Rentomojo IPO 2026: Date, Price Band, GMP and Details

Pratheek Suryadev•Listed IPO•Published 7 Sept 2026
Know your investments:Want to understand your own portfolio better?
Get the App
Rentomojo IPO 2026 featured image with a financial illustration.

Dates, price band, lot size, financials and full details of the Rentomojo Limited IPO, sourced from the company's Red Herring Prospectus (RHP).

Rentomojo IPO at a glance

DetailValue
IPO Dates9 to 11 Sep 2026
Price Band₹384 to ₹404
Issue Size₹1,255.57 crore
Lot Size37 shares
Minimum Investment₹14,948
Listing Date17 Sep 2026

Rentomojo Limited is bringing a Book Built Mainboard IPO worth ₹1,255.57 crore. It is a mix of a fresh issue of shares worth ₹150 crore and an Offer for Sale (OFS) worth ₹1,105.57 crore. The IPO is open from 9 September to 11 September 2026 and is proposed to list on the BSE and the NSE.

Rentomojo IPO Details

ParticularsDetails
IPO TypeBook Built Mainboard IPO
Total Issue Size₹1,255.57 crore
Fresh Issue₹150 crore
Offer for Sale (OFS)₹1,105.57 crore (2,73,65,529 shares)
Price Band₹384 to ₹404 per share
Face Value₹1 per share
Lot Size37 shares
Minimum Retail Investment₹14,948 (1 lot, at upper price band)
Listing OnBSE and NSE
Lead ManagerMotilal Oswal Investment Advisors
RegistrarKFin Technologies Limited

Rentomojo IPO Timelines

EventDate
IPO Opens9 September 2026
IPO Closes11 September 2026
Allotment15 September 2026
Refund Initiation16 September 2026
Credit of Shares to Demat16 September 2026
Listing Date17 September 2026

Dates are tentative and may change.

Rentomojo IPO GMP

GMP stands for Grey Market Premium. It is the extra amount some traders are willing to pay for IPO shares in an informal market before listing, on top of the issue price. This market runs outside the stock exchanges, so the figure is unregulated, unverified, and can move sharply within a single day. A high GMP does not confirm a listing gain, and a low one does not rule it out, because it tracks short-term sentiment rather than the worth of the business. A steadier read on the IPO comes from the company's financials, how it plans to use the money, its valuation, and the risk factors set out in the Red Herring Prospectus (RHP).

About Rentomojo Limited

Incorporated in April 2012, Rentomojo Limited is a technology-driven, direct-to-consumer (D2C) online rental and subscription platform for furniture and appliances in India. It lets consumers subscribe to products such as furniture, appliances, and other household items on a monthly basis instead of buying them outright, and manages the full asset life cycle from delivery to refurbishment and reuse.

As of 31 March 2026, the company had 2,53,825 live subscribers and a portfolio of 8,51,184 live items across furniture and appliances, and maintained an occupancy rate of 83.34%. It operates in 29 cities in India through 20 warehouses and 82 experience stores, all held on a leasehold basis.

The company's promoter is Geetansh Bamania, who is its Chairperson, Managing Director, and Chief Executive Officer, and held 14.69% of the pre-Offer share capital.

What are the Key Strengths of Rentomojo (as stated in the RHP)

  • Integrated multi-stack business model driving a self-reinforcing flywheel across e-commerce, subscription, and re-commerce.
  • Proven track record of extended reuse during the asset life cycle and consistent cohort returns.
  • Proprietary technology stack that seamlessly facilitates end-to-end operational integration.
  • Founder-led company supported by a professional management team and marquee shareholders.
  • Capital-light expansion to capture urbanisation-driven growth.

What the Money Will Be Used For

The IPO is a fresh issue of ₹150 crore and an Offer for Sale (OFS) of ₹1,105.57 crore. The OFS money goes to the selling shareholders, who are investor shareholders in the company. The company will use the money from the fresh issue for the following:

Object of the IssueAmount
Repayment or prepayment of certain outstanding borrowings and accrued interest₹70 crore
Payment of lease rental or licence fee for warehouses and experience stores₹42.5 crore
General corporate purposesBalance amount

What are the Company Financials of Rentomojo

Restated consolidated figures, in ₹ crore.

