Matrix Geo Solutions Ltd IPO

Issue:₹104

List:₹103.9

CMP:₹83

NSELot: 1200Miscellaneous

LISTEDSME

Issue Price₹104

Listing₹103.9

Current₹83

Price Band

₹98 - ₹104

Lot Size

1,200

Issue Size

₹40.2 Cr

GMP

₹0

Subscription

0.22x

Content

IPO Schedule

Open

23 Sept

25 Sept

Allotment

26 Sept

Listing

30 Sept

About Matrix Geo Solutions Ltd

Matrix Geo Solutions Ltd provides specialized geophysical and geotechnical services, primarily focusing on subsurface investigation and analysis for infrastructure projects. They offer services like seismic surveys, ground penetrating radar, and soil testing, catering to sectors like construction, mining, and oil & gas.

Subscription Status

QIB

0.00x

NII

0.15x

Retail

0.38x

Category	Day 3	Day 2	Day 1
QIB	12.50x	0.00x	0.00x
NII	8.87x	0.40x	0.15x
Retail	4.43x	1.06x	0.38x
Total	7.69x	0.61x	0.22x

Risk Factors

•SME segment company carries higher risk than mainboard listed companies, due to lower liquidity and potentially volatile stock price.

•Dependence on specific industries (construction, mining, oil & gas) makes the company vulnerable to economic downturns in those sectors.

•Intense competition from both organized and unorganized players in the geophysical and geotechnical services market.