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Matrix Geo Solutions SME IPO Subscription Status

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Matrix Geo Solutions SME IPO closed on 25 September 2025 with an overall subscription of 7.69x based on shares applied. QIB demand came in at 12.50x, NII at 9.25x, and retail at 4.43x.

Allotment will be finalised on 26 September 2025. The stock is scheduled to list on NSE and BSE on 30 September 2025.

Issue Price

Rs 104.00

GMP Today

Rs 9.00 (+8.65%)

Overall Subscription

7.69x

Issue Size

₹37.98 Cr

Allotment Date

26 Sept 2025

Listing Date

30 Sept 2025

Matrix Geo Solutions SME IPO Subscription by Amount

Category-wise subscription based on amount applied at issue price Rs 104.00

CategoryAmount OfferedAmount AppliedSubscription
QIBRs 7.60 CrRs 95.01 Cr12.50x
FII-Rs 39.74 Cr-
DFI---
Mutual Funds---
Other-Rs 55.27 Cr-
NIIRs 5.73 CrRs 53.02 Cr9.25x
bNII (above Rs 10L)Rs 3.82 CrRs 41.46 Cr10.86x
Corporate-Rs 2.56 Cr-
Individual-Rs 38.79 Cr-
Other-Rs 11.23 L-
sNII (Rs 2L to Rs 10L)Rs 1.91 CrRs 11.56 Cr6.05x
Corporate-Rs 11.23 L-
Individual-Rs 11.29 Cr-
Other-Rs 14.98 L-
INDRs 13.30 CrRs 58.91 Cr4.43x
TotalRs 26.63 CrRs 206.93 Cr7.77x

Matrix Geo Solutions SME IPO Subscription by Applications

Category-wise subscription based on applications received

CategoryApplications OfferedApplications ReceivedSubscription
QIB60950.01x
FII-2-
DFI---
Mutual Funds---
Other-3-
NII1536344.14x
bNII (above Rs 10L)1023333.26x
Corporate-4-
Individual-328-
Other-1-
sNII (Rs 2L to Rs 10L)513015.90x
Corporate-3-
Individual-294-
Other-4-
IND5332,3604.43x
Total1,2952,9992.32x

What Do These Subscription Numbers Mean?

A subscription of 7.69x by shares means the IPO received bids for 8 times the shares reserved. Allotment odds depend on application count in each category, not share volume.

Here is what each category number tells you:

QIB at 12.50x by shares: This is the strongest signal on the page. QIBs are institutional investors, mutual funds, foreign institutions, and banks. When they subscribe at 12.50x, it reflects serious institutional conviction.

NII at 4.14x by applications: NII includes high net worth individuals applying above Rs 2 lakh. Proportional allotment uses application subscription. bNII came in at 3.26x and sNII at 5.90x by applications. Share subscription was 9.25x. Allotment uses application count, not share volume.

At 4.43x subscription by applications, approximately 1 in 4 retail applicants can expect an allotment (~23% per application). Retail allotment is done by lottery when oversubscribed.

Matrix Geo Solutions SME IPO Allotment Chances

Allotment odds below use application subscription (number of bids received), not share or amount subscribed.

Retail (IND)

  • Application subscription: 4.43x.
  • Allotment odds: about 1 in 4 (~23% chance per application).
  • Method: Lottery. If allotted, you receive at least one lot.
  • One application per PAN. Multiple eligible accounts in a household can improve overall family odds, not individual odds.

SHNI (Rs 2 lakh to Rs 10 lakh)

  • Application subscription: 5.90x.
  • Allotment odds: about 1 in 6 for a minimum-lot application (~17% of the applied lot on average).
  • Method: Proportional. Shares allotted are based on your bid size, not a lottery.

BHNI (above Rs 10 lakh)

  • Application subscription: 3.26x.
  • Allotment odds: about 1 in 3 for a minimum-lot application (~31% of the applied lot on average).
  • Method: Proportional. Shares allotted are based on your bid size, not a lottery.
  • Share subscription was 10.86x. Allotment uses application count, not share volume.

Check the Matrix Geo Solutions SME IPO Allotment Status page from 26 September 2025 for your allotment result.

Matrix Geo Solutions SME IPO GMP After Subscription

GMP for Matrix Geo Solutions SME stands at Rs 9.00 today, giving an estimated listing price of Rs 113.00 per share.

A subscription of 7.69x combined with a GMP of 8.65% is a strong combination heading into listing. QIB demand above 50x in particular tends to support listing sentiment, as institutional investors are seen as informed buyers.

