PRICE HISTORY.
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Key numbers
Published fundamentals and the date each figure was recorded.
Matrix Gas and Renewables Limited aggregates natural gas: it sources gas from varied supply sources and markets it to Indian downstream customers. The DRHP says it altered its main objects in December 2021 to trade all types of fuel, including natural gas, oil and power, and to act as energy-planning and management advisers before entering the gas-aggregation business. The prospectus identifies natural gas as a feedstock for fertilizer, petrochemicals and other chemicals and as a fuel for electricity generation and industrial and commercial heating. It also discloses a solar project: contracts for a 5,330 kWp solar PV plant were novated to the company, with supply revenue intended to begin after commissioning. The document says the company operated from a registered office subleased from Gensol Engineering and rented properties in several states. This describes the pre-IPO business model in the July 2023 DRHP, rather than a later operating assessment.
About this company
Matrix Gas and Renewables Limited is an Ahmedabad-based energy company operating across the conventional and clean-energy value chain. It was originally incorporated in March 2018 as Gensol Renewables Private Limited and was renamed Matrix Gas and Renewables in 2022 after broadening its mandate from solar project services into fuel aggregation and trading. The company positions itself as a natural gas aggregator, sourcing and marketing natural gas to industrial and commercial buyers. Its customer base spans sectors such as refineries, ceramics, fertilisers, petrochemicals, steel, glass, city gas distribution networks, power plants and FMCG manufacturing. Alongside this core trading and supply activity, Matrix offers energy planning and management consultancy and has expanded into renewable and transition-fuel segments, including solar power generation on an independent power producer basis, Compressed Bio-Gas (CBG) development and green hydrogen initiatives. This multi-fuel approach is how the company frames its long-term role in India's energy mix. Matrix is associated with the Gensol group ecosystem, and its leadership and promoter lineage have historically been linked to founders connected with Gensol Engineering and the BluSmart mobility venture. This parentage, combined with the company's positioning in natural gas and clean energy, is part of what has historically drawn attention to its shares in the unlisted market. The company has also undertaken a pre-IPO fundraising round and has been reported as preparing for a future public listing on the SME platform rather than the main board. As a pre-IPO, unlisted entity, Matrix Gas and Renewables is not currently traded on the NSE or BSE main board, and its shares change hands privately through the unlisted market. The face value of the share is ₹10. Indicative unlisted prices for the company have shown wide movement over the past year, reflecting the limited liquidity, evolving company-specific developments and sentiment that characterise pre-IPO names. The figures quoted here are indicative market data points, not official exchange prices, and should be read alongside the company's own disclosures.
COMPANY REGISTRY · ON FILE
THE CREW · BOARD & MANAGEMENT
COMMON QUESTIONS.
Is Matrix Gas And Renewables listed on the stock exchange?+
No. As of 3 September 2026, Matrix Gas And Renewables is an unlisted company whose shares trade over-the-counter; it would list only if and when it completes an IPO.
What is the Matrix Gas And Renewables unlisted share price?+
As of 3 September 2026, the indicative unlisted share price of Matrix Gas And Renewables is ₹4.50 per share. This is an over-the-counter reference price, not a stock-exchange quote.
What indicative minimum amount is displayed for Matrix Gas And Renewables unlisted shares?+
The displayed unit count is 2,225 share(s); at the indicative price of about ₹4.50, the displayed amount is approximately ₹10,013. This is a display convention, not evidence of inventory, an order minimum or a quote.
What is the ISIN of Matrix Gas And Renewables?+
The recorded ISIN of Matrix Gas And Renewables is INE0PO201010. An ISIN is a 12-character security identifier. Verify it against the issuer and the relevant depository record before using it for any transfer or documentation.
Is trading in Matrix Gas And Renewables unlisted shares legal in India?+
Unlisted shares can be transferred off-market in India, but the legal, tax and compliance position depends on the security, parties, documents and current rules. Verify the intermediary, issuer restrictions and applicable requirements before proceeding.
Is there a lock-in period for unlisted shares?+
A post-listing lock-in may apply under the rules in force at the time. The period and any exemptions can depend on the holder and acquisition, so check the current regulation and the issuer's offer documents rather than relying on a generic period.
Do you guarantee returns?+
No. Unlisted shares carry higher risk and lower liquidity than listed shares. Returns depend on company performance, market conditions and future listing outcomes. This is information only, not investment advice.