Mobilise App Lab is entering the public markets through SME IPO with an issue size of ₹20.10 crore. The issue consists of a fresh issue of equity shares. The shares are proposed to be listed on NSE & SME.
The IPO subscription window opens on February 23, 2026 and will remain open until February 25, 2026. The company plans to list its shares on March 2, 2026. Being an SME IPO, the issue may appeal to investors familiar with lower liquidity listings.
Mobilise App Lab Limited IPO Timeline
IPO Quick Facts
This section covers the main IPO details of Mobilise App Lab that investors generally review before applying.
IPO Details at a Glance
| Company Name | Mobilise App Lab |
|---|---|
| IPO Segment | SME |
| Sale Type | Fresh Issue |
| Issue Type | Bookbuilding IPO |
| Price | ₹75 – ₹80 Per Share |
| Lot Size | 1,600 Shares |
| Face Value | ₹10 Per Share |
| Exchange | NSE & SME |
Investor Category & Share Allocation
| Investor Category | Shares Offered | % of Issue |
|---|---|---|
| Market Maker | 126,400 | 5.03% |
| Qualified Institutional Buyers (QIB) | 1,190,400 | 47.39% |
| — Anchor Investor | 713,600 | 28.41% |
| — QIB (Ex Anchor) | 476,800 | 18.98% |
| NII (HNI) | 360,000 | 14.33% |
| Retail | 835,200 | 33.25% |
| Total Shares Offered | 2,512,000 | 100.00% |
Mobilise App Lab IPO Important Dates
The following table highlights the key dates for the Mobilise App Lab IPO, covering the subscription period and the expected listing timeline.
| IPO Opening Date | 23 Feb 2026 |
|---|---|
| IPO Closing Date | 25 Feb 2026 |
| Allotment Finalization | 26 Feb 2026 |
| Initiation of Refunds | 27 Feb 2026 |
| Credit of Shares | 27 Feb 2026 |
| IPO Listing Date | 02 Mar 2026 |
Mobilise App Lab IPO Size & Structure
| Total IPO Size | ₹20.10 Crore |
|---|
Mobilise App Lab IPO Lot Size & Minimum Investment
The table below shows the lot size and investment amount for the Mobilise App Lab IPO, calculated using the cut-off price. The price band for this IPO ranges from ₹75 to ₹80 per share.
Investors can apply for the IPO with a minimum of 1600 shares. Applications must be made in multiples of 1600 shares.
- Retail investors can apply from 2 lot to 2 lots.
- Small HNI (SHNI) investors must apply for at least 3 lots.
- Big HNI (BHNI) investors need to apply for a minimum of 8 lots.
This information helps investors understand the minimum investment required before applying for the IPO.
Note: Retail investors generally apply at the cut-off price, which is ₹80 per share.
| Category | Lots | Shares | Price | Amount |
|---|---|---|---|---|
| Retail (Min) | 2 | 3,200 | ₹80 | ₹256,000 |
| Retail (Max) | 2 | 3,200 | ₹80 | ₹256,000 |
| S-HNI (Min) | 3 | 4,800 | ₹80 | ₹384,000 |
| S-HNI (Max) | 7 | 11,200 | ₹80 | ₹896,000 |
| B-HNI | 8 | 12,800 | ₹80 | ₹1,024,000 |
Mobilise App Lab IPO GMP (Grey Market Premium)
The latest Mobilise App Lab IPO GMP (Grey Market Premium), along with Kostak rates and Subject to Sauda rates, helps in understanding market sentiment. The current Mobilise App Lab IPO GMP is ₹5 (6.25%), compared to the IPO issue price of ₹80. Based on the current GMP, the expected listing price is around ₹85. The Lowest GMP was ₹0 on 23 Feb 2026, while the highest GMP reached ₹16 on 24 Feb 2026.
Mobilise App Lab IPO was listed on the stock exchange on 02 Mar 2026. The IPO was subscribed 92.48 times. The first reported GMP was ₹0 (0%), while the latest recorded GMP stood at ₹5 (6.25%).Listing Details:
- Issue Price: ₹80 per share.
