Mobilise App IPO Subscribed 100.01 Times on Day 3

Mobilise App Lab Limited's initial public offering (IPO) closed its three-day subscription window on an exceptional note, reaching 100.01 times overall subscription by 4:55 PM on Day 3 (February 25, 2026). The ₹20.10 crore book-build issue, priced at ₹75–₹80 per share, received bids for 16,72,17,600 shares against 16,72,000 shares on offer, with total applications reaching 32,106.
 

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Subscription Status of Mobilise App IPO

Category-Wise Subscription Details (Day 3, as of 4:55 PM)

Key Highlights - Day 3:

• Overall subscription reached an exceptional 100.01 times, showing extraordinary improvement from Day 2's 13.05 times.
• Individual investors showed exceptional confidence at 96.41 times, building substantially from Day 2's 17.13 times, indicating extraordinary retail demand.
• Qualified institutional buyers (ex-anchor) recorded a dramatic surge to 49.16 times on the final day, jumping from Day 2's 0.64 times, indicating strong institutional appetite emerging on Day 3.
• Total applications reached 32,106 on Day 3.
• Anchor investors fully subscribed their allocation of ₹5.71 crores on February 20, 2026.
• Market makers fully subscribed their allocation of ₹1.01 crores.

Key Highlights - Day 2:

• Overall subscription reached 13.05 times, showing substantial improvement from Day 1's 3.98 times.
• Non-institutional investors led Day 2 with 20.03 times, building from Day 1's 7.37 times, with bNII at 18.48 times and sNII at 23.13 times.
• Individual investors showed strong confidence at 17.13 times, building substantially from Day 1's 4.79 times.
• Qualified institutional buyers (ex-anchor) recorded negligible participation at 0.64 times on Day 2.

Key Highlights - Day 1:

• Overall subscription reached 3.98 times, reflecting strong initial investor interest in this SaaS-based IT solutions SME IPO.
• Non-institutional investors led opening day participation at 7.37 times, with bNII at 8.00 times and sNII at 6.11 times, indicating strong HNI appetite from Day 1.
• Individual investors showed solid confidence at 4.79 times on Day 1.
• Qualified institutional buyers (ex-anchor) showed negligible participation at 0.01 times on Day 1.

About Mobilise App Lab Limited

Incorporated in 2012, Mobilise App Lab Limited is a technology-driven SaaS-based IT solutions provider specialising in delivering innovative, scalable, and secure enterprise platforms that streamline business operations and foster digital transformation. Its product portfolio includes EduPro (ERP solutions for educational institutions), OpsSuite (Computerised Maintenance Management System), SCMPro (supply chain and procurement solutions), and HRevO (HRMS and employee lifecycle management), along with integrated facility and assets management, single sign-on, AI studio, and IoT applications.