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Rentomojo IPOLISTED
Rentomojo Limited is a technology-driven D2C furniture and appliances rental and subscription platform, offering flexible plans that allow customers to rent, return, upgrade and relocate products.
Listing price
₹482.45
Listing gain
+19.42%
Current
₹482.45
Listed
17 Sept 26
Opens
09 Sept 26Closes
11 Sept 26Allotment
15 Sept 26Refund
16 Sept 26Demat
16 Sept 26Listing
17 Sept 26Listed at
₹482.45
+19.42% on 17 Sept 26
Overview
Price band
₹384-404
Lot size
37 shares
Min. investment
₹14,948
Issue size
₹1255.67 Cr
3.11 Cr shares
Fresh issue
₹150.1 Cr
37.15 L shares
Offer for sale
₹1,105.57 Cr
2.74 Cr shares
Face value
₹1 / share
Issue type
Book Built Issue
Listing at
NSE, BSE
Employee discount
₹20
Reservation
| Category | Shares offered | % of issue |
|---|---|---|
| Anchor Investor | 93,08,667 | 29.95% |
| QIB | 62,05,780 | 19.97% |
| NII (HNI) | 46,54,334 | 14.97% |
| B-HNI | 31,02,889 | 9.98% |
| S-HNI | 15,51,445 | 4.99% |
| Individual | 1,08,60,113 | 34.94% |
| Employee | 52,083 | 0.17% |
| Total | 3,10,80,977 | 100% |
Lot size & investment
| 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 |
Listing performance
NSE/BSE: RENTOMOJOListing gain
+19.42%
Gain per retail lot
₹2,902.65
Latest vs issue
—
GMP was
₹85 (+21.04%)
Issue price
GMP estimate
Listing price
Latest price appears here during market hours.
Rentomojo Live GMP
Latest GMP
₹85
All-time high
₹145
All-time low
₹125
Subscription
11 Sept, 11:00 pmOversubscribed 72.88 times · 44,39,438 applications
Total applications
44,39,438
Total bid amount
₹64,107 Cr
Category breakdown
| Category | Shares offered | Shares bid | Times | Bid amount |
|---|---|---|---|---|
| QIB | 62,05,780 | 1,10,02,38,438 | 177.29x | ₹44,450 Cr |
| NII (HNI) | 46,54,334 | 31,61,47,277 | 67.93x | ₹12,772 Cr |
| B-HNI | 31,02,889 | 22,70,15,424 | 73.16x | ₹9,171 Cr |
| S-HNI | 15,51,445 | 8,91,31,853 | 57.45x | ₹3,601 Cr |
| Retail | 1,08,60,113 | 16,93,25,431 | 15.59x | ₹6,841 Cr |
| Employee | 52,083 | 10,95,089 | 21.03x | ₹44.24 Cr |
| Total | 2,17,72,310 | 1,58,68,06,235 | 72.88x | ₹64,107 Cr |
Application-wise breakup
| Category | Applications reserved | Applied | Times |
|---|---|---|---|
| B-HNI | 5,990 | 90,962 | 15.19x |
| S-HNI | 2,995 | 1,68,182 | 56.15x |
| Retail | 2,93,517 | 41,56,488 | 14.16x |
| Employee | 0 | 18,033 | — |
Allotment chance per application is roughly 1 ÷ times for the category (lottery for retail and S-HNI).
Financials
(₹ in crores)
Key performance indicators
As of 31 Mar 2026ROE
43.51%
PAT Margin
26.95%
ROCE
25.34%
EBITDA Margin
41.48%
Debt to Equity Ratio
0.63
Price to Book Value
14.1
RoNW
43.51%
Valuation vs listed peers
EPS Pre IPO
₹10.29
EPS Post IPO
₹9.92
P/E Pre IPO
39.26
P/E Post IPO
40.73
Buzz AI analysis
From this IPO's filings and market data · educational, not investment advice
Revenue growth FY24 → FY26
+101.3%
Profit growth FY24 → FY26
+365.4%
ROCE
25.34%
- PAT margin 26.9% and ROCE 25.3%.
- Price-to-book of 14.1× leaves little room for an earnings miss.
Strengths & risks
- Strong Market Position with a leading position in India’s organised furniture and appliance rental market.
- Recurring Revenue Model supported by subscription-based rental income.
- Integrated Business Model covering procurement, refurbishment, servicing and reverse logistics.
- Growing Subscriber Base with 253,825 live subscribers across 29 cities as of March 31, 2026.
- Technology-Driven Operations supported by proprietary technology and logistics infrastructure.
Buzz score · Solid
From GMP, subscription and issue size
Objects of the issue
| Purpose | Amount (₹ Cr) |
|---|---|
| Repayment/ prepayment, in full or in part, of certain outstanding borrowings and accrued interest thereon availed by the Company. | 70 |
| Payment of lease rental/ license fee for the warehouses and experience stores. | 42.5 |
| General corporate purposes. | - |
Company & documents
Rentomojo Limited operates a technology-driven D2C platform offering furniture and appliance rental and subscription solutions across India. It provides customers with flexible monthly plans, reducing upfront costs and the hassles of maintenance, relocation and upgrades.
Rentomojo is a market leader in India’s organised home furniture and appliance rental market, with a 42%–47% share of subscription revenue and 50%–55% share of live subscribers in FY2025, excluding water purifiers.
As of March 31, 2026, Rentomojo had 253,825 live subscribers across 29 cities, supported by 82 experience stores and a portfolio of 851,184 live rental items. Its product range includes beds, mattresses, washing machines, refrigerators, wardrobes, sofas, televisions and water purifiers.
The company follows an integrated asset-lifecycle model covering procurement, refurbishment, servicing, reverse logistics and redeployment, combining e-commerce, subscription and re-commerce to improve asset efficiency.
Rentomojo follows a subscription-based revenue model, where customers pay a fixed monthly rental fee. As of March 31, 2026, the company had 252 suppliers, 20 warehouses covering approximately 538,933 sq. ft., and operated across 29 cities.
The company offers products from brands such as Haier, Wakefit, Livpure, Godrej and Duroflex, along with its growing private-label portfolio of refrigerators, washing machines and water purifiers.
The company operates through an omnichannel model combining its online platform with 82 experience stores, supported by technology-enabled logistics and asset management infrastructure.
Rentomojo is backed by institutional investors including Accel, ValueQuest, Edelweiss, Chiratae Ventures, IDG Ventures India and Madison India Opportunities.
The company is supported by a workforce of 1,688+ in-house and contractual technicians, carpenters, painters and other operational personnel, helping manage installation, servicing and logistics across its operations.
Registrar
Company contact
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
Phone: 9591874499
Email: secretarial@rentomojo.com
Book running lead managers
- Axis Capital Ltd.
- IIFL Capital Services Ltd.
- Motilal Oswal Investment Advisors Ltd.
Promoters
- Geetansh Bamania