New Delhi, India — September 6, 2025: Mobilise App Lab Limited (“Mobilise” or the “Company”), a SaaS and enterprise software provider across HR, facilities & asset management, supply chain, and education segments, has filed its Draft Red Herring Prospectus (DRHP) for a proposed SME initial public offering on NSE Emerge. The Issue is a 100% fresh issue of 25,12,000 equity shares; there is no offer for sale (OFS).
Offer snapshot
- Fresh issue: 25,12,000 equity shares of face value ₹10 each
- Market maker reservation: 1,26,000 equity shares
- Pre / Post issue equity: 70,00,000 shares pre-issue; 95,12,000 shares post-issue
- Proposed listing: NSE Emerge (SME)
- Promoters: Mr. Ashish Sharma, Mrs. Smriti Sharma, and Dr. Manish Sharma
- BRLM: Corporate CapitalVentures Pvt. Ltd. | Registrar: Bigshare Services Pvt. Ltd.
Objects of the Issue (indicative allocation)
Mobilise proposes to deploy the proceeds toward product development (talent acquisition) ~₹554.43 lakh, business development & marketing ~₹303.28 lakh, and infrastructure/security/cloud/devices/connectivity ~₹469.44 lakh; balance toward general corporate purposes.
Business overview
Mobilise delivers modular, cloud-first software spanning HRMS/HRIS (HRevO), asset & maintenance management (OpsSuite) with IoT integrations, supply chain (SCMPro), and education ERP (EduPro), serving multi-location enterprises and institutions.
Financial highlights (Standalone)
- Revenue: grew from ₹694.51 lakh (FY23) to ₹1,614.09 lakh (FY25)
- EBITDA: improved with margins rising from 33.16% (FY23) to 42.90% (FY25) (FY25 EBITDA ~₹692.47 lakh)
- PAT: up from ₹176.19 lakh (FY23) to ₹471.33 lakh (FY25); PAT margin 29.20%
- Net worth: increased to ₹826.10 lakh (FY25) from ₹206.50 lakh (FY23)
Revenue mix (₹ lakh):
- HRevO (HRMS): 285.25 → 852.13 (FY23 → FY25)
- OpsSuite (CMMS): 175.61 → 479.73
- SCMPro: 142.92 → 219.47
- EduPro: 90.73 → 62.76
Ashish Sharma, Director, Mobilise, said: “Enterprises want interoperable platforms that can be deployed quickly and scaled safely. Our modular SaaS stack is built for exactly that. This proposed IPO is aimed at accelerating product innovation, go-to-market, and infrastructure to serve customers better.”
Issue structure (as per DRHP)
- Book-built SME issue under SEBI ICDR Chapter IX
- Market Maker Reservation Portion: 1,26,000 equity shares
- Net Issue: 23,86,000 equity shares (balance after MM reservation)
About Mobilise App Lab Limited
Mobilise is a cloud-first SaaS company offering HRMS/HRIS, EAM/CMMS, helpdesk & case management, supply chain, and education ERP solutions for multi-site enterprises and institutions.
Advisors: Corporate CapitalVentures Pvt. Ltd. (Book Running Lead Manager); Bigshare Services Pvt. Ltd. (Registrar).
Investor & Media Contacts
Investor Relations: Amit Kumar, Company Secretary — +91 9289965136 — cs@mobilise.co.in
Important notice
This press release is not a prospectus, offer document, or an offer to sell/solicit securities. The Issue is subject to receipt of requisite approvals, market conditions, and other considerations. Investors should rely on the Red Herring Prospectus (when available) and statutory advertisements for making any investment decision. The DRHP is available on the NSE website and includes detailed risk factors, financial statements, and terms of the Issue.
