In February 2026, SME IPO activity continues to attract interest from technology driven businesses, particularly companies operating in the SaaS and enterprise software space. As organisations across education, healthcare, logistics, and corporate sectors accelerate digital transformation, scalable cloud based platforms are becoming increasingly relevant. Technology firms offering subscription based solutions with strong margins are drawing attention from investors seeking growth oriented opportunities.
Against this backdrop, Mobilise App Lab Limited is set to open its IPO on February 23, 2026. Here is a detailed insight into Mobilise App Lab Limited, its IPO, and the industry outlook.
About Mobilise App Lab Ltd.
Incorporated in 2012, Mobilise App Lab Limited is a technology driven company specialising in scalable and secure IT products aimed at streamlining business operations.
The company delivers cloud based, process oriented enterprise solutions across multiple industries. Its key product offerings include:
• EduPro, ERP solutions for educational institutions
• OpsSuite, Computerised Maintenance Management System
• SCMPro, supply chain and procurement solutions
• HRevO, HRMS and employee lifecycle management
In addition, the company offers integrated facility and asset management systems, single sign on solutions, AI studio, IoT applications, and customised enterprise software platforms.
Mobilise focuses on automation, operational efficiency, and improved decision making for organisations. It positions itself as a long term digital transformation partner, offering customised and scalable solutions. As per available data, the company has 95 employees.
Mobilise App IPO Details
Mobilise App IPO is a book build issue of ₹20.10 crores. The issue is entirely a fresh issue of 0.25 crore shares aggregating to ₹20.10 crores.
The IPO price band is set at ₹75 to ₹80 per share. The issue is proposed to be listed on NSE SME.
The company intends to utilise the net proceeds towards product development through talent hiring, business development and marketing, infrastructure expansion, and general corporate purposes.
Important IPO Timeline
| Event | Date |
|---|---|
| IPO Open Date | February 23, 2026 |
| IPO Close Date | February 25, 2026 |
| Allotment Date | February 26, 2026 |
| Initiation of Refunds | February 27, 2026 |
| Credit of Shares to Demat | February 27, 2026 |
| Listing Date | March 2, 2026 |
Key IPO Details
Here is the table on the Mobilise App IPO Review:
| Particulars | Details |
|---|---|
| Face Value | ₹10 per share |
| Issue Price Band | ₹75 to ₹80 per share |
| Lot Size | 1,600 shares |
| Total Issue Size | 25,12,000 shares aggregating up to ₹20 crore |
| Fresh Issue | 25,12,000 shares aggregating up to ₹20.10 crore |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Shareholding Pre issue | 70,00,000 shares |
| Shareholding Post issue | 95,12,000 shares |
| Market Capitalisation Pre IPO | ₹76.10 crore |
Lot Size of Mobilise App IPO
Investors can bid for a minimum of 3,200 shares and in multiples of 1,600 shares thereafter.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail Investor Min | 2 | 3,200 | ₹2,56,000 |
| Retail Investor Max | 2 | 3,200 | ₹2,56,000 |
| S HNI Min | 3 | 4,800 | ₹3,84,000 |
| S HNI Max | 7 | 11,200 | ₹8,96,000 |
| B HNI Min | 8 | 12,800 | ₹10,24,000 |
Mobilise App Lab Ltd. Financials
Mobilise App IPO has a pre issue market capitalisation of ₹76.10 crore. Based on financial data as of December 31, 2025, the company reported:
• ROCE of 45.65 percent
• Return on Net Worth of 33.27 percent
• PAT margin of 30.32 percent
• EBITDA margin of 48.34 percent
• Debt to Equity ratio of 0.02
Other financial details of the company include the following:
Key Company Financials
| Period Ended | 31 Dec 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 15.84 | 11.92 | 6.50 | 3.39 |
| Total Income | 13.53 | 16.24 | 12.13 | 7.12 |
| Profit After Tax | 4.01 | 4.71 | 3.10 | 1.76 |
| EBITDA | 6.40 | 6.92 | 4.38 | 2.30 |
| Net Worth | 12.06 | 8.26 | 3.58 | 2.07 |
| Total Borrowing | 0.19 | 0.11 | 0.35 | 0.06 |
Amount in ₹ crore.
Mobilise App Lab Ltd.: Industry Outlook
• Growing adoption of SaaS based enterprise platforms across education, healthcare, and manufacturing sectors supports long term demand.
• Digital transformation initiatives among SMEs create opportunities for scalable ERP and HRMS solutions.
• High operating margins in SaaS models can improve profitability if subscription revenues remain stable.
• Technology companies face competition from established global and domestic software providers.
• Continuous product innovation and client retention are critical for sustained growth.
Conclusion
Mobilise App Lab Limited presents an SME IPO opportunity in the SaaS and enterprise software segment. The company offers diversified digital solutions across ERP, HRMS, supply chain, and asset management platforms. With IPO proceeds earmarked for product development, marketing, and infrastructure, it aims to strengthen its growth trajectory.
However, investors should assess factors such as valuation, scalability of revenue, client concentration, and competitive intensity before investing. Reviewing the offer document and aligning the investment with individual risk appetite remains essential before participating in the IPO.
