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Mobilise App Lab SME IPO

Mobilise App Lab IPO — date, price band, GMP & allotment 2026

Mobilise App Lab SME IPO opens on 23 February 2026 and closes on 25 February, with allotment on 26 February and listing on NSE SME on 2 March. Founded in 2013, the Haryana-based SaaS firm, headquartered in Faridabad, delivers cloud-first modular software like HRevO for HR, OpsSuite for assets, SCMPro for supply chain, and EduPro ERP for education, streamlining enterprise operations across India. Its business model focuses on scalable IT solutions with IoT, AI, and SSO integrations for SMEs and institutions, driving growth via product innovation and domestic expansion.

Stock price

Mobilise App Lab is listed — here is the live share price.

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The verdict
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78 / 100 · 2 reviews
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Grey market premium
₹4
+5% over ₹80 issue price
GMP history →
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Overall, across all categories
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Minimum to apply
₹2,56,000
2 lots · 3200 shares at ₹80
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Abhishek Vohera, Founder of IPO Guru Researched & reviewed by Abhishek Vohera, Founder, IPO Guru Last updated Figures sourced from the RHP, BSE & NSE

Timetable

Key dates from opening to listing. Today is 14 September.

Key dates Listed
  1. Open 23 Feb 2026
  2. Close 25 Feb 2026
  3. Allotment 26 Feb 2026
  4. Refund/credit 27 Feb 2026
  5. Listing 02 Mar 2026

Issue summary

The terms of the offer, as filed.

IPO Dates 23 to 25 Feb, 2026
Price Band ₹75 – ₹80
Face Value ₹10
Lot Size 1600 Shares
Issue Size ₹20.10 Cr. Cr
Sale Type Fresh issue
Listing On NSE SME
Registrar Bigshare Services Private Limited
Min Investment ₹ 2,56,000
Reservation
QIB 49.9%
NII 15.09%
Retail 35.01%

Share of the offer set aside for each investor category, as stated in the offer document.

What will it cost me?

Bidding is in multiples of 1600 shares at the ₹80 cut-off. The SME retail application is a fixed 2 lots; HNI starts at 3.

shares
lots lots
If it lists at today's grey market premium of ₹4
on
Grey market premium is an unofficial, unregulated indicator. It is not a forecast.
Application Lots Shares Amount
Retail (min) 2 3,200 ₹2,56,000
Retail (max) 2 3,200 ₹2,56,000
HNI (min) 3 4,800 ₹3,84,000

Three years of numbers

All figures in ₹ crore, as reported in the Mobilise App Lab offer document.

Total income
13.53
12
16
14
31 Mar 202431 Mar 202531 Dec 2025
Profit after tax
4.01
3
5
4
31 Mar 202431 Mar 202531 Dec 2025
EBITDA
6.40
4
7
6
31 Mar 202431 Mar 202531 Dec 2025
Borrowing vs net worth
0.19 / 12.06
31 Mar 202431 Mar 202531 Dec 2025
Borrowing Net worth
Metric 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

See how this IPO compares — view listing performance of all SME IPOs.

Valuation & key ratios

Ratios are for the latest full financial year reported in the Mobilise App Lab RHP. EPS and P/E are post-issue — the table below carries the pre-issue comparison.

P/E Ratio
14.22
EPS (₹)
5.63
RoCE
75.40%
RoNW
57.05%
PAT Margin
29.20%

Mobilise App Lab IPO Valuation

How the issue prices the company before and after the fresh shares are created.

Valuation Metric Post-Issue
EPS (₹) ₹5.63
P/E Ratio (x) 14.22
Market Cap at Offer Price (₹ Cr) ₹56.98

Pre-issue figures use the shareholding reported in the RHP; post-issue figures use the shareholding once the fresh issue has created new shares. The two differ because of that dilution and because post-issue earnings per share are often annualised, so the change can run in either direction. Market capitalisation is calculated at the ₹80 offer price. Compare the post-issue P/E against listed peers before deciding — a premium there is growth you are paying for in advance.

Where the money goes

₹14.04 Cr of the issue is earmarked to named objects.

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 organization’s expansion across domestic markets ₹3.03 Cr
Funding towards the infrastructure of the company ₹5.47 Cr
General Corporate Purposes Not stated

About the company

Mobilise App Lab is a technology-driven company focused on developing innovative digital solutions for businesses across various sectors. Established by a team of experienced promoters with backgrounds in software development and entrepreneurship, the company has steadily built its presence in the IT services space. Over the years, it has worked with startups as well as established enterprises, helping them enhance their digital capabilities and customer engagement through customised applications.

The company offers a range of services including mobile app development, web solutions, UI/UX design, and enterprise software support. Its business model revolves around providing end-to-end development services, from ideation to deployment and maintenance, ensuring long-term client relationships. Mobilise App Lab primarily caters to domestic clients while also exploring opportunities in international markets, focusing on scalable and cost-effective technology solutions.

Interested in this IPO? Check the live subscription status or browse all upcoming SME IPOs.

Promoters
Ashish Sharma, Smriti Sharma and Manish Sharma
Promoter holding
70,00,000 95,12,000
Pre-issue → post-issue
Registered office
62-B, HSIDC, Sector-31, Faridabad, Haryana, 121002
+91- 9289965136
Registrar

The bankers & the filings

Who is running the book, and the documents this page is built from.

Book-running lead manager
Corporate Makers Capital Ltd. View track record →

Lead Manager Track Record

How the book-running lead managers on this issue have priced their past IPOs, measured on listing day.

Listed in Profit 37.5% 3 of 8 listed
Avg Listing Gain +8% across 8 issues
Listed Below Issue 5 of 8 listed

Best listing: Kwick Forensic Solutions (+66.7%). Weakest: Fly-Hi Maritime Travels (-20.0%).

Listing gain compares the listing-day opening price with the issue price, using the IPOs on IPO Guru that this lead manager has taken to market. A strong record reflects how the banker has priced past issues — it is not a forecast for this one. See every issue they have handled on the lead managers page.

Company contact

Company
Mobilise App Lab
Email

Frequently asked

What is the GMP of Mobilise App Lab?

The current Grey Market Premium is ₹4, or 5% over the issue price.

What is the Mobilise App Lab IPO price band?

₹75 to ₹80, on a face value of ₹10.

When is the allotment?

The basis of allotment is 26 February 2026, with listing on 2 March 2026.

How do I check allotment status?

On the IPO Guru allotment page or on the registrar's site — Bigshare Services Private Limited.

Mobilise App Lab IPO

Every number here traces back to a filing.

IPO Guru tracks GMP, subscription and allotment for every SME and Mainboard issue. Every number on this page is sourced from the RHP, BSE & NSE.

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Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.

GMP
₹4
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Min bid
₹2,56,000
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