
Rentomojo
LIVEIPO 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 IPO | Amount |
|---|---|
| Overall | 1256 Cr |
| Fresh Issue | 150 Cr |
| Offer for Sale | 1105.57 Cr |
Allotment DetailsNew
| Allotment Timeline | Details |
|---|---|
| Allotment Date | 15 Sept 2026 |
| Allotment Link | {Link} |
Grey Market Premium
NewGrey 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.
| Date | IPO Price | GMP | Est. Listing Price |
|---|---|---|---|
| 8 Sept 2026Latest | ₹404 | ₹134 | ₹538(+33.17%) |
| 7 Sept 2026 | ₹404 | ₹125 | ₹529(+30.94%) |
| 6 Sept 2026 | ₹404 | ₹149 | ₹553(+36.88%) |
| 5 Sept 2026 | ₹404 | ₹155 | ₹559(+38.37%) |
| 4 Sept 2026 | ₹404 | ₹79 | ₹483(+19.55%) |
Performance Rentomojo
| Issue Price | Listing Gain | Current Market Price | P/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 in | 2012 |
| Managing director | Mr Geetansh Bamania |
| Parent organization |
Financial Overview
Strengths
5- 1
Omnichannel footprint in tier-1 cities strengthens brand visibility.
- 2
Asset lifecycle management minimizes depreciation and maximizes capital returns.
- 3
Expanding the experience store and warehouse network supports rising demand.
- 4
Proven debt management capabilities ensure funding for operations.
- 5
High occupancy rates drive strong and consistent unit economics.
Risks
5- 1
Inability to renew warehouse and store leases could disrupt operations.
- 2
Significant outstanding borrowings may restrict future financial flexibility.
- 3
Warehouse assets are vulnerable to fires, potentially causing massive losses.
- 4
High working capital requirements can strain short-term liquidity.
- 5
Intense competition necessitates constant capital deployment and expansion.
Subscription Figures
| Category | Subscription (No. of times) |
|---|---|
| Qualified Institutional Buyers (QIBs) | 0.41 |
| Non-Institutional Investors (NIIs) | 2.46 |
| Retail Individual Investors (RIIs) | 1.54 |
| Employee | 1.72 |
| Total | 1.42 |