
Information Technology · NSE
Incorporated in 2012, Mobilise App Lab Limited is a technology-based company that provides innovative, scalable, and secure IT solutions to help businesses improve their operations and move towards digital transformation. The company offers a wide range of enterprise products such as facility and asset management, HR management systems, supply chain solutions, school and university ERP, single sign-on, AI studio, and IoT applications, all designed to increase efficiency, automation, and better decision-making through cloud-based platforms. With a skilled team and strong focus on innovation, the company works as a reliable technology partner for organisations of different sizes by providing customised and quality solutions that support long-term growth. Its key products include EduPro for educational ERP, OpsSuite for maintenance management, SCMPro for supply chain and procurement, and HRevO for HR and employee lifecycle management, and the company currently has 95 employees.
Price Band
₹75 – ₹80
Issue Size
₹251.20 L Cr
Lot Size
1600 shares
GMP
+2.5%
Est. Listing
₹82
at current GMP
Subscribed
100.15x
overall
Open
23 Feb 2026
Close
25 Feb 2026
Allotment
26 Feb 2026
Refund
27 Feb 2026
Demat Credit
28 Feb 2026
Listing
2 Mar 2026
Overall Subscription
100.15x
Total Demand
QIB Multiplier
49.16x
Institutions & Funds
NII / HNI
176.07x
High Net-Worth
Retail (RII)
96.52x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 476,800 | 23,441,600 | 49.16x |
| NIB | 360,000 | 63,385,600 | 176.07x |
| HNIs(10L +) | 240,000 | 46,958,400 | 195.66x |
| HNIs (2-10L) | 120,000 | 16,427,200 | 136.89x |
| RETAIL | 835,200 | 80,617,600 | 96.52x |
| Total | 2,032,000 | 230,830,400 | 100.15x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| QIB | — | 32 | 0.00x |
| NIB | — | 6,912 | 0.00x |
| RETAIL | 261 | 25,193 | 96.52x |
| HNIs(10L +) | 50 | 3,579 | 71.58x |
| HNIs (2-10L) | 25 | 3,333 | 133.32x |
| Total Applications | 336 | 39,049 | 116.22x |
Mobilise App Lab Limited is bringing an initial public offering (IPO) in the Information Technology sector with an aggregate issue size of ₹25,12,000 Crores. The shares are offered at a price band of ₹75 to ₹80 per equity share on NSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2026-02-25, the basis of allotment is scheduled to be finalized on 2026-02-26. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Bigshare Services Private Limited) or the BSE allotment checking window.
The Mobilise App Lab Limited IPO aggregate issue size is ₹25,12,000 Crores with an equity price band set at ₹75 to ₹80 per equity share. The retail lot size is 1600 shares requiring a minimum capital outlay of approx. ₹1,28,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. You can track QIB, NII/HNI, and Retail category multiples directly on our dedicated live subscription page.
The basis of allotment will be published on the official registrar portal (Bigshare Services Private Limited) and the BSE status verification website on or around 2026-02-26.