Active
    SME

    Matrix Geo Solutions Ltd

    Looking to invest in ? Open a Demat account in minutes.

    Matrix Geo Solutions Ltd IPO opened on 23 Sep 2025 and closed on 25 Sep 2025, with a price band of ₹98–₹104 per share. The IPO had a lot size of 1200 shares, requiring a minimum investment of ₹2,49,600 per lot at the upper price band. The issue size was ₹40.2 crore, and the shares get listed on 30 Sep 2025.

    Matrix Geo Solutions Ltd IPO Details

    Listing Date

    30 Sep 2025

    Bid Price

    ₹98 - ₹104

    Lot Size

    1200 Shares

    Minimum Investment

    ₹2,49,600 / 2 Lots

    Issue Size

    ₹40.2 Cr

    Key Dates to Track

        Here are the important dates you need to know in order to participate in this IPO

    tick

    Offer Start Date

    23rd Sep

    tick

    Offer End Date

    25th Sep

    tick

    Allotment Date

    26th Sep

    tick

    Refund Initiation

    29th Sep

    tick

    Demat Transfer

    29th Sep

    tick

    Listing Date

    30th Sep

    Matrix Geo Solutions Ltd Shareholding Pattern

      Pre-Issue Post-Issue
    Promoter Group 91.52% 67.26%
    Public Group 8.48% 32.74%

    Matrix Geo Solutions Ltd IPO Reservation

    QIB Shares Offered 7,30,800 (18.91%)
    NII (HNI) Shares Offered 5,50,800 (14.25%)
    Retail Shares Offered 12,79,200 (33.1%)
    Anchor Investor Shares Offered 10,90,800 (28.22%)
    Total Shares Offered 38,65,200
    Total Shares With Anchor Investor 38,65,200

    Matrix Geo Solutions Ltd IPO Lot Size

    Application Lots Shares Amount
    Retail (Min) 2 2,400 ₹2,49,600
    Retail (Max) 2 2,400 ₹2,49,600
    S HNI (Min) 3 3,600 ₹3,74,400
    S HNI (Max) 8 9,600 ₹9,98,400
    B HNI (MIN) 9 10,800 ₹11,23,200

    Matrix Geo Solutions Ltd IPO Anchor Portion Size

    Bid Date September 22, 2025
    Shares Offered 10,90,800
    Anchor Investment Details 11

    Matrix Geo Solutions Ltd IPO registrar

    Maashitla Securities Pvt Ltd
    Phone Number 011- 47581432,
    Email Id investor.ipo@maashitla.com
    Website www.maashitla.com

    Matrix Geo Solutions Ltd IPO Lead Manager

    1. Narnolia Financial Services Ltd

    Matrix Geo Solutions Ltd Financial Information

    March 31, 2026 March 31, 2025 March 31, 2024
    Net Worth ₹65.5 Cr ₹21.75 Cr ₹11.38 Cr
    Reserves and Surplus ₹50.91 Cr ₹11.04 Cr ₹11.37 Cr
    Total Borrowing ₹1.66 Cr ₹1.68 Cr ₹1.62 Cr

    Matrix Geo Solutions Ltd IPO Subscription LIVE Status

    Category No. of shares offered No. of shares bid Subscription (Times)
    Qualified Institutional Buyers (QIBs) 7,30,800 91,35,600 12.5008
    Non Institutional Investors (NIIs) 5,50,800 50,97,600 9.2549
    Retail Individual Investors (RIIs) 12,79,200 56,64,000 4.4278
    Total 27,74,400 1,98,97,200 7.1717

    Strength of Matrix Geo Solutions Ltd

    • Effective market anticipation.
    • Favorable Government policies.
    • Cordial relations with our clients.
    • Emerging segment in India.
    • Quality Deliverables.

