IPO Listed — 26 Aug 2026
Listing Price: ₹137
Mopshop Distribution SME IPO GMP History | Listing Price ₹137 & Kostak Rate
Mopshop Distribution SME IPO has been listed on August 26, 2026 at a listing price of ₹137, against the issue price of ₹138 — a loss of ₹1 (-0.72%). The GMP peaked at ₹22 on 18 August 2026 and reached a low of ₹1 on 26 August 2026. The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Mopshop Distribution SME IPO raised ₹27.26 Cr. through its IPO at a price band of ₹138 per share, with a lot size of 1000 shares. The IPO was open for subscription from 19 Aug 2026 to 21 Aug 2026.
GMP Trend Chart
Day-wise GMP Trend
| Date | GMP | ↑↓ | % | Kostak | Sub. Sauda |
|---|---|---|---|---|---|
| 26 Aug 2026 | ₹ 1 | 0.72% | ₹ 0 | ₹ 0 | |
| 25 Aug 2026 | ₹ 1 | 0.72% | ₹ 0 | ₹ 0 | |
| 24 Aug 2026 | ₹ 1 | 0.72% | ₹ 0 | ₹ 0 | |
| 23 Aug 2026 | ₹ 1 | 0.72% | ₹ 0 | ₹ 0 | |
| 22 Aug 2026 | ₹ 1 | 0.72% | ₹ 0 | ₹ 0 | |
| 21 Aug 2026 | ₹ 1 | 0.72% | ₹ 0 | ₹ 0 | |
| 20 Aug 2026 | ₹ 1 | 0.72% | ₹ 0 | ₹ 0 | |
| 19 Aug 2026 | ₹ 5 | 3.62% | ₹ 0 | ₹ 0 | |
| 18 Aug 2026 | ₹ 22 | 15.94% | ₹ 0 | ₹ 0 | |
| 17 Aug 2026 | ₹ 18 | 13.04% | ₹ 0 | ₹ 0 | |
| 16 Aug 2026 | ₹ 10 | 7.25% | ₹ 0 | ₹ 0 | |
| 15 Aug 2026 | ₹ 10 | 7.25% | ₹ 0 | ₹ 0 | |
| 14 Aug 2026 | ₹ 10 | 7.25% | ₹ 0 | ₹ 0 |
Mopshop Distribution SME IPO Dates
| Event | Date |
|---|---|
| Open Date | 19 Aug, 2026 |
| Close Date | 21 Aug, 2026 |
| Allotment Date | 24 Aug, 2026 |
| Refund Date | 25 Aug, 2026 |
| Credit to Demat | 25 Aug, 2026 |
| Listing Date | 26 Aug, 2026 |
Mopshop Distribution SME IPO Actual Listing Price
| Basis | Value |
|---|---|
| Issue Price | ₹138 |
| GMP-Based Estimate (Pre-Listing) | ₹139 (+0.7%) |
| Actual Listing Price | ₹137 (-0.72%) |
| Listing Gain / Loss | ₹-1 per share |
| Listing Date | 26 Aug, 2026 |
Is Mopshop Distribution SME IPO GMP Reliable?
Grey market premium for Mopshop Distribution SME IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:
- Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
- Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
- Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
- Cross-check before acting: Review the Mopshop Distribution SME IPO full review for a fundamentals-based assessment before making any grey market trades.
Mopshop Distribution SME IPO IPO Kostak Rate Explained
The Kostak rate for Mopshop Distribution SME IPO was not active during the subscription period, as no grey market premium was established. Kostak is the fixed amount a grey market buyer pays for an IPO application regardless of allotment outcome.
The Subject to Sauda price was not active for this IPO. Subject to Sauda only applies if allotment is confirmed — the buyer pays a premium on top of the issue price per lot allotted.
Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.
About Mopshop Distribution SME IPO
Its product range includes microfiber cloths, surface disinfectants, sensor based dispensers, biodegradable garbage bags, tissue papers, pedal bins, wringer buckets, vacuum cleaners, air fresheners, tool kits and related items. The products are chosen for regular use, long life and low cost.
The company sells to businesses across banking and insurance, construction and real estate and healthcare, and also supplies to facility management companies who do the housekeeping work at client sites. It has more than 300 clients across India. Orders are taken through an online order management platform built for it by an outside technology provider, supported by its own business development team. It has 115 employees working across 9 locations, with a warehouse at Vasai in Palghar.
Strengths & Risks
Strengths
- ✓ Sales have grown every year, from Rs 30.02 crore in FY2023 to Rs 37.86 crore in FY2024 and Rs 42.00 crore in FY2025.
- ✓ Profit after tax has grown faster, from Rs 0.81 crore in FY2023 to Rs 1.42 crore in FY2024 and Rs 3.48 crore in FY2025.
- ✓ The client base is wide, with more than 300 clients spread across banking, insurance, construction, real estate and healthcare, so it is not tied to one industry.
- ✓ Cleaning and hygiene consumables are repeat purchase items. Once a client is added, orders keep coming month after month.
- ✓ The company works from 9 locations, which helps it serve clients who have offices in more than one city.
- ✓ It has its own online order management platform, which makes repeat ordering easy for clients and helps keep them.
- ✓ Borrowing came down from Rs 6.59 crore in FY2024 to Rs 5.14 crore in FY2025 while net worth rose from Rs 2.92 crore to Rs 6.74 crore.
- ✓ Rs 11.50 crore of the issue money will repay borrowings, which will cut interest cost further.
Risks
- ⚠ The financial data in the offer document is old. The latest year shown is FY2025, ending 31 March 2025, so there is no FY2026 figure to judge the most recent performance.
- ⚠ The EBITDA figures in the offer document do not sit well with the profit figures. EBITDA is shown falling from Rs 6.15 crore in FY2023 to Rs 2.92 crore in FY2024 and Rs 1.39 crore in FY2025, while profit after tax rises over the same period. This needs to be checked in the RHP before relying on the margin trend.
- ⚠ This is a distribution business, which means the company mostly buys and resells. Such businesses usually work on thin margins and have low pricing power.
- ⚠ There is very little to stop a competitor. Cleaning consumables can be supplied by many vendors and clients can switch on price.
- ⚠ The company is small, with 115 employees and a net worth of Rs 6.74 crore, and is raising Rs 27.26 crore, which is much larger than its own funds.
- ⚠ The online ordering platform was built by an outside provider, so the company does not fully own that technology.
- ⚠ This is a fixed price issue at Rs 138 per share, so there is no price discovery through bidding.
- ⚠ This is an SME issue. One lot is 1,000 shares, which is Rs 1.38 lakh at the issue price, and SME shares usually trade in low volume after listing.
Frequently Asked Questions about Mopshop Distribution SME IPO
What is the GMP of Mopshop Distribution SME IPO?
The current Grey Market Premium (GMP) of Mopshop Distribution SME IPO is ₹ 1.
What is the Kostak Price of Mopshop Distribution SME IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Mopshop Distribution SME IPO is currently not available.
What is the Subject to Sauda Price of Mopshop Distribution SME IPO?
Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is currently not available.
What was the actual listing price of Mopshop Distribution SME IPO?
Mopshop Distribution SME IPO listed on August 26, 2026 at ₹137, against the issue price of ₹138 — a loss of -0.72%.
How did the GMP of Mopshop Distribution SME IPO trend before listing?
The GMP of Mopshop Distribution SME IPO was stable in its final days before listing. The GMP peaked at ₹22 on 18 August 2026. View the day-wise table above for the complete GMP history.
Explore Mopshop Distribution SME IPO Further
For a complete picture before making your investment decision, explore these resources:
