| Annual Financials | Mar 2023 | Mar 2024 | Mar 2025 |
| Revenue | 30.02 | 37.85 | 41.99 |
| Expenses | 28.93 | 35.97 | 37.32 |
| Other Income | 0.00 | 0.01 | 0.01 |
| Total Revenue | 30.02 | 37.86 | 42.00 |
| Profit Before Tax | 1.09 | 1.89 | 4.68 |
| Net Profit | 0.81 | 1.42 | 3.48 |
Mopshop Distribution
Mopshop Distribution IPO
₹2,76,000
1.01 xOver-subscribedBidding Dates 19 Aug, 26 -21 Aug, 26
Min Investment ₹2,76,000
Lot Size1,000
Price Range ₹138 – ₹138
Issue Size ₹27.26 Cr.
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IPO Subscription Details
Retail Subscription Details
1.88 x
Non-Institutional Buyers (bHNI)
0.07 x
Total1.01 x
1.01 x IPO Timeline
IPO Offer Start
19 Aug,26
IPO Offer Ends
21 Aug,26
Allotment Finalisation
24 Aug,26
Refund Initiation
25 Aug,26
Listing of Shares
26 Aug,26
IPO Analysis
Strengths
The company operates warehouses in 7 cities (Ahmedabad, Hyderabad, Bangalore, Gurugram, Chennai, Pune and Indore) with 20,000 sq. ft. warehousing capacity, enabling proximity to clients, scalability of services, standardization and quality control, cost efficiency, and stronger client retention.
The company has developed a robust digital platform providing end-to-end solutions for order placement, tracking, inventory monitoring, and delivery scheduling, offering clients real-time order status, data-driven insights, and enhanced operational efficiency through automation.
The company's promoters Prakash Hakim Singh and Bunty Hakim Singh Gaur have vast knowledge and experience in supplying facility management supplies, with their understanding of industry requirements and entrepreneurship helping accelerate profitable growth.
Risks
The company operates a B2B platform serving over 300 clients but faces significant customer concentration, with the top 5 clients contributing 27.65% of revenue and top 10 clients representing 40.18% of total revenue for FY25. Loss of major facility management customers or reduction in order frequency could materially impact revenue and profitability.
The company generates majority of its revenue from cleaning tools and hygiene consumables across 11 product verticals. Any underperformance, reduced demand, or increased competition in this single category could disproportionately impact overall financial results and business performance.
The company demonstrates significant geographic concentration with Maharashtra contributing ₹2,803.55 lakhs (66.77%) of total revenue of ₹4,198.82 lakhs in FY25, followed by Haryana at ₹498.26 lakhs (11.87%). Economic downturns or disruptions in key regions could significantly impact revenue generation.
Objectives
The company proposes to utilize the net proceeds towards repayment of outstanding borrowings from Bank of India to reduce existing borrowings, reduce finance cost, assist in maintaining a favorable debt-equity ratio and enable utilization of internal accruals for further investment in business growth.
The company intends to purchase commercial vehicles including carrier trucks and Electric Vehicle tempos to strengthen transportation and logistics capabilities, ensure reliable last-mile connectivity and reduce dependency on third-party transporters across its warehouses.
The company proposes to utilize the proceeds for setting up rooftop grid solar power plant at its warehousing facility located at Vasai, Palghar, Thane to ensure adequate and cost-effective supply of electrical power and reduce electricity costs.
The company intends to deploy the balance net proceeds for general corporate purposes including strategic initiatives, partnerships, brand building, marketing activities, meeting operating expenses, working capital requirements and other purposes as approved by the Board.
The company proposes to utilize a portion of the net proceeds towards meeting various offer related expenses including fees payable to intermediaries, regulatory expenses, listing fees, printing and distribution costs, and other miscellaneous expenses.
Yearly Financial Results
Balance Sheet
| Balance Sheet | Mar 2023 | Mar 2024 | Mar 2025 |
| Total Assets | 13.51 | 18.12 | 23.81 |
| Current Assets | 13.35 | 17.59 | 22.99 |
| Fixed Assets | 0.16 | 0.53 | 0.82 |
| Total Equity & Liabilities | 13.51 | 18.12 | 23.81 |
| Total Liabilities | 12.26 | 15.20 | 17.07 |
| Current Liabilities | 12.15 | 14.87 | 16.75 |
| Non Current Liabilities | 0.11 | 0.34 | 0.32 |
| Total Equity | 1.25 | 2.92 | 6.74 |
Cash Flow
| Cash Flow | Mar 2023 | Mar 2024 | Mar 2025 |
| Net Cash Flow | 0.07 | 1.08 | 1.21 |
| Investing Activities | -0.15 | -0.22 | -0.09 |
| Operating Activities | -3.28 | -0.50 | 3.95 |
| Financing Activities | 3.50 | 1.81 | -2.64 |
About Mopshop Distribution
Mopshop Distribution Limited is a facility management supplies company incorporated in 2018 and headquartered in Vasai, Maharashtra. The company operates through a B2B model, providing cleaning tools and hygiene consumables to over 300 clients across various industries including BFSI, construction, healthcare, and facility management companies. The company distributes its products...more
Website
Managing DirectorPrakash Hakim Singh
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