The Mobilise App Lab IPO has begun with strong momentum. On the very first day of bidding, the issue was subscribed 2.48 times. That tells you one thing clearly — investor interest is real.
The IPO opened on February 23 and will close on February 25. In just hours, demand outpaced supply. And when that happens early, the market pays attention.
Let’s break down what’s happening.
Market Performance: Mobilise App Lab IPO Sees Solid Demand
The Mobilise App Lab IPO subscription status reflects healthy participation across categories.
As of 14:50 IST on Day 1:
- Overall Subscription: 2.48x
- Retail Portion: 2.70x
- NII Portion: 5.23x
- Total Shares Bid: 41,40,800
- Total Shares Offered: 16,72,000
The response shows strong traction, especially from non-institutional investors. Retail demand also stayed steady through the session.
This kind of early booking often indicates that the IPO has managed to generate buzz before listing.
Mobilise App Lab IPO Details: Price Band, Lot Size, Investment
The Mobilise App Lab IPO price band is set between ₹75 to ₹80 per equity share. Each share carries a face value of ₹10.
Minimum bidding requirements:
- Lot Size: 1,600 shares
- Retail Minimum Investment: ₹2,56,000 (2 lots / 3,200 shares)
- HNI Minimum Investment: ₹3,84,000 (3 lots)
The IPO is a book-built issue worth ₹20.10 crore. It consists entirely of a fresh issue of 25 lakh shares.
There is no offer-for-sale component.
Issue Timeline: Key Dates to Track
Here are the important dates investors are watching:
- IPO Opened: February 23
- IPO Closes: February 25
- Allotment Finalisation: February 26
- Shares Credit & Refunds: February 27
- Listing on NSE SME: March 2
The shares will be listed on the NSE SME platform, marking a key milestone for the company.
About Mobilise App Lab Limited
Founded in 2012, Mobilise App Lab Limited operates in the technology solutions space. The company builds scalable and secure IT products that aim to improve business operations.
Its portfolio includes:
- Integrated facility and asset management solutions
- Human Resource Management Systems (HRMS)
- Supply chain management systems
- School and university ERP systems
- Single sign-on (SSO) solutions
- AI Studio capabilities
- IoT-based applications
Most of these platforms are cloud-based. The focus remains on process efficiency, automation, and structured data management.
The company positions itself as a technology partner offering customizable enterprise solutions.
Financial Performance: Strong Growth in FY25
The Mobilise App Lab IPO comes after a year of strong financial performance.
Here are the key numbers:
Revenue from Operations
- FY25: ₹16.14 crore
- FY24: ₹12.06 crore
- Growth: 33.8% YoY
Profit After Tax (PAT)
- FY25: ₹4.71 crore
- FY24: ₹3.10 crore
- Growth: 52% YoY
Revenue expanded sharply. Profits grew even faster.
That indicates operating leverage is improving as the company scales.
No projections. Just reported numbers.
Utilisation of IPO Proceeds
Funds raised through the Mobilise App Lab IPO will be used for:
- Product development
- Talent acquisition
- Business development
- Marketing initiatives
- Infrastructure enhancement
- General corporate purposes
The entire ₹20.10 crore issue will support internal expansion.
Key Intermediaries
- Book Running Lead Manager: Corporate Capitalventures Ltd.
- Registrar: Bigshare Services Ltd.
- Market Maker: SS Corporate Securities Ltd.
Why the Mobilise App Lab IPO is Drawing Attention?
Several IPOs enter the market quietly. Some see moderate demand. And some witness early momentum.
The Mobilise App Lab IPO falls in the third category — at least on Day 1.
Strong subscription figures. Defined business focus. Growth in revenues and PAT. SME platform listing. Fresh issue structure.
That combination has brought steady interest.
No speculation. Just numbers speaking.
Summary: Mobilise App Lab IPO Snapshot
The Mobilise App Lab IPO has begun on a strong note with 2.48x subscription on Day 1. Retail and NII participation has been visible. The IPO is priced between ₹75–₹80 per share with a minimum lot of 1,600 shares.
The company reported:
- ₹16.14 crore revenue in FY25
- ₹4.71 crore profit after tax
- 33.8% YoY revenue growth
- 52% YoY PAT growth
The issue closes on February 25, allotment will be finalized on February 26, and listing is scheduled for March 2 on the NSE SME platform.
As the bidding window remains open, the Mobilise App Lab IPO will continue to remain under market watch.
And right now, the numbers show one thing clearly — participation has already picked up pace.
Source: Livemint
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