Rentomojo IPO
GMP, Subscription, Price, Dates & Financial Details
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…
Open Date
Wed, 09 Sep 2026
Close Date
Fri, 11 Sep 2026
Price Band
₹ 384 – 404
Lot Size
37
Issue Size
₹ 1,255.57 Cr
Minimum Investment
₹ 14,948 (37 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
Rentomojo IPO is set to open its Initial Public Offering (IPO) for subscription on September 09, 2026. According to the Red Herring Prospectus (RHP), the IPO is a book-built issue with a total issue size of ₹1,255.57 Crore, comprising a fresh issue of 37.15 Lakh equity shares aggregating to ₹150.00 Crore and an offer for sale (OFS) of 2.74 Crore equity shares aggregating to ₹1,105.57 Crore by the existing shareholders.
The Rentomojo IPO will open for subscription on September 09, 2026, and close on September 11, 2026. The basis of allotment is expected to be finalized on September 15, 2026, while the shares are tentatively scheduled to be listed on the NSE and BSE on September 17, 2026.
The company has fixed the price band at ₹384 to ₹404 per share, with a lot size of 37 shares. Retail investors will require a minimum investment of ₹14,948 (based on the upper price band) to apply for one lot.
The IPO also includes a reservation for eligible employees, who will receive a discount of ₹20 per share.
KFin Technologies Limited is the registrar to the issue. IIFL Capital Services Limited, Axis Capital Limited, and Motilal Oswal Investment Advisors Ltd are the Book Running Lead Managers (BRLMs) to the issue.
Before investing in the Rentomojo IPO, investors should carefully review the company's financial performance, business model, IPO objectives, and risk factors disclosed in the offer documents. Investors should also ensure that they submit their applications before the subscription window closes on September 11, 2026.
Rentomojo IPO Timeline (Tentative)
- IPO Open Date
- Wed, 09 Sep 26
- IPO Close Date
- Fri, 11 Sep 26
- Basis of Allotment
- Tue, 15 Sep 26
- Initiation of Refunds
- Wed, 16 Sep 26
- Credit of Shares to Demat
- Wed, 16 Sep 26
- Listing Date
- Thu, 17 Sep 26 — BSE & NSE
Open Date
09 September 2026
Close Date
11 September 2026
Basis Of Allotment
15 September 2026
Listing Date
17 September 2026
IPO Subscription
Check Live Subscription →The Rentomojo IPO subscription Data Unavailable. Subscription data will be available once biddings start. Bidding is open from 10:00 AM to 5:00 PM on 09 September 2026
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 0 shares, representing 0% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 0 shares (0%), while Non-Institutional Investors (NIIs) receive 0 shares (0%).
| Category | Shares Offered | Shares Offered |
|---|---|---|
| Qualified Institutions | 0 | 0% |
| Retail Investors | 0 | 0% |
| Non-Institutional | 0 | 0% |
Financials Details(₹ in Crores)
| Particular | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 641.12 | 449.87 | 366.2 |
| Revenue | 394.09 | 271.96 | 195.8 |
| Profit After Tax | 104.3 | 43.11 | 22.41 |
| Net Worth | 295.81 | 183.61 | 139.61 |
| Reserve & Surplus | 291.71 | 182.94 | 138.94 |
| Total Borrowings | 187.59 | 154.58 | 147.22 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
Rentomojo Limited KPI Information
| Particular | Mar 2026 | Mar 2025 | Mar 2024 |
|---|---|---|---|
| ROE % | 43.51 | 26.67 | 27.7 |
| ROCE % | 25.34 | 25.14 | 16.82 |
| Debt / Equity | 0.63 | 0.84 | 1.05 |
| RoNW % | 43.51 | 26.67 | 27.7 |
| Pat Margin % | 26.95 | 16.21 | 11.63 |
Peers Comparison
No Peer Comparision Available
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.
Rentomojo IPO Promoters
Geetansh Bamania
Promoters Holding
Holding Pre Issue
21.49%
Holding Post Issue
19.94%
Rentomojo IPO Objective
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects.
Repayment/ prepayment, in full or in part, of certain outstanding borrowings and accrued interest thereon availed by our Company;
Payment of lease rental/ license fee for our warehouses and experience stores (“Premises”); and
General corporate purposes
Rentomojo Limited Address / 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/
IPO Snapshot
Rentomojo IPO Lot Size
The Rentomojo IPO has a lot size of 37 shares. Retail investors require a minimum investment of ₹14,948 by applying for 1 lot (37 shares). The maximum application allowed for the retail category is 13 lots (481 shares), requiring an investment of ₹1,94,324.
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 37 | 14,948.00 |
| Retail (Max) | 13 | 481 | 194,324.00 |
| S-HNI (Min) | 14 | 518 | 209,272.00 |
| S-HNI (Max) | 66 | 2,442 | 986,568.00 |
| B-HNI (Min) | 67 | 2,479 | 1,001,516.00 |
Issue Reservation
Book Running Lead Managers
- IIFL Capital Services Limited
- Axis Capital Limited
- Motilal Oswal Investment Advisors Ltd
IPO Documents & Links
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Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the Rentomojo IPO?
Rentomojo IPO is a Book-building IPO with a total issue size of ₹1255.57 crore. The Rentomojo IPO price band is ₹384 to 404 per share. The Rentomojo IPO subscription opens on Wed, Sep 9, 2026, and closes on Fri, Sep 11, 2026. The Rentomojo IPO will be listed on the BSE,NSE. KFin Technologies Limited is the registrar for the Rentomojo IPO.
When will the Rentomojo IPO open for subscription?
The Rentomojo IPO opens on Wed, Sep 9, 2026 and closes on Fri, Sep 11, 2026
What is Rentomojo IPO Price Band?
Rentomojo IPO Price Band is ₹384 to 404 per share.
What is Rentomojo IPO Lot Size?
Rentomojo IPO lot size is 37 shares, Retail investors need a minimum investment of ₹14948 based on the upper price band
What is the minimum investment for Rentomojo IPO?
The minimum investment for Rentomojo IPO is ₹14948, based on one lot of 37 shares at the upper price band of ₹404 per share.
How to apply for Rentomojo IPO?
Investors can apply for the Rentomojo IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Fri, Sep 11, 2026. The application amount remains blocked until the Rentomojo IPO allotment is finalized.
What is Rentomojo IPO Issue Size?
Rentomojo IPO issue size is ₹1255.57 crores.
What is the Rentomojo IPO Allotment Date?
Rentomojo IPO allotment date is Tue, Sep 15, 2026.
Who is the Rentomojo IPO Registrar?
The registrar for Rentomojo IPO is KFin Technologies Limited. Investors can go to KFin Technologies Limited website to check Rentomojo IPO allotment status, refund processing, and other IPO-related information.
What is the Rentomojo IPO GMP?
The Rentomojo IPO GMP (Grey Market Premium) is ₹40 as of Fri, Sep 4, 2026. Based on the upper price band of ₹404 per share, the estimated Rentomojo IPO listing price is ₹444, indicating a potential listing gain of approximately 9.90% over the issue price.
Who is the Rentomojo IPO Lead Manager?
The book-running lead managers (BRLMs) for the Rentomojo IPO are IIFL Capital Services Limited, Axis Capital Limited and Motilal Oswal Investment Advisors Ltd. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Rentomojo IPO Red Herring Prospectus (RHP).