- Listing Price: ₹64.10 (approx. 19.88% discount)
- Listing Date: 02 Mar 2026
Mobilise App Lab IPO GMP Today - Trend Analysis
| Date | Issue Price (₹) | GMP Price (₹) | Estimated Gain (%) | Estimated Price (₹) | Estimated Profit (₹) |
|---|---|---|---|---|---|
| 28 Feb 2026 | ₹80 | ▼ ₹5 | ▼ 6.25% | ₹85 | ₹16,000 |
| 27 Feb 2026 | ₹80 | ₹7 | 8.75% | ₹87 | ₹22,400 |
| 26 Feb 2026 | ₹80 | ▼ ₹7 | ▼ 8.75% | ₹87 | ₹22,400 |
| 25 Feb 2026 | ₹80 | ▼ ₹8 | ▼ 10% | ₹88 | ₹25,600 |
| 24 Feb 2026 | ₹80 | ▲ ₹16 | ▲ 20% | ₹96 | ₹51,200 |
| 23 Feb 2026 | ₹80 | ₹0 | 0% | ₹80 | ₹0 |
| 21 Feb 2026 | ₹80 | ₹0 | 0% | ₹80 | ₹0 |
| 20 Feb 2026 | ₹80 | ▼ ₹0 | ▼ 0% | ₹80 | ₹0 |
| 19 Feb 2026 | ₹80 | ▼ ₹7 | ▼ 8.75% | ₹87 | ₹22,400 |
| 18 Feb 2026 | ₹80 | ▲ ₹13 | ▲ 16.25% | ₹93 | ₹41,600 |
| 17 Feb 2026 | ₹80 | ▲ ₹11 | ▲ 13.75% | ₹91 | ₹35,200 |
| 16 Feb 2026 | ₹80 | ₹0 | 0% | ₹80 | ₹0 |
Mobilise App Lab IPO GMP gives retail and institutional investors an idea about short-term market expectations. Although grey market premium does not guarantee listing performance, it is still commonly referred to while analysing IPOs. Investors are advised to look at Mobilise App Lab fundamentals along with IPO GMP data before making any investment decision.
GMP Disclaimer: GMP (Grey Market Premium) prices are unofficial and only reflect market sentiment. We neither participate in grey-market trading nor encourage it. Investors are strongly advised to review the company’s fundamentals, risks, and official documents before considering an investment in the Mobilise App Lab IPO.
Mobilise App Lab IPO Subscription Status
Mobilise App Lab IPO was subscribed 92.48 times overall on the final day of bidding (as of 25 Feb 2026).The subscription opened on 23 Feb 2026. The Retail portion was subscribed 95.22 times, while QIB and NII categories were subscribed 49.16 times and 130.26 times respectively.
Subscription by Category (QIB, NII, Retail, Employee)
Daily Subscription Trend (Day-wise):
| Date | QIB | NII | Retail | Employee | Total |
|---|---|---|---|---|---|
| 23 Feb 2026 | — | — | — | — | 3.73x |
| 24 Feb 2026 | 0.64x | 15.09x | 17.36x | — | 12.31x |
| 25 Feb 2026 | 49.16x | 130.26x | 95.22x | — | 92.48x |
The Mobilise App Lab IPO opened with strong demand on Day-1, supported by active participation from QIB and NII investors.
On Day-2, subscription levels for the Mobilise App Lab IPO rose sharply due to heavy bidding from Retail, followed by NII investors.
By the end of the bidding period, the IPO was subscribed 92.48x overall, reflecting strong demand from key investor categories, led by NII, followed by Retail and QIB investors. Overall subscription for the Mobilise App Lab IPO increased from 3.73x on Day-1 to 92.48x by the final day.
Mobilise App Lab IPO Final Subscription
| Category | Subscription |
|---|---|
| Qualified Institutional Buyers (QIB) | 49.16x |
| Non-Institutional Investors (NII) | 130.31x |
| Retail Investors | 96.16x |
| Total | 92.94x |
Mobilise App Lab IPO Allotment Status
The Mobilise App Lab IPO allotment status was released on 26 Feb 2026. Investors who applied for the IPO can now check their Mobilise App Lab allotment status online through the official registrar website and NSE / BSE portal.
- 🗓 Allotment Date: 26 Feb 2026
- 📈 Listing Date: 02 Mar 2026
How to Check Mobilise App Lab IPO Allotment Status Online?
Investors can check the Mobilise App Lab IPO allotment status online through BigShare Services Private Limited and NSE websites. All platforms provide easy access to the IPO allotment details.
Just follow the below mentioned steps to check your allotment status.You can also visit
BigShare Services
to know more about the IPO registrar.
