Rentomojo Limited
Bookbuilding IPO · NSE, BSE
- Price band
- ₹384–₹404
- Lot size
- 37 shares
- Issue amount
- ₹1,255.57 cr
- Total subscription
- 72.88×
- Opens
- 9 Sept 2026
- Closes
- 11 Sept 2026
- Allotment
- 15 Sept 2026
- Listing
- 17 Sept 2026
Offer at a glance
Issue overview
- Issue size
- 3,10,80,977 shares
- Face value
- ₹1 per share
- Minimum investment
- ₹14,208
- Fresh issue
- ₹150.01 cr
- Offer for sale
- ₹1,105.57 cr
- Registrar
- Kfin Technologies Limited
- Listing exchange
- NSE, BSE
- Maximum investment
- ₹14,948
- Issue type
- Bookbuilding IPO
- Shares before issue
- 10,13,91,096
- Shares after issue
- 10,51,06,545
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 37 | ₹14,948 |
| sHNI | 14 | 518 | ₹2,09,272 |
| bHNI | 67 | 2,479 | ₹10,01,516 |
Share reservation
Subscription & GMP
Subscription by category
Reported 11 Sept 2026
GMP history
Day-wise demand
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| RETAIL | 2,93,517 | 41,56,488 |
| EMPLOYEES | 0 | 18,033 |
| HNIs(10L +) | 5,990 | 90,962 |
| HNIs (2-10L) | 2,995 | 1,68,182 |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 250.71 | 44,449.63 |
| RETAIL | 438.75 | 6,840.75 |
| HNIs 2+ | 62.68 | 3,600.93 |
| HNIs 10+ | 125.36 | 9,171.42 |
| EMPLOYEES | 2.1 | 44.24 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Key performance indicators
| Metric | Mar-26 | Mar-25 | Mar-24 |
|---|---|---|---|
| EPS | 10.29 | 4.31 | 2.52 |
| ROE | 43.51 | 26.67 | 27.7 |
| ROCE | 25.34 | 25.14 | 31.47 |
| RONW | 0 | 0 | 0 |
| PRE IPO(PE) | 39.26 | 0 | 0 |
| POST IPO(PE) | 40.73 | 0 | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
Rentomojo is a technology-driven, full-stack direct-to-consumer (D2C) platform offering furniture and appliance rental and subscription solutions across India, and is the largest online rental platform in its category based on live subscribers and subscription revenue in FY2025 (as per Redseer Report). The company operates an integrated asset lifecycle model covering category management, procurement, refurbishment, servicing, reverse logistics, and multi-cycle redeployment, enabling high asset utilization and capital efficiency, with occupancy rates consistently above 80%. Its product portfolio includes over 7.28 lakh live products across furniture and appliances such as beds, sofas, wardrobes, refrigerators, washing machines, and water purifiers, featuring brands like Haier, Wakefit, Livpure, and Duroflex along with a growing private-label portfolio in partnership with Dixon Technologies. As of September 30, 2025, it served over 2.27 lakh subscribers across 22 cities through an omnichannel model combining a digital platform with 67 experience stores and 21 warehouses spanning over 4.44 lakh square feet, and is backed by prominent investors including Accel, ValueQuest, Edelweiss, Chiratae Ventures, IDG Ventures India, and Madison India Opportunities.
Strengths
- Consistently Profitable D2C Business: Rentomojo has been profitable since Fiscal 2023, supported by recurring revenue and efficient use of capital.
- Leading Furniture & Appliance Rental Platform: According to the Redseer Report, the company was the largest online rental platform in its category based on active subscribers and subscription revenue in Fiscal 2025.
- Integrated Asset Lifecycle Model: The company manages the complete asset lifecycle, including procurement, refurbishment, servicing, delivery and redeployment. This helps improve asset utilisation and operational efficiency.
Risk factors
- Procurement & Supply Risk: The company depends on vendors and third-party manufacturers for its products. Supply delays, quality issues, higher costs or manufacturing disruptions could affect operations, reputation and financial performance.
- Subscriber Retention & Growth Risk: The company’s growth depends on attracting new subscribers and retaining existing ones. Poor customer experience or loss of subscribers could negatively affect revenue, cash flow and business growth.
- Technology Platform Risk: The company relies on its technology platforms to provide its services. Technical failures, system downtime or platform interruptions could disrupt services and affect the company’s business and reputation.
Promoters
Geetansh Bamania
Registrar & documents
Lead manager
Axis Capital Limited, IIFL Capital Services Limited, Motilal Oswal Investment Advisors Limited
Registrar & contacts
Kfin Technologies Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
Rentomojo Ltd. 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
[email protected]Company website ↗Understanding RENTOMOJO IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.