ListedSMEMGSL

Matrix Geo Solutions Limited

Matrix Geo Solutions Limited is an SME IPO raising ₹40 Cr at ₹98 – ₹104 a share. It listed on 30 Sept 2025 at ₹104, −0.1% against its issue price of ₹104, and trades at ₹74 today (−28.9% since issue). It was subscribed 7.73× in total.

Get alerts on this company Company page Prospectus ↗

₹104

Issue price

₹74

Price now

−28.9%

Since issue price

30 Sept 2025

Listed on

7.73×Subscribed (final) · all exchanges

7.7 times more demand than shares on offer

populated partly populated we hold nothing here — the tab says why

Terms of the issue

The mechanics of what is being sold. Held for every issue we track.

Price band₹98 – ₹104

Cut-off price₹104

Issue size₹40 Cr

Shares per lot1200

Minimum application₹1,24,800

Minimum quantity2400

Face value₹10

Listing exchangesNSE

ISININE132901013

Bidding hours10:00 – 17:00 IST

Bidding window23 Sept 2025 – 25 Sept 2025

SME

What being an SME issue means here. SME issues list on NSE Emerge or BSE SME. They disclose less than mainboard issues, trade far more thinly, and — by regulation — the minimum application is a full lot worth roughly ₹1–1.5 lakh rather than about ₹15,000. That is why the minimum above is so much larger than for a mainboard issue.

Not here yet

Valuation against the issuer's named peers, what the fresh money funds, and the anchor-investor allocation come from reading the prospectus, which we do for current and upcoming issues — historical issues will not gain them.