eyepio

Rentomojo IPO

Rentomojo Limited · Furniture and Appliance Rental

ListedMainboardNSEBSEBook built
Issue price
₹404per share
Issue size
₹1,255.57 Cr3,10,80,978 shares
Face value
₹1per equity share
Lot size
37 sharesMin. ₹14,948 at the upper price
  1. Anchor bidding
    Tue, 2026
  2. Opens
    Wed, 2026
  3. Closes
    Fri, 2026
  4. Allotment
    Tue, 2026
  5. Listing
    Thu, 2026

Dates marked in the offer document as tentative. Times in IST.

Information only, not investment advice. This page provides information compiled from official offer documents for information purposes only. It is not investment advice or a recommendation to apply for, buy or sell any security. We are not a SEBI-registered investment adviser or research analyst. Investments in IPOs are subject to market risks; read the offer document carefully before investing.

Issue details

Issue type
Book built, fresh issue and offer for sale
Fresh issue
37,15,449 shares (₹150 Cr)
Offer for sale
2,73,65,529 shares (₹1,105.57 Cr)
Total issue
3,10,80,978 shares (₹1,255.57 Cr)
Face value
₹1
Listing at
NSE, BSE

Source: ProspectusUpdated

Reservation

Share of the total issue
  • Retail43.7%
  • Anchor37.4%
  • Big NII12.5%
  • Small NII6.2%
  • Employees0.2%
CategorySharesOf net offerStated in RHP
Retail individual investors1,08,60,11443.66%35%
Non-institutional investors (NII)46,54,33518.71%15%
Small NII (₹2–10 lakh)15,51,4456.24%—
Big NII (above ₹10 lakh)31,02,89012.47%—
Qualified institutional buyers (QIB)1,55,14,44662.37%50%
Anchor investors93,08,66737.42%—
Employees52,0830.21%—

Source: ProspectusUpdated

Lot size

Amounts at ₹404 per share
CategoryLotsSharesAmount
Employees137₹14,948
Retail individual investors137₹14,948

Source: ProspectusUpdated

Special quotas

Employees
₹20 discount per share

Source: ProspectusUpdated

Subscription

Category-wise subscription is published by the exchanges while the issue is open. It appears here once the figures are added.

Valuation

FY 2025-26
EPS (basic)
₹10.42
EPS (diluted)
₹10.1
P/E (FY 2025-26 basic EPS at Floor Price)
36.85×
P/E (FY 2025-26 basic EPS at Cap Price)
38.77×
RoNW
43.51%
ROCE (FY 2025-26 adjusted RoCE)
25.34%
NAV per share (As on March 31, 2026)
₹28.65
NAV per share (After the Offer at Offer Price)
₹42.82
EBITDA margin
41.48%
PAT margin
26.95%

Source: ProspectusUpdated

Financials

Consolidated, restated · ₹ crore
RevenueProfit after tax
Period ended31 Mar 2026FY 2025-2631 Mar 2025FY 2024-2531 Mar 2024FY 2023-24
Revenue from operations386.99265.96192.70
Total income394.09271.96195.80
EBITDA163.46118.4478.15
Profit after tax104.3043.1122.41
Net worth295.81183.61139.61
Reserves and surplus291.71182.94138.94
Total assets641.12449.87366.20
Total borrowing187.59154.58147.22

FY 2025-26 vs FY 2024-25: revenue +45.5%, profit after tax +142.0%.

Source: ProspectusUpdated

About the company

Operates a technology-driven, direct-to-consumer online platform that rents furniture and home appliances to subscribers on flexible monthly plans. It runs its own warehouses, service network and experience stores, and manages the full asset lifecycle including refurbishment and redeployment.

