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Matrix Geo Solutions IPO GMP & Review: Apply or Avoid?

Fri Sep 19 2025

Matrix Geo Solutions IPO GMP & Review: Apply or Avoid?

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Matrix Geo Solutions IPO is open for bidding from 23rd September 2025 to 25th September 2025. It is a bookbuilding IPO of ₹40.20 crore, comprising a fresh issue of 0.39 crore shares. The problem will be listed on NSE and SME on its tentative listing date, 30th September 2025.

Matrix Geo Solutions IPO Details 

The Matrix Geo Solutions IPO date is fixed between 23rd September 2025 and 25th September 2025. The face value of Matrix Geo Solutions IPO shares stands at ₹10 per share, and the IPO price is set at ₹98.00 to ₹104.00 per share.

Maashitla Securities Private Limited is the registrar of the Matrix Geo Solutions IPO and is responsible for managing the allotment process and initiating refunds. Check out the latest IPO details in the table below. 

IPO Open Date23rd September 2025
IPO Close Date25th September 2025
IPO Allotment Date26th September 2025
Refund Initiation 29th September 2025
Issue Size38,65,200 shares(aggregating up to ₹40.20 Cr)
Face Value₹10 per share
Lot Size1,200 shares
Issue Price Band₹98.00 to ₹104.00 per share
Issue TypeBookbuilding IPO
Listing AtNSE & SME
Listing Date30th September 2025

Matrix Geo Solutions IPO Share Reservation

Matrix Geo Solutions IPO is a bookbuilding IPO of ₹40.20 crores, comprising a fresh issue of 1.25 crore shares of Matrix Geo Solutions, which will be listed on the NSE and SME. Furthermore, SEBI has specified the share reservation criteria for different investor categories. 

Investor CategoriesShares OfferedShares Percentage
Market Maker Shares Offered2,13,6005.53%
QIB Shares Offered18,21,60047.13%
NII (HNI) Shares Offered5,50,80014.25%
Retail Shares Offered 12,79,20033.10%
Total Shares Offered38,65,200100.00%

Matrix Geo Solutions IPO GMP Grey Market Premium

GMP is the gap between the price band of the issue and the price at which company shares are currently trading in the grey market. Would you like to receive live updates on the Matrix Geo Solutions IPO? If yes, then you’ve reached the right spot. Check the table below to learn about the GMP trends.

GMP DateIPO PriceGMPEstimated Listing Price Estimated Listing Gains
19-09-2025₹104.00₹5.00₹109.004.81%
18-09-2025₹104.00₹0.00₹0.000.00%
17-09-2025₹0.00₹0.00₹0.000.00%
16-09-2025₹0.00₹0.00₹0.000.00%

As of 19th September 2025, Matrix Geo Solutions IPO GMP stands at ₹5 per share, which means the share will likely show a listing at ₹109 on its tentative listing date, 30th September 2025.

GMP data is subject to change based on market trends and sentiments. Please verify the live GMP status before applying for the Matrix Geo Solutions IPO GMP. Stay informed with Univest to know about real-time insights on IPOs and their GMP trends. 

Matrix Geo Solutions IPO GMP Review

Check out the detailed Matrix Geo Solutions  GMP IPO review for a thorough understanding of its potential to report listing gains on 30th September 2025. The Matrix Geo Solutions IPO review below will help you invest effectively to avoid significant losses. Explore more to make informed investment decisions on this IPO. 

Financial Health

Assess a company’s financial performance to know about its ability to sustain a competitive edge. Therefore, it is crucial to comprehend the business’s financial growth margins and declines before applying for the Matrix Geo Solutions IPO.

Matrix Geo Solutions  Limited’s revenue increased by 61% from ₹13.77 crores in March 2024 to ₹22.19 crores in March 2025. Moreover, the company’s PAT rose by 75% from ₹3.35 crores to ₹5.86 crores.

Matrix Geo Solutions  Limited’s IPO has shown consistent revenue growth, indicating that the company is financially stable. Moreover, brokers, investors, and RAs have a positive outlook for the Matrix Geo Solutions IPO, with its tentative listing day set for 30th September 2025.  

Technical Analysis

Several technical indicators are available to assess a company’s potential to deliver returns. Use the parameters mentioned below to analyse the technical aspects of the Matrix Geo Solutions IPO.

