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Home IPOs Rentomojo Ltd
RE
Rentomojo Ltd
UPCOMING NSE & BSE Bookbuilding IPO Fresh capital cum OFS
GREY MARKET PREMIUM
₹ 0
No premium data
EST. LISTING PRICE
₹404
Issue Price: ₹ 404
Issue Price
₹404
Face Value
₹1
Lot Size
37 shares
Open Date
09 Sep 2026
Close Date
11 Sep 2026
Allotment
15 Sep 2026
Listing Date
17 Sep 2026
Exchange
NSE & BSE
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 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.

     

 


 

Objects of the Issue
Purpose Amount (₹ Cr)
Repayment/ prepayment, in full or in part, of certain outstanding borrowings and accrued interest thereon availed by our Company ₹70
Payment of lease rental/ license fee for our warehouses and experience stores ₹43
General corporate purposes
Lead Managers
Motilal Oswal Investment Advisors Ltd Axis Capital Ltd IIFL Capital Services Ltd
Financial Summary Amount in Crore
Metric 30 Sep 2025 31 Mar 2025 31 Mar 2024
Total Assets 550 450 366
Revenue 179 272 196
PAT 61 61 61
EBITDA 73 118 78
Net Worth 245 184 140
Reserves 245 183 139
Total Borrowing 179 155 147
Key Financial Ratios
ROE
29
ROCE
12
RONW
29
PAT Margin
34
EBITDA Margin
41
Debt/Equity
1
Issue Details
Pre-Issue Shareholding
101,391,096 shares
Post-Issue Shareholding
105,106,545 shares
IPO Analytics Dashboard
LIVE
IPO Insights
📊
Valuation
Moderate
IPO Strength Score
4 / 10 Moderate
0–3 Weak 3–6 Moderate 6–8 Good 8–10 Strong
Category-wise Subscription Shares offered, bid & amount
Category Sub (x) Offered Bid For
🏦 QIB Not more than 50% of the Net Offer
💼 NII / HNI Not less than 15% of the Net Offer
👤 Retail (RII) Not less than 35% of the Net Offer

* Amount calculated at upper price band (₹404) ·  ** Total includes all investor categories

Application Sizing Minimum investment by category
👤 Retail Investors ?
Min. Lots 1
Shares / Lot 37
Min. Investment ₹14,948
💼 HNI Investors ?
Min. Lots 14
Min. Shares 518
Min. Investment ₹209,272
🏛️ bHNI (>₹10L) ?
Min. Lots 67
Min. Shares 2,479
Min. Investment ₹1,001,516
IPO Timeline & Key Dates
  1. 1 💳 Initiation of Refund 16 Sep 2026
  2. 2 📂 Credit of Shares to Demat 16 Sep 2026
Investor Interpretation
  • Detailed subscription data will appear once the IPO opens.

This IPO has relatively lower interest or stretched valuation. Proceed with thorough research and caution.

Company Info
📍 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
Visit Website
Registrar
Kfin Technologies Ltd
Check Allotment Status
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