Matrix Geo IPO Description – Matrix Geo Solutions is a leading provider of geospatial and consulting services, specializing in Drone-as-a-Service (DaaS) and Remote Sensing solutions. The company delivers high-resolution drone-based aerial surveys, producing orthophotos, 3D models, digital elevation models, and precise topographical maps. With expertise in LiDAR, satellite imagery, and drone surveys, it provides actionable geospatial insights across diverse sectors, including Railways, Roadways, Ropeways, Irrigation, Agriculture, Mining, Hydropower, Metro, Urban Planning, Solar Power, and Surveillance.
Notable projects include the Indian Railways’ High-Speed Rail Corridor, Bharatmala Road Project, Hemkund Sahib Ropeway, Statue of Unity Area Development, Chenab River topographical survey, and Kumbh Mela planning. The company strengthens client decision-making with advisory and end-to-end geospatial consultancy, supported by its web-based platform for real-time project monitoring.
Expanding into drone education, it operates the “Drone Academy of India” as a DGCA-authorized Remote Pilot Training Organisation (RPTO), and as of 31 July 2025, has certified 81 drone pilots. With a workforce of 100 employees and 1 contractual staff.
Promoters of Matrix Geo Solutions – Mr. Rahul Jain, Mr. Amit Sharma, Ms. Meenal Jain, and Ms.Harshada Kulkarni
Table of Contents
Matrix Geo Solutions IPO Details
| Matrix Geo IPO Dates | 23 – 25 September 2025 |
| Matrix Geo Issue Price | INR 98 – 104 per share |
| Fresh Issue | 38,65,200 shares (INR 37.88 – 40.20 crore) |
| Offer For Sale | Nil |
| Total IPO Size | 38,65,200 shares (INR 37.88 – 40.20 crore) |
| Minimum Bid | 2,400 shares (INR 2,49,600) |
| Lot Size | 1,200 shares (INR 1,24,800) |
| Face Value | INR 10 per share |
| Individual Allocation | 35% |
| Listing On | NSE EMERGE |
Matrix Geo Financial Performance
| FY 2023 | FY 2024 | FY 2025 | |
| Revenue | 8.81 | 13.69 | 22.09 |
| Expenses | 7.47 | 9.31 | 14.42 |
| Net income | 1.09 | 3.35 | 5.86 |
Matrix Geo Offer News
- Matrix Geo RHP
- Matrix Geo Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- Highest SME IPO Subscription in 2025
Matrix Geo Valuations & Margins
| FY 2023 | FY 2024 | FY 2025 | |
| EPS | 1.09 | 3.35 | 5.65 |
| PE ratio | – | – | 17.35 – 18.41 |
| RONW (%) | 14.60 | 35.54 | 35.21 |
| NAV | 8,025.28 | 11,375.14 | 20.44 |
| ROCE (%) | 15.79 | 35.53 | 33.69 |
| EBITDA (%) | 20.85 | 35.66 | 37.08 |
| Debt/Equity | 0.20 | 0.14 | 0.08 |
Matrix Geo IPO GMP Today
| Date | Consolidated IPO GMP | Subject to Sauda |
| 29 September 2025 | 5 | 5,500 |
| 27 September 2025 | 5 | 5,500 |
| 26 September 2025 | 5 | 5,500 |
| 25 September 2025 | 4 | 3,800 |
| 24 September 2025 | 12 | 13,000 |
| 23 September 2025 | 12 | 13,000 |
| 22 September 2025 | 10 | 12,000 |
Matrix Geo IPO Subscription – Live Updates
| Category | QIB | NII | Individual | Total |
|---|---|---|---|---|
| Shares Offered | 7,30,800 | 5,50,800 | 12,79,200 | 25,60,800 |
| 25 Sep 2025 | 12.50 | 9.25 | 4.43 | 7.77 |
| 24 Sep 2025 | 0.00 | 0.78 | 1.05 | 0.69 |
| 23 Sep 2025 | 0.00 | 0.15 | 0.37 | 0.22 |
The market maker reservation portion of 2,13,600 shares and the anchor investor portion of 10,90,800 shares are not included in the above calculations.
Matrix Geo IPO Allotment Status
Matrix Geo IPO allotment status is now available on the Maashitla Securities website. Click on this link to get the allotment status.
Matrix Geo IPO Dates & Listing Performance
| IPO Opening Date | 23 September 2025 |
| IPO Closing Date | 25 September 2025 |
| Finalization of Basis of Allotment | 26 September 2025 |
| Initiation of refunds | 29 September 2025 |
| Transfer of shares to demat accounts | 29 September 2025 |
| IPO Listing Date | 30 September 2025 |
| Opening Price on NSE SME | INR 103.90 per share (down 0.10%) |
| Closing Price on NSE SME | INR 99.15 per share (down 4.66%) |
Matrix Geo Offer Lead Manager
NARNOLIA FINANCIAL SERVICES LIMITED
201, 2nd Floor, Marble Arch, 236 B A.J.C Bose Road,
Kolkata, West Bengal- 700020, India
Phone: +91- 8130678743; 033-40501500
Email: [email protected]
Website: www.narnolia.com
Matrix Geo Offer Registrar
MAASHITLA SECURITIES PRIVATE LIMITED
451, Krishna Apra Business Square,
Netaji Subhash Place, Pitampura, Delhi – 110034
Phone: 011-47581432
Email: [email protected]
Website: www.maashitla.com
Matrix Geo Contact Details
MATRIX GEO SOLUTIONS LIMITED
Plot No-A-1/87, Third Floor, Sewak Park,
Uttam Nagar, West Delhi, Delhi- 110059
Phone: +91-7531007100
E-mail: [email protected]
Website: www.matrix-geo.com
IPO FAQs
What is the Matrix Geo offer size?
Matrix Geo’s offer size is INR 37.88 – 40.20 crores.
What is the Matrix Geo offer price band?
Matrix Geo public offer price is INR 98 – 104 per share.
What is the lot size of the Matrix Geo IPO?
Matrix Geo offer lot size is 1,200 shares.
What is the Matrix Geo IPO GMP today?
Matrix Geo IPO GMP today is INR 5 per share.
What is the Matrix Geo kostak rate today?
Matrix Geo kostak rate today is INR NA per application.
What is the Matrix Geo IPO Subject to Sauda rate today?
Matrix Geo Subject to Sauda rate today is INR 5,500 per application.