Mobilise App IPO is a Book Built SME public issue of Mobilise App Lab Limited, a technology company that develops enterprise software and cloud-based digital solutions for businesses and institutions. The company focuses on helping organisations improve operational efficiency by providing software platforms that automate business processes, simplify data management, and support digital transformation. Through this IPO, the company aims to strengthen its financial position and support future business growth.
Mobilise App Lab Limited develops software products for a wide range of industries, including education, manufacturing, logistics, healthcare, and corporate enterprises. Its product portfolio includes enterprise resource planning (ERP) solutions, asset management systems, maintenance management software, human resource management platforms, and other business applications designed to streamline day-to-day operations.
The company follows a technology-driven business model that combines software development, implementation, customisation, maintenance, and customer support services. Continuous investment in cloud technology, product enhancement, and innovation enables the company to deliver scalable solutions that address the evolving digital requirements of its customers.
India’s enterprise software and Software-as-a-Service (SaaS) industry continues to expand as businesses increasingly adopt cloud computing, automation, artificial intelligence, and digital business management solutions. Growing investments in digital infrastructure, rising technology adoption, and the increasing need for operational efficiency are expected to create long-term opportunities for companies operating in this sector.
Before investing in the IPO, investors should carefully evaluate the company’s financial performance, technology capabilities, customer base, product portfolio, competitive strengths, valuation, and future growth strategy while considering the risks associated with the software industry.
Mobilise App IPO Details
| IPO Details | Information |
|---|---|
| IPO Name | Mobilise App IPO |
| Company Name | Mobilise App Lab Limited |
| IPO Type | Book Built Issue |
| IPO Category | SME IPO |
| Face Value | ₹10 Per Equity Share |
| Issue Price | ₹80 Per Share |
| Price Band | ₹75 to ₹80 Per Share |
| Issue Size | ₹20.10 Crore |
| Fresh Issue | 25,12,000 Equity Shares |
| Offer for Sale | Nil |
| Lot Size | 1,600 Shares |
| IPO Open Date | 23 February 2026 |
| IPO Close Date | 25 February 2026 |
| Basis of Allotment | 26 February 2026 |
| Refund Initiation | 27 February 2026 |
| Shares Credited to Demat Account | 27 February 2026 |
| Listing Date | 2 March 2026 |
| Listing Exchange | NSE SME |
| Registrar | Bigshare Services Private Limited |
| Book Running Lead Manager | Narnolia Financial Services Limited |
The IPO consists entirely of a fresh issue of equity shares. The company intends to utilise the proceeds for product development, technology enhancement, business expansion, working capital requirements, and general corporate purposes. These investments are expected to strengthen operational capabilities and support the company’s long-term growth plans.
Mobilise App IPO Dates
The Mobilise App IPO follows the standard SME book-building process. After the subscription period closes, the registrar finalises the basis of allotment, processes refunds for unsuccessful applicants, credits shares to successful investors’ demat accounts, and completes the listing on the NSE SME platform.
| IPO Event | Date |
|---|---|
| IPO Opening Date | 23 February 2026 |
| IPO Closing Date | 25 February 2026 |
| Basis of Allotment | 26 February 2026 |
| Refund Initiation | 27 February 2026 |
| Shares Credited to Demat Account | 27 February 2026 |
| Listing Date | 2 March 2026 |
Investors should keep track of these important dates to monitor the allotment process and the commencement of trading in the company’s equity shares.
Mobilise App IPO Reservation
The share allocation has been structured in accordance with the SEBI regulations applicable to SME Book Built public issues.
| Investor Category | Reservation |
|---|---|
| Qualified Institutional Buyers (QIB) | Up to 50% |
| Non-Institutional Investors (NII) | At least 15% |
| Retail Individual Investors (RII) | At least 35% |
The final allocation in each category depends on the valid bids received during the subscription period.
Mobilise App IPO Lot Size
| Application | Shares | Amount |
|---|---|---|
| Retail Minimum | 1 Lot (1,600 Shares) | ₹1,28,000 |
| Retail Maximum | 1 Lot (1,600 Shares) | ₹1,28,000 |
| HNI Minimum | 2 Lots (3,200 Shares) | ₹2,56,000 |
The application amount has been calculated using the upper issue price of ₹80 per equity share. Investors should verify the final application details before submitting their IPO applications.
About Mobilise App Lab Limited
Mobilise App Lab Limited is a technology company engaged in developing enterprise software solutions that help organisations digitise and automate their business operations. The company offers cloud-based software products and customised applications that improve workflow management, operational efficiency, and decision-making across multiple industries.
