Rentomojo IPO
Updated 11 Sept 2026, 5:03 pm.
Minimum investment (Retail)
₹14,948
1 lot · 37 shares at the upper price band
Price band
₹404
Latest GMP
₹143
+35.4% of the ₹404 upper band
Est. listing price
₹542
Issue size
₹1255.57 Cr
GMP history
Each point is a recorded observation from the scheduled data sync.
| Observed | GMP | Est. listing price |
|---|---|---|
| 11 Sept 2026, 5:03 pm | ₹143 | ₹542 |
| 11 Sept 2026, 5:01 pm | ₹138 | ₹542 |
| 11 Sept 2026, 12:50 pm | ₹140 | ₹542 |
| 11 Sept 2026, 12:49 pm | ₹138 | ₹542 |
| 11 Sept 2026, 8:05 am | ₹138 | ₹542 |
| 11 Sept 2026, 8:03 am | ₹138 | ₹542 |
| 11 Sept 2026, 7:00 am | ₹138 | ₹542 |
| 11 Sept 2026, 6:55 am | ₹138 | ₹542 |
| 11 Sept 2026, 6:50 am | ₹138 | ₹542 |
| 11 Sept 2026, 6:28 am | ₹138 | ₹542 |
| 10 Sept 2026, 6:17 pm | ₹140 | ₹548 |
| 10 Sept 2026, 5:37 pm | ₹143 | ₹548 |
| 10 Sept 2026, 5:30 pm | ₹144 | ₹548 |
| 10 Sept 2026, 5:00 pm | ₹143 | ₹548 |
| 10 Sept 2026, 4:59 pm | ₹144 | ₹548 |
| 10 Sept 2026, 12:56 pm | ₹143 | ₹548 |
| 10 Sept 2026, 12:55 pm | ₹144 | ₹548 |
| 10 Sept 2026, 11:20 am | ₹143 | ₹548 |
| 10 Sept 2026, 8:08 am | ₹144 | ₹548 |
| 10 Sept 2026, 6:13 am | ₹144 | ₹548 |
| 10 Sept 2026, 6:10 am | ₹144 | ₹548 |
| 10 Sept 2026, 6:09 am | ₹144 | ₹548 |
| 9 Sept 2026, 5:09 pm | ₹135 | ₹539 |
GMP is an unofficial, unregulated grey-market estimate — not a prediction of listing performance.
Issue details
- Board
- Mainboard
- Price band
- ₹404
- Issue size
- ₹1255.57 Cr
- Lot size
- 37
- Opens
- 9 Sept 2026
- Closes
- 11 Sept 2026
- Allotment
- 15 Sept 2026
- Listing
- 17 Sept 2026
- Est. listing price
- ₹542
- Listing price
- Awaited
- Listing gain
- Awaited
- Registrar
- Kfin Technologies Ltd.
- Minimum investment
- ₹14,948 (1 lot · 37 shares)
- Face value
- ₹1 per share
- Issue type
- Bookbuilding IPO
- Sale type
- Fresh capital cum OFS
- Fresh issue
- ₹150 Cr
- Offer for sale
- ₹1,106 Cr
- Listing at
- BSE, NSE
- Refunds
- 16 Sept 2026
- Shares credited
- 16 Sept 2026
- Promoter holding
- 21.49% before · 19.94% after
- Lead managers
- Motilal Oswal Investment Advisors Ltd., Axis Capital Ltd., IIFL Capital Services Ltd.
Offer documents & links
Subscription by category
As of 11 Sept 2026, 5:28 am.
Total subscription
7.78x
Full issue details
Details as published for this issue, read 11 Sept 2026, 8:17 am. Verify against the RHP before applying.
