Rentomojo IPO
Miscellaneous • ₹1256cr
High risk because:
- Loss-making or weak profitability noted in DRHP
- 5 material risk factors disclosed in DRHP
- Working capital or debt pressure highlighted in DRHP
IPOFins risk score from DRHP risk factors, subscription demand & issue structure
Price Band
₹384-404
Lot Size
37 shares
Issue Size
₹1256cr
Open
09 Sept 2026
Close
11 Sept 2026
Subscription
11.4×
GMP +₹138 → est. ₹542
IPO Schedule
| Issue Open Date | 09 Sept 2026 |
| Issue Close Date | 11 Sept 2026 |
| Allotment Date | 15 Sept 2026 |
| Listing Date | 17 Sept 2026 |
About Rentomojo
Rentomojo is an Indian direct-to-consumer platform offering flexible home furniture and appliance rental subscriptions in major metropolitan areas like Bengaluru, Mumbai, and Hyderabad. The company manages the complete asset lifecycle—from procurement and maintenance to refurbishment and resale—utilizing both third-party brands and private-label products. Revenue is primarily driven by monthly subscriptions, supplemented by delivery and installation services targeting urban consumers. 
Company Details
Founders / Promoters
Mr Geetansh Bamania
Founded
2012
Registrar
KARVY
Documents
DRHP / RHP Document (PDF)
View official prospectus →
Subscription Status
11.4×
Total Subscription
Grey Market Premium (GMP)
Issue Price
₹404
GMP
+₹138
Est. Listing
₹542
Est. Gain
+34.2%
GMP is unofficial grey market data — not regulated by SEBI. Use only as a sentiment indicator alongside subscription data. View all IPO GMP →
Investment Analysis
Rentomojo — IPOFins Verdict
QuantitativeDriven by QIB demand at 1.5x and elevated disclosed risk (8/10). The signals look weak — weigh the risks carefully. This is a quantitative flag, not a recommendation.
- Omnichannel footprint in tier-1 cities strengthens brand visibility.
- Asset lifecycle management minimizes depreciation and maximizes capital returns.
- Expanding the experience store and warehouse network supports rising demand.
- Proven debt management capabilities ensure funding for operations.
- High occupancy rates drive strong and consistent unit economics.
Score breakdown — what drove this verdict
High risk from DRHP → score -1.2
Institutional subscription → score 0
Strong retail interest → 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.
Want to apply for this IPO?
Open a free Demat account and apply in minutes
FAQ
What is the price band of Rentomojo IPO?
The price band is ₹384-404 per share with a lot size of 37 shares. Minimum investment: ₹14,948.
What does Rentomojo do?
Rentomojo is an Indian direct-to-consumer platform offering flexible home furniture and appliance rental subscriptions in major metropolitan areas like Bengaluru, Mumbai, and Hyderabad. The company manages the complete asset lifecycle—from procurement and maintenance to refurbishment and resale—utilizing both third-party brands and private-label products. Revenue is primarily driven by monthly subscriptions, supplemented by delivery and installation services targeting urban consumers. 
Should I apply for Rentomojo IPO?
Rentomojo is drawing moderate interest at 11.4x overall subscription (QIB 1.5x, retail 8.6x) — high retail oversubscription usually means lower allotment odds per application. IPOFins Score 4/10: Driven by QIB demand at 1.5x and elevated disclosed risk (8/10). The signals look weak — weigh the risks carefully. This is a quantitative flag, not a recommendation.
Who founded Rentomojo?
Rentomojo was founded by Mr Geetansh Bamania in 2012.