Rentomojo IPO: Price Band, Lot Size, Financials & Review
Rentomojo IPO listed on BSE & NSE on Thu, 17 Sep 2026. The issue was subscribed 72.88x overall.
- Open Date
- 9 Sep 2026
- Close Date
- 11 Sep 2026
Last updated
- Price band
- ₹384 – ₹404
- Lot size
- 37 shares
- Min. investment
- ₹14,948
- Issue size
- ₹1,255.57 Cr
- Last GMP
- +₹86
- Subscribed
- 🔥 72.88x
Rentomojo IPO details
Rentomojo IPO is a ₹1,255.57 Cr book-building IPO on the Mainboard segment, listing on BSE & NSE. It combines a fresh issue of ₹150 Cr (11.95%) with an offer for sale of ₹1,105.57 Cr (88.05%) by existing shareholders. Only the fresh issue money goes to the company.
The issue was open from Wed, 9 Sep 2026 to Fri, 11 Sep 2026. Allotment was finalised on Tue, 15 Sep 2026, and the shares listed on BSE & NSE on Thu, 17 Sep 2026.
The price band is ₹384 to ₹404 per share and the lot size is 37 shares, so the minimum retail application is ₹14,948. Retail investors can apply for up to 13 lots (481 shares, ₹1,94,324).
KFin Technologies Limited is the registrar, and IIFL Capital Services Limited, Axis Capital Limited and Motilal Oswal Investment Advisors Ltd are the book running lead managers.
Grey market premium (GMP)
Day-wise GMP →The last Rentomojo IPO GMP before listing was +₹86 (+21.29% against the upper price band of ₹404), implying an estimated listing price of ₹490. Across 10 days of tracking, GMP ranged from +₹86 (16 Sep) to +₹160 (12 Sep).
| Last GMP | +₹86 |
|---|---|
| GMP vs upper band | +21.29% |
| Estimated listing price | ₹490 |
| Highest (12 Sep) | +₹160 |
| Lowest (16 Sep) | +₹86 |
Grey market trading is unofficial and unregulated. GMP is a sentiment indicator, not a guarantee of the listing price. See the Rentomojo IPO day-wise GMP.
Subscription
Day-wise subscription →Rentomojo IPO was subscribed 72.88x overall: QIB 177.29x, NII 67.93x and retail 15.59x.
| Category | Subscribed |
|---|---|
| QIB | 177.29x |
| NII | 67.93x |
| └ bNII (above ₹10 lakh) | 73.16x |
| └ sNII (₹2–10 lakh) | 57.45x |
| Retail | 15.59x |
| Employees | 21.03x |
| Total | 72.88x |
Final figures at the close of bidding on 11 Sep 2026. Category-wise bids, application-wise breakup and allotment chances are on the Rentomojo IPO day-wise and category-wise subscription page.
Share reservation by category
| Category | Shares offered | Share of issue |
|---|---|---|
| Anchor Investors | 93,08,667 | 29.95% |
| Qualified Institutions | 62,05,780 | 19.97% |
| Non-Institutional | 46,54,334 | 14.97% |
| └ BNII | 31,02,889 | 9.98% |
| └ SNII | 15,51,445 | 4.99% |
| Retail Investors | 1,08,60,113 | 34.94% |
| Employees | 52,083 | 0.17% |
| Total | 3,10,80,977 | 100.00% |
Shares offered include the anchor investor portion, which is allotted a day before the issue opens. Subscription figures exclude anchors, so category sizes on the subscription page are smaller.
Rentomojo IPO lot size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 37 | ₹14,948 |
| Retail (Max) | 13 | 481 | ₹1,94,324 |
| S-HNI (Min) | 14 | 518 | ₹2,09,272 |
| S-HNI (Max) | 66 | 2,442 | ₹9,86,568 |
| B-HNI (Min) | 67 | 2,479 | ₹10,01,516 |
Amounts at the upper end of the price band.
Issue structure and valuation
It combines a fresh issue of ₹150 Cr (11.95%) with an offer for sale of ₹1,105.57 Cr (88.05%) by existing shareholders. Only the fresh issue money goes to the company.
At the upper price band of ₹404, the issue is priced at 39.26x pre-issue earnings and 40.73x post-issue earnings per share.
The post-issue P/E is higher because the fresh issue adds new shares, which spreads the same profit over more shares.
Promoter holding falls from 21.49% before the issue to 19.94% after it.
| EPS (pre-issue) Latest earnings per share before the issue | ₹10.29 |
|---|---|
| P/E (pre-issue) Upper price band ÷ pre-issue EPS | 39.26x |
| EPS (post-issue) EPS on the enlarged share capital | ₹9.92 |
| P/E (post-issue) Upper price band ÷ post-issue EPS | 40.73x |
| Promoter holding (pre-issue) | 21.49% |
| Promoter holding (post-issue) | 19.94% |
Rentomojo Limited financials
Between 31 Mar 2025 and 31 Mar 2026, Income rose from ₹271.96 Cr to ₹394.09 Cr, and profit after tax rose from ₹43.11 Cr to ₹104.3 Cr. The PAT margin for 31 Mar 2026 was 26.47%.
| Period ended | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 641.12 | 449.87 | 366.20 |
| Total Income | 394.09 | 271.96 | 195.80 |
| Profit After Tax | 104.30 | 43.11 | 22.41 |
| EBITDA | 163.46 | 118.44 | 78.15 |
| Net Worth | 295.81 | 183.61 | 139.61 |
| Reserve & Surplus | 291.71 | 182.94 | 138.94 |
| Total Borrowings | 187.59 | 154.58 | 147.22 |
₹ in crore, as stated in the prospectus.
