ICICI Securities Limited
BSE NSE

Rentomojo Limited IPO

Mainboard Listed 19.42% • Listed @ ₹482.45
  • IPO Open Date
  • 9th Sep 2026
  • IPO Close Date
  • 11th Sep 2026
  • Allotment date
  • 15th Sep 2026
  • Listing date
  • 17th Sep 2026
  • Issue Size
  • ₹ 1256 Cr.
  • Issue Price Band
  • ₹ 384 to 404
  • Lot Size
  • 37 Share
  • Minimum Investment
  • ₹ 14948

Disclaimer: IPO details, GMP, subscription figures, and other related information are for informational purposes only and may not always be accurate or up to date. Please verify the latest details from official sources before investing.

About Rentomojo Limited

Rentomojo Limited is a Bengaluru-based technology-driven rental and subscription platform that enables consumers to rent furniture, home appliances, electronics, fitness equipment, and other lifestyle products through flexible monthly subscription plans. Founded in 2014, the company primarily caters to urban professionals, students, and young families seeking an affordable alternative to ownership. It operates a full-stack, direct-to-consumer (D2C) model, managing procurement, refurbishment, logistics, and after-sales support through its technology platform.

Over the years, Rentomojo has expanded its presence across major Indian cities and established itself as one of the country's leading rental platforms. The company filed its Draft Red Herring Prospectus (DRHP) with SEBI in March 2026 for its proposed IPO, aiming to raise fresh capital for debt repayment, warehouse and experience store lease payments, and general corporate purposes.

Key Offerings

  • Furniture rental for homes and offices
  • Home appliances, including refrigerators, washing machines, and air conditioners
  • Electronics rental, including laptops and other consumer devices
  • Fitness equipment rental
  • Subscription-based rental plans with flexible tenure options
  • Value-added services, including delivery, installation, maintenance, and product upgrades

Competitive Strengths

  • One of India's leading technology-driven furniture and appliance rental platforms
  • Full-stack D2C business model with in-house asset management, refurbishment, logistics, and customer support
  • Strong presence across major metropolitan cities, catering to India's growing urban and mobile workforce
  • Asset-light subscription model offering affordability and flexibility compared to outright purchases
  • Technology platform that streamlines customer onboarding, subscription management, and service requests
  • Demonstrated improvement in financial performance and profitability ahead of its proposed IPO
  • Well-positioned to benefit from increasing demand for the subscription economy, rental services, and flexible urban living solutions in India.
Read More

IPO Subscription Details

Category Shares Offered Shares Applied Subscription Times (x)
QIB (Ex Anchor) 62,05,779 (28.50%) 1,10,02,38,438 177.29
NII 46,54,335 (21.38%) 31,61,47,203 67.93
bNII (> ₹10L) 31,02,890 (14.25%) 22,70,15,424 73.16
sNII (< ₹10L) 15,51,445 (7.13%) 8,91,31,779 57.45
Retail 1,08,60,114 (49.88%) 16,93,29,945 15.59
Employee 52,083 (0.24%) 10,95,126 21.03
Total 2,17,72,311 (100.00%) 1,58,68,10,712 72.88
Updated on 2026-10-03 02:37:25

Grey Market Premium (GMP)

GMP Date IPO Price GMP Estimated Listing Price Estimated Profit* Last Updated
16-09-2026 ₹404 ₹125 ₹529 ( 30.94% ) ₹4,625.00 16-Sep-2026 10:25 AM
15-09-2026 ₹404 ₹158 ₹562 ( 39.11% ) ₹5,846.00 15-Sep-2026 10:18 AM
14-09-2026 ₹404 ₹160 ₹564 ( 39.60% ) ₹5,920.00 14-Sep-2026 10:14 AM
12-09-2026 ₹404 ₹160 ₹564 ( 39.60% ) ₹5,920.00 12-Sep-2026 12:08 PM
11-09-2026 ₹404 ₹140 ₹544 ( 34.65% ) ₹5,180.00 11-Sep-2026 04:08 PM
10-09-2026 ₹404 ₹143 ₹547 ( 35.40% ) ₹5,291.00 10-Sep-2026 10:15 AM
Disclaimer: Grey Market Premium (GMP) is an unofficial market indicator provided for informational purposes only. It may change at any time and should not be considered investment advice or a guarantee of listing gains. Please evaluate company fundamentals, financials, valuation, and subscription data, and consult a SEBI-registered financial advisor before making any investment decision.