Track live GMP on the Matrix Geo Solutions SME IPO GMP Today page or the IPOwiz Live IPO GMP Tracker.

Matrix Geo Solutions SME IPO Day-wise Subscription

DayQIBNIIRetailOverall
Day 1 - 23 Sept 20250.00x0.15x0.38x0.22x
Day 2 - 24 Sept 20250.00x0.40x1.06x0.61x
Day 3 - 25 Sept 202512.50x8.87x4.43x7.69x

Matrix Geo Solutions SME IPO Key Dates

EventDate
IPO Open Date23 September 2025
IPO Close Date25 September 2025
Allotment Date26 September 2025
Refund Initiation27 September 2025
Share Credit to Demat27 September 2025
Listing Date30 September 2025
Minimum InvestmentRs 2,49,600.00
Lot Size1200 shares

About Matrix Geo Solutions SME

No company information available

Understanding Subscription Categories

QIB - Qualified Institutional Buyers

Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.

NII - Non-Institutional Investors

High net worth individuals applying above Rs 2 lakh. Divided into bNII (above Rs 10 lakh) and sNII (Rs 2 lakh to Rs 10 lakh). NII allotment is proportional.

IND - Individual Investors

Investors applying up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Minimum one lot per successful applicant.

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Matrix Geo Solutions SME IPO Subscription FAQs

What is Matrix Geo Solutions SME IPO subscription status today?

Matrix Geo Solutions SME IPO subscription closed on 25 September 2025 with overall subscription of 7.69x (by shares) as of 27 June 2026, 2:47 AM IST. QIB 12.50x, NII 4.14x, IND 4.43x.

What is the overall subscription of Matrix Geo Solutions SME IPO?

Matrix Geo Solutions SME IPO is subscribed 7.69x overall by shares at close on 25 September 2025. QIB 12.50x, NII 4.14x, and IND 4.43x.

What is Matrix Geo Solutions SME IPO QIB subscription?

Matrix Geo Solutions SME IPO QIB (Qualified Institutional Buyers) subscription is 12.50x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.

What is Matrix Geo Solutions SME IPO IND subscription?

Matrix Geo Solutions SME IPO IND subscription is 4.43x by applications. Minimum retail bid is up to Rs 2 lakh per PAN.

What is Matrix Geo Solutions SME IPO NII subscription?

Matrix Geo Solutions SME IPO NII (Non-Institutional Investors) subscription is 4.14x by applications. NII covers bids above Rs 2 lakh.

What are allotment chances in Matrix Geo Solutions SME IPO for retail?

At 4.43x subscription by applications, approximately 1 in 4 retail applicants can expect an allotment (~23% per application). Allotment is done by lottery.

When is Matrix Geo Solutions SME IPO allotment date?

Matrix Geo Solutions SME IPO allotment date is 26 September 2025. Check Matrix Geo Solutions SME IPO Allotment Status on IPOwiz from that day using your PAN.

When does Matrix Geo Solutions SME IPO subscription close?

Matrix Geo Solutions SME IPO subscription closed on 25 September 2025. No new applications are accepted after the close.

What is Matrix Geo Solutions SME IPO GMP today?

Matrix Geo Solutions SME IPO GMP is ₹9 today (+8.65% over issue price ₹104). See live GMP on the Matrix Geo Solutions SME IPO GMP Today page.

What is Matrix Geo Solutions SME IPO issue price and lot size?

Matrix Geo Solutions SME IPO issue price is ₹104 per share. Lot size is 1200 shares. Minimum investment is ₹2,49,600 per lot (minimum 2 lots for SME). Issue size: ₹37.98 Cr.

When is Matrix Geo Solutions SME IPO listing date?

Matrix Geo Solutions SME IPO listing date is 30 September 2025 on NSE and BSE. Allotment is on 26 September 2025.

How does subscription affect Matrix Geo Solutions SME IPO allotment?

Allotment odds in Matrix Geo Solutions SME IPO depend on application subscription in each category, not share volume. Retail uses lottery when oversubscribed. NII proportional allotment at 4.14x by applications means roughly 1 in 4 for minimum-lot bids; bNII at 3.26x (~1 in 3). At 7.69x overall, competition is moderate.

For allotment results from 26 September 2025, visit the Matrix Geo Solutions SME IPO Allotment Status page. For listing day updates on 30 September 2025, download the IPOwiz App.

Reviewed by Dinesh Agrawal

15+ years in Indian capital markets and IPO research. Subscription data verified before publish.