Mobilise App Lab
CLOSEDIPO Date: 23 Feb - 25 Feb 2026
Listing Date: 2 Mar 2026
Price Range
Rs.75 - Rs.80
Issue Size
20 Cr
Min Investment
₹1,20,000
Lot Size
1600 Shares
Schedule of Mobilise App Lab
Issue open date
23 Feb 2026
Issue close date
25 Feb 2026
UPI mandate deadline
25 Feb 2026 (5 PM)
Allotment finalization
26 Feb 2026
Share credit
27 Feb 2026
Listing date
2 Mar 2026
Mandate end date
12 Mar 2026
Issue size
| Funds Raised in the IPO | Amount |
|---|---|
| Overall | 20 Cr |
| Fresh Issue | 20.1 Cr |
| Offer for Sale | 0 Cr |
Allotment DetailsNew
| Allotment Timeline | Details |
|---|---|
| Allotment Date | 26 Feb 2026 |
| Allotment Link | {Link} |
Grey Market PremiumNew
Grey Market Premium (GMP) is the premium at which the shares are traded in the grey market. It gives a fair idea about the listing price of the IPO shares. The GMP can be positive or negative based on the demand and supply of the shares in the grey market.
| Date | Ipo Price | GMP | Estimated Listing Price |
|---|---|---|---|
| 1 Mar 2026 | ₹80 | ₹4 | ₹84 (5%) |
| 28 Feb 2026 | ₹80 | ₹4 | ₹84 (5%) |
| 27 Feb 2026 | ₹80 | ₹5 | ₹85 (6.25%) |
| 24 Feb 2026 | ₹80 | ₹8 | ₹88 (10%) |
| 22 Feb 2026 | ₹80 | ₹0 | ₹80 (0%) |
| 21 Feb 2026 | ₹80 | ₹0 | ₹80 (0%) |
| 20 Feb 2026 | ₹80 | ₹0 | ₹80 (0%) |
| 19 Feb 2026 | ₹80 | ₹5 | ₹85 (6.25%) |
| 18 Feb 2026 | ₹80 | ₹13 | ₹93 (16.25%) |
| 17 Feb 2026 | ₹80 | ₹13 | ₹93 (16.25%) |
| 16 Feb 2026 | ₹80 | ₹0 | ₹80 (0%) |
Performance Mobilise App Lab
| Issue Price | Listing Gain | Current Market Price | P/L |
|---|---|---|---|
| Rs.75 - Rs.80 | ₹ 134 (-19.88%) | ₹ 71 | -11.25% |
About Mobilise App Lab
Mobilise App Lab Limited is an Indian software-as-a-service IT solutions provider offering digital platforms to manage and streamline enterprise operations. The company was incorporated in 2013 as Mobilise App Lab LLP and was later converted into a public limited company in 2025. The company develops and provides enterprise resource planning (ERP) solutions for business clients. Its products include EduPro ERP for educational institutions to manage admissions, attendance, fees, examinations, and academics; OpsSuite ERP, a computerised maintenance management system for asset tracking, work orders, inventory, and preventive maintenance; SCMPro ERP for supply chain processes covering source-to-contract and procure-to-pay functions; and HRevO, an ERP solution for human resource management. The company serves B2B clients across sectors, including education, healthcare, food and beverages, and facility maintenance. Mobilise App Lab Limited operates from its registered office in Faridabad, Haryana, and its corporate office in Gurugram, Haryana, India.
| Founded in | 2013 |
| Managing director | Mr. Ashish Sharma |
| Parent organization |
Financial Overview
Strengths
- Diversified SaaS ERP portfolio across HR, supply chain, education and asset management.
- Strong revenue growth with improving profitability over recent years.
- Asset-light, scalable B2B SaaS business model.
- Established presence across multiple industries and states in India.
- Promoter-driven leadership with domain and industry experience.
Risks
- High revenue concentration from top clients may impact stability.
- Dependence on Maharashtra for a significant share of revenue.
- Heavy reliance on the HRevO product for major revenue contribution.
- Past delays in statutory and regulatory compliance.
- Dependence on promoters and key personnel for business continuity.
Subscription Figures
| Category | Subscription (No. of times) |
|---|---|
| Qualified Institutional Buyers (QIBs) | 40.44 |
| Non-Institutional Investors (NIIs) | 125.76 |
| Retail Individual Investors (RIIs) | 88.8 |
| Employee | N/A |
| Total | 85.97 |