Matrix Geo Solutions IPO is a book-built issue that opens for subscription from September 23 to September 25, 2025, with shares expected to list on NSE EMERGE by September 30, 2025. The IPO comprises a fresh issue of approximately 38.65 lakh shares, intended to fund new drone purchases, advanced survey equipment, capital expenditure, and working capital needs. The Matrix Geo Solutions IPO provides investors direct exposure to the fast-growing digital infrastructure and geospatial mapping industry, supported by a robust order pipeline and technology-led growth model.
₹10
₹104
₹103.90
Expert Opinions
Market sentiment for Matrix Geo Solutions IPO is positive, supported by the expanding demand for digital mapping, smart infrastructure, and drone-enabled survey services in India. The company’s strengths lie in its diversified portfolio, deep expertise in advanced surveying technologies, and longstanding contracts with major government bodies like Indian Railways and NHAI. Risks include dependency on infrastructure investments, technological change, and competition from larger geospatial players.
Valuation analysis of the financial year 2025 for Matrix Geo Solutions IPO shows a robust Return on Equity (ROE) of 35.21%, Return on Capital Employed (ROCE) of 33.69%, and Net Asset Value (NAV) of ₹20.44, reflecting strong capital efficiency and consistent profitability. For long-term investors, the IPO provides promising exposure to India’s rising digital infrastructure boom, though short-term volatility may occur due to sectoral execution cycles.
Investor Considerations
Matrix Geo Solutions IPO has exhibited robust financial performance, with revenue rising to ₹22.19 crore and profit after tax reaching ₹5.86 crore in FY 2025, supported by a scalable model in geospatial and drone-enabled survey solutions. The sector outlook appears strong, bolstered by government investments in digital infrastructure and increasing demand for precision mapping in smart city, infrastructure, and logistics projects.
The Matrix Geo Solutions IPO valuation for FY 2025 highlights a Return on Net Worth (RoNW) of 35.21%, PAT margin of 26.52%, and a Debt to Equity ratio of 0.14, reflecting healthy profitability and very low leverage. Growth prospects are reinforced by rising adoption of technology-focused solutions and a solid order book. Risks include talent retention, project execution challenges, and evolving tech standards. The IPO merits long-term consideration for those seeking exposure to India’s digital and infra growth, while short-term moves may hinge on public sector spending cycles.
| Date | GMP | Trend |
|---|---|---|
| 29 Sep 2025 13.20 | ₹10 | Up |
| 27 Sep 2025 17.10 | ₹5 | --- |
| 26 Sep 2025 12.40 | ₹5 | --- |
| 25 Sep 2025 16.31 | ₹5 | --- |
| 24 Sep 2025 20.42 | ₹5 | Down |
| 23 Sep 2025 10.33 | ₹10 | --- |
| 22 Sep 2025 12.03 | ₹10 | --- |
| 21 Sep 2025 19.19 | ₹10 | --- |
| 20 Sep 2025 13.28 | ₹10 | --- |
FAQs
The Grey Market Premium showed good accuracy in predicting Matrix Geo Solutions IPO’s listing performance. With a final GMP of ₹10, it projected a premium of 9.62% over the issue price of ₹104. The stock listed at ₹103.90, delivering a slight loss of 0.10%. This resulted in a prediction error of 9.72%, where the GMP incorrectly signaled a positive listing and overestimated gains, reflecting limited reliability in this case.
Matrix Geo Solutions IPO Current GMP is ₹10.
Matrix Geo Solutions IPO Expected Returns is 9.61%.
Matrix Geo Solutions IPO estimated listing price is ₹114.