Mobilise App IPO

Listed SME
Min Investment
₹2,56,000
3200 Shares
Min Investment
₹2,56,000 · 3200 Shares
Open Feb 23
Close Feb 25
Allotment Feb 26
Refund Feb 27
Listing Mar 02
Price Band ₹75–80
Lot Size 3200 shares
Issue Size ₹20 Cr
Listed At ₹64.10 -19.9%
Subscribed 30.15×
Listed On NSE SME
Listing Price
₹64.10 (-19.88%)
vs issue price
Current Price (NSE)
₹98.35 (+22.94%)
as of 29 Sept, 3:15 pm IST

Market Sentiment

Grey Market Premium What is GMP?
+₹7
+8.8%
Est. Listing: ₹87
Updated: Feb 26, 2026 12:00 am
Subscription Status
QIB
1.33x
NII
55.11x
bNII (>10L)
57.84x
sNII (2-10L)
49.65x
Retail
35.84x
Total
30.15x
Updated: Mar 02, 2026 10:19 pm IST
Analysis Score 55 / 100
Mixed Signals
Data: 80%
GMP Score 53
Subscription Score 40
Financial Health 90
Score updates live as GMP/subscription change. For information only — not investment advice.

IPO Details

Price Band₹75–80 per equity share
Face Value₹10 Per Equity Share
Lot Size 3200 shares (Min 2 lots · ₹2,56,000)
Total Issue Size ₹20.00 crore
Fresh IssueEntire issue — no offer for sale, so all proceeds go to the company
Issue TypeBook Building Issue
Lead Manager Corporate Capitalventures Pvt.Ltd.
Registrar Bigshare Services Pvt. Ltd.
Listing atNSE SME
NSE SymbolMOBILISE
ISININE1YNB01019
Listing Price₹64.10
Listing Gain-19.88%

Market Lot Size

Category Lots Shares Amount (₹)
Retail Minimum 2 3,200 ₹2,56,000
Retail Maximum 2 3,200 ₹2,56,000
S-HNI Minimum 3 4,800 ₹3,84,000
S-HNI Maximum 7 11,200 ₹8,96,000
B-HNI Minimum 8 12,800 ₹10,24,000
Budget to Lots Calculator ▼
₹

IPO Reservation

Category Shares Offered Shares %
QIB4,76,80018.98%
NII (HNI)3,60,00014.33%
bNII > ₹10L2,40,0009.55%
sNII < ₹10L1,20,0004.78%
Retail8,35,20033.25%
Anchor7,13,60029.91%
Total23,85,600

Financial Analysis

Financial Data
ROE
57.05%
ROCE
75.40%
NAV/Share
₹41.30
Revenue Growth
33.88%
Profit Margin
29.00%
Financial Performance
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
Values in Crores (₹)
Peer Comparison
Company EPS P/E Market Cap (Cr)
Unicommerce Solutions Ltd 1.97 67.28 24
IRIS Business Services Ltd 6.28 61.53 16
Promoters & Holding Pattern

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%

Strengths & Risks

Strengths
  • Strongly subscribed — 30.2x overall (final).
  • Revenue grew 34% in the latest reported year.
  • Solid profit margin — 29.0%.
  • Strong return on equity — 57%.
Risks & Concerns
  • Promoter stake drops to 6% after the issue.
  • Lists on the exchange's SME platform, where trading is usually thinner than on the main board — selling at your price can be harder.

Compiled from this issue's live GMP, subscription, valuation and financial data, and updated as those figures change. Informational only — not investment advice. Always read the RHP before applying.

Company Information

About Mobilise App

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.

Company Contact Information

Mobilise App Lab Ltd., 62-B,HSIDC,Sector-31,, Faridabad, Haryana, 121002

Objects of the Issue
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

Anchor Investors
Anchor Bidding Date
February 20, 2026
Shares Offered to Anchors
7,13,600
Lock-in End (30 Days, 50%)
March 28, 2026
Lock-in End (90 Days, 50%)
May 27, 2026
Mobilise App IPO — Quick Take

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).

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.

On our data-signal score, the combined signals for this issue currently read mixed — some indicators read positively and others do not. This is a summary of public data, not a recommendation to apply or skip. Past performance does not predict future returns — review the price chart and peer comparison below before trading.

Frequently Asked Questions

The price band of Mobilise App IPO is Rs 75 to Rs 80 per share. Face value is Rs 10 per share.

The total issue size of Mobilise App IPO is Rs 20 crore, comprising fresh issue of Rs 20 crore.

Retail investors must apply for a minimum of 1 lot of 3200 shares, requiring an investment of Rs 2,56,000.

Mobilise App IPO opens for subscription on February 23, 2026 and closes on February 25, 2026. Anchor investor bidding is scheduled for February 20, 2026.

The expected allotment date for Mobilise App IPO is February 26, 2026. Refunds for unsuccessful applicants are expected on February 27, 2026.

Mobilise App IPO is scheduled to list on March 02, 2026 on NSE. BSE script code: –, NSE symbol: MOBILISE, ISIN: INE1YNB01019.

The current GMP (Grey Market Premium) of Mobilise App IPO is +Rs 7 (+8.8% over issue price). GMP is an unofficial grey market indicator and may change through the subscription window. See the GMP chart on this page for the full trend.

Mobilise App IPO is currently subscribed 30.15 times overall — retail at 35.84x, QIB at 1.33x, NII at 55.11x. Live subscription data updates multiple times per day on open-issue days.

Based on the current retail subscription of 35.84x for Mobilise App IPO, the estimated retail allotment probability is approximately 3.2%. This is a low probability — approximately 3 out of every 100 retail applications may receive allotment.

The registrar for Mobilise App IPO is Bigshare Services Pvt. Ltd.. After the allotment date, you can check your allotment status on the registrar's official website by entering your PAN, application number, or demat account details. Allotment status is also available on the BSE and NSE websites.

The book running lead manager(s) for Mobilise App IPO are Corporate Capitalventures Pvt.Ltd..

The promoter(s) of Mobilise App are Mr. Ashish Sharma, Mrs. Smriti Sharma and Dr. Manish Sharma.

Mobilise App IPO GMP — What It Means

GMP stops mattering once the shares trade — it only ever estimated the listing price. The summary at the top of this page compares the last pre-listing GMP with how the shares actually listed.

See the full Mobilise App GMP history and trend, or learn how grey market premium works and how reliable it is.

0 Comments

No comments yet. Be the first to share your opinion!

GMP Update