Mobilise App Lab IPO
Bookbuilding IPO | ₹20.00 Cr | Listing at NSE SME
Closed
IPO Open
Mon, Feb 23, 2026
IPO Close
Wed, Feb 25, 2026
Price Band
₹75.00 to ₹80.00
Market Cap (Pre-IPO)
₹76.10 Cr
IPO Details
| IPO Date | Feb 23, 2026 to Feb 25, 2026 |
| Listing Date | Tentative: Mar 02, 2026 |
| Face Value | ₹10.00 per share |
| Price Band | ₹75.00 to ₹80.00 |
| Lot Size | 1600 Shares (Minimum: ₹128,000.00) |
| Sale Type | Fresh Issue |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Issue Size | ₹20.00 Crores |
| Total Shares Offered | 2,512,000 shares |
| Offer For Sale | 2,512,000 shares |
Mobilise App Lab IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | 11,90,400 (47.39%) |
| Retail Shares Offered | 8,35,200 (33.25%) |
| NII Shares Offered | 3,60,000 (14.33%) |
Mobilise App Lab IPO Lot Size
Investors can bid for a minimum of 3,200 shares and in multiples of 1,600 shares thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 3,200 | ₹256,000 |
| Retail (Max) | 2 | 3,200 | ₹256,000 |
| S-HNI (Min) | 3 | 4,800 | ₹384,000 |
| S-HNI (Max) | 7 | 11,200 | ₹896,000 |
| B-HNI (Min) | 8 | 12,800 | ₹1,024,000 |
Mobilise App Lab Financial Information (Restated Consolidated)
| Period Ended | 31 Dec 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 15.84 | 11.92 | 6.50 | 3.39 |
| Total Income | 13.53 | 16.24 | 12.13 | 7.12 |
| Profit After Tax | 4.01 | 4.71 | 3.10 | 1.76 |
| EBITDA | 6.40 | 6.92 | 4.38 | 2.30 |
| NET Worth | 12.06 | 8.26 | 3.58 | 2.07 |
| Reserves and Surplus | 5.06 | 6.26 | 3.58 | - |
| Total Borrowing | 0.19 | 0.11 | 0.35 | 0.06 |
Amount in ₹ Cr
Key Performance Indicators
As of Monday, March 31, 2025| KPI | Values |
|---|---|
| ROCE (Return on Capital Employed) | 75.40% |
| Debt/Equity | 0.01 |
| RoNW (Return on Net Worth) | 57.05% |
| PAT Margin (Profit After Tax Margin) | 29.20% |
| EBITDA Margin | 42.90% |
| Price to Book Value | 1.94 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS Rs | 6.73 | 5.63 |
| P/E (x) | 11.88 | 14.22 |
| Promoter Holding | 96.00% | 70.65% |
Company Promoters
- Mr. Ashish Sharma
- Mrs. Smriti Sharma and Dr. Manish Sharma are the promoters of the company.
Company Overview
Mobilise App Lab – Company Overview
- Incorporated in 2012; operates as a technology-driven IT and enterprise software company.
- Specialises in delivering innovative, scalable, and secure digital solutions that support business automation and digital transformation.
- Offers enterprise solutions including Facility & Asset Management, HRMS, Supply Chain Management, School & University ERP, SSO, AI Studio, and IoT applications.
- Provides cloud-based, process-oriented platforms focused on efficiency, automation, and data-driven decision-making.
- Acts as a trusted digital transformation partner for organisations across industries.
Key Products:
- EduPro – ERP solution for educational institutions
- OpsSuite – Computerized Maintenance Management System (CMMS)
- SCMPro – Supply chain & procurement management solution
- HRevO – HRMS & employee lifecycle management platform
- Emphasis on customisation, quality delivery, and long-term client relationships.
- As per latest data, the company has 95 employees.
Company Strengths
- Tailored Solutions: Understanding Client’s Unique Needs
- Experienced promoters and senior management team with strong industry expertise and successful track record
- Long-standing client relationships
- Quality assurance and quality certification
Use of Proceeds
| 1) | Funding requirement in product development through talent hiring for the company | 5.54 |
| 2) | Funding requirement toward business development and marketing activities aimed at driving the organization’s expansion across domestic markets | 3.03 |
| 3) | Funding towards the infrastructure of the company | 5.47 |
| 4) | General Corporate Purposes | |
| Total | 14.05 |
Objectives
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
Mobilise App Lab IPO Peer Comparison
Mobilise App Lab peer comparison with similar listed entities. (As on March 31, 2025)| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Mobilise App Lab Ltd. | 262.96 | 262.96 | 41.30 | - | 57.05 | - | Standalone |
| Unicommerce Esolutions Limited | 1.97 | 1.94 | 8.98 | 67.28 | 23.64 | 16.25 | Standalone |
| Iris Business Services Limited | 6.28 | 6.17 | 37.79 | 61.53 | 16.00 | 10.24 | Standalone |
Quick Info
| Sector | Information Technology (IT) |
| Exchange | NSE SME |
| Market Cap (Pre-IPO) | ₹76.10 Cr |
Important Dates
| IPO Open | Feb 23, 2026 |
| IPO Close | Feb 25, 2026 |
| Allotment Date | Feb 26, 2026 |
| Credit to Demat | Feb 27, 2026 |
| Listing Date | Tentative: Mar 02, 2026 |
Lead Manager(s)
Corporate Capitalventures Pvt.Ltd.
Registrar
Bigshare Services Pvt.Ltd.
+91-22-6263 8200
Description
- IPO Type: Mobilise App IPO is a book build issue worth ₹20.10 crores, comprising entirely a fresh issue of 0.25 crore equity shares. The proceeds from the issue are expected to be utilized for business expansion, technology development, and general corporate purposes.
- IPO Dates: The IPO opens for subscription on February 23, 2026 and closes on February 25, 2026, offering a three-day bidding window for investors.
- Allotment & Listing: The basis of allotment is expected to be finalized on February 26, 2026. The shares are proposed to be listed on the NSE SME with a tentative listing date of March 2, 2026.
- Price Band: The IPO price band is fixed at ₹75 to ₹80 per equity share, positioning it within the SME segment for growth-oriented investors.
- Lot Size: The minimum application lot size is 1,600 shares, which defines the entry requirement for investors.
- Retail Investment Requirement: Retail investors are required to apply for a minimum of 3,200 shares, translating into an investment of ₹2,56,000 at the upper price band of ₹80 per share.
- HNI Investment Requirement: High Net-worth Individuals (HNI) must apply for a minimum of 3 lots (4,800 shares), amounting to approximately ₹3,84,000 at the upper price band.
- Investor Focus: Suitable for investors tracking SME IPOs, technology-driven companies, and NSE SME listings, with interest in emerging digital business models in India.