IPO Details
| IPO Date | 9 to 11 Sep, 2026 |
|---|---|
| Listing Date | Thu, Sep 17, 2026 T |
| Face Value | ₹ 1 per share |
| Price Band | ₹384 to ₹404 |
| Issue Price | ₹404 per share |
| Lot Size | 37 Shares |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Employee Discount | ₹ 20.00 |
| Total Issue Size | 3,10,80,978 shares (agg. up to ₹ 1,256 Cr) |
|---|---|
| Fresh Issue | 37,15,449 shares (agg. up to ₹ 150 Cr) |
| Offer for Sale | 2,73,65,529 shares of ₹ 1 (agg. up to ₹ 1,106 Cr) |
| Share Holding Pre Issue | 10,13,91,096 shares |
| Share Holding Post Issue | 10,51,06,545 shares |
IPO Timetable (Tentative)
- IPO Open
- Wed, Sep 9, 2026
- IPO Close
- Fri, Sep 11, 2026
- Allotment
- Tue, Sep 15, 2026
- Refund
- Wed, Sep 16, 2026
- Credit of Shares
- Wed, Sep 16, 2026
- Listing
- Thu, Sep 17, 2026
Issue Reservation
| Investor Category | Shares | % of Net Issue | % of Total Issue | Max Allottees |
|---|---|---|---|---|
| QIB | 1,55,14,447 | 50.00% | 49.92% | NA |
| − Anchor Investor | 93,08,667 | — | 29.95% | NA |
| − QIB (Ex. Anchor) | 62,05,780 | — | 19.97% | NA |
| NII (HNI) | 46,54,334 | 15.00% | 14.97% | NA |
| − bNII > ₹10L | 31,02,889 | — | 9.98% | 5,990 |
| − sNII < ₹10L | 15,51,445 | — | 4.99% | 2,995 |
| Retail | 1,08,60,113 | 35.00% | 34.94% | 2,93,516 |
| Preferential Reservations | ||||
| Employee | 52,083 | — | 0.17% | NA |
| Total | 3,10,80,977 | 100.00% | 100.00% | — |
Rentomojo IPO comprises a total issue size of 3,10,80,977 shares. The net offer to the public is 3,10,28,894 shares, after excluding 52,083 shares under a preferential allotment. Of the Net offer 1,55,14,447 (50.00%) are allocated to QIB , 46,54,334 (15.00%) allocated to NII 1,08,60,113 (35.00%) allocated to RII .
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 | 2442 | ₹9,86,568 |
| B-HNI (Min) | 67 | 2479 | ₹10,01,516 |
Investors can bid for a minimum of 37 shares and in multiples thereof.
IPO Subscription Details
IPO Anchor Investors
| Bid Date | Tue, Sep 8, 2026 |
|---|---|
| Shares Offered | 93,08,667 |
| Anchor Portion (₹ Cr.) | 376.07 |
| Anchor lock-in period end date for 50% shares (30 Days) | Thu, Oct 15, 2026 |
| Anchor lock-in period end date for remaining shares (90 Days) | Mon, Dec 14, 2026 |
Rentomojo IPO raises ₹ 376.07 crore from anchor investors . Rentomojo IPO Anchor bid date is September 8, 2026 .
📝 Anchor Investors Letter (PDF)
IPO Anchor Investors List
Investor Category Reservations
| Category | Limit | Cut-off |
|---|---|---|
| RII | Up to ₹2 Lakhs | Yes |
| sNII | ₹2 Lakhs – ₹10 Lakhs | No |
| bNII | Above ₹10 Lakhs | No |
| Employee (EMP) | Up to ₹5 Lakhs | Yes |
| Employee + RII/NII | Up to ₹5Lakhs (EMP) + RII/NII limits | Yes (EMP/RII) |
About Rentomojo Ltd.
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.
Competitive Strengths
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.
Company Financials (Restated)
| 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 |
| Reserves and Surplus | 291.71 | 182.94 | 138.94 |
| Total Borrowing | 187.59 | 154.58 | 147.22 |
| Amount in ₹ Crore |
Rentomojo Ltd.'s revenue increased by 45% and profit after tax (PAT) rose by 142% between the financial year ending with March 31, 2026 and March 31, 2025.
Recently Listed IPOs in E-Retail/ E-Commerce
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Meesho Ltd. | Mainboard | ₹5,421.20 Cr | ₹111 | -11.63 | ₹170.09 | +53.23% | ₹217.91 |
| Urban Co.Ltd. | Mainboard | ₹1,900.00 Cr | ₹103 | 59.71 | ₹166.83 | +61.97% | ₹164.56 |
| Acetech E-Commerce Ltd. | SME | ₹48.95 Cr | ₹112 | 19.56 | ₹117.60 | +5.00% | ₹144.00 |
View More »
IPO Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Repayment/ prepayment, in full or in part, of certain outstanding borrowings and accrued interest thereon availed by our Company | 70.00 |
| 2 | Payment of lease rental/ license fee for our warehouses and experience stores | 42.50 |
| 3 | General corporate purposes | — |
| Total | 112.50 |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
Key Performance Indicator (KPI)
| KPI | Mar 31, 2026 | Mar 31, 2025 |
|---|---|---|
| ROE | 43.51% | 26.67% |
| ROCE | 25.34% | 25.14% |
| Debt/Equity | 0.63 | 0.84 |
| RoNW | 43.51% | 26.67% |
| PAT Margin | 26.95% | 16.21% |
| EBITDA Margin | 41.48% | 43.55% |
| NAV | 28.65 | 17.81 |
| Price to Book Value | 14.10 | 22.68 |
IPO Valuation
| Valuation Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (₹) | 10.29 | 9.92 |
| P/E (x) | 39.26 | 40.73 |
| Market Cap at Offer Price | ₹4,096.20 Cr. | ₹4,246.30 Cr |
Disclaimer
The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2026 available in RHP.
