MGSL • ISIN: INE132901013
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.
Purchase of New drones
Purchase of Survey Equipment and Technologies
Capital expenditure
Funding the Working Capital requirement
General Corporate Purposes
Price Band
Issue Size
Min Investment
Lot Size
P/E Ratio
Issue Opens
23 Sept 2025
Issue Closes
25 Sept 2025
Allotment
26 Sept 2025
Listing
30 Sept 2025
Qualified Institutional Investors
9,135,600 / 730,800 shares
High Networth Individuals (Above ₹10 Lakhs)
3,986,400 / 367,200 shares
Non-Institutional Investors (Below ₹10 Lakhs)
1,111,200 / 183,600 shares
Retail Individual Investors
5,664,000 / 1,279,200 shares
Issue Type | BB |
Face Value | ₹10 |
Lead Managers | Narnolia Financial Services Ltd. |
Min Quantity | 2,400 |
Max Quantity | 4,807 |
Company Promoters | Mr. Rahul Jain Mr. Amit Sharma Ms. Meenal Jain +1 more |
Website | |
Phone | +91 7531007100 |
Address | Matrix Geo Solutions Ltd. |