Mobilise App Lab Limited IPO Review
Neutral75-75 · SME
✦
Analyst Verdict
Mobilise App Lab Limited IPO
Neutral
IPO at a Glance
Price Band
75-75
Issue Size
20cr
Min. Investment
₹1,20,000
Opens
2026-02-21
Closes
2026-02-23
Listing
2026-02-28
Category
SME
Key Strengths
✓Diversified SaaS ERP portfolio across HR, supply chain, education and asset management.
✓Strong revenue growth with improving profitability over recent years.
✓Asset-light, scalable B2B SaaS business model.
✓Established presence across multiple industries and states in India.
✓Promoter-driven leadership with domain and industry experience.
Key Risks
⚠High revenue concentration from top clients may impact stability.
⚠Dependence on Maharashtra for a significant share of revenue.
⚠Heavy reliance on the HRevO product for major revenue contribution.
⚠Past delays in statutory and regulatory compliance.
⚠Dependence on promoters and key personnel for business continuity.
Frequently Asked Questions
Should I apply for Mobilise App Lab Limited IPO?
Based on our analysis, our rating for Mobilise App Lab Limited IPO is: Neutral. Review the full analysis including strengths, risks, and financials on CheckIPO before making a decision.
What are the key risks of Mobilise App Lab Limited IPO?
High revenue concentration from top clients may impact stability. Dependence on Maharashtra for a significant share of revenue. Heavy reliance on the HRevO product for major revenue contribution.
What are the strengths of Mobilise App Lab Limited IPO?
Diversified SaaS ERP portfolio across HR, supply chain, education and asset management. Strong revenue growth with improving profitability over recent years. Asset-light, scalable B2B SaaS business model.
What is the price band of Mobilise App Lab Limited IPO?
The price band for Mobilise App Lab Limited IPO is 75-75. The IPO has closed.
Full Analysis Available
Financials, DRHP breakdown, peer comparison, shareholding pattern & more