Mobilise App Lab Limited IPO Opens On February 23, 2026

Mobilise App Lab Limited has officially opened its IPO for subscription on February 23, 2026. The company, engaged in providing SaaS-based enterprise ERP platforms across education, healthcare, procurement, and workforce management, seeks to raise ₹20.09 crore through a fresh issue of equity shares. The offering will be listed on NSE Emerge, targeting institutional and retail investors.  

Key Highlights  

• IPO size is ₹20.09 crore through 25.12 lakh equity shares  
• Price band set at ₹75–₹80 per share with a lot size of 1,600 shares  
• Anchor portion up to 7,13,600 shares; QIB allocation up to 4,76,800 shares  
• Retail investors minimum allocation not less than 8,35,200 shares  
• Funds to be utilized for product development, marketing, infrastructure, and talent acquisition  
• Subscription window open from February 23 to February 25, 2026  
• Tentative allotment date is February 26, 2026; listing expected by March 2, 2026  

Strategic Impact  
The IPO reflects Mobilise App Lab’s ambition to scale operations and strengthen its SaaS offerings amid rising demand for digital enterprise solutions. By raising funds, the company plans to accelerate product innovation, expand market reach, and enhance infrastructure. Analysts view the IPO as a significant step in positioning Mobilise App Lab within India’s growing SME tech ecosystem.  

Sources: Business Standard, PNN Press Release, Economic Times, NSE SME Updates