Matrix Geo Solutions IPO Date, Review, Price, Allotment Details
Matrix Geo Solutions IPO open date is September 23, 2025, and the IPO will close on September 25, 2025. The Matrix Geo Solutions IPO is a Book Built Issue. The company plans to raise around ₹40.20 crores via an IPO that comprises a fresh issue of ₹40.20 crores and an offer for sale of up to equity shares with a face value of ₹10 each.
Matrix Geo Solutions' IPO price band is ₹98 to ₹104 per share. The retail quota is 35%, QIB is 50%, and HNI is 15%. Matrix Geo Solutions IPO to list on NSE on September 30, 2025. The allotment date for the Matrix Geo Solutions IPO is September 26, 2025.
The company reported revenue of ₹22.19 crores in 2025 against ₹13.77 crores in 2024. The company reported a profit of ₹5.86 crores in 2025 against a profit of ₹3.35 crores in 2024. As per the financials, the IPO investors should apply for the IPO for the long term.
Matrix Geo Solutions IPO Details
IPO Open Date September 23, 2025 IPO Close Date September 25, 2025 Face Value ₹10 Per Equity Share IPO Price Band ₹98 to ₹104 Per Share Issue Size Approx ₹40.20 Crores Fresh Issue Approx ₹40.20 Crores Offer for Sale: Approx [.] Equity Shares Issue Type Book Built Issue IPO Listing NSE SME DRHP Draft Prospectus 
Matrix Geo Solutions IPO Market Lot
The minimum market lot for the Matrix Geo Solutions IPO is [.] shares, requiring an application amount of ₹[.].
Application Lot Size Shares Amount Retail Minimum 2 2,400 ₹2,49,600 Retail Maximum 2 2,400 ₹2,49,600 S-HNI Minimum 3 3,600 ₹3,74,400 S-HNI Maximum 8 9,600 ₹9,98,400 B-HNI Minimum 9 10,800 ₹11,23,200
IPO Reservation
Investor Category Share Offered -% Shares Market Maker 2,13,600 Shares 5.53% QIB (Ex. Anchor) 18,21,600 Shares 47.13% NII Shares Offered 5,50,800 Shares 14.25% Retail Shares Offered 12,79,200 Shares 33.10%
Matrix Geo Solutions IPO Anchor Investors
Anchor Bidding Date September 22, 2025 Anchor Investors List Shares Offered 10,90,800 Shares Anchor Size 11.34 Cr. lock-in period end date 50% shares (30 Days) October 26, 2025 lock-in period end date 50% shares (90 Days) December 25, 2025
Matrix Geo Solutions IPO Dates
The Matrix Geo Solutions IPO will open on September 23 and close on September 25. The allotment is scheduled to be finalized on September 26, with the listing set for September 30.
IPO Open Date: September 23, 2025 IPO Close Date: September 25, 2025 Basis of Allotment: September 26, 2025 Refunds: September 29, 2025 Credit to Demat Account: September 29, 2025 IPO Listing Date: September 30, 2025 IPO Bidding Cut-off Time: September 25, 2025 – 5 PM
Promoters and Holding Pattern
The promoters of the company are Mr. Rahul Jain, Mr. Amit Sharma, Ms. Meenal Jain, and Ms. Harshada Kulkarni.
Particular Shares % Share Promoter Holding Pre-Issue 1,07,16,632 91.52% Promoter Holding Post Issue 1,45,81,832 67.26%
Objects of the Issue & Utilisation of Proceeds
Purpose Crores % Purchase of New drones 6.47 -% Purchase of Survey Equipment and Technologies 8.02 -% Capital expenditure 2.72 -% Funding the Working Capital requirement 15.50 -% General Corporate Purpose – -%
About Matrix Geo Solutions IPO
Founded in 2008, Matrix Geo Solutions Limited is a consultancy that focuses on cutting-edge survey technology, including photogrammetry, LiDAR, GIS, and remote sensing using drones and satellite data. Matrix's technologies support the railway, road, irrigation, mining, and power industries.
The firm has successfully delivered more than 1,500 projects across 27 states within India and in various terrains, including the Himalayas and urban settings. High-profile projects include India's first bullet train (the project between Ahmedabad and Mumbai), the Pune-Mumbai Hyperloop, and drone-based pipeline monitoring.
Their clients include government bodies, public sector undertakings, and private companies including Indian Railways, NHAI, NTPC, GAIL, L&T ECC, Aqua Group, and Tata Projects.
Matrix Geo Solutions provides services in photogrammetry (AT, DTM/DEM, 3D compilations, and orthophotography), LiDAR, GIS/RS, application development, topographical surveying, and engineering services. They have additionally provided services in a wide range of areas, including mining, water distribution planning, satellite and aerial surveys, feasibility studies, design, and flood assessment.
Matrix Geo Solutions IPO Company Financial Report
The company’s revenue increased to ₹22.19 crores in 2025 from ₹13.77 crores in 2024, while net profit rose to ₹5.86 crores in 2025 from ₹3.35 crores in 2024.
Amount in Crores (₹)
Period Ended Revenue Expense PAT Assets 2023 ₹8.91 ₹5.32 ₹1.09 ₹14.53 2024 ₹13.77 ₹9.31 ₹3.35 ₹16.66 2025 ₹22.19 ₹14.42 ₹5.86 ₹30.71
Matrix Geo Solutions IPO Valuation – FY2025
Check Matrix Geo Solutions IPO valuation details like Earnings Per Share (EPS), Price/Earnings (P/E) Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
KPI Values ROE: 35.21% ROCE: 33.69% EBITDA Margin: 37.08% PAT Margin: 26.52% Debt-to-equity ratio: 0.08 Earning Per Share (EPS): ₹5.65 (Basic) Price/Earnings (P/E) Ratio: N/A Return on Net Worth (RoNW): 35.21% Net Asset Value (NAV): ₹20.44
Peer Group Comparison
Company EPS PE Ratio RoNW % NAV Income Genesys International Corporation Limited 15.89 38.63 10.77% 156.02 63.03 Cr.
IPO Lead Managers aka Merchant Bankers
- Narnolia Financial Services Ltd.
IPO Registrar
Maashitla Securities Pvt. Ltd.
Phone: +91-11-45121795-96
Email: investor.ipo@maashitla.com
Website: https://maashitla.com/allotment-status/public-issues
Company Address
Matrix Geo Solutions Ltd.
Plot No-A-1/87
Third Floor, Sewak Park
Uttam Nagar
West Delhi, New Delhi, 110059
Phone: +91 7531007100
Email: cs@matrix-geo.com
Website: https://www.matrix-geo.com/