Matrix Geo Solutions IPO vs Shyam Dhani Industries IPO

Comparison between Matrix Geo Solutions IPO and Shyam Dhani Industries IPO.

IPO Details

Matrix Geo Solutions IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Shyam Dhani Industries IPO is a SME Bookbuilding proposed to list at NSE SME.

Issue Size and Price

The total issue size of Matrix Geo Solutions IPO is up to ₹37.98 Cr whereas the issue size of the Shyam Dhani Industries IPO is up to ₹36.53 Cr. The final issue price of Matrix Geo Solutions IPO is ₹104.00 per share and of Shyam Dhani Industries IPO is ₹70.00 per share.

 Matrix Geo Solutions IPOShyam Dhani Industries IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹98.00 per share₹65.00 per share
Issue Price (Upper)₹104.00 per share₹70.00 per share
Issue Price (Final)₹104.00 per share₹70.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size1200 shares2000 shares
Fresh Issue Size36,51,600 shares52,18,000 shares
Fresh Issue Size (Amount)up to ₹37.98 Crup to ₹36.53 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total36,51,600 shares52,18,000 shares
Issue Size Total (Amount)up to ₹37.98 Crup to ₹36.53 Cr

IPO Timetable

Matrix Geo Solutions IPO opens on Sep 23, 2025, while Shyam Dhani Industries IPO opens on Dec 22, 2025. The closing date of Matrix Geo Solutions IPO and Shyam Dhani Industries IPO is Sep 25, 2025, and Dec 24, 2025, respectively.

 Matrix Geo Solutions IPOShyam Dhani Industries IPO
Anchor Bid DateSep 22, 2025Dec 19, 2025
Issue OpenSep 23, 2025Dec 22, 2025
Issue CloseSep 25, 2025Dec 24, 2025
Basis Of Allotment (Tentative)Sep 26, 2025Dec 26, 2025
Initiation of Refunds (Tentative)Sep 29, 2025Dec 29, 2025
Credit of Share (Tentative)Sep 29, 2025Dec 29, 2025
Listing date (Tentative)Sep 30, 2025Dec 30, 2025
Anchor Lockin End date 1Oct 26, 2025Jan 24, 2026
Anchor Lockin End date 2Dec 25, 2025Mar 25, 2026

Financials & KPIs

Matrix Geo Solutions IPO P/E ratio is 19.02, as compared to Shyam Dhani Industries IPO P/E ratio of 13.19.

 Matrix Geo Solutions IPOShyam Dhani Industries IPO
Financials

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.

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets30.7116.6614.53
Total Income22.1913.778.91
Profit After Tax5.863.351.09
EBITDA8.194.881.84
NET Worth21.9111.388.03
Reserves and Surplus11.1911.378.02
Total Borrowing1.681.621.64
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Shyam Dhani Industries Ltd.'s revenue increased by 16% and profit after tax (PAT) rose by 28% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended30 Sep 202531 Mar 202531 Mar 202431 Mar 2023
Assets88.7982.4752.8427.51
Total Income63.83124.75107.6468.10
Profit After Tax4.208.046.302.92
EBITDA8.6614.5210.885.97
NET Worth27.8123.6115.569.26
Reserves and Surplus12.938.7314.428.12
Total Borrowing48.1847.2424.4512.75
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)91.5298.11
Promoter Shareholding (Post-Issue)67.2672
P/E Ratio19.0213.19
Market Cap₹151.65 Cr.₹144.59 Cr.
ROE35.2141.06
ROCE33.6939.00
Debt/Equity0.142.00
EPS₹5.47₹5.31
RoNW35.2134.07

Shares Offered

In the Matrix Geo Solutions IPO Retail Individual Investors (RII) are offered 12,79,200 shares while in Shyam Dhani Industries IPO retail investors are offered 12,79,200 shares. Qualified Institutional Buyers (QIB) are offered 7,30,800 shares in Matrix Geo Solutions IPO and 10,44,000 shares in Shyam Dhani Industries IPO.

 Matrix Geo Solutions IPOShyam Dhani Industries IPO
Anchor Investor Reservation10,90,800 shares15,60,000 shares
Market Maker Reservation2,13,600 shares2,80,000 shares
QIB7,30,800 shares10,44,000 shares
NII5,50,800 shares7,86,000 shares
RII12,79,200 shares18,28,000 shares
Employee0 shares0 shares
Others
Total36,51,600 shares52,18,000 shares

Bids Received (Subscription)

Matrix Geo Solutions IPO subscribed 7.69x in total, whereas Shyam Dhani Industries IPO subscribed 988.29x.

 Matrix Geo Solutions IPOShyam Dhani Industries IPO
QIB (times)12.50x256.24x
NII (times)8.87x1,612.65x
Big NII (times)10.27x1,849.56x
Small NII (times)6.05x1,138.83x
RII (times)4.43x1,137.92x
Employee (times)
Other (times)
Total (times)7.69x988.29x

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Matrix Geo Solutions IPO Vs Shyam Dhani Industries IPO