Matrix Geo Solutions will open its IPO for subscription on September 23, 2025, and close on September 25, 2025. This IPO is a Book Built Issue, aiming to raise approximately ₹40.20 crores, consisting entirely of a fresh issue worth ₹40.20 crores along with an offer for sale of up to [.] equity shares, each with a face value of ₹10.

The price band for the IPO is set between ₹98 and ₹104 per share. The allocation is divided as follows: 50% for QIB investors, 35% for retail investors, and 15% for HNI investors. The shares are scheduled to be listed on the NSE on September 30, 2025, while the basis of allotment will be finalized on September 26, 2025.

For the financial year 2025, the company posted a revenue of ₹22.19 crores, up from ₹13.77 crores in 2024, and recorded a profit of ₹5.86 crores, compared to ₹3.35 crores in 2024. Based on these financials, long-term investors may consider applying for this IPO.

About Matrix Geo Solutions IPO

Matrix Geo is a leading Geospatial Technology and Engineering Consultancy, delivering cutting-edge solutions for survey, mapping, and data analysis. From satellite imagery to drone-based LiDAR and mobile scanning, we provide precise geospatial insights that drive smarter decision-making across industries. Our expertise spans railways, highways, mining, water resources, powerlines, and urban planning, helping businesses and governments optimize infrastructure development and resource management. With innovation at our core, Matrix Geo transforms complex data into actionable intelligence, enabling efficient, sustainable, and future-ready solutions.

We understand that relationships are important—whether with our clients, colleagues, or families. Our success is driven by collaboration, integrity, and a commitment to excellence. After all, it’s about people… and together, we create a future shaped by data, innovation, and meaningful partnerships.