How to Check Matrix Geo Solutions IPO Allotment Status?

Matrix Geo Solutions Limited is a consultancy firm specializing in advanced survey technologies including photogrammetry, LiDAR, GIS, and remote sensing using drones and satellite imagery, established in 2008. The company operates with 100 permanent employees as of July 31, 2025, having completed over 1,500 projects across 27 Indian states serving railways, roads, irrigation, mining, and power sectors while working on key projects including India's first bullet train between Ahmedabad and Mumbai, Pune-Mumbai Hyperloop, and innovative drone-based pipeline monitoring for clients including Indian Railways, NHAI, NTPC, GAIL, L&T ECC, Adani Group, and Tata Projects.

The Matrix Geo Solutions IPO came with a total issue size of ₹40.20 crore, comprising entirely a fresh issue of 0.39 crore shares aggregating to ₹40.20 crore. The IPO opened on September 23, 2025, and closed on September 25, 2025. The allotment for the Matrix Geo Solutions IPO is expected to be finalized on Friday, September 26, 2025. The Matrix Geo Solutions IPO share price band was set at ₹98 to ₹104 per share.

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Steps to Check Matrix Geo Solutions IPO Allotment Status on Registrar Site

• Visit the Maashitla Securities Pvt.Ltd. website
• Select "Matrix Geo Solutions" from the dropdown menu on the allotment status page
• Enter your PAN ID, Demat Account Number, or Application Number in the designated field
• Complete the captcha verification process and click on the "Submit" button to view your allotment status

Steps to Check Matrix Geo Solutions IPO Allotment Status on NSE

• Navigate to the NSE SME IPO Allotment Status Page
• Select the issue type: equity/debt
• Choose "Matrix Geo Solutions" from the list of active IPOs in the dropdown menu
• Input your Application Number and PAN ID in the required fields
• Verify the captcha and click "Search" to check your allotment status

Matrix Geo Solutions IPO Subscription Status

Matrix Geo Solutions IPO received good investor interest, being subscribed 7.69 times overall. The subscription showed solid confidence across categories in the Matrix Geo Solutions IPO stock price potential. Here is a category-wise breakdown of the subscription as of 5:24:10 PM on September 25, 2025:

• Non-Institutional Investors (NII): 8.87 times.
• QIB Category: 12.50 times.

Matrix Geo Solutions Share Price and Investment Details

The Matrix Geo Solutions IPO stock price band was set at ₹98 to ₹104 per share with a minimum lot size of 1,200 shares. The minimum investment required for individual investors was ₹2,49,600 for 2 lots (2,400 shares). The issue included up to 10,90,800 shares allocated to anchor investors raising ₹11.34 crore. Given the good subscription response of 7.69 times overall, with QIB category showing strong response at 12.50 times and consistent interest from other categories, the Matrix Geo Solutions IPO share price is expected to list with good premium.

Utilisation of IPO Proceeds

The funds raised through the IPO will be utilised as follows:

• Purchase of new drones: ₹6.47 crore.
• Purchase of survey equipment and technologies: ₹8.02 crore.
• Capital expenditure: ₹2.72 crore.
• Working capital requirements: ₹15.50 crore.
• General corporate purposes: Remaining amount.

Business Overview

Matrix Geo Solutions Limited operates with in-house end-to-end technology solutions, long-standing client relationships, and experienced qualified management team while providing comprehensive geospatial and consulting services with strong focus on Data-as-a-Service (DaaS), having established DGCA authorized Remote Pilot Training Organization for drone training institute.