    Risks Involved

    • Our major revenue is sourced from Geospatial & Consultancy Services. Our inability or failure to manage and attract more clients under these services could adversely affect our business.
    • Our contingent liabilities as stated in our Restated Financial Statements could adversely affect our financial conditions.
    • Our training business, (training through drones) is highly regulated and subject to change, we have a DGCA license subject to certain conditions. If we fail to comply with the applicable regulations, rules prescribed by Government of India as well as condition on which DGCA license has issued, our business, financial condition may have a material adverse effect on our business & operations.
    • Our business operations rely on the continuous updating of technologies and survey equipment. To stay competitive in the market, it is essential for our company to regularly upgrade our technologies.
    • The restated financial statements have been provided by peer reviewed chartered accountants who are not statutory auditors of our Company.
    • We depend on a limited number of customers for a significant portion of our revenues. The loss of a major customer or significant reduction in demand from any of our major customers may adversely affect our business, financial condition, results of operations and prospects.
    • We outsource certain services to external providers and depend on third-party suppliers to deliver services to our customers during periods of increased demand. Any dispute with one or more of them may adversely affect our business operations.
    • Our top four states contribute our major revenue for the period ended September 30, 2024, and the year ended 31st March 2024, 2023, 2022. Any loss of business from one or more of these states may adversely affect our revenues and profitability.
    • Significant security breaches in our software, data and network infrastructure and fraud could adversely impact our business.
    • Any unauthorized access or intrusion into our software or systems, as well as any form of cyber-attack, could significantly harm our business and have a negative impact on our financial condition and operating results.

    Invest in IPOs with ease

    Sign-in to invest with your demat account, or set up a new demat account for free

