New Delhi, March 2 -- Mobilise App Lab share price made a weak debut in the Indian stock market today, March 2. Mobilise App Lab share price was listed on Monday at Rs.64.10 apiece on NSE SME, a discount of nearly 20% from its issue price of Rs.80.

The stock hit a day's high of Rs.67.30 and low of Rs.61.25 in today's deals. It ended at Rs.67.30, down 15.88% from issue price.

The Mobilise App Lab IPO underperformed Street expectations, as seen from the grey market premium (GMP). The GMP for the IPO stood at Rs.4 per share, which indicated a likely listing price of around Rs.84 - translating to a premium of 5% over the upper end of the issue price band.

Mobilise App Lab IPO had witnessed exceptional subscription in the 3 days of bidding....