Markets / IPO / Matrix Geo Solutions

Matrix Geo Solutions IPO

Updated 19:46

SME IPO on NSE Emerge · IT Enabled Services

Status

Listed

Price band

₹98–104

Lot size

1200 shares · ₹1,24,800

Subscribed

–

How it listed

Issue price

₹104

Listing price (open)

₹103.90 -0.10%

First-day close

₹99.15 -4.66%

Price now

₹48.50 -53.37%

Listing day	30 Sept 2025
Open / high / low / close	₹103.90 / ₹103.90 / ₹98.70 / ₹99.15
Shares traded on NSE	14,76,000
Market value at the listing-day close	₹145 cr

Closing prices since listing: 26 Oct ₹49.00, 27 Oct ₹49.00, 28 Oct ₹48.00, 29 Oct ₹47.10, 30 Oct ₹46.20, 2 Nov ₹46.25, 3 Nov ₹45.80, 4 Nov ₹45.70, 5 Nov ₹49.70, 6 Nov ₹48.50.

Matrix Geo Solutions share price, live chart and technicals →

Key dates

Bidding opens	23 Sept 2025
Bidding closes	25 Sept 2025
Allotment	26 Sept 2025
Refunds and shares in demat	29 Sept 2025
Listing	30 Sept 2025

Lot size by investor type

Application	Lots	Shares	Amount
Individual investor (minimum)	2	2,400	₹2,49,600
HNI (minimum)	3	3,600	₹3,74,400

At ₹104 a share. In SME IPOs individuals must bid for at least 2 lots.

Subscription

Investor category	Shares bid for
Institutions (QIB)	91,35,600
HNI / NII	50,97,600
HNI, above ₹10 lakh	39,86,400
HNI, ₹2–10 lakh	11,11,200
Total	1,42,33,200

NSE does not publish the shares offered to each category for this issue, so times subscribed cannot be shown. NSE and BSE bids together, as of 25 Sept 2025 19:00.

Applications from individual investors

2,360 applications in the individual investors' category (bidding for the minimum 2 lots).

NSE does not publish the shares set aside for this category for SME issues, so the chance of allotment cannot be worked out exactly. Winners are picked by lottery.

Demand at each price

Top price ₹104	198.64 lakh shares	99.8%
Lower prices ₹98–103	0.34 lakh shares	0.2%

Shares bid on NSE and BSE at each price in the band. Most bids at the top price, and little at lower prices, means buyers were keen.

Anchor investors

Anchor bid date	22 Sept 2025
Anchor shares	10,90,800
Raised from anchors	₹11.34 cr
Lock-in ends for the first 50% (30 days)	25 Oct 2025
Lock-in ends for the remaining 50% (90 days)	24 Dec 2025

Anchor investors are large funds that buy the day before the IPO opens. SEBI locks in half their shares for 30 days from the allotment and the rest for 90 days; they can sell from the next trading day. Traders watch these dates because extra selling can come in.

Financials and valuation

	At issue price	Now
Market value	₹152 cr	₹71 cr
P/E (last 12 months' profit)	15.1	7.0

Revenue, last 12 months	₹40 cr
Profit, last 12 months	₹10 cr
Return on equity	–
Debt to equity	–

From results the company filed with NSE (latest period to 31 Mar 2026). Twelve-month figures need four quarters of results, so they fill in over the first year after listing.

Other recent IPOs: IT Enabled Services

Company	Listed	Subscribed	On listing	Since IPO
Srit India	6 Oct	125.16×	+13.85%	-5.18%
Bench Mark Infotech Services SME	5 Oct	–	0.00%	+98.86%
ArMee Infotech	30 Sept	2.44×	0.00%	-24.87%
ESDS Software Solution	4 Sept	135.88×	+76.46%	+160.02%
Xtranet Technologies	30 Jul	12.24×	+7.09%	+108.46%
GenXAI Analytics SME	12 Jun	–	-20.00%	-27.16%
Amagi Media Labs	21 Jan	30.22×	-11.91%	+57.41%
Excelsoft Technologies	26 Nov	43.19×	+12.50%	-38.33%

IPO details

Price band	₹98–104
Final issue price	₹104
Lot size	1200 shares
Minimum investment	₹2,49,600 (2 lots, the minimum for individuals)
Market	NSE Emerge (SME)
Issue type	100 % Book Building
Face value	₹10
Industry	IT Enabled Services
Issue size	Initial Public Issue of up to 38,65,200 Equity shares (Including 2,13,600 Equity shares to be subscribed by Market Maker and Anchor Allocation 10,90,800 Equity Shares)
ISIN	INE132901013
Registrar	Maashitla Securities Private Limited Helpline: 47581432, investor.ipo@maashitla.com
Lead managers	Narnolia Financial Services Limited
Prospectus	Red herring prospectus (NSE)

Check allotment status

Allotment was finalised on 26 Sept 2025. Check it on the registrar's page (Maashitla Securities Private Limited), NSE or BSE with your PAN or application number.

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From NSE's official IPO data. Expected dates follow SEBI's T+3 timetable; the exchange confirms them. Information only, not investment advice.

What is the Matrix Geo Solutions IPO price band and lot size?

The price band is ₹98–104 per share, and one lot is 1200 shares (₹1,24,800 at the upper price).

When is the Matrix Geo Solutions IPO allotment date?

Allotment was finalised on 26 Sept 2025, the next working day after bidding closed on 25 Sept 2025.

How many times was the Matrix Geo Solutions IPO subscribed?

Subscription figures are not available yet.

What is the Matrix Geo Solutions IPO listing date?

It listed on 30 Sept 2025 on NSE Emerge (SME).

When does the Matrix Geo Solutions anchor lock-in end?

The 30-day lock-in on half of the anchor investors' shares ends on 25 Oct 2025 and the 90-day lock-in on the rest ends on 24 Dec 2025; they can sell from the next trading day.

What was the Matrix Geo Solutions listing gain?

It opened at ₹103.90 against an issue price of ₹104, a loss of 0.10%. It is now down 53.37% from the issue price.