Rentomojo IPO GMP today is Rs 86. Investors can use this GMP along with price band and subscription status for a better IPO review.
Listed
Mainboard IPO
RENTOMOJO
Rentomojo IPO GMP, Subscription & Allotment Status Today
Rentomojo is an Indian direct-to-consumer platform offering flexible home furniture and appliance rental subscriptions in major metropolitan areas like Bengaluru, Mumbai, and Hyderabad. The company manages the complete asset lifecycle—from procurement and maintenance to refurbishment and resale—utilizing both third-party brands and private-label products. Revenue is primarily driven by monthly subscriptions, supplemented by delivery and installation services targeting urban consumers.
- Price Band
- ₹384.00 - ₹404.00
- Lot Size
- 37 Shares
- Bidding Closes
- 11 Sept 2026
- Listing Date
- 17 Sept 2026
Current GMP Status
₹86
+21.29% vs upper band
Est. Listing Gain
+18.81%
Last Trend
17 Sept 2026
Listing Price
₹480.00
Retail Entry
₹14,948
IPO Details
Complete IPO information
| Current GMP | ₹86 |
|---|---|
| Estimated Listing Gain | +18.81% |
| Price Band | ₹384.00 - ₹404.00 |
| Issue Price | Approx ₹1255.57 Crores |
| Listing Price | ₹480.00 |
| Lot Size | 37 Shares |
| Issue Type | Mainboard |
| Registrar | TBA |
| Exchange | BSE, NSE |
| Retail Quota | TBA |
| Overall Subscription | 72.88x |
| Listing Date | 17 Sept 2026 |
| Minimum Investment | ₹14,948 |
Demand Tracker
Subscription Status
| Category | Shares Reserved | Shares Applied | Subscription (x) |
|---|---|---|---|
| QIB | 62.06 | 11002.38 | 177.29x |
| NII | 46.54 | 3161.47 | 67.93x |
| Retail | 108.60 | 1693.25 | 15.59x |
| Overall Subscription | 217.72 | 15868.06 | 72.88x |
Company data
{Rentomojo}: financials, valuation & listing
Listing details
| Listing date | 17 Sept 2026 |
|---|---|
| NSE symbol | RENTOMOJO |
| BSE code | 544915 |
| ISIN | INE08T701025 |
| Offer price | ₹384 – ₹404 |
| Face value | ₹1 |
| Listing price | ₹482.25 |
Valuation
| Return on equity (ROE) | 43.51% |
|---|---|
| Return on capital employed (ROCE) | 25.34% |
| EBITDA margin | 41.48% |
| PAT margin | 26.95% |
| Debt to equity | [.] |
| EPS | 10.42 (Basic) |
| P/E ratio | N/A |
| Return on net worth | 43.51% |
| NAV per share | 28.65 |
Financial history
| Period | Revenue | Expense | PAT | Assets |
|---|---|---|---|---|
| 2024 | 195.80 Cr. | 173.39 Cr. | 22.41 Cr. | 366.20 Cr. |
| 2025 | 271.96 Cr. | 228.86 Cr. | 43.11 Cr. | 449.87 Cr. |
| 2026 | 394.09 Cr. | 323.85 Cr. | 104.30 Cr. | 641.12 Cr. |
Use of proceeds
| Purpose | Amount (₹ crore) |
|---|---|
| Repayment/prepayment of borrowings and interest | 70 (46.67%) |
| Lease rental/license fee for warehouses and experience stores | 42.5 (28.33%) |
| General corporate purposes | 37.5 (25%) |
Key dates
| UPI mandate deadline | 11 Sept 2026 |
|---|---|
| Allotment finalised | 15 Sept 2026 |
| Refund initiation | 16 Sept 2026 |
| Shares credited | 16 Sept 2026 |
| Mandate end date | 26 Sept 2026 |
| Anchor lock-in ends (50%) | 14 Oct 2026 |
| Anchor lock-in ends (remaining) | 13 Dec 2026 |
Grey Market Premium (GMP) data is entirely unofficial and speculative, and is influenced by market sentiment, demand and supply for IPO shares, and market rumors. While GMP can provide an indication of the expected IPO listing price, it may not always be accurate and does not guarantee the actual listing price.
