Rentomojo Limited is a technology-driven, full-stack direct-to-consumer online rental and subscription platform offering furniture, appliances and other lifestyle products. The company operates through a rental model that allows customers to access products without making the full upfront purchase cost.
Rentomojo IPO is a Mainboard Book Built public issue comprising a fresh issue of equity shares and an Offer for Sale by existing shareholders. The IPO is scheduled to open for subscription on September 9, 2026 and close on September 11, 2026. The shares are proposed to be listed on both BSE and NSE.
The price band has been fixed at ₹384 to ₹404 per equity share of face value ₹1. At the upper price band, the total IPO size is approximately ₹1,255.57 crore. The fresh issue is approximately ₹150 crore, while the Offer for Sale comprises up to 2,73,65,529 equity shares.
Rentomojo provides customers with access to furniture, appliances, electronics and other household products through rental and subscription arrangements. Its technology platform supports product discovery, ordering, rental management, payments, logistics and customer servicing.
The company has developed a presence in India’s rental and subscription economy, particularly among urban consumers seeking flexibility, lower upfront costs and access to household products without long-term ownership. Its business model is supported by recurring rental relationships and a technology-enabled customer experience.
The company filed its Draft Red Herring Prospectus with SEBI in April 2026, and the latest RHP has subsequently provided the current IPO terms and timetable.
Table of Contents
Rentomojo IPO Details Information
| IPO Details | Information |
|---|---|
| IPO Name | Rentomojo IPO |
| Company Name | Rentomojo Limited |
| IPO Type | Book Built Issue |
| IPO Category | Mainboard IPO |
| Face Value | ₹1 Per Equity Share |
| Price Band | ₹384 to ₹404 Per Share |
| Issue Size | Approx. ₹1,255.57 Crore |
| Fresh Issue | Approx. ₹150 Crore |
| Offer for Sale | 2,73,65,529 Equity Shares |
| IPO Open Date | 9 September 2026 |
| IPO Close Date | 11 September 2026 |
| Anchor Investor Bidding | 8 September 2026 |
| Basis of Allotment | 15 September 2026 |
| Refund Initiation | 16 September 2026 |
| Shares Credited to Demat Account | 16 September 2026 |
| Listing Date | 17 September 2026 |
| Listing Exchange | BSE & NSE |
| Lot Size | 37 Equity Shares |
| Registrar | KFin Technologies Limited |
| Book Running Lead Managers | Motilal Oswal Investment Advisors Limited and other appointed intermediaries as disclosed in the final offer documents |
Rentomojo IPO is a book-built issue comprising a fresh issue of approximately ₹150 crore and an Offer for Sale of 2,73,65,529 equity shares. At the upper price band of ₹404, the overall issue size is approximately ₹1,255.57 crore.
Rentomojo IPO Dates
| IPO Event | Date |
|---|---|
| Anchor Investor Bidding | 8 September 2026 |
| IPO Opening Date | 9 September 2026 |
| IPO Closing Date | 11 September 2026 |
| Basis of Allotment | 15 September 2026 |
| Refund Initiation | 16 September 2026 |
| Shares Credited to Demat Account | 16 September 2026 |
| Listing Date | 17 September 2026 |
The Rentomojo IPO is scheduled to open on September 9, 2026 and close on September 11, 2026. The basis of allotment is scheduled for September 15, followed by refund initiation and demat credit on September 16. The proposed listing date is September 17, 2026.
Rentomojo IPO Reservation
| Investor Category | Reservation |
|---|---|
| Qualified Institutional Buyers (QIB) | Not More Than 75% |
| Non-Institutional Investors (NII) | Not Less Than 15% |
| Retail Individual Investors (RII) | Not Less Than 10% |
The IPO allocation provides for up to 75% of the net offer to Qualified Institutional Buyers, at least 15% to Non-Institutional Investors and at least 10% to Retail Individual Investors, subject to the applicable issue rules and final allocation.
Rentomojo IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 Lot | 37 Shares | ₹14,948 |
| Retail Maximum | 13 Lots | 481 Shares | ₹1,94,324 |
| S-HNI Minimum | 14 Lots | 518 Shares | ₹2,09,272 |
| S-HNI Maximum | 66 Lots | 2,442 Shares | ₹9,86,568 |
| B-HNI Minimum | 67 Lots | 2,479 Shares | ₹10,01,516 |
The minimum application lot for the Rentomojo IPO is 37 equity shares. At the upper price band of ₹404, one retail lot requires an investment of ₹14,948. A retail investor can apply for up to 13 lots, representing 481 shares and an application value of ₹1,94,324 at the upper price band.
