Rentomojo came to market through an IPO that opened on 9 September 2026 and closed on 11 September 2026, and the shares listed on 17 September 2026 on BSE, NSE. The price band was ₹384 to ₹404 per share and one lot was 37 shares, so the minimum application was ₹14,948. The issue size was ₹1255.57 crore. It combined a fresh issue of new shares with an offer for sale by existing shareholders.
It listed at ₹482.45, a gain of 19.4% against the issue price of ₹404. Kfin Technologies Ltd was the registrar to the issue, and Motilal Oswal Investment Advisors Ltd., Axis Capital Ltd., IIFL Capital Services Ltd were the lead managers.
As of 11 September 2026.
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Overall the issue was subscribed 72.88 times.
Rentomojo is an innovative, end-to-end direct-to-consumer (D2C) platform in India for renting and subscription-based service of furniture and appliances. It is the largest rental platform in terms of live subscriptions and subscription-based revenue in Fiscal 2025 (Source: Redseer Report). The company’s end-to-end asset life cycle framework includes category management, procurement, refurbishment, servicing, reverse logistics, and redeployment in multiple cycles, leading to higher asset utilisation and capital efficiency.
Rentomojo has achieved consistently high occupancy levels of more than 80% during recent fiscal years, leading to predictable and recurring revenue streams. It currently has a diversified range of 728,773 live products of furniture and appliances that include beds, sofas, wardrobes, refrigerators, washing machines, and water purifiers. It has popular brands like Haier, Wakefit, Livpure, and Duroflex along with its growing private label products, which also include appliances made in collaboration with Dixon Technologies (India) Limited.
As of September 30, 2025, it had 227,511 live subscribers in 22 cities, providing affordable and flexible access to essential home products without any ownership upfront cost. Rentomojo operates through an omnichannel platform which is a combination of its digital portal and 67 experience stores, enabled by its 21 warehouses spread over an area of 444,486 square feet.
As described in the offer document.
| Metric | 31-Mar-26 | 31-Mar-25 | 31-Mar-24 |
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Rentomojo Limited finalised its anchor investor allocation on September 8, 2026, raising ₹376.07 crore from 41 institutional investors at an anchor price of ₹404 per share.
The anchor book comprises 93,08,667 equity shares, with domestic mutual funds receiving 64.90% of the allocation through 16 fund houses across 30 schemes, including Kotak Mahindra Mutual Fund, ICICI Prudential Mutual Fund, HDFC Mutual Fund, Aditya Birla Sun Life Mutual Fund, Mirae Asset Mutual Fund, Bandhan Mutual Fund, Edelweiss Mutual Fund, HSBC Mutual Fund, Invesco Mutual Fund, Motilal Oswal Mutual Fund, Helios Mutual Fund, Bajaj Finserv Mutual Fund, PGIM India Mutual Fund, ITI Mutual Fund, and JM Financial Mutual Fund.
Life insurance companies and pension funds received 13.56%, led by HDFC Standard Life Insurance and ICICI Prudential Life Insurance, each at 3.46%. The remaining allocation went to foreign institutional investors including Goldman Sachs Funds and BlackRock Global Funds, each at 6.65%, along with Hornbill Orchid India Fund, Theleme India Master Fund, and HSBC's Indian Equity Mother Fund and Global Investment Funds.
Geetansh Bamania. Promoter holding 21.49% before the issue and 19.94% after.
Work out the listing gain for this IPO
If the retail portion is not fully subscribed, every valid application is allotted in full. If it is oversubscribed, SEBI's rules require that as many applicants as possible receive at least one lot, so the shares are allotted by a computerised lottery across all valid applications, one lot each, until the retail portion is exhausted. Applying for more lots does not improve your chance in a lottery; it only increases what you receive if the issue is under-subscribed.
The basis of allotment document, published by the registrar on the allotment date, states the ratio: for example, one applicant in seven received one lot.
Allotment status is published by the registrar on its website, searchable by PAN, application number or demat account, and also on the exchange's website. Allotted shares are credited to the demat account the day before listing, and blocked money for unsuccessful applications is released the same day. The Rupix app can check allotment status by PAN once the registrar publishes it.
Shares list within three working days of the issue closing. On listing day the exchanges run a special pre-open session from nine o'clock, during which orders are collected and an opening price is discovered from them; trading in the share begins after that, usually around ten. The opening price is the listing price that appears on this page once the issue has listed, and the listing gain or loss is the difference between it and the issue price.
For a mainboard issue, the share then trades in the normal way with the exchange's price band for a new listing. For an SME issue, shares trade in lots rather than one at a time, and the market can be thin, so selling on listing day is not always possible at the opening price. Capital gains on shares sold within a year of allotment are short-term and taxed at the short-term rate.
Rentomojo IPO was a ₹1,255.57 crore book-built issue, comprising a fresh issue of ₹150 crore and an offer for sale of ₹1,105.57 crore. It was priced at ₹384–₹404 per share with a lot size of 37 shares (₹14,948). The IPO was open from September 9 to September 11, 2026 and was subscribed 72.88x. Shares listed on BSE and NSE on September 17, 2026 at ₹482.45, a 19.4% premium to the issue price of ₹404. Kfin Technologies Ltd. is the registrar.
Motilal Oswal Investment Advisors Ltd. and 2 other book running lead managers manage the issue.
The price band of Rentomojo IPO is ₹384 to ₹404 per share.
The lot size of Rentomojo IPO is 37 shares.
The minimum investment for Rentomojo IPO is approximately ₹14,948 based on the upper price band.
The allotment date of Rentomojo IPO is Sep 15, 2026.
No GMP quote could be verified as recorded before Rentomojo IPO listed. A grey-market observation of ₹85 per share was recorded on 17 Sep 2026, 7:00 AM IST, but without a verified listing timestamp it is not treated as the final pre-listing GMP. The shares listed at ₹482.45. GMP is unofficial and does not forecast or guarantee the actual listing price.
Rentomojo IPO listed on Sep 17, 2026. It was issued at ₹482.45(NSE) and is currently around ₹541.50 as on 30-Oct-2026 3:30 PM, which is approximately 34.0% versus issue price. The 52-week high is ₹648.00.
You can check Rentomojo IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Rentomojo IPO allotment status on Rupix for quick and easy access.
₹384 to ₹404 per share, against a face value of ₹1. Most applicants bid at the cut-off price, the top of the band, so that the application was valid whatever price the issuer finally fixed.
One lot was 37 shares, and every application had to be a whole number of lots. At the top of the band that made the minimum application ₹14,948.
₹14,948, for one lot of 37 shares at the top of the price band. The amount was blocked in the applicant's bank account through ASBA or a UPI mandate while the issue was open, and released on the allotment date to applicants who were not allotted shares.
It opened on 9 September 2026 and closed on 11 September 2026.
The basis of allotment was published on 15 September 2026 by Kfin Technologies Ltd, and allotted shares were credited to demat accounts before listing.
The shares listed on 17 September 2026 on BSE, NSE, opening at ₹482.45.
The issue size was ₹1255.57 crore. The fresh issue was 37,15,449 shares (aggregating up to ₹150 crore). The offer for sale was 2,73,65,529 shares (aggregating up to ₹1105.57 crore).
It listed at ₹482.45 against an issue price of ₹404, a gain of 19.4 percent on listing day.