Aliceblue ANTInstall and trade smarter everywhere
Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Matrix Geo Solutions Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
Key metrics and details at a glance.
Price Band
₹104
Per ShareLot Size
1200 Shares
Minimum Investment
₹1,24,800
Issue Size
₹40.2 Cr
Face Value
₹10
Per ShareIPO Type
Book Building - SME
Retail Quota
35.03%
QIB Quota
49.89%
NII Quota
15.08%
Important dates for your applying strategy.
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
91.52%
Promoter Holding (Post-Issue)
67.26%
Issue Type
Book Building - SME
ISIN
INE132901013
Our company is primarily engaged in providing comprehensive geospatial and consulting services with a strong focus on Drone-as-a-Service (DaaS) and Geospatial & Remote Sensing Services. Through Drone as a service, we offer high-resolution drone-based aerial surveys for various applications, including mapping, surveillance, and infrastructure inspection. Our services include the creation of detailed orthophotos, 3D models, digital elevation models, and precise topographical maps. Additionally, we offer geo-referenced video solutions for progress monitoring, surveillance, and incident management across various industries.
The geospatial industry is experiencing rapid growth and innovation, driven by advancements in technology and increasing adoption across various sectors. The global geospatial solutions market size was USD 555.31 billion in 2023, calculated at USD 626.13 billion in 2024 and is expected to be worth around USD 2,155.72 billion by 2034, as per Precedence research. This growth is driven by the increasing integration of spatial analysis into governance, enterprise and consumer applications. Innovations in satellite imagery, aerial imagery, GPS, GIS and 3D mapping have led to more sophisticated and accurate methods of geospatial data collection and analysis. These technologies have expanded the range of applications for geospatial data, enabling industries to gain deeper insights and make more precise decisions. Climate change and environmental concerns are also driving the demand for geospatial solutions. As the impacts of climate change become more apparent, governments and organizations are seeking ways to monitor, analyse and mitigate these challenges. Geospatial technology plays a critical role in this effort, providing the tools needed to assess environmental changes, manage natural resources and plan for sustainable development. As the industry continues to evolve, it will play an even more vital role in addressing global challenges and supporting informed decision-making.
Revenue, profit after tax and total assets across the last 3 reported financial years.
Amount in ₹ crore
How the company plans to utilize IPO proceeds.
The funds raised through this IPO will be used for:
Initial public offering up to 38,65,200 equity shares of Rs. 10/- each ("Equity Shares") of Matrix GEO Solutions Limited ("MGSL" or the "Company") for cash at a price of Rs. 104/- per equity share (the "Issue Price"), aggregating to Rs. 40.20 crores ("the Issue"). Out of the issue, 2,13,600 equity shares aggregating to Rs. 22.21 crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. issue of 36,51,600 equity shares of face value of Rs. 10/- each at an issue price of Rs. 104/- per equity share aggregating to Rs. 37.98 crores is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 26.51% and 25.04%, respectively of the post issue paid up equity share capital of the company.
*Subject to approvals and market conditions.
Key competitive advantages and factors to consider before investing.
Live demand across investor categories.
Track real-time subscription levels:
*Real-time data subject to exchange updates
Our Company was originally incorporated as a private limited company with the name of "Matrix Geo Solutions Private Limited" under the Companies Act, 1956 vide certificate of incorporation dated July 14, 2008, issued by Registrar of Companies, NCT of Delhi and Haryana, bearing CIN U74120DL2008PTC180850. Further, our company was converted into a Public Limited Company in pursuance of a special resolution passed by the members of our Company at the Extra-Ordinary General Meeting held on June 15, 2024 & name of our Company changed from "Matrix Geo Solutions Private Limited" to "Matrix Geo Solutions Limited" & Registrar of Companies, CPC has issued a new certificate of incorporation consequent upon conversion dated August 07, 2024, bearing CIN: U74909DL2008PLC180850.
Wholesaler and Retailer
Amount in ₹ crore
Amount in ₹ crore
Figures in ₹ crore, on a standalone basis, as reported for FY24 to FY26.