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Matrix Geo Solutions Limited IPO logo

Matrix Geo Solutions Limited IPO

BBSMENSEListed
Listed at
103.9
0.10%

Matrix Geo Solutions Limited IPO is a SME book building IPO. Issue size is 40.20 Cr. Price band is ₹98 to ₹104 per share. Minimum investment is ₹2.50 L. Lot size is 1200 shares. Open from 23 Sept 2025 to 25 Sept 2025. Allotment on 26 Sept 2025. Listing on 30 Sept 2025 at NSE. Managed by Narnolia Financial Services Ltd.. Registrar: Maashitla Securities Private Limited. Key details for GMP, subscription, price, allotment, and listing in one place.

Official documents: RHP and DRHP.

Matrix Geo Solutions Limited IPO overview

Matrix Geo Solutions Limited IPO Key figures

Price band, lot, minimum application, and issue window at a glance.

Price band
₹98 to ₹104
Lot size
1200 shares / lot
Min investment
₹2,49,600
Issue open – close
23 Sept 2025 → 25 Sept 2025

Matrix Geo Solutions Limited IPO important dates

Issue Opens
23 Sept 2025
Issue Closes
25 Sept 2025
Allotment
26 Sept 2025
Listing
30 Sept 2025

Matrix Geo Solutions Limited IPO lot size

CategoryLotsSharesAmount
Retail (Min)22,4002,49,600
S-HNI (Min)33,6003,74,400
S-HNI (UPI)44,8004,99,200
S-HNI (Max)89,6009,98,400
B-HNI (Min)910,80011,23,200

About Matrix Geo Solutions Limited IPO

From the company / RHP narrative.

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.

Objective of the issue

How the issuer plans to use IPO proceeds.

Purchase of New drones

Purchase of Survey Equipment and Technologies

Capital expenditure

Funding the Working Capital requirement

General Corporate Purposes
Matrix Geo Solutions Limited IPO FAQs
A quick overview of key terms, dates, and how to track this IPO.

Documents & links

Prospectus, draft filings, and company site open in a new tab.

Registrar

Details about the registrar of the issue.

Registrar Name
Maashitla Securities Private Limited
Phone
4512179596
Address
451, Krishna Apra Business Square Netaji Subhash Place Pitampura, Delhi, 110034

Issue details

Key details about the issue, including the face value, lot size, and minimum investment.

Issue Type
BB
Face Value
10
Lead Managers
Narnolia Financial Services Ltd.
Min Quantity
2,400
Company Promoters
Mr. Rahul Jain,Mr. Amit Sharma,Ms. Meenal Jain,Ms. Harshada Kulkarni.
Phone
+91 7531007100
Address
Matrix Geo Solutions Ltd. Plot No-A-1/87 Third Floor, Sewak Park Uttam Nagar West Delhi, New Delhi, 110059

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