• Sensex82617.84-396.12(-0.48%)
  • Nifty25296.7-126.9(-0.5%)
  • USDINR87.75-0.29(-0.33%)
Online tarding Partner With Us
BSE Prices delayed by 5 minutes ! Prices as on   Sep 19, 2025 - 1:02PM   ABB India 5438.7 [ 0.01% ]ACC 1877.3 [ 1.06% ]Ambuja Cements 583.3 [ 0.41% ]Asian Paints Ltd. 2508.55 [ 1.22% ]Axis Bank Ltd. 1134.55 [ 0.14% ]Bajaj Auto 8985.4 [ -0.99% ]Bank of Baroda 253.05 [ 1.67% ]Bharti Airtel 1945.8 [ 0.20% ]Bharat Heavy Ele 240.45 [ 2.60% ]Bharat Petroleum 329.9 [ 1.35% ]Britannia Ind. 6073.6 [ -0.41% ]Cipla 1563.5 [ -0.94% ]Coal India 394.3 [ 0.31% ]Colgate Palm. 2356.75 [ -0.39% ]Dabur India 535.8 [ -0.03% ]DLF Ltd. 774.75 [ -1.06% ]Dr. Reddy's Labs 1320.45 [ -0.15% ]GAIL (India) 181.8 [ 0.44% ]Grasim Inds. 2863 [ -0.53% ]HCL Technologies 1468.5 [ -1.69% ]HDFC Bank 964.65 [ -1.22% ]Hero MotoCorp 5387.85 [ 0.38% ]Hindustan Unilever L 2568 [ -0.72% ]Hindalco Indus. 745 [ -0.64% ]ICICI Bank 1403.55 [ -1.29% ]Indian Hotels Co 772 [ -1.23% ]IndusInd Bank 740 [ 0.61% ]Infosys L 1522.4 [ -1.16% ]ITC Ltd. 410.45 [ -0.36% ]Jindal Steel 1044.5 [ -0.27% ]Kotak Mahindra Bank 2032.15 [ -1.07% ]L&T 3683.1 [ -0.11% ]Lupin Ltd. 2049.55 [ 0.17% ]Mahi. & Mahi 3628.7 [ -0.34% ]Maruti Suzuki India 15893.15 [ 0.47% ]MTNL 45.42 [ 0.46% ]Nestle India 1195.55 [ -1.08% ]NIIT Ltd. 112.05 [ -0.22% ]NMDC Ltd. 77.29 [ 0.64% ]NTPC 338.2 [ 0.39% ]ONGC 236 [ 0.15% ]Punj. NationlBak 114.1 [ 2.10% ]Power Grid Corpo 287.25 [ -0.64% ]Reliance Inds. 1412.9 [ -0.12% ]SBI 862.15 [ 0.90% ]Vedanta 454.8 [ -0.09% ]Shipping Corpn. 217.8 [ -0.43% ]Sun Pharma. 1661.95 [ 0.79% ]Tata Chemicals 993.35 [ 0.42% ]Tata Consumer Produc 1125.8 [ -0.28% ]Tata Motors 710.9 [ -0.01% ]Tata Steel 171.6 [ -0.23% ]Tata Power Co. 395.15 [ 0.51% ]Tata Consultancy 3157.75 [ -0.58% ]Tech Mahindra 1546.85 [ -0.23% ]UltraTech Cement 12556 [ -0.55% ]United Spirits 1325.85 [ -0.13% ]Wipro 254.85 [ -0.78% ]Zee Entertainment En 118.35 [ 2.38% ]
BSE

MARKETS

News Details

( As on 19/09/2025 07:00)

Matrix Geo Solutions announces launch of initial public offering

Matrix Geo Solutions Ltd. has announced public offering of 3865200 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 94.00 per share. The gross proceeds of the issue are expected to be Rs 4,019.81 lakhs.

The company's initial public offer (IPO) will open on 23 September 2025 and is expected to close on 25 September 2025, subject to customary closing conditions. The price band of the issue has been fixed at Rs 98.00-104.00 per share.

The IPO includes a fresh Issue of 3865200 Equity Shares of the Company at an price of Rs 104.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 1200 shares with bids in multiples of 1200.

Matrix Geo Solutions Ltd. anticipates using the proceeds of the issue for

To meet out the Expenses for Purchase of New drones, To meet out the Expenses for Purchase of Survey Equipments and Technologies, To meet out the Capital expenditure Requirements of the company, To meet the Working Capital Requirements of the company, To meet out the General Corporate Purposes.

Maashitla Securities Pvt. Ltd.,Narnolia Financial Services Ltd. as lead manager(s) & is the registrar, to the issue.