What are the open and close dates of the Matrix Geo Solutions Limited ?

Matrix Geo Solutions Limited will be open between 2025-09-23 and 2025-09-25.

What is the allotment date for the Matrix Geo Solutions Limited ?

Matrix Geo Solutions Limited allotment date is 2025-09-29. For Matrix Geo Solutions Limited allotment status check, you can visit the website of the registrar of the IPO.

Who is the registrar of Matrix Geo Solutions Limited ?

For Matrix Geo Solutions Limited , the IPO registrar is MAASHITLA SECURITIES PRIVATE LIMITED. You can check Matrix Geo Solutions Limited allotment status on the website of the registrar.

Where is the Matrix Geo Solutions Limited getting listed?

The shares are proposed to be listed on the BSE and NSE.

When will Matrix Geo Solutions Limited shares be credited to your demat account?

The Matrix Geo Solutions Limited shares will typically be credited to your demat account one working day before the IPO's listing date, provided your application is successfully allotted.

What is the lot size and minimum order quantity of the Matrix Geo Solutions Limited ?

The Matrix Geo Solutions Limited lot size is 1200 and minimum order quantity is 2400.

What is the price band for the Matrix Geo Solutions Limited ?

Matrix Geo Solutions Limited has set the price band for its IPO at 104 per equity share with a face value of 10.

Home
/
IPO

7.73x

subscribed

Matrix Geo Solutions Limited

listed

₹2.35LMin. investment

Pre-apply
22 Sep
Bid start
23 Sep
Bid end
25 Sep
Allotment
26 Sep
Release of funds
29 Sep
Demat transfer
29 Sep
Listing
30 Sep

Matrix Geo Solutions Limited IPO Details

Issue size

₹40Cr

IPO type

SME

Price range

₹98.00 – ₹104

Listing ExchangeNSE

Lot size

1200 shares

Red Herring Prospectus

Read

Price range₹98.00 – ₹104

IPO type

SME

Lot size1200 shares

Issue size₹40Cr

Red Herring Prospectus

Read

Checklist

Quality analysis

Revenue growth

Company valuation

Earnings expansion

The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

Objectives

Working capital

38.56%

Purchase of new equipment

36.04%

General corporate purposes

18.70%

Capital expenditure

6.79%

About Matrix Geo Solutions Limited

Matrix Geo Solutions is engaged in providing geospatial and consulting services with a focus on Drone-as-a-Service (DaaS) and Geospatial & Remote sensing services. It derives revenue from two sources: the sale of services and the sale of Goods/Software licenses. Business-to-Business (B2B) sales generated 62.45% of revenue, followed by Business-to-Government (B2G) at 31.94% and Business-to-Consumer (B2C) at 5.61% in FY25. It operates a fleet of 20 drones ranging from micro-class (2kg) to small-class (up to 25kg) unmanned aerial systems, with the newest additions being VEDANSH model drones acquired in FY26. 99.20% of revenue came from Geospatial & Consultancy Services in FY25. Domestic revenue was dominated by Delhi (32.09%), followed by Uttar Pradesh (17.21%). The total order book stood at ₹22.89 crore as of March 2025.

Matrix Geo Solutions Limited Subscription Status

Date	QIB	NII	Retail	Total
23-Sep-25	0.0 times (X)	0.15 times (X)	0.37 times (X)	0.22 times (X)
24-Sep-25	0.0X	0.78X	1.05X	0.69X
25-Sep-25	12.5X	9.25X	4.34X	7.73X

Frequently asked questions

How to invest in the Matrix Geo Solutions Limited ?

Investors can apply for the Matrix Geo Solutions Limited through their Demat account via the stock exchange or through their broker.

What is the issue size of Matrix Geo Solutions Limited ?

The issue size of the Matrix Geo Solutions Limited is 40 Cr.

What is 'pre-apply' for Matrix Geo Solutions Limited ?

Pre-applying for an IPO allows you to submit your application before the official subscription period begins.

Which exchanges will Matrix Geo Solutions Limited shares list on?

The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.