Rentomojo IPO
Miscellaneous • ₹1255.57 Cr
Medium risk because:
- 5 material risk factors disclosed in DRHP
- The company derives a significant portion of its revenue from furniture and appliance rent…
- The company depends on its vendors and third-party manufacturers for procuring and manufac…
IPOFins risk score from DRHP risk factors, subscription demand & issue structure
Price Band
₹404
Lot Size
37 shares
Issue Size
₹1255.57 Cr
Open
09 Sept 2026
Close
11 Sept 2026
Subscription
30.8×
IPO Schedule
| Issue Open Date | 09 Sept 2026 |
| Issue Close Date | 11 Sept 2026 |
| Allotment Date | 15 Sept 2026 |
| Listing Date | 16 Sept 2026 |
About Rentomojo
Rentomojo Limited is a technology-driven direct-to-consumer online rental and subscription platform for furniture and appliances in India. The company offers furniture and home appliances, including beds, mattresses, washing machines, refrigerators, wardrobes, sofas, televisions, and water purifiers, through flexible subscription plans. Its portfolio includes products from brands such as Haier, Wakefit, Livpure, and Duroflex, along with products sold under its private-label brands. Rentomojo manages various stages of the asset lifecycle, including category management, product design, procurement, refurbishment, servicing, reverse logistics, and redeployment of products across multiple subscription cycles. As of March 31, 2026, the company had 253,825 live subscribers across 29 cities in India and a portfolio of 851,184 live products. Its omni-channel operations include an online ordering platform and 82 experience stores across India. The company also launched private-label refrigerators and washing machines manufactured in partnership with Dixon Technologies (India) Limited, along with its own branded water purifiers. Use of proceeds: The IPO consists of both a fresh issue of shares and an offer for sale (OFS). Net proceeds from the OFS will go to the respective selling shareholders, while the net proceeds from the fresh issue will be utilised for the following purposes: Repayment/prepayment, in full or in part, of certain outstanding borrowings and accrued interest thereon availed by the company — Rs 70 crore Payment of lease rental/license fee for the warehouses and experience stores — Rs 42.5 crore General corporate purposes
Company Details
Founders / Promoters
Mr Geetansh Bamania
Founded
2012
Registrar
KARVY
Documents
DRHP / RHP Document (PDF)
View official prospectus →
Investment Analysis
Rentomojo — IPOFins Verdict
QuantitativeDriven by QIB demand at 46.7x and moderate disclosed risk (4/10), Rentomojo listed at a premium of 19.4% to its issue price. The signals lean constructive — still confirm valuation against listed peers and read the DRHP before applying beyond one lot.
- The company has a large subscriber base in the home furniture and appliance rental market. As of March 31, 2026, it had 253,825 live subscribers across 29 cities, while its total contracted revenue st
- Rentomojo claims to have an integrated asset-lifecycle model covering procurement, refurbishment, servicing, reverse logistics, and redeployment. Its older asset cohorts have continued to generate rev
- The company claims to operate proprietary technology systems covering its subscription, e-commerce, and re-commerce operations. These include its Mojodesk ticketing and workflow platform, MojoVaahan r
- Rentomojo has maintained relatively high asset occupancy rates. Its occupancy rate stood at 83.34% in FY26, compared with 82.82% in FY025 and 86.43% in FY24. The company also completed 617,525 refurbi
- Rentomojo has received a ‘Crisil BBB+/Stable’ credit rating for its long-term bank facilities. The rating was assigned by CRISIL Ratings and reflects the company’s long-term bank facilities as stated
Score breakdown — what drove this verdict
Moderate risk from DRHP → score +0.4
Institutional subscription → score +2.0
Strong retail interest → score +0.5
Actual listing outcome → score +0.5
Base score: 5.0 · Final score = base + all factor adjustments, capped 1–10. Full methodology →
IPOFins Score is a quantitative signal from subscription demand, disclosed risk, and listing data — not investment advice. Not SEBI-registered.
Listing Performance
Issue Price
₹404
Listing Price
₹482.45
Listing Gain/Loss
+19.42%
Listing Date
16 Sept 2026
Price Since Listing
Returns are measured against the ₹404 issue price.
Listing
₹482.45
+19.4%
1 Week
₹521.35
+29.0%
Current
₹491.35
+21.6%
Want to buy this stock?
Trade Rentomojo on the secondary market
FAQ
What is the price band of Rentomojo IPO?
The price band is ₹404 per share with a lot size of 37 shares. Minimum investment: ₹14,948.
What does Rentomojo do?
Rentomojo Limited is a technology-driven direct-to-consumer online rental and subscription platform for furniture and appliances in India. The company offers furniture and home appliances, including beds, mattresses, washing machines, refrigerators, wardrobes, sofas, televisions, and water purifiers, through flexible subscription plans. Its portfolio includes products from brands such as Haier, Wakefit, Livpure, and Duroflex, along with products sold under its private-label brands. Rentomojo manages various stages of the asset lifecycle, including category management, product design, procurement, refurbishment, servicing, reverse logistics, and redeployment of products across multiple subscription cycles. As of March 31, 2026, the company had 253,825 live subscribers across 29 cities in India and a portfolio of 851,184 live products. Its omni-channel operations include an online ordering platform and 82 experience stores across India. The company also launched private-label refrigerators and washing machines manufactured in partnership with Dixon Technologies (India) Limited, along with its own branded water purifiers. Use of proceeds: The IPO consists of both a fresh issue of shares and an offer for sale (OFS). Net proceeds from the OFS will go to the respective selling shareholders, while the net proceeds from the fresh issue will be utilised for the following purposes: Repayment/prepayment, in full or in part, of certain outstanding borrowings and accrued interest thereon availed by the company — Rs 70 crore Payment of lease rental/license fee for the warehouses and experience stores — Rs 42.5 crore General corporate purposes
Should I apply for Rentomojo IPO?
Rentomojo listed at ₹482.45 (+19.4% premium to the ₹404 issue price) after 30.8x subscription. IPOFins Score 8/10: Driven by QIB demand at 46.7x and moderate disclosed risk (4/10), Rentomojo listed at a premium of 19.4% to its issue price. The signals lean constructive — still confirm valuation against listed peers and read the DRHP before applying beyond one lot.
Who founded Rentomojo?
Rentomojo was founded by Mr Geetansh Bamania in 2012.