Mopshop Distribution IPO GMP, Date, Price Band & Review

Mopshop Distribution IPO Details

Mopshop Distribution IPO is a fixed-price SME public issue of ₹27.26 crore, comprising a fresh issue of 16,00,000 equity shares and an offer for sale (OFS) of 3,75,000 equity shares by promoter and selling shareholder Prakash Hakim Singh. The issue consists of 19,75,000 equity shares with a face value of ₹10 each, proposed to be listed on the BSE SME platform.

The issue price is fixed at ₹138 per share. The market lot is 1,000 shares; however, retail investors are required to bid for a minimum of two lots, or 2,000 shares. The minimum retail investment is therefore ₹2,76,000. The IPO will open for subscription from August 19 to August 21, 2026, and is tentatively scheduled to list on BSE SME on August 26, 2026. Khandwala Securities Limited is the book-running lead manager, while Cameo Corporate Services Limited is the registrar to the issue.

Mopshop Distribution IPO Date & Timeline

The Mopshop Distribution IPO is set to open for subscription on August 19, 2026 and close on August 21, 2026. Once the subscription window closes, the basis of allotment is expected to be finalised on August 24, 2026. Refunds are expected to be initiated and shares credited to successful investors’ demat accounts on August 25, 2026. The equity shares of Mopshop Distribution Ltd. are tentatively scheduled to list on the BSE SME platform on August 26, 2026.

Mopshop Distribution IPO GMP

“Grey Market Premium” or GMP is the unofficial premium at which IPO shares are traded before their official stock-market listing.

The Mopshop Distribution IPO GMP is currently trading at ₹1, reflecting the sentiment of unofficial investors before the official listing. This premium suggests a potential listing price of ₹139, which is 0.72% above the issue price. While the Grey Market Premium is a key indicator of demand and investor appetite, it is important to remember that GMP is highly volatile and should not be the sole factor in your investment decisions.

Company Background

Mopshop Distribution Ltd. was incorporated on June 6, 2018 and is engaged in the business of providing Facility Management Supplies (FMS). The company serves a diversified customer base across sectors including banking, financial services and insurance (BFSI), construction and real estate, healthcare, and facility-management companies. It has an operational footprint across multiple geographies and a client base of more than 300 customers across India.

The company operates from Gala No. C/7, Sagar Industrial Estate 1, Near Parabwa Chinchoti, Vasai Palghar, Thane, Maharashtra – 401208.

Operations and Product Range

Mopshop Distribution Ltd. operates in the Facility Management Supplies segment, supplying cleaning, hygiene and related consumables to institutional, corporate and facility-management customers. Its product portfolio includes microfiber cloths, surface disinfectants, sensor-based dispensers, biodegradable garbage bags, tissue papers, pedal bins, wringer buckets, vacuum cleaners, air fresheners, tool kits and related accessories.

The company’s business model involves sourcing, stocking and supplying these products to customers across multiple sectors. Its products are positioned around functionality, durability and affordability.

Facilities and Capacity

Mopshop Distribution operates from its warehousing facility at Vasai, Palghar, Maharashtra, which supports inventory storage, packing, dispatch and distribution operations. As a distribution-led FMS business, its operating capacity depends on warehousing capability, supplier relationships, logistics infrastructure, working capital and its ability to serve institutional customers efficiently.

The company proposes to deploy part of the IPO proceeds towards purchasing commercial vehicles for transportation and logistics and setting up a rooftop grid solar power plant at its Vasai warehousing facility.

Brands and Market Presence

Mopshop Distribution primarily operates as a business-to-business supplier of facility-management products rather than as a consumer-facing FMCG brand. Its market presence is based on its institutional customer relationships, supply capabilities and product range across cleaning, hygiene and facility-management categories.

The company serves customers in sectors such as BFSI, healthcare, construction and real estate, and facility-management services, with a customer base of more than 300 clients across India.

Revenue Streams and Business Model

Mopshop Distribution earns revenue through the supply of cleaning, hygiene and other facility-management consumables to corporate, institutional and facility-management customers. The company procures products from suppliers, maintains inventory and fulfils orders through its warehousing and logistics network.

The business is working-capital intensive, as it requires inventory funding, supplier payments, receivables management and efficient order fulfilment. Growth depends on customer retention, expansion of the institutional client base, product availability, supplier terms and logistical execution.

Financial Performance

Mopshop Distribution Ltd. reported strong financial performance in FY25, achieving revenue from operations of ₹41.99 crore, compared with ₹37.85 crore in FY24 and ₹30.02 crore in FY23. Profit after tax (PAT) increased by 144.37% to ₹3.47 crore in FY25 from ₹1.42 crore in FY24, compared with ₹0.81 crore in FY23.

EBITDA increased to ₹6.15 crore in FY25 from ₹2.92 crore in FY24, translating into an EBITDA margin of 14.65% in FY25 versus 7.71% in FY24. PAT margin improved to 8.26% from 3.75% during the same period. Net worth increased to ₹6.74 crore as of March 31, 2025, from ₹2.92 crore a year earlier, while total borrowings stood at ₹5.14 crore.

Management and Shareholding

Mopshop Distribution Ltd. is promoted by Prakash Hakim Singh and Bunty Hakim Singh Gaur. Prakash Hakim Singh is the selling shareholder in the offer for sale (OFS) of up to 3,75,000 equity shares. The IPO comprises a fresh issue of 16,00,000 equity shares and an OFS of up to 3,75,000 equity shares.

The company has 56,00,000 pre-issue equity shares. Following the fresh issue of 16,00,000 shares, the post-issue equity share capital will increase to 72,00,000 equity shares, an expansion of approximately 28.57%. The promoter and promoter group’s shareholding is expected to decline from 99.99% before the IPO to 72.57% after the IPO, while public shareholding is expected to increase from 0.01% to 27.43%. The post-issue public shareholding reflects both the new shares issued through the fresh issue and existing shares sold under the OFS.

Board and Key Management

The board of Mopshop Distribution Ltd. comprises executive, non-executive and independent directors responsible for strategy, governance and operational oversight. The promoter group, led by Prakash Hakim Singh and Bunty Hakim Singh Gaur, is central to the company’s business development, supplier relationships and distribution strategy. Anju Singh is identified as a Non-Executive Director, while Mukesh Kumar serves as Company Secretary.

The board and senior management team oversee procurement, trade relationships, inventory management, working capital, logistics and expansion into new distribution markets.