Matrix Geo Solutions Ltd IPO
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Matrix Geo Solutions Ltd IPO Details
Details
| Total Shares Offered | Offer to Public | Retail Max (Shares) | Pre Issue Promoters Holding | Exchange | Issue size |
|---|---|---|---|---|---|
| ₹ 38.65 L | TBA | TBA | ₹ 98.08 L | NSE | ₹ 40.2 Cr |
| IPO Open Date | Close Date | Lot Size | Min Investment | Issue Type | Listing Date |
| 23 Sep, 25 | 25 Sep, 25 | 1200 | ₹ 1,17,600 | Book Building - SME | 30 Sep, 25 |
Matrix Geo Solutions Ltd IPO Dates
Details
| Sector | Type |
|---|---|
| Sector | Miscellaneous |
| Sub Sector | NA |
| Issue Type | Book Building - SME |
Subscription Status
*Values are in Lakhs
| Investor Type | Subscription Times | Shares Offered* | Shares Bid* |
|---|---|---|---|
| QIB | 0x | 0 | 0 |
| NII | 0x | 0 | 0 |
| Retail | 0x | 0 | 0 |
| Employee | 0x | 0 | 0 |
| Total | 0x | 3865200 | 0 |
Subscription Status
Investor Type
QIB
NII
Retail
Employee
Total
*Values are in Lakhs
Matrix Geo Solutions Ltd Financial Status
Income Statement
Balance Sheet
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Revenue from operations | 4.81 | 1.83 | 1.84 |
| EBITDA | 5.16 | 2.23 | 2.09 |
| PAT | 3.35 | 1.09 | 1.21 |
| Total Assets | 10.24 | 9.32 | 10.98 |
| Share Capital | 0.01 | 0.01 | 0.01 |
| Total Borrowings | 2.85 | 3.60 | 0.98 |
| Operating Activities (Net Cash) | 3.70 | 1.49 | 1.46 |
| Investing Activities (Net Cash) | 0.01 | 0.01 | 0.01 |
| Financing Activities (Net Cash) | 2.85 | 3.60 | 0.98 |
| Net Cashflow | 0.88 | 0.43 | 0.41 |
Particulars (in Rs. Crores)
Revenue from operations
EBITDA
PAT
Total Assets
Share Capital
Total Borrowings
Operating Activities (Net Cash)
Investing Activities (Net Cash)
Financing Activities (Net Cash)
Net Cashflow
About Matrix Geo Solutions Ltd
Our Company was originally incorporated as a private limited company with the name of Matrix Geo Solutions Private Limited under the Companies Act, 1956 vide certificate of incorporation dated July 14, 2008, issued by Registrar of Companies, NCT of Delhi and Haryana, bearing CIN U74120DL2008PTC180850. Further, our company was converted into a Public Limited Company in pursuance of a special resolution passed by the members of our Company at the Extra-Ordinary General Meeting held on June 15, 2024 & name of our Company changed from Matrix Geo Solutions Private Limited to Matrix Geo Solutions Limited & Registrar of Companies, CPC has issued a new certificate of incorporation consequent upon conversion dated August 07, 2024, bearing CIN: U74909DL2008PLC180850.
The geospatial industry is experiencing rapid growth and innovation, driven by advancements in technology and increasing adoption across various sectors. The global geospatial solutions market size was USD 555.31 billion in 2023, calculated at USD 626.13 billion in 2024 and is expected to be worth around USD 2,155.72 billion by 2034, as per Precedence research. This growth is driven by the increasing integration of spatial analysis into governance, enterprise and consumer applications. Innovations in satellite imagery, aerial imagery, GPS, GIS and 3D mapping have led to more sophisticated and accurate methods of geospatial data collection and analysis. These technologies have expanded the range of applications for geospatial data, enabling industries to gain deeper insights and make more precise decisions. Climate change and environmental concerns are also driving the demand for geospatial solutions. As the impacts of climate change become more apparent, governments and organizations are seeking ways to monitor, analyse and mitigate these challenges. Geospatial technology plays a critical role in this effort, providing the tools needed to assess environmental changes, manage natural resources and plan for sustainable development. As the industry continues to evolve, it will play an even more vital role in addressing global challenges and supporting informed decision-making.
Our company is primarily engaged in providing comprehensive geospatial and consulting services with a strong focus on Drone-as-a-Service (DaaS) and Geospatial & Remote Sensing Services. Through Drone as a service, we offer high-resolution drone-based aerial surveys for various applications, including mapping, surveillance, and infrastructure inspection. Our services include the creation of detailed orthophotos, 3D models, digital elevation models, and precise topographical maps. Additionally, we offer geo-referenced video solutions for progress monitoring, surveillance, and incident management across various industries.
Peer Comparison:
- Genesys International Corporation Ltd
Matrix Geo Solutions Ltd IPO Key Points
Strengths
- Effective market anticipation.
- Favorable Government policies.
- Cordial relations with our clients.
- Emerging segment in India.
- Quality Deliverables.
Risk
- Our major revenue is sourced from Geospatial & Consultancy Services. Our inability or failure to manage and attract more clients under these services could adversely affect our business.
- Our contingent liabilities as stated in our Restated Financial Statements could adversely affect our financial conditions.
- Our training business, (training through drones) is highly regulated and subject to change, we have a DGCA license subject to certain conditions. If we fail to comply with the applicable regulations, rules prescribed by Government of India as well as condition on which DGCA license has issued, our business, financial condition may have a material adverse effect on our business & operations.
Strategy
- Drone Training through Drone academy of India.
- Expanding to Pan India and International Markets.
- Expansion of our Service portfolio by investment in new technologies and equipment's.
- Effective market anticipation.
- Favorable Government policies.
- Cordial relations with our clients.
- Emerging segment in India.
- Quality Deliverables.
How To Apply for Matrix Geo Solutions Ltd IPO Online?
Step 1:
Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.
Step 2:
From the list of open IPOs, select the IPO you want to invest.
Step 3:
Go through the IPO details like lot size, price band, about the company, etc.
Step 4:
Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.
Step 5:
Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.