Check on BigShare Services Private Limited (IPO Registrar)
- Visit → BigShare Services Private Limited
- Select Mobilise App Lab
- Select Application No / CAF No / Beneficiary ID / PAN Number
- Enter the relevant details and CAPTCHA to proceed further
- Click Search to view allotment status
Check on NSE (National Stock Exchange) Website
- Go to → NSE Website
- Select Equity & SME IPO Bid Details.
- Choose Mobilise App Lab IPO.
- Enter your PAN & Application Number.
- Click on Submit button.
The National Stock Exchange (NSE) provides an online facility to check the Mobilise App Lab IPO allotment status.
Note: Allotment status is published only on the official registrar websites. We do not collect investor data or provide allotment verification directly.
How to Apply for Mobilise App Lab IPO?
Login to Your Trading App
Open your trading app such as Angel One, Zerodha, Upstox, Groww or any brokerage app.
Go to the IPO Section
Navigate to the IPO section in the app, search for the IPO, and enter your bid details.
Enter Your UPI ID
Provide your UPI ID that is linked to your bank account for payment authentication.
Approve the Mandate
Open your UPI app and approve the payment mandate to block the required amount.
Application Confirmation
Application submitted successfully, the funds will remain blocked until allotment is finalized.
Mobilise App Lab IPO Listing Analysis
Below is a quick summary of the Mobilise App Lab IPO issue price, listing price, and listing gain on NSE.
| IPO Status | Issue Price | Listing Price | Listing Gain |
|---|---|---|---|
| Listed (NSE) | ₹80 | ₹64 | ▼ -19.88% |
Mobilise App Lab made a weak debut on the stock market on 02 Mar 2026, listing at ₹64.1, which was -₹16 lower (-19.88%) than its IPO issue price of ₹80. This indicated a negative listing sentiment, and IPO investors faced an immediate notional loss on debut.
Selling pressure continued throughout the session, and the stock slipped further by +4.99% from the listing price, closing at ₹67.3. From the IPO issue price, this translated into a total decline of -₹13 per share (-15.88%) by the end of the day.
For investors who were allotted one lot of 1600 shares, the investment of ₹128,000 reduced to ₹107,680. Investors booked an overall loss of -₹20,320 per lot on the listing day.
📌 IPO Issue Price and Lot Size
The IPO of Mobilise App Lab was offered in the price band of ₹75 to ₹80 per share.
- The final issue price was fixed at ₹80.
- One lot consisted of 1600 shares.
- Minimum investment: ₹80 × 1600 = ₹128,000
- Investment after Day-1: ₹67.3 × 1600 = ₹107,680
- By the end of the listing session, investors faced a loss of -₹20,320 per lot.
📌 IPO Subscription Analysis
Despite achieving an overall subscription of 92.48×, supported by strong QIB demand of 49.16×, the IPO failed to convert healthy investor interest into positive listing returns. The stock debuted at -19.88% and closed at -15.88%, indicating weak post-listing confidence.
| Day | QIB | NNI | Retail | Total |
|---|---|---|---|---|
| Day 1 | 0x | 0x | 0x | 3.73x |
| Day 2 | 0.64x | 15.09x | 17.36x | 12.31x |
| Day 3 | 49.16x | 130.26x | 95.22x | 92.48x |
📌 Final Assessment
Overall Outcome: Below Expectations IPO
- Subscription Phase: High investor participation
- Listing Phase: Weak listing performance
- Investor Experience: Negative short-term experience
IPO Financial Summary
- Total Assets changed by 83.38% in FY 2024-2025.
- Total Revenue changed by 33.88% in FY 2024-2025.
- Profit After Tax changed by 51.94% in FY 2024-2025.
- Reserves & Surplus changed by 74.86% in FY 2024-2025.