Its product portfolio includes enterprise resource planning (ERP) solutions, human resource management systems, asset management software, maintenance management platforms, inventory management solutions, and other business applications. These products are designed to help businesses manage day-to-day operations through a single integrated digital platform.
The company serves clients from sectors such as education, manufacturing, healthcare, logistics, infrastructure, and corporate enterprises. By combining software development expertise with implementation, customisation, maintenance, and technical support services, Mobilise App Lab Limited delivers end-to-end digital solutions that address diverse business requirements.
Business Operations
Mobilise App Lab Limited operates through a technology-driven business model focused on software development and digital transformation services.
- Enterprise Software Development – The company develops ERP and business management software for organisations across various industries.
- Cloud-Based SaaS Solutions – It offers subscription-based cloud software that enables customers to access applications securely from multiple locations.
- Business Process Automation – The company’s software helps automate finance, procurement, inventory, human resources, maintenance, and operational workflows.
- Custom Software Development – It provides customised software solutions designed according to specific customer requirements.
- Implementation & Technical Support – The company assists clients with software deployment, integration, training, maintenance, and ongoing technical support.
- Technology Innovation – Continuous investment in cloud computing, artificial intelligence, analytics, and product enhancement supports the development of advanced business solutions.
Industry Overview
India’s enterprise software and Software-as-a-Service (SaaS) industry has experienced rapid growth as organisations increasingly adopt digital technologies to improve efficiency and productivity. Businesses across manufacturing, healthcare, education, logistics, retail, and financial services continue to invest in cloud-based software, automation, and data-driven decision-making tools.
Growing internet penetration, increasing adoption of cloud infrastructure, expansion of digital businesses, and government initiatives supporting digital transformation are creating favourable opportunities for software companies. Organisations are increasingly replacing traditional systems with integrated cloud-based platforms that provide better scalability, security, and operational flexibility.
The continued adoption of artificial intelligence, automation, data analytics, and enterprise software solutions is expected to support long-term growth for companies operating in the SaaS and business software industry.
Business Strategy
Mobilise App Lab Limited aims to strengthen its position in the enterprise software market by expanding its product portfolio, improving technology capabilities, and increasing its customer base.
The company plans to invest in product development, cloud technologies, artificial intelligence, and software innovation to deliver more advanced digital solutions. It also intends to expand into new industry segments while strengthening relationships with existing customers through customised software offerings and long-term service support.
Another key strategic priority is increasing recurring revenue through subscription-based SaaS products while enhancing implementation and support capabilities. The company also focuses on improving operational efficiency and scaling its technology infrastructure to support future business growth.
By combining software expertise, continuous innovation, customer-focused solutions, and technology-driven operations, Mobilise App Lab Limited aims to achieve sustainable long-term growth in India’s expanding enterprise software and SaaS industry.
Mobilise App IPO Financial Information
The financial performance of Mobilise App Lab Limited reflects the company’s growth in revenue, profitability, and overall business operations over recent financial years. Investors should evaluate these financial results along with the company’s technology capabilities, recurring revenue model, customer base, and future expansion plans before making an investment decision.
Mobilise App Financial Summary
| Particulars | FY2023 | FY2024 | FY2025 |
|---|---|---|---|
| Revenue from Operations | ₹18.42 Crore | ₹26.78 Crore | ₹39.63 Crore |
| Total Income | ₹18.68 Crore | ₹27.14 Crore | ₹40.08 Crore |
| EBITDA | ₹5.12 Crore | ₹8.04 Crore | ₹12.46 Crore |
| Profit Before Tax (PBT) | ₹3.91 Crore | ₹6.36 Crore | ₹10.18 Crore |
| Profit After Tax (PAT) | ₹2.92 Crore | ₹4.76 Crore | ₹7.61 Crore |
| Net Worth | ₹12.81 Crore | ₹17.96 Crore | ₹25.42 Crore |
| Total Borrowings | ₹2.38 Crore | ₹2.84 Crore | ₹3.21 Crore |
The company has reported consistent growth in revenue and profitability during the last three financial years. The improvement has been supported by increasing demand for enterprise software solutions, expansion of its customer base, and growth in subscription-based software services.
Mobilise App IPO Key Performance Indicators (KPIs)
The following key performance indicators provide an overview of the company’s profitability, operational efficiency, and financial position.
| KPI | Value |
|---|---|
| Return on Equity (ROE) | 32.14% |
| Return on Capital Employed (ROCE) | 35.26% |
| Return on Net Worth (RONW) | 29.93% |
| EBITDA Margin | 31.09% |
| PAT Margin | 18.98% |
| Debt-to-Equity Ratio | 0.13 |
| Earnings Per Share (EPS) | ₹6.84 |
| Net Asset Value (NAV) Per Share | ₹22.86 |
| Price to Earnings (P/E) | 11.70x |
The financial indicators suggest healthy profitability, efficient capital utilisation, and a relatively low debt position. Investors should assess these metrics together with the company’s valuation, competitive strengths, and long-term growth prospects.
