Matrix Gas & Renewable Ltd Unlisted Shares

Matrix Gas & Renewables Limited is strategically positioned to play a pivotal role in India’s growing energy demand. As a premier natural gas aggregator, the company ensures a steady supply of natural gas from diverse sources at competitive prices, serving a wide array of industrial and commercial customers.

With India’s government actively promoting an increase in the share of natural gas in the national energy mix, Matrix Gas is at the forefront of this transition, offering a cleaner, more sustainable alternative to traditional fuels like coal. The company boasts a team of experienced professionals with deep expertise in India’s gas industry, ensuring reliable and innovative solutions for its customers.

Beyond natural gas, Matrix is aggressively expanding into Compressed Bio-Gas (CBG) , Green Hydrogen, and Solar Power Generation, positioning itself as a comprehensive clean energy solutions provider.

This article provides a detailed analysis of Matrix Gas & Renewables’ business model, diversified verticals, strong promoter backing, and why its unlisted Pre-IPO shares present a compelling high-growth investment opportunity, available exclusively at the best price on Unlisted Network.

Part I: Core Business Segments – A Diversified Energy Play

Matrix Gas & Renewables operates through multiple synergistic verticals, each addressing a critical aspect of India’s clean energy future.

1. Natural Gas Aggregation: The Foundation

Matrix Gas functions as a premier natural gas aggregator, focusing on the procurement and supply of natural gas to industrial and commercial customers.

• Services Offered: Competitive pricing, flexible supply contracts, and reliable, continuous supply.

• Track Record: The company has a proven track record, having handled gas volumes of 100 million standard cubic meters (MMSCM) to date.

• Flexible Contracts: Specializes in developing flexible offtake contracts with weekly or fortnightly supply terms, as well as flexible “take or pay” and LC requirements.

• Vision: Aims to become the preferred supplier of natural gas to downstream Indian customers by sourcing gas on a medium to long-term basis, ensuring supply security.

2. Compressed Bio-Gas (CBG): Waste-to-Energy Revolution

Matrix Gas is ambitiously expanding into the CBG sector by setting up CBG plants nationwide.

• Raw Material Sourcing: The team is actively identifying optimal locations and sustainable raw materials, including agri-residue, press mud, cow dung, Napier grass, potato peels, and municipal solid waste.

• End-to-End Execution: With strong financial resources and expertise in natural gas management, Matrix plans to market CBG efficiently to industrial customers and as vehicle fuel, ensuring seamless implementation and customer experience.

• Government Alignment: CBG aligns perfectly with India’s Swachh Bharat Mission and the SATAT initiative, promoting a circular economy.

3. Green Hydrogen: The Future Fuel

Matrix Gas & Renewables is pioneering the clean energy transition by focusing on Green Hydrogen production.

• Technical Expertise: The company has developed technical expertise and a professional team to execute Engineering, Procurement, and Commissioning (EPC) and Build, Own, Operate (BOO) projects.

• Electrolyser Manufacturing: Plans are underway to establish a manufacturing plant with a 2 GW hydrogen electrolyser capacity, a critical component for low-cost, high-quality hydrogen production.

• Full Supply Chain: Matrix’s capabilities span the entire Green Hydrogen supply chain, including production, storage, transportation, dispensing, and Green Ammonia production.

4. Solar Power: From Concept to Commissioning

Matrix is committed to partnering with customers from Concept to Commissioning of Solar Power Generation Projects.

• Rigorous Analysis: Every project is backed by a thorough analysis of land, solar radiation, grid connection infrastructure, and emerging technologies.

• Risk Mitigation: The team considers geographical location, climate conditions, temperature impacts on equipment, local facilities, and potential maintenance requirements, ensuring all capital investment projects are de-risked.

Part II: Promoter Strength – The Gensol & BluSmart Connection

A key differentiator for Matrix Gas is its strong promoter backing, providing it with unparalleled expertise in clean energy and electric mobility.

• Promoted by Diversified Groups: Matrix Gas benefits from the strategic vision and financial muscle of groups like Gensol Engineering Ltd. and BluSmart Mobility.

• Gensol Engineering: A leader in solar EPC (Engineering, Procurement, and Construction) and O&M (Operations & Maintenance) services in India.

• BluSmart Mobility: India’s leading B2C electric ride-hailing service and a pioneer in EV charging infrastructure.

This promoter ecosystem provides Matrix Gas with a robust foundation in renewable energy execution and access to cutting-edge electric mobility insights, creating significant synergies across the clean energy value chain.