About Rentomojo Limited
Rentomojo Limited operates a technology-driven online rental and subscription platform focused on furniture, appliances and other consumer products. The platform enables customers to rent products instead of purchasing them outright.
The company provides customers with flexible access to products such as furniture, appliances, electronics and household essentials. Its rental model is particularly relevant to consumers who may be relocating, living temporarily in a city, setting up a home or preferring access over ownership.
Rentomojo’s technology platform connects customers with its rental inventory and supports the end-to-end rental journey. The company uses technology to manage product discovery, subscriptions, payments, logistics, servicing and customer interactions.
The company was originally established as Edunetwork Private Limited and operates under the Rentomojo brand. Its business has developed around the broader shift toward rental, subscription and access-based consumption in India’s urban markets.
Rentomojo has expanded its product portfolio beyond traditional furniture rentals to include appliances, electronics, fitness products and other categories. Its platform is designed to provide consumers with convenient access to products through monthly rental commitments.
Business Operations
Rentomojo’s business operations are based on an asset-backed rental and subscription model supported by technology and logistics.
• Furniture Rentals – The company offers furniture products for bedrooms, living rooms, dining areas, work-from-home setups and other household requirements.
• Appliance Rentals – Customers can rent household appliances such as refrigerators, washing machines, air conditioners and other products.
• Electronics Rentals – The platform provides access to selected electronic products and devices through rental arrangements.
• Fitness Products – Rentomojo offers fitness equipment and related products through its rental platform.
• Subscription Model – Customers can access products through recurring rental payments rather than making the full purchase price upfront.
• Product Bundles – The company offers packages and bundled solutions for customers setting up homes or specific living requirements.
• Logistics and Delivery – Product delivery, installation, servicing, exchange and collection form important components of the operating model.
• Technology Platform – The company uses its digital platform to manage customer acquisition, product selection, rental contracts, payments and customer service.
The company’s operating model combines physical assets with technology, logistics and recurring customer relationships. This creates opportunities for recurring revenue but also requires effective asset utilisation, maintenance and inventory management.
Industry Overview
India’s rental and subscription economy is developing as consumers increasingly seek flexibility, convenience and lower upfront costs. Urbanisation, migration, changing employment patterns and the growth of young working populations have contributed to demand for flexible access to furniture, appliances and electronics.
Traditional ownership requires customers to make a significant upfront investment and also bear maintenance, depreciation and resale-related responsibilities. Rental platforms provide an alternative by allowing customers to access products through periodic payments.
The growth of digital commerce and online payments has also made subscription and rental models easier to operate. Technology platforms can manage customer onboarding, recurring payments, logistics, inventory and service requirements through integrated systems.
Furniture and appliance rental businesses nevertheless face challenges related to inventory depreciation, product damage, maintenance costs, reverse logistics, customer acquisition and asset utilisation. Companies operating in this industry must balance rental pricing with the cost of acquiring and maintaining inventory.
Competition can also arise from traditional retailers, online marketplaces, used-product platforms, furniture rental businesses and other consumer subscription models.
Rentomojo participates in this developing access-based consumption market and seeks to build a technology-enabled platform that combines product rental, logistics and recurring subscriptions.
Business Strategy
Rentomojo’s strategy is focused on expanding its rental and subscription platform while improving customer acquisition, product utilisation and operating efficiency.
The company seeks to increase the breadth of products available through its platform and strengthen its presence across major Indian markets. Its technology platform allows it to manage rental transactions and customer relationships at scale.
The company also aims to improve asset utilisation because higher utilisation of rental inventory can potentially increase revenue generated from the underlying assets. Effective refurbishment, maintenance and redeployment of returned products can also support the economics of the rental model.
Another important strategic area is customer retention. Recurring rental arrangements provide the potential for longer customer relationships and predictable revenue streams when customers continue their subscriptions.
Rentomojo also operates an integrated logistics and service model covering delivery, installation, maintenance, product exchange and collection. Improving these processes can help control costs and enhance customer satisfaction.
The company intends to use the fresh issue proceeds for the purposes specified in its offer documents, while continuing to invest in the expansion and development of its business.
Rentomojo IPO Financial Information
Financial performance is an important consideration for evaluating Rentomojo because the rental model involves substantial operating expenses, asset investments, logistics costs, maintenance expenses and customer acquisition costs.
