Matrix Geo Solutions IPO Listing at 0.48% Discount at ₹103.50 Per Share

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Matrix Geo Solutions IPO Listing: The Matrix Geo Solutions IPO was subscribed 7.69 times as of its closing. In this subscription, qualified institutional buyers (QIBs) received 8.87 times the allocation, and non-institutional investors (NIIs) received 12.50 times the allocation. The retail quota of the issue was subscribed to 33.10%. Before delving deeper into the topic, go through the details of the Matrix Geo Solutions IPO.

Matrix Geo Solutions IPO Listing

On the NSE (National Stock Exchange), shares are listed at ₹103.50 per share, representing a 0.48% discount over the issue price of ₹104 per share.

Matrix Geo Solutions IPO Details

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.

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.

About Matrix Geo Solutions Limited

Matrix Geo Solutions Limited is a consultancy firm specialising in advanced survey technologies, including photogrammetry, LiDAR, GIS, and remote sensing, utilising 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 such as Indian Railways, NHAI, NTPC, GAIL, L&T ECC, the 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. 

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.

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