Mobilise App Lab Ltd is a player in the rapidly growing IT products & digital transformation industry in India, expanding at 20-25% every year to reach a $50 Bn market size by 2030, driven by enterprise SaaS adoption, AI/IoT integration, and SME digitization. The company was founded in 2012 and is based in Mumbai, offering scalable IT solutions such as facility/asset management, HRMS, supply chain ERP, school/university management, SSO, AI studio, and IoT apps.
Mobilise App Lab is a developer of enterprise software products with expertise in integrated platforms for facility management, HR, supply chain, education ERP, and new AI/IoT solutions. The company has a contemporary development environment that enables customized solutions for local customers, leveraging internal expertise and cloud scalability.
The company's key strengths lie in tech-enabled product development, a broad SaaS offering, potential for recurring revenue streams through subscription/maintenance services, and geographical expansion through IPO-funded hiring & marketing, making it a strong competitor in the fragmented IT services market.
FY25 revenue has shown acceleration with profit visibility; ₹20.10 Cr NSE SME IPO (25.12 lakh shares at ₹10 FV) in ₹75-80 price band (lot size 1,600 shares ≈ ₹1.28 lakh min; retail 2 lots ₹2.56 lakh). Opens Feb 23-25, 2026, allotment Feb 26, listing March 2, 2026 on NSE SME.
Mobilise App IPO Details:
Mobilise App Issue Management:
Corporate Capital Ventures Ltd acts as the book-running lead manager for Mobilise App SME IPO, managing underwriting and compliance.
Mobilise App IPO RTA (Registrar) Details:
Bigshare Services handles allotment, refunds, and demat credits—contact at 91-22-6263 8200 or ipo@bigshareonline.com.
Mobilise App IPO Allotment Status:
To check your IPO allotment status:
Visit the Bigshare Services IPO Application Status page.
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Action Links:
To apply for Mobilise App IPO, open a demat account here
Mobilise App IPO Subscription Status: Check live subscription here
Mobilise App IPO GMP Update: Check latest grey market premium here
Mobilise App Lab Ltd, formed in 2012 & headquartered in Mumbai, offers scalable SaaS solutions for facility/asset management, HRMS, supply chain ERP, education platforms, SSO, AI studio, & IoT apps—meeting the requirements of enterprise digitization.
Utilizes contemporary dev infrastructure, cloud-based architecture, and in-house expertise for customized implementation; key strengths include product development, subscription-based revenue streams, and SME-oriented expansion.
Pre-IPO performance: FY25 revenue growth, ROCE of 75.4%, and clear PAT visibility. ₹18.84-20.10 Cr NSE SME IPO (25.12L equity shares @ ₹10 FV) priced at ₹75-80 band (lot size of 1,600 shares ≈ ₹1.28L minimum investment; retail 2 lots = ₹2.56L). Opens on Feb 23-25, 2026, allotment on 26th Feb and listing on 02nd Mar 2026.
Mobilise App Lab Ltd IPO: ₹18.84-20.10 Cr (25.12 lakh shares @ ₹10 FV): 100% fresh issue (no OFS).
Mobilise App IPO proceeds will be deployed towards the following objectives:
Mobilise App Lab NSE SME IPO reserves 25.12 lakh shares per SEBI norms.
The Anchor bidding opens February 20, 2026 (~28.41% of QIB portion = 7.14 lakh shares).
Lock-in: 50% for 30 days, 50% for 90 days per SEBI norms. as per SEBI SME guidelines.
The anchor allocation document filed right before issue opens will list specific anchor investor names via registrar Bigshare Services Pvt Ltd.
According to DRHP/RHP reports, Mobilise App Lab Ltd posted robust FY25 financials. Revenue grew ~34% YoY to ₹16.24 Cr, PAT surged ~52% to ₹4.71 Cr (29% margin), ROE reached 57%, ROCE strong, and EBITDA margin expanded to 42.6% (₹6.92 Cr). Growth driven by SaaS subscriptions, ERP/HRMS demand across healthcare/education/F&B, low-debt model (D/E 0.02x), and product scalability (HRevO/OpsSuite).
The important risks and strengths of Mobilise App IPO are mentioned below:
Strengths:
Scalability in SaaS business with recurring revenues: High-margin business (EBITDA margin of 42.6-48.3%) due to subscription revenues from OpsSuite, HRevO HRMS, EduPro ERP, SCMPro, AI/IoT offerings.