Rentomojo Financial Summary
| Particulars | FY2024 | FY2025 | FY2026 |
|---|---|---|---|
| Revenue from Operations | ₹220.50 Crore | ₹271.96 Crore | ₹394.09 Crore |
| Profit After Tax (PAT) | ₹25.84 Crore | ₹43.11 Crore | ₹104.30 Crore |
| Revenue Growth | — | 23.34% | 44.91% |
| PAT Growth | — | 66.81% | 142.03% |
The company’s revenue from operations increased from approximately ₹220.50 crore in FY2024 to ₹271.96 crore in FY2025 and further to ₹394.09 crore in FY2026. PAT increased from approximately ₹25.84 crore in FY2024 to ₹43.11 crore in FY2025 and ₹104.30 crore in FY2026.
The FY2026 financial performance indicates substantial growth in both revenue and profitability. Revenue growth accelerated in FY2026, while PAT more than doubled compared with FY2025.
The improvement in profitability is particularly relevant for a rental business because the ability to generate sustainable profits depends on product utilisation, rental pricing, asset depreciation, maintenance expenses, logistics costs and customer acquisition economics.
Rentomojo IPO Key Performance Indicators (KPIs)
| KPI | FY2026 Value |
|---|---|
| Revenue from Operations | ₹394.09 Crore |
| PAT | ₹104.30 Crore |
| PAT Margin | Approximately 26.47% |
| Revenue Growth | Approximately 44.91% |
| PAT Growth | Approximately 142.03% |
Rentomojo reported revenue from operations of ₹394.09 crore and PAT of ₹104.30 crore in FY2026. The company’s revenue grew approximately 44.91% over FY2025, while PAT increased approximately 142.03%.
The strong improvement in profitability is a positive financial indicator, although investors should examine the underlying earnings quality, operating cash flows, depreciation, asset utilisation and recurring nature of profits before drawing conclusions about future performance.
Objects of the Rentomojo IPO
The Rentomojo IPO comprises a fresh issue of approximately ₹150 crore and an Offer for Sale of up to 2,73,65,529 equity shares.
• Fresh issue proceeds will be used for the purposes specified in the company’s offer documents.
• The company proposes to deploy the fresh issue proceeds toward identified business requirements, including capital expenditure and other permitted corporate purposes.
• The Offer for Sale proceeds will be received by the respective selling shareholders.
• The company will not receive the proceeds attributable to the Offer for Sale.
The fresh issue provides capital to the company, unlike an IPO comprising only an Offer for Sale. Investors should refer to the final RHP/Prospectus for the precise allocation of the fresh issue proceeds among the identified objects and applicable issue expenses.
Rentomojo IPO Listing Performance
The listing performance will be updated after the equity shares begin trading on the stock exchanges.
| Particular | Value |
|---|---|
| Listing Exchange | BSE & NSE |
| Listing Date | 17 September 2026 |
| Issue Price | ₹384 to ₹404 Per Share |
| Final Issue Price | To be updated |
| Listing Price | To be updated |
| Listing Gain | To be updated |
| Listing Gain (%) | To be updated |
As of September 4, 2026, Rentomojo has not yet been listed. Therefore, the actual listing price and listing gain cannot be stated. The shares are scheduled to be listed on BSE and NSE on September 17, 2026.
Rentomojo IPO Subscription Status
The subscription figures will be updated after the IPO opens for bidding.
Rentomojo IPO Subscription
| Investor Category | Subscription |
|---|---|
| Qualified Institutional Buyers (QIB) | To be updated |
| Non-Institutional Investors (NII) | To be updated |
| Retail Individual Investors (RII) | To be updated |
| Employee Category | To be updated, if applicable |
| Total Subscription | To be updated |
The Rentomojo IPO is scheduled to open on September 9, 2026 and close on September 11, 2026. Therefore, live category-wise subscription figures are not available as of September 4, 2026.
Rentomojo IPO Review
Rentomojo operates in India’s growing rental and subscription economy, providing consumers with access to furniture, appliances, electronics and other products without requiring full upfront ownership.
One of the company’s major advantages is its technology-enabled direct-to-consumer platform. The digital model allows customers to browse products, select rental arrangements and manage subscriptions through an online interface. The company also integrates logistics and servicing into its rental operations.
The company’s financial performance has improved significantly. Revenue from operations increased from ₹220.50 crore in FY2024 to ₹394.09 crore in FY2026, while PAT increased from ₹25.84 crore to ₹104.30 crore over the same period.
