Matrix Geo Solutions Limited IPO Details
SME
Matrix Geo Solutions IPO opens for subscription on 23 Sep 2025 and closes on 25 Sep 2025. The IPO will be listed on NSE with the tentative listing date set for 30 Sep 2025.
Matrix Geo Solutions IPO price band has been fixed at ₹98 – ₹104 per share.The face value is ₹10 per share with a lot size of 1200.
Matrix Geo Solutions IPO total issue size comprises 38,65,200 shares (aggregating up to ₹40.20 Cr). This includes a fresh issue of 38,65,200 shares (aggregating up to ₹40.20 Cr). Pre-issue shareholding stands at 1,07,16,632, which will increase to 1,45,81,832 post-issue.
Matrix Geo Solutions IPO carries a ₹9 (8.7%) GMP, reflecting investor sentiment.
Matrix Geo Solutions IPO Lot Size : Individual Minimum is 2 lots (2,400 shares) amounting to ₹249,600. Individual Maximum is 2 lots (2,400 shares) amounting to ₹249,600. SHNI Minimum is 3 lots (3,600 shares) amounting to ₹374,400. SHNI Maximum is 8 lots (9,600 shares) amounting to ₹998,400. BHNI Minimum is 9 lots (10,800 shares) amounting to ₹1,123,200.
The Lead Managers for Matrix Geo Solutions IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is Narnolia Financial Services Ltd. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.
For SME (Small and Medium-sized Enterprise) IPOs, a Market Maker is appointed to ensure liquidity and stability for the stock once it is listed. They do this by continuously quoting bid and ask prices, ensuring there is a market for the shares. The appointed market maker for this IPO is Prabhat Financial Services. You can analyze their track record by checking the Market Maker Performance Summary report.
For detailed information, Refer to the Matrix Geo Solutions Limited RHP.
Matrix Geo Solutions IPO Details
Matrix Geo Solutions IPO Subscription
Matrix Geo Solutions IPO Application Wise Breakup
Matrix Geo Solutions IPO Dates
- 23 Sep 2025Opening dateOPD
- 25 Sep 2025Closing dateCOD
- 26 Sep 2025Allotment Date BOA
- 29 Sep 2025Initiation of RefundsIOR
- 29 Sep 2025Credit of SharesCOS
- 30 Sep 2025Listing dateLID
Matrix Geo Solutions IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual Minimum | 2 | 2400 | ₹249,600 |
| Individual Maximum | 2 | 2400 | ₹249,600 |
| SHNI Minimum | 3 | 3600 | ₹374,400 |
| SHNI Maximum | 8 | 9600 | ₹998,400 |
| BHNI Minimum | 9 | 10800 | ₹1,123,200 |
Matrix Geo Solutions IPO Reservation
Promoter Holding
Matrix Geo Solutions IPO Valuations
Matrix Geo Solutions Financial Information
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
| 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 |
| Amount in ₹ Crore | |||
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 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 January 31, 2025, the Company had 97 permanent employees on its payroll.
Strength Of Matrix Geo Solutions IPO
1. Effective market anticipation.
2. Favorable Government policies.
3. Cordial relations with our clients.
4. Emerging segment in India.
5. Quality Deliverables.
Risk Of Matrix Geo Solutions IPO
1. Our major revenue is sourced from Geospatial & Consultancy Services. Our inability or failure to manage and attract more clients under these services could adversely affect our business.
2. Our contingent liabilities as stated in our Restated Financial Statements could adversely affect our financial conditions.
3. Our training business, (training through drones) is highly regulated and subject to change, we have a DGCA license subject to certain conditions. If we fail to comply with the applicable regulations, rules prescribed by Government of India as well as condition on which DGCA license has issued, our business, financial condition may have a material adverse effect on our business & operations.
4. Our business operations rely on the continuous updating of technologies and survey equipment. To stay competitive in the market, it is essential for our company to regularly upgrade our technologies.
5. The restated financial statements have been provided by peer reviewed chartered accountants who are not statutory auditors of our Company.
6. We depend on a limited number of customers for a significant portion of our revenues. The loss of a major customer or significant reduction in demand from any of our major customers may adversely affect our business, financial condition, results of operations and prospects.
7. We outsource certain services to external providers and depend on third-party suppliers to deliver services to our customers during periods of increased demand. Any dispute with one or more of them may adversely affect our business operations.
8. Our top four states contribute our major revenue for the period ended September 30, 2024, and the year ended 31st March 2024, 2023, 2022. Any loss of business from one or more of these states may adversely affect our revenues and profitability.
9. Significant security breaches in our software, data and network infrastructure and fraud could adversely impact our business.
10. Any unauthorized access or intrusion into our software or systems, as well as any form of cyber-attack, could significantly harm our business and have a negative impact on our financial condition and operating results.
Objectives Matrix Geo Solutions IPO
1. Purchase of New drones
2. Purchase of Survey Equipment and Technologies
3. Capital expenditure
4. Funding the Working Capital requirement
5. General Corporate Purposes
Company Contact Details
Matrix Geo Solutions Ltd.
Plot No-A-1/87
Third Floor, Sewak Park
Uttam Nagar
West Delhi, New Delhi, 110059
Phone: +91 7531007100
Email: cs@matrix-geo.com
Website: https://www.matrix-geo.com/
Registrar Contact Details
Lead Mangers
Lead Manager Reports
Market Maker
Market Maker Reports
Read more about Shringar House of Mangalsutra IPO
- Matrix Geo Solutions Limited IPO Detail
- Matrix Geo Solutions Limited IPO Subscription Detail
- Matrix Geo Solutions Limited IPO GMP Detail
- Checked Live Matrix Geo Solutions Limited IPO Allotment Status
- Matrix Geo Solutions Limited IPO Basis Of Allotment
- Matrix Geo Solutions Limited IPO Price Calculator
- Matrix Geo Solutions Limited IPO Stock Price