Mobilise App Lab IPO, Feb. 26 -- The initial public offering (IPO) of software as a service IT solutions provider, Mobilise App Lab, concluded on Wednesday, February 25, with strong subscription of 100 times. After the bumper subscription, the focus is now on the share allotment of the SME IPO, which is likely to be finalised today, i.e., Thursday, February 26.

After the share allotment is done, successful bidders can expect shares credited to their demat accounts on Friday, February 27. Those who fail to get the allotment will get the refund on the same day. The stock is to list on the NSE SME on Monday, March 2.

Mobilise App Lab IPO saw an overall subscription of 100 times, with the retail segment booked 96 times, and the segment rese...