Objects of the Mobilise App IPO
According to the Red Herring Prospectus, the company proposes to utilise the net proceeds from the fresh issue for the following purposes:
- Investment in product development and technology enhancement.
- Funding business expansion initiatives.
- Meeting working capital requirements.
- Strengthening sales and marketing activities.
- General corporate purposes.
The proposed utilisation of IPO proceeds is expected to enhance the company’s software capabilities, support customer acquisition, improve operational efficiency, and strengthen its long-term growth strategy.
Mobilise App IPO Listing Performance
The listing performance of an IPO indicates how the company’s shares performed when they were listed on the stock exchange. Since Mobilise App IPO has already completed its listing process, investors can compare the listing price with the issue price to understand the market’s initial response.
| Particular | Details |
|---|---|
| Listing Exchange | NSE SME |
| Listing Date | 2 March 2026 |
| Issue Price | ₹80 Per Share |
| Listing Price | ₹84 Per Share |
| Listing Gain | ₹4 Per Share |
| Listing Gain (%) | 5.00% |
The IPO listed at a premium to its issue price, indicating positive investor participation on the listing day. However, investors should focus on the company’s long-term business performance and financial fundamentals rather than short-term listing gains.
Mobilise App IPO Subscription Status
The subscription status reflects the level of investor participation received during the IPO bidding period. Mobilise App IPO witnessed healthy demand from qualified institutional buyers, non-institutional investors, and retail investors.
Mobilise App IPO Subscription
| Investor Category | Subscription |
|---|---|
| Qualified Institutional Buyers (QIB) | 29.84x |
| Non-Institutional Investors (NII) | 81.53x |
| Retail Individual Investors (RII) | 54.76x |
| Total Subscription | 49.62x |
The healthy subscription across all investor categories reflected positive market sentiment towards the company’s technology-driven business model and future growth potential.
Mobilise App IPO Review
Mobilise App Lab Limited operates in India’s growing enterprise software and SaaS industry by providing cloud-based business management solutions to organisations across multiple sectors. Its product portfolio includes ERP software, asset management systems, HR management solutions, maintenance platforms, and customised enterprise applications that help customers improve operational efficiency through digital transformation.
The company’s focus on software innovation, cloud technology, subscription-based revenue, and long-term customer relationships provides a strong foundation for future growth. Increasing adoption of enterprise software, automation, cloud computing, and digital business management solutions is expected to create favourable long-term opportunities for companies operating in this segment.
At the same time, the company operates in a competitive technology industry where continuous product development, rapid technological changes, cybersecurity requirements, and customer retention remain important business challenges. Competition from established software providers and changing customer requirements may also influence future performance.
Overall, Mobilise App Lab Limited operates in an industry supported by long-term digital transformation trends. Investors should evaluate the company’s financial performance, product capabilities, valuation, competitive position, and future business strategy before making an investment decision.
Mobilise App IPO Strengths
Mobilise App Lab Limited has developed several competitive strengths that support its long-term business growth.
- Diversified Enterprise Software Portfolio – The company offers ERP, HR management, asset management, maintenance management, and other business software solutions.
- Cloud-Based SaaS Business Model – Subscription-based software services provide recurring revenue opportunities and long-term customer relationships.
- Technology-Driven Operations – Continuous investment in cloud computing, artificial intelligence, and product innovation strengthens the company’s offerings.
- Presence Across Multiple Industries – The company serves customers from education, manufacturing, healthcare, logistics, infrastructure, and corporate sectors.
- Integrated Software Services – In addition to software development, the company provides implementation, customisation, training, and technical support services.
- Experienced Management Team – The leadership team has experience in software development, enterprise technology, and business management.
Mobilise App IPO Risk Factors
Like other companies operating in the software industry, Mobilise App Lab Limited is exposed to several business and operational risks.
- Rapid Technological Changes – Continuous innovation is necessary to remain competitive in the evolving enterprise software market.
- Intense Industry Competition – The company competes with domestic and international software developers and SaaS providers.
- Cybersecurity Risks – Software platforms may face cybersecurity threats, data breaches, or system vulnerabilities.
- Customer Retention Risk – Failure to retain existing customers or acquire new clients could affect recurring revenue.
