Rentomojo Limited IPO
9 Sept 2026 – 11 Sept 2026
Share Price
- Candle
- 6 Oct
- O
- ₹521.4
- H
- ₹564
- L
- ₹517.1
- C
- ₹545.2
13 trading days since listing · NSE end-of-day prices
Issue Details
- Price Band
- ₹384 – ₹404
- Lot Size
- 37 shares
- Min Investment
- ₹14,948 (1 lot · 37 shares)
- Face Value
- ₹1
- Fresh Issue
- ₹150 Cr (to the company)
- Offer for Sale
- 2,73,65,529 shares (to selling holders)
- Issue Size
- Initial Public Offer comprising of Fresh Issue aggregating upto Rs. 1,500 million and Offer for Sale of upto 27,365,529 Equity Shares (including Employee Reservation Portion aggregating up to Rs. 20 million and Anchor reservation portion of 93,08,667 Equity Shares)
- Registrar
- KFin Technologies Limited ↗
Timetable
GMP History
Latest GMP ₹86 · Last updated 7 Oct 2026, 11:51 am IST
| Date | GMP | GMP % | Change | Est. Listing | Updated (IST) |
|---|---|---|---|---|---|
| 16 Sept | ₹86 | +21.3% | −₹49 | ₹490 | |
| 15 Sept | ₹135 | +33.4% | −₹23 | ₹539 | |
| 14 Sept | ₹158 | +39.1% | +₹1 | ₹562 | |
| 13 Sept | ₹157 | +38.9% | −₹3 | ₹561 | |
| 12 Sept | ₹160 | +39.6% | +₹12 | ₹564 | |
| 11 Sept | ₹148 | +36.6% | +₹7 | ₹552 | |
| 10 Sept | ₹141 | +34.9% | −₹2 | ₹545 | |
| 9 Sept | ₹143 | +35.4% | +₹13 | ₹547 | |
| 8 Sept | ₹130 | +32.2% | +₹5 | ₹534 | |
| 7 Sept | ₹125 | +30.9% | — | ₹529 |
Subscription
Category-wise bidding
| Category | Offered | Bid for | Times |
|---|---|---|---|
| QIB | 62,05,77928.5% | 82,91,38,032 | 133.61x |
| NII / HNI | 46,54,33521.4% | 26,59,52,781 | 57.14x |
| bNII · bids above ₹10L | 31,02,89014.3% | 19,93,36,908 | 64.24x |
| sNII · bids ₹2L–₹10L | 15,51,4457.1% | 6,66,15,873 | 42.94x |
| Retail | 1,08,60,11449.9% | 10,54,91,847 | 9.71x |
| Employee | 52,0830.2% | 8,28,837 | 15.91x |
Bids received on NSE, as at 11-Sep-2026 19:00:57 IST. The two NII rows are parts of the NII total above them, not additions to it.
Day-wise subscription
| Date | QIB | NII / HNI | Retail | Total |
|---|---|---|---|---|
| 11 Sept | — | — | — | 55.18x |
| 10 Sept | 0.45x | 11.59x | 4.18x | 4.70x |
| 9 Sept | 0.41x | 2.46x | 1.54x | 1.42x |
Financials
All values in ₹ crore
About Rentomojo
Rentomojo is a technology-driven, full-stack direct-to-consumer (D2C) platform offering furniture and appliance rental and subscription solutions across India. It is the largest online rental platform in this category based on live subscribers and subscription revenue in Fiscal 2025 (Source: Redseer Report). Its integrated asset lifecycle model spans category management, procurement, refurbishment, servicing, reverse logistics, and multi-cycle redeployment, enabling high asset utilization and capital efficiency. The company maintained strong occupancy rates of over 80% across recent fiscals, supporting predictable and recurring revenue generation. Its product portfolio comprises 728,773 live products across furniture and appliances, including beds, sofas, wardrobes, refrigerators, washing machines, and water purifiers. Its product mix includes leading brands such as Haier, Wakefit, Livpure, and Duroflex, along with an expanding private-label portfolio, including appliances manufactured in partnership with Dixon Technologies (India) Limited. As of September 30, 2025, it served 227,511 live subscribers across 22 cities, providing affordable and flexible access to essential home products without upfront ownership costs. The company operates through an omnichannel platform combining a digital interface with 67 experience stores, supported by 21 warehouses covering 444,486 square feet. Backed by leading institutional investors including Accel, ValueQuest, Edelweiss, Chiratae Ventures, IDG Ventures India, and Madison India Opportunities.
