Rentomojo Limited IPO Price: ₹384 to ₹404 per share
IPO Dates: 9 to 11 Sept, 2026
Company Overview
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.
Product Portfolio
The Company’s 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.
Business Operations
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 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.
Private-Label Products
The Company has 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.
Customer Base & Market Presence
As of March 31, 2026, the Company had 253,825 live subscribers across 29 cities in India. It operates through an omni-channel model, combining its online ordering platform with 82 experience stores across India as of March 31, 2026.
Operational Infrastructure
The Company operates 20 warehouses with an aggregate warehousing area of 538,933 sq. ft. Its operations are supported by a network of trained service professionals and logistics partners handling 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.
Workforce
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.
Bidding Starts In
Rentomojo Limited IPO Specifics:
| IPO Date | 9 to 11 Sep, 2026 |
| Listing Date | Thu, Sep 17, 2026T |
| Face Value | ₹1 per share |
| Price Band | ₹384 to ₹404 |
| Lot Size | 37 Shares |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Employee Discount | ₹20.00 |
| Total Issue Size | 3,10,80,978 shares (agg. up to ₹1,256 Cr) |
| Fresh Issue | 37,15,449 shares (agg. up to ₹150 Cr) |
| Offer for Sale | 2,73,65,529 shares of ₹1 (agg. up to ₹1,106 Cr) |
| Share Holding Pre Issue | 10,13,91,096 shares |
| Share Holding Post Issue | 10,51,06,545 shares |
Rentomojo IPO Timetable (Important Dates)
| Event | Date |
|---|---|
| IPO Open | Wed, Sep 9, 2026 |
| IPO Close | Fri, Sep 11, 2026 |
| Allotment | Tue, Sep 15, 2026 |
| Refund | Wed, Sep 16, 2026 |
| Credit of Shares | Wed, Sep 16, 2026 |
| Listing | Thu, Sep 17, 2026 |
Rentomojo Limited IPO Lot Size
Bidders have the opportunity to bid for a minimum of 37 shares, with the option to increase in multiples. The table below outlines the minimum and maximum investment thresholds for both retail investors and High Net Worth Individuals (HNIs), specifying the corresponding number of shares and amounts involved.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 37 | ₹14,948 |
| Retail (Max) | 13 | 481 | ₹1,94,324 |
| S-HNI (Min) | 14 | 518 | ₹2,09,272 |
| S-HNI (Max) | 66 | 2,442 | ₹9,86,568 |
| B-HNI (Min) | 67 | 2,479 | ₹10,01,516 |
Rentomojo Limited IPO Reservation
| Investor Category | Shares |
|---|---|
| QIB | Not more than 50% of the Net Offer |
| Retail | Not less than 35% of the Net Offer |
| NII | Not less than 15% of the Net Offer |
Rentomojo Limited IPO Financial Information
| Particulars (₹ Cr) | 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 |
Key Performance Indicator- Rentomojo Limited IPO
| KPI | Mar 31, 2026 | Mar 31, 2025 |
|---|---|---|
| ROE | 43.51% | 26.67% |
| ROCE | 25.34% | 25.14% |
| Debt/Equity | 0.63 | 0.84 |
| RoNW | 43.51% | 26.67% |
| PAT Margin | 26.95% | 16.21% |
| EBITDA Margin | 41.48% | 43.55% |
| NAV | 28.65 | 17.81 |
| Price to Book Value | 14.10 | 22.68 |
| Valuation Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (₹) | 10.29 | 9.92 |
| P/E (x) | 39.26 | 40.73 |
| Market Cap at Offer Price | ₹4,096Cr. | ₹4,246.30 Cr |
Prospectus Links:
Prospectus: Official documents that provide detailed information about the IPO and the company.
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