Rentomojo Limited
Open now9–11 Sep 2026
Updated 2026-09-09 (IST)
What Rentomojo Limited does
Rentomojo operates a technology-driven, full-stack direct-to-consumer ("D2C") online rental and subscription platform for furniture and appliances in India.
Rentomojo Limited financials
Rs crore · AnnualLatest year highlighted in green. Sparklines show the trend.
| FY24 | FY25 | FY26 | ||
|---|---|---|---|---|
| Sales | 193 | 266 | 387 | |
| Operating Profit | 78 | 118 | 163 | |
| OPM % | 39.9% | 43.5% | 41.5% | |
| Net Profit | 22 | 43 | 104 | |
| Total Debt | 147 | 155 | 188 |
Rentomojo Limited IPO offer structure
Total: ₹1,256 cr. 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 Limited promoters and holding
- Geetansh Bamania: Chairperson, Managing Director and Chief Executive Officer
Rentomojo Limited 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.159)
- Leading furniture and appliance rental platform, where scale enables higher subscriber engagements – creating organic demand. (p.159)
- Integrated multi-stack business model driving a self-reinforcing flywheel at the intersection of e-commerce, subscription, and re-commerce. (p.159)
- Proven track record of extended reuse during asset life cycle and consistent cohort returns. (p.159)
- Proprietary technology stack seamlessly facilitating end-to-end operational integration. (p.159)
- We derive most of our revenues by renting furniture and appliances, and any decline in demand may adversely affect our business. (p.28)
- If we are unable to procure products from our vendors on commercially acceptable terms, our business may be affected. (p.28)
- The growth of our business is dependent on our ability to continue to grow the number of subscribers. (p.28)
- Our historical performance may not be indicative of our future growth or financial results. (p.28)
- Our revenue is concentrated in key tier-1 and metropolitan markets in India. (p.28)
Rentomojo Limited 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 Limited market and competition
We are a market leader in the organised home furniture and appliances rental market (excluding water purifiers), commanding approximately 42% - 47% share in terms of subscription revenue in Fiscal 2025.
Rentomojo Limited outlook, as the document states it
We plan to continue expanding our physical presence in a phased manner across geographies with favourable demographic and consumption profiles. We also plan to continue investing in our proprietary technology stack to further enhance customer experience and our operational efficiencies across logistics and service workflows.
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Rentomojo Limited IPO: common questions
When does the Rentomojo Limited IPO open and close?
The Rentomojo Limited IPO is open from 9 Sep 2026 to 11 Sep 2026.
What is the Rentomojo Limited IPO price band?
The price band is ₹384–₹404 per share.
What is the lot size and minimum investment for the Rentomojo Limited IPO?
One lot is 37 shares, and a retail application must be at least one lot. That is about ₹14,948 at the upper end of the band. An HNI application starts above Rs 2 lakh, so the minimum is higher for that category.
What is the grey-market premium (GMP) for the Rentomojo Limited IPO?
As of 9 Sep 2026 the indicative GMP is +30.7%. GMP is unregulated and self-reported. Never decide on it alone.
When are the Rentomojo Limited 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 Limited 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. 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 505 mainboard IPOs that have listed on the NSE since 2003, 359 (71%) opened above their issue price, at a median of +10%. That is the segment's own record, not a forecast for this issue.