ParticularsFY 2026FY 2025FY 20242-Yr CAGR
Total Income394.09271.96195.8041.87%
Profit After Tax (PAT)104.3043.1122.41115.72%
EBITDA163.46118.4478.1544.62%
Net Worth295.81183.61139.6145.56%
Total Borrowing187.59154.58147.2212.88%

2-Yr Compound Annual Growth Rate (CAGR) is calculated from FY 2024 to FY 2026.

Who Can Apply

The offer is split across investor categories as follows:

CategoryShare of the Net Offer
Qualified Institutional Buyers (QIB)Not more than 50%
Non-Institutional Investors (NII)Not less than 15%
Retail Individual Investors (RII)Not less than 35%

How to Apply for the Rentomojo IPO

You can apply online through your broker app or through your bank's net banking using the Application Supported by Blocked Amount (ASBA) facility.

  1. Log in to your broker app or your bank's net banking.
  2. Open the IPO section and select Rentomojo IPO.
  3. Enter the number of lots and your bid price, or select the cut-off price.
  4. Enter your Unified Payments Interface (UPI) ID, or confirm your bank account for the ASBA route.
  5. Submit the application form.
  6. Approve the mandate request in your UPI app to block the funds until allotment.

How to Check Allotment Status

The basis of allotment is expected to be finalised on 15 September 2026. Once it is out, you can check your allotment status in three ways. You will need your PAN, application number, or DP/Client ID.

  • On the registrar's website, KFin Technologies, at the IPO status page.
  • On the BSE or NSE website under the IPO allotment section.
  • Inside your broker app, under orders or IPO history.

Key Risk Factors

The RHP lists several risk factors. A few of the key ones are summarised below. Please read the full RHP for the complete list.

  • Revenue is concentrated in key tier-1 and metropolitan markets in India.
  • The business depends on maintaining high occupancy rates, which were 83.34%, 82.82%, and 86.43% in FY 2026, FY 2025, and FY 2024.
  • Delays or defaults in subscriber payments, or premature cancellation of contracts, may affect the business.
  • Rental assets are subject to depreciation, and the company may be required to recognise impairment losses.
  • The company, its promoter, and certain directors are involved in certain legal and regulatory proceedings.
  • Failures or interruptions in its technology platforms could adversely affect the business and reputation.
  • Cybersecurity breaches or attacks against its systems could adversely affect the business.
  • The company depends on third-party transport service providers for timely delivery of products.
  • It requires working capital for its continued operation and growth.
  • Its registered office and corporate office are on premises it does not own, held on membership rights.

Frequently Asked Questions (FAQs)

1. When does the Rentomojo IPO open and close?

The IPO opens on 9 September 2026 and closes on 11 September 2026.

2. What is the price band of the IPO?

The price band is ₹384 to ₹404 per share.

3. What is the lot size?

One lot is 37 shares. Applications are made in multiples of 37 shares.

4. What is the minimum investment for retail investors?

The minimum investment is ₹14,948 at the upper price band (1 lot of 37 shares).

5. When is the allotment date?

The allotment is expected to be finalised on 15 September 2026, with shares credited to demat accounts by 16 September 2026.

6. When is the listing date?

The shares are proposed to be listed on the BSE and the NSE on 17 September 2026 (tentative).

7. What does Rentomojo do?

It is a technology-driven, direct-to-consumer online rental and subscription platform for furniture and appliances in India.

8. What is the GMP of the Rentomojo IPO?

GMP, or Grey Market Premium, is an informal pre-listing price that sits outside the stock exchanges and is neither regulated nor verified. It shifts with day-to-day sentiment and does not confirm how the shares will list. A more reliable picture comes from the company's financials, valuation, and the risks in the RHP.

9. Who is the registrar for the IPO?

KFin Technologies Limited is the registrar. Allotment status can be checked on its website.

Read the full Red Herring Prospectus (RHP): View the official RHP filed with SEBI and the exchanges.

Disclaimer: This page is for informational purposes only and is not investment advice, a recommendation, or an offer to buy or sell any securities. All figures are sourced from the company's Red Herring Prospectus and public filings and may change. Investments in securities are subject to market risks. Please read all offer documents carefully and consult a registered financial advisor before making any investment decision.

Know your investments

See how diversified your portfolio is

Ask NovaAI