Mobilise App Lab Limited IPO

Established in 2012, Mobilise App Lab Limited is a technology-driven company providing scalable, secure IT solutions to optimize business operations and drive digital transformations. The company offers enterprise solutions like ERP for schools and universities, HRMS, supply chain management, IoT solutions, and AI studio platforms. Its cloud solutions are built to increase efficiency, automation and decision-making. With a skilled team, focus on innovation and long-term customer success, Mobilise brings high-quality tailored solutions to organisations across sectors, fostering sustainable growth. The company has 95 employees.

Mobilise App Lab Limited IPO Overview

Mobilise App IPO is a book build issue of ₹20.10 crores. The issue is entirely a fresh issue of 0.25 crore shares of ₹20.10 crore. Mobilise App IPO opens for subscription on Feb 23, 2026 and closes on Feb 25, 2026. The allotment for the Mobilise App IPO is expected to be finalized on Feb 26, 2026. Mobilise App IPO will list on NSE SME with a tentative listing date fixed as Mar 2, 2026. Mobilise App IPO price band is set at ₹75 to ₹80 per share. The lot size for an application is 1,600. The minimum amount of investment required by an individual investor (retail) is ₹2,56,000 (3,200 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (4,800 shares), amounting to ₹3,84,000. Corporate Capitalventures Pvt.Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is SS Corporate Securities Ltd.

Mobilise App Lab Limited IPO Details

Particulars	Details
IPO Date	23 to 25 February 2026
Listing Date	2 March 2026
Face Value	₹10 per share
Price Band	₹75 to ₹80 per share
Lot Size	2 Lot (3,200 Shares)
Total Issue Size	25,12,000 shares (up to ₹20.10 Cr)
Fresh Issue	25,12,000 shares (up to ₹20.10 Cr)
Offer for Sale	NA
Issue Type	Bookbuilding IPO
Listing At	NSE SME
Share Holding Pre Issue	70,00,000 shares
Share Holding Post Issue	95,12,000 shares
Market Maker Portion	1,26,400 shares

Mobilise App Lab Limited IPO Reservation

Investor Category	Shares Offered
Market Maker	1,26,400 (5.03%)
QIB	11,90,400 (47.39%)
− Anchor Investor	7,13,600 (28.41%)
− QIB (Ex. Anchor)	4,76,800 (18.98%)
NII (HNI)	3,60,000 (14.33%)
Retail	8,35,200 (33.25%)
Total	25,12,000 (100%)

Mobilise App Lab Limited IPO Lot Size

Application	Lots	Shares	Amount
Retail (Min)	2	3,200	₹2,56,000
Retail (Max)	2	3,200	₹2,56,000
S-HNI (Min)	3	4,800	₹3,84,000
S-HNI (Max)	7	11,200	₹8,96,000
B-HNI (Min)	8	12,800	₹10,24,000

Mobilise App Lab Limited IPO Promoter Holding

Shareholding Status	Percentage
Pre-Issue	96.00%
Post-Issue	70.65%

Mobilise App Lab Limited IPO Valuation Overview

KPI	Value
EPS Rs	6.73 (Pre-IPO), 5.63 (Post-IPO)
P/E (x)	11.88 (Pre-IPO), 14.22 (Post-IPO)
ROCE	45.65%
Debt/Equity	0.02
RoNW	33.27%
PAT Margin	30.32%
EBITDA Margin	48.34%
Price to Book Value	1.94

Objectives of the Proceeds

Particulars	Amount
Funding product development and talent hiring	₹5.54 Cr
Funding business development and marketing activities	₹3.03 Cr
Funding infrastructure development	₹5.47 Cr
General corporate purposes	amount not specified

Key Financials (in ₹ Crore)

Particulars	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
Reserves and Surplus	5.06	6.26	3.58	–
Total Borrowing	0.19	0.11	0.35	0.06

IPO Strengths

1. Promoters possess extensive experience and strong industry expertise in IT and software solutions.

2. Long-standing client relationships ensure consistent business and repeat orders.

3. Tailored, scalable solutions across ERP, HRMS, SCM, IoT, and AI platforms.

4. Quality certifications and process standards support credibility and operational efficiency.

5. Diversified product portfolio and expansion into digital transformation services enhances growth potential.

6. Participation in multiple industry verticals reduces dependency on a single market segment.

Peer Comparison

Company Name	EPS (Basic)	EPS (Diluted)	NAV (₹ per share)	P/E (x)	RoNW (%)	P/BV Ratio
Mobilise App Lab Ltd.	262.96	262.96	41.30	–	57.05	–
Unicommerce Esolutions Limited	1.97	1.94	8.98	67.28	23.64	16.25
Iris Business Services Limited	6.28	6.17	37.79	61.53	16.00	10.24