Support and Resistance Levels
Past performance
About Mobilise App Lab Ltd Mobilise App Lab Limited, an Indian Software-as-a-Service (SaaS) company, specializes in providing Enterprise Resource Planning (ERP) solutions to streamline and manage enterprise operations. Originally established as Mobilise App Lab LLP in 2013, the entity transitioned to a private limited company in July 2023 and is scheduled to become a public limited company in April 2025. Operating out of Haryana, the company caters primarily to B2B clients, delivering customizable digital platforms for various industries rather than selling directly to individual end-users.
The company’s flagship product portfolio spans multiple ERP solutions tailored for specific sectors. It started with EDUPro ERP in 2013, enabling educational institutions to manage key functions such as admissions, attendance, and academics. In 2016-17, it introduced OpsSuite ERP, a Computerized Maintenance Management System that supports businesses in asset tracking, inventory management, and preventive maintenance. The following year, Mobilise launched SCMPro ERP, focusing on end-to-end supply chain management with features covering Source-to-Contract (S2C) and Procure-to-Pay (P2P) processes. Further expansion in 2019-20 led to the development of HRevO, an ERP solution tailored for streamlining human resource management throughout the employee lifecycle.
Notably, the EDUPro ERP solution is widely used by educational institutions, collectively managing over 34,000 students. This highlights the company's ability to provide scalable, industry-focused solutions. Mobilise's core business model revolves around empowering enterprises by addressing operational inefficiencies through advanced technology.
The company is currently preparing for an Initial Public Offering (IPO) involving 25,12,000 equity shares priced at Rs. 10 each. This fundraising effort underscores the company's growth strategy and potential scaling plans in the SaaS and ERP markets.