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IPO Open

Wed, Sep 9, 2026

IPO Close

Fri, Sep 11, 2026

Price Band

₹384 to ₹404

Market Cap*

₹4,246.30 Cr * on Upper Price

IPO Details

  • IPO Date
    9 to 11 Sep, 2026
  • Listing Date
    Thu, Sep 17, 2026
  • Face Value
    ₹1 per share
  • Price Band
    ₹384 to ₹404
  • Lot Size
    37 Shares
  • Sale Type
    Fresh capital cum OFS
  • Issue Type
    Bookbuilding IPO
  • Listing At
    BSE, NSE
  • Employee Discount
    ₹20.00
  • Total Issue Size
    3,10,80,978 shares (agg. up to ₹1,256 Cr)
  • Fresh Issue
    37,15,449 shares (agg. up to ₹150 Cr)
  • Offer for Sale
    2,73,65,529 shares of ₹1 (agg. up to ₹1,106 Cr)
  • Share Holding Pre Issue
    10,13,91,096 shares
  • Share Holding Post Issue
    10,51,06,545 shares

IPO Timetable (Tentative)

  • IPO Open
    Wed, Sep 9, 2026
  • Allotment
    Tue, Sep 15, 2026
  • Credit of Shares
    Wed, Sep 16, 2026
  • IPO Close
    Fri, Sep 11, 2026
  • Refund
    Wed, Sep 16, 2026
  • Listing
    Thu, Sep 17, 2026

Issue Reservation

Investor Category Shares
QIB Not more than 50% of the Net Offer
Retail Not less than 35% of the Net Offer
NII Not less than 15% of the Net Offer

IPO Lot Size

Investors can bid for a minimum of 37 shares and in multiples thereof.

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

Investor Category Reservations

Category Limit Cut-off
RII Up to ₹2 Lakhs Yes
sNII ₹2 Lakhs – ₹10 Lakhs No
bNII Above ₹10 Lakhs No
Employee (EMP) Up to ₹5 Lakhs Yes
Employee + RII/NII Up to ₹5Lakhs (EMP) + RII/NII limits Yes (EMP/RII)

About Rentomojo Ltd.

Incorporated in April 2012, Rentomojo Limited is a technology-driven, full-stack direct-to-consumer (D2C) online rental and subscription platform for furniture and appliances in India.The Company provides consumers with affordable, flexible and long-term subscription plans for home furniture and appliances, enabling them to rent, return, upgrade and relocate products without the need for large upfront purchases or long-term ownership commitments. Its product portfolio includes essential home products such as beds, mattresses, washing machines, refrigerators, wardrobes, sofas, televisions and water purifiers, comprising 851,184 live items as of March 31, 2026.

Rentomojo operates through an integrated asset-lifecycle model covering category management, product design, procurement, refurbishment, servicing, reverse logistics and multi-cycle redeployment. This full-stack approach enables the Company to manage its assets across multiple deployment cycles, improve occupancy and capital efficiency, and provide consistent service throughout the subscription lifecycle. The Company operates through an omni-channel model, combining its online ordering platform with 82 experience stores across India as of March 31, 2026.

As of March 31, 2026, the Company had 253,825 live subscribers across 29 cities in India. It operates 20 warehouses with an aggregate warehousing area of 538,933 sq. ft. and has a network of trained service professionals and logistics partners supporting delivery, installation, maintenance, repairs, relocation and reverse logistics. The Company recorded an average delivery turnaround time of 2.35 days in Fiscal 2026 and maintained an occupancy rate of 83.34% during Fiscal 2026.

The Company operates at the intersection of e-commerce, subscription and re-commerce, integrating its e-commerce, subscription and re-commerce stacks across the consumer and asset lifecycle. This model is designed to generate recurring revenue, extend asset life through refurbishment and redeployment, improve occupancy and reduce new capital expenditure. The Company has also expanded its product portfolio through private-label furniture and appliances, including refrigerators and washing machines manufactured in partnership with Dixon Technologies (India) Limited and its own branded water purifiers.

 

As of March 31, 2026, Rentomojo had 835 permanent employees and 1,772 contractual workforce personnel, supporting its operations across 29 cities in India.

Competitive Strengths

  • Consistently profitable D2C player since Fiscal 2023.
  • Strong subscriber base and extensive product portfolio.
  • Marquee institutional investors and established sponsorship base.
  • Predictable recurring revenues and high return on capital employed.
  • Omni-channel presence through online platform and experience stores.
  • Leading furniture and appliance rental and subscription platform in India.
  • Full-stack asset-lifecycle management supporting multiple asset deployments.
  • Integrated business model combining e-commerce, subscription and re-commerce.(Updated onĀ Sep 4, 2026)

Company Financials (Restated)

Rentomojo Ltd.’s revenue increased by 45% and profit after tax (PAT) rose by 142% between the financial year ending with March 31, 2026 and March 31, 2025.Ā  Ā (Amount in ₹ Crore)

