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Allotment

Matrix Geo Solutions Limited

Matrix Geo Solutions Ltd. IPO is a book-built issue valued at ₹40.20 crore, comprising an entirely fresh issue of 0.39 crore equity shares, aggregating to ₹40.20 crore.

The IPO opened for subscription on September 23, 2025, and closed on September 25, 2025. The basis of allotment was finalized on September 26, 2025, and the shares were listed on the NSE SME platform on September 30, 2025.

The price band for the Matrix Geo Solutions IPO is fixed at ₹104 per share. The minimum application lot size is 1,200 shares. Retail investors are required to invest a minimum of ₹2,49,600 for 2,400 shares at the upper price band. For HNI investors, the minimum investment is 3 lots (3,600 shares), amounting to ₹3,74,400.

Narnolia Financial Services Ltd. is the book-running lead manager for the issue, while Maashitla Securities Pvt. Ltd. is acting as the registrar. The market maker for the IPO is Prabhat Financial Services Ltd..

Matrix Geo Solutions Limited IPO & Charts
₹104

0%

Open

₹104

HIgh - Low

₹104

Previous Close

₹104

Total Traded Value

0

52 Weeks High

₹104

52 Weeks Low

₹104

Updates On

Sep 15, 2025

IPO. Open

Sep 23, 2026

IPO. Close

Sep 25, 2026

IPO. Price

₹104.00

IPO Market price

₹151.65 Cr

IPO Details

IPO Date 30 Sep
IPO Listing Date 30 Sep
IPO Face Value ₹10.00 per share
IPO Price Range ₹104.00
IPO Issue Size 38,65,200 shares
IPO Sale Type Fresh Capital
Employee Discount -
IPO Issue Type Book Building IPO
IPO Listing NSE SME Platform
hare Holding Pre Issue 1,07,16,632 shares

IPO Timeline

IPO Open Date 23 Sep
IPO Close Date 25 Sep
IPO Allotment (Tentative) 26 Sep
Refunds 29 Sep
Credit to Demat Account 29 Sep
IPO Listing Date 30 Sep

IPO Reservation

Category Offer
QIB Shares Offered 18,21,600 Shares
NII (HNI) Shares Offered 5,50,800 Shares
Retail Shares Offered 12,79,200 Shares

IPO Lot Size

Investors can bid for a minimum of 2,400 shares, with additional shares to be purchased in multiples of 1,200.

Application Lots Share Amount
Retail (Min) 2 2,400 ₹2,49,600
Retail (Max) 2 2,000 ₹2,49,600
S-HNI (Min) 3 3,600 ₹3,74,400
S-HNI (Max) 8 9,600 ₹9,98,400
B-HNI (Min) 9 10,800 ₹11,23,200
About Company

Established in 2008, Matrix Geo Solutions Limited is a specialized consultancy firm offering advanced geospatial and survey solutions. The company leverages cutting-edge technologies such as photogrammetry, LiDAR, GIS, and remote sensing, utilizing drone and satellite imagery to serve sectors including railways, roads, irrigation, mining, and power.

Matrix Geo Solutions has successfully executed over 1,500 projects across 27 Indian states, covering diverse geographies ranging from the Himalayan region to dense urban landscapes. Its landmark projects include India’s first bullet train corridor between Ahmedabad and Mumbai, the Pune–Mumbai Hyperloop, and drone-based pipeline monitoring initiatives.

The company’s clientele comprises government departments, public sector undertakings, and leading private enterprises, such as Indian Railways, NHAI, NTPC, GAIL, L&T ECC, Adani Group, and Tata Projects.

Matrix Geo Solutions provides a comprehensive suite of services, including photogrammetry (AT, DTM/DEM, 3D compilation, orthophoto generation), LiDAR mapping, GIS and remote sensing, application development, topographical surveys, and engineering services. Its expertise also spans mining solutions, water distribution planning, satellite and aerial surveys, feasibility studies, infrastructure design, and flood analysis.

Service Offerings

Geospatial & GIS Services: Advanced GIS, remote sensing, and spatial data analytics supporting urban planning, land-use management, and disaster response.

LiDAR Mapping & 3D Modeling: High-resolution LiDAR-based mapping, terrain modeling, and 3D visualization for infrastructure development.

Photogrammetry & Aerial Surveying: Creation of DEMs, DTMs, and orthoimages using drone, aerial, and satellite platforms.

Engineering & Infrastructure Development: Feasibility studies, topographical surveys, and project planning for highways, railways, and smart cities.

Mining & Natural Resource Management: Geological mapping, mineral exploration, and environmental impact assessments.

Water Resource & Environmental Studies: Water distribution planning, watershed management, and flood risk analysis for sustainable development.

Software & Application Development: Customized GIS-based applications integrated with AI and big data analytics to enhance decision-making.

As of July 31, 2025, the company employed 100 permanent personnel.

Competitive Strengths

End-to-end in-house technology solutions

Strong, long-standing client relationships

Experienced and highly qualified management team

Matrix Geo Solutions Ltd. reported a 61% increase in revenue and a 75% rise in profit after tax (PAT) for the financial year ended March 31, 2025, compared to the year ended March 31, 2024.

Company Financials (Consolidated)

Assets 30.71 16.66 14.53
Total Income 22.19 13.77 8.91
Profit After Tax 5.86 3.35 1.09
EBITDA 8.19 4.88 1.84
NET Worth 21.91 11.38 8.03
Reserves and Surplus 11.19 11.37 8.02
Total Borrowing 1.68 1.62 1.64

Key Performance Indicator (KPI)

ROE 35.21%
ROCE 33.69%
Debt/Equity 0.14
RoNW 35.21%
PAT Margin 26.52%
EBITDA Margin 37.08%
Price to Book Value 5.09
IPO Objective

IPO Objects of the Issue

S.No. Objects of the ipo Resources Detail IPO Amount
1 Funding capital expenditure requirements for the purchase of equipment/machineries 2.72
2 To meet out the expenses of Working Capital Requirement 15.5
3 To meet out the General Corporate Purposes; 0.95
4 Offer for Sale (OFS) -

Contact Details

Matrix Geo Solutions Ltd. Address
Plot No-A-1/87
Third Floor, Sewak Park
Uttam Nagar
West Delhi, New Delhi, 110059
+91 7531007100
cs@matrix-geo.com

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Detail Registrar

IPO Registrar
Maashitla Securities Pvt.Ltd.

+91-11-45121795-96
investor.ipo@maashitla.com
https://maashitla.com/allotment-status/public-issues

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