Rentomojo Ltd. logo

Rentomojo was incorporated on April 16, 2012. The company operates a technology-driven D2C rental platform for furniture and appliances in India, with a large subscriber base across multiple cities and flexible subscription offerings. Its full-stack asset lifecycle model and focus on service quality support customer satisfaction, retention, and scalable operations

Bidding Dates
09 Sep 2026 - 11 Sep 2026
Subscription
72.88x Oversubscribed
Minimum InvestmentMinimum LotMaximum LotLot SizeNumber of SharesIssue Price BandPost Issue Promoter Holding %Issue SizeIPO Document
₹14,2081133731.1 M₹384 - ₹40420.13 %11,934.1 M - 12,555.7 MRHP DOC

Rentomojo IPO SUBSCRIPTION STATUS

11 Sep '26
Total72.88x
Retail Individual Investor15.59x
HNI (NII) Investors67.93x
Qualified Institutional Buyers177.29x
Employees21.03x

Rentomojo IPO overall subscription rate was 72.88 times the total available shares

Rentomojo IPO retail subscription rate was 15.59 times in the retail segment

Rentomojo IPO non-institutional investor subscription rate was 67.93 times in the non-institutional investor category

Rentomojo IPO Qualified Institutional Bidder subscription rate was 177.29 times the available shares for Qualified Institutional Bidder

DayRetail Individual InvestorHNI (NII) InvestorsQualified Institutional BuyersEmployees
Category Reservation10%15%75%-
11 Sep 2026
(Day 3)
15.59x67.93x177.29x21.03x
10 Sep 2026
(Day 2)
4.19x11.6x0.45x4.25x
09 Sep 2026
(Day 1)
1.54x2.46x0.41x1.72x

Rentomojo FINANCIALS

Period Revenue from Operations (Rs in crore) Net Profit (Rs in crore) Cash Flow from Operations (Rs in crore) Free Cash Flow (Rs in crore) Margins
FY26 387.0 104.3 172.9 -2.2 41.5%
FY25 266.0 43.1 115.5 -22.4 43.6%
FY24 192.7 22.4 91.6 -57.1 39.9%

Rentomojo IPO SUBSCRIPTION STATUS DETAILS

Rentomojo had 31.1 M shares on offer

Rentomojo IPO offer price was in the range ₹384 - ₹404

Rentomojo IPO minimum Investment was14208

Rentomojo IPO issue size was ₹ 11,934.1 M - ₹ 12,555.7 M

Rentomojo had a minimum lot size of 37 Shares per application

Rentomojo NUMBER OF SHARES ON OFFER

Total31.1 M
Fresh Issue3.7 M
Offer for Sale27.4 M
Post Issue Promoter Holding %20.13 %

Rentomojo IPO IMPORTANT DATES

Issue Open Date09 Sep 2026
Issue close Date11 Sep 2026
Allotment Date15 Sep 2026
Refund Date16 Sep 2026
Demat Account Credit Date16 Sep 2026
Listing Date17 Sep 2026
Listing on Exchange(s)NSE and BSE
Rentomojo Allotment StatusExchange/ Registrar

Rentomojo IPO subscription opened on 09 Sep 2026, and closed on 11 Sep 2026

IPO allotment for Rentomojo was finalized on Tuesday, 15 Sep 2026

IPO listing for Rentomojo was on NSE and BSE on Thursday, 17 Sep 2026

Rentomojo IPO LISTING GAINS

Issue Price (adjusted)404.0
Listing Open Price482.4
Listing Close Price534.3
Listing Gain%19.4%
Current Gain%29.1%

Rentomojo Peer

StockStock PriceMarket Cap (Rs crore)PE TTMPEG TTMPS TTMROE%ROA%Annual Revenue (Rs crore)Annual Revenue Growth %Annual Net Profit (Rs crore)Annual Net Profit Growth %EPS TTMEPS TTM Growth %
Rentomojo Ltd.521.45427.9520.413.835.316.3394.144.9104.314210142
Urban Company Ltd.172.726638.1-79.80.315.5-11-8.71692.234.2-234.8-197.9-2.2-242.6
WeWork India Management Ltd.668.59283.5110.2-2.73.62512490.42374.4-41.66.1-41
Smartworks Coworking Spaces Ltd.5416188.62221.43.220.21849.931.210.5116.72.4162.8
Indiqube Spaces Ltd.192.54080.1-43.7-1.42.6-20.6-1.61527.538.5-106.323.8-4.430.4
Awfis Space Solutions Ltd2691925.422.71.71.212.82.41586.125.870.94.411.913