    Explore Other IPOs

    • Current IPOs
    • Upcoming IPOs
    • Closed IPOs
    • IPO Performance
    • All
    • MainBoard
    • SME
    ANTALA INDUSTRIES LIMITED IPO
    icon
    Closing Today
    SME IPO
    Early Access
    Bidding Period
    29th Oct 2026 - 11th Nov 2026
    Price Range
    ₹62.0 - 66.0
    IPO Size
    ₹22,98,00,000
    • All
    • MainBoard
    • SME
    Bidding Period
    To Be Announced
    Price Range
    ₹0.0 - 0.0
    IPO Size
    ₹0
    Bidding Period
    To Be Announced
    Price Range
    ₹0.0 - 0.0
    IPO Size
    ₹0
    Bidding Period
    To Be Announced
    Price Range
    ₹0.0 - 0.0
    IPO Size
    ₹0
    Advanced SysTek Limited IPO
    icon
    SME IPO
    Early Access
    Bidding Period
    To Be Announced
    Price Range
    ₹0.0 - 0.0
    IPO Size
    ₹0
    Advanta Enterprises Limited IPO
    icon
    SME IPO
    Early Access
    Bidding Period
    To Be Announced
    Price Range
    ₹0.0 - 0.0
    IPO Size
    ₹0
    Bidding Period
    To Be Announced
    Price Range
    ₹0.0 - 0.0
    IPO Size
    ₹0
    Agilus Diagnostics Limited IPO
    icon
    SME IPO
    Early Access
    Bidding Period
    To Be Announced
    Price Range
    ₹0.0 - 0.0
    IPO Size
    ₹0
    AGS Health Limited IPO
    icon
    SME IPO
    Early Access
    Bidding Period
    To Be Announced
    Price Range
    ₹0.0 - 0.0
    IPO Size
    ₹0
    Airox Technologies Limited IPO
    icon
    SME IPO
    Early Access
    Bidding Period
    To Be Announced
    Price Range
    ₹0.0 - 0.0
    IPO Size
    ₹0
    AITMC Ventures Limited IPO
    icon
    SME IPO
    Early Access
    Bidding Period
    To Be Announced
    Price Range
    ₹0.0 - 0.0
    IPO Size
    ₹0
    Ajay Poly Limited IPO
    icon
    SME IPO
    Early Access
    Bidding Period
    To Be Announced
    Price Range
    ₹0.0 - 0.0
    IPO Size
    ₹0
    Bidding Period
    To Be Announced
    Price Range
    ₹0.0 - 0.0
    IPO Size
    ₹0
    Allchem Lifescience Limited IPO
    icon
    SME IPO
    Early Access
    Bidding Period
    To Be Announced
    Price Range
    ₹0.0 - 0.0
    IPO Size
    ₹0
    Bidding Period
    To Be Announced
    Price Range
    ₹0.0 - 0.0
    IPO Size
    ₹0
    Bidding Period
    To Be Announced
    Price Range
    ₹0.0 - 0.0
    IPO Size
    ₹0
    Bidding Period
    To Be Announced
    Price Range
    ₹0.0 - 0.0
    IPO Size
    ₹0
    Bidding Period
    To Be Announced
    Price Range
    ₹0.0 - 0.0
    IPO Size
    ₹0
    Anjali LabTech Limited IPO
    icon
    SME IPO
    Early Access
    Bidding Period
    To Be Announced
    Price Range
    ₹0.0 - 0.0
    IPO Size
    ₹0
    Anmol Industries Limited IPO
    icon
    SME IPO
    Early Access
    Bidding Period
    To Be Announced
    Price Range
    ₹0.0 - 0.0
    IPO Size
    ₹0
    APPL Containers Limited IPO
    icon
    SME IPO
    Early Access
    Bidding Period
    To Be Announced
    Price Range
    ₹0.0 - 0.0
    IPO Size
    ₹0
    NO ACTIVE IPO HERE
    • All
    • MainBoard
    • SME
    VEDANT POLY FABS LIMITED IPO
    icon
    SME IPO
    Early Access
    Bidding Period
    2nd Nov 2026 - 11th Nov 2026
    Price Range
    ₹88.0 - 94.0
    IPO Size
    ₹56,68,00,000
    HGS INDIA LIMITED IPO
    icon
    SME IPO
    Early Access
    Bidding Period
    30th Oct 2026 - 11th Nov 2026
    Price Range
    ₹114.0 - 120.0
    IPO Size
    ₹34,56,00,000
    Bidding Period
    30th Oct 2026 - 11th Nov 2026
    Price Range
    ₹150.0 - 158.0
    IPO Size
    ₹57,64,00,000
    VECTRAS ENPROCON LIMITED IPO
    icon
    SME IPO
    Early Access
    Bidding Period
    30th Oct 2026 - 11th Nov 2026
    Price Range
    ₹99.0 - 105.0
    IPO Size
    ₹53,05,00,000
    Bidding Period
    30th Oct 2026 - 11th Nov 2026
    Price Range
    ₹190.0 - 200.0
    IPO Size
    ₹56,02,00,000
    Bidding Period
    29th Oct 2026 - 11th Nov 2026
    Price Range
    ₹78.0 - 82.0
    IPO Size
    ₹1,83,05,99,936
    AJWA PROJECTS LIMITED IPO
    icon
    SME IPO
    Early Access
    Bidding Period
    28th Oct 2026 - 10th Oct 2026
    Price Range
    ₹203.0 - 203.0
    IPO Size
    ₹38,05,00,000
    M K SONS FINE JEWELS LIMITED IPO
    icon
    SME IPO
    Early Access
    Bidding Period
    28th Oct 2026 - 10th Oct 2026
    Price Range
    ₹153.0 - 162.0
    IPO Size
    ₹2,75,39,99,872
