Matrix Geo Solutions Limited – IPO

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 September 26, 2025. Matrix Geo Solutions IPO will list on NSE SME with a tentative listing date fixed as September 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.

Matrix Geo Solutions Limited – IPO Details

IPO Date September 23, 2025 to September 25, 2025
Listing Date September 30, 2025
Face Value ₹ 10 / Share
Price Band ₹ 98 to ₹ 104 / Share
Lot Size 1200 Shares
Total Issue Size 38,65,200 shares
(Aggregating up to ₹40.20 Cr)
Fresh Issue
Offer for Sale
Employee Discount
Issue Type Bookbuilding IPO
Listing At NSE SME
Share holding pre issue 1,07,16,632 shares
Share holding post issue 1,45,81,832 shares
Market Maker portion

Matrix Geo Solutions Limited Timeline (Tentative Schedule)

Matrix Geo Solutions Limited IPO opens on September 23, 2025, and closes on September 25, 2025.

IPO Open Date September 23, 2025
IPO Close Date September 25, 2025
Basis of Allotment September 26, 2025
Initiation of Refunds September 29, 2025
Credit of Shares to Demat September 29, 2025
Listing Date September 30, 2025
Cut-off time for UPI mandate confirmation September 25, 2025

Matrix Geo Solutions Limited 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
Retail (Min) 2 2,400 Rs.249,600
Retail (Max) 2 2,400 Rs.249,600
S-HNI (Min) 3 3,600 Rs.374,400
S-HNI (Max) 8 9,600 Rs.998,400
B-HNI (Min) 9 10,800 Rs.1,123,200
HNI (Min)

Matrix Geo Solutions Limited IPO Promoter Holding

Share Holding Pre Issue 91.52%
Share Holding Post Issue 67.26%

Matrix Geo Solutions Limited IPO Reservation

Matrix Geo Solutions IPO offers a total of 38,65,200 shares. Out of which 18,21,600 (47.13%) allocated to QIB, 7,30,800 (18.91%) allocated to QIB (Ex- Anchor), 5,50,800 (14.25%) allocated to NII, 12,79,200 (33.10%) allocated to RII, and 10,90,800 (28.22%) allocated to Anchor investors.

Investor Category Shares Offered Maximum Allottees
Anchor Investor Shares Offered
Market Maker Shares Offered 2,13,600
(5.53%)
Other Shares Offered
QIB Shares Offered 18,21,600
(47.13%)
NII (HNI) Shares Offered 5,50,800
(14.25%)
bNII > ₹10L
sNII < ₹10L
Retail Shares Offered 12,79,200
(33.10%)
Employee Shares Offered
Total Shares Offered 38,65,200
(100.00%)

Matrix Geo Solutions Limited IPO Anchor Investors Details

Matrix Geo Solutions IPO raises ₹11.34 crore from anchor investors. Matrix Geo Solutions IPO Anchor bid date is September 22, 2025. 

Bid Date 2025-09-22
Shares Offered
Anchor Portion Size (In Cr.) 11.34
Anchor lock-in period end date for 50% shares (30 Days) October 26, 2025
Anchor lock-in period end date for remaining shares (90 Days) December 25, 2025

About Matrix Geo Solutions Limited

Matrix Geo Solutions Limited, a consultancy company dealing with advanced survey technologies like photogrammetry, LiDAR, GIS, and drone and satellite remote sensing, was formed in 2008. These technologies cater to the railways, roads, irrigation, mines, and power industries.

The company has successfully executed more than 1,500 projects across 27 Indian states with varied geography ranging from the Himalayas to urban centers. Some prominent projects are India's first bullet train from Ahmedabad to Mumbai, Pune-Mumbai Hyperloop, and cutting-edge drone-based pipeline surveillance.

The company's customers consist of government organizations, public sector enterprises, and private sector organizations such as Indian Railways, NHAI, NTPC, GAIL, L&T ECC, Adani Group, and Tata Projects.

Services include photogrammetry (AT, DTM/DEM, 3D compilation, orthophoto), LiDAR, GIS/RS, application development, topographical surveys, and engineering services. Their services include mining, water distribution planning, satellite and aerial surveying, feasibility studies, design, and flood analysis.

Services:

Geospatial & GIS Services – Matrix Geo Solutions is skilled in Geographic Information Systems (GIS), remote sensing, and spatial data analysis. These services are helpful in urban planning, land-use management, and disaster response.

LiDAR Mapping & 3D Modeling – The organization leverages cutting-edge LiDAR technology to capture high-resolution mapping, terrain modeling, and 3D visualization, which are essential for infrastructure projects.

Photogrammetry & Aerial Surveying—Matrix Geo Solutions offers photogrammetric services, such as digital elevation models (DEM), digital terrain models (DTM), and orthoimage generation, using drone, aerial, and satellite imagery.

Engineering & Infrastructure Development – Facilitating mega-scale projects, the firm provides topographical surveying, feasibility studies, and highway, railway, and smart city development project planning.

Mining & Natural Resource Management – Offering geological mapping, mineral exploration, and environmental impact analysis, the firm assists industries in maximizing resource extraction.

Water Resource & Environmental Studies – Matrix Geo Solutions undertakes water distribution planning, watershed management, and flood risk analysis to enable sustainable development.

Software & Application Development – The Company creates tailored GIS-based applications for diverse industries, combining AI and big data analytics for improved 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.

Highly Experienced and Qualified management team.

Key Performance Indicator

The market capitalization of Matrix Geo Solutions IPO is ₹151.65 Cr.

KPI Values
ROE 35.21%
ROCE 33.69%
Debt/Equity 0.14
RoNW 35.21%
P/BV 5.09
PAT Margin (%) 26.52%
  Pre IPO Post IPO
EPS (Rs) 5.47 4.02
P/E (x) 19.02 25.88

Note:

  • The Pre IPO EPS is calculated based on Pre issue shareholding as on the date of RHP and the latest FY earnings as of March 31, 2025, that is available in RHP.
  • The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of March 31, 2025, which is available in RHP.

Objects of the Issue (Matrix Geo Solutions Limited IPO Objectives)

Matrix Geo Solutions Limited 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[email protected]

Websitehttps://www.matrix-geo.com/

Matrix Geo Solutions Limited IPO Registrar

Maashitla Securities Pvt.Ltd.

Phone: +91-11-45121795-96

Email[email protected]

Websitehttps://maashitla.com/allotment-status/public-issues

Frequently Asked Questions


What is Matrix Geo Solutions Limited IPO?
The Matrix Geo Solutions Limited IPO is classified as an SME IPO. The issue price is set between ₹98 and ₹104 per equity share. A minimum of 1200 shares is required per order. The IPO will be open from September 23, 2025, to September 25, 2025. The shares are proposed to be listed on NSE SME.

When does the Matrix Geo Solutions Limited IPO open and close?
The Matrix Geo Solutions Limited IPO will be opened on September 23, 2025, and closed on September 25, 2025.

What is the issue size of the Matrix Geo Solutions Limited IPO?
The size of the Matrix Geo Solutions Limited IPO is ₹40.20 Crin total. A fresh issue of shares, aggregating up to , is included.

What is the price band of the Matrix Geo Solutions Limited Limited IPO?
The price band for the IPO has been set between ₹98 - ₹104 per equity share.

What is the allotment date of the Matrix Geo Solutions Limited IPO?
The share allotment date for the Matrix Geo Solutions Limited IPO is set for September 26, 2025.

What is the Matrix Geo Solutions Limited listing date?
The Matrix Geo Solutions Limited IPO is scheduled to be listed on September 30, 2025.

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