Rentomojo

Rentomojo IPO

Upcoming

MainboardOpens 9 September 2026Closes 11 September 2026

Originally incorporated in 2012 as Edunetwork Private Limited, Rentomojo Limited is a technology-driven, full-stack D2C platform offering furniture and appliance rental solutions across India. Through an integrated…

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Price band
₹384 - ₹404
Issue size
₹1,255.57 Cr
Lot size
37 shares
Type
Mainboard
GMP
₹149 (+36.9%)
Est. listing
₹553
Est. profit / app
₹5,513
Retail quota
35.00%

Key ratios

As per RHP / filings
Face value
₹1
EPS
10.02
P/E ratio
40.32
RoNW
43.51%
ROE
43.51%
Debt / Equity
0.73
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Timeline

IPO Opens

9 Sept

IPO Closes

11 Sept

Allotment

15 Sept

Listing

17 Sept

IPO Timeline & Listing Details

EventDate
IPO Open Date9 September 2026
IPO Close Date11 September 2026
Allotment Date15 September 2026
Listing Date17 September 2026

Investment Categories

CategoryLotsAmount
Retail (Min)
1₹14,948
Retail (Max)Just less than ₹2,00,000
13₹1,94,324
SHNI (Min)Just above ₹2,00,000
14₹2,09,272
SHNI (Max)Below ₹10,00,000
66₹9,86,568
BHNIAbove ₹10,00,000
67₹10,01,516

IPO Reservation Details

CategoryReservation
QIB (Qualified Institutional Buyer)50.00%
NII (Non-Institutional Investor)15.00%
SHNI (Small Non-Institutional Investor)5.00%
BHNI (Big Non-Institutional Investor)10.00%
Retail35.00%
Total100.00%

IPO Objectives

  • Repayment/prepayment, in full or in part, of certain outstanding borrowings and accrued interest thereon availed by our Company (₹70.00 Cr).
  • Payment of lease rental/license fee for our warehouses and experience stores (₹42.50 Cr).
  • General Corporate Purposes.

Strengths

  • Highly integrated multi-stack D2C business model achieving strong margin efficiency and recurring subscription revenue (97.90% of FY26 total operations).
  • Consistent profitability since FY23, demonstrating robust 115.72% PAT CAGR between FY24 and FY26 alongside high Return on Net Worth (43.51% in FY26).
  • Strong asset utilization capabilities, maintaining steady occupancy rates of over 82% combined with robust refurbishment workflows enhancing asset lifecycle value.
  • Scalable technology architecture leveraging Machine Learning models to optimize localized inventory distribution, demand prediction, and risk underwriting.

Weaknesses

  • Capital-intensive business operations carrying negative working capital (₹91.17 Cr as of March 31, 2026), creating potential short-term liquidity stress and reliance on continuous external funding.
  • Heavy revenue concentration in a few key tier-1 metropolitan markets (top 10 cities generated 89.51% of FY26 revenues), exposing the firm to localized demand shocks.
  • Operational risks tied to centralized warehousing; evidenced by a major warehouse fire in Noida in June 2026 that resulted in ~₹11.02 Cr losses and subsequent legal disputes.
  • Accumulated historical negative retained earnings (₹121.70 Cr deficit in FY26) indicating a history of deep cash burn in earlier expansion phases.
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Financial Performance

Period Ended31 Mar 202631 Mar 202531 Mar 2024
Assets (₹ Cr.)641.12449.87366.2
Revenue (₹ Cr.)386.98265.96192.7
PAT (₹ Cr.)104.343.1122.41
Net Worth (₹ Cr.)295.81183.61139.61

Peer Comparison

CompanyP/B RatioP/E RatioRONW (%)Net Worth (₹ Cr.)
Rentomojo13.7140.3243.51%295.81

Subscription Details

No daily bids available.

No subscription statistics available.

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Company Details

  • Rentomojo Limited
  • Second Floor, B Block, BHIVE Workspace no. 112, AKR Tech Park A and 7th Mile, Hosur Road, Krishna Reddy Industrial Area, Bommanahalli, Bangalore - 560 068, Karnataka, India
  • +91 95918 74499
  • secretarial@rentomojo.com
  • https://www.rentomojo.com

Registrar Details

Frequently Asked Questions

What does Rentomojo Limited do?
Rentomojo operates a full-stack digital platform allowing consumers to rent furniture, home appliances, and electronics. The company manages the entire asset lifecycle from procurement to maintenance, refurbishment, and multi-cycle redeployment to offer flexible lifestyle solutions without upfront ownership costs.
When does the Rentomojo IPO open and close?
The Rentomojo IPO opens for subscription on September 9, 2026, and closes on September 11, 2026.
What is the price band and minimum investment size?
The price band is fixed at ₹384.00 to ₹404.00 per share. Retail investors must apply for a minimum of 1 lot comprising 37 shares, translating to an investment of ₹14,948 at the upper end of the band.
What is the total size of the Rentomojo IPO?
The total IPO size is approximately ₹1,255.57 Crores, which includes a Fresh Issue of ₹150.00 Crores and an Offer for Sale (OFS) of up to 2,73,65,529 equity shares by existing promoters and investors.
When is the expected listing date?
The equity shares are expected to be listed on both BSE and NSE on September 17, 2026.

Rentomojo IPO News & Updates

Follow the latest updates for Rentomojo IPO, including grey market moves and allotment news.

Rentomojo IPO IPO Pages

Open related pages for this IPO: details, GMP, subscription, allotment, review, FAQ, registrar, timeline, and news.

Sources

We match Rentomojo IPO IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.

  • SEBIRules for IPO allotment and disclosures in India
  • NSEExchange notices, bidding data, and listing updates
  • BSEExchange notices and IPO allotment check tools
  • RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
  • KFin Technologies LimitedOfficial site to check allotment status for this IPO

Also read our Editorial Policy, How GMP is calculated, How allotment chances work, and IPO fund allocation.

Reviewed by

Dinesh Agrawal · Lead IPO Analyst

15+ years in Indian markets and IPO research. He reviews IPO dates and key details before they go live.

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