Matrix Geo Solutions IPO — Listing Performance

Matrix Geo Solutions IPO facts & figures

Issue categorySME
Issue open date23 Sep 2025
Listing date30 Sep 2025
Overall subscription7.17x
Issue price₹104
Listing-day close₹99.15 (-4.66%)
Recent market price₹74 (-28.85% vs issue)
52-week range₹58.10 – ₹116.80
IdentifiersNSE: MGSL · ISIN: INE132901013

How the listing went

Matrix Geo Solutions had a flat debut, closing within 4.66% of its issue price, on moderate subscription of 7.17x.

Matrix Geo Solutions against every other debut on record

  • Rank in 2025: 168 of 215 NSE debuts, on a -4.66% first-day close.
  • 24th percentile of 116 SME debuts in 2025 (median 6.52%).
  • 23rd of 31 debuts in September 2025.
  • Subscribed 7.17x: 46th percentile of 165 SME issues with a figure; the 32 subscribed between 5 and 20 times closed day one a median 7.66%.
  • Opened 0.1% below issue, then gave up 4.56 points to the close.
  • Day-one range ₹98.70 to ₹103.90: a 5% swing on the issue price.
  • Last close ₹74 (11 Sep 2026): 28.85% below issue, against -4.66% on day one.
  • 27% up its 52-week range of ₹58.10 to ₹116.80.
  • Priced at the top of the ₹98 to ₹104 band.
  • Listed 5 calendar days after close.
  • All 601 SME debuts on record: median 14.22%, 79% closed above issue.

Computed over 1109 verified NSE debuts to 11 Sep 2026 · sources

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