Mopshop Distribution IPO Day 1 Subscription Status: Issue Subscribed 0.12x So Far

Mumbai, August 19: The Mopshop Distribution IPO got off to a subdued start on Wednesday, with the ₹27.26 crore issue subscribed 0.12 times as of 10:43 am on the first day of bidding.

Retail investors have shown relatively stronger participation, with their portion subscribed 0.24 times. The non-institutional investor (NII) portion, however, has seen limited bidding so far at 0.01 times.

The fixed-price issue will remain open for subscription until August 21, giving investors two more bidding days.

Mopshop Distribution IPO Day 1 Subscription Status

By 10:43 am, investors had bid for 2,31,000 shares against 18,76,000 shares available for public subscription. The issue had received 118 applications at the time of the update.

The market maker allocation is not included in the public subscription figures.

Category-wise Mopshop Distribution IPO Subscription Status

Retail investors account for the bulk of the bids received so far. The NII segment has seen only a small portion of its reserved shares bid for during the opening session.

Mopshop Distribution Day-Wise Subscription Summary

The issue is currently on Day 1, so the figures below represent the first day’s cumulative subscription as of the latest available update.

Mopshop Distribution IPO Timeline

Brief Overview Of The IPO

Mopshop Distribution is looking to raise ₹27.26 crore through its fixed-price IPO. The issue consists of 19,75,000 shares, including a fresh issue of 15,01,000 shares and an offer for sale of 3,75,000 shares. Another 99,000 shares have been set aside for the market maker.

The net offer to the public stands at 18,76,000 shares, split equally between retail investors and other investors.

Mopshop Distribution, incorporated in 2018, operates in the facility management supplies segment. Its product range includes cleaning and hygiene products such as microfibre cloths, surface disinfectants, sensor-based dispensers, bio-degradable garbage bags, tissue papers, pedal bins, wringer buckets and vacuum cleaners.

The company caters to clients across sectors including banking, financial services and insurance, construction, real estate and healthcare. It also uses an online order management platform to support its distribution operations.

Khandwala Securities Ltd. is the book running lead manager for the issue, while Cameo Corporate Services Ltd. is the registrar.

Source:

• https://www.bseindia.com/markets/publicissues/displayipo?id=4752&type=FPO&idtype=1&status=L&IPONo=7901&startdt=19%2F08%2F2026