Mopshop Distribution coming with IPO to raise Rs 27.25 crore

Mopshop Distribution Mopshop Distribution is coming out with an initial public offering (IPO) of 19,75,000 equity shares of face value of Rs 10 each for cash at a fixed price of Rs 138 per equity share. The issue will open on August 19, 2026 and will close on August 21, 2026.

The shares will be listed on SME Platform of BSE. The share is priced at 13.80 times higher to its face value of Rs 10.

Book running lead manager to the issue is Khandwala Securities. Compliance officer for the issue is Nitisha Jain.

Profile of the company The company is engaged in the business of providing Facility Management Supplies (FMS). Headquartered in Vasai, Maharashtra, and established in 2018, the company has built a strong presence through its business-to-business (B2B) model.

With a focus on cleaning tools and hygiene consumables, 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. Its product portfolio includes cleaning and hygiene consumables such as 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.

The company distributes its offerings through its customised digital infrastructure by way of an Online Order Management platform developed through a third-party service provider and dedicated business development team. Its agile, asset-light operating model, coupled with a strong digital backend, allows it to efficiently manage procurement and fulfilment at scale.