Key performance indicators
| KPI | Mar 2026 | Mar 2025 | Mar 2024 |
|---|---|---|---|
| ROE % | 43.51 | 26.67 | 27.70 |
| ROCE % | 25.34 | 25.14 | 16.82 |
| Debt / Equity | 0.63 | 0.84 | 1.05 |
| RoNW % | 43.51 | 26.67 | 27.70 |
| Pat Margin % | 26.95 | 16.21 | 11.63 |
Objectives
The company intends to allocate the net proceeds from the offering to the following objectives.
| Sr | Objective |
|---|---|
| 1 | Repayment/ prepayment, in full or in part, of certain outstanding borrowings and accrued interest thereon availed by our Company |
| 2 | Payment of lease rental/ license fee for our warehouses and experience stores (“Premises”) |
| 3 | General corporate purposes |
About Rentomojo Limited
Incorporated in April 2012, Rentomojo Limited is a technology-driven, full-stack direct-to-consumer (D2C) rental and subscription platform for furniture and appliances in India. The company enables consumers to access essential home products through flexible, long-term subscription plans, allowing them to rent, return, upgrade or relocate products without significant upfront purchases or long-term ownership commitments.
Its product portfolio includes beds, mattresses, sofas, wardrobes, washing machines, refrigerators, televisions and water purifiers, with 851,184 live products as of March 31, 2026. The company operates at the intersection of e-commerce, subscription and re-commerce, offering an integrated asset-lifecycle model covering procurement, product design, servicing, refurbishment, reverse logistics and multi-cycle redeployment.
As of March 31, 2026, Rentomojo had 253,825 live subscribers across 29 cities in India, supported by 82 experience stores and 20 warehouses with an aggregate warehousing area of approximately 538,933 sq. ft. Its integrated model helped the company achieve an 83.34% occupancy rate and an average delivery turnaround time of 2.35 days in FY2026.
Rentomojo’s technology platform supports asset tracking, demand forecasting, risk assessment, logistics optimisation and refurbishment management across the consumer and asset lifecycle. The company has also expanded into private-label furniture and appliances, including refrigerators and washing machines manufactured in partnership with Dixon Technologies (India) Limited, along with its own branded water purifiers.
The company has maintained profitability since FY2023 and benefits from recurring subscription revenues, multi-cycle asset deployment and an omni-channel operating model. Its asset-lifecycle approach is designed to extend product life, improve asset utilisation and capital efficiency, while reducing the need for incremental capital expenditure.
As of March 31, 2026, Rentomojo had 835 permanent employees and 1,772 contractual workforce personnel, supporting its operations across 29 cities in India.
Promoters
Geetansh Bamania
Contact details
Rentomojo Ltd
Second Floor, B Block, BHIVE Workspace no. 112,
AKR Tech Park “A” and 7th Mile, Hosur Road,
Krishna Reddy Industrial Area, Bommanahalli
Bangalore Metropolitan Region, Karnataka, 560068
Email: secretarial@rentomojo.com
Telephone: 9591874499 /9731814023
Website:https://www.rentomojo.com/
Rentomojo IPO FAQs
- What is the Rentomojo IPO price band?
- The Rentomojo IPO price band is ₹384 to ₹404 per share.
- What is the Rentomojo IPO lot size and minimum investment?
- The Rentomojo IPO lot size is 37 shares. The minimum retail investment is ₹14,948 for one lot at the upper price band. Retail investors can apply for up to 13 lots (481 shares), costing ₹1,94,324.
- When was Rentomojo IPO open for subscription?
- Rentomojo IPO was open for subscription from Wed, 9 Sep 2026 to Fri, 11 Sep 2026.
- What is the Rentomojo IPO subscription status?
- Rentomojo IPO was subscribed 72.88x overall: QIB 177.29x, NII 67.93x and retail 15.59x. Day-wise and category-wise figures are on the subscription page.
- What was the Rentomojo IPO GMP before listing?
- The last Rentomojo IPO GMP before listing was +₹86 (+21.29% against the upper price band of ₹404), implying an estimated listing price of ₹490. Across 10 days of tracking, GMP ranged from +₹86 (16 Sep) to +₹160 (12 Sep). GMP is an unofficial grey market indicator and can change quickly.
- What is the Rentomojo IPO allotment date?
- The Rentomojo IPO basis of allotment was finalised on Tue, 15 Sep 2026. You can check your allotment status on the KFin Technologies Limited website.
- What is the Rentomojo IPO listing date?
- Rentomojo IPO listed on BSE & NSE on Thu, 17 Sep 2026.
- Is the Rentomojo IPO a fresh issue or an offer for sale?
- It combines a fresh issue of ₹150 Cr (11.95%) with an offer for sale of ₹1,105.57 Cr (88.05%) by existing shareholders. Only the fresh issue money goes to the company.
- Who are the registrar and lead managers of the Rentomojo IPO?
- The registrar for the Rentomojo IPO is KFin Technologies Limited, and the book running lead managers are IIFL Capital Services Limited, Axis Capital Limited and Motilal Oswal Investment Advisors Ltd.
Data is compiled from the prospectus, stock exchanges and market sources and is for information only. It is not investment advice; read the RHP before applying.