Rentomojo

Rentomojo

LIVE

IPO Date: 9 Sept - 11 Sept 2026

Listing Date: 17 Sept 2026

Price Range

Rs.384 - Rs.404

Issue Size

1256 Cr

Min Investment

₹14,208

Min Application

37 Shares

Schedule of Rentomojo

Issue open date

9 Sept 2026

Issue close date

11 Sept 2026

UPI mandate deadline

11 Sept 2026 (5 PM)

Allotment finalization

15 Sept 2026

Share credit

16 Sept 2026

Listing date

17 Sept 2026

Mandate end date

26 Sept 2026

Issue size

Funds Raised in the IPOAmount
Overall1256 Cr
Fresh Issue150 Cr
Offer for Sale1105.57 Cr

Allotment DetailsNew

Allotment TimelineDetails
Allotment Date15 Sept 2026
Allotment Link{Link}

Grey Market Premium

New

Grey Market Premium (GMP) is the premium at which the shares are traded in the grey market. It gives a fair idea about the listing price of the IPO shares. The GMP can be positive or negative based on the demand and supply of the shares in the grey market.

DateIPO PriceGMPEst. Listing Price
8 Sept 2026Latest₹404₹134538(+33.17%)
7 Sept 2026₹404₹125529(+30.94%)
6 Sept 2026₹404₹149553(+36.88%)
5 Sept 2026₹404₹155559(+38.37%)
4 Sept 2026₹404₹79483(+19.55%)

Performance Rentomojo

Issue PriceListing GainCurrent Market PriceP/L
Rs.384 - Rs.404............

About Rentomojo

Rentomojo Limited is a technology-driven direct-to-consumer online rental and subscription platform for furniture and appliances in India. The company offers furniture and home appliances, including beds, mattresses, washing machines, refrigerators, wardrobes, sofas, televisions, and water purifiers, through flexible subscription plans. Its portfolio includes products from brands such as Haier, Wakefit, Livpure, and Duroflex, along with products sold under its private-label brands. Rentomojo manages various stages of the asset lifecycle, including category management, product design, procurement, refurbishment, servicing, reverse logistics, and redeployment of products across multiple subscription cycles. As of March 31, 2026, the company had 253,825 live subscribers across 29 cities in India and a portfolio of 851,184 live products. Its omni-channel operations include an online ordering platform and 82 experience stores across India. The company also launched private-label refrigerators and washing machines manufactured in partnership with Dixon Technologies (India) Limited, along with its own branded water purifiers. Use of proceeds: The IPO consists of both a fresh issue of shares and an offer for sale (OFS).​ Net proceeds from the OFS will go to the respective selling shareholders, while the net proceeds from the fresh issue will be utilised for the following purposes:​ Repayment/prepayment, in full or in part, of certain outstanding borrowings and accrued interest thereon availed by the company — Rs 70 crore Payment of lease rental/license fee for the warehouses and experience stores — Rs 42.5 crore General corporate purposes

Founded in2012
Managing directorMr Geetansh Bamania
Parent organization

Financial Overview

Strengths

5
  1. 1

    Omnichannel footprint in tier-1 cities strengthens brand visibility.

  2. 2

    Asset lifecycle management minimizes depreciation and maximizes capital returns.

  3. 3

    Expanding the experience store and warehouse network supports rising demand.

  4. 4

    Proven debt management capabilities ensure funding for operations.

  5. 5

    High occupancy rates drive strong and consistent unit economics.

Risks

5
  1. 1

    Inability to renew warehouse and store leases could disrupt operations.

  2. 2

    Significant outstanding borrowings may restrict future financial flexibility.

  3. 3

    Warehouse assets are vulnerable to fires, potentially causing massive losses.

  4. 4

    High working capital requirements can strain short-term liquidity.

  5. 5

    Intense competition necessitates constant capital deployment and expansion.

Subscription Figures

CategorySubscription (No. of times)
Qualified Institutional Buyers (QIBs)0.41
Non-Institutional Investors (NIIs)2.46
Retail Individual Investors (RIIs)1.54
Employee1.72
Total1.42