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Mobilise App Lab Limited is an Indian Software-as-a-Service (SaaS) IT solutions provider founded in 2013. The company offers a suite of digital platforms to streamline enterprise operations, including EDUPro ERP for educational institutions, OpsSuite ERP for computerized maintenance management across industries like healthcare and facility maintenance, SCMPro ERP for comprehensive supply chain management, and HRevO for human resources management. Operating on a B2B model, Mobilise App Lab provides these solutions to clients who then serve their end customers, with operations based out of offices in Faridabad and Gurgaon.
Feb 23, 2026
Feb 25, 2026
Mar 02, 2026
SME
Upcoming
14.05 Cr
14.05 Cr
0 Cr
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The main objectives of the issue are to utilize the net proceeds for the following purposes:
To fund product development through strategic talent acquisition, including hiring a Chief Technology Officer, Product Heads, AI/ML experts, and developers, and to provide training in AI, machine learning, and cybersecurity, with an estimated cost of 5.54 crores.
To finance business development and marketing activities to drive expansion across domestic markets, including expanding the sales and marketing teams, brand-building through online and offline advertising, and participating in industry exhibitions and seminars, with a total estimated cost of 3.03 crores.
To fund infrastructure upgrades, including securing high-speed MPLS network lines, purchasing high-performance laptops and workstations, enhancing network security, upgrading Azure cloud infrastructure, acquiring necessary software licenses, and procuring high-performance GPUs, with an estimated cost of 5.47 crores.
To meet general corporate purposes, including operational expenses and other exigencies that may arise in the ordinary course of business, subject to regulatory limits.
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6.73
33.27%
45.65%
33.27%
—
30.32%
48.34%
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Offers tailored and customizable SaaS-based solutions for diverse sectors like healthcare, education, and facility management.
Led by an experienced promoter and management team with a strong track record and deep industry expertise.
Maintains long-standing client relationships, leading to significant recurring and repeat revenue streams.
Strong focus on quality assurance, backed by ISO 9001:2015, ISO 27001:2022, and CMMI Level 3 certifications.
Substantial revenue dependency on a few top clients, with the top client contributing over 57% of revenue in the latest period.
Geographical concentration of sales, with a majority of revenue derived from the state of Maharashtra.
High product concentration, with the HRevO software product contributing a significant portion of total revenues.
History of delays in statutory and regulatory filings under the Companies Act and GST Act, which could attract penalties.
The Indian IT-BPM industry is projected to grow steadily, providing a favorable market for expansion.
Utilize IPO proceeds to fund business development and marketing activities for expansion into new domestic markets.
Opportunity to enhance product offerings by integrating advanced technologies like AI, Machine Learning, and IoT.
Increasing digitalization and adoption of SaaS solutions across various industries in India, creating a larger addressable market.
Operates in a highly competitive industry with pressure from large domestic, international, and unorganized players.
Significant risks of disruptions in IT systems and data security breaches from cyber-attacks, which could harm business and reputation.
High attrition rates and competition for skilled IT professionals could impact project staffing and increase operational costs.
Rapid changes in technology may render current platforms obsolete, requiring substantial and timely investments to stay competitive.
Mobilise App Lab Limited is an Indian Software-as-a-Service (SaaS) IT solutions provider founded in 2013. The company offers a suite of digital platforms to streamline enterprise operations, including EDUPro ERP for educational institutions, OpsSuite ERP for computerized maintenance management across industries like healthcare and facility maintenance, SCMPro ERP for comprehensive supply chain management, and HRevO for human resources management. Operating on a B2B model, Mobilise App Lab provides these solutions to clients who then serve their end customers, with operations based out of offices in Faridabad and Gurgaon.
The Mobilise App Lab Ltd. IPO is scheduled to open for subscription on Feb 23, 2026 and close on Feb 25, 2026. Investors can apply for shares during this period through eligible platforms.
The price band for the Mobilise App Lab Ltd. IPO is yet to be announced. Investors can place bids within this range once the issue opens.
The minimum lot size for the Mobilise App Lab Ltd. IPO is yet to be announced shares. The minimum investment amount will be known once the price band is finalized.
The total issue size of the Mobilise App Lab Ltd. IPO is approximately ₹14.05. Issue size represents the total value of shares offered to the public.
As per the latest available information, the Mobilise App Lab Ltd. IPO has been subscribed data will be available once the issue opens. Subscription levels can change significantly during the offer period.
The Grey Market Premium (GMP) for the Mobilise App Lab Ltd. IPO is not available as of now. GMP reflects unofficial market sentiment and should not be considered a guarantee of listing performance.
The shares of Mobilise App Lab Ltd. are expected to list on stock exchanges on Mar 02, 2026, subject to completion of the allotment process and regulatory approvals.
The net proceeds from the Mobilise App Lab Ltd. IPO are proposed to be used for The main objectives of the issue are to utilize the net proceeds for the following purposes:, To fund product development through strategic talent acquisition, including hiring a Chief Technology Officer, Product Heads, AI/ML experts, and developers, and to provide training in AI, machine learning, and cybersecurity, with an estimated cost of 5.54 crores., To finance business development and marketing activities to drive expansion across domestic markets, including expanding the sales and marketing teams, brand-building through online and offline advertising, and participating in industry exhibitions and seminars, with a total estimated cost of 3.03 crores., To fund infrastructure upgrades, including securing high-speed MPLS network lines, purchasing high-performance laptops and workstations, enhancing network security, upgrading Azure cloud infrastructure, acquiring necessary software licenses, and procuring high-performance GPUs, with an estimated cost of 5.47 crores., To meet general corporate purposes, including operational expenses and other exigencies that may arise in the ordinary course of business, subject to regulatory limits.
Before applying for the Mobilise App Lab Ltd. IPO, investors generally review the company’s business model, financial performance, valuation, industry outlook, and risk factors mentioned in the offer document.