    CARVER ROBOWELD LIMITED IPO
    icon
    SME IPO
    Early Access
    Bidding Period
    28th Oct 2026 - 10th Oct 2026
    Price Range
    ₹76.0 - 80.0
    IPO Size
    ₹28,29,00,000
    BLS POLYMERS LIMITED IPO
    icon
    SME IPO
    Early Access
    Bidding Period
    27th Oct 2026 - 10th Oct 2026
    Price Range
    ₹142.0 - 150.0
    IPO Size
    ₹2,55,00,00,128
    Bidding Period
    27th Oct 2026 - 10th Oct 2026
    Price Range
    ₹313.0 - 330.0
    IPO Size
    ₹6,67,53,00,352
    WISCON INDUSTRIES LIMITED IPO
    icon
    SME IPO
    Early Access
    Bidding Period
    27th Oct 2026 - 10th Oct 2026
    Price Range
    ₹194.0 - 204.0
    IPO Size
    ₹1,10,00,00,000
    Bidding Period
    26th Oct 2026 - 10th Oct 2026
    Price Range
    ₹1585.0 - 1665.0
    IPO Size
    ₹12,00,00,00,000
    CORE4 ENGINEERS LIMITED IPO
    icon
    SME IPO
    Early Access
    Bidding Period
    23rd Oct 2026 - 10th Oct 2026
    Price Range
    ₹88.0 - 93.0
    IPO Size
    ₹54,82,00,000
    JIO PLATFORMS LIMITED IPO
    icon
    SME IPO
    Early Access
    Bidding Period
    21st Oct 2026 - 10th Oct 2026
    Price Range
    ₹1065.0 - 1119.0
    IPO Size
    ₹3,02,13,00,03,968
    PARAS HEALTHCARE LIMITED IPO
    icon
    SME IPO
    Early Access
    Bidding Period
    21st Oct 2026 - 10th Oct 2026
    Price Range
    ₹660.0 - 693.0
    IPO Size
    ₹14,49,99,99,744
    TONBO IMAGING INDIA LIMITED IPO
    icon
    SME IPO
    Early Access
    Bidding Period
    15th Oct 2026 - 10th Oct 2026
    Price Range
    ₹665.0 - 700.0
    IPO Size
    ₹8,52,09,00,096
    SHELLZ INDIA LIMITED IPO
    icon
    SME IPO
    Early Access
    Bidding Period
    15th Oct 2026 - 10th Oct 2026
    Price Range
    ₹170.0 - 179.0
    IPO Size
    ₹59,97,00,032
    Bidding Period
    15th Oct 2026 - 10th Oct 2026
    Price Range
    ₹558.0 - 586.0
    IPO Size
    ₹25,33,80,99,712
    Bidding Period
    15th Oct 2026 - 10th Oct 2026
    Price Range
    ₹327.0 - 344.0
    IPO Size
    ₹4,75,48,00,128
    • All
    • MainBoard
    • SME
    Issue Prize
    1785.00
    Listing Day Close
    1818.00(1.85%)
    LAPL AUTOMOTIVE LIMITED IPO
    icon
    SME IPO
    Early Access
    Issue Prize
    94.00
    Listing Day Close
    128.29(36.17%)
    AJWA PROJECTS LIMITED IPO
    icon
    SME IPO
    Early Access
    Issue Prize
    203.00
    Listing Day Close
    192.85(-4.93%)
    M K SONS FINE JEWELS LIMITED IPO
    icon
    SME IPO
    Early Access
    Issue Prize
    162.00
    Listing Day Close
    162.20(0.00%)
    CARVER ROBOWELD LIMITED IPO
    icon
    SME IPO
    Early Access
    Issue Prize
    80.00
    Listing Day Close
    94.50(18.75%)
    BLS POLYMERS LIMITED IPO
    icon
    SME IPO
    Early Access
    Issue Prize
    150.00
    Listing Day Close
    269.30(79.33%)
    Issue Prize
    330.00
    Listing Day Close
    424.85(28.79%)
    WISCON INDUSTRIES LIMITED IPO
    icon
    SME IPO
    Early Access
    Issue Prize
    204.00
    Listing Day Close
    203.55(0.00%)
    Issue Prize
    1665.00
    Listing Day Close
    1727.05(3.72%)
    CORE4 ENGINEERS LIMITED IPO
    icon
    SME IPO
    Early Access
    Issue Prize
    93.00
    Listing Day Close
    78.12(-16.13%)
    JIO PLATFORMS LIMITED IPO
    icon
    SME IPO
    Early Access
    Issue Prize
    1119.00
    Listing Day Close
    1417.35(26.63%)
    PARAS HEALTHCARE LIMITED IPO
    icon
    SME IPO
    Early Access
    Issue Prize
    693.00
    Listing Day Close
    737.15(6.35%)
    TONBO IMAGING INDIA LIMITED IPO
    icon
    SME IPO
    Early Access
    Issue Prize
    700.00
    Listing Day Close
    1133.65(62.00%)
    SHELLZ INDIA LIMITED IPO
    icon
    SME IPO
    Early Access
    Issue Prize
    179.00
    Listing Day Close
    170.05(-5.03%)
    Issue Prize
    586.00
    Listing Day Close
    576.35(-1.71%)
    Issue Prize
    344.00
    Listing Day Close
    378.20(9.88%)
    Issue Prize
    151.00
    Listing Day Close
    138.30(-8.61%)
    FUSION CX LIMITED IPO
    icon
    SME IPO
    Early Access
    Issue Prize
    289.00
    Listing Day Close
    289.75(0.35%)
    HD FIRE PROTECT LIMITED IPO
    icon
    SME IPO
    Early Access
    Issue Prize
    271.00
    Listing Day Close
    307.20(13.28%)
    Issue Prize
    112.00
    Listing Day Close
    113.70(1.79%)

