.png)
2 hours ago
19
Mobilise App Lab, a SaaS-based software solution provider through cloud-based platforms, plans to raise ₹20 crore through initial public offering on NSE Emerge platform.
The company will issue 25.12 lakh equity shares in the price band of ₹75-₹ 80 per equity share. The IPO will open for subscription on Monday.
The lot size will be 1,600 equity shares and investors have to place minimum bid for two lots (3,200 equity shares) and further bids can be in multiple of 1,600 equity shares.
The net proceeds from the IPO will be used to fund product development through talent hiring, funding business development and marketing activities aimed at driving the organization’s expansion across domestic markets among others.
CapitalVentures was appointed as the book running lead manager while Bigshare Services will be the Registrar to the issue.
Ashish Sharma, Promoter & Managing Director, Mobilise App Lab said over the years, the company has built a strong ERP portfolio addressing critical requirements in education, facility and asset management, supply chain, and human resource management.
As the company enters the public markets, the focus will remain on sustainable growth, continuous innovation, and long-term value creation, supported by a strong leadership team, robust technology platforms, and the growing adoption of digital enterprise solutions, he said.
Kulbhushan Parashar, Founder of CapitalVentures said the country’s enterprise software and SaaS market is witnessing strong growth, driven by increasing digital adoption across education, infrastructure, logistics and workforce management. Mobilise App Lab transition from a focused solution provider to a scalable, multi-solution SaaS platform positions it well to benefit from the growing demand for technology-led operational efficiency among B2B customers, he added.
Published on February 17, 2026
English (US) ·