Period Ended 31 Mar 2026 31 Mar 2025 31 Mar 2024
Assets 641.12 449.87 366.20
Total Income 394.09 271.96 195.80
Profit After Tax 104.30 43.11 22.41
EBITDA 163.46 118.44 78.15
NET Worth 295.81 183.61 139.61
Reserves and Surplus 291.71 182.94 138.94
Total Borrowing 187.59 154.58 147.22

Recently Listed IPOs in E-Retail/ E-Commerce

Company Issue Type Issue Size Issue Price PE Ratio Listing Day Close Listing Gain/Loss % LTP
Meesho Ltd. Mainboard ₹5,421.20 Cr ₹111 -11.63 ₹170.09 +53.23% ₹210.30
Urban Co.Ltd. Mainboard ₹1,900.00 Cr ₹103 59.71 ₹166.83 +61.97% ₹176.06
Acetech E-Commerce Ltd. SME ₹48.95 Cr ₹112 19.56 ₹117.60 +5.00% ₹132.00

IPO Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:

  • # Issue Objects
    Est Amt (₹ Cr.)
  • 1 Repayment/ prepayment, in full or in part, of certain outstanding borrowings and accrued interest thereon availed by our Company
    70.00
  • 2 Payment of lease rental/ license fee for our warehouses and experience stores
    42.50
  • 3 General corporate purposes
  • Total
    112.50

Key Performance Indicator (KPI)

KPI Mar 31, 2026 Mar 31, 2025
ROE 43.51% 26.67%
ROCE 25.34% 25.14%
Debt/Equity 0.63 0.84
RoNW 43.51% 26.67%
PAT Margin 26.95% 16.21%
EBITDA Margin 41.48% 43.55%
NAV 28.65 17.81
Price to Book Value 14.10 22.68

IPO Valuation

Valuation Metric Pre IPO Post IPO
EPSĀ (₹) 10.29 9.92
P/E (x) 39.26 40.73
Market Cap at Offer Price ₹4,096Cr. ₹4,246.30 Cr
  • The value will be calculated using Equity Dilution = Share Holding Pre Issue – Share Holding Post Issue
  • The Pre IPO EPS is calculated based on Pre issue shareholding as on date ofĀ RHPĀ and the latest FY earnings as ofĀ March 31, 2026Ā available in RHP.
  • The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings ofĀ March 31, 2026Ā available in RHP.

Shareholding Structure

Category Pre IPO Post IPO
Promoter and Promoter Group 21.49% 19.94%
Public 78.51% 80.06%
Total 100% 100%

Company Promoter:Ā Geetansh Bamania

Offer For Sale – Selling Shareholders

Name Category No. of Shares Offered Amount (₹ cr.)
Geetansh Bamania Promoter 8,49,175 34.31
Accel India IV (Mauritius) Ltd. Corporate 78,46,951 317.02
Edelweiss Discovery Fund-Series I Corporate 28,82,794 116.46
IDG Ventures India Fund III LLC Corporate 28,03,431 113.26
ValueQuest S.C.A.L.E.Fund Corporate 27,13,418 109.62

IPOĀ Registrar

Kfin Technologies Ltd.

IPOĀ Lead Manager(s)

  1. Motilal Oswal Investment Advisors Ltd.
  2. Axis Capital Ltd.
  3. IIFL Capital Services Ltd.

Lead Manager Reports

  • Lead Manager Performance Summary
  • Lead Manager Performance Tracker

Contact Details

Rentomojo Ltd.Ā Address
Second Floor, B Block, BHIVE Workspace no. 112,
AKR Tech Park ā€œAā€ and 7th Mile, Hosur Road,
Krishna Reddy Industrial Area, Bommanahalli
Bangalore Metropolitan Region, Karnataka, 560068

IPO FAQs

Rentomojo IPO is a main-board IPO of 3,10,80,978 equity shares of the face value of ₹1 aggregating up to ₹1,256 Crores. The issue is priced at ₹384 to ₹404. The minimum order quantity is 37.

The IPO opens on Wed, Sep 9, 2026, and closes on Fri, Sep 11, 2026.

Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

Zerodha customers can apply online in Rentomojo IPO using UPI as a payment gateway. Zerodha customers can apply in Rentomojo IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in Rentomojo IPO through Zerodha

Visit the Zerodha website and login to Console.
Go to Portfolio and click the IPOs link.
Go to the ‘Rentomojo IPO’ row and click the ‘Bid’ button.
Enter your UPI ID, Quantity, and Price.
Submit IPO application form.
Visit the UPI App (net banking or BHIM) to approve the mandate.
Visit Zerodha IPO Application Process Review for more detail.

The Rentomojo IPO opens on Wed, Sep 9, 2026 and closes on Fri, Sep 11, 2026.

Rentomojo IPO lot size is 37, and the minimum amount required for application is ₹14,948.

You can apply in Rentomojo IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don’t offer banking services. Read more detail about applying IPO online through Angel One, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.

The finalization of Basis of Allotment for Rentomojo IPO will be done on Tuesday, September 15, 2026, and the allotted shares will be credited to your demat account by Wed, Sep 16, 2026. Check the Rentomojo IPO allotment status.

The Rentomojo IPO listing date is not yet announced. The tentative date of listing is Thu, Sep 17, 2026.

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