Mobilise App IPO
Market Sentiment
Market Lot Size
IPO Details
IPO Reservation
Financial Analysis
| Metric | 2023 | 2024 | 2025 | Dec 2025 |
|---|---|---|---|---|
| Revenue | 7.12 | 12.13 | 16.24 | 13.53 |
| Expense | 4.69 | 7.95 | 9.93 | 7.97 |
| Profit (PAT) | 1.76 | 3.10 | 4.71 | 4.01 |
| Total Assets | 3.39 | 6.50 | 11.92 | 15.84 |
| Company | P/E | EPS | Market Cap (Cr) |
|---|---|---|---|
| Unicommerce Solutions Ltd | 67.28 | 1.97 | 24 |
| IRIS Business Services Ltd | 61.53 | 6.28 | 16 |
Promoters: Mr. Ashish Sharma, Mrs. Smriti Sharma and Dr. Manish Sharma
| Shareholding | No. of Shares | Holding % |
|---|---|---|
| Promoter Holding Pre Issue | 70,00,000 | 6.73% |
| Promoter Holding Post Issue | 95,12,000 | 5.63% |
Company Information
Founded in 2013, Mobilise App Lab Limited is a SaaS and IT solutions provider that offers digital platforms to streamline and manage daily tasks. The firm started its business with the software EduPro ERP that helps schools, colleges, and training institutes to manage admissions, attendance, fees, exams, transport, and academic activities. Since then, the firm has launched software solutions such as CMMS, SCMPro ERP, ERP solution for Human Resources HRevO, EduPro, school & university ERP, single sign-on (SSO), AI studio, and IoT applications. Mobilise App Lab is known to provide modern, scalable, and secure IT products to businesses in order to run their operations smoothly. The main pillar of the company is its skilled team, who have expertise in modern technologies like Angular, React, Laravel, Node.js, Python, PHP, and .NET. Cloud and DevOps engineers to meet the client’s requirements.
| Purpose | Amount (Cr) |
|---|---|
| Funding requirement in product development through talent hiring for the company | 5.54 |
| Funding requirement toward business development and marketing activities aimed at driving the organization’s expansion across domestic markets | 3.03 |
| Funding towards the infrastructure of the company | 5.47 |
| General Corporate Purposes | - |
Resources & Documents
Mobilise App Lab Ltd., 62-B,HSIDC,Sector-31,, Faridabad, Haryana, 121002
Mobilise App has set a price band of Rs 75–Rs 80 per share for an issue size of Rs 20 crore. The stock listed with a 19.88% discount versus its issue price on March 02, 2026.
Founded in 2013, Mobilise App Lab Limited is a SaaS and IT solutions provider that offers digital platforms to streamline and manage daily tasks. The firm started its business with the software EduPro ERP that helps schools, colleges, and training institutes to manage admissions, attendance, fees, exams, transport, and academic activities.
The issue is promoted by Mr. Ashish Sharma, Mrs. Smriti Sharma and Dr. Manish Sharma with Corporate Capitalventures Pvt.Ltd. acting as lead manager. Net proceeds will primarily be used towards Funding requirement in product development through talent hiring for the company (Rs 6 crore) and Funding requirement toward business development and marketing activities aimed at driving the organization’s expansion a… (Rs 3 crore).
Grey market is quoting a premium of +Rs 7 (+8.8% over issue price). Final subscription data records overall subscription at 30.15x, retail at 35.84x, QIB at 1.33x, NII at 55.11x.
On fundamentals, the company is posting revenue growth of 33.9%, a profit margin of 29.0%, return on equity of 57.1% in its most recent reported period. Listed peers in this segment include Unicommerce Solutions Ltd (P/E 67.28x, market cap Rs 24 crore) and IRIS Business Services Ltd (P/E 61.53x, market cap Rs 16 crore) — useful reference points when evaluating the issue's pricing relative to where the broader sector are trading.
Our data-driven engine currently flags this issue as a Neutral stance — the data is mixed and the risk-reward is balanced rather than one-sided. Past performance does not predict future returns — review the price chart and peer comparison below before trading.
Understanding Grey Market Premium (GMP)
The Grey Market Premium (GMP) is an unofficial indicator of how an IPO's shares are trading in the grey market before they are officially listed on a stock exchange. It reflects investor sentiment and demand for the IPO shares ahead of listing day.
How does it work? The grey market is an informal, over-the-counter market where investors buy and sell IPO shares before the official listing date. If an IPO has a positive GMP, it suggests that investors expect the stock to list above its issue price. A negative GMP indicates expectations of a listing below the issue price.
Example: If an IPO has an issue price of ₹100 and the GMP is ₹50, the expected listing price would be approximately ₹150 (issue price + GMP). This translates to an estimated listing gain of 50%.
Factors that influence GMP:
- Subscription levels — Higher subscription typically drives GMP up
- Market conditions — Bullish markets tend to boost GMP across all IPOs
- Company fundamentals — Strong financials and growth potential attract premium
- Industry sentiment — Positive outlook for the sector can increase demand
- IPO pricing — Reasonably priced IPOs relative to peers tend to command higher GMP
Disclaimer: GMP is an unofficial metric from the grey market and is not regulated by SEBI or any stock exchange. GMP values fluctuate frequently and should not be the sole basis for investment decisions. Always consider company fundamentals, financial health, and your own risk appetite before investing in any IPO.
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