Mopshop Distribution IPO

The Mopshop Distribution SME IPO is open between 19 Aug 2026 and 21 Aug 2026, offered at an issue price of ₹138 per share, and is set to list on BSE. The IPO seeks to raise ₹27.26 crore. Retail investors bid in lots of 1000 shares, a minimum application of ₹2,76,000.

Issue structure

The offer combines a fresh issue of ₹20.71 crore with an offer for sale (OFS) of ₹5.18 crore by existing shareholders. Money raised through the fresh issue goes to the company for its stated objects, while OFS proceeds go to the selling shareholders rather than the business.

Objects of the issue

Per the offer document, the company intends to deploy the net proceeds primarily toward repayment of all or a portion of certain outstanding borrowings availed by the company (₹11.98 crore), alongside general corporate purposes (₹3.31 crore). In all, 5 objects are disclosed — the full break-up is in the table above.

Financials

In FY2026, Mopshop Distribution reported revenue of ₹44.66 crore and a net profit of ₹5.18 crore. Revenue grew from ₹30.02 crore in FY2023 to ₹44.66 crore in FY2026 (+49.0%). Net worth stood at ₹11.92 crore at the end of FY2026. At the upper band, that puts the issue at roughly 22.2× FY2026 earnings (P/E), a figure worth comparing against listed peers in the sector.

Valuation

At the upper band, the issue is priced at 17.6× post-issue earnings and 7.87× book value, against a return on net worth of 43.43% and a debt-to-equity ratio of 1.02. These ratios come from the offer document and are for comparison, not a recommendation.

Promoters

The promoters of the company are <p>Prakash Hakim Singh, Bunty Hakim Singh Gaur, Anju Prakash Singh</p>. Promoter holding stands at 99.99% before the issue and comes down to 72.57% after listing.

Grey market premium (GMP)

In the unofficial grey market, Mopshop Distribution shares are quoted at a premium of ₹1 implying an expected listing around ₹139, about +0.7% over the upper band. Grey market premium is a sentiment indicator set by private dealers, not the company or the exchange — it moves quickly and is not a reliable predictor of the actual listing price.

Subscription

The Mopshop Distribution IPO was subscribed 1.59 times overall. The strongest demand came from retail investors at 2.91 times, with non-institutional investors (NII) at 0.27×.

What to weigh

When evaluating the Mopshop Distribution IPO, the data points most investors look at are the fresh-issue-versus-OFS split, the revenue and profitability trend, subscription demand across investor categories and the grey market premium. Grey market premium and subscription figures reflect short-term sentiment rather than long-term fundamentals; the figures on this page are for information only and are not investment advice.

About Mopshop Distribution

Incorporated on 6th June, 2018,&nbsp;Mopshop Distribution Limited is engaged in the business of providing Facility Management Supplies (FMS). The company serves an extensive and diversified client base, spanning across various industries like Banking, Financials and Insurance (BFSI), construction and real estate, healthcare and also caters to the needs and requirements of various facility management companies with an operational footprint across multiple geographical locations and a growing roster of over 300 clients across India. Product Portfolio includes cleaning and hygiene consumables: Microfiber cloths, Surface Disinfectants, Sensor-based Dispensers, Bio-degraadable Garbage Bags, Tissue Papers, Pedal Bins, Wringer Buckets, Vacuum Cleaners, Air Fresheners, Tool Kits, and related accessories - engineered for functionality, durability, and affordability. Competitve Strengths: Presence at Multiple Geographical Locations Online Order Management Platform Experienced Promoters Logistics Support &nbsp; &nbsp;