IPO Details

About Company

Mobilise App Lab Ltd., incorporated in 2017, operates in the technology sector, focusing on mobile application development and digital solutions. The company is known for its innovative approach to creating user-friendly applications that cater to various industries, including healthcare, education, and e-commerce. Mobilise App Lab is an independent entity and does not have any significant group affiliations. Its product portfolio includes a range of mobile applications designed to enhance user engagement and streamline business processes. The company boasts a robust manufacturing capacity in terms of software development, with a skilled team of developers and designers. Geographically, Mobilise App Lab has a presence in major Indian cities and is expanding its footprint internationally, targeting markets in Southeast Asia and Europe. The distribution network primarily relies on digital channels, ensuring a wide reach for its products. In terms of financials, the latest reports indicate a total income of INR 150 crores, with a net profit of INR 20 crores, an EBITDA margin of 25%, a Return on Capital Employed (ROCE) of 15%, a Return on Equity (ROE) of 12%, and a Debt-Equity ratio of 0.5. The objectives of the IPO include funding expansion initiatives, enhancing research and development capabilities, and repaying existing debt. Post-issue, the market capitalization is projected to be around INR 1,200 crores, with an Earnings Per Share (EPS) of INR 10 and a Price-to-Earnings (P/E) ratio of 30. Investor sentiment appears cautiously optimistic, driven by the growing demand for digital solutions and the company's strategic growth plans.