- Dependence on Skilled Professionals – The business relies on experienced software developers and technology professionals.
- Implementation & Project Execution Risk – Delays in software implementation or project delivery could impact customer satisfaction and future business opportunities.
Investors should consider these strengths and risk factors together with the company’s financial performance, valuation, business strategy, and long-term industry outlook before investing in the IPO.
Mobilise App IPO Promoters
Mobilise App Lab Limited is promoted by professionals with experience in enterprise software development, information technology, and business management. The promoters have been instrumental in developing the company’s software products, expanding its customer base, and strengthening its presence in the enterprise SaaS market. Their focus remains on product innovation, technology advancement, customer acquisition, and sustainable business growth.
Mobilise App IPO Promoters Details
| Promoter | Designation |
|---|---|
| Sandeep Patel | Promoter |
| Jignesh Patel | Promoter |
Mobilise App IPO Management Team
The company is managed by professionals with expertise in software development, finance, technology, operations, sales, and corporate governance. The management team is responsible for product development, business expansion, customer support, and strategic decision-making.
| Name | Designation |
|---|---|
| Sandeep Patel | Chairman & Managing Director |
| Jignesh Patel | Whole-time Director |
| Amit Shah | Independent Director |
| Ketan Desai | Independent Director |
| Mehul Patel | Independent Director |
| Rakesh Shah | Chief Financial Officer |
| Pooja Patel | Company Secretary & Compliance Officer |
Mobilise App IPO Registrar Details
The registrar to the issue is responsible for processing IPO applications, finalising the basis of allotment, initiating refunds, crediting equity shares to successful applicants’ demat accounts, and resolving investor-related queries.
| Particular | Details |
|---|---|
| Registrar Name | Bigshare Services Private Limited |
| Website | www.bigshareonline.com |
| IPO Allotment Status | https://ipo.bigshareonline.com/IPO_Status.html |
| Email ID | [email protected] |
| Contact Number | +91-22-6263 8200 |
Mobilise App IPO Lead Manager Details
The Book Running Lead Manager managed the public issue, coordinated regulatory compliance, and assisted the company throughout the IPO process.
| Particular | Details |
|---|---|
| Lead Manager | Narnolia Financial Services Limited |
| Website | www.narnolia.com |
| Email ID | [email protected] |
| Contact Number | +91-33-4050 7000 |
Mobilise App Lab Limited Contact Details
| Particular | Details |
|---|---|
| Company Name | Mobilise App Lab Limited |
| Registered Office | Ahmedabad, Gujarat, India |
| Website | www.mobilise.co.in |
| Email ID | [email protected] |
How to Check Mobilise App IPO Allotment Status
Applicants can check their IPO allotment status after the basis of allotment is finalised through the registrar’s website or the NSE IPO portal.
Through Bigshare Services Private Limited
- Visit the official IPO allotment portal of Bigshare Services Private Limited.
- Select Mobilise App IPO from the list of available IPOs.
- Choose any one of the available search options such as Application Number, PAN, or DP/Client ID.
- Enter the required details.
- Click Submit to view your allotment status.
Through NSE
- Visit the official NSE IPO allotment page.
- Select Mobilise App IPO from the issue list.
- Enter your Application Number, PAN, or DP/Client ID.
- Complete the verification process, if required.
- Click Search to check your allotment status.
Frequently Asked Questions (FAQs)
What is Mobilise App IPO?
Mobilise App IPO is a Book Built SME public issue of Mobilise App Lab Limited comprising a fresh issue of equity shares.
What is the issue price of the Mobilise App IPO?
The issue price of the IPO is ₹80 per equity share.
What is the price band of the Mobilise App IPO?
The price band is ₹75 to ₹80 per equity share.
When did the Mobilise App IPO open and close?
The IPO opened on 23 February 2026 and closed on 25 February 2026.
What is the total issue size of the Mobilise App IPO?
The total issue size of the IPO is approximately ₹20.10 crore.
What is the minimum lot size for the Mobilise App IPO?
Retail investors could apply for a minimum of 1 lot comprising 1,600 equity shares.
Where are Mobilise App shares listed?
The company’s equity shares are listed on the NSE SME platform.
Who is the registrar for the Mobilise App IPO?
Bigshare Services Private Limited is the official registrar to the issue.
Who is the Book Running Lead Manager for the Mobilise App IPO?
Narnolia Financial Services Limited is the Book Running Lead Manager.
What are the objects of the Mobilise App IPO?
The company proposes to utilise the IPO proceeds for product development, technology enhancement, business expansion, working capital requirements, sales and marketing initiatives, and general corporate purposes.
