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Matrix Geo Solutions IPO logo

Matrix Geo Solutions IPO

SME • NSE

Min. investment

₹2,49,600

IPO DetailsSubscriptionPriceListingAllotmentReviewsNews

Issue Size

₹40.20 Cr

Price

₹98 to ₹104

Lot Size

1200 shares

IPO Dates

23 Sept - 25 Sept

Min. Investment

₹2,49,600

Status

Listed

IPO Prospectus

DHRPRHP

Matrix Geo Solutions IPO overview

IPO Progress

23 Sept

Open

25 Sept

Close

26 Sept

Allotment

30 Sept

Listing

Key Financial Ratios

P/E

25.88x

IPO Lot Size

CategoryLotsAppliedTimesExp Profit
Retail (Min)22,400₹2,49,600-₹240
S-HNI (Min)33,600₹3,74,400-₹360
S-HNI (UPI)44,800₹4,99,200-₹480
S-HNI (Max)89,600₹9,98,400-₹960
B-HNI (Min)910,800₹11,23,200-₹1,080

Profit based on the official listing price for each investor category.

Subscription Figure

CategoryOfferedAppliedTimes
QII7,30,80091,35,60012.50
NII5,50,80050,97,6009.25
NII (>10L)3,67,20039,86,40010.86
NII (<10L)1,83,60011,11,2006.05
Retail12,79,20056,64,0004.43
Total25,60,8001,98,97,2007.77

Application-Wise Breakup

HNI (>10L)1013333.30
HNI (3-10L)513015.90
Retail5332,3604.43
Total6852,9944.37

Lead Manager(s)

  1. Narnolia Financial Services Ltd.

Company Promotor(s)

  1. Mr. Rahul Jain
  2. Mr. Amit Sharma
  3. Ms. Meenal Jain
  4. Ms. Harshada Kulkarni.

Registrar Details

Name

Maashitla Securities Private Limited

Phone

4512179596

Email

investor.ipo@maashitla.com

Address

451, Krishna Apra Business Square Netaji Subhash Place Pitampura, Delhi, 110034

Website

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

Company Contact Details

Name

Matrix Geo Solutions IPO

Phone

+91 7531007100

Email

cs@matrix-geo.com

Website

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

Address

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

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.

Disclaimer

Information on this page is for general awareness only and is not investment advice. Grey market premium (when shown) is unofficial and indicative. Always read the RHP/DRHP and consult a qualified adviser before investing.

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Financial Performance

Matrix Geo Solutions IPO

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