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Rentomojo IPO Listing Price, Gain & Allotment
Listed
Mainboard IPO
BSE, NSE
Listed 17 Sep 2026
· updated 1 month ago
Price band
₹404
GMP
+₹87
Est. listing price₹491
Est. listing gain21.53%
Issue size₹1,255.57 Cr
Rentomojo IPO Details
Open DateWed, 9 Sep 2026
Close DateFri, 11 Sep 2026
Listing DateThu, 17 Sep 2026
Listing AtBSE, NSE
Price Band₹404 per share
Lot Size37 shares
Min. Investment₹14,948
Issue Size₹1,255.57 Cr
Rentomojo IPO Dates & Timeline
Tentative dates follow SEBI's T+3 listing timelineIPO Opens
Wed, 9 Sep
IPO Closes
Fri, 11 Sep
Basis of Allotment
Mon, 14 Sep
Tentative
Refunds Initiated
Tue, 15 Sep
Tentative
Shares Credited to Demat
Tue, 15 Sep
Tentative
Listing Date
Thu, 17 Sep
Rentomojo IPO GMP Today
All IPO GMP
GMP today
+₹87
Est. listing price
₹491
Est. gain %
21.53%
Est. profit / lot
₹3,219
GMP is an unofficial grey-market indicator and can change quickly. It does not guarantee listing gains.
Try the GMP calculator · What is GMP? · GMP of all IPOs
Final visitor sentiment
Visitor opinion poll, not investment advice.
Rentomojo IPO Subscription Status
As of 11 Sep, 7:00 PM
Retail (RII)
15.59x
NII / HNI
67.93x
bHNI (>₹10L)
73.16x
sHNI (₹2–10L)
57.45x
QIB
177.29x
Employees
21.03x
Total
72.88x
Times subscribed per category, from NSE (bids on NSE and BSE combined). Final figures after bidding closed.
Rentomojo IPO Listing Price & Gain
Issue price₹404
Listing price (NSE)₹482.45
Listing gain+19.42%
Listing-day close₹534.25 (+32.2%)
The last GMP before listing (₹87) pointed to about ₹491; the shares opened 2.1 points below that estimate. How accurate is GMP?
Rentomojo IPO Allotment Status
The registrar for this IPO is KFin Technologies. You can also check on the exchange websites using your PAN or application number.
New to this? Read how to check IPO allotment status or see all IPOs awaiting allotment.
Rentomojo IPO Lot Size & Minimum Investment
At upper price band of ₹404| 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 |
Rentomojo IPO analysis: what the numbers say
Rentomojo is a full-stack, technology-driven direct-to-consumer (D2C) online furniture and appliance rental and subscription service in India. The ₹1,255.57 Cr issue combines a fresh issue of ₹150 Cr, which goes to the company, and an offer for sale (OFS) of ₹1,106 Cr by existing shareholders, so about 12% of the money raised reaches the business. Promoter holding falls from 21.49% to 19.94% after the issue.
Revenue rose from ₹195.8 Cr in FY24 to ₹394.09 Cr in FY26, a compound annual growth of 41.9%. Profit after tax grew from ₹22.41 Cr to ₹104.3 Cr. That is a net profit margin of 26.5% in FY26. Borrowings were 0.63 times net worth at the end of FY26.
The issue closed subscribed 72.88x overall (QIB 177.29x, NII 67.93x and retail 15.59x). Rentomojo listed at ₹482.45 on 17 Sep 2026, +19.4% against the issue price of ₹404. The last GMP before listing had pointed to about ₹491, so it opened 2.1 points below the grey market estimate. It closed the first day at ₹534.25 (+32.2%).
Worked out by IPO Darbaar from the offer document, exchange data and the latest GMP. For information only, not a recommendation.
Rentomojo IPO Issue Structure
Fresh issue ₹150 Cr (11.9%)
Offer for sale ₹1,106 Cr (88.1%)
Face value₹1 / share
Market cap (post issue)—
Promoter holding (pre)21.49%
Promoter holding (post)19.94%
- Promoters
- Geetansh Bamania
- Book running lead managers
- Motilal Oswal Investment Advisors Ltd.
Objects of the Rentomojo IPO
- Repayment/ prepayment, in full or in part, of certain outstanding borrowings and accrued interest thereon availed by our Company. ~ Rs. 70 Cr.
- Payment of lease rental/ license fee for our warehouses and experience stores. ~ Rs. 42.50 Cr.
Rentomojo IPO Strengths & Risks
Strengths
- D2C player that has been consistently profitable since Fiscal 2023.
- Robust subscriber base and wide range of products.
- Establishes a foundation of sponsorship and attracts institutional investors.