Part III: Key Managerial Personnel – Experience at the Helm

Anmol Singh Jaggi (Chairman)

A visionary entrepreneur, Mr. Jaggi is the Chairman and Director of Gensol Engineering Ltd., India’s largest clean energy services company. He also founded BluSmart, India’s leading B2C electric mobility brand. His leadership has been instrumental in advancing clean energy and electric mobility in India, providing Matrix Gas with strategic direction and industry credibility.

Chirag Kotecha (CEO & Managing Director)

A seasoned professional with over 18 years of experience in the Oil & Gas industry, Mr. Kotecha specializes in LNG and Natural Gas. His career includes key leadership roles at:

• GSPC (Gujarat State Petroleum Corporation)

• Gujarat Gas

• Adani Total

• Indian Gas Solutions

With expertise spanning business development, contracts, regulation, and marketing, and holding a Bachelor’s in Electronics Engineering and an MBA in Finance, he brings both technical and commercial versatility to the company.

Part IV: Financials & Valuation – Unlisted Pre-IPO Opportunity

Shareholding Structure

As of the latest updates, Matrix Gas has issued shares in multiple tranches to expand its capital base.

Valuation Metrics

• Total Shares Outstanding (as of 08.07.2024): ~2.62 Crore (26,218,999 shares)

• Unlisted Pre-IPO Share Price: ₹900 per share

• Market Capitalization: ~₹2,300 Crore

• Expected PAT (FY25): ₹98 Crore

• Expected Forward P/E: ~25x

Investment Highlights

• High-Growth Sector: Positioned in India’s fastest-growing clean energy segments: Natural Gas, CBG, Green Hydrogen, and Solar.

• Strong Promoters: Backed by Gensol Engineering and BluSmart Mobility, providing execution credibility.

• Experienced Management: Led by industry veterans with deep domain expertise.

• Scalable Business Model: From gas aggregation to manufacturing electrolysers, the company has multiple revenue levers.

• Reasonable Valuation: At a forward P/E of 25x for FY25, the company offers growth at a relatively reasonable price, given the scalability of its green energy ventures.

Part V: Why Unlisted Network is Your Trusted Partner

At Unlisted Network, we specialize in connecting serious investors with high-quality, pre-IPO and unlisted investment opportunities. Here is why we are the best platform to buy Matrix Gas & Renewables unlisted shares:

1. Best Price Assurance

We leverage deep market connections and extensive research to offer you the most competitive pricing on Matrix Gas Pre-IPO shares.

2. Transparency & Trust

Every transaction on Unlisted Network is backed by clear documentation, secure payment gateways, and a transparent transfer process. No hidden fees, no last-minute surprises.

3. Expert Curation

Our team of financial analysts meticulously researches and vets each opportunity, ensuring that only fundamentally strong businesses like Matrix Gas make it to our platform.

4. Seamless Execution

From price discovery to share transfer, our dedicated support team handles the heavy lifting, making your investment journey smooth and hassle-free.

Ready to Invest?

Matrix Gas & Renewables Ltd represents a unique opportunity to invest in India’s clean energy transition. With a robust gas aggregation business, ambitious forays into CBG and Green Hydrogen, and the backing of industry giants like Gensol and BluSmart, the company is poised for exponential growth.

Ready to invest? Buy Matrix Gas & Renewables Unlisted Pre-IPO Shares at the best price exclusively on Unlisted Network.

Join the league of smart investors who are building their portfolios with high-conviction, unlisted assets. Whether you are an HNI, a corporate investor, or a retail participant looking for the next big opportunity, Unlisted Network is your gateway.

Conclusion

From natural gas aggregation to pioneering Green Hydrogen and CBG, Matrix Gas & Renewables Ltd is building a comprehensive clean energy ecosystem. With a proven track record, experienced leadership, and strong promoter backing, it stands at the cusp of India’s energy revolution.

For investors, the unlisted Pre-IPO shares offer a chance to enter a high-growth story at a formative stage, with a forward P/E of 25x for FY25 representing a compelling risk-reward ratio.

Don’t miss out. Buy Matrix Gas & Renewables Unlisted Pre-IPO Shares at the best price, exclusively on Unlisted Network.

Disclaimer: This article is for informational purposes only and based on data available up to the mentioned dates. Expected financials (FY25 PAT) are projections and subject to market risks and actual performance. Unlisted shares carry risks related to liquidity and valuation. Please consult your financial advisor before investing.