Rentomojo IPO Reports

IPO SubscribePDF

invest4Edu

11 Sept 2026
IPO SubscribePDF

Ventura

08 Sept 2026

Rentomojo INFORMATION ON IPO ISSUE

About Rentomojo

Rentomojo was incorporated on April 16, 2012. The company operates a technology-driven D2C rental platform for furniture and appliances in India, with a large subscriber base across multiple cities and flexible subscription offerings. Its full-stack asset lifecycle model and focus on service quality support customer satisfaction, retention, and scalable operations

Object of the Issue

  • Repayment/ prepayment, in full or in part, of certain outstanding borrowings and accrued interest thereon availed by the company
  • Payment of lease rental/ license fee for its warehouses and experience stores
  • General corporate purposes

Rentomojo - PROMOTERS

Name
Geetansh Bamania

Rentomojo - MANAGEMENT & LEADERSHIP

NameDesignation
Geetansh BamaniaChairperson, Managing Director & Chief Executive Officer
Ketan KrishnaExecutive Director & Head - People & Governance
Prashanth PrakashNon-Executive Nominee Director
Niddodi Subrao RajanIndependent Director
Deepali NairIndependent Director
Sandesh Madhukar KirkireIndependent Director

Rentomojo Book Running Lead Manager

Motilal Oswal Investment Advisors Limited

rentomojo.ipo@motilaloswal.com

Axis Capital Limited

rentomojo.ipo@axiscap.in

IIFL Capital Services Limited

rentomojo.ipo@iiflcap.com

Rentomojo Registrar to the Offer

Kfin Technologies Limited

rentomojo.ipo@kfintech.com

Rentomojo Strengths

Integrated multi-stack business model

The company operates a differentiated business model at the intersection of e-commerce, subscription, and re-commerce, creating strong consumer value and operational efficiency. Its high-engagement model with multiple customer touchpoints reflects deep execution capabilities that are difficult for competitors to replicate

Strength

End-to-end operational integration

The company’s proprietary ticketing technology enables a unique, integrated subscription platform within the home furniture and appliance rental market in India. Its multi-stack model across subscription, re-commerce, and e-commerce supports complex operations, including asset management, logistics, and service workflows

Strength

Integrated full-stack business

The company’s full-stack model integrates subscription, re-commerce, and e-commerce into a self-reinforcing flywheel that drives asset utilisation and revenue growth. Its end-to-end asset lifecycle ownership and refurbishment capabilities enable higher returns over multiple usage cycles, supporting structurally efficient unit economics

Strength

Rentomojo Risks

Depend on limited vendors

The company relies on third-party vendors and manufacturers for product procurement, and any disruption in supply, quality issues, or increase in costs may adversely affect its business and reputation. Dependence on a limited number of vendors for certain products also creates concentration risks and potential supply chain vulnerabilities

Risk

Customer retention risks

The company’s growth depends on its ability to attract and retain subscribers while delivering a high-quality customer experience across its rental platform. Any failure to expand its subscriber base or maintain service standards may adversely impact revenues, operations, and financial performance

Risk

Operational risks

The company relies heavily on technology platforms across its operations, and any system failures or disruptions may affect service availability and performance. Such issues, arising from technical errors or infrastructure constraints, could adversely impact its business and reputation

Risk

IPO FAQs

  • This IPO consists of an offer for sale of up to Rs 1,105.6 crore, of 27,365,529 shares. It also consists of a fresh issue of Rs 150.0 crore.
  • The promoter of the company is Geetansh Bamania.
  • The category allocation of qualified institutional buyers is 75.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 10.0%.
  • The price band of the IPO is Rs 384.0 - 404.0.
  • The IPO application opens on Sep 09, 2026 and closes on Sep 11, 2026.
  • The minimum lot size for the IPO is 37. The maximum lot size for the IPO is 481.
  • For all category investors, the minimum application amount for this IPO is Rs. 14,208.0, the maximum value for this IPO is Rs 194,324.0.
  • This IPO will be allotted on Sep 15, 2026.
  • The refund will be credited to your account on Sep 16, 2026.
  • The allotted shares will be credited to your demat on Sep 16, 2026.
  • Rentomojo Ltd.’s shares listed on the stock exchanges on Sep 17, 2026.