Mopshop Distribution
OPENIPO Date: 19 Aug - 21 Aug 2026
Listing Date: 26 Aug 2026
Price Range
₹138 per share
Issue Size
27 Cr
Min Investment
₹1,38,000
Lot Size
1000 Shares
Schedule of Mopshop Distribution
Issue open date
19 Aug 2026
Issue close date
21 Aug 2026
UPI mandate deadline
21 Aug 2026 (5 PM)
Allotment finalization
24 Aug 2026
Share credit
25 Aug 2026
Listing date
26 Aug 2026
Mandate end date
5 Sept 2026
Issue size
| Funds Raised in the IPO | Amount |
|---|---|
| Overall | 27 Cr |
| Fresh Issue | 0.16 Cr |
| Offer for Sale | 0.04 Cr |
Allotment DetailsNew
| Allotment Timeline | Details |
|---|---|
| Allotment Date | 24 Aug 2026 |
| Allotment Link | {Link} |
Grey Market PremiumNew
Grey Market Premium (GMP) is the premium at which the shares are traded in the grey market. It gives a fair idea about the listing price of the IPO shares. The GMP can be positive or negative based on the demand and supply of the shares in the grey market.
| Date | Ipo Price | GMP | Estimated Listing Price |
|---|---|---|---|
| 19 Aug 2026 | ₹NaN | ₹NaN | ₹NaN (3.62%) |
| 18 Aug 2026 | ₹NaN | ₹NaN | ₹NaN (15.94%) |
| 17 Aug 2026 | ₹NaN | ₹NaN | ₹NaN (13.04%) |
| 16 Aug 2026 | ₹NaN | ₹NaN | ₹NaN (7.25%) |
| 15 Aug 2026 | ₹NaN | ₹NaN | ₹NaN (7.25%) |
| 14 Aug 2026 | ₹NaN | ₹NaN | ₹NaN (7.25%) |
Performance Mopshop Distribution
| Issue Price | Listing Gain | Current Market Price | P/L |
|---|---|---|---|
| ₹138 per share | .... | .... | .... |
About Mopshop Distribution
Mopshop Distribution Limited is a B2B distributor of facility-management supplies, primarily serving corporate and institutional customers across India. Its portfolio includes cleaning tools, hygiene consumables, disinfectants, garbage bags, dispensers, vacuum cleaners and other housekeeping products. The company uses a proprietary online ordering platform to simplify recurring procurement for customers and serves 300+ clients across sectors such as BFSI, healthcare, construction, real estate and facility management. It is headquartered/operationally based in Vasai, Maharashtra, with its business model focused on bulk supply and recurring B2B orders.
| Founded in | 2018 |
| Managing director | Prakash Hakim Singh |
| Parent organization |
Financial Overview
Strengths
- Strong profit growth: Revenue increased from ₹30.02 Cr in FY23 to ₹41.99 Cr in FY25, while PAT increased from ₹0.81 Cr to ₹3.48 Cr.
- Improving profitability: FY25 EBITDA margin was about 14.6%, PAT margin about 8.3%, and ROCE around 59.7%.
- Diversified B2B customer base: 300+ customers across several industries reduces dependence on a single sector/customer.
- Technology-enabled model: Its proprietary B2B ordering platform supports repeat ordering, budget tracking and order-status visibility, potentially improving customer retention and operational efficiency.
Risks
- Customer retention risk: Many customers are not tied to long-term formal contracts; customers could reduce orders, switch suppliers or buy directly from manufacturers.
- Geographic concentration: Maharashtra accounted for roughly 66.8% of FY25 revenue, creating significant dependence on one state/market.
- Debt requirement: The proposed IPO includes up to ₹11.50 Cr for repayment of borrowings, indicating that debt reduction is an important use of IPO proceeds.
- Competitive/price pressure: The company competes with local distributors, unorganised suppliers and manufacturers selling directly to customers; lower-priced alternatives could pressure margins and order volumes.
Subscription Figures
| Category | Subscription (No. of times) |
|---|---|
| Qualified Institutional Buyers (QIBs) | N/A |
| Non-Institutional Investors (NIIs) | 0.12 |
| Retail Individual Investors (RIIs) | 1.44 |
| Employee | N/A |
| Total | 0.78 |