Mumbai, March 2 -- The scrip was listed at Rs 64.10, a discount of 19.88% compared with the initial public offer (IPO) price. The stock is currently frozen at its upper limit of 5% over its listing price.

The counter hit a high of Rs 67.30 and a low of Rs 61.25. About 5.33 lakh shares of the company changed hands at the counter.

Mobilise App Lab's IPO was subscribed 20.06 times. The issue opened for bidding on 23 February 2026 and it closed on 25 February 2026. The price band of the IPO was fixed between Rs 75 to Rs 80 per share.

The IPO comprised fresh issue of 25,12,000 equity shares. The company intends to utilize the net proceeds for funding requirement in product development through talent hiring for the company, funding requireme...