- Recurring income that is predictable and a high return on investment.
Risks
- For product sourcing and manufacturing, the corporation relies on suppliers and outside manufacturers. Its business and reputation could be negatively impacted by unfavorable supply terms, manufacturing disruptions, quality problems, increased supply costs, rising raw material prices, or supply delays.
- The company's capacity to build its subscriber base and provide excellent customer service will determine how far it can go. Its business, financial situation, and cash flows could be negatively impacted if it is unable to keep current subscribers or draw in new ones.
- The availability and provision of the company's services depend on its technological platforms. Its company and reputation could be negatively impacted by any technological malfunction or disruption in platform availability.
Rentomojo Financials
Restated, ₹ crore
FY24
FY25
FY26
Revenue Profit after tax
| Period ended | FY2431 Mar 2024 | FY2531 Mar 2025 | FY2631 Mar 2026 |
|---|---|---|---|
| Revenue | 195.8 | 271.96 | 394.09 |
| Profit after tax | 22.41 | 43.11 | 104.3 |
| Net worth | 139.61 | 183.61 | 295.81 |
| Total assets | 366.2 | 449.87 | 641.12 |
| Total borrowings | 147.22 | 154.58 | 187.59 |
| PAT margin | 11.45% | 15.85% | 26.47% |
Rentomojo Key Performance Indicators (KPIs)
ROE43.51%
ROCE25.34%
RoNW43.51%
Debt / Equity0.63
About Rentomojo IPO
Rentomojo is a mainboard IPO worth ₹1,255.57 crore with a price band of ₹404 per share. The issue opens on 9 September 2026 and closes on 11 September 2026. Shares are expected to list on 17 September 2026 on BSE, NSE.
Rentomojo IPO is a Mainboard IPO with an issue size of Rs. 1,255.57 Cr by Rentomojo Limited, which is a full-stack, technology-driven direct-to-consumer (D2C) online furniture and appliance rental and subscription service in India.
Customers may rent, return, upgrade, and transfer items without having to make significant upfront expenditures or commit to long-term ownership thanks to the company's inexpensive, flexible, and long-term subscription plans for home furnishings and appliances.
As of March 31, 2026, its product portfolio comprised 851,184 live objects, including necessities for the household including beds, mattresses, washing machines, refrigerators, closets, sofas, televisions, and water purifiers.
Category management, product design, procurement, refurbishing, servicing, reverse logistics, and multi-cycle redeployment are all covered by Rentomojo's comprehensive asset-lifecycle approach. The company can manage its assets over several deployment cycles, increase occupancy and capital efficiency, and deliver reliable service thanks to this full-stack solution. This new IPO is to be launched on 09 Sep 2026, and its ‘initial public offering’ will end on 11 Sep 2026.
Rentomojo IPO: FAQs
What is the subscription status of Rentomojo IPO?
The issue closed subscribed 72.88x overall (QIB 177.29x, NII 67.93x and retail 15.59x). Figures are from NSE and cover bids on both exchanges.
What was the listing price of Rentomojo IPO?
Rentomojo listed at ₹482.45 on 17 Sep 2026, +19.4% against the issue price of ₹404. The last GMP before listing had pointed to about ₹491, so it opened 2.1 points below the grey market estimate. It closed the first day at ₹534.25 (+32.2%).
What is the price band of Rentomojo IPO?
The Rentomojo IPO price band is ₹404 per share and the issue size is ₹1,255.57 crore.
What is the lot size and minimum investment for Rentomojo IPO?
One lot of Rentomojo IPO has 37 shares. The minimum application for retail investors is 1 lot (37 shares), which costs ₹14,948 at the upper price band.
When does Rentomojo IPO open and close?
Rentomojo IPO opens for subscription on Wednesday, 9 September 2026 and closes on Friday, 11 September 2026. Bids are accepted until 5 PM on the closing day.
What is the Rentomojo IPO allotment date?
The basis of allotment for Rentomojo IPO is expected to have been finalised on Monday, 14 September 2026, one working day after the issue closes (SEBI T+3 timeline).
How to check Rentomojo IPO allotment status?
Visit the website of the registrar, KFin Technologies, select Rentomojo IPO and search by PAN or application number. You can also check on the IPO allotment status page or on the BSE and NSE websites.
When is Rentomojo IPO listing date?
Rentomojo shares listed on BSE, NSE on Thursday, 17 September 2026 at ₹482.45 per share.
Is Rentomojo a mainboard or SME IPO?
Rentomojo is a mainboard IPO, listing on the main board of BSE, NSE.
Last updated 28 Sep 2026, 11:54 PM IST. GMP is unofficial and indicative; dates after the issue closes are tentative. Not investment advice.