matrix geo solutions limited IPO
IPO Overview
Matrix geo solutions limited IPO is a SME public issue offered through a Book Building issue with a total issue size of ₹40.20 Cr. The IPO price band is set at ₹98 to ₹104 per share, and retail investors can apply with a minimum investment of ₹2.50 L as per IPO guidelines.
The Matrix geo solutions limited IPO opens on 23 Sept 2025 and closes on 25 Sept 2025. The IPO allotment is expected to be finalized on 26 Sept 2025, and the equity shares are proposed to be listed on NSE on 30 Sept 2025.
Investors can refer to the Matrix geo solutions limited IPO RHP-DRHP for detailed information. The issue is managed by Narnolia Financial Services Ltd. as the book running lead manager, while Maashitla Securities Private Limited is the registrar to the IPO. Before investing, market participants often review IPO details, valuation, PE ratio, financials, and risk factors.
About Company
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 Survey Equipment and Technologies
Capital expenditure
Funding the Working Capital requirement
General Corporate Purposes