- Total Borrowings changed by -68.57% in FY 2024-2025.
| Metric | 2025-12-31 | 2025-03-31 | 2024-03-31 | 2023-03-31 |
|---|---|---|---|---|
| Total Assets (₹ Cr) | 15.84 | 11.92 | 6.50 | 3.39 |
| Total Revenue (₹ Cr) | 13.53 | 16.24 | 12.13 | 7.12 |
| Profit After Tax (₹ Cr) | 4.01 | 4.71 | 3.10 | 1.76 |
| Reserves & Surplus (₹ Cr) | 5.06 | 6.26 | 3.58 | 0.00 |
| Total Borrowings (₹ Cr) | 0.19 | 0.11 | 0.35 | 0.06 |
Mobilise App Lab Peer Comparison
The following table helps investors compare Mobilise App Lab IPO with its listed peers based on important financial and valuation parameters as of March 31, 2025.
| # | Company Name | EPS (₹) | P/E (x) | NAV (₹) | P/BV (x) | RoNW (%) |
|---|---|---|---|---|---|---|
| 1 | Mobilise App Lab Limited | 262.96 | - | 41.30 | - | 57.05 |
| 2 | Unicommerce Esolutions Limited | 1.97 | 67.28 | 8.98 | 16.25 | 23.64 |
| 3 | Iris Business Services Limited | 6.28 | 61.53 | 37.79 | 10.24 | 16.00 |
Utilisation of Proceeds
The Company proposes to utilise the net IPO proceeds of approximately ₹28.09 crore towards the following objectives:
| # | Purpose | Amount (₹ Cr) | % of Total |
|---|---|---|---|
| 1 | Funding requirement in product development through talent hiring for the company | 5.54 | 19.72% |
| 2 | Funding requirement toward business development and marketing activities aimed at driving the organization’s expansion across domestic markets | 3.03 | 10.79% |
| 3 | Funding towards the infrastructure of the company | 5.47 | 19.47% |
| 4 | Total | 14.05 | 50.02% |
| Total | 28.09 | 100% | |
Mobilise App Lab IPO Promoter Holding
| Promoter(s) | Mr. Ashish Sharma, Mrs. Smriti Sharma and Dr. Manish Sharma |
|---|---|
| Pre-Issue Holding | 96.00% |
| Post-Issue Holding | 70.65% |
Mobilise App Lab IPO FAQs
The Mobilise App Lab IPO is a SME Bookbuilding IPO with a total issue size of ₹20.10 crore.
The IPO will open for subscription on Mon, 23 Feb 2026 and will close on Wed, 25 Feb 2026.
The shares are being offered at a price band of ₹75 to ₹80 per equity share.
Investors can apply for the IPO with a minimum lot size of 1,600 shares.
At the upper price band, the minimum investment required for one lot is approximately ₹256,000.
The shares of Mobilise App Lab are expected to be listed on NSE & SME on Mon, 02 Mar 2026.
The Grey Market Premium (GMP) of Mobilise App Lab IPO is ₹5.
The expected listing price of Mobilise App Lab IPO is around ₹85 based on current GMP. This indicates a potential return of approximately 6.25% , with an estimated profit of ₹8,000 per lot, subject to market conditions.
The Mobilise App Lab IPO was subscribed 92.94 times on the final day of subscription.
The retail portion is subscribed 95.22 times as of 25 Feb 2026.
The QIB portion is subscribed 49.16 times and the NII portion is subscribed 130.26 times .
The IPO registrar of Mobilise App Lab is BigShare Services Private Limited. BigShare is responsible for processing IPO applications, finalizing allotment, crediting shares, and initiating refunds.
The allotment date is expected on Thu, 26 Feb 2026.
Allotment status is generally updated in the evening (6 PM – 10 PM) on Thu, 26 Feb 2026 on the registrar or exchange website.
Shares are expected to be credited by Fri, 27 Feb 2026.
Refunds for unsuccessful applicants will be initiated on Fri, 27 Feb 2026.
Investors can check refund status via:
- UPI mandate / bank account (NACH, NEFT, RTGS)
- ASBA bank portal
Mobilise App Lab IPO is listed on NSE.
The latest share price of Mobilise App Lab Limited is currently not available.
Recent price movement data for Mobilise App Lab Limited is currently not available.
Disclaimer: The content published on this website is for informational and educational purposes only and must not be treated as financial, trading or investment advice. Share Market related articles, IPO details, GMP values, subscription data, listing estimates, allotment status and related information reflect market sentiment and public data and may be inaccurate or outdated. Nothing on this website constitutes an offer or recommendation to buy or sell any securities. We are not SEBI registered financial advisors. Investors must consult a qualified SEBI registered financial advisor before making any investment decisions. Any investment made based on the information provided here is entirely at the reader’s own risk. The author and the team at TheFinancialTalks.com shall not be responsible or liable for any financial loss. Investors must conduct thorough due diligence and seek professional financial advice before making any investment decisions.