Summary
Subscription to the Rentomojo IPO shall commence on September 9, 2026, and conclude on September 11, 2026. The price band ranges from ₹384 to ₹404, and the total offer size is ₹1,255.57 crore.
The company offers services related to renting and subscribing to furniture, appliances, and electronics. The minimum lot size is 37 shares, meaning an investor must invest at least ₹14,948 at the upper price band.
The upper price band of the IPO is ₹404 per share. For the Retail Category, the maximum is 481 shares of ₹1,94,324; S-HNI Maximum is 2,442 shares of ₹9,86,568.
Rentomojo’s IPO is a main board issue with a total issue size of ₹1,255.57 crore. The IPO opening date is September 9, 2026, and the closing date is September 11, 2026. The price band has been set between ₹384 and ₹404, with a lot size of 37 shares.
The Basis of Allotment is expected on September 15, 2026, and listing of shares is expected on September 17, 2026, on both the BSE and NSE. Retail investors can apply for a minimum of 37 shares and a maximum of 481 shares.
In the case of the sNII category, the minimum application will be 518 shares at ₹2,09,272, while the maximum will be 2,442 shares at ₹9,86,568. For the bNII category, the minimum is set at 2,479 shares worth ₹10,01,516, while the upper limit is unspecified for the standard category.
Rentomojo IPO Key Details
Here is a quick look at the important details of the Rentomojo IPO :
| IPO Open Date | 9 September, 2026 |
| Close Date | 11 September, 2026 |
| Face value | ₹1 per share |
| Price Band | ₹384 to ₹404 |
| Issue price | – |
| IPO Lot Size | 37 shares |
| Offer for sale | 2,73,65,529 shares of ₹1 (₹1,105.57Cr) |
| Fresh issue | ~₹150 cr |
| Issue Type | Bookbuilding IPO |
| Listing at | BSE, NSE |
| Total Issue Size (₹ Crore) | 3,10,80,978 Shares (₹1,255.57Cr) |
| Minimum Investment | ₹14,948 (37 shares) |
Rentomojo IPO Timeline
The key dates for the Rentomojo IPO are given below:
| Bidding Opens | 9 September, 2026 |
| Bidding Closes | 11 September, 2026 |
| Allotment Planned For | 15 September, 2026 |
| Refunds Start On | 16 September, 2026 |
| Share Credit to Demat | 16 September, 2026 |
| Listing Scheduled | 17 September, 2026 |
| Cut-off for UPI mandate | 11 September, 2026 5:00 PM |
Rentomojo IPO Key Performance Indicators (KPIs)
Rentomojo IPO KPIs are presented in the following table:
| KPIs | FY 2026 | FY 2025 | FY 2024 |
| ROE (%) | 43.51% | 26.67% | 27.70% |
| ROCE (%) | 25.34% | 25.14% | 31.47% |
| Debt-Equity (times) | 0.63 | 0.84 | 1.05 |
| RoNW (%) | 43.51% | 26.67% | 27.70% |
| PAT Margin (%) | 26.95% | 16.21% | 11.63% |
| EBITDA Margin (%) | 41.48% | 43.55% | 39.92% |
| Price Book Value | 14.10 | 22.68 |
Rentomojo IPO Financials
Here is an overview of the company’s financial figures:
| Period | FY 2026 | FY 2025 | FY 2024 |
| Total Assets | 6,411.20 | 4,498.65 | 3,661.95 |
| Revenue from operations | 3,869.88 | 2,659.59 | 1,927.01 |
| Restated Profit After Tax | 1,042.99 | 431.06 | 224.12 |
(Amount in ₹ million)
Rentomojo IPO Subscription Status
| Date | QIB (Ex Anchor) | NII | Retail | EMP | Total |
|---|---|---|---|---|---|
| Sep 9 (Day 1) | 0.41 | 2.46 | 1.55 | 1.72 | 1.42 |
| Sep 10 (Day 2) | 0.45 | 11.60 | 4.20 | 4.25 | 4.71 |
Rentomojo IPO Grey Market Premium
The listing date for the Rentomojo IPO is expected on 17 September 2026, with a price range of ₹384-₹404 per equity share. Grey market premiums (GMPs) can fluctuate frequently because they are unofficial.
