
Matrix Geo Solutions IPO
MGSL
Open Date
23 Sep '25
Close Date
25 Sep '25
Price Range
₹98 - ₹104
Min Investment
₹2,49,600
Lot Size
1,200
Listing at
NSE
Issue Size
27,74,400
IPO Document
Free Demat with Zero AMC*
+ Free 1st Year AMC
About Matrix Geo Solutions Ltd IPO
Established in 2008, Matrix Geo Solutions Limited is a consultancy firm specializing 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 organizations, and private companies like Indian Railways, NHAI, NTPC, GAIL, L&T ECC, Adani Group, and Tata Projects.
Matrix Geo Solutions offers services in photogrammetry (AT, DTM/DEM, 3D compilation, orthophoto), LiDAR, GIS/RS, application development, topographical surveys, and engineering services. Their expertise extends to mining, water distribution planning, satellite and aerial surveys, feasibility studies, design, and flood analysis.
Services:
- Geospatial & GIS Services – Matrix Geo Solutions specializes in Geographic Information Systems (GIS), remote sensing, and spatial data analysis. These services support urban planning, land-use management, and disaster response.
- LiDAR Mapping & 3D Modeling – The company utilizes advanced LiDAR technology for high-resolution mapping, terrain modeling, and 3D visualization, crucial for infrastructure projects.
- Photogrammetry & Aerial Surveying—Matrix Geo Solutions provides photogrammetric services, including digital elevation models (DEM), digital terrain models (DTM), and orthoimage generation, through drone, aerial, and satellite imagery.
- Engineering & Infrastructure Development – Supporting large-scale projects, the company offers feasibility studies, topographical surveys, and project planning for highways, railways, and smart city development.
- Mining & Natural Resource Management – The firm provides geological mapping, mineral exploration, and environmental impact assessments, helping industries optimize resource extraction.
- Water Resource & Environmental Studies – Matrix Geo Solutions is involved in water distribution planning, watershed management, and flood risk analysis to support sustainable development.
- Software & Application Development – The company develops customized GIS-based applications for various industries, integrating AI and big data analytics for better decision-making.
As of July 31, 2025, the Company had 100 permanent employees on its payroll.
Competitive Strength:
- In-house End-to-End Technology Solution.
- Long-standing relationships with its clients.
- Experienced and Qualified management team.
Established in 2008, Matrix Geo Solutions Limited is a consultancy firm specializing 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 te
Matrix Geo Solutions IPO Subscription Breakdown
| Investory Category | Subscription Percentage | Amount Raised (₹ Crores) |
|---|---|---|
| Qualified Institutional Buyers (QIBs) | 50% | 13,87,200 crores |
| Non-Institutional Investors (NIIs) | 15% | 4,16,160 crores |
| Retail Individual Investors (RIIs) | 35% | 9,71,040 crores |
Matrix Geo Solutions IPO Strengths & Weaknesses
No Data Found
No Data Found
Matrix Geo Solutions IPO Important Dates & Issue Details
| Allotment Date | Listing Date | Refund Date |
|---|---|---|
| 26 Sep '25 | 30 Sep '25 | 29 Sep '25 |
| Issue Composition: | |
|---|---|
| Face Value | ₹0 per share |
| Total Issue Size | 27,74,400 shares (aggregating up to ₹2,49,600 crores) |
| Fresh Issue | NaN shares (aggregating up to To be announced) |
| Offer for Sale | NaN shares of ₹0 (aggregating up to To be announced) |
| Issue Type | |
| Post-Issue Shareholding Pattern: | |
|---|---|
| Pre-Issue Shareholding | shares |
| Post-Issue Shareholding | 0 shares |
Matrix Geo Solutions IPO Lot Size and Investment Details
| Minimum Lot Size | -- |
| Maximum Lot Size (Retail) | -- |
The lot size of Matrix Geo Solutions ipo has been designed to ensure broad participation while maintaining optimal price discovery.
How to Apply for Matrix Geo Solutions IPO
- Log in to your Choice account
- Select IPO
- Enter the number of lots and your price
- Verify UPI ID
- Complete the transaction on your UPI app
Optivalue Tek Consulting Ltd IPO Lead Manager(s)
| Book Running Lead Manager(s) |
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