IPO IPO-Synopsis
Matrix Geo Solutions Ltd

Back

Registered Office: Plot No.A-1/87 3rd Flr,Sewak Park Uttam Nagar , Delhi - 110059 , Delhi , India.
Phone : +91 75310 07100   Fax:
Email :  cs@matrix-geo.com  
Website :  www.matrix-geo.com
Initial public offering up to 38,65,200 equity shares of Rs10/- each ("Equity Shares") of Matrix GEO Solutions Limited ("MGSL" or the "Company") for cash at a price of Rs104/- per equity share (the "Issue Price"), aggregating to Rs40.20 crores ("the Issue"). Out of the issue, 2,13,600 equity shares aggregating to Rs2.09 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 Rs10/- each at an issue price of Rs104/- per equity share aggregating to Rs37.98 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.

Issue Money Payable On
Opens On Closes On Application Allotment
23-Sep-25 25-Sep-25 Rs104.00-0.00 Rs0.00-0.00
Minimum Application for shares in Nos :1200  Further Multiples of :1200

  Rs Cr Lead Managers to the Issue
Project Cost 0.00
Narnolia Financial Services Ltd
Project Financed through Current Offer 40.20  
Post Issue Equity Share Capital 14.58  
Issue Price Rs104.00  
Projects
Purchase of new dronesFunding the working capital requirement
Purchase of Survey Equipment and TechnologiesGeneral corporate purposes
Capital expenditure
Promoted By
Rahul Jain
Amit Sharma
Meenal Jain
Listing At
NSE - SME 
Registrar to the Issue
Maashitla Securities Pvt Ltd