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Mobilise App Lab IPO
99.70xsubscribed

Mobilise App Lab IPO

IT - Software
listed
₹2.40LMin. investment

Mobilise App Lab Limited IPO Details

SectorIT - Software
Price range₹75.00 – ₹80.00
IPO type
SME
Lot size1600 shares
Issue size₹20Cr
Red Herring Prospectus
Read
Market cap
₹76.1CrLower than sector avg
RevenueApr 2024 - Mar 2025
₹16.14CrLower than sector avg
Growth rate3Y CAGR
52.40%Higher than sector avg

Mobilise App Lab IPO Subscription Status

Date
QIB
NII
Retail
Total
23-Feb-26
0.01 times (X)
7.37 times (X)
4.76 times (X)
3.97 times (X)
24-Feb-26
0.64X
20.37X
17.03X
13.08X
25-Feb-26
49.16X
176.03X
95.64X
99.7X

As on 23-Feb-26, 5:30 PM

Mobilise App Lab IPO Timeline

  1. Pre-apply
    20 Feb 2026
  2. Bid start
    23 Feb 2026
  3. Bid end
    25 Feb 2026
  4. Allotment
    26 Feb 2026
  5. Release of funds
    27 Feb 2026
  6. Demat transfer
    27 Feb 2026
  7. Listing
    2 Mar 2026

About Mobilise App Lab Limited

Incorporated in April 2013, Mobilise App Lab is a SaaS-based enterprise software company providing digital platforms to institutional and corporate clients. The company operates on a pure B2B model and offers four core products - EduPro (ERP for educational institutions), OpsSuite (Computerised Maintenance Management System - CMMS), SCMPro (Supply Chain & Procurement solution) and HRevo (HRMS & employee lifecycle management platform).
EduPro is subscription-based software to manages admissions, attendance, exams, transport, fees and payroll for schools whereas OpsSuite handles asset lifecycle, preventive maintenance and IoT-based monitoring.
OpsSuite integrates IoT devices, RFID, GPS and barcode systems and currently manages 9.60 lakh assets across multiple state-level healthcare projects and other engagements. HRevo manages active employee data of over 4.11 lakh individuals globally, including about 3.0 lakh in India whereas EduPro serves 34,303 students across 15 schools as of Aug 2025. The company provides ERP solutions to B2B clients who further deliver services to its end customers.
In FY25, HRevo contributed 52.79% followed by OpsSuite at 29.72%, SCMPro at 13.60% and EduPro at 3.89%. It is entirely service-based and largely domestic with Maharashtra contributing 68.35% and West Bengal contributing 7.03%, followed by others. The top 10 customers contributed 97.39% of revenue in FY25.

Checklist

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Revenue growth
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Objectives of Mobilise App Lab Limited IPO

General corporate purposes
29.80%
Part of the IPO proceeds will be used for general corporate purposes and issue expenses
Product development
27.70%
The company will utilise ₹5.54 crore for hiring talent for product development
Capital Expenditures
27.30%
The company will utilise ₹5.47 crore for funding infrastructure of the company.
Business Development
15.10%
The company will utilise ₹3.03 crore to fund business development and marketing activities

Compare

CompanyRevenue*3Y growthPATMarket capP/E ratioD/E ratio
This IPO₹16.14Cr52.40%₹4.71Cr₹76.1Cr11.730.01
This sector (avg.)₹2,461.47Cr0.05%₹373.09Cr₹14,720.51Cr148.010.31
₹2,55,324Cr---₹48,797Cr₹11,30,254Cr23.690.10
₹1,62,990Cr---₹26,750Cr₹6,63,897.8Cr24.310.09
₹1,17,055Cr---₹17,399Cr₹4,58,746.3Cr27.940.09

*Revenue for financial year 2024-25. Lower P/E and D/E ratios are generally preferred.

Mobilise App Lab IPO Contact Details

Company NameMobilise App Lab Limited

How to apply for Mobilise App Lab IPO?

  1. Step 1

    Log in to your Upstox account to access IPO investments. Next, select the current IPO section.

  2. Step 2

    Specify IPO details. Enter the number of lots and the price you wish to apply for.

  3. Step 3

    Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.

  4. Step 4

    Mandate Notification. Your UPI app will receive a mandate notification to block funds.

  5. Step 5

    Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.

Mobilise App Lab Limited IPO FAQs