IPO details · Updated
Rentomojo Limited
- Price Band
- ₹384 – ₹404
- Lot Size
- 37 shares
- Min. Investment
- ₹14,948
- Issue Size
- ₹1,255.57 Cr
- Offer Dates
- 9 Sept – 11 Sept 2026
- Listing
- 17 Sept 2026
Issue Details
- Total Issue Size
- ₹1,255.57 Cr
- 3,10,80,011 shares
- Fresh Issue
- ₹150.06 Cr
- 37,14,482 shares
- Offer for Sale
- ₹1,105.51 Cr
- 2,73,65,529 shares
- Face Value
- ₹1 per share
- Issue Type
- Book-built IPO
- Listing At
- BSE, NSE
- Shares Pre-Issue
- 10,04,00,342
- Shares Post-Issue
- 10,41,14,824
IPO Timeline
Offer opens
9 Sept 2026
Offer closes
11 Sept 2026
Allotment
15 Sept 2026
Listing
17 Sept 2026
Issue Allocation
Share of the offer reserved for each investor category
- Anchor29.9%93,08,667 shares
- QIB20.0%62,05,779 shares
- HNI15.0%46,54,335 shares
- Retail34.9%1,08,60,114 shares
- Employee0.2%52,083 shares
Subscription Status
Times subscribed by investor category
| Category | Offered | Bids | Subscribed |
|---|---|---|---|
| QIB | 62,05,779 | 1,10,02,38,438 | 177.29x |
| NII | 46,54,335 | 31,61,47,203 | 67.93x |
| Retail | 1,08,60,114 | 16,93,29,945 | 15.59x |
| Employee | 52,083 | 10,95,126 | 21.03x |
| Total | 2,17,72,311 | 1,58,68,10,712 | 72.88x |
Lot Size & Investment
1 lot = 37 shares
Retail (min)
1 lot · 37 shares
Retail (max)
13 lots · 481 shares
S-HNI (min)
14 lots · 518 shares
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail | 1 | 37 | ₹14,948 |
| Small HNI (S-HNI) | 14 | 518 | ₹2,09,272 |
| Big HNI (B-HNI) | 67 | 2,479 | ₹10,01,516 |
Financial Performance
Restated figures in ₹ crore, unless stated otherwise
| Period | Mar-26 | Mar-25 | Mar-24 |
|---|---|---|---|
| Assets | 641.12 | 449.87 | 366.2 |
| Total Income | 394.09 | 271.96 | 195.8 |
| Profit After Tax | 104.3 | 43.11 | 22.41 |
| EBITDA | 163.46 | 118.44 | 78.15 |
| Net Worth | 295.81 | 183.61 | 139.61 |
| Reserves & Surplus | 291.71 | 182.94 | 138.94 |
| Total Borrowing | 187.59 | 154.58 | 147.22 |
Key Performance Indicators
| Period | Mar-26 | Mar-25 |
|---|---|---|
| RoNW (%) | 43.51 | 26.67 |
| EPS (₹) | — | 10.29 |
| P/E (pre-issue) | — | 39.26 |
| P/E (post-issue) | — | 40.73 |
About Rentomojo Limited
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
- Repayment/ prepayment, in full or in part, of certain outstanding borrowings and accrued interest thereon availed by our Company (₹70.00 Cr)
- Payment of lease rental/ license fee for our warehouses and experience stores (₹42.50 Cr)
- General corporate purposes (₹28.87 Cr)
- Issue Expenses (₹71.83 Cr)
Promoters
- <p>Geetansh Bamania</p>
Company Information
- Book running lead managers
- Motilal Oswal Investment Advisors Ltd.
- Axis Capital Ltd.
- IIFL Capital Services Ltd.
- Registered office
- 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
Official Documents
Opens the source filing in a new tab
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