Head-to-head
Compare Rentomojo IPO with similar IPOs
Analysis
IPO Snapshot & Investor Takeaways
At the upper end of its price band, Rentomojo is priced at ₹404 per share. With a minimum lot size of 37 shares, a retail investor applying for one lot would need approximately ₹14,948 to participate in this Mainboard issue.
The latest recorded Grey Market Premium for Rentomojo stands at ₹86, implying an estimated listing gain of around 21.29% over the issue price if it holds until listing. This is down ₹49 from its previously recorded level. GMP reflects informal grey-market sentiment rather than a guaranteed outcome, and can change at any point until the day of listing.
As of the latest update, Rentomojo's IPO was subscribed 72.88x overall, with a category-wise breakdown of Retail 15.59x, QIB 177.29x, NII 67.93x.
Among the strengths highlighted in Rentomojo's IPO documents: Largest technology-driven D2C rental platform for furniture and appliances in India by subscription revenue.; Strong recurring revenue model with most income coming from subscription-based rentals..
Investors should also weigh the risk factors Rentomojo has disclosed, including: Business depends on customer payments, and delays or defaults can impact cash flows..
A share of Rentomojo's issue proceeds is earmarked for Repayment Of Borrowings: 70 (47%).
Mainboard IPOs list on the main platform of BSE/NSE, typically involve larger issue sizes, and draw participation across retail, HNI and institutional (QIB) investor categories.
Timeline
IPO roadmap at a glance
✓
Bidding Opens
09 Sept 2026
✓
Bidding Closes
11 Sept 2026
✓
Allotment
15 Sept 2026
✓
Listing
17 Sept 2026
Grey Market Premium
Daily GMP status
| Date | GMP | Change | Gain |
|---|---|---|---|
| 17 Sept 2026 | ₹86.00 | -₹49.00 | 21.29% |
| 16 Sept 2026 | ₹135.00 | - | 33.42% |
| 11 Sept 2026 | ₹135.00 | -₹8.00 | 33.42% |
| 10 Sept 2026 | ₹143.00 | +₹8.00 | 35.40% |
| 09 Sept 2026 | ₹135.00 | +₹10.00 | 33.42% |
| 08 Sept 2026 | ₹125.00 | -₹24.00 | 30.94% |
| 07 Sept 2026 | ₹149.00 | +₹54.00 | 36.88% |
| 06 Sept 2026 | ₹95.00 | - | 23.51% |
Swipe to see more →
Market Lot
Application size breakdown
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 Lot | 37 | ₹14,948 |
| Retail Maximum | 13 Lot | 481 | ₹1,94,324 |
| S-HNI Minimum | 14 Lot | 518 | ₹2,09,272 |
| S-HNI Maximum | 66 Lot | 2,442 | ₹9,86,568 |
| B-HNI Minimum | 67 Lot | 2,479 | ₹10,01,516 |
Swipe to see more →
Fund Utilization
Objects of the Issue & Official Documents
- Repayment Of Borrowings 70 (47%)
- General Corporate Purpose 37.5 (25%)
Issue Notes
Important takeaways before applying
Strengths
- Largest technology-driven D2C rental platform for furniture and appliances in India by subscription revenue.
- Strong recurring revenue model with most income coming from subscription-based rentals.
- Integrated full-stack operations including logistics, refurbishment and asset lifecycle management.
- Established market leadership with a significant share in organised rental subscription revenue.
- Demonstrated profitability and improved unit economics over recent financial years.
Risks
- Business depends on customer payments, and delays or defaults can impact cash flows.
- High competition from traditional ownership models and other rental players may affect growth and margins.
- Operations require high upfront investment in assets, logistics and refurbishment infrastructure.
- Business is exposed to regulatory changes across taxation, labour and data protection laws.
- Dependence on technology systems exposes the company to risks of disruptions and data breaches.
Analysis
Rentomojo IPO Details
Rentomojo is set to launch its IPO with a mix of fresh issue and offer for sale components. The issue will be open for subscription from September 9 to September 11, 2026, with the equity shares proposed to be listed on both BSE and NSE. The IPO will be offered through the book building process within the stated price band.
| Particular | Details |
|---|---|
| IPO Open Date | September 9, 2026 |
| IPO Close Date | September 11, 2026 |
| Face Value | ₹1 Per Equity Share |
| IPO Price Band | ₹384 to ₹404 Per Share |
| Issue Size | Approx ₹1,255.57 Crores |
| Fresh Issue | Approx ₹150 Crores |
| Offer for Sale | Approx 2,73,65,529 Equity Shares |
| Issue Type | Book Building Issue |
| IPO Listing | BSE, NSE |
| DRHP Draft Prospectus | |
| RHP Draft Prospectus |
Note: IPO dates, issue size and other details are based on the information provided for the Rentomojo IPO.
Analysis
Rentomojo IPO Reservation
The Rentomojo IPO reservation is divided among qualified institutional buyers, non-institutional investors and retail investors. QIB investors have the largest reserved portion at 75%, followed by NII investors at 15% and retail investors at 10%. The anchor investor allocation is currently shown as not specified.
| Investor Category | Share Offered | -% Shares |
|---|---|---|
| Anchor Investor | – Shares | -% |
| QIB (Ex. Anchor) | – Shares | 75% |
| NII Shares Offered | – Shares | 15% |
| Retail Shares Offered | – Shares | 10% |
Note: The share counts are currently shown as provided, while the category-wise reservation percentages reflect the Rentomojo IPO allocation structure.
Analysis
Rentomojo IPO Anchor Investors
The Rentomojo IPO anchor investor process is scheduled ahead of the public subscription. Anchor bidding is set for September 8, 2026, with the anchor allocation details and applicable lock-in information forming part of the IPO process. The share count and anchor issue size are currently shown as not specified.
| Particular | Details |
|---|---|
| Anchor Bidding Date | September 8, 2026 |
| Shares Offered | [.] Shares |
| Anchor Size | [.] Cr. |
| Lock-in Period End Date 50% Shares (30 Days) | 2026 |
| Lock-in Period End Date 50% Shares (90 Days) | 2026 |
Note: Anchor allocation figures and lock-in dates are based on the information provided for the Rentomojo IPO and may be updated after the final anchor allocation announcement.
Analysis
Rentomojo IPO Dates
The Rentomojo IPO will open for subscription on September 9, 2026, and close on September 11, 2026. The IPO allotment is expected to be finalized on September 15, followed by refunds and credit of shares to eligible investors on September 16. The equity shares are scheduled to list on September 17, 2026.
| Particular | Details |
|---|---|
| IPO Open Date | September 9, 2026 |
| IPO Close Date | September 11, 2026 |
| Basis of Allotment | September 15, 2026 |
| Refunds | September 16, 2026 |
| Credit to Demat Account | September 16, 2026 |
| IPO Listing Date | September 17, 2026 |
Note: IPO dates are based on the information provided for the Rentomojo IPO and may be subject to change.
Analysis
Rentomojo Promoters and Holding Pattern
Geetansh Bamania is the promoter of Rentomojo. Before the IPO, the promoter and promoter group held 21.51% of the company's shares, while the remaining 77.52% was held by other shareholders. The post-IPO shareholding figures for the promoter group and other shareholders are currently not specified in the provided data.
| Particular | Pre IPO Shares | Pre IPO % Shares | Post IPO Shares | Post IPO % Shares |
|---|---|---|---|---|
| Promoter and Promoter Group | 21,804,684 | 21.51% | – | -% |
| Others* | 7,85,95,658 | 77.52% | – | -% |
| Total | 10,13,91,096 | 100% | 10,51,06,545 | 100% |
Note: Post-IPO promoter and other shareholder figures are shown as provided. *Others includes shareholders other than the promoter and promoter group.
Analysis
Rentomojo IPO Objects of the Issue & Utilisation of Proceeds
The proceeds from the Rentomojo IPO are planned to be used primarily for reducing the company's financial obligations and supporting its warehouse and experience-store operations. A portion of the funds will be allocated toward repayment or prepayment of borrowings and accrued interest, while another part will cover lease rentals and license fees.
| Purpose | Crores |
|---|---|
| Repayment/prepayment, in full or in part, of certain outstanding borrowings and accrued interest thereon availed by our Company | ₹70.00 |
| Payment of lease rental/license fee for our warehouses and experience stores | ₹42.50 |
| General Corporate Purposes | ₹- |
Note: The utilisation figures are based on the information provided for the Rentomojo IPO.
Analysis
Rentomojo About Ipo
Rentomojo is a technology-based company that lets people rent furniture and appliances instead of buying them. According to revenue in 2025, Rentomojo is the largest online rental platform in terms of live subscribers and subscriptions. Its product range includes 728,773 live products across furniture and appliances, including beds, sofas, wardrobes, refrigerators, washing machines, and water purifiers.
Rentomojo offers products of various brands such as Haier, Wakefit, Livpure, and Duroflex. As of 2025, the company has catered to 227,511 live subscribers across 22 cities, offering affordable and flexible home products. The firm sells its products via an omnichannel platform as well as via 67 experience stores, supported by 21 warehouses spanning 444,486 square feet
Analysis
Rentomojo Company Financials
Rentomojo has shown strong improvement in both revenue and profitability over the reported three-year period. Revenue increased from ₹195.80 crore in 2024 to ₹394.09 crore in 2026, while Profit After Tax (PAT) rose substantially from ₹22.41 crore to ₹104.30 crore. The company's assets also expanded to ₹641.12 crore in 2026.
| Period Ended | Revenue | Expense | PAT | Assets |
|---|---|---|---|---|
| 2024 | ₹195.80 | ₹173.39 | ₹22.41 | ₹366.20 |
| 2025 | ₹271.96 | ₹228.86 | ₹43.11 | ₹449.87 |
| 2026 | ₹394.09 | ₹323.85 | ₹104.30 | ₹641.12 |
Note: Amounts are in ₹ Crores. Financial figures are based on the information provided for the Rentomojo IPO.
Analysis
Rentomojo IPO Company Valuation – FY2026
Rentomojo's FY2026 valuation profile highlights strong returns and improved profitability. The company reported a basic EPS of ₹10.42, while ROE and Return on Net Worth (RoNW) stood at 43.51%. Its EBITDA margin was 41.48% and PAT margin reached 26.95%, indicating a strong level of operating and net profitability. The P/E ratio is currently shown as N/A in the provided data.
| KPI | Values |
|---|---|
| ROE | 43.51% |
| ROCE | 25.34% |
| EBITDA Margin | 41.48% |
| PAT Margin | 26.95% |
| Debt to Equity Ratio | [.] |
| Earning Per Share (EPS) | ₹10.42 (Basic) |
| Price/Earning P/E Ratio | N/A |
| Return on Net Worth (RoNW) | 43.51% |
| Net Asset Value (NAV) | ₹28.65 |
Note: Valuation figures are based on the FY2026 information provided for the Rentomojo IPO.
Analysis
Rentomojo IPO Peer Group Comparison
- There are no listed companies in India.
Analysis
Rentomojo IPO Lead Managers aka Merchant Bankers
- Motilal Oswal Investment Advisors Ltd.
- Axis Capital Ltd.
- IIFL Capital Services Ltd.
FAQ
Rentomojo IPO FAQs
Rentomojo IPO price band is Rs 384.00 to Rs 404.00. Check the latest issue price, lot size and GMP together before applying.
Rentomojo IPO open date is 09 Sept 2026, close date is 11 Sept 2026, and listing date is 17 Sept 2026.
Rentomojo IPO lot size is 37 shares. The minimum retail investment is Rs 14,948.
Rentomojo is classified as a Mainboard IPO. This helps investors quickly understand the issue category and exchange segment.
Rentomojo IPO subscription status currently shows Retail 15.59x, QIB 177.29x, NII 67.93x, Overall 72.88x.
Rentomojo is an Indian direct-to-consumer platform offering flexible home furniture and appliance rental subscriptions in major metropolitan areas like Bengaluru, Mumbai, and Hyderabad. The company manages the complete asset lifecycle—from procurement and maintenance to refurbishment and resale—utilizing both third-party brands and private-label products. Revenue is primarily driven by monthly subscriptions, supplemented by delivery and installation services targeting urban consumers.
Rentomojo IPO issue size is TBA and the expected allotment date is 15 Sept 2026.
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