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Subscription Status · Feb 23 – Feb 25, 2026 · ₹75–80
The Mobilise App IPO subscription has recorded exceptional investor demand with an overall subscription of 100.15× as of Feb 25, 2026, indicating that investors applied for 100.15 times the number of shares on offer. All investor categories (institutional, HNI, and retail) have participated actively, making this one of the closely watched IPO openings.
Last updated: Feb 25, 2026, 9:11 PM IST
| Category | Shares Offered | Shares Bid For | Times Subscribed | Applications |
|---|---|---|---|---|
|
QIB
Qualified Institutional Buyers
|
476,800 | 23,441,600 |
49.16×
|
32 |
|
NII
Non-Institutional Investors
|
360,000 | 63,385,600 |
176.07×
|
6,912 |
|
bNII
Bids above ₹10L
|
240,000 | 46,958,400 |
195.66×
|
3,579 |
|
sNII
Bids below ₹10L
|
120,000 | 16,427,200 |
136.89×
|
3,333 |
|
Individual
Individual Investors
|
835,200 | 80,617,600 |
96.52×
|
25,193 |
|
Total
|
1,672,000 | 167,444,800 |
100.15×
|
39,049 |
How subscription built up across investor categories over time
Snapshot of each day's bidding activity
| Category | Offered | Bid For | Times | Applications |
|---|---|---|---|---|
| QIB | 476,800 | 4,800 | 0.01× | 1 |
| NII | 360,000 | 2,652,800 | 7.37× | 301 |
| bNII | 240,000 | 1,920,000 | 8.00× | 150 |
| sNII | 120,000 | 732,800 | 6.11× | 151 |
| Individual Investors | 835,200 | 3,961,600 | 4.74× | 1,238 |
| Total | 1,672,000 | 6,619,200 | 3.96× | 1,841 |
| Category | Offered | Bid For | Times | Applications |
|---|---|---|---|---|
| QIB | 476,800 | 305,600 | 0.64× | 2 |
| NII | 360,000 | 7,323,200 | 20.34× | 911 |
| bNII | 240,000 | 4,561,600 | 19.01× | 345 |
| sNII | 120,000 | 2,761,600 | 23.01× | 566 |
| Individual Investors | 835,200 | 14,169,600 | 16.97× | 4,428 |
| Total | 1,672,000 | 21,798,400 | 13.04× | 6,252 |
| Category | Offered | Bid For | Times | Applications |
|---|---|---|---|---|
| QIB | 476,800 | 23,441,600 | 49.16× | 32 |
| NII | 360,000 | 63,385,600 | 176.07× | 6,912 |
| bNII | 240,000 | 46,958,400 | 195.66× | 3,579 |
| sNII | 120,000 | 16,427,200 | 136.89× | 3,333 |
| Individual Investors | 835,200 | 80,617,600 | 96.52× | 25,193 |
| Total | 1,672,000 | 167,444,800 | 100.15× | 39,049 |
As of February 25, 2026, the Mobilise App IPO has been subscribed 100.15 times overall. The IPO is fully subscribed with strong investor demand indicating extremely high interest. A total of 39,049 applications received across all categories.
The Mobilise App IPO subscription window was open from February 23, 2026 to February 25, 2026. Investors could apply through their demat account or ASBA facility.
The Mobilise App IPO has a price band of ₹75 to ₹80 per share, with a lot size of 1,600 shares. Minimum retail investment: ₹120,000 (lower band) or ₹128,000 (upper band).
The QIB category has been subscribed 49.16 times. QIBs were offered 476,800 shares. Strong QIB subscription indicates high institutional confidence.
Overall NII: 176.07×. bNII (>₹10L): 195.66×, sNII (<₹10L): 136.89×. NII includes HNIs and corporate entities investing above ₹2 lakh.
Basis of allotment is on February 26, 2026. Check via the registrar's website, Bigshare Services Private Limited using your PAN number, application number, or DP/Client ID. You can also check on BSE/NSE websites or through your broker's app.
Mobilise App IPO is expected to list on March 02, 2026. Shares will list on NSE SME platform. Allotted shares are credited to your demat account 1 business day before listing.
A subscription multiple of 100.15× means investors have bid for 100.15 times the total shares available. Since the IPO is oversubscribed, not every applicant will receive shares, allotment happens via lottery (for retail) or proportionately (for other categories). Higher multiples generally reduce allotment probability.
Based on the current retail subscription of data pending, the estimated allotment probability for retail investors is Very Low. Only 1 lot likely via lottery if selected. If final subscription stays below 1×, all applicants are likely to get full allotment.
You can apply for Mobilise App IPO through: (1) ASBA (Application Supported by Blocked Amount) via your bank's net banking or mobile app, (2) UPI-based application through your broker's app (Zerodha, Groww, Angel One, etc.), or (3) directly via your demat account. The amount is blocked in your account and deducted only upon allotment. Applications were accepted from Feb 23 to Feb 25, 2026.
The grey market premium (GMP) reflects unofficial pre-listing trading sentiment. For the latest Mobilise App IPO GMP data, check the IPORise GMP page. Note: GMP is unofficial, speculative, and not a guaranteed indicator of listing price. Use it only as a sentiment signal alongside official subscription data.
New to reading subscription numbers? Read our guide on IPO subscription explained.
Subscription Opens Done
Feb 23, 2026Subscription Closes Done
Feb 25, 2026Basis of Allotment Done
Feb 26, 2026Listing on NSE Done
Mar 02, 2026Only 1 lot likely via lottery if selected.
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Higher subscription = lower allotment probability. Progress bars compare each category relative to the highest-subscribed category.
