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Rentomojo Limited

MainboardlistedNSE · BSE
09 Sep 2026 – 11 Sep 2026
LISTED
Offer Price
₹384–404
Bid lot
37
Min Application
₹14,948
Issue Size
₹152 Cr

Key dates

Open date
09 Sep 2026
Done
Close date
11 Sep 2026
Done
Basis of allotment
15 Sep 2026
Done
Initiation of refunds
15 Sep 2026
Done
Credit to demat
15 Sep 2026
Done
Listing date
17 Sep 2026
Done

Issue reservation

₹152 Cr
QIB 50%10%5%Retail 35%
QIB
18.8 L sh · ₹76.00 Cr
50%
HNI (10L+)
3.8 L sh · ₹15.20 Cr
10%
HNI (2-10L)
1.9 L sh · ₹7.60 Cr
5%
Retail
13.2 L sh · ₹53.20 Cr
35%
Applications required for 1× subscription
Retail (≤₹2L)
35,590 forms
S-HNI (₹2–10L)
363 forms
B-HNI (>₹10L)
152 forms
From this issue's reservation split and lot size — the minimum bid each category can place.
BRLM: Motilal Oswal Investment Advisors Limited · Axis Capital Limited

Lot ladder — how much to bid

1 lot = 37 shares
Retail · Up to ₹2 L1–13 lots
Min · 1 lot
37 sh · ₹14,948
Max · 13 lots
481 sh · ₹1,94,324
S-HNI · ₹2 L to ₹10 L14–66 lots
Min · 14 lots
518 sh · ₹2,09,272
Max · 66 lots
2,442 sh · ₹9,86,568
B-HNI · Above ₹10 L67+ lots
Min · 67 lots
2,479 sh · ₹10,01,516
Entry point
₹10,01,516 onward

Issue details

Lead managersMotilal Oswal Investment Advisors Limited, Axis Capital Limited
Fresh issue37,12,871 sh · ₹150 Cr
Offer for sale49,505 sh · ₹2 Cr
Face value₹10
Listing onNSE · BSE
RegistrarKfin Technologies Ltd.
Grey-market sentiment
Premium / share
+₹140
Est. listing price₹544
Est. listing gain+34.7%

⚠ Grey-market premium is unofficial, unregulated and not investment advice. 7-day trend shown.

Financials

Particulars

FY26

FY25

FY24

Assets

641.12

449.87

366.2

Total Income

394.09

271.96

195.8

PAT

104.3

43.11

22.41

Net Worth

295.81

183.61

139.61

Reserve & Surplus

291.71

182.94

138.94

Total Borrowing

187.59

154.58

147.22

Objects of the issue
  • Repayment/Prepayment of Borrowings: ₹70.00 Cr
    Repayment or prepayment, in full or part, of certain outstanding borrowings and accrued interest.

  • Lease Rentals & Licence Fees: ₹42.50 Cr
    Payment of lease rentals/licence fees for warehouses and experience stores.

  • General Corporate Purposes

About the company

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 offers affordable, flexible and long-term subscription plans, enabling consumers to rent, return, upgrade and relocate products without significant upfront purchases or long-term ownership commitments.

As of March 31, 2026, the Company’s portfolio comprised 851,184 live items across key home categories, including beds, mattresses, washing machines, refrigerators, wardrobes, sofas, televisions and water purifiers. The Company had 253,825 live subscribers across 29 cities in India and operated through an omni-channel network comprising its online platform and 82 experience stores.

Rentomojo follows an integrated asset-lifecycle model covering category management, product design, procurement, refurbishment, servicing, reverse logistics and multi-cycle redeployment. This model enables the Company to manage assets across multiple deployment cycles, enhance occupancy and capital efficiency, extend asset life and provide consistent services throughout the subscription lifecycle. During Fiscal 2026, the Company recorded an average delivery turnaround time of 2.35 days and an occupancy rate of 83.34%.

The Company operates at the intersection of e-commerce, subscription and re-commerce, integrating these platforms across the consumer and asset lifecycle to generate recurring revenue, improve asset utilisation and reduce new capital expenditure requirements. Its product portfolio has also been expanded 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 operated 20 warehouses with an aggregate warehousing area of 538,933 sq. ft. and was supported by 835 permanent employees and 1,772 contractual workforce personnel. Its trained service professionals and logistics partners support delivery, installation, maintenance, repairs, relocation and reverse logistics across its 29-city operating footprint.

Company strengths

  • Consistent Profitability: Profitable D2C business since Fiscal 2023, demonstrating a track record of sustainable operations and financial performance.

  • Strong Subscriber Base and Diverse Product Portfolio: Established subscriber base supported by an extensive portfolio of furniture and appliances catering to diverse consumer needs.

  • Marquee Institutional Investor Base: Backed by marquee institutional investors and an established sponsorship base, providing credibility and financial support.

  • Predictable Recurring Revenues and Attractive Capital Efficiency: Subscription-led business model supports predictable recurring revenues and high return on capital employed.

  • Omni-Channel Customer Reach: Integrated presence across its online platform and experience stores, enabling customers to engage with the Company through multiple channels.

  • Leading Rental and Subscription Platform: Established position as a leading furniture and appliance rental and subscription platform in India.

  • Full-Stack Asset-Lifecycle Management: End-to-end management of the asset lifecycle, including procurement, refurbishment, servicing, reverse logistics and redeployment, supporting multiple asset deployment cycles.

  • Integrated E-commerce, Subscription and Re-commerce Model: Integrated business model spanning e-commerce, subscription and re-commerce, enabling efficient management of the consumer and asset lifecycle.

Registered office & contact

Rentomojo Limited

Address : 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

  • 9591874499

  • secretarial@rentomojo.com

Documents

Filed with SEBI / the exchange by the issuer. Opens on the issuer's or the regulator's site.

How to apply
1Create your account & log inSign up on Investoyard and complete a quick KYC.
2Pick the IPO & tap ApplyOpen the live IPO and choose your investor category.
3Enter bid & quantityUp to 3 bids · cut-off or price band · retail cap ₹2,00,000.
4Approve the UPI mandateYou receive a fund-block request on your UPI app.
5DoneFunds stay blocked until allotment, then auto-debited (or released).
Frequently asked questions
What is the minimum investment in the Rentomojo Limited IPO?

One lot of 37 shares — ₹14,948 at the upper price band of ₹404.

How many bids can I place?

Up to 3 bids per application. Retail applications are capped at ₹2,00,000; above that you must apply in the HNI category.

When are the funds debited?

Funds are blocked via a UPI mandate at application and debited only on allotment. If shares are not allotted, the block is released automatically.

When will the shares list?

Tentative listing on 2026-09-17 on NSE / BSE.

₹384–404
Applications are closed.