Diversified industry presence: Catering to healthcare, F&B, education sectors with integrated solutions; low debt (D/E ratio of 0.02x) helps in expansion.
Outstanding profitability ratios: ROE of 57%, PAT of ₹4.71 Cr on ₹16.24 Cr revenue, up 34% YoY; latest tech infrastructure (Azure, responsive design).
Innovation focus: Cloud-based, customizable enterprise software with strong technical support and multi-industry applicability.
Risks
Client concentration risk: Excessive reliance on the top 10 clients for a large share of revenues.
Product dependence: Earns most of the revenue from a single flagship product (HRevO HRMS), making diversification difficult.
Geographic concentration: Has historically generated sales mostly from the state of Maharashtra, which is susceptible to a regional downturn.
High competition: Competes with local Indian SME tech companies and international SaaS leaders in the highly competitive ERP/HRMS space.
DRHP/RHP documents establish Mobilise App Lab Ltd's FY25 robustness with revenue of ₹16.24 Cr (up 34% YoY), PAT of ₹4.71 Cr (margin of 29%, up 52% YoY), ROE of 57%, ROCE of 75.4%, and P/E ratio of ~14-15x after the issue, which is very attractive compared to other SaaS companies such as Zensar Tech (P/E of ~25x) or Mastek (P/E of 20x).
The integrated SaaS platform business model (OpsSuite ERP, HRevO HRMS, EduPro, SCMPro, AI/IoT apps) caters to the healthcare, food, and education industries with cloud scalability, subscription-based revenue (EBITDA of 42.6%), debt-free business (D/E ratio of 0.02x), and a focus on domestic growth.
The ₹20.10 Cr NSE SME IPO at ₹80 upper band trades at 1.24x sales/14.2x EPS post-issue. Exceptional ROE/ROCE (57%/75%), 96% promoter stake (diluting to ~75%), and product development funding outweigh client concentration risks for strong listing gains.
Investors are advised to exercise discretion and refer to the full DRHP/RHP document before reaching any investment decision. This analysis is for informative purposes and not investment advice.
Action Links:
To apply for Mobilise App IPO, open a demat account here
Mobilise App IPO Subscription Status: Check live subscription here
Mobilise App IPO GMP Update: Check latest grey market premium here
1. What is the Mobilise App IPO open and close date?
The Mobilise App Lab NSE SME IPO opens February 23, 2026 and closes February 25, 2026.
Track Mobilise App IPO subscription status live here from Finnpick.
2. What is the Mobilise App IPO price band and lot size?
The IPO price band ₹75-80 per share (FV ₹10), lot size 1600 shares (retail min ₹1.28 lakh @ upper band; max 2 lots ₹2.56 lakh).
3. What is Mobilise App IPO total size?
The Mobilise App IPO Total size ₹20.10 Cr (25.12 lakh shares): 100% fresh issue (no OFS)—funding product development & expansion.
4. How to apply for the Mobilise App IPO?
Open a demat here (Zerodha/Upstox/AngelOne) or ASBA by Feb 25, 4 PM. Monitor Mobilise App IPO subscription tracker here.
5. How to check Mobilise App IPO Allotment Status?
The allotment date is on Feb 26th and can be checked on Bigshare Services Ltd portal RTA portal using PAN/DP ID.
6. What is Mobilise App IPO GMP today and subscription status?
Current Grey Market Premium (GMP) stands at ₹11 (+14%) as of Feb 17, indicating listing at the price range of ₹91—check daily updates of Mobilise App IPO GMP trends here and live subscription status here from Feb 16th opening only on Finnpick.
7. What does Mobilise App specialize in?
Mobilise App Lab develops enterprise SaaS products (OpsSuite ERP, HRevO HRMS, EduPro, SCMPro, AI/IoT) for facility mgmt, HR, supply chain, education—serving healthcare/F&B/education sectors.
8. When is the Mobilise App IPO listing date?
The Mobilise App Ltd IPO lists on 02nd March, 2026 on NSE SME (~T+3 post-allotment Feb 26).
9. What are the Mobilise App IPO proceeds utilization details?
The Mobilise App IPO Fresh issue proceeds (~₹20 Cr): Product development (₹5.54 Cr hiring), business dev/marketing (₹3.03 Cr), infrastructure (₹5.47 Cr), general purposes (balance).
