Mopshop Distribution made its stock market debut on the BSE at ₹137 per share, representing a 0.72% discount to its issue price of ₹138. According to reports from Business Standard, the stock was listed at the same price as its initial public offer (IPO), with trading activity showing a high of ₹137 and low of ₹137. The counter witnessed approximately 1.53 lakh shares changing hands during the debut session. As per Kotak Neo, the stock opened at ₹137 and closed at ₹138 the previous day, with today's trading session showing movement between ₹137.00 and ₹137.00.
The company's IPO was subscribed 1.56 times during its bidding period from 19 August 2026 to 21 August 2026. As reported by Business Standard, the issue comprised 19.75 lakh equity shares, including a fresh issue of 16 lakh shares and an offer for sale of 3.75 lakh shares by selling shareholder Prakash Hakim Singh. Following the issue, the promoters' holding will decline to 72.57% from the previous 99.99%. The IPO was priced at ₹138 per share with a price band of ₹138, and the retail category required a minimum application of ₹2.76 lakh and maximum of ₹2.21 lakh.
Mopshop Distribution, headquartered in Vasai, Maharashtra, operates in the B2B supply of facility management products including cleaning tools and hygiene consumables. According to Business Standard, the company serves over 300 clients across sectors such as BFSI, construction, real estate, healthcare and facility management. The company recorded revenue from operations of ₹44.59 crore and net profit of ₹5.17 crore for the 11-month period ended 28 February 2026. Founded in 2018, the company provides products and services used for managing and maintaining facilities, with its product portfolio including cleaning and hygiene products, microfiber cloths, surface disinfectants, sensor-based dispensers, and related accessories.
As reported by Business Standard, the company plans to utilize the net proceeds for repayment of certain outstanding borrowings, purchase of commercial vehicles for transportation and logistics, capital expenditure towards setting up a rooftop grid-connected solar power plant at its Vasai warehousing facility, general corporate purposes and offer-related expenses. The company had 89 employees as of 28 February 2026.
According to Kotak Neo, the stock has recorded a 52-week high and low of ₹137.00 as of 26 August 2026. The stock has declined by [-]% over the past six months and declined by 0% over the last year. The average price for the day stands at ₹137.00, with the stock showing minimal volatility in recent trading sessions.