| GMP Date | GMP | Est. Listing Price (cap price + GMP) | Est. Profit* | Last Updated |
|---|---|---|---|---|
| 10-09-2026 | ₹141 ▼ | ₹545 (34.90%) | ₹5,217 | 10-Sep-2026 21:02 |
| 09-09-2026 Open | ₹143 ▲ | ₹547 (35.40%) | ₹5,291 | 9-Sep-2026 23:31 |
| 08-09-2026 | ₹134 ▲ | ₹538 (33.17%) | ₹4,958 | 8-Sep-2026 23:34 |
| 07-09-2026 | ₹125 ▼ | ₹529 (30.94%) | ₹4,625 | 7-Sep-2026 23:29 |
| 06-09-2026 | ₹149 ▼ | ₹553 (36.88%) | ₹5,513 | 6-Sep-2026 23:32 |
| 05-09-2026 | ₹155 ▲ | ₹559 (38.37%) | ₹5,735 | 5-Sep-2026 23:34 |
| 04-09-2026 | ₹79 ─ | ₹483 (19.55%) | ₹2,923 | 4-Sep-2026 23:31 |
Note: GMP represents sentiment in the unofficial market and should not be considered an indication of assured listing returns.
Rentomojo IPO Reservation
The share allocation for each investor category is outlined below:
| Investor Category | Reservation |
| Market Maker | – |
| QIB | Not more than 50% of the net offer |
| NIIs | Not less than 15% of the net offer |
| Retail Investors | Not less than 35% of the net offer |
| Total Shares | – |
Rentomojo IPO Lot Size
The applicable lot sizes for different investor categories are as follows:
| Application Type | Lots | Shares | Amount |
| Individual Investor – Minimum | 1 | 37 | ₹14,948 |
| Individual Investor – Maximum | 13 | 481 | ₹1,94,324 |
| S-HNI Minimum | 14 | 518 | ₹2,09,272 |
| S-HNI Maximum | 66 | 2,442 | ₹9,86,568 |
| B-HNI Minimum | 67 | 2,479 | ₹10,01,516 |
Rentomojo IPO Anchor Investors
The allotment status of the Rentomojo IPO is currently not yet available. As a result, information related to anchor bidding, share allocation, investment value, and lock-in periods will be added once it is disclosed.
Rentomojo IPO Prospectus
For more information on the Rentomojo IPO, check the links below:
About Rentomojo IPO
Incorporation: 2012
Managing Director: Geetansh Bamania
Rentomojo is a tech-based online rental and subscription portal that enables customers to enjoy furniture, appliances, electronics, workout machines, and other lifestyle products without purchasing them. The company provides rental solutions for home and individual use, with products delivered to customers via its online portal and experience stores.
It also offers repair, product upgrade, and relocation services, among others, which make it easier for customers to rent from the company. Rentomojo aims to offer affordable solutions to customers without necessarily requiring large capital investments. The company also caters to corporate clients with office furniture and appliance solutions.
| Issue Registrar | Kfin Technologies Ltd |
| Lead Manager | Motilal Oswal Investment Advisors Ltd, Axis Capital Limited, IIFL Capital Services Limited |
Rentomojo IPO Objectives
Funds received from the IPO will be directed towards the following purposes:
| Particulars | Amount (in ₹ Million) |
| Repayment/prepaymentof certain outstanding borrowings | 700 |
| Payment of lease rental/license fee for warehouse | 425 |
| General corporate purposes |
Strengths of Rentomojo IPO
There are some strengths of the business that need to be highlighted before considering Rentomojo’s IPO.
- Good number of subscribers and positioning of the company: At the end of March 2026, Rentomojo had 2,53,825 live subscribers across 29 cities. The company’s strong subscriber base makes it a well-positioned player in the organised rental market.
