SME

IPO ·

NSE SME

Mobilise App Lab Ltd

Listed

Incorporated in 2012, Mobilise App Lab Limited is a technology-driven firm.

Issue details

Price band

₹75 – ₹80

Face value

₹10

Lot size

1,600 shares

Minimum investment

₹2,56,000

Issue size

₹20.10 Cr

Fresh issue

₹19.08 Cr

Offer for sale

—

Issue type

Book Built

Exchange

NSE SME

Key dates

Opens

23 Feb 2026

Closes

25 Feb 2026

UPI mandate cut-off

5:00 PM on 25 Feb 2026

Allotment

26 Feb 2026

Refunds

27 Feb 2026

Shares in demat

27 Feb 2026

Listing

2 Mar 2026

Subscription and listing

Subscription

70.29x

Listing price

₹64.10

Registrar

Bigshare Services Pvt Ltd

Lead manager

Corporate Capital Ventures

Subscription by category

Total

70.29x

Total applications

31,944

Anchor investors

Amount raised

₹5.71 Cr

Bid date

20 Feb 2026

50% lock-in ends

28 Mar 2026

Rest lock-in ends

27 May 2026

Listing day

Issue price

₹80

Open

₹64.10

High

₹67.30

Low

₹61.25

Day close

₹67.30

Listing gain at open

-19.88%

Issue structure

Shares reserved per category and share of the total issue

QIB Shares Offered

11,90,400

47.39%

Anchor Investor Shares Offered

7,13,600

28.41%

QIB (Ex. Anchor) Shares Offered

4,76,800

18.98%

NII Shares Offered

3,60,000

14.33%

bNII > ₹10L

2,40,000

9.55%

sNII < ₹10L

1,20,000

4.78%

Retail Shares Offered

8,35,200

33.25%

Market Maker Shares Offered

1,26,400

5.03%

Total Shares Offered

25,12,000

100.00%

Finaccle’s quick read

Apply

FY25 income up 34%, PAT up 52%, D/E 0.02, post-issue P/E 14.22x.

A rules-based screen of growth, margins, debt and valuation, built from the offer document and data on Chittorgarh.com. It is for information only and is not investment advice or a recommendation to buy or sell. Read the RHP and speak to a SEBI-registered adviser before you apply.

About the company

Incorporated in 2012, Mobilise App Lab Limited is a technology-driven firm. The company specialises in delivering innovative, scalable, and secure IT products that streamline business operations and foster digital transformation across industries. The company offers a diverse portfolio of enterprise solutions, including integrated facility & assets management, human resource management systems (HRMS), supply chain management, school & university ERP, single sign-on (SSO), AI studio, and IoT applications. Their cloud-based, process-oriented platforms are designed to enhance efficiency, automation, and decision-making.

Founded

2012

2012

Promoters

Ashish Sharma,

Ashish Sharma,

Promoter holding

96% pre-issue; 70.65% post-issue

96% pre-issue; 70.65% post-issue

Financial performance

Restated figures in ₹ crore, latest period first

₹ crore, latest first. Full table on desktop.

Period

Total income

Income

EBITDA

PAT

Net worth

Borrowings

Debt

Assets

Dec 2025

Dec 2025

13.53

13.53

6.40

4.01

4.01

12.06

0.19

0.19

15.84

FY25

FY25

16.24

16.24

6.92

4.71

4.71

8.26

0.11

0.11

11.92

FY24

FY24

12.13

12.13

4.38

3.10

3.10

3.58

0.35

0.35

6.50

FY23

FY23

7.12

7.12

2.30

1.76

1.76

2.07

0.06

0.06

3.39

ROE

—

ROCE

45.65%

Debt / equity

0.02

PAT margin

30.32%

P/E post issue

14.22

Market cap

₹76.10 Cr

Use of IPO money

Funding requirement in product development through talent hiring for the company

₹5.54 Cr

Funding requirement toward business development and marketing activities aimed at driving the organizations expansion across domestic markets

₹3.03 Cr

Funding towards the infrastructure of the company

₹5.47 Cr

General Corporate Purposes

₹3.01 Cr

Issue Expenses

₹3.04 Cr

Strengths

✓

Revenue up 34% in FY25 to ₹16.24 Cr

✓

PAT up 52% in FY25 to ₹4.71 Cr

✓

PAT margin of 30.32%

✓

Moderate leverage: debt to equity 0.02

Risks to watch

!

SME platform: large lot size and thinner trading liquidity

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Last updated:

Information is compiled from exchange notices and the company’s offer document. It is for general information only and is not investment advice or a recommendation to apply. Read the prospectus before investing.