Mobilise App Lab came to market through an SME IPO that opened on 23 February 2026 and closed on 25 February 2026, and the shares listed on 2 March 2026 on NSE SME. The price band was ₹75 to ₹80 per share and one lot was 1600 shares, so the minimum application was ₹1,28,000. The issue size was ₹20.1 crore. The whole issue was fresh shares, so the money raised went to the company.
Bigshare Services Pvt.Ltd was the registrar to the issue, and Corporate Capitalventures Pvt.Ltd was the lead manager.
As of 25 February 2026.
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Mobilise App Lab Limited was incorporated in 2012. It is a technology-driven company. The company is engaged in providing innovative, scalable, and secure IT products that can optimize business operations and facilitate digital transformation in various industries. The company provides a wide range of enterprise solutions such as integrated facility & assets management, human resource management systems (HRMS), supply chain management, school & university ERP, single sign-on (SSO), AI studio, and IoT applications.
Their cloud-based, process-oriented platforms are developed to improve efficiency, automation, and decision-making.With a pool of experienced professionals and a focus on innovation, Mobilise is a reliable solution partner for various organizations. The company’s focus on quality, customization, and long-term success for clients helps to promote operational excellence and business growth. Products: EduPro (ERP Solutions for Educational Institutions) OpsSuite (Computerized Maintenance Management System (CMMS)) SCMPro (Supply Chain & Procurement Solutions) HRevO (HRMS & Employee Lifecycle Management) The company employs 95 people.
As described in the offer document.
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Mr. Ashish Sharma, Mrs. Smriti Sharma, Dr. Manish Sharma. Promoter holding 96.00% before the issue and 70.65% after.
Work out the listing gain for this SME IPO
If the retail portion is not fully subscribed, every valid application is allotted in full. If it is oversubscribed, SEBI's rules require that as many applicants as possible receive at least one lot, so the shares are allotted by a computerised lottery across all valid applications, one lot each, until the retail portion is exhausted. Applying for more lots does not improve your chance in a lottery; it only increases what you receive if the issue is under-subscribed.
The basis of allotment document, published by the registrar on the allotment date, states the ratio: for example, one applicant in seven received one lot.
Allotment status is published by the registrar on its website, searchable by PAN, application number or demat account, and also on the exchange's website. Allotted shares are credited to the demat account the day before listing, and blocked money for unsuccessful applications is released the same day. The Rupix app can check allotment status by PAN once the registrar publishes it.
Shares list within three working days of the issue closing. On listing day the exchanges run a special pre-open session from nine o'clock, during which orders are collected and an opening price is discovered from them; trading in the share begins after that, usually around ten. The opening price is the listing price that appears on this page once the issue has listed, and the listing gain or loss is the difference between it and the issue price.
For a mainboard issue, the share then trades in the normal way with the exchange's price band for a new listing. For an SME issue, shares trade in lots rather than one at a time, and the market can be thin, so selling on listing day is not always possible at the opening price. Capital gains on shares sold within a year of allotment are short-term and taxed at the short-term rate.
Mobilise App Lab IPO was a ₹20.1 crore book-built issue, made up entirely of a fresh issue. It was priced at ₹75–₹80 per share with a lot size of 1,600 shares; the minimum retail application was 3,200 shares (₹2,56,000). The IPO was open from February 23 to February 25, 2026 and was subscribed 100.15x. Shares listed on NSE SME on March 2, 2026 at ₹64.10, a 19.9% discount to the issue price of ₹80. Bigshare Services Pvt. Ltd.
is the registrar. Corporate Capitalventures Pvt. Ltd. is the book running lead manager.
The price band of Mobilise App Lab IPO is ₹75 to ₹80 per share.
The lot size of Mobilise App Lab IPO is 1600 shares.
The minimum investment for Mobilise App Lab IPO is approximately ₹2,56,000 based on the upper price band.
The allotment date of Mobilise App Lab IPO is Feb 26, 2026.
Mobilise App Lab IPO's final recorded GMP before listing was ₹4 per share (a 5% premium over the ₹80 upper price band). The shares listed at ₹64.1. GMP is unofficial and does not forecast or guarantee the actual listing price.
You can check Mobilise App Lab IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Mobilise App Lab IPO allotment status on Rupix for quick and easy access.
₹75 to ₹80 per share, against a face value of ₹10. Most applicants bid at the cut-off price, the top of the band, so that the application was valid whatever price the issuer finally fixed.
One lot was 1600 shares, and every application had to be a whole number of lots. At the top of the band that made the minimum application ₹1,28,000. After listing, SME shares also trade in lots rather than one share at a time.
₹1,28,000, for one lot of 1600 shares at the top of the price band. The amount was blocked in the applicant's bank account through ASBA or a UPI mandate while the issue was open, and released on the allotment date to applicants who were not allotted shares.
It opened on 23 February 2026 and closed on 25 February 2026.
The basis of allotment was published on 26 February 2026 by Bigshare Services Pvt.Ltd, and allotted shares were credited to demat accounts before listing.
The shares listed on 2 March 2026 on NSE SME.
The issue size was ₹20.1 crore. The fresh issue was 25,12,000 shares (aggregating up to ₹20.1 crore).