matrix geo solutions limited

matrix geo solutions limited

MGSL • ISIN: INE132901013

NSE
SME

Listing Price: ₹103.9

-0.10% Loss
About Company

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.

Investment Objective

Purchase of New drones

Purchase of Survey Equipment and Technologies

Capital expenditure

Funding the Working Capital requirement

General Corporate Purposes

₹98 to ₹104

Price Band

40.20 Cr

Issue Size

1.25 L

Min Investment

1200 shares

Lot Size

25.88x

P/E Ratio

Important Dates

Issue Opens

23 Sept 2025

Issue Closes

25 Sept 2025

Allotment

26 Sept 2025

Listing

30 Sept 2025

Subscription Status
QII

Qualified Institutional Investors

12.50x

9,135,600 / 730,800 shares

HNI (>₹10L)

High Networth Individuals (Above ₹10 Lakhs)

10.86x

3,986,400 / 367,200 shares

NII (<₹10L)

Non-Institutional Investors (Below ₹10 Lakhs)

6.05x

1,111,200 / 183,600 shares

Retail

Retail Individual Investors

4.43x

5,664,000 / 1,279,200 shares

Financial Performance
Offer Documents
RHP
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DHRP
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Issue Details
Issue TypeBB
Face Value₹10
Lead ManagersNarnolia Financial Services Ltd.
Min Quantity2,400
Max Quantity4,807
Company Promoters
Mr. Rahul Jain
Mr. Amit Sharma
Ms. Meenal Jain
+1 more
Website

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

Email

cs@matrix-geo.com

Phone+91 7531007100
Address

Matrix Geo Solutions Ltd.
Plot No-A-1/87
Third Floor, Sewak Park
Uttam Nagar
West Delhi, New Delhi, 110059