
Matrix Geo Solutions IPO GMP: Day 3 IPO Live Updates
Posted by : sachet | Thu Sep 25 2025

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The Matrix Geo Solutions IPO GMP is ₹4 as of 25th September 2025. It is a book-building IPO of ₹40.20 crores, comprising a fresh issue of ₹ 0.39 crores shares. The issue will be listed on NSE and SME on its tentative listing date, 30th September 2025. The face value of Matrix Geo Solutions shares stands at ₹10 per share, and the IPO price band is set at ₹98 to ₹104 per share. Retail investors can bid for a minimum of 2 lots of 2,400 shares worth ₹2,49,600.
Matrix Geo Solutions IPO Grey Market Premium
As of 25th September 2025, the Matrix Geo Solutions IPO GMP stands at ₹4 per share. Thus, the estimated listing price would be ₹108. This indicates that the estimated listing gain in this IPO could be 3.85%. However, GMP details are subject to change based on market conditions and fluctuations. Explore the table for the Matrix Geo Solutions IPO GMP updates.
GMP Date | IPO Price | GMP | Estimated Listing Price | Estimated Listing Gains |
25-09-2025 | ₹104.00 | ₹4.00 | ₹108.00 | 3.85% |
24-09-2025 | ₹104.00 | ₹4.00 | ₹108.00 | 3.85% |
23-09-2025 | ₹104.00 | ₹10.00 | ₹114.00 | 9.62% |
22-09-2025 | ₹104.00 | ₹13.00 | ₹117.00 | 12.50% |
21-09-2025 | ₹104.00 | ₹10.00 | ₹114.00 | 9.62% |
20-09-2025 | ₹104.00 | ₹10.00 | ₹114.00 | 9.62% |
19-09-2025 | ₹104.00 | ₹5.00 | ₹109.00 | 4.81% |
18-09-2025 | ₹104.00 | ₹0.00 | ₹104.00 | 0.00% |
Matrix Geo Solutions IPO Details
IPO Open Date | 23rd September 2025 |
IPO Close Date | 25th September 2025 |
IPO Allotment Date | 26th September 2025 |
Refund Initiation | 29th September 2025 |
Issue Size | 38,65,200 shares(aggregating up to ₹40.20 Cr) |
Face Value | ₹10 per share |
Lot Size | 1,200 shares |
Issue Price Band | ₹98.00 to ₹104.00 per share |
Issue Type | Bookbuilding IPO |
Listing At | NSE & SME |
Listing Date | 30th September 2025 |
Explanation
True Colours IPO: True Colours Limited has announced that the issue price is set at ₹98 to ₹104 per share. With this IPO, the company allows retail investors to bid for two lots of 2,400 shares worth ₹2,49,600. The face value of Matrix Geo Solutions Limited shares is ₹10 per share. The shares of Matrix Geo Solutions Limited will be listed on NSE and SME on its tentative listing day, 30th September 2025. Scroll down to view GMP updates and reviews of the Matrix Geo Solutions IPO.
Objectives 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.
Matrix Geo Solutions IPO Registrar
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.
Matrix Geo Solutions IPO Review

The Matrix Geo Solutions IPO has gained neutral ratings from industry experts, brokers, and institutional investors. 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.Most analysts recommend applying for this IPO to diversify your investment portfolio in the stock market. However, we’re waiting for further ratings to gain a better understanding and will continue to post them to deliver real-time insights. Until then, you can explore the company’s technical analysis to know whether you should apply for the Matrix Geo Solutions IPO or not.
Matrix Geo Solutions Limited Technicals
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 Indicators | Value |
PE Ratio (Price-to-Earnings) | 19.02 |
EPS (Earnings Per Share) | 5.47 |
ROCE | 33.69% |
ROE | 35.21% |
RoNW | 35.21% |
PAT Margin | 26.52% |
EBITDA Margin | 37.08% |
Price to Book Value | 5.09 |
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. Refer to the table below for post-issue updates on these two metrics.
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FAQs on Matrix Geo Solutions IPO
What is the GMP of the Matrix Geo Solutions IPO?
Ans. As of 25th September 2025, the Matrix Geo Solutions (Grey Market Premium) stands at ₹4. This suggests that the estimated listing price could be ₹108 per share.
What is the issue price of the Matrix Geo Solutions IPO?
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, each 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.
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.
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 thorough research before investing in IPOs to minimise the risk of significant losses. You can also consult your financial advisor.
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