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Home/IPO/Rentomojo IPO
Updated: 17-Sep 9:32
Rentomojo

Rentomojo IPO

ListedIPO

Listing at: BSE, NSE • Sector: Pending Review • Second Floor, B Block, BHIVE Workspace no. 112,AKR Tech Park “A” and 7th Mile, Hosur Road,Krishna Reddy Industrial Area, BommanahalliBangalore Metropolitan Region, Karnataka, 560068

Allotment status Not declared yet

Disclaimer: GMP values change dynamically. This data is strictly for educational purposes only and not an investment advice.

Live GMP Today
₹87 (21.53%)
Rating:4/5
Est. Listing Price
₹491
Est. Gain: +21.5%
Est. Profit / Lot
₹3,219
Per Retail Application
Price Band
₹404
Face Value: ₹1
Min. Retail Inv.
₹14,948
Lot: 37 Shares
Total Subscription
72.89x
Anchor: Yes

Rentomojo IPO GMP History

Genuine daily snapshots retained by the WeeStox backend

Disclaimer: GMP values change dynamically. This data is strictly for educational purposes only and not an investment advice.

GMP dateIPO priceGMPPremiumEst. profit / lotSubscriptionMovement
20 Sept 2026₹404+₹8721.53%+₹3,21972.89x↓ Down
14 Sept 2026₹404+₹15839.11%+₹5,84672.89x↑ Up
10 Sept 2026₹404+₹14134.90%+₹5,2174.71x↓ Down
09 Sept 2026₹404+₹14335.40%+₹5,2911.42x↑ Up
07 Sept 2026₹404+₹12530.94%+₹4,625-↓ Down
05 Sept 2026₹404+₹15839.11%+₹5,846-Flat

Explore the complete GMP movement

Open the chart and all available daily records.

Rentomojo IPO Details

IPO Date09 Sept 2026 to 11 Sept 2026
Listing AtBSE, NSE
Face Value₹1 per share
Price Band₹404
Lot Size37 Shares
Total Issue Size₹1255.57 Cr(₹1,255.57 Cr)
Fresh Issue37.15L shares (₹150 Cr)
Offer for Sale (OFS)₹1105.57 Cr (approx 2.74 Cr shares)
Issue TypeBook Built Issue IPO

Rentomojo IPO Timetable

IPO Open Date09 Sept 2026
IPO Close Date11 Sept 2026
Basis of Allotment15 Sept 2026
Initiation of Refunds15 Sept 2026
Credit of Shares to Demat15 Sept 2026
Listing Date17 Sept 2026
Cut-off time for UPI Mandate5 PM on 11 Sept 2026
Employee Discount₹20.00/share (Up to 52,083 shares)

Rentomojo IPO Reservation

CategoryReservationShares Offered
Anchor Shares Offered29.95%93,08,667
QIB Shares Offered19.97%62,05,780
HNI Shares Offered14.97%46,54,334
Retail Shares Offered34.94%1,08,60,113
Employee Shares Offered0.17%52,083
Total Shares Offered100.00%3,10,80,977

Rentomojo Anchor Details

PDF
Anchor Bid Date07 Sept 2026
Anchor Shares Offered93,08,667 Shares
Total Anchor Portion₹376.07 Cr
Lock-in 50% End Date14 Oct 2026 (30 Days)
Lock-in Rem. 50% Date13 Dec 2026 (90 Days)

Rentomojo IPO Lot Size

ApplicationLotsSharesAmount (Cut-off)Reserved Applications
Retail1 Lot37 Shares₹14,9482,93,517
sHNI14 Lots518 Shares₹2,09,2722,995
bHNI67 Lots2479 Shares₹10,01,5165,990

Rentomojo Promoter Holding

Pre-Issue HoldingDisclosed in RHP
Post-Issue HoldingTo be calculated

Rentomojo IPO Broker Consensus & Reviews

Institutional and brokerage house recommendations with verified review reports
Consensus:50% Positive (Apply)
Apply: 5 (50%)Neutral: 4 (40%)Not Rated: 1
Total: 10 Analysts
Broker / Research FirmRecommendationResearch Report
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SBICAP Securities Limited ApplyView Review
Ventura Securities Limited ApplyView Review
GEPL Capital Ltd ApplyView Review
Canara Bank Securities Ltd ApplyView Review
Bajaj Financial Securities Limited Not RatedView Review