As published in the company's own offer documents.
Strengths
- Consistently profitable D2C player since Fiscal 2023, driven by predictable recurring revenues, acyclical performance and high return on capital employed
- Leading furniture and appliance rental platform
- Integrated multi-stack business model driving a self-reinforcing flywheel at the intersection of e-commerce, subscription, and re-commerce
- Proven track record of extended reuse during asset life cycle and consistent cohort returns
- Proprietary technology stack seamlessly facilitating end-to-end operational integration
As stated by the company in its prospectus — not our assessment.
The company's own risk factors are not shown here. They run to dozens of pages in the Red Herring Prospectus, under “Risk Factors”, and are worth the read before applying.
Lead Managers
- Motilal Oswal Investment Advisors Limited
- Axis Capital Limited
- IIFL Capital Services Limited
Offer details
Application sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min)one lot, the smallest bid allowed | 1 | 37 | ₹14,948 |
| Retail (max)most that stays under ₹2L | 13 | 481 | ₹1,94,324 |
| S-HNI (min)first bid over ₹2L | 14 | 518 | ₹2,09,272 |
| S-HNI (max)most that stays under ₹10L | 66 | 2,442 | ₹9,86,568 |
| B-HNI (min)first bid over ₹10L | 67 | 2,479 | ₹10,01,516 |
Priced at the top of the band, which is what a cut-off bid pays. Retail ends at ₹2,00,000 and S-HNI at ₹10,00,000; these are SEBI's limits, not the issuer's.
Issue mechanics
- Issue Type
- 100% Book Building
- Discount
- Rs. 20 per equity share to Eligible Employees
- Minimum Order
- 37 Equity Shares
- Categories
- FI, IC, MF, FII, OTH, CO, IND, NOH and EMP
- UPI Eligible
- IND and EMP (upto 5 Lakhs)
- Max Bid (Retail)
- Rs. 2,00,000
- Max Bid (Employee)
- Rs. 5,00,000
- Max Bid (QIB)
- 2,17,20,221 Equity Shares in multiple of 37 Equity Shares
- Max Bid (NII)
- 1,55,14,433 Equity Shares in multiple of 37 Equity Shares
- Tick Size
- Re. 1
- Bidding Hours
- 10.00 a.m. to 5.00 p.m.
- UPI Mandate Cut-off
- 11-Sep-2026 (upto 5:00 PM) The new cut-off time for UPI mandate acceptance is 05:00 PM on last day of IPO bidding. Further bids with confirmed status of mandate amount blocked (RC100) shall be considered as valid applications and hence, investors are advised to submit their UPI applications in IPO well in advance to avoid any last minute technical/systemic constraints that may hamper their ability
- Sponsor Bank
- Axis Bank Limited and ICICI Bank Limited
Registrar
- Name
- KFin Technologies Limited
- Address
- Selenium Tower B, Plot No. 31 and 32, Financial District, Nanakramguda, Serilingampally, Hyderabad, Rangareddy 500 032, Telangana, India
- Contact
- M. Murali Krishna, +91 40 6716 2222, rentomojo.ipo@kfintech.com
Documents
- Red Herring ProspectusThe full offer documentPDF
- Basis of Issue PriceHow the band was arrived atPDF
- Anchor AllocationWho was allotted before the issue openedPDF
- Application FormThe blank ASBA form, as filedPDF
- Bidding CentresWhere a physical form can be handed inPDF
- Security ParametersTick size, lot and limits as filed with the exchangePDF
- Security Parameters (post-anchor)The same, restated after the anchor book closedPDF
Published by NSE as ZIP archives; opened here as the PDF inside.
Collected from NSE and public sources. Always confirm against the prospectus before applying.
Frequently Asked Questions
What is the GMP of Rentomojo Limited IPO today?
The latest grey market premium for Rentomojo Limited IPO is ₹86. GMP is unofficial and indicative only — it is not a guarantee of listing price.
What is the price band of Rentomojo Limited IPO?
The price band is ₹384 – ₹404, with a lot size of 37 shares. The minimum investment is ₹14,948.
When does Rentomojo Limited IPO open and close?
The issue opens on 9 Sept 2026 and closes on 11 Sept 2026. Listing is expected on 17 Sept 2026.
Who is the registrar for Rentomojo Limited IPO?
KFin Technologies Limited is the registrar. Allotment status can be checked on the registrar's website once allotment is finalised.