The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of March 31, 2026 available in RHP.
Shareholding Structure
| Category | Pre IPO | Post IPO |
|---|---|---|
| Promoter and Promoter Group | 21.49% | 19.94% |
| Public | 78.51% | 80.06% |
| Total | 100% | 100% |
Company Promoter: Geetansh Bamania
.etc-Rk5dbsnpfiv5viur9flb:not(.show) table tbody > tr:nth-child(n + 6) { display: none; }
Offer For Sale - Selling Shareholders
| Name | Category | No. of Shares Offered | Amount (₹ cr.) |
|---|---|---|---|
| Geetansh Bamania | Promoter | 8,49,175 | 34.31 |
| Accel India IV (Mauritius) Ltd. | Corporate | 78,46,951 | 317.02 |
| Edelweiss Discovery Fund-Series I | Corporate | 28,82,794 | 116.46 |
| IDG Ventures India Fund III LLC | Corporate | 28,03,431 | 113.26 |
| ValueQuest S.C.A.L.E.Fund | Corporate | 27,13,418 | 109.62 |
| Madison India Opportunities V VCC | Corporate | 23,98,550 | 96.90 |
| Chiratae Trust represented by its trustee Vistra ITCL (India) Ltd.& acting through its investment manager, Naigama Investment Manager LLP | Corporate | 20,02,019 | 80.88 |
| GMO Payment Gateway Inc | Corporate | 15,12,800 | 61.12 |
| GMO GFF Ltd.Partnership | Corporate | 8,42,174 | 34.02 |
| MSIVC 2018V Venture Capital Investment Ltd.Partnership | Corporate | 7,53,647 | 30.45 |
| Pratithi Investment Trust, acting through its trustee S.Gopalakrishnan | Corporate | 7,19,315 | 29.06 |
| Rajeev Chitrabhanu HUF | Corporate | 3,07,000 | 12.40 |
| VCATs Management Services Trust-II | Corporate | 76,260 | 3.08 |
| Renaud Laplanche | Other | 7,55,405 | 30.52 |
| Gaurav Bamania | Other | 4,00,000 | 16.16 |
| Gautam Dalmia | Other | 2,54,130 | 10.27 |
| Nitish Mittersain | Other | 1,48,460 | 6.00 |
| Subodh Shinkar | Other | 1,00,000 | 4.04 |
| Total | — | 2,73,65,529 | 1,105.57 |
Rentomojo IPO Recommendations
| Review By | Subscribe | May Apply | Neutral | Avoid |
|---|---|---|---|---|
| Brokers | 6 | 0 | 4 | 0 |
| Members | 0 | 0 | 0 | 0 |
IPO Registrar
Kfin Technologies Ltd.
040-79615565
rentomojo.ipo@iiflcap.com
IPO Lead Manager(s)
Motilal Oswal Investment Advisors Ltd.
Axis Capital Ltd.
IIFL Capital Services Ltd.
Contact Details
Rentomojo Ltd. Address
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
9591874499
secretarial@rentomojo.com
Rentomojo IPO in the news
Recent coverage in the financial press. Headlines are the publishers' own; verify details with the RHP.
IPO STREET: RENTOMOJO, ARCIL, MANIPAL PAYMENTS & KARAMTARA — DECODED BY MONEYCONTROL RESEARCH
Moneycontrol.com · 11 Sept 2026
RentoMojo Raises Rs 3,761 Million From Anchor Investors Ahead Of IPO
Construction World · 11 Sept 2026
Rentomojo IPO subscribed 9.76 times so far on Day 3: Check allotment date and steps
Upstox · 11 Sept 2026
Rentomojo vs Asset Reconstruction vs Manipal Payment IPO Day 3: GMP, Subscription Status, Expected Listing Gain
NDTV Profit · 11 Sept 2026
Rentomojo IPO Day 3: Issue booked over 5x so far; GMP signals 34% premium
Moneycontrol.com · 11 Sept 2026
Rentomojo IPO Day 3 Subscription Status 11 Sep 2026
Univest · 11 Sept 2026
Rentomojo IPO Allotment Status: 2.82x Subscribed, Check Online
Univest · 11 Sept 2026
Rentomojo IPO Day 3: GMP at 33%, subscription reaches 4.71 times. Should you subscribe?
The Economic Times · 11 Sept 2026