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:
As of July 31, 2025, the Company had 100 permanent employees on its payroll.
Competitive Strength:
| 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 |
| 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 |
| 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.
| Book Running Lead Manager(s) |
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