Matrix Geo Solutions IPO Details
The Matrix Geo Solutions IPO is a book build issue with a total issue size of ₹40.2 cr Matrix Geo Solutions IPO opened for subscription on Sep 23, 2025 and closed on Sep 25, 2025. Matrix Geo Solutions IPO is set price band at ₹98 to ₹104 per share, with a lot size of 1200 shares. Minimum investment for Retail investors was ₹249,600.00 (at the upper price band) to apply for one lot.
The basis of allotment got finalized on Sep 26, 2025, and listed on the NSE on Sep 30, 2025.
Maashitla Securities Pvt. Limited has been appointed as the registrar. Narnolia Financial Services are the Book Running Lead Manager for the issue.
Before investing in the Matrix Geo Solutions IPO, investors should review the company's financial performance, business objectives, and risk factors mentioned in the offer documents and apply before the subscription window closes.
- Price Band
- ₹ 98 – 104
- Lot Size
- 1200
- Issue Size
- ₹40.2 Cr
- Minimum Investment
- ₹249600 (2400 Shares)
- Listing Date
- 30 September 2025
Current GMP
₹9 (+8.65%)
*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.
About Matrix Geo Solutions Limited
Matrix Geo Solutions Limited
Established in 2008, Matrix Geo Solutions Limited is a leading consultancy firm specializing in advanced geospatial survey technologies, including photogrammetry, LiDAR, GIS, and remote sensing using drones and satellite imagery. The company delivers end-to-end solutions to sectors such as railways, roads, irrigation, mining, and power.
Over the years, Matrix Geo Solutions has successfully executed more than 1,500 projects across 27 Indian states, covering terrains ranging from the Himalayas to dense urban landscapes. Landmark projects include India’s first bullet train corridor between Ahmedabad and Mumbai, the Pune–Mumbai Hyperloop, and pioneering drone-based pipeline monitoring initiatives.
The company serves a diverse client base comprising government agencies, public sector organizations, and private enterprises. Key clients include Indian Railways, NHAI, NTPC, GAIL, L&T ECC, Adani Group, and Tata Projects.
Core Services
- Geospatial & GIS Services – Expertise in Geographic Information Systems (GIS), remote sensing, and spatial data analysis to support urban planning, land-use management, and disaster response.
- LiDAR Mapping & 3D Modeling – High-resolution LiDAR-based mapping, terrain modeling, and 3D visualization to support infrastructure and engineering projects.
- Photogrammetry & Aerial Surveying – Generation of DEMs, DTMs, orthophotos, and 3D compilations using drone, aerial, and satellite imagery.
- Engineering & Infrastructure Development – Feasibility studies, topographical surveys, and project planning for highways, railways, smart cities, and other large-scale infrastructure.
- Mining & Natural Resource Management – Geological mapping, mineral exploration, and environmental impact assessments to aid sustainable resource utilization.
- Water Resource & Environmental Studies – Water distribution planning, watershed management, and flood risk analysis for sustainable development.
- Software & Application Development – Customized GIS-based applications integrating AI and big data analytics to improve decision-making for clients.
Workforce
As of July 31, 2025, Matrix Geo Solutions Limited employed 100 permanent professionals with expertise across geospatial technologies, engineering, software development, and environmental sciences.
Matrix Geo Solutions IPO Promoters
- Mr. Rahul Jain
- Mr. Amit Sharma
- Ms. Meenal Jain
- Ms. Harshada Kulkarni
Promoters Holding
Holding Pre Issue
91.52%
Holding Post Issue
67.26%
Matrix Geo Solutions IPO Objective
The Company Matrix Geo Solutions IPO proposes to utilise the Net Proceeds from the Issue towards the following objects.
- Purchase of New Drones
- Purchase of Survey Equipments and Technologies
- Capital Expenditure
- Funding the Working Capital requirement
- General Corporate Purposes
Address / Contact Info
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/
IPO Snapshot
Book Running Lead Managers
- Narnolia Financial Services
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Matrix Geo Solutions IPO is a Book-building IPO with a total issue size of ₹40.2 crore. The Matrix Geo Solutions IPO price band is ₹98 to 104 per share. The Matrix Geo Solutions IPO subscription opens on Tue, Sep 23, 2025, and closes on Thu, Sep 25, 2025. The Matrix Geo Solutions IPO will be listed on the NSE. Maashitla Securities Pvt. Limited is the registrar for the Matrix Geo Solutions IPO.
The Matrix Geo Solutions IPO opens on Tue, Sep 23, 2025 and closes on Thu, Sep 25, 2025
Matrix Geo Solutions IPO Price Band is ₹98 to 104 per share.
Matrix Geo Solutions IPO lot size is 1200 shares, Retail investors need a minimum investment of ₹249600 based on the upper price band
The minimum investment for Matrix Geo Solutions IPO is ₹249600, based on one lot of 1200 shares at the upper price band of ₹104 per share.
Investors can apply for the Matrix Geo Solutions IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Thu, Sep 25, 2025. The application amount remains blocked until the Matrix Geo Solutions IPO allotment is finalized.
Matrix Geo Solutions IPO issue size is ₹40.2 crores.
Matrix Geo Solutions IPO allotment date is Wed, Jul 1, 2026.
The registrar for Matrix Geo Solutions IPO is Maashitla Securities Pvt. Limited. Investors can go to Maashitla Securities Pvt. Limited website to check Matrix Geo Solutions IPO allotment status, refund processing, and other IPO-related information.
The Matrix Geo Solutions IPO GMP (Grey Market Premium) is ₹9 as of Tue, Sep 30, 2025. Based on the upper price band of ₹104 per share, the estimated Matrix Geo Solutions IPO listing price is ₹113, indicating a potential listing gain of approximately 0% over the issue price.