Rentomojo IPO Live Subscription Status

Bidding demand breakdown by shares, institutional demand in ₹ Cr, applications & HNI funding cost
Overall Demand:72.89x
05:19 pm
Investor CategoryShares OfferedShares BiddedSubscription Times
QIBs62,05,78028,19,6960.45x
HNIs46,54,3345,40,66,21311.62x
↳ HNIs 10+31,02,8893,33,28,78610.74x
↳ HNIs 2+15,51,4452,07,37,42713.37x
Retail1,08,60,1134,59,15,2614.23x
Employees52,0832,25,2194.32x
Total2,17,72,31010,30,26,3894.73x

Rentomojo Limited Financial Information (Restated Consolidated in ₹ Crores)

Period EndedAssetsTotal IncomeProfit After TaxEBITDANet WorthTotal Borrowing
30 Mar 2026₹641.12 Cr₹394.09 Cr₹104.30 Cr₹163.46 Cr₹295.81 Cr₹187.59 Cr
30 Mar 2025₹449.87 Cr₹271.96 Cr₹43.11 Cr₹118.44 Cr₹183.61 Cr₹154.58 Cr
30 Mar 2024₹366.20 Cr₹195.80 Cr₹22.41 Cr₹78.15 Cr₹139.61 Cr₹147.22 Cr

Rentomojo Key Valuation & Financial KPIs

ROE43.51%
ROCE25.34%
Debt / Equity0.63x
P/E (Post IPO)40.73
EBITDA Margin41.48%
Market Cap₹4246.3 Cr

Rentomojo IPO Analysis

Review the company's key advantages and material business risks.

Strengths & Positives

Competitive advantages and operational merits

  • Rentomojo is a technology-driven, full-stack direct-to-consumer (D2C) platform offering furniture and appliance rental and subscription solutions across India. It is the largest online rental platform in this category based on live subscribers and subscription revenue in Fiscal 2025, according to the Redseer Report.

  • The company operates an integrated asset lifecycle model covering category management, procurement, refurbishment, servicing, reverse logistics, and multi-cycle redeployment. This model enables high asset utilisation and capital efficiency while supporting recurring rental revenue.

  • Rentomojo has maintained occupancy rates of over 80% across recent fiscals, supporting predictable and recurring revenue generation. The company also has a network of 100+ offline stores across various cities in India.

  • Consistently Profitable D2C Business: Rentomojo has been consistently profitable since Fiscal 2023, supported by predictable recurring revenues, acyclical performance, and high return on capital employed.

  • Leading Furniture and Appliance Rental Platform: The company is the largest online rental platform in its category based on live subscribers and subscription revenue in Fiscal 2025, according to the Redseer Report.

  • Integrated Asset Lifecycle Model: Its integrated business model combines e-commerce, subscription, and re-commerce capabilities across procurement, refurbishment, servicing, logistics, and asset redeployment. This creates a self-reinforcing business model focused on asset utilisation and efficiency.

About Rentomojo Limited

Rentomojo IPO is a book build issue of ₹1,255.57 crores. The issue is a combination of fresh issue of 37.15 lakh shares aggregating to ₹150.00 crores and offer for sale of 2.74 crore shares aggregating to ₹1,105.57 crores.Rentomojo IPO bidding opened for subscription on Sep 9, 2026 and will close on Sep 11, 2026. The allotment for the Rentomojo IPO is expected to be finalized on Sep 15, 2026. Rentomojo IPO will list on NSE and BSE with a tentative listing date fixed as Sep 17, 2026.Rentomojo IPO is set issue price band at ₹384 to ₹404 per share. The lot size for an application is 37 shares. The minimum amount of investment required by an individual investor (retail) is ₹14,948 (37 shares) (based on upper price).The issue includes a reservation of up to 52,083 shares for employees offered at a discount of ₹20.00 to the issue price.Motilal Oswal Investment Advisors Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue.Refer to Rentomojo IPO RHP for detailed Information.

