Rentomojo IPO Details Details

Rentomojo IPO is a book-built issue of ₹1,255.57 crore, comprising a fresh issue of approximately 37.15 lakh shares aggregating to ₹150.00 crore and an Offer for Sale (OFS) of approximately 2.74 crore shares aggregating to ₹1,105.57 crore. The IPO is scheduled to open for subscription on September 9, 2026, and close on September 11, 2026. The basis of allotment is expected to be finalized on September 15, 2026. The company’s shares are proposed to be listed on both BSE and NSE, with a tentative listing date of September 17, 2026. The price band for the Rentomojo IPO has been fixed at ₹384 to ₹404 per share. The minimum application lot size is 37 shares, requiring a minimum investment of ₹14,948 for retail investors at the upper end of the price band. Motilal Oswal Investment Advisors Limited is acting as the Book Running Lead Manager (BRLM) to the issue, while KFin Technologies Limited is the registrar. Investors may refer to the company’s Red Herring Prospectus (RHP) for comprehensive information regarding the IPO, including the company’s business operations, financial performance, objects of the issue, industry overview, risk factors, and other material information.

IPO Details

IPO Date 09 Sep 26
Listing Date 17 Sep 26
Face Value ₹1 per share
Price Band ₹384 to ₹404
Lot Size 37
Sale Type Fresh capital cum OFS
Issue Type Bookbuilding IPO
Listing At NSE, BSE
Total Issue Size ₹1,256 Cr
Fresh Issue
₹150 Cr
Offer for Sale
Share Holding Pre Issue 10,13,91,096 shares
Share Holding Post Issue 10,51,06,545 shares

IPO DRHP Status

Description Details

IPO Reservation

Investor Category Shares Offered
QIB Shares Offered Not more than 50% of the Net Offer
Retail Shares Offered Not less than 35% of the Net Offer
NII Shares Offered Not less than 15% of the Net Offer

About Rentomojo IPO Details.


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 solutions for home furniture and appliances, allowing them to rent, return, upgrade, and relocate products without making large upfront purchases or taking on long-term ownership commitments. Rentomojo offers a diversified portfolio of essential household products, including beds, mattresses, washing machines, refrigerators, wardrobes, sofas, televisions, and water purifiers. As of March 31, 2026, its portfolio comprised 851,184 live items. Integrated Asset-Lifecycle Model Rentomojo operates through an integrated, full-stack asset-lifecycle model covering category management, product design, procurement, refurbishment, servicing, reverse logistics, and multi-cycle redeployment. This approach enables the company to manage its products across multiple deployment cycles, extend asset life, improve occupancy and capital efficiency, and maintain consistent service quality throughout the customer subscription lifecycle. By refurbishing and redeploying returned products, the company seeks to maximize asset utilization while reducing the requirement for incremental capital expenditure. Omni-Channel Presence The company follows an omni-channel business model, combining its digital ordering platform with a growing network of physical experience stores. As of March 31, 2026, Rentomojo operated 82 experience stores across India, allowing customers to physically explore products while retaining the convenience of its online subscription platform. Subscriber Base and Operational Network As of March 31, 2026, Rentomojo had 253,825 live subscribers across 29 cities in India. To support its operations, the company maintained 20 warehouses with an aggregate warehousing area of 538,933 sq. ft. The company is supported by a network of trained service professionals and logistics partners that manage delivery, installation, maintenance, repairs, relocation, and reverse logistics. During Fiscal 2026, Rentomojo recorded an average delivery turnaround time of 2.35 days and maintained an occupancy rate of 83.34%. E-commerce, Subscription and Re-commerce Model Rentomojo operates at the intersection of e-commerce, subscription, and re-commerce, integrating these three models across both the consumer and asset lifecycle. Its subscription-based model is designed to generate recurring revenues, while refurbishment and multi-cycle redeployment help extend the useful life of its assets. This integrated approach enables the company to improve asset utilization and occupancy while reducing the need for fresh capital expenditure on new inventory. Private-Label Product Portfolio The company has expanded its portfolio by introducing private-label furniture and appliances. This includes refrigerators and washing machines manufactured in partnership with Dixon Technologies (India) Limited, along with Rentomojo's own branded water purifiers. The private-label strategy enables the company to broaden its product offering while strengthening control over product specifications, availability, and the overall customer experience. Workforce As of March 31, 2026, Rentomojo had 835 permanent employees and 1,772 contractual workforce personnel, supporting its technology, warehousing, logistics, refurbishment, customer service, and other operations across 29 cities in India. Competitive Strengths Leading market position: Established presence in India's furniture and appliance rental and subscription market. Consistently profitable D2C business: The company has remained profitable since Fiscal 2023. Strong subscriber base and diversified portfolio: A sizeable base of live subscribers supported by an extensive range of furniture and household appliances. Recurring revenue model: Long-term subscriptions provide relatively predictable and recurring revenue streams. Efficient capital deployment: Multi-cycle asset utilization and refurbishment support higher asset efficiency and return on capital employed. Full-stack asset-lifecycle capabilities: Integrated control across procurement, refurbishment, servicing, logistics, and redeployment. Omni-channel presence: Combination of a technology-driven online platform and 82 physical experience stores. Integrated e-commerce, subscription and re-commerce ecosystem: The business model combines digital commerce with recurring subscriptions and asset redeployment. Established institutional backing: The company is supported by marquee institutional investors and an established sponsorship base.

Company Financials (Restated)

Period Ended 31 Mar 2026 31 Mar 2025 31 Mar 2024
Assets 641.12 449.87 366.20
Total Income 394.09 271.96 195.80
Profit After Tax 104.30 43.11 22.41
EBITDA 163.46 118.44 78.15
Net Worth 295.81 183.61 139.61
Amount in ₹ Crore

IPO Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:

# Issue Objects Est Amt (₹ Cr.)
1 Repayment/ prepayment, in full or in part, of certain outstanding borrowings and accrued interest thereon availed by our Company 70.00
2 Payment of lease rental/ license fee for our warehouses and experience stores 42.50
3 General corporate purposes 0.00

Key Performance Indicator (KPI)

KPI Mar 31, 2026 Mar 31, 2025
ROE 43.51%% 26.67%%
ROCE 25.34%% 25.14%%
Debt/Equity - -
RoNW 43.51%% 26.67%%
PAT Margin 26.95%% 16.21%%
EBITDA Margin 41.48%% 43.55%%

Key Performance Indicator (KPI)

Pre IPO Post IPO
EPS Rs 10.29 9.92
The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2026 available in RHP. The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of March 31, 2026 available in RHP.

IPO Registrar

  • Kfin Technologies Ltd.
  • 040-79615565
  • rentomojo.ipo@iiflcap.com
  • Visit Website

Contact Details

Rentomojo Ltd. Address
Second Floor, B Block, BHIVE Workspace no. 112, AKR Tech Park “A” and 7th Mile, Hosur Road, Krishna Reddy Industrial Area, Bommanahalli Bangalore Metropolitan Region, Karnataka, 560068

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