Mopshop Distribution Limited is engaged in providing Facility Management Supplies (FMS) through a business-to-business (B2B) model. The company supplies cleaning tools and hygiene consumables to clients across sectors including banking, financial services and insurance, construction and real estate, healthcare, and facility management.
Its product portfolio 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 accessories. The company distributes its products through an online order management platform developed by a third-party service provider and a business development team.
Headquartered in Vasai, Maharashtra, the company operates warehouses in Ahmedabad, Hyderabad, Bangalore, Gurugram, Chennai, Pune, and Indore, with a total warehousing capacity of approximately 20,000 sq. ft. As of September 15, 2025, the company employed 115 employees and maintained a fleet of vehicles for deliveries.;
Founded in
2018
MD/CEO
Mr Prakash Hakim Singh
Parent organisation
Mopshop Distribution Ltd
Mopshop Distribution Financials
Revenue
Total Assets
Profit
All values are in ₹ Cr
Strengths & Risks
Strengths
Risks
The company operates warehouses across seven cities: Ahmedabad, Hyderabad, Bangalore, Gurugram, Chennai, Pune, and Indore. This provides a distributed warehousing network with a total capacity of approximately 20,000 sq. ft., enabling it to serve clients across multiple locations.
The company has a presence across multiple states in India. In FY25, it generated revenue from Maharashtra, Karnataka, Gujarat, Haryana, Madhya Pradesh, Telangana, and Tamil Nadu, with Maharashtra accounting for 66.77% of total revenue, followed by Haryana at 11.87%.
The company operates an online order management platform that allows clients to place orders, receive confirmations, track order status, and schedule deliveries. The platform is also integrated with its inventory and logistics processes, according to the company.
The company has a B2B client base across multiple industries. Its customers include businesses in BFSI, construction and real estate, healthcare, corporate offices, industrial parks, educational institutions, retail chains, and government establishments.
The company offers a broad portfolio of facility management supplies. Its products include 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.
The company has a logistics network covering warehousing, inventory handling, last-mile delivery and distribution. It claims that its strategically located facilities across key consumption centres help reduce transportation requirements and support faster delivery to clients.
The company has shown a consistent increase in revenue from operations and profit after tax. The revenue from operations increased from Rs 30.02 crore in FY23 to Rs 37.85 crore in FY24 and Rs 41.99 crore in FY25, while the PAT increased from Rs 0.81 crore to Rs 1.42 crore and Rs 3.48 crore during the same period.
The company generates a majority of its revenue from a single product category, namely cleaning tools and hygiene consumables. Any decline in demand for these products, increased competition, supply chain disruptions, or changes in customer preferences could adversely affect the company’s revenue and financial performance.
The company’s revenue is geographically concentrated, with Maharashtra contributing Rs 28.03 crore (66.77%) of its total revenue from operations of Rs 41.99 crore in FY25, followed by Haryana at Rs 4.98 crore (11.87%). Any adverse developments in these key regions, including economic slowdowns, increased local competition, regulatory changes, natural calamities, labour strikes or civil unrest, could hurt the company’s business and finances.
The company, its directors, promoters and KMP/SMP are involved in outstanding legal proceedings. Any adverse decisions could result in demands, interest, or penalties; impact the company’s cash flows and profit or loss; and divert management time and attention, which could adversely affect its business, results of operations, and financial condition.
The company serves a concentrated client base, with its top five clients contributing 27.65% and its top 10 clients contributing 40.18% of total revenue in FY25. Failure in the future to retain major clients, changes in their procurement volumes or business strategies, or financial difficulties faced by these clients could hurt the company’s business and profits.
The company operates in a fragmented and highly competitive B2B distribution market for cleaning supplies and facility management products, with competition from both organised distributors and unorganised local players. The relatively low barriers to entry and low switching costs for customers can increase pricing pressure and limit the company’s ability to maintain margins, while larger competitors or new entrants with greater financial resources or broader product offerings could adversely affect its market share, customer base, and profitability.
The company’s distribution business is working capital intensive, as it needs to maintain inventory across multiple product categories and warehouse locations while extending credit terms to corporate clients. The company reported negative cash flow from operating activities of Rs 0.50 crore in FY24 and Rs 3.28 crore in FY23, while investing activities resulted in negative cash flows of Rs 0.09 crore, Rs 0.22 crore, and Rs 0.15 crore in FY25, FY24, and FY23, respectively. Sustained negative cash flows or delays in customer collections could strain its financial resources and adversely affect its business and financial condition.
As of September 15, 2025, the company had secured borrowings of Rs 12.00 crore outstanding. Any inability to comply with these conditions could result in the lenders taking action, including recalling or cancelling credit facilities, which could adversely affect the company’s liquidity and operations.
Application details
For Mopshop Distribution IPO, eligible investors can apply as Individual investor.
Apply as
Price band
Apply range
Lot size
Individual investor
₹138 - ₹138
₹2 - ₹5 Lakhs
1000
About
Objective of Mopshop Distribution IPO Proceeds
Particulars
Estimated Amount (in ₹ Cr.)
Repayment of all or a portion of certain outstanding borrowings availed by the company
11.50
Purchase of Commercial Vehicles for transportation and logistical purposes
2.21
Funding of capital expenditure requirement towards setting up of Rooftop Grid Solar Power Plant at our Warehousing Facility located at Vasai, Palghar, Thane 401208
1.05
General Corporate Purposes
[.]
Total
[.]
Book Running Lead Managers & Registrar of Mopshop Distribution IPO
Book Running Lead Manager
Khandwala Securities Limited
Registrar to the Issue
Cameo Corporate Services Limited
Key Performance Indicators (KPIs) of Mopshop Distribution Ltd.
KPI
Value (for the year ended March 31, 2025)
ROE (%)
51.56
ROCE (%)
59.70
EBITDA Margin (%)
14.64
PAT Margin (%)
8.28
Debt/Equity Ratio
0.48
EPS (Basic) (Pre IPO) (₹)
6.21
Return on Net Worth (RoNW) (%)
51.56
Mopshop Distribution IPO Contact Details
Company Name
Mopshop Distribution Limited
Registered Office
Gala No. C/7, Sagar Industrial Estate 1, Near Parabwa Chinchoti, Kol., Vasai Palghar, Thane- 401208, Maharashtra, India