Comparison between Mobilise App IPO and Narmadesh Brass Industries IPO.
Mobilise App IPO is a SME Fixed Price IPO proposed to list at NSE SME while Narmadesh Brass Industries IPO is a SME Fixed Price proposed to list at BSE SME.
| Mobilise App IPO | Narmadesh Brass Industries IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Corporate Capitalventures Pvt.Ltd. | Aryaman Financial Services Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Kfin Technologies Ltd. |
| Market Maker | SS Corporate Securities Ltd. | JSK Securities & Services Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Mobilise App IPO is up to ₹19.08 Cr whereas the issue size of the Narmadesh Brass Industries IPO is up to ₹42.52 Cr. The final issue price of Mobilise App IPO is ₹80.00 per share and of Narmadesh Brass Industries IPO is ₹515.00 per share.
| Mobilise App IPO | Narmadesh Brass Industries IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹75.00 per share | |
| Issue Price (Upper) | ₹80.00 per share | |
| Issue Price (Final) | ₹80.00 per share | ₹515.00 per share |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 1600 shares | 240 shares |
| Fresh Issue Size | 23,85,600 shares | 6,55,200 shares |
| Fresh Issue Size (Amount) | up to ₹19.08 Cr | up to ₹33.74 Cr |
| OFS Issue Size | 0 shares | 1,70,400 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹8.78 Cr |
| Issue Size Total | 23,85,600 shares | 8,25,600 shares |
| Issue Size Total (Amount) | up to ₹19.08 Cr | up to ₹42.52 Cr |
Mobilise App IPO opens on Feb 23, 2026, while Narmadesh Brass Industries IPO opens on Jan 12, 2026. The closing date of Mobilise App IPO and Narmadesh Brass Industries IPO is Feb 25, 2026, and Jan 16, 2026, respectively.
| Mobilise App IPO | Narmadesh Brass Industries IPO | |
|---|---|---|
| Anchor Bid Date | Feb 20, 2026 | |
| Issue Open | Feb 23, 2026 | Jan 12, 2026 |
| Issue Close | Feb 25, 2026 | Jan 16, 2026 |
| Basis Of Allotment (Tentative) | Feb 26, 2026 | Jan 19, 2026 |
| Initiation of Refunds (Tentative) | Feb 27, 2026 | Jan 20, 2026 |
| Credit of Share (Tentative) | Feb 27, 2026 | Jan 20, 2026 |
| Listing date (Tentative) | Mar 02, 2026 | Jan 21, 2026 |
| Anchor Lockin End date 1 | Mar 28, 2026 | |
| Anchor Lockin End date 2 | May 27, 2026 |
Mobilise App IPO P/E ratio is 11.88, as compared to Narmadesh Brass Industries IPO P/E ratio of 19.63.
| Mobilise App IPO | Narmadesh Brass Industries IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 96.00 | 99.92 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 70.65 | 71.84 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 11.88 | 19.63 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹76.10 Cr. | ₹159.69 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 49.99 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 75.40 | 23.29 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.01 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹6.73 | ₹26.23 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 57.05 | 49.99 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Mobilise App IPO Retail Individual Investors (RII) are offered 8,35,200 shares while in Narmadesh Brass Industries IPO retail investors are offered 8,35,200 shares. Qualified Institutional Buyers (QIB) are offered 4,76,800 shares in Mobilise App IPO and 0 shares in Narmadesh Brass Industries IPO.
| Mobilise App IPO | Narmadesh Brass Industries IPO | |
|---|---|---|
| Anchor Investor Reservation | 7,13,600 shares | 0 shares |
| Market Maker Reservation | 1,26,400 shares | 45,600 shares |
| QIB | 4,76,800 shares | 0 shares |
| NII | 3,60,000 shares | 4,12,800 shares |
| RII | 8,35,200 shares | 4,12,800 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 23,85,600 shares | 8,25,600 shares |
Mobilise App IPO subscribed 100.07x in total, whereas Narmadesh Brass Industries IPO subscribed 1.25x.
| Mobilise App IPO | Narmadesh Brass Industries IPO | |
|---|---|---|
| QIB (times) | 49.16x | |
| NII (times) | 175.72x | 1.92x |
| Big NII (times) | 195.13x | |
| Small NII (times) | 136.89x | |
| RII (times) | 96.52x | 0.44x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 100.07x | 1.25x |
