Rentomojo IPO is a book-built public offering with a total issue size of ₹1,255.57 crore. The offering consists of a fresh issue of 37.15 lakh equity shares, valued at ₹150.00 crore, along with an Offer for Sale (OFS) of 2.74 crore shares amounting to ₹1,105.57 crore.
The subscription window for the IPO will remain open from September 9, 2026, to September 11, 2026. The basis of allotment is expected to be finalized on September 15, 2026, while the company’s shares are proposed to be listed on both the NSE and BSE on September 17, 2026, subject to final approvals.
The IPO has been priced in the range of ₹384 to ₹404 per share. Investors are required to apply for a minimum of 37 shares per lot. At the upper end of the price band, the minimum investment for a retail investor works out to approximately ₹14,948.
Motilal Oswal Investment Advisors Limited is acting as the Book Running Lead Manager for the issue, while Kfin Technologies Limited has been appointed as the registrar. Investors
Rentomojo IPO Details
| IPO Open Date | 09-09-2026 |
| IPO Close Date | 11-09-2026 |
| Face Value | ₹1 Per Equity Share |
| IPO Price Band | ₹384 to ₹404 Per Share |
| Issue Size | Approx ₹1,255.57 cr. |
| Fresh Issue | Approx ₹150 cr. |
| Offer For Sale | Approx 2,73,65,529 |
| Issue Type | Book Building Issue |
| IPO Listing | NSE,BSE |
Issue Reservation
| Investor Category | Shares Offered % |
|---|---|
| Retail Shares Offered | 10% |
| NII Shares Offered | 15% |
| QIB Shares Offered | 75% |
Rentomojo IPO Market Lot
The Rentomojo IPO minimum market lot is 37 shares with ₹14,948 application amount. The retail investors can apply up-to 13 lots with 481 shares of ₹1,94,324 amount.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 37 | ₹14,948 |
| Retail Maximum | 13 | 481 | ₹1,94,324 |
| S-HNI Minimum | 14 | 518 | ₹2,09,272 |
| S-HNI Maximum | 66 | 2,442 | ₹9,86,568 |
| B-HNI Minimum | 67 | 2,479 | ₹10,01,516 |
Rentomojo IPO Anchor Investors
| Anchor Bidding Date | 08-09-2026 |
| Shares Offered | 93,08,667 Shares |
| Lock-in period end date 50% shares(30 Days) | 15-10-2026 |
| Lock-in period end date 50% shares (90 Days) | 14-12-2026 |
Rentomojo IPO Dates
The Rentomojo IPO Open date is September 9 and the close date is September 11. The Rentomojo IPO allotment will be finalized on September 15 and the IPO listing on September 17.
| IPO Open Date: | 09-09-2026 |
| IPO Close Date: | 11-09-2026 |
| Basis of allotment: | 15-09-2026 |
| Refunds: | 16-09-2026 |
| Credit to Demat Account: | 16-09-2026 |
| IPO Listing Date: | 17-09-2026 |
Key Strengths and Hidden Risks
Hidden Benefits
✅ Efficient Asset Reuse Model
The company maximizes returns by refurbishing and redeploying assets across multiple rental cycles, improving capital efficiency.
✅ Strong Customer Retention Potential
Integrated services such as delivery, installation, maintenance, relocation, and replacement create higher customer stickiness.
✅ Difficult-to-Replicate Operations Network
A large refurbishment and service infrastructure provides a competitive advantage and acts as an entry barrier for new players.
Hidden Risks
⚠️ Heavy Dependence on Rental Revenue
A significant portion of revenue comes from furniture and appliance subscriptions, making growth sensitive to rental demand.
⚠️ Operationally Intensive Business Model
Managing multiple customer touchpoints requires consistent execution and may increase operating complexity.
⚠️ Asset Utilization Risk
Profitability depends on maintaining high asset utilization and extending product life through repeated rental cycles.
Pre and Post-IPO Shareholding Pattern
| Category | Pre IPO | Post IPO |
|---|---|---|
| Promoter and Promoter Group | 21.49% | 19.94% |
| Public | 78.51% | 80.06% |
| Total | 100% | 100% |
Company Promoter: Geetansh Bamania
Dilution of Promoter’s Stake: Post-IPO, the promoter holding will decrease from 21.49% to 19.94%. This indicates that the promoters are diluting a 1.55% stake in the company through this public issue.
