Rentomojo IPO
Price Band
₹384 – ₹404
Issue Size
₹1255.57 Cr
Issue Dates
9 Sept – 11 Sept 2026
Listing Date
17 Sept 2026
About Rentomojo Ltd.
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. 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. 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 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.
IPO Details
| Price Band | ₹384 – ₹404 |
| Face Value | ₹1 |
| Issue Size | ₹1255.57 Cr |
| Fresh Issue | ₹150 Cr |
| Offer for Sale | ₹1105.57 Cr |
| Total Shares Offered | 3,10,80,978 |
| Listed On | Both |
Objects of the Issue
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: (1) Repayment/prepayment, in full or in part, of certain outstanding borrowings and accrued interest thereon availed by the Company - Rs. 70.00 Cr; (2) Payment of lease rental/license fee for warehouses and experience stores - Rs. 42.50 Cr; (3) General corporate purposes (amount not disclosed). Total of specified objects: Rs. 112.50 Cr. The Offer for Sale of 2,73,65,529 equity shares of Rs. 1 each (aggregating Rs. 1,105.57 Cr) comprises shares sold by Geetansh Bamania (Promoter, 8,49,175 shares, Rs. 34.31 Cr), Accel India IV (Mauritius) Ltd. (78,46,951 shares, Rs. 317.02 Cr), Edelweiss Discovery Fund-Series I (28,82,794 shares, Rs. 116.46 Cr), IDG Ventures India Fund III LLC (28,03,431 shares, Rs. 113.26 Cr), and ValueQuest S.C.A.L.E.Fund (27,13,418 shares, Rs. 109.62 Cr).
Key Financial Metrics
EPS (Basic)
₹10.29
P/E Ratio
39.26x
ROE
43.51%
ROCE
25.34%
Debt / Equity
0.63
Financial Performance
| Particulars (₹ Cr) | FY2024 | FY2025 | FY2026 |
|---|---|---|---|
| Revenue | — | — | — |
| EBITDA | 78.15 | 118.44 | 163.46 |
| PAT | 22.41 | 43.11 | 104.3 |
| Total Assets | 366.2 | 449.87 | 641.12 |
| Net Worth | 139.61 | 183.61 | 295.81 |
| Total Borrowings | 147.22 | 154.58 | 187.59 |
Valuation
Market Capitalisation
P/E Ratio
Promoter Holding
Public Holding
Lot Size & Allocation
Investment by Category
| Category | Lot Size | Min Investment | Max Investment |
|---|---|---|---|
| retail_min | 37 shares | ₹14,948 | — |
| retail_max | 37 shares | — | ₹1,94,324 |
| shni_min | 14 × 37 | ₹2,09,272 | — |
| shni_max | 37 shares | — | ₹9,86,568 |
| bhni_min | 67 × 37 | ₹10,01,516 | — |
Reservation / Allocation
| Category | Allocation | Cut-off |
|---|---|---|
| QIB Shares Offered | 50% | No |
| Retail Shares Offered | 35% | Yes |
| NII (HNI) Shares Offered | 15% | No |
Registrar & Lead Managers
Peer Comparison
| Company | Listed | Mkt Cap (₹ Cr) | EPS (₹) | P/E | ROE % |
|---|---|---|---|---|---|
| Rentomojo IPO (this IPO) | — | 4,246.3 | ₹10.29 | 39.26x | 43.51% |
| Meesho Ltd. | Yes | — | — | -11.63x | — |
| Urban Co.Ltd. | Yes | — | — | 59.71x | — |
| Acetech E-Commerce Ltd. | Yes | — | — | 19.56x | — |
Frequently Asked Questions
5 questions about Rentomojo IPO IPO
Important Dates
Community Discussion
Ask questions and share your thoughts about this IPO
Be the first to ask or share about Rentomojo IPO