By Wealthova | Last Updated: August 14, 2026
Mopshop Distribution Limited, a fast-growing Indian enterprise established in 2018 and headquartered in Palghar, Maharashtra, is gearing up to make its primary market debut with an upcoming ₹27.26 Crore SME IPO. Operating as a dedicated distributor of facility management supplies, the company specializes in providing comprehensive housekeeping, hygiene, and facility management solutions to a wide B2B client base. The subscription window for this fixed-price issue opens on August 19 and closes on August 21, 2026. The issue price is fixed at ₹138 per equity share, comprising a fresh issue of ₹22.08 Crore (16,00,000 shares) and an Offer for Sale (OFS) of ₹5.18 Crore (3,75,000 shares) by the selling promoter. The company plans to utilize the fresh capital primarily for the repayment of certain outstanding borrowings, purchasing commercial vehicles, and installing a rooftop grid solar power plant at its Vasai warehouse, alongside general corporate purposes. Set to list exclusively on the BSE SME platform, market participants are closely watching this niche supply-chain and distribution stock. Below, we break down the financial health, risk factors, and our honest Smart Market Insights to help you decide if you should subscribe to this issue!
August 19, 2026
August 21, 2026
₹138 Fixed
1,000 Shares
(Min. 2 Lots for Retail)₹27.26 Cr
₹22.08 Cr
50% Allocation
₹10 Base
BSE SME
Established in 2018 and headquartered in Vasai, Maharashtra, Mopshop Distribution Limited operates as a prominent Business-to-Business (B2B) distributor of Facility Management Supplies (FMS). The company essentially acts as a one-stop digital procurement integrator for corporate housekeeping, cleaning, and hygiene materials across India.
The Mopshop Distribution IPO is a ₹27.26 Crore fixed-price SME issue, consisting of a Fresh Issue of ₹22.08 Crore and an Offer for Sale (OFS) of ₹5.18 Crore. The company will not receive any capital from the OFS portion, as those proceeds go directly to the selling promoters.
The net proceeds generated exclusively from the ₹22.08 Crore fresh issue will be deployed toward the following core operational and strategic objectives:
| 📅 Period Ended | 📈 Total Income | 💼 Net Worth | 💰 PAT | 🏦 Assets |
|---|---|---|---|---|
| FY 2023 | ₹30.02 | ₹1.25 | ₹0.81 | ₹13.51 |
| FY 2024 | ₹37.86 | ₹2.92 | ₹1.42 | ₹18.12 |
| FY 2025 | ₹42.00 | ₹6.74 | ₹3.48 | ₹23.81 |
| Financial KPI (FY25)* | Value |
|---|---|
| Return on Equity (ROE) | 51.56% (FY25) |
| Return on Capital Employed (ROCE) | 59.70% (FY25) |
| EBITDA Margin | 14.64% (FY25) |
| PAT Margin | 8.28% (FY25) |
| Debt to Equity Ratio | 0.76 (FY25) |
| Return on Net Worth (RoNW) | 51.56% (FY25) |
| Earnings Per Share (EPS) | ₹6.21 (Pre-IPO) | ₹4.83 (Post-IPO) |
| Price/Earning (P/E) Ratio | 22.22x (Pre-IPO) | 28.57x (Post-IPO) |
| Net Asset Value (NAV) | ₹12.04 (Pre-IPO) |
| Shareholder Category | Pre-IPO Holding | Post-IPO Holding |
|---|---|---|
| Promoter & Promoter Group | 100.00% | 72.57% |
| Public / Institutional / Others | 0.00% | 27.43% |
Mopshop Distribution Limited is promoted by Prakash Hakim Singh and Bunty Hakim Singh Gaur. Post-issue, the promoter group will retain a strong controlling stake of 72.57%, ensuring their continued strategic direction and commitment to the firm’s growth. The IPO comprises a ₹22.08 Crore fresh issue along with an Offer for Sale (OFS) of up to ₹5.18 Crore by existing promoters. The fresh capital raised will directly scale the firm’s operations by funding the repayment of certain outstanding borrowings, purchasing commercial vehicles, and installing a rooftop grid solar power plant at its Vasai warehouse, alongside general corporate purposes.
| Company Name | Basic EPS (₹) | P/E Ratio | RoNW (%) |
|---|---|---|---|
| Mopshop Distribution Ltd (IPO) | 6.21 | 22.22 | 51.56% |
| No Directly Comparable Listed Peers | N/A | N/A | N/A |
Mopshop Distribution Limited presents a highly specialized, fast-growing B2B opportunity within the facility management supply chain. By acting as a digital procurement integrator, the company has successfully standardized cleaning and hygiene supplies across multiple resilient sectors, including BFSI, healthcare, and IT parks. The financials reflect this scaling efficiency, with Total Income expanding to ₹42.00 Crore in FY25 and Profit After Tax (PAT) surging to ₹3.48 Crore. Operating with phenomenal return ratios—specifically an ROCE of 59.70% and an ROE of 51.56%—Mopshop demonstrates exceptional capital efficiency. Crucially, dedicating over 52% of the fresh issue proceeds toward debt repayment will further strengthen its balance sheet and improve net margins. However, at a fixed issue price of ₹138, the post-IPO P/E ratio sits at 28.57x, which prices in much of this near-term growth. Furthermore, the unusually high minimum investment requirement of 2 lots (₹2,76,000) restricts liquidity. For investors with a high-risk appetite and sufficient capital, this SME issue offers targeted exposure to India’s booming corporate facility management sector.
Disclaimer: The information provided above is for educational and informational purposes only and does not constitute financial advice. Initial Public Offerings (IPOs) carry market risks, and retail equities are subject to broader market fluctuations. Wealthova is not a SEBI-registered investment advisor. Always consult with a certified financial planner and conduct your own due diligence before locking up capital in any public issue.
| Role / Entity | Contact & Details |
|---|---|
| 📋 IPO Registrar |
Cameo Corporate Services Limited
Subramanian Building, No.1, Club House Road, Chennai – 600002, Tamil Nadu, India
Phone: +91-44-4002-0700
Email: investor@cameoindia.com
Website: cameoindia.com
|
| 🏢 Company Contact |
Mopshop Distribution Limited
Gala No. C/7, Sagar Industrial Estate 1, Near Parabwa Chinchoti, Vasai East, Palghar – 401208, Maharashtra, India
Phone: +91-90280-89131
Email: info@mopshop.in
Website: mopshop.in
|
| 💼 Merchant Banker |
Khandwala Securities Limited
Book Running Lead Manager
Phone: +91-22-4076-7373
Email: kslsupport@kslindia.com
Website: kslindia.com
|