- Profitable business and growing revenue: Rentomojo’s revenue from operations increased from ₹1,927.01 million in FY24 to ₹3,869.88 million in FY26. At the same time, the restated profit after tax improved from ₹224.12 million to ₹1,042.99 million.
- Efficient utilisation of assets: The firm employs a holistic strategy encompassing procurement, renovation, maintenance, logistics, and redeployment. The firm’s asset occupancy was 83.34% in FY26, and its older assets continued to generate revenue for Rentomojo across multiple leasing cycles.
- Uniquely hard-to-replicate business model: Rentomojo has integrated subscriptions, asset management, logistics, collections, renovation, and technology into one system.
Risks of Rentomojo IPO
Although Rentomojo has been experiencing strong business growth, stakeholders must consider risks that could affect the company’s future revenue and cash flows. Some of the aspects that need to be considered here are:
- High dependency on rental business: During the financial year 2026, Rentomojo made 97.90% of its operating revenues from rental business activities. In this case, there is high dependence on demand for its services, and any demand reduction can adversely affect the company’s revenue, profitability, and cash flows.
- High level of borrowings: The total outstanding borrowings of Rentomojo as on 30 June 2026 stood at ₹2,583.34 million. High borrowing can adversely affect the company’s cash flows.
- Supplier and supply chain dependency: Rentomojo depends on its suppliers and manufacturers, who provide goods such as furniture and appliances. Any problem, such as poor product quality, higher procurement costs, and others, will adversely affect Rentomojo’s profits and customer satisfaction.
- Risk of brand and cybersecurity problems: The brand is of utmost importance to Rentomojo for both customer acquisition and retention. Rentomojo has also admitted to a data breach in April 2023, resulting in negative publicity. Any future incidents involving cybersecurity and service/product problems can be costly.
Rentomojo IPO Review
Rentomojo’s IPO is built around a business model that consists of renting furniture, appliances, and electronic items on a subscription basis. There has been healthy financial performance, with revenue from operations growing from ₹1,927.01 million in FY2024 to ₹3,869.88 million in FY2026.
An integrated supply chain, including procurement, refurbishment, logistics, and servicing, is one of the most important assets enabling this firm to offer rental services and deliver a great customer experience.
The business shows strong profitability and an established operating model, but the valuation remains an important factor to assess. They also operate in a business that requires continuous investment in rental assets, logistics, and maintenance.
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Rentomojo IPO FAQs
Rentomojo IPO is the issue of Rentomojo shares, a technology-based rental company providing furniture, home appliances, electronics, and other lifestyle items on a rental and subscription basis. The IPO will help the company raise funds for its business activities.
Applicants can subscribe to the Rentomojo IPO through stockbrokers or via UPI on online investment portals. All that the applicants need to do is choose the IPO, fill the required number of lots, and furnish the UPI mandate. The application amount will remain blocked in the bank till the allotment of shares.
The Rentomojo IPO can be evaluated based on the company’s business model, performance, valuation, and risks. The company has seen growth in its revenues and profits, but it is also carrying some borrowings and risks.
Expected returns will depend on the listing price of Rentomojo shares relative to the issue price. Market situation, demand for shares, valuation, and grey market premium may affect the listing price. Yet, the GMP is not official and cannot ensure the expected listing returns.
Rentomojo IPO opening day is expected to be September 9, 2026. Applications will be accepted from the opening date until the end of the subscription period. The Rentomojo IPO closing day will be September 11, 2026, as per the schedule.
Rentomojo IPO lot size is 37 shares. Applicants for the IPO must apply for at least one lot. If the price band is ₹404 per share, the cost of one lot will be ₹14,948.
The finalisation of the allotment basis for the Rentomojo IPO is set for September 15, 2026. This information can be obtained from the IPO registrar and the stock exchange website. Allotment of the shares will be credited to the investor’s demat account.
The listing of Rentomojo shares is set for September 17, 2026. This will happen on the BSE as well as the NSE platforms. The final listing price will be determined by market demand and supply at the time of listing.
