percentage gain/loss per share is 9.62%. >> Matrix Geo Solutions SME IPO Retail Subject to Sauda: ₹9100 The lowest GMP is ₹0.00, while the highest GMP is ₹13.00.
Last updated 23 Sep, 2025 · Source: aggregated grey-market dealers
| Date | IPO Price | GMP | Sub2 Sauda | Est. Listing | Est. Profit | Updated |
|---|---|---|---|---|---|---|
| 23 Sep, 2025 | 104 | ₹10▼ | 9100 | ₹114 (9.62%) | 12000 | 23 Sep, 2025 |
| 22 Sep, 2025 | 104 | ₹13▲ | 11900 | ₹117 (12.50%) | 15600 | 22 Sep, 2025 |
| 21 Sep, 2025 | 104 | ₹10 | 9100 | ₹114 (9.62%) | 12000 | 21 Sep, 2025 |
| 20 Sep, 2025 | 104 | ₹10▲ | 9100 | ₹114 (9.62%) | 12000 | 20 Sep, 2025 |
| 19 Sep, 2025 | 104 | ₹5▲ | 4600 | ₹109 (4.81%) | 6000 | 19 Sep, 2025 |
| 18 Sep, 2025 | 104 | ₹0 | - | - | - | 18 Sep, 2025 |
| 17 Sep, 2025 | 0 | ₹0 | - | ₹ (0.00%) | - | 17 Sep, 2025 |
| 16 Sep, 2025 | 0 | ₹0 | - | - | - | 16 Sep, 2025 |
Disclaimer: GMP is an unofficial signal from grey-market dealers and is not regulated by SEBI. Use it alongside subscription data and other research for informed decision-making.
How to Apply for Matrix Geo Solutions IPO
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Find Matrix Geo Solutions IPO under the IPO section. Select it and enter your bid details — choose lot size and price (cut-off price recommended).
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Application Confirmed
Your funds will be blocked in your account until the IPO allotment process is completed.