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Matrix Geo Solutions Ltd

IPO Details · GMP · Subscription · Financials

✅ Listed BSE SME SME Live Chart
Issue Price
₹104
Per Share
GMP
NIL
Grey Market
Est. Listing
₹104
Expected Price
Min. Application
₹249,600
2 lots × 1200 shares
IPO Issue Details
Issue Price / Price Band₹104 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size1,200 Shares per Lot
Total Issue Size38,65,200 shares (aggregating up to ₹40.20 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenTue, 23 Sep 2025
Subscription CloseThu, 25 Sep 2025
Anchor AllotmentMon, 22 Sep 2025
Basis of AllotmentFri, 26 Sep 2025
Initiation of RefundsMon, 29 Sep 2025
Credit of Shares to DematMon, 29 Sep 2025
Listing DateTue, 30 Sep 2025
UPI Mandate Deadline2025-09-25
Application & Investment Details
Retail — Min (2 Lots)₹2,49,600 — 2400 shares
Retail — Max (13 Lots)₹1,622,400 (13 Lots)
HNI — Min (3 Lots)₹3,74,400 — 3600 shares
EPS (Pre-IPO)₹5.47
EPS (Post-IPO)₹4.02
P/E Ratio (Pre-IPO)19.02x
P/E Ratio (Post-IPO)25.88x
Net Offer to Public36,51,600 shares (aggregating up to ₹37.98 Cr)
Reserved for Market Maker2,13,600 shares (aggregating up to ₹2.22 Cr)
Pre-IPO Promoter Holding1,07,16,632 shares
Post-IPO Promoter Holding1,45,81,832 shares
About Matrix Geo Solutions Ltd

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 Mumbai, the Pune-Mumbai Hyperloop, and innovative drone-based pipeline monitoring.The company's clients include government agencies, public sector organizations, and private companies like Indian Railways, NHAI, NTPC, GAIL, L&T ECC, Adani Group, and Tata Projects.Matrix Geo Solutions offers services in photogrammetry (AT, DTM/DEM, 3D compilation, orthophoto), LiDAR, GIS/RS, application development, topographical surveys, and engineering services. Their expertise extends to mining, water distribution planning, satellite and aerial surveys, feasibility studies, design, and flood analysis.Services:Geospatial & GIS Services – Matrix Geo Solutions specializes in Geographic Information Systems (GIS), remote sensing, and spatial data analysis. These services support urban planning, land-use management, and disaster response.LiDAR Mapping & 3D Modeling – The company utilizes advanced LiDAR technology for high-resolution mapping, terrain modeling, and 3D visualization, crucial for infrastructure projects.Photogrammetry & Aerial Surveying—Matrix Geo Solutions provides photogrammetric services, including digital elevation models (DEM), digital terrain models (DTM), and orthoimage generation, through drone, aerial, and satellite imagery.Engineering & Infrastructure Development – Supporting large-scale projects, the company offers feasibility studies, topographical surveys, and project planning for highways, railways, and smart city development.Mining & Natural Resource Management – The firm provides geological mapping, mineral exploration, and environmental impact assessments, helping industries optimize resource extraction.Water Resource & Environmental Studies – Matrix Geo Solutions is involved in water distribution planning, watershed management, and flood risk analysis to support sustainable development.Software & Application Development – The company develops customized GIS-based applications for various industries, integrating AI and big data analytics for better decision-making.As of July 31, 2025, the Company had 100 permanent employees on its payroll.Competitive Strength:In-house End-to-End Technology Solution.Long-standing relationships with its clients.Experienced and Qualified management team.

Objects of the Issue

Matrix Geo Solutions Ltd proposes to utilise the net proceeds from the Issue for the following objects:

1
Purchase of New drones
6.47
2
Purchase of Survey Equipment and Technologies
8.02
3
Capital expenditure
2.72
4
Funding the Working Capital requirement
15.50
5
General Corporate Purposes
Shareholding & Lock-in
Pre-IPO Promoter Holding 1,07,16,632 shares
Post-IPO Promoter Holding 1,45,81,832 shares
Check AllotmentCheck Status →
Matrix Geo Solutions Ltd — Live Price LIVE
₹104.00
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Issue ₹104.00 Live Price
Quick Facts
GMP Signal ⚪ No GMP
StatusListed
Issue Price₹104
GMPNIL
Est. Listing₹104
Lot Size1,200 shares
Min Amount₹249,600
Listing Date30 Sep 2025
Disclaimer: GMP is unofficial and unregulated. It does not guarantee actual listing price.
Listing Performance
Issue Price₹104
Listing Date30 Sep 2025
Listing Price
Listing Gain/Loss—%
52-Week High
52-Week Low
Issue Structure & Reservation
Category Shares Offered % Issue Amount (₹ Cr)* Subscription
Market Maker 213,600 ₹2.22 Cr
TOTAL 3,865,200 100.00% ₹40.20 Cr
* Based on ₹104.00 (upper price band)
Lot Size & Investment Details
Lot Size
1,200
Shares
Issue Price
₹104.00
Per Share
Min Investment
₹124,800
1 Lot
Category Lots Shares Amount (₹)
Retail (Min) 1 1,200 ₹124,800
Retail (Max) 13 15,600 ₹1,622,400
sNII (Min) 14 16,800 ₹1,747,200
bNII (Min) 68 81,600 ₹8,486,400
Company Financials — Restated Consolidated (Amount in ₹ Crore)
Particulars31 Mar 202531 Mar 202431 Mar 2023
Revenue from Operations 22.19 13.77 8.91
EBITDA 8.19 4.88 1.84
Profit After Tax (PAT) 5.86 3.35 1.09
Net Worth 21.91 11.38 8.03
Total Assets 30.71 16.66 14.53
Reserves & Surplus 11.19 11.37 8.02
Total Borrowings 1.68 1.62 1.64
Key Ratios & Valuation
Issue Price ₹104
Face Value ₹10 Per Share
P/BV 5.09
RoE 35.21
RoCE 33.69
RoNW 35.21
PAT Margin (%) 26.52
EBITDA Margin (%) 37.08
Debt / Equity 0.14
Company Details
Company
Matrix Geo Solutions Ltd
Exchange
BSE SME
IPO Type
SME IPO
Issue Type
Bookbuilding IPO
Face Value
₹10 Per Share
Script Code
N/A
Address
Plot No-A-1/87 Third Floor, Sewak Park Uttam Nagar West Delhi, New Delhi, 110059
Book Running Lead Managers
Narnolia Financial Services Ltd
Book Running Lead Manager (BRLM)