Incorporated in April 2012, Rentomojo Limited is a technology-driven, full-stack direct-to-consumer (D2C) online rental and subscription platform for furniture and appliances in India.The Company provides consumers with affordable, flexible and long-term subscription plans for home furniture and appliances, enabling them to rent, return, upgrade and relocate products without the need for large upfront purchases or long-term ownership commitments. Its product portfolio includes essential home products such as beds, mattresses, washing machines, refrigerators, wardrobes, sofas, televisions and water purifiers, comprising 851,184 live items as of March 31, 2026. Rentomojo operates through an integrated asset-lifecycle model covering category management, product design, procurement, refurbishment, servicing, reverse logistics and multi-cycle redeployment. This full-stack approach enables the Company to manage its assets across multiple deployment cycles, improve occupancy and capital efficiency, and provide consistent service throughout the subscription lifecycle. The Company operates through an omni-channel model, combining its online ordering platform with 82 experience stores across India as of March 31, 2026. As of March 31, 2026, the Company had 253,825 live subscribers across 29 cities in India. It operates 20 warehouses with an aggregate warehousing area of 538,933 sq. ft. and has a network of trained service professionals and logistics partners supporting delivery, installation, maintenance, repairs, relocation and reverse logistics. The Company recorded an average delivery turnaround time of 2.35 days in Fiscal 2026 and maintained an occupancy rate of 83.34% during Fiscal 2026. The Company operates at the intersection of e-commerce, subscription and re-commerce, integrating its e-commerce, subscription and re-commerce stacks across the consumer and asset lifecycle. This model is designed to generate recurring revenue, extend asset life through refurbishment and redeployment, improve occupancy and reduce new capital expenditure. The Company has also expanded its product portfolio through private-label furniture and appliances, including refrigerators and washing machines manufactured in partnership with Dixon Technologies (India) Limited and its own branded water purifiers. As of March 31, 2026, Rentomojo had 835 permanent employees and 1,772 contractual workforce personnel, supporting its operations across 29 cities in India. • Consistently profitable D2C player since Fiscal 2023. • Strong subscriber base and extensive product portfolio. • Marquee institutional investors and established sponsorship base. • Predictable recurring revenues and high return on capital employed. • Omni-channel presence through online platform and experience stores. • Leading furniture and appliance rental and subscription platform in India. • Full-stack asset-lifecycle management supporting multiple asset deployments. • Integrated business model combining e-commerce, subscription and re-commerce.

Shariah Compliance Screening (AAOIFI Standard 21)

Business ActivityRequires ReviewImpermissible Revenue ≤ 5%
Debt-to-Assets Ratio29.26%Threshold ≤ 33% of Assets
Purification GuidanceStandard 0.5%Donate interest dividend fraction
Auditor Notes: Sector information not available — cannot screen business activity

Rentomojo IPO Documents & Reports

Official prospectus, reports and regulatory filings
Document TitleAuthority / HostStatusAction
Red Herring Prospectus (RHP)
Complete offer document filed with ROC & SEBI
SEBI / ROCAvailable View RHP
Draft Red Herring Prospectus (DRHP)
Initial regulatory draft submitted for public comments
SEBI FilingsFiled View DRHP
Anchor Investor Allocation Report
Allotment list to institutional bidders
BSE / NSE CircularDisclosed Anchor PDF
IPO Allotment Status & Basis of Allotment
Registrar query portal via PAN / Application No.
Kfin TechnologiesLive Portal Check Allotment
Corporate Website & Investor Relations
Official portal and financial reports
Issuer PortalActive Visit Portal

Rentomojo IPO Registrar & Lead Managers

Registrar of the Issue
Kfin Technologies
040-79615565
Book Running Lead Managers (BRLM)
  • Motilal Oswal Investment Advisors Ltd.
  • Axis Capital Ltd.
  • IIFL Capital Services Ltd.
Registered Office

Second Floor, B Block, BHIVE Workspace no. 112,AKR Tech Park “A” and 7th Mile, Hosur Road,Krishna Reddy Industrial Area, BommanahalliBangalore Metropolitan Region, Karnataka, 560068