Mopshop Distribution IPO Oversubscribed: ₹27 Cr Raised
By ThePip Desk
Mopshop Distribution’s SME IPO closes oversubscribed at 1.64x, with retail investors showing strong demand (2.91x). The ₹27 crore issue lists on BSE.
Mopshop Distribution Limited’s SME IPO closed on August 21, 2026, securing an overall subscription of 1.64 times. The retail portion saw higher demand, subscribed 2.91 times, for the ₹27 crore issue. This B2B company specializes in Facility Management Supplies.
IPO Snapshot
- Issue Size: ₹27 crore
- Price Per Share: ₹138
- Lot Size: 1000 shares
- Overall Subscription: 1.64 times
- Retail Subscription: 2.91 times
Incorporated in 2018, Mopshop Distribution supplies cleaning tools and hygiene consumables. Their B2B model serves diverse sectors including BFSI, construction, real estate, healthcare, and facility management. The company lists on the BSE.
Product Range
- Microfiber cloths
- Surface disinfectants
- Sensor-based dispensers
- Biodegradable garbage bags
- Tissue papers
- Vacuum cleaners
For the 11 months of FY26, Mopshop Distribution reported a revenue of ₹44.59 crore. During this period, the company’s EBITDA reached ₹37.79 crore, with a Profit After Tax (PAT) of ₹5.17 crore. Assets were recorded at ₹7.95 crore.
Proceeds Allocation
- Debt Repayment: 54.20%
- General Corporate Purposes: 29.20%
- Operational Expenses: 11.70%
- Capital Expenditure: 4.70%
Mopshop Distribution maintains warehouses across seven Indian cities, totaling approximately 20,000 square feet in capacity. They also utilize an online platform for streamlined order management, tracking, and deliveries.