FY2026 was particularly strong, with revenue growth of approximately 44.91% and PAT growth of approximately 142.03%. This indicates significant improvement in the company’s reported profitability.
The rental business model can also generate recurring revenue because customers generally make periodic rental payments over the duration of their contracts. Higher customer retention and asset utilisation can improve the economics of this model.
However, Rentomojo’s business also involves substantial operational complexity. The company needs to purchase, maintain, refurbish, deliver and recover physical products. Asset depreciation and maintenance costs can therefore have a meaningful impact on profitability.
Customer acquisition and retention are also important because rental businesses require a steady flow of customers to keep assets utilised. Competition from online marketplaces, traditional retailers, used-product platforms and other rental companies could affect customer acquisition costs and pricing.
Another consideration is valuation. At the upper price band of ₹404, the company is being valued at approximately ₹4,200 crore, according to current market reports. This valuation represents a substantial increase over its previous private-market valuation and places expectations on the company to sustain growth and profitability.
The IPO also includes a significant Offer for Sale component. While the fresh issue provides approximately ₹150 crore to the company, the larger OFS component provides liquidity to existing shareholders.
Overall, Rentomojo has several attractive characteristics, including strong FY2026 revenue and PAT growth, an established rental platform, recurring customer relationships and participation in India’s developing access-based consumption market. Investors should nevertheless assess asset utilisation, cash flows, depreciation, customer acquisition economics, competition, valuation and the risks disclosed in the final RHP before making an investment decision.
Rentomojo IPO Strengths
• Technology-driven direct-to-consumer rental and subscription platform.
• Established presence in India’s furniture, appliance and lifestyle rental market.
• Diversified product portfolio covering furniture, appliances, electronics and other household categories.
• Rental model can generate recurring revenue from subscription customers.
• Strong revenue growth, with revenue from operations reaching approximately ₹394.09 crore in FY2026.
• Significant improvement in profitability, with FY2026 PAT of approximately ₹104.30 crore.
• FY2026 revenue increased approximately 44.91% over FY2025.
• FY2026 PAT increased approximately 142.03% over FY2025.
• Online platform supports customer acquisition, rental management and recurring payments.
• Integrated logistics, delivery, servicing and product-recovery capabilities.
• Participation in India’s developing access-based consumption and subscription economy.
Rentomojo IPO Risk Factors
• The business requires significant management of physical rental assets, creating exposure to depreciation, maintenance and refurbishment costs.
• Asset utilisation is important to profitability, and under-utilised inventory can negatively affect returns.
• Customer acquisition and retention costs may increase as competition in online rental and subscription markets develops.
• The company operates in a competitive market that includes traditional retailers, online marketplaces and other rental platforms.
• Logistics, delivery, installation, servicing and reverse logistics can increase operating expenses.
• Damage, loss or deterioration of rental products may affect asset economics.
• Changes in consumer preferences could reduce demand for certain rental categories.
• The company depends on technology systems and digital platforms, exposing it to cybersecurity, data-security and system-availability risks.
• Rapid expansion can increase working-capital and operational requirements.
• The company may be affected by changes in interest rates, consumer spending and broader economic conditions.
• The valuation implied by the IPO price band requires continued growth and profitability to justify investor expectations.
• The IPO contains a substantial Offer for Sale component, meaning a significant portion of the issue proceeds will go to selling shareholders rather than the company.
• Investors should carefully examine the complete Risk Factors section of the final RHP/Prospectus before investing.
Rentomojo IPO Promoters
Rentomojo Limited is promoted by its founding and existing promoter group, with institutional and financial investors also holding interests in the company.
The company has received backing from prominent venture-capital and institutional investors during its growth phase. Accel has been among the company’s well-known investors, while other investors have participated in earlier funding rounds.
The current IPO includes an Offer for Sale by existing shareholders. The precise number of shares offered by each selling shareholder should be read from the final RHP/Prospectus because shareholder holdings and offer quantities can change before the final issue.
Rentomojo IPO Promoters Details
| Promoter / Shareholder | Status |
|---|---|
| Rentomojo Founding/Promoter Group | Promoter |
| Accel and other institutional investors | Existing Investors |
| Selling Shareholders | As disclosed in the final RHP |
The company has attracted institutional investment during its development as a technology-enabled rental platform. The final offer document should be referred to for the definitive promoter classification and post-issue shareholding.
Rentomojo IPO Management Team
The management team combines experience in technology, consumer internet, operations, finance and the rental business.
| Name | Designation |
|