Incorporated
2012
Industry
Furniture and Appliance Rental
CIN
U72200KA2012PLC063551

Source: ProspectusUpdated

Promoters and shareholders

NameTypeBefore issueAfter issueShares offered
Geetansh BamaniaPromoter14.69%—8,49,175
Accel India IV (Mauritius) LimitedSelling shareholder——78,46,951
Edelweiss Discovery Fund - Series ISelling shareholder——28,82,794
IDG Ventures India Fund III LLCSelling shareholder——28,03,431
ValueQuest S.C.A.L.E. FundSelling shareholder——27,13,418
Madison India Opportunities V VCCSelling shareholder——23,98,550
Chiratae Trust (through Vistra ITCL (India) Limited and Naigama Investment Manager LLP)Selling shareholder——20,02,019
GMO Payment Gateway IncSelling shareholder——15,12,800
GMO GFF Limited PartnershipSelling shareholder——8,42,174
Renaud LaplancheSelling shareholder——7,55,405

Source: ProspectusUpdated

Objects of the issue

₹ crore
PurposeAmount
Repayment or prepayment of certain outstanding borrowings and accrued interest70.00
Payment of lease rental and license fees for warehouses and experience stores42.50
General corporate purposes28.87

Source: ProspectusUpdated

Strengths and risks

Our summary of what the offer document states

Strengths

  • Reports consistent profitability over the last three fiscal years, per the Redseer report cited.
  • Presents itself as a market leader in organised home furniture and appliance rental, excluding water purifiers.
  • Runs an integrated model spanning e-commerce, subscriptions, and refurbishment of rented assets over multiple cycles.
  • Operates a large in-house and contractual service network and a proprietary ticketing technology stack.
  • Founder-led, with the promoter serving as Chairperson, Managing Director and CEO.

Risks

  • Most revenue comes from rental of furniture and appliances, so falling rental demand would hurt results.
  • Depends on a limited set of vendors and third-party manufacturers for products, creating supply and quality risk.
  • Growth depends on attracting and retaining subscribers, and complaint handling may not satisfy them.
  • Net Proceeds funding requirements have not been appraised by any bank or financial institution, so delays or cost overruns are possible.
  • The company will not receive any proceeds from the Offer for Sale, and the listed price may not reflect the offer price.

Source: ProspectusUpdated

Contacts

Lead manager
Motilal Oswal Investment Advisors Limited
SEBI INM000011005
Lead manager
Axis Capital Limited
SEBI INM000012029
Lead manager
IIFL Capital Services Limited
SEBI INM000010940
Company
Rentomojo Limited
secretarial@rentomojo.com
9591874499 / 9731814023

Source: ProspectusUpdated

Allotment status

Check whether shares were allotted on the official pages below, using your PAN, application number or DP/client ID. Results appear once the basis of allotment is finalised.

Allotment
Refunds
Demat credit
Listing

Source: ProspectusUpdated

After listing

Listing price, day-one high and low, and the change from the issue price (₹404) appear here after the shares list on NSE and BSE.

Work out the gain or loss on allotted shares after charges and tax →

Frequently asked questions

When does the Rentomojo IPO open and close?

According to the Prospectus, the issue opens on Wednesday, 9 September 2026 and closes on Friday, 11 September 2026.

What is the Rentomojo IPO price band?

The final issue price is ₹404 per share.

What is the lot size of the Rentomojo IPO?

One lot is 37 shares, which is ₹14,948 at ₹404 per share.

Where will Rentomojo shares list?

On NSE and BSE. The tentative listing date is Thursday, 17 September 2026.

Who is the registrar of the issue?

KFin Technologies Limited (SEBI registration INR000000221). Allotment status is checked on the registrar's website.

How do I check the Rentomojo IPO allotment status?

The basis of allotment is expected to be finalised on Tuesday, 15 September 2026. After that, search by PAN, application number or DP/client ID on the registrar's website (KFin Technologies Limited), the NSE website or the BSE website. Shares that are allotted are credited to your demat account; for an application that is not allotted, the blocked amount is released.

How will the money raised be used?

₹70 Cr for repayment or prepayment of certain outstanding borrowings and accrued interest, ₹42.5 Cr for payment of lease rental and license fees for warehouses and experience stores, ₹28.87 Cr for general corporate purposes.

Spotted something wrong?

Our data comes from official offer documents, but mistakes can slip through. Report an error and tell us which figure looks wrong and where you saw the correct one (the offer-document page number helps). For anything else, see Contact.