Key IndicatorsValue
PE Ratio (Price-to-Earnings) 19.02
EPS (Earnings Per Share)5.47
ROCE33.69%
ROE35.21%
RoNW35.21%
PAT Margin26.52%
EBITDA Margin37.08%
Price to Book Value5.09
Market Capitalisation₹151.65 Cr

The P/E ratio of Matrix Geo Solutions  Limited’s share is 19.02, and its Earnings Per Share (EPS) stands at 5.47. Thus, the Matrix Geo Solutions  Limited IPO is expected to deliver gains on its tentative listing date, 30th September 2025. 

Note: The data, as mentioned above, is taken from authentic sources and highlights pre-issue information. The PE ratio and EPS of Matrix Geo Solutions  Limited are subject to change after the IPO. Explore the table below to get post-issue updates on these two metrics. 

IndicatorsPre-IPOPost-IPO
PE Ratio19.0225.88
EPS 5.474.02

Matrix Geo Solutions IPO Subscription Status

The Matrix Geo Solutions IPO is to be opened for bidding on 23rd September 2025. The subscription status for this IPO is yet to be announced. Stay informed on this passage to check the live Matrix Geo Solutions IPO subscription status. 

Investor CategoriesShares OfferedShares PercentageShares SubscribedSubscription to the Times
Market Maker Shares Offered2,13,6005.53%Yet to be announcedYet to be announced
QIB Shares Offered18,21,60047.13%Yet to be announcedYet to be announced
NII (HNI) Shares Offered5,50,80014.25%Yet to be announcedYet to be announced
Retail Shares Offered 12,79,20033.10%Yet to be announcedYet to be announced
Total Shares Offered38,65,200100.00%Yet to be announcedYet to be announced

About Matrix Geo Solutions Limited

Prime Cable Industries Limited was established in 2008. Matrix Geo Solutions Limited is a consultancy firm specialising in advanced survey technologies, such as photogrammetry, LiDAR, GIS, and remote sensing using drones and satellite imagery. These technologies serve the railways, roads, irrigation, mining, and power sectors. 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 organisations, and private companies like Indian Railways, NHAI, NTPC, GAIL, L&T ECC, Adani Group, and Tata Projects.

Matrix Geo Solutions Limited Financials

The company’s financial analysis is crucial before applying for the Matrix Geo Solutions IPO. Refer to the table to learn about Matrix Geo Solutions Limited’s financials. 

Year Ended31st March 2025 (in cr.)31st March 2024 (in cr.)31st March 2023 (in cr.)
Assets30.7116.6614.53
Revenue22.1913.778.91
Profit After Tax5.863.351.09
EBITDA8.194.881.84
Net Worth21.9111.388.03
Reserve and surplus11.1911.378.02
Total Borrowing1.681.621.64

Explanation

Matrix Geo Solutions  Limited’s revenue increased by 61% from ₹13.77 crores in March 2024 to ₹22.19 crores in March 2025. Moreover, the company’s PAT rose by 75% from ₹3.35 crores to ₹5.86 crores.

Matrix Geo Solutions IPO Bidding Requirements

Investors can bid for a minimum of 2,000 shares and in multiples of 1,000 thereof. The following table represents the minimum and maximum investments by individual investors (retail) and HNI in terms of shares and amount.

Application Lots Shares Amount
Individual Investors (Retail) (Min)22,400₹2,49,600
Individual Investors (Retail) (Max22,400₹2,49,600
S-HNI (Min)33,600₹3,74,400
S-HNI (Max)89,600₹9,98,400
B-HNI (Min)910,800₹11,23,200

EcolineExim’s IPO has reserved lot sizes for different investor categories. Look at the table below to see the requirements for applying for this IPO.

Use the lot size calculator to find how many shares you should apply for!

Matrix Geo Solutions IPO Promoter Holding

Take a look at the table below to review the holdings of Matrix Geo Solutions  Limited’s promoters: Rakesh Ashok Markhedkar, Avinash Markhedkar, and Nakul Markhedkar.

Share Holding Pre-Issue91.52%
Share Holding Post-Issue67.26%

Note: The value will be calculated using Equity Dilution = Share Holding Pre-Issue – Share Holding Post-Issue.

Aim of the Matrix Geo Solutions IPO

The primary aim of the Matrix Geo Solutions IPO is to raise ₹40.20 crores. On the other hand, Matrix Geo Solutions has decided to utilise these funds in different ways. Explore some of the secondary objectives for the Matrix Geo Solutions IPO.

  • To purchase new drones
  • To Purchase Survey Equipment and Technologies
  • To Capital expenditure
  • To fund the Working Capital requirement
  • To General Corporate Purpose.

Should I Invest in the Matrix Geo Solutions IPO?

Explore the pros and cons of Matrix Geo Solutions to know whether you should apply or avoid the issue. These pros and cons might help you know about the IPO’s efficiency in delivering profits in the coming decades. 