    Frequently Asked Questions

    What is Matrix Geo Solutions Ltd IPO?

    Matrix Geo Solutions Ltd IPO is a SME IPO of 38,65,200 equity shares of a face value of ₹10 aggregating up to ₹40.2 Crores. The issue is priced at ₹98 to ₹104 per share. The minimum order quantity is 1200 Shares. The IPO opens on September 23, 2025, and closes on September 25, 2025. Maashitla Securities Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE-SME.

    When Matrix Geo Solutions Ltd IPO will open?

    The Matrix Geo Solutions Ltd IPO opens on September 23, 2025 and closes on September 25, 2025.

    What is the lot size of Matrix Geo Solutions Ltd?

    Matrix Geo Solutions Ltd lot size is 1200 shares, and the minimum amount required is ₹2,49,600.

    How to apply for Matrix Geo Solutions Ltd IPO?

    You can apply in Matrix Geo Solutions Ltd IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. To apply for an IPO:

    • Login to Bajaj Broking account App/Website & click on IPO
    • Enter the number of lots and price at which you wish to apply.
    • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.
    • You will receive a mandate notification to block funds in your UPI app.
    • Approve the mandate request on your UPI and funds will be blocked.

    When is Matrix Geo Solutions Ltd IPO allotment?

    The finalization of Basis of Allotment for Matrix Geo Solutions Ltd IPO will be done on September 26, 2025, and the allotted shares will be credited to your demat account by September 29, 2025.

    When is Matrix Geo Solutions Ltd IPO listing date?

    The Matrix Geo Solutions Ltd listing date is September 30, 2025.

    Who is the registrar of Matrix Geo Solutions Ltd IPO?

    The registrar of Matrix Geo Solutions Ltd IPO is Maashitla Securities Pvt Ltd

    Which company is the book-running lead manager of the IPO?

    Narnolia Financial Services Ltd will be the book-running lead manager of this IPO.

    What is the fresh issue of Matrix Geo Solutions Ltd IPO?

    The fresh issue size is ₹40.2 Crores equity shares.

    What minimum lot size can retail subscribers subscribe to Matrix Geo Solutions Ltd?

    Retail investors can subscribe to a minimum of one lot, 1200 shares and ₹2,49,600 amount.

    How can I approve the UPI mandate request for Matrix Geo Solutions Ltd IPO?

    To apply for Matrix Geo Solutions Ltd IPO, you need to log in to your demat account to complete the bidding process. Then, approve the payment mandate on your UPI app.

    What is the price range of Matrix Geo Solutions Ltd?

    The price of each Matrix Geo Solutions Ltd share will be ranging in between ₹98 to ₹104 per share.

    What is the cut-off time for the UPI mandate for Matrix Geo Solutions Ltd IPO?

    The cut-off time for the UPI mandate confirmation is 5:00 PM, September 25, 2025.

    No results found

    close-img
    Authorise with OTP
    Enter the 4-Digit OTP sent to
    edit
    OTP expires in 00:59

    Open Your Free Demat Account

    Access Research Backed Stock Recommendations

    +91

    |

    Open Your Free Demat Account

    Access Research Backed Stock Recommendations

    +91

    |