Rentomojo IPO Details
Rentomojo IPO Summary
Rentomojo IPO opens for subscription on 09 Sep 2026 and closes on 11 Sep 2026.The IPO will be listed on NSE, BSE with the tentative listing date set for 17 Sep 2026.
Rentomojo IPO price band has been fixed at ₹384 – ₹404 per share. The face value is ₹1 per share with a lot size of 37.
Rentomojo IPO total issue size comprises 3,10,80,978 shares (aggregating up to ₹1255.67 Cr). This includes a fresh issue of 37,15,449 shares (aggregating up to ₹150.10 Cr). Offer for Sale consists of 2,73,65,529 shares (aggregating up to ₹1105.57 Cr). Pre-issue shareholding stands at 10,13,91,096, which will increase to 10,51,06,545 post-issue.
Rentomojo IPO carries a ₹87 (21.53%) GMP, reflecting investor sentiment.
Rentomojo IPO Lot Size :Retail Minimum is 1 lot (37 shares) amounting to ₹14,948. Retail Maximum is 13 lots (481 shares) amounting to ₹1,94,324. SHNI Minimum is 14 lots (518 shares) amounting to ₹2,09,272. SHNI Maximum is 66 lots (2,442 shares) amounting to ₹9,86,568. BHNI Minimum is 67 lots (2,479 shares) amounting to ₹10,01,516.
Rentomojo IPO Details
Rentomojo IPO Subscription
Rentomojo IPO Application Wise Breakup (Approx)
Rentomojo IPO Dates
- 09 Sep 2026Opening dateOpen
- 11 Sep 2026Closing dateClose
- 15 Sep 2026Allotment Date Allotment
- 16 Sep 2026Initiation of RefundsRefund
- 16 Sep 2026Credit of SharesCredit
- 17 Sep 2026Listing dateListing
Rentomojo IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 37 | ₹14,948 |
| Retail Maximum | 13 | 481 | ₹1,94,324 |
| SHNI Minimum | 14 | 518 | ₹2,09,272 |
| SHNI Maximum | 66 | 2442 | ₹9,86,568 |
| BHNI Minimum | 67 | 2479 | ₹10,01,516 |
Rentomojo IPO Reservation
Promoter Holding
Documents
Rentomojo IPO Valuations
Rentomojo Financial Information
| Period Ended | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 641.12 | 449.87 | 366.20 |
| Total Income | 394.09 | 271.96 | 195.80 |
| Profit After Tax | 104.30 | 43.11 | 22.41 |
| EBITDA | 163.46 | 118.44 | 78.15 |
| NET Worth | 295.81 | 183.61 | 139.61 |
| Reserves and Surplus | 291.71 | 182.94 | 138.94 |
| Total Borrowing | 187.59 | 154.58 | 147.22 |
| Amount in ₹ Crore | |||
About Rentomojo IPO
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.
Strength Of Rentomojo IPO
- Consistently profitable D2C player since Fiscal 2023, driven by predictable recurring revenues, acyclical performance and high return on capital employed.
- Leading furniture and appliance rental platform, where scale enables higher subscriber engagements - creating organic demand.
- Integrated multi-stack business model driving a self-reinforcing flywheel at the intersection of e-commerce, subscription, and re-commerce.
- Proven track record of extended reuse during asset life cycle and consistent cohort returns.
- Proprietary technology stack seamlessly facilitating end-to-end operational integration.
- Founder-led company supported by a professional management team and marquee shareholders.
Risk Of Rentomojo IPO
- We derive most of our revenues by renting furniture and appliances (along with other recurring subscriptionrevenue) (97.90%, 98.20% and 98.19% of our revenue from operations for Fiscals 2026, 2025 and 2024,respectively). Consequently, any decline in the demand for renting such products may adversely affect our business,results of operations, financial condition and cash flows.
- If we are unable to procure products from our vendors on commercially acceptable terms or if our third-party manufacturers choose not to manufacture products for us or fail to maintain quality standards or if our margins are impacted by higher supply costs or raw material price increases or delay in supply of the products, our business and reputation may be adversely affected.
- The growth of our business is dependent on our ability to continue to grow the number of subscribers that utilize our rental platform and rental products, and provide high levels of customer experience to increase adoption of our products from existing subscribers. If we are unable to retain our existing subscribers and attract new subscribers, our business, results of operations, financial condition and cash flows may be adversely affected.
- Our historical performance may not be indicative of our future growth or financial results and if we fail to manage our growth or implement our growth strategies, our business, results of operations, financial condition and cash flows may be adversely affected.
- Our revenue is concentrated in key tier-1 and metropolitan markets in India. Adverse local developments could disproportionately impact our business, results of operations, financial condition and cash flows.
- Our operations involve the storage, refurbishment, and movement of assets through and within the warehouses. We have experienced a fire at one of our warehouses in June 2026, and any incident such as fire, natural calamity or operational disruption at these locations could result in asset damage, temporary suspension of operations, increased costs, or delays in service delivery, which may adversely affect our business, results of operations, financial condition and cash flows.
- Our Company, Promoter and certain Directors are involved in certain legal and regulatory proceedings. Any adverse decision in such proceedings may have an adverse effect on our business, financial condition, cash flows and results of operations.
- Our Statutory Auditors have included certain observations on the audited financial statements, as well as certain statements in their auditor's report issued under the Companies (Auditor's Report) Order, 2020 for the years ended March 31, 2026, 2025 and 2024.
- Delays or defaults in payments by subscribers, or premature cancellation of contracts, may adversely affect our business, results of operations, financial condition and cash flows.
- Our Registered Office and Corporate Office each are not located on land owned by us and we have only membership rights. Similarly, our offline experience stores and warehouses are located on leasehold property. In the event we lose or are unable to renew such leasehold or membership rights, our business, results of operations, financial condition and cash flows may be adversely affected.
Objectives Rentomojo IPO
1. Repayment/ prepayment, in full or in part, of certain outstanding borrowings and accrued interest thereon availed by our Company
2. Payment of lease rental/ license fee for our warehouses and experience stores
3. General corporate purposes
Company Contact Details
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
Phone: 9591874499
Email: secretarial@rentomojo.com
Website: https://www.rentomojo.com/
Registrar Contact Details
Rentomojo FAQs
The Rentomojo IPO is a MAINBOARD public issue comprising 31080978 equity shares with a face value of ₹1 each, aggregating to a total issue size of ₹1255.67 Cr. The issue price has been fixed at ₹404 per equity share, and the minimum application size is 37 shares.
The IPO opens for subscription on 09 Sep 2026, and closes on 11 Sep 2026.
Kfin Technologies Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).
As of now, the current GMP stands at ₹87 (21.53%).
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