Mopshop Distribution IPO
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Mopshop Distribution IPO details
Schedule of Mopshop Distribution
| Issue open date | 19 Aug 2026 |
| Issue close date | 21 Aug 2026 |
| UPI mandate deadline | 21 Aug 2026 (5 PM) |
| Allotment finalization | 24 Aug 2026 |
| Refund initiation | 25 Aug 2026 |
| Share credit | 25 Aug 2026 |
| Listing date | 26 Aug 2026 |
| Mandate end date | 05 Sep 2026 |
| Lock-in end date for anchor investors (50%) | 22 Sep 2026 |
| Lock-in end date for anchor investors (remaining) | 21 Nov 2026 |
Note: The schedule is tentative. The anchor lock-in period ends 30 days after the actual allotment date for 50% of the shares and 90 days after for the remaining portion. The allotment status can be checked on the registrar's website and the exchange website.
About Mopshop Distribution
Mopshop Distribution is engaged in the business of providing Facility Management Supplies through a business-to-business model. The company specializes in supplying a diverse portfolio of cleaning tools, hygiene consumables, and maintenance products, including microfiber cloths, surface disinfectants, sensor-based dispensers, biodegradable garbage bags, and vacuum cleaners. Mopshop Distribution serves an extensive client base across multiple industries such as Banking, Financial Services, and Insurance, construction, real estate, and healthcare, alongside various facility management companies. The company operates through a proprietary online order management platform, enabling efficient procurement for its roster of over 300 corporate clients across India. With its primary warehousing operations based in Vasai, Maharashtra, the company generates revenue by fulfilling bulk supply orders for functional, durable, and affordable housekeeping and hygiene products, catering specifically to the operational needs of enterprise customers.
Financials of Mopshop Distribution
Issue size
| Funds Raised in the IPO | Amount |
| Total issue size | 27.26 |
| Fresh issue- proceeds go to company | 22.08 |
| Offer for sale – Proceeds go to the existing investors |
5.18 |
Utilisation of proceeds
| Purpose | INR crores (%) |
| Repayment of outstanding borrowings | 11.5 (52.08%) |
| Purchase of commercial vehicles for logistics | 2.21 (10.01%) |
| Setup of rooftop grid solar power plant at Vasai warehouse |
1.05 (4.76%) |
| General corporate purposes | 7.32 (33.15%) |
Strengths
- Extensive presence across multiple geographical locations, serving over 300 corporate clients.
- Operations are streamlined by a proprietary B2B online order management platform.
- Diversified product portfolio covering various cleaning tools and hygiene consumables.
- Strong B2B client base spanning across BFSI, construction, real estate, and healthcare sectors.
- Experienced management team and promoters with a proven track record in distribution.
Risks
- The business could be adversely affected if customers reduce order frequency on the online B2B platform.
- The company generates the majority of its revenue from a single category of cleaning tools and hygiene consumables.
- Significant revenue is derived from regions surrounding warehouse locations, creating geographic concentration risks.
- Profitability depends heavily on the ability to manage and mitigate high logistical and transportation costs.
- Operations rely heavily on the continuous and uninterrupted functioning of its online order management system