Use of Funds
| Purpose | Crores |
|---|---|
| Funding the repayment or partial settlement of the Company’s existing debt obligations, including related interest liabilities. | ₹70 cr. |
| Meeting lease rental and license fee expenses associated with the Company’s warehouses and experience centres. | ₹42.50 cr. |
| Supporting general corporate requirements and business operations | ₹- |
Rentomojo About
Rentomojo Limited is a technology-driven, direct-to-consumer (D2C) online rental and subscription company that primarily provides furniture and home appliances through flexible subscription plans. Established in 2012, the company later adopted the Rentomojo brand to align with its evolving business model. Its core objective is to make essential household products accessible to urban consumers without requiring significant upfront investment.
As of March 31, 2026, Rentomojo served more than 253,000 active subscribers across 29 cities in India. The company’s operations extend beyond simple product rentals, covering the entire asset lifecycle, including product design, procurement, warehousing, delivery, installation, servicing, refurbishment, reverse logistics, and redeployment. This integrated approach enables the company to maintain operational efficiency while delivering a seamless customer experience.
A substantial portion of Rentomojo’s revenue is generated from its furniture and appliance subscription business. In Fiscal 2026, nearly 98% of its operating revenue came from recurring rental subscriptions, highlighting the importance of this segment to the company’s overall business model.
Rentomojo has built its platform at the intersection of e-commerce, subscription services, and re-commerce. By leveraging a shared logistics, warehousing, and service infrastructure, the company seeks to optimize costs and improve asset utilization. Its technology-enabled processes, combined with a full-stack operational model, are designed to support long-term customer relationships, enhance asset productivity, and strengthen its position within India’s growing rental economy.
Rentomojo IPO Company Financial Report
| Period Ended | Revenue | Expense | Pat | Assets |
|---|---|---|---|---|
| 2024 | ₹195.80 | ₹173.39 | ₹22.41 | ₹366.20 |
| 2025 | ₹271.96 | ₹228.86 | ₹43.11 | ₹449.87 |
| 2026 | ₹394.09 | ₹323.85 | ₹104.30 | ₹641.12 |
Rentomojo IPO Valuation – FY2026
Check Rentomojo IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
|---|---|
| ROE | 43.51% |
| ROCE | 25.34% |
| EBITDA Margin | 41.48% |
| PAT Margin | 26.95% |
| Debt to equity ration | [.] |
| Earning Per Share(EPS) | ₹10.42 |
| P/E Ratio | N/A |
| Return on Net Worth (RoNW) | 43.51% |
| Net Asset Value(NAV) | ₹28.65 |
Peer Group Comparison
- There are no listed companies in India.
Rentomojo IPO Lead Managers aka Merchant Bankers
- Motilal Oswal Investment Advisors Ltd.
- Axis Capital Ltd.
- IIFL Capital Services Ltd.
Rentomojo Company Address
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
Website: https://www.rentomojo.com/
Rentomojo IPO Registrar
Kfin Technologies Ltd.
Phone: 040-79615565
Email: rentomojo.ipo@iiflcap.com
Website: https://ipostatus.kfintech.com/
FAQs
What makes Rentomojo different from a traditional furniture retailer?
Rentomojo focuses on long-term subscription-based access to furniture and appliances rather than one-time product sales.
How does Rentomojo generate value from the same asset multiple times?
The company refurbishes and redeploys products across multiple rental cycles, aiming to maximize asset productivity.
Why is Rentomojo’s business model difficult to replicate?
Its operations combine technology, logistics, refurbishment, servicing, and reverse logistics under a single integrated platform.
What role does refurbishment play in Rentomojo’s growth strategy?
Refurbishment helps extend asset life, improve utilization, and reduce the need for frequent capital expenditure.
How does Rentomojo maintain service quality across cities?
The company operates through a network of technicians, carpenters, and service personnel supported by its technology platform.
What is the significance of Rentomojo’s active subscriber base?
A large subscriber base provides recurring revenue visibility and supports efficient utilization of rented assets.
How does the company benefit from a subscription-led business model?
Subscription revenue creates predictable cash flows and encourages long-term customer engagement.
Why is asset utilization important for Rentomojo?
Higher utilization allows the company to generate more revenue from existing assets before replacement is required.
How does technology support Rentomojo’s operations?
The company uses proprietary systems to manage subscriptions, service requests, deliveries, and asset tracking.
What key operational advantage does Rentomojo gain from its full-stack model?
Managing the entire asset lifecycle internally gives the company greater control over customer experience, costs, and asset performance.
Disclaimer
I am not a SEBI-registered Research Analyst, Investment Adviser, or any other SEBI-regulated financial professional. The information provided on this website regarding IPOs, GMP, stock markets, and other financial topics is for educational and informational purposes only.
The content published on this website should not be considered financial advice, investment advice, or a recommendation to buy, sell, or hold any security. Investors should conduct their own research and consult a SEBI-registered financial advisor before making any investment decisions.