How to Check Mopshop Distribution IPO Allotment Status

Mopshop Distribution Limited is a facility management supplies (FMS) company incorporated in 2018 and headquartered in Vasai, Maharashtra. The company follows a primarily business-to-business (B2B) model, supplying cleaning tools, hygiene consumables and related facility-management products to corporate and institutional customers.  

Its customer base spans sectors such as banking, financial services and insurance (BFSI), construction and real estate, healthcare and facility management services. The company has built a client base of more than 300 customers across India.  

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 distributes these products through its warehousing network and technology-enabled order management platform.

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Mopshop Distribution IPO is a ₹27.26 crore fixed-price SME issue comprising 19.75 lakh equity shares. The issue includes a fresh issue of 16 lakh shares and an offer for sale of 3.75 lakh shares. The shares are proposed to list on the BSE SME platform.  

The IPO opened for subscription on August 19, 2026 and closed on August 21, 2026. The basis of allotment is scheduled for August 24, 2026, followed by refunds and credit of shares on August 25. The shares are tentatively scheduled to list on August 26, 2026.  

The IPO was offered at a fixed price of ₹138 per share, with a lot size of 1,000 shares. Retail investors were required to apply for a minimum of two lots, or 2,000 shares. Khandwala Securities Limited is the lead manager, while Cameo Corporate Services Limited is the registrar.  

Registrar: Cameo Corporate Services Limited

BSE: BSE IPO Allotment Status Page

Mopshop Distribution IPO Subscription Status 

Mopshop Distribution IPO was subscribed 1.59 times on August 21, 2026, based on the final subscription data provided. Individual Investors drove the demand for the issue, while the NII portion remained significantly undersubscribed. Final market data also shows Individual subscription at 2.91 times, NII at 0.27 times and overall subscription at 1.59 times.

The NII category received relatively weak demand throughout the bidding period. Subscription stood at 0.12 times on Day 1, declined to 0.06 times on Day 2 and eventually closed at only 0.27 times. 

Individual Investors showed considerably stronger interest. The category was already subscribed 1.44 times on the opening day, increased to 2.09 times on Day 2 and finally closed at 2.91 times.  

Overall subscription increased from 0.78 times on Day 1 to 1.07 times on Day 2, before closing at 1.59 times on Day 3. 

The subscription profile therefore shows a significant divergence between investor categories, with Individual Investors taking the IPO past full subscription despite weak participation from NIIs. 

Mopshop Distribution IPO Share Price and Investment Details 

Mopshop Distribution IPO was offered at a fixed price of ₹138 per share, with a lot size of 1,000 shares. Retail investors were required to apply for a minimum of two lots or 2,000 shares, resulting in a minimum retail investment of ₹2,76,000.  

The IPO has an issue size of approximately ₹27.26 crore, comprising 19.75 lakh shares, and is proposed to list on the BSE SME platform on August 26, 2026.  

The final subscription profile was relatively moderate compared with heavily oversubscribed SME IPOs. Individual Investors subscribed 2.91 times, while NII demand stood at just 0.27 times, taking the overall subscription to 1.59 times.  

The basis of allotment is scheduled for August 24, with refunds and credit of shares expected on August 25 ahead of the proposed listing.  

Utilisation of IPO Proceeds 

Mopshop Distribution proposes to utilise a portion of the IPO proceeds towards repayment of all or part of certain outstanding borrowings availed by the company.  

The company also plans to use the proceeds to purchase commercial vehicles for transportation and logistics purposes, which could support its distribution and delivery operations.  

Another portion is earmarked for capital expenditure towards setting up a rooftop grid solar power plant at its warehousing facility in Vasai, Maharashtra.  

The remaining eligible proceeds are proposed to be used towards general corporate purposes and offer-related expenses.  

Since the IPO includes an offer-for-sale component, the company will not receive proceeds attributable to the shares sold by the selling shareholder. The IPO comprises a fresh issue of 16 lakh shares and an OFS of 3.75 lakh shares.  

Business Overview 

Mopshop Distribution operates in the facility management supplies industry, focusing primarily on cleaning tools and hygiene consumables required by corporate offices, healthcare facilities, real estate businesses and professional facility management companies.  

The company has expanded its physical distribution infrastructure over the years. After establishing warehouses in Vasai and Mumbai, it added facilities in Bengaluru, Indore, Ahmedabad, Hyderabad, Gurugram, Chennai and Pune, giving it a multi-city distribution network.  

Its operating model combines this warehouse network with a customised online order management platform, allowing customers and the company to manage product ordering and distribution through digital infrastructure.  

The company had 115 employees operating across nine locations and served more than 300 customers across India, according to recent IPO information.  

Key strengths include its diversified facility-management product portfolio, presence across multiple Indian cities, established B2B customer base, technology-enabled order management system and warehousing and distribution infrastructure. 

Investors should also consider risks associated with dependence on cleaning tools and hygiene consumables for a significant portion of revenue, geographical concentration around warehouse locations, high transportation and logistics costs, dependence on uninterrupted functioning of its online order management system, competition in the facility-management supplies market and working-capital requirements.