Matrix Geo Solutions Limited IPO
Matrix Geo Solutions Limited IPO
Price Band
₹98 - ₹104
Total Issue
₹40.20 Cr
Bid Dates
23 Sep - 25 Sep
Subscription
7.77x
Est. GMP
₹0 (0.00%)
Tentative Timetable
Business Overview
Matrix Geo Solutions is engaged in providing comprehensive geospatial and consulting services with a strong focus on Drone-as-a-Service (DaaS) and remote sensing solutions. Its DaaS offerings include high-resolution aerial surveys for mapping, surveillance, and infrastructure inspection, delivering orthophotos, 3D models, digital elevation models, topographical maps, and geo-referenced video solutions for monitoring and incident management. Beyond drone services, the Company provides geospatial consultancy using LiDAR, satellite imagery, and drone data to deliver actionable insights for sectors such as railways, roadways etc. Recently, it has also expanded into drone training and education as a DGCA-authorized Remote Pilot Training Organisation (RPTO).
Lot Info
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Individual (Min) | 2 | 2,400 | ₹2,49,600 |
| Individual (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 |
Issue Size
Objects of the Issue
A1
A2
A3
Grey Market Premium
| Date | GMP (₹) | Est. Price |
|---|
Matrix Geo Solutions IPO Peer Comparison
Financial Performance
(Rs. in crores)
| Particulars | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|
| Revenue from Operations | 22.09 | 13.69 | 6.66 |
| Profit after Tax | 5.86 | 3.35 | 1.09 |
| Net Worth | 21.91 | 11.38 | 8.03 |
| Total Borrowing | 1.68 | 1.62 | 1.64 |
| Total Assets | 30.71 | 16.66 | 14.53 |
| NAV per share (in ₹) | 20.44 | - | - |
| EPS - Basic (in ₹) | 5.65 | 3.35 | 1.09 |
KPIs
EBITDA
37.08%
ROE
35.21%
ROCE
33.69%
PE Ratio
18.41
PB Ratio
5.09
Mkt Cap (in Crs.)
151.65
- All the data pertains to FY 2024-25.
- PE, PB, and market capitalization are calculated based on the Upper Price Band.
Shareholding
Promoter
91.50%
Public
8.50%
Management
Subscription Status
Updated as on 25-Sep-2025 19:01:36 hrs
| Category | Sub (x) | Offered | Bids |
|---|---|---|---|
| QIB | 12.50x | 7,30,800 | 91,35,600 |
| NII | 8.87x | 5,50,800 | 48,84,000 |
| bHNI | 10.27x | 3,67,200 | 37,72,800 |
| sHNI | 6.05x | 1,83,600 | 11,11,200 |
| Individual Investor | 4.43x | 12,79,200 | 56,64,000 |
| Total | 7.69x | 25,60,800 | 1,96,83,600 |
Frequently Asked Questions
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How to apply Matrix Geo Solutions IPO in Zerodha?
- Go to Kite App → Tap on Bids → Tap on IPO
- Select the IPO → Tap on apply → Enter UPI ID
- Enter Qty and Price
- Submit the application
- Approve the UPI Mandate on your UPI app
How to apply Matrix Geo Solutions IPO in Groww?
- Go to Groww App → Stocks Section → Select IPO option
- Select the IPO you want to apply
- Enter your bid details and price
- Enter UPI ID & submit
- Approve the UPI Mandate on your UPI app
How to apply Matrix Geo Solutions IPO using ASBA?
- Log in to your bank's net banking portal.
- Navigate to the 'IPO' or 'ASBA' section.
- Select Matrix Geo Solutions IPO from the list of available IPOs.
- Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
- Submit the application.
- Money will remain blocked till the refund date