Financials of Rentomojo Limited

A quick overview of the key Financial Performance of Rentomojo Limited.

Total Assets (₹ Cr)

Revenue (₹ Cr)

Profit after Tax (₹ Cr)

*All values are in Rs. Cr

Company Financials

Revenue decreased by 34%, Profit after Tax (PAT) increased by 42%, Total Assets increased by 22% between FY2025 and FY2026 (Sep).

Period Ended FY2023 FY2024 FY2025 FY2026 (Sep)
Revenue 120.10 192.70 265.96 176.61
Assets 178.96 366.20 449.87 550.38
Total Income 123.87 195.80 271.96 178.79
Profit After Tax 4.41 22.41 43.11 61.38
EBITDA 52.93 78.15 118.44 73.35
Net Worth 22.22 139.61 183.61 245.42
Reserves & Surplus 21.65 138.94 182.94 244.75
Total Borrowings 92.22 147.22 154.58 178.74
Amount in ₹ Crore

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

Key Performance Indicators (KPI)

KPI Latest
ROE (%) 28.61
ROCE (%) 12.33
RoNW (%) 28.61
PAT Margin (%) 34.33
EBITDA Margin (%) 41.02
Pre IPO
Post IPO
EPS (₹)
6.13
-
P/E (x)
-
-
Promoter Holding (%)
14.69
-
Disclaimer: KPI values are based on information disclosed in the IPO prospectus and are provided for informational purposes only.

IPO Lead Manager(s)

Lead Manager Details

  • Motilal Oswal Investment Advisors Limited

Lead Manager Details

  • Axis Capital Limited

Lead Manager Details

  • IIFL Capital Services Limited (formerly known as IIFL Securities Limited)

IPO Registrar

  • Registrar Name
  • KFin Technologies Limited
  • Phone
  • +91 40 6716 2222 / 1800 309 4001
  • Contact Person
  • M. Murali Krishna
  • SEBI Registration Number
  • INR000000221
  • Address
  • Registered Office: 301, The Centrium, 3rd Floor, 57, Lal Bahadur Shastri Road, Nav Pada, Kurla (West), Mumbai - 400070, Maharashtra, India; Corporate Office: Selenium Tower-B, Plot 31 & 32, Gachibowli, Financial District, Nanakramguda, Serilingampally, Hyderabad - 500032, Telangana, India

Company Contact Details

  • Company Name
  • Rentomojo Limited
  • Phone
  • 9591874499 / 9731814023
  • Contact Person
  • Deepika N Bhandiwad
  • Corporate Identity Number
  • U72200KA2012PLC063551
  • Address
  • Second Floor, B Block, BHIVE Workspace no. 112, AKR Tech Park “A” and 7th Mile, Hosur Road, Krishna Reddy Industrial Area, Bommanahalli, Bangalore 560068, Karnataka, India

Rentomojo Limited FAQs

The Rentomojo Limited IPO is a MAIN IPO with a total issue size of ₹ 1256 crores. The IPO price band is fixed at ₹384 to ₹ 404 per share, and the minimum lot size is 37 Shares. The Rentomojo Limited IPO will open on 9th Sep 2026, and will close on 11th Sep 2026. KFin Technologies Limited has been appointed as the registrar for the issue. The equity shares are proposed to be listed on BSE,NSE.

The Rentomojo Limited IPO opens on 9th Sep 2026 and closes on 11th Sep 2026.

The Rentomojo Limited IPO lot size is 37 Share, and the minimum amount required for application is ₹ 14948.

You can apply for the Rentomojo Limited IPO through your bank account using the ASBA facility or via your online trading and Demat account. To apply online, log in to your broker’s platform, select Rentomojo Limited IPO, enter the number of lots, choose your price within the price band, and submit the application. After submitting, approve the UPI mandate to block the required amount in your bank account. Once the IPO allotment is finalised, shares will be credited to your Demat account if allotted. If not allotted, the blocked amount will be released automatically.

The Rentomojo Limited IPO listing date is 17th Sep 2026.
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