Mobilise App Lab IPO opens on February 23, 2026 and closes on February 25, 2026. The price band is ₹75 to ₹80 per share and the allotment date is February 26, 2026. The IPO is scheduled to be listed on NSE SME on March 2, 2026. The issue is a book building IPO by Mobilise App Lab Limited and the company plans to raise around ₹20 crores through a fresh issue.
Contents
Mobilise App Lab IPO Key Highlights
| IPO Particulars | Details |
|---|---|
| IPO Open Date | February 23, 2026 |
| IPO Close Date | February 25, 2026 |
| Basis of Allotment | February 26, 2026 |
| Refunds | February 27, 2026 |
| Credit to Demat Account | February 27, 2026 |
| IPO Listing Date | March 2, 2026 |
| IPO Bidding Cut-off Time | February 25, 2026 – 5 PM |
| Issue Type | Book Building Issue |
| Face Value | ₹10 per equity share |
| Price Band | ₹75 to ₹80 per share |
| Issue Size | Approx ₹20 crores |
| Fresh Issue | Approx ₹20 crores |
| Offer for Sale | Approx [.] equity shares |
| IPO Listing | NSE SME |
| DRHP Draft Prospectus | View PDF |
| RHP Draft Prospectus | View PDF |
Mobilise App IPO
Open: 23-25 Feb
Issue Size: ₹20 Cr.
Objective: To strengthen product growth, tech and general corporate needs.
Exchange: BSE
Mobilise App Lab IPO review
The IPO of Mobilise App Lab is rated as neutral. The company has shown steady growth in revenue and profits over the last three financial years and continues to strengthen its product portfolio in SaaS and enterprise digital solutions.
However, being an SME platform listing and operating in a competitive IT services and software market, the business carries execution and scalability risks. Long-term investors may consider this IPO based on the company’s improving financial profile and sector opportunity, while keeping moderate risk expectations.
Mobilise App Lab IPO market lot
The minimum market lot for Mobilise App Lab IPO is 3,200 shares for an application amount of ₹2,56,000.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 | 3,200 | ₹2,56,000 |
| Retail Maximum | 2 | 3,200 | ₹2,56,000 |
| S-HNI Minimum | 3 | 4,800 | ₹3,84,000 |
| S-HNI Maximum | 7 | 11,200 | ₹8,96,000 |
| B-HNI Minimum | 8 | 12,800 | ₹10,24,000 |
Mobilise App Lab IPO reservation
| Investor Category | Shares Offered | % of Shares |
|---|---|---|
| Anchor Investor | 7,13,600 shares | 28.41% |
| QIB (Ex-Anchor) | 4,76,800 shares | 18.98% |
| NII Shares Offered | 3,60,000 shares | 14.33% |
| Retail Shares Offered | 8,35,200 shares | 33.25% |
Mobilise App Lab IPO anchor investors
| Particular | Details |
|---|---|
| Anchor Bidding Date | February 20, 2026 |
| Anchor Investors List | View PDF |
| Shares Offered | 7,13,600 shares |
| Anchor Size | ₹5.71 Cr. |
| Lock-in end date for 50% shares (30 days) | March 28, 2026 |
| Lock-in end date for 50% shares (90 days) | May 27, 2026 |
Promoters and holding pattern
The promoters of the company are Mr. Ashish Sharma, Mrs. Smriti Sharma and Dr. Manish Sharma.
| Particular | Shares | % Share |
|---|---|---|
| Promoter Holding Pre Issue | 70,00,000 | 6.73% |
| Promoter Holding Post Issue | 95,12,000 | 5.63% |
Objects of the issue
The company plans to utilise the IPO proceeds mainly for funding product development through hiring skilled talent amounting to ₹5.54 crores. It will also use ₹3.03 crores for business development and marketing activities to support domestic expansion. An amount of ₹5.47 crores is earmarked for strengthening the company’s infrastructure. The remaining funds will be used for general corporate purposes.
About Mobilise App Lab Limited
Founded in 2013, Mobilise App Lab Limited is a SaaS and IT solutions company offering digital platforms to simplify daily operational processes for organisations. The company began with its flagship EduPro ERP for educational institutions and later expanded its product suite to include CMMS, SCMPro ERP, HR ERP HRevO, single sign-on solutions, AI studio and IoT-based applications.
The company focuses on scalable and secure technology solutions and has a strong in-house team skilled in Angular, React, Laravel, Node.js, Python, PHP and .NET, supported by cloud and DevOps engineers.
Mobilise App Lab IPO company financials
Amount in ₹ crores
| Period Ended | Revenue | Expense | PAT | Assets |
|---|---|---|---|---|
| 2023 | 7.12 | 4.69 | 1.76 | 3.39 |
| 2024 | 12.13 | 7.95 | 3.10 | 6.50 |
| 2025 | 16.24 | 9.93 | 4.71 | 11.92 |
| Dec 2025 | 13.53 | 7.97 | 4.01 | 15.84 |
Business Analysis and Financial Health
Mobilise App Lab Limited operates in the growing SaaS and enterprise software segment, with strong exposure to education ERP, workflow automation and digital transformation tools. The company has delivered consistent revenue growth from ₹7.12 crores in FY2023 to ₹16.24 crores in FY2025, supported by expanding product adoption and a diversified client base.
Profitability has improved significantly, with PAT rising to ₹4.71 crores in FY2025 and margins remaining healthy. The December 2025 numbers also indicate stable operational momentum.
High ROE and ROCE reflect efficient capital utilisation, while the increasing asset base shows continued investment in infrastructure and platforms. Overall, the company demonstrates improving financial strength, scalability potential and sound operating discipline for a growing technology-driven SME.
Mobilise App Lab IPO valuation – FY2025
| KPI | Value |
|---|---|
| ROE | 57.05% |
| ROCE | 75.40% |
| EBITDA Margin | 42.90% |
| PAT Margin | 29.20% |
| Debt to Equity Ratio | – |
| Earning Per Share (EPS) | ₹262.96 (Basic) |
| P/E Ratio | N/A |
| Return on Net Worth | 57.05% |
| Net Asset Value | ₹41.30 |
Peer group comparison
| Company | EPS | PE Ratio | RoNW | NAV | Income |
|---|---|---|---|---|---|
| Unicommerce Solutions Ltd | 1.97 | 67.28 | 23.64% | 8.98 | 21.92 Cr. |
| IRIS Business Services Ltd | 6.28 | 61.53 | 16.00% | 37.79 | 12.42 Cr. |
IPO lead managers
| Merchant Banker | Name |
|---|---|
| Lead Manager | Corporate Capitalventures Pvt. Ltd. |
Company address
| Particular | Details |
|---|---|
| Company Name | Mobilise App Lab Ltd. |
| Registered Address | 62-B, HSIDC, Sector-31, Faridabad, Haryana – 121002 |
| Phone | +91-9289965136 |
| cs@mobilise.co.in | |
| Website | https://mobilise.co.in/ |
IPO registrar
| Registrar | Details |
|---|---|
| Name | Bigshare Services Pvt. Ltd. |
| Phone | +91-22-6263 8200 |
| ipo@bigshareonline.com | |
| Website | https://ipo.bigshareonline.com/IPO_Status.html |
Mobilise App Lab IPO FAQs
What is Mobilise App Lab IPO?
Mobilise App Lab IPO is an SME IPO in which the company plans to raise ₹20 crores at a price band of ₹75 to ₹80 per equity share and will be listed on NSE SME.
When will Mobilise App Lab IPO open for subscription?
The IPO will open on February 23, 2026 and will close on February 25, 2026 for QIB, NII and retail investors.
What is the Mobilise App Lab IPO investors’ portion?
The QIB portion is 50%, NII portion is 15% and retail portion is 35%.
How to apply for Mobilise App Lab IPO?
Investors can apply through ASBA using their bank accounts, UPI through stock brokers, or by submitting offline application forms via brokers.
What is Mobilise App Lab IPO issue size?
The total issue size is ₹20 crores.
What is Mobilise App Lab IPO price band?
The price band is ₹75 to ₹80 per share.
What is Mobilise App Lab IPO lot size?
The minimum bid size is 3,200 shares with an application amount of ₹2,56,000.
What is the Mobilise App Lab IPO allotment date?
The allotment is expected to be finalised on February 26, 2026.
What is the Mobilise App Lab IPO listing date?
The IPO is scheduled to be listed on March 2, 2026 on NSE SME
Expert Comment
Mobilise App Lab Limited presents a niche SME technology offering with strong margins and improving profitability. The company’s product-led strategy, expanding SaaS portfolio and efficient capital usage are positive indicators.
However, competitive pressure in the enterprise software space and dependency on continuous innovation remain key risks. Long-term investors with higher risk appetite may evaluate the IPO based on business scalability and execution capability.