Pros of Matrix Geo Solutions IPO

  • Matrix Geo Solutions has end-to-end technology solutions.
  • The company has a long-term stable relationship with the clients
  • The company has experienced and qualified management teams.

Cons of Matrix Geo Solutions IPO

  • The company has a significant portion odf cuystomers with the small number of revenue
  • The company has derived from the states has most revenueothre states the decline of revenue
  • The business is depend on the up to date survey eqipments.

How to Apply for the Matrix Geo Solutions IPO?

Please follow the steps outlined below to apply for Matrix Geo Solutions Limited.

  • Step 1: Conduct thorough research on the Matrix Geo Solutions IPO, including GMP, subscription status, issue size, lot size, and other relevant details. 
  • Step 2: Open a demat account on Univest to learn about real-time insights on GMP and subscription status. You can also use your previous demat account by navigating to the IPO section. 
  • Step 3: Make a bid for two lots of 2,400 shares worth ₹2,49,600.
  • Step 4: You will receive a mandate request after making a bid. Approve the request to proceed further.    

Note: You can apply for the Matrix Geo Solutions IPO from more than one demat account to increase your chances of allotment. 

How to Check Matrix Geo Solutions IPO Allotment Status?

You can check whether the Matrix Geo Solutions IPO allotment has been completed in different ways. These include NSE and the registrar portal. Look at the steps mentioned below to check your allotment status online.

Check On NSE

  • Visit the NSE Official Website.
  • Navigate to the IPO Allotment Section. 
  • Select Equity as the issue type. 
  • Choose the Matrix Geo Solutions IPO.  
  • Choose whether to proceed with the PAN number or the application number. 
  • Submit your details to get the allotment status online. 

Check On the Registrar Portal

  • Visit the registrar portal.
  • Click on the allotment option.
  • Fill in the required details.
  • Click on the submit button to know your Matrix Geo Solutions IPO allotment status.

Let’s Wrap

Matrix Geo Solutions IPO is a bookbuilding issue of shares worth ₹40.20 crores. The shares of Matrix Geo Solutions  Limited will be listed on NSE and BSE on its tentative listing date of 30th September 2025. Researching the Matrix Geo Solutions IPO GMP and reviews is highly suggested to book your ideal profitability. Brokers and investors have highlighted their pros and cons, so one must analyse them and decide accordingly.

Open a demat account on Univest now to initiate your investment journey!

FAQs on Matrix Geo Solutions IPO

How is the Matrix Geo Solutions IPO?

Ans. Currently, on 19th September 2025, the Matrix Geo Solutions IPO GMP (Grey Market Premium) stands at ₹5. It indicates that the estimated listing price could be ₹109 per share. It is a bookbuilding IPO of ₹40.20 crores, comprising a fresh issue of 0.39 crore shares. The face value of each share of Matrix Geo Solutions Limited is ₹10 per share.

What is the Matrix Geo Solutions IPO price?

Ans. The Matrix Geo Solutions IPO price is set at ₹98.00 to ₹104.00 per share.  Retail investors can apply for a minimum of 2 lots consisting of 2,400 shares worth ₹2,49,600. Moreover, HNIs are required to bid for a minimum of 3 lots (3,600 shares) worth ₹3,74,000.

Is the SolarWorld Energy Solutions IPO a good investment?

Ans. Matrix Geo Solutions  Limited’s revenue decreased by 3% from ₹280.59 crores in March 2024 to ₹273.07 crores in March 2025. Moreover, the company’s PAT dropped by 17% from ₹22.59 crores to ₹18.82 crores.

Who is the registrar of the Matrix Geo Solutions IPO?

Ans. Maashitla Securities Private Limited is the registrar of the Matrix Geo Solutions IPO, responsible for managing the allotment procedure and initiating refunds. For any queries regarding the Matrix Geo Solutions allotment and refund, please contact Maashitla Securities Private Limited at investor.ipo@maashitla.com   or 91-11-45121795-96.

What is the issue size of the Matrix Geo Solutions IPO?  

Ans. Matrix Geo Solutions IPO is a book-building IPO for 0.39 crore shares, worth ₹40.20 crore. Moreover, the IPO is set to open on 23rd September 2025 and will be closed on 25th September 2025. 

Disclaimer: The above information is compiled from authentic sources and is just for informational purposes. To have detailed information about the Matrix Geo Solutions IPO, download the Matrix Geo Solutions IPO RHP and Matrix Geo Solutions IPO DRHP. Conduct your research before investing in IPOs to avoid significant losses. You can also consult your financial advisor.

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