Comparison between Matrix Geo Solutions IPO and Zelio E-Mobility IPO.
Matrix Geo Solutions IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Zelio E-Mobility IPO is a SME Bookbuilding proposed to list at BSE SME.
| Matrix Geo Solutions IPO | Zelio E-Mobility IPO | |
|---|---|---|
| Logo | ![]() | ![]() |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Narnolia Financial Services Ltd. | Hem Securities Ltd. |
| Registrar | Maashitla Securities Pvt.Ltd. | Maashitla Securities Pvt.Ltd. |
| Market Maker | Prabhat Financial Services Ltd. | Hem Finlease Pvt.Ltd. |
| DRHP | DRHP ![]() | DRHP ![]() |
| RHP | RHP ![]() | RHP ![]() |
| Final Prospectus | Final Prospectus ![]() | Final Prospectus ![]() |
| Anchor Investor | Anchor Investor ![]() | Anchor Investor ![]() |
| IPO Allotment URL | IPO Allotment URL ![]() | IPO Allotment URL ![]() |
The total issue size of Matrix Geo Solutions IPO is up to ₹37.98 Cr whereas the issue size of the Zelio E-Mobility IPO is up to ₹74.34 Cr. The final issue price of Matrix Geo Solutions IPO is ₹104.00 per share and of Zelio E-Mobility IPO is ₹136.00 per share.
| Matrix Geo Solutions IPO | Zelio E-Mobility IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹98.00 per share | ₹129.00 per share |
| Issue Price (Upper) | ₹104.00 per share | ₹136.00 per share |
| Issue Price (Final) | ₹104.00 per share | ₹136.00 per share |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 1200 shares | 1000 shares |
| Fresh Issue Size | 36,51,600 shares | 43,26,000 shares |
| Fresh Issue Size (Amount) | up to ₹37.98 Cr | up to ₹58.83 Cr |
| OFS Issue Size | 0 shares | 11,40,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹15.50 Cr |
| Issue Size Total | 36,51,600 shares | 54,66,000 shares |
| Issue Size Total (Amount) | up to ₹37.98 Cr | up to ₹74.34 Cr |
Matrix Geo Solutions IPO opens on Sep 23, 2025, while Zelio E-Mobility IPO opens on Sep 30, 2025. The closing date of Matrix Geo Solutions IPO and Zelio E-Mobility IPO is Sep 25, 2025, and Oct 03, 2025, respectively.
| Matrix Geo Solutions IPO | Zelio E-Mobility IPO | |
|---|---|---|
| Anchor Bid Date | Sep 22, 2025 | Sep 29, 2025 |
| Issue Open | Sep 23, 2025 | Sep 30, 2025 |
| Issue Close | Sep 25, 2025 | Oct 03, 2025 |
| Basis Of Allotment (Tentative) | Sep 26, 2025 | Oct 06, 2025 |
| Initiation of Refunds (Tentative) | Sep 29, 2025 | Oct 07, 2025 |
| Credit of Share (Tentative) | Sep 29, 2025 | Oct 07, 2025 |
| Listing date (Tentative) | Sep 30, 2025 | Oct 08, 2025 |
| Anchor Lockin End date 1 | Oct 26, 2025 | Nov 05, 2025 |
| Anchor Lockin End date 2 | Dec 25, 2025 | Jan 04, 2026 |
Matrix Geo Solutions IPO P/E ratio is 19.02, as compared to Zelio E-Mobility IPO P/E ratio of 14.04.
| Matrix Geo Solutions IPO | Zelio E-Mobility 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.
| Company Financials (Restated)Zelio E-Mobility Ltd.'s revenue increased by 83% and profit after tax (PAT) rose by 154% between the financial year ending with March 31, 2025 and March 31, 2024.
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| Promoter Shareholding (Pre-Issue) | 91.52 | 100 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 67.26 | 75.77 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 19.02 | 14.04 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹151.65 Cr. | ₹287.64 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 35.21 | 85.75 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 33.69 | 36.86 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.14 | 1.32 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹5.47 | ₹9.68 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 35.21 | 60.02 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Matrix Geo Solutions IPO Retail Individual Investors (RII) are offered 12,79,200 shares while in Zelio E-Mobility 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 10,93,000 shares in Zelio E-Mobility IPO.
| Matrix Geo Solutions IPO | Zelio E-Mobility IPO | |
|---|---|---|
| Anchor Investor Reservation | 10,90,800 shares | 16,39,000 shares |
| Market Maker Reservation | 2,13,600 shares | 2,94,000 shares |
| QIB | 7,30,800 shares | 10,93,000 shares |
| NII | 5,50,800 shares | 8,20,000 shares |
| RII | 12,79,200 shares | 19,14,000 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 36,51,600 shares | 54,66,000 shares |
Matrix Geo Solutions IPO subscribed 7.69x in total, whereas Zelio E-Mobility IPO subscribed 1.50x.
| Matrix Geo Solutions IPO | Zelio E-Mobility IPO | |
|---|---|---|
| QIB (times) | 12.50x | 1.61x |
| NII (times) | 8.87x | 1.76x |
| Big NII (times) | 10.27x | 2.31x |
| Small NII (times) | 6.05x | 0.65x |
| RII (times) | 4.43x | 1.32x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 7.69x | 1.50x |