Rentomojo
Upcoming9–11 Sep 2026
Updated 2026-09-03 (IST)
What Rentomojo does
Rentomojo operates a technology-driven, full-stack direct-to-consumer ("D2C") online rental and subscription platform for furniture and appliances in India. The company enables subscribers to access home essentials through affordable, long-term, and flexible subscription plans backed by a reliable and full-stack asset-lifecycle model.
Rentomojo financials
Rs crore · AnnualLatest year highlighted in green. Sparklines show the trend.
| Fiscal 2023 | Fiscal 2024 | Fiscal 2025 | Sept 30, 2025 | ||
|---|---|---|---|---|---|
| Sales | 120 | 193 | 266 | 177 | |
| Operating Profit | 53 | 78 | 118 | 73 | |
| OPM % | 42.7% | 39.9% | 43.5% | 41.0% | |
| Net Profit | 4 | 22 | 43 | 61 | |
| Total Debt | 92 | 147 | 155 | 179 |
Rentomojo IPO offer structure
Fresh issue: ₹150 cr
The offer-for-sale component is not stated in what we extracted from the offer document, so the full issue size and the split between the two are unknown. This figure is the fresh issue alone, not the total raise. Fresh issue proceeds go to the company; OFS proceeds go to selling shareholders.
Issue size and split come from a public aggregator rather than the exchange, cross-checked against a second one. The offer document states the offer-for-sale as a share count against a blank amount, so it cannot be read from the document itself.
Use of proceeds- Repayment/ prepayment, in full or in part, of certain outstanding borrowings and accrued interest thereon availed by our Company: ₹70 cr
- Payment of lease rental/ license fee for our warehouses and experience stores: ₹43 cr
- General corporate purposes
Rentomojo promoters and holding
- Geetansh Bamania: Promoter
Rentomojo strengths and risks
Company-stated strengths and disclosed risk factors from the offer document.
- Consistently profitable D2C player since Fiscal 2023, driven by predictable recurring revenues, acyclical performance and high return on capital employed (p.141)
- Leading furniture and appliance rental platform, where scale enables higher subscriber engagements – creating organic demand (p.141)
- Integrated multi-stack business model driving a self-reinforcing flywheel at the intersection of e-commerce, subscription, and re-commerce (p.141)
- Proven track record of extended reuse during asset life cycle and consistent cohort returns (p.141)
- Proprietary technology stack seamlessly facilitating end-to-end operational integration (p.141)
- We derive most of our revenues by renting furniture and appliances, and any decline in demand may adversely affect our business. (p.30)
- If we are unable to procure products from our vendors on commercially acceptable terms, our business and reputation may be affected. (p.31)
- The growth of our business is dependent on our ability to continue to grow the number of subscribers that utilize our rental platform. (p.32)
- Failures in our technology platforms and resulting interruptions in the availability of our services could adversely affect our business. (p.32)
- Cyber security breaches and attacks against our systems could adversely impact our business and reputation. (p.33)
Rentomojo peer comparison
DRHP data only| Company | CMP | P/E | OPM% | ROE% | Source |
|---|---|---|---|---|---|
| House of Kieraya Limited | — | — | — | — | DRHP |
P/E from offer document where live data unavailable. Not a fair-value judgement.
Rentomojo market and competition
Rentomojo is the largest technology-driven, full-stack direct-to-consumer ("D2C") online rental and subscription platform for home furniture and appliances in India based on subscription revenue for Fiscal 2025 and the number of live subscribers as of March 31, 2025 and September 30, 2025.
Rentomojo outlook, as the document states it
We plan to continue investing in our proprietary technology stack to further enhance customer experience and our operational efficiencies across logistics and service workflows, and drive structural cost savings across the asset lifecycle. We intend to leverage artificial intelligence and ML tools to improve our refurbishment infrastructure by enhancing diagnostic accuracy, further refine the forecasting of spare-part requirements, reduce refurbishment turnaround times, and optimize technician workflows.
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Rentomojo IPO: common questions
When does the Rentomojo IPO open and close?
The Rentomojo IPO is open from 9 Sep 2026 to 11 Sep 2026.
When are the Rentomojo IPO allotment and listing dates?
Not published yet. Derived from the close date on the usual timetable: allotment around 15 Sep 2026, refund/unblock around 16 Sep 2026 and listing around 17 Sep 2026. Treat these as estimates until the exchange confirms them.
How do I apply for the Rentomojo IPO?
Through any broker app or your bank's net banking, using a demat account and a PAN. You bid in lots at a price inside the band, or at cut-off. The money is blocked in your account, not debited, until allotment. One application per PAN. Bidding opens 9 Sep 2026. We do not recommend brokers and carry no broker links. How to apply, start to finish →
Sources & method
Subscription and issue data come from the NSE and BSE exchange feeds, with the third-party aggregator, clearly labelled, where an exchange feed is unreachable. DRHP analysis is extracted from the offer document itself, every figure cited to its page. Each figure on the page carries its source and its timestamp.
Grey-market premium (GMP) is unregulated.
Every GMP figure is a self-reported grey-market estimate. No exchange, regulator or clearing body records or audits it, and there is no settlement guarantee or recourse. Shown for context only; never decide on GMP alone. New to GMP? The 30-second explainer → Has GMP actually been right? →
How often do these actually open above the issue price?
Of the 504 mainboard IPOs that have listed on the NSE since 2003, 358 (71%) opened above their issue price, at a median of +10%. That is the segment's own record, not a forecast for this issue.