Matrix Geo Solutions is engaged in providing comprehensive geospatial and consulting services with a strong focus on Drone-as-a-Service (DaaS) and remote sensing solutions. Its DaaS offerings include high-resolution aerial surveys for mapping, surveillance, and infrastructure inspection, delivering orthophotos, 3D models, digital elevation models, topographical maps, and geo-referenced video solutions for monitoring and incident management. Beyond drone services, the Company provides geospatial consultancy using LiDAR, satellite imagery, and drone data to deliver actionable insights for sectors such as railways, roadways etc. Recently, it has also expanded into drone training and education as a DGCA-authorized Remote Pilot Training Organisation (RPTO).
Price Band₹98 - ₹104 |
Dates23 Sep - 25 Sep |
GMP₹0 (0.00%) |
Subscriptions7.77 times |
Issue Size₹40.20 Crs |
Matrix Geo Solutions IPO Objects
- Purchase of New drones
- Purchase of Survey Equipment and Technologies
- Capital expenditure
- Funding the Working Capital requirement
- Funding the Working Capital requirement
Matrix Geo Solutions IPO Details
Price Band₹98 - ₹104 |
Listing AtNSE SME |
IPO Issue Type100% Book Built Offer |
Fresh Issue₹40.20 Cr (0.39 Cr Shares) |
Offer For Sale₹0.00 (0.00 Shares) |
Total Issue₹40.20 Cr (0.39 Cr Shares) |
Face Value₹10 per equity share |
Matrix Geo Solutions IPO Lot Information
| Investor Category | Lot | Shares | Amount | |
|---|---|---|---|---|
| Individual Investor |
Minimum
2
2,400
2,49,600
Maximum
2
2,400
2,49,600
|
|||
| Small HNI |
Minimum
3
3,600
3,74,400
Maximum
8
9,600
9,98,400
|
|||
| Big HNI |
Minimum
9
10,800
11,23,200
|
|||
Matrix Geo Solutions IPO Subscription
Updated as on 25-Sep-2025 19:01:36 hrs
| Investor Category | Subscription (times) | Shares Offered | Shared Bid |
|---|---|---|---|
| QIB | 12.50 | 7,30,800 | 91,35,600 |
| NII | 9.25 | 5,50,800 | 50,97,600 |
| bNII | 10.86 | 3,67,200 | 39,86,400 |
| sNII | 6.05 | 1,83,600 | 11,11,200 |
| Individual Investor | 4.43 | 12,79,200 | 56,64,000 |
| Total | 7.77 | 25,60,800 | 1,98,97,200 |
Matrix Geo Solutions IPO GMP
The estimated Grey Market Premium of Matrix Geo Solutions IPO is ₹0 per share (0.00%)
Category Allocation
| Particulars | Allocation |
|---|---|
| QIB | Not more than 50% of Net Offer |
| NII | Not less than 35% of Net Offer |
| Retail | Not less than 15% of Net Offer |
| Market Maker | 213600 EQ Shares |
Matrix Geo Solutions IPO Financials
Key Performance Indicators
| KPI | Values |
|---|---|
| EBITDA | 37.08% |
| ROE | 35.21% |
| ROCE | 33.69% |
| PE Ratio | 18.41 |
| PB Ratio | 5.09 |
| Mkt Cap (in Crs.) | 151.65 |
- All the data pertains to FY 2024-25.
- PE, PB, and market capitalization are calculated based on the Upper Price Band.
Matrix Geo Solutions IPO Peer Comparision
Matrix Geo Solutions IPO Peer Comparision
Promoter Details
| Name | Shareholding |
|---|---|
| Rahul Jain | 45.72% |
| Amit Sharma | 45.72% |
| Others | 0.06% |
| Total | 91.50% |
Management Details
| Name | Designation |
|---|---|
| Rahul Jain | MD |
| Amit Sharma | WTD |
| Shivam Kumar | CFO |
Company Details
Name: Matrix Geo Solutions Limited
Address: Plot No-A-1/87, Third Floor, Sewak Park, Uttam
Nagar, West Delhi, Delhi- 110059, India.
Number: +91 7531007100
Email: cs@matrix-geo.com
Website: www.matrix-geo.com
Book Running Lead Managers (BRLMs)
Narnolia Financial
Visit WebsiteRTAs
Maashitla Securities
Visit WebsiteFrequently Asked questions?
Find answers to common questions that come in your mind related to IPO.
Matrix Geo Solutions IPO is a SME IPO having an issue size of Rs. ₹40.20 Crs. Matrix Geo Solutions IPO is priced at ₹98 - ₹104 per share. The issue opens on 23 Sep 25 and closes on 25 Sep 25.
Matrix Geo Solutions IPO opens on 23 Sep 25 and closes on 25 Sep 25.
The estimated Grey Market Premium of Matrix Geo Solutions IPO is ₹0 per share (0.00%).
The minimum lot size of Matrix Geo Solutions IPO is 1200 shares & the minimum application amount is Rs. 124800.
The allotment date of Matrix Geo Solutions IPO is 26 Sep 25.
The listing date of Matrix Geo Solutions IPO is 30 Sep 25.
Matrix Geo Solutions IPO is subscribed 7.77 times.
Matrix Geo Solutions IPO is priced at ₹98 - ₹104 per share.
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