Comparison between M P K Steels IPO and Matrix Geo Solutions IPO.
M P K Steels IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Matrix Geo Solutions IPO is a SME Bookbuilding proposed to list at NSE SME.
| M P K Steels IPO | Matrix Geo Solutions IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | BSE SME | NSE SME |
| Lead Managers | Gretex Corporate Services Ltd. | Narnolia Financial Services Ltd. |
| Registrar | Maashitla Securities Pvt.Ltd. | Maashitla Securities Pvt.Ltd. |
| Market Maker | Gretex Share Broking Pvt.Ltd. | Prabhat Financial Services Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of M P K Steels IPO is up to ₹24.45 Cr whereas the issue size of the Matrix Geo Solutions IPO is up to ₹37.98 Cr. The final issue price of M P K Steels IPO is ₹79.00 per share and of Matrix Geo Solutions IPO is ₹104.00 per share.
| M P K Steels IPO | Matrix Geo Solutions IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹75.00 per share | ₹98.00 per share |
| Issue Price (Upper) | ₹79.00 per share | ₹104.00 per share |
| Issue Price (Final) | ₹79.00 per share | ₹104.00 per share |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 1600 shares | 1200 shares |
| Fresh Issue Size | 30,94,400 shares | 36,51,600 shares |
| Fresh Issue Size (Amount) | up to ₹24.45 Cr | up to ₹37.98 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 30,94,400 shares | 36,51,600 shares |
| Issue Size Total (Amount) | up to ₹24.45 Cr | up to ₹37.98 Cr |
M P K Steels IPO opens on Sep 26, 2025, while Matrix Geo Solutions IPO opens on Sep 23, 2025. The closing date of M P K Steels IPO and Matrix Geo Solutions IPO is Sep 30, 2025, and Sep 25, 2025, respectively.
| M P K Steels IPO | Matrix Geo Solutions IPO | |
|---|---|---|
| Anchor Bid Date | Sep 22, 2025 | |
| Issue Open | Sep 26, 2025 | Sep 23, 2025 |
| Issue Close | Sep 30, 2025 | Sep 25, 2025 |
| Basis Of Allotment (Tentative) | Oct 01, 2025 | Sep 26, 2025 |
| Initiation of Refunds (Tentative) | Oct 03, 2025 | Sep 29, 2025 |
| Credit of Share (Tentative) | Oct 03, 2025 | Sep 29, 2025 |
| Listing date (Tentative) | Oct 06, 2025 | Sep 30, 2025 |
| Anchor Lockin End date 1 | Oct 26, 2025 | |
| Anchor Lockin End date 2 | Dec 25, 2025 |
M P K Steels IPO P/E ratio is 9.04, as compared to Matrix Geo Solutions IPO P/E ratio of 19.02.
| M P K Steels IPO | Matrix Geo Solutions IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)M P K Steels (I) Ltd.'s revenue increased by 10% and profit after tax (PAT) rose by 95% between the financial year ending with March 31, 2025 and March 31, 2024.
| Company Financials (Restated Consolidated)Matrix Geo Solutions Ltd.'s revenue increased by 61% and profit after tax (PAT) rose by 75% between the financial year ending with March 31, 2025 and March 31, 2024.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 97.82 | 91.52 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 66.52 | 67.26 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 9.04 | 19.02 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹80.43 Cr. | ₹151.65 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 28.55 | 35.21 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 19.32 | 33.69 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.76 | 0.14 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹8.74 | ₹5.47 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 24.98 | 35.21 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the M P K Steels IPO Retail Individual Investors (RII) are offered 20,12,800 shares while in Matrix Geo Solutions IPO retail investors are offered 20,12,800 shares. Qualified Institutional Buyers (QIB) are offered 1,50,400 shares in M P K Steels IPO and 7,30,800 shares in Matrix Geo Solutions IPO.
| M P K Steels IPO | Matrix Geo Solutions IPO | |
|---|---|---|
| Anchor Investor Reservation | 0 shares | 10,90,800 shares |
| Market Maker Reservation | 1,63,200 shares | 2,13,600 shares |
| QIB | 1,50,400 shares | 7,30,800 shares |
| NII | 9,31,200 shares | 5,50,800 shares |
| RII | 20,12,800 shares | 12,79,200 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 30,94,400 shares | 36,51,600 shares |
M P K Steels IPO subscribed 1.54x in total, whereas Matrix Geo Solutions IPO subscribed 7.69x.
| M P K Steels IPO | Matrix Geo Solutions IPO | |
|---|---|---|
| QIB (times) | 19.95x | 12.50x |
| NII (times) | 0.65x | 8.87x |
| Big NII (times) | 0.92x | 10.27x |
| Small NII (times) | 0.11x | 6.05x |
| RII (times) | 0.58x | 4.43x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.54x | 7.69x |
