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IPO-Insights

Mobilise App Lab IPO – Subscription Status, Dates, and How to Apply

Nupur Wankhede

Explore how Mobilise App Lab Ltd’s IPO performed during its subscription period, including investor participation, price band details, key dates, and the step-by-step process to apply through ASBA or UPI.

The Mobilise App Lab Ltd IPO opened for subscription on February 23, 2026, marking the debut of the specialized B2B SaaS and enterprise solutions provider in the primary market. With a strong portfolio of ERP systems catering to education, healthcare, and facility management, the company’s public issue has drawn significant interest from investors looking for exposure to India’s growing technology and digital transformation sectors. The issue is valued at ₹20.10 crore and is entirely a fresh issue, offering equity shares in the price range of ₹75 to ₹80 per share.

Mobilise App Lab IPO Subscription Status

 

The Mobilise App Lab Ltd IPO opened to a strong subscription level on its debut day, particularly from the retail and non-institutional segments. The offering, centered on high-margin SaaS products, is being closely tracked for its strong momentum on the NSE SME platform.

Day 1 Subscription Status (February 23, 2026)

On the first day of bidding, the Mobilise App Lab Ltd IPO recorded a healthy overall subscription of 2.28×. While institutional participation typically gathers pace toward the final days, the retail and non-institutional categories showed high early engagement.

Investor Category Subscription (Times)

Qualified Institutional Buyers (QIB)

0.00×

Retail Individual Investors (RII)

2.68×

Non-Institutional Investors (NII)

3.85×

Total

2.28×

The IPO’s strong initial response, with the NII segment already oversubscribed on Day 1, suggests high confidence in the company’s recurring revenue model and scalable technology infrastructure.

Mobilise App Lab IPO Price Band and Lot Size

The price band for the Mobilise App Lab Ltd IPO is set between ₹75 and ₹80 per share, with a face value of ₹10 per share. Investors can apply for a minimum of 2 lots (3,200 shares) and in multiples of 1 lot (1,600 shares) thereafter.

Investor Category Lots Shares Amount (₹)

Retail (Min/Max)

2

3,200

₹2,56,000

S-HNI (Min)

3

4,800

₹3,84,000

B-HNI (Min)

8

12,800

₹10,24,000

The pricing and lot structure are tailored for the SME segment, offering a clear entry point for investors interested in the high-growth software-as-a-service (SaaS) ecosystem.

For detailed insights about the company, issue particulars, and the latest updates, visit the Mobilise App Lab IPO on Bajaj Markets.

Mobilise App Lab IPO Dates and Timeline

The timeline below shows the key milestones for the Mobilise App Lab Ltd IPO:

Event Date Details

IPO Open Date

February 23, 2026

Issue opens for subscription

IPO Close Date

February 25, 2026

Final day to submit bids

Basis of Allotment

February 26, 2026

Finalization of share allotment

Refunds Initiation

February 27, 2026

Refunds begin for unallotted investors

Credit of Shares

February 27, 2026

Shares credited to successful applicants

Listing Date

March 2, 2026

Shares to debut on NSE SME platform

Note: These dates represent procedural milestones based on publicly available data and are intended for informational purposes only.

How to Apply for Mobilise App Lab IPO

Investors can apply for the Mobilise App Lab Ltd IPO using either the ASBA facility through your bank or via UPI on broker platforms.

Through ASBA (Net Banking)

This is a convenient and secure method where your application amount stays blocked until shares are allotted.

  1. Log in to your internet banking account.

  2. Go to the ‘Investments’ or ‘IPO Application’ section.

  3. Select ‘Mobilise App Lab Ltd IPO’ from the available list.

  4. Enter your preferred bid quantity and price.

  5. Confirm and submit your application.

  6. The bid amount will remain blocked in your account until allotment.

  7. Upon allotment, the amount will be debited, and shares credited to your Demat account.

Through UPI via Broker Platforms

You can apply using UPI through your stockbroker’s or financial marketplace’s online platform.

  1. Log in to your trading account or Demat account on your broker’s platform or financial marketplace.

  2. Navigate to the IPO section and select ‘Mobilise App Lab Ltd IPO’.

  3. Enter your application details including number of lots and price.

  4. Provide your UPI ID linked to your bank account.

  5. Approve the UPI mandate request on your UPI app (like BHIM, Google Pay, or PhonePe).

  6. Funds will be debited only upon share allotment.

  7. Once allotted, shares will be credited directly to your Demat account.

You can also check other Upcoming Ipo’s here: Upcoming IPO

Disclaimer

The information provided above is based on publicly available data from reliable financial news and market sources. Investors are advised to verify figures and consult financial experts before making investment decisions. Market conditions and subscription numbers are subject to change during the IPO window.

Sources

  • LiveMint — IPO News and Updates, https://www.livemint.com/market/ipo

  • Economic Times — IPO News: Latest IPO News, Upcoming IPO, https://economictimes.indiatimes.com/markets/ipo

  • Financial Express — IPO News, https://www.financialexpress.com/market/ipo-news/

  • NDTV Profit — IPOs, https://www.ndtvprofit.com/ipos

  • Business Today — IPO Corner: Latest IPO News & Analysis, https://www.businesstoday.in/markets/ipo-corner

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