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Mopshop Distribution IPO Day 2 Subscription Status: Issue Subscribed 1.07x

Authored By HDFC SKY | Published at: Aug 20, 2026 05:56 PM IST

Mopshop Distribution IPO crossed the one-times mark on Day 2, with the issue subscribed 1.07 times as retail participation rose to 2.09 times by 5:04 PM on August 20, 2026.

Mopshop Distribution IPO Day 2 Subscription Status: Issue Subscribed 1.07x
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Mumbai, August 20: Mumbai, August 20: Mopshop Distribution IPO got fully booked on the second day of bidding, with the issue receiving bids for 20,16,000 shares against 18,76,000 shares offered to the public. The IPO was subscribed 1.07 times as of 5:04 PM on August 20, 2026.

The ₹27.26 crore fixed-price issue opened on August 19 and will close on August 21, 2026. The issue comprises a fresh issue of 15,01,000 shares aggregating up to ₹22.08 crore and an offer for sale of 3,75,000 shares worth up to ₹5.18 crore.

Mopshop Distribution has fixed the issue price at ₹138 per share. The lot size is 1,000 shares, while individual investors need to apply for at least 2,000 shares, requiring a minimum investment of ₹2.76 lakh.

Mopshop Distribution IPO Day 2 Subscription Status

As of 5:04 PM on August 20, the Mopshop Distribution IPO had received bids for 20,16,000 shares against 18,76,000 shares available for public subscription. This took the overall subscription to 1.07 times.

The retail portion saw the highest subscription among the public investor categories at 2.09 times. The NII/HNI portion stood at 0.06 times.

The issue had received 1,029 applications at the reported timestamp.

Category Subscription (x)
NII/HNI 0.06
Retail 2.09
Total 1.07

Category-wise Mopshop Distribution IPO Subscription Status

Category Shares Offered Shares Bid For Subscription (x) Total Amount (₹ Cr.) Total Applications
Market Maker 99,000 99,000 1.00 1.37
NII/HNI 9,38,000 54,000 0.06 0.75 0
Individual Investors 9,38,000 19,62,000 2.09 27.08 0
Total 18,76,000 20,16,000 1.07 27.82 1,029

Shares offered and total amount are calculated based on the issue price. The market maker portion is not included in the public subscription total.

Mopshop Distribution IPO Day- Wise Subscription Summary

Mopshop Distribution IPO started with an overall subscription of 0.78 times on Day 1. By the second day, the subscription had moved to 1.07 times, supported by stronger bidding in the individual investor category.

Date Day NII/HNI (x) Individual Investors (x) Total (x)
August 19, 2026 Day 1 0.12 1.44 0.78
August 20, 2026 Day 2 0.06 2.09 1.07

Mopshop Distribution IPO Timeline

IPO Milestone Date
Issue Open Date August 19, 2026
Issue Close Date August 21, 2026
Basis of Allotment August 24, 2026
Initiation of Refunds August 25, 2026
Credit of Shares August 25, 2026
Listing Date August 26, 2026

Brief Overview Of Mopshop Distribution IPO

Mopshop Distribution IPO is a ₹27.26 crore fixed-price issue of 19,75,000 shares. The fresh issue comprises 15,01,000 shares, while the offer for sale consists of 3,75,000 shares.

The IPO opened on August 19 and is scheduled to close on August 21, 2026. The shares are proposed to be listed on the BSE SME platform on August 26, 2026.

The company has fixed the issue price at ₹138 per share. The minimum retail application is 2,000 shares, or two lots, involving ₹2.76 lakh. HNI investors need to apply for at least 3,000 shares, requiring ₹4.14 lakh.

About Mopshop Distribution Limited

Mopshop Distribution Limited was incorporated in 2018 and operates in the facility management supplies segment. The company supplies products used across cleaning, hygiene and facility maintenance requirements.

Its product range includes microfibre cloths, surface disinfectants, sensor-based dispensers, bio-degradable garbage bags, tissue papers, pedal bins, wringer buckets, vacuum cleaners, air fresheners and tool kits.

The company serves clients across sectors including banking and financial services, construction and real estate, healthcare and facility management. It has a client base of more than 300 customers across India and distributes its products through an online order management platform developed through a third-party service provider, along with a dedicated business development team.

Khandwala Securities Ltd. is the book running lead manager, while Cameo Corporate Services Ltd. is the registrar to the issue. Prabhat Financial Services Ltd. is the market maker.

Source:

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