Rentomojo Ltd. 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.
IPO GMP
+₹86
+21% expected gain
Price Band
₹404
Lot Size
37 shares
Min Investment
₹14,948
Listing Date
September 17, 2026
About Rentomojo Ltd.
Company overview, business, and key facts.
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
Headquarters
Bangalore, Karnataka
Website
https://www.rentomojo.com/
IPO Details
Subscription Status
How many times each investor category has bid for the issue.
Strengths & Risks
Strengths
- Profitable Direct-to-Customer Business Model: Rentomojo has shown consistent profitability since FY 2023, underpinned by the stability of recurring income, acyclical operations, and high return on capital employed.
- Market Leader in Online Furniture and Appliances Rental Services: It is the market leader in furniture and appliances rental services platform in its category based on live subscribers and subscription income in FY 2025, according to the Redseer Report.
- Asset Lifecycle Integrated Model: Its integrated business model involves e-commerce, subscription, and re-commerce models from procurement through refurbishment, servicing, logistics to redeployment of assets. It offers a reinforcing business model that is focussed on asset utilization and efficiency.
Risks
- Procurement and Supply Risk: The company relies on vendors and external manufacturers to procure and manufacture its products. Any unfavourable supply terms, disruption in manufacturing process, quality issues, increase in supply costs, higher prices of raw materials, and delay in supply could impact its business and reputation adversely.
- Risk in Subscriber Retention and Growth: The success and growth of the organization depend upon increasing the number of subscribers as well as providing an excellent experience to its customers. An inability to retain or add subscribers will have a negative impact on its business and financial standing.
- Risk Related to Technology Platform: The organization is dependent upon its technology platforms for delivering its services. Any technical problem with these platforms may have an adverse impact on its business.
Financials
Restated summary financials for the most recent periods.
Figures are indicative and restated for presentation.
Rentomojo Ltd. IPO Key Numbers
Calculated by IPOLyst from the published offer-document data. These are figures, not buy or sell calls.
Market cap at upper band
₹4,246.3 Cr
Post-IPO shares × upper price band
P/E on 2026 profit
40.7x
Price to sales
10.77x
Revenue growth, 2026
+44.9%
41.9% a year over the period
Profit growth, 2026
+141.9%
115.7% a year over the period
Profit margin (PAT)
26.5%
EBITDA margin 41.48%
ROE / ROCE
43.51% / 25.34%
As published in the offer document
Issue mix
11.9% fresh / 88.1% sale
Fresh issue goes to the company, offer for sale to selling shareholders
GMP-implied gain per lot
₹3,182
37 shares on ₹14,948. GMP is unofficial.
What stands out
- Healthy profit margin: PAT margin was 26.5% in 2026.
- Profit grew 141.9% in 2026.
Watch-outs
- 88.1% of the issue is an offer for sale, so most money goes to selling shareholders, not the company.
- 62.2% of the disclosed use of proceeds is debt repayment.
- 1 use-of-proceeds item(s) have no disclosed amount.
- GMP has fallen 46.2% from its peak of ₹160 to ₹86.
Scenarios apply today's grey market premium figures to the upper price band. They are illustrations, not predictions. GMP is unofficial and can be wrong.
Not yet available for this IPO: listed peer comparison.
IPO Analysis SummaryAI-generated
A plain-language review of Rentomojo Ltd.'s financials, valuation and demand, based only on the verified figures above. For information only. It does not recommend whether to apply.
Rentomojo Ltd. IPO Review
Analysis based on live GMP, subscription, and issue details.
As of today, Rentomojo Ltd. IPO is trading at a grey market premium (GMP) of +₹86 (+21% estimated listing gain), indicating positive market sentiment.
The IPO has been subscribed 30.79x overall — QIB: 46.72x, NII: 53.78x, Retail: 11.91x.
Rentomojo Ltd. IPO subscription has closed. The shares are expected to list on September 17, 2026.
The minimum investment required is ₹14,948 for 37 shares (1 lot). Retail investors can apply at cut-off price for the best chance of allotment.
Key strengths include: Profitable Direct-to-Customer Business Model: Rentomojo has shown consistent profitability since FY 2023, underpinned by the stability of recurring income, acyclical operations, and high return on capital employed.; Market Leader in Online Furniture and Appliances Rental Services: It is the market leader in furniture and appliances rental services platform in its category based on live subscribers and subscription income in FY 2025, according to the Redseer Report.. Investors should note the following risks: Procurement and Supply Risk: The company relies on vendors and external manufacturers to procure and manufacture its products. Any unfavourable supply terms, disruption in manufacturing process, quality issues, increase in supply costs, higher prices of raw materials, and delay in supply could impact its business and reputation adversely.; Risk in Subscriber Retention and Growth: The success and growth of the organization depend upon increasing the number of subscribers as well as providing an excellent experience to its customers. An inability to retain or add subscribers will have a negative impact on its business and financial standing..
Disclaimer: IPO GMP is indicative and sourced from the grey market. This is not investment advice. Please consult a SEBI-registered advisor before investing.
Rentomojo Ltd. IPO — Frequently Asked Questions
What is Rentomojo Ltd. IPO GMP today?
Rentomojo Ltd. IPO GMP (grey market premium) today is +₹86, suggesting an estimated listing gain of +21%. GMP is indicative and subject to change.
What is the price band of Rentomojo Ltd. IPO?
The price band for Rentomojo Ltd. IPO is ₹404 with a lot size of 37 shares. The minimum investment required is ₹14,948.
When is Rentomojo Ltd. IPO allotment date?
Rentomojo Ltd. IPO allotment is expected to be finalised on September 15, 2026. You can check your allotment status on the registrar's website (Kfin Technologies Ltd.) using your PAN number.
When will Rentomojo Ltd. IPO list on NSE/BSE?
Rentomojo Ltd. IPO is expected to list on BSE, NSE on September 17, 2026.
How to check Rentomojo Ltd. IPO allotment status?
To check Rentomojo Ltd. IPO allotment status, visit the registrar's website (Kfin Technologies Ltd.) and enter your PAN number, application number, or DP/Client ID. You can also check on the BSE IPO allotment page at https://www.bseindia.com/investors/appli_check.aspx.
Should I apply for Rentomojo Ltd. IPO?
Rentomojo Ltd. IPO is showing a strong GMP of +₹86 (+21%), indicating positive market sentiment for listing gains. However, GMP is informal and not a guarantee of returns. Evaluate the company's fundamentals, price band, and your own risk appetite before applying. IPOLyst is not a SEBI-registered investment advisor — please do your own research.
What is the lot size of Rentomojo Ltd. IPO?
The lot size for Rentomojo Ltd. IPO is 37 shares per lot. The minimum investment for retail investors is ₹14,948. Retail investors can apply for a maximum of 13 lots or up to ₹2 lakh, whichever is lower.