Mopshop Distribution IPO Day 3 Subscription Status: Issue Subscribed 1.15x, Retail at 2.24x

Mumbai, August 21: The Mopshop Distribution IPO saw investor demand pick up on the final day of bidding, taking the ₹27 crore fixed-price issue to 1.15 times subscription by 10:19 AM on Friday. Individual investors were the main source of demand, with their portion already subscribed more than twice, while the NII category continued to lag behind.

The issue received bids for 21,64,000 shares against 18,76,000 shares available for public subscription. The total bid amount stood at ₹29.86 crore, based on the issue price of ₹138 per share. The IPO had recorded 1,107 applications by the time of the latest update.

The Mopshop Distribution IPO is a combination of a fresh issue of 15,01,000 shares worth ₹21 crore and an offer for sale of 3,75,000 shares aggregating to ₹5 crore. A further 99,000 shares have been reserved for the market maker. The IPO is being offered at a fixed price of ₹138 per share.

Mopshop Distribution IPO Subscription Status Day 3 (As Of 10:19 AM)

According to the latest subscription data, the IPO has received the following subscriptions:

• Overall: 1.15x
• Individual Investors: 2.24x
• NII: 0.07x
• Market Maker: 1.00x
• Total Applications: 1,107

Individual investors have emerged as the clear drivers of the issue on the final day. Their reserved portion has attracted bids for 21 lakh shares against 9.38 lakh shares on offer, taking the category’s subscription to 2.24 times.

The response from NII investors has been much weaker. The category had received bids for 64,000 shares against an offer of 9.38 lakh shares, leaving the portion subscribed at just 0.07 times.

Overall, the public portion has crossed the one-time mark, helped largely by the strong retail response. The market maker portion was fully covered at 1.00 times.

Day-Wise Subscription Trend

Investor participation has improved through the three-day bidding period, with the overall subscription moving above the one-time mark on the final day.

The subscription trend shows that individual investors remained active throughout the issue period. Their category moved from 1.44 times on Day 1 to 2.24 times by the final day. Overall subscription also improved from 0.78 times on the opening day to 1.15 times in the latest update.

The NII portion, however, stayed below full subscription throughout the bidding period, moving from 0.12 times on Day 1 to 0.07 times on Day 3.

IPO Details

• Issue Size: ₹27.26 crore
• Fresh Issue: 15,01,000 equity shares aggregating up to ₹21 crore
• Offer For Sale: 3,75,000 equity shares aggregating up to ₹5 crore
• Market Maker Reservation: 99,000 shares
• Issue Price: ₹138 per share
• Lot Size: 1,000 shares
• Minimum Retail Investment: ₹2,76,000 (2,000 shares)
• Minimum HNI Investment: ₹4,14,000 (3,000 shares)
• Listing Exchange: BSE SME
• Issue Type: Fixed Price IPO

Key Dates

• IPO Opens: August 19, 2026
• IPO Closes: August 21, 2026
• Tentative Allotment: August 24, 2026
• Refund Initiation: August 25, 2026
• Shares Credited To Demat Accounts: August 25, 2026
• Tentative Listing: August 26, 2026

About Mopshop Distribution Ltd.

Mopshop Distribution Limited, incorporated in 2018, operates in the facility management supplies segment. The company caters to clients across a range of industries, including banking, financial services and insurance, construction, real estate and healthcare, while also supplying products to facility management companies across different locations.

Its product range covers everyday cleaning and hygiene requirements, including microfiber cloths, surface disinfectants, sensor-based dispensers, biodegradable garbage bags, tissue papers, pedal bins, wringer buckets, vacuum cleaners, air fresheners, tool kits and related accessories.

Mopshop Distribution manages its sales through a customised digital infrastructure supported by an online order management platform developed through a third-party service provider. The company also has a dedicated business development team supporting its distribution operations.

The company had 115 employees operating across nine locations, according to the latest company information.

Conclusion

The Mopshop Distribution IPO crossed the full-subscription mark on its final day, reaching 1.15 times subscription as of 10:19 AM. The response was driven mainly by individual investors, whose portion was subscribed 2.24 times, while the NII category remained at 0.07 times.

With bidding closing on August 21, investors can now look ahead to the allotment process. The basis of allotment is expected on August 24, refunds and demat credit are scheduled for August 25, and the shares are tentatively set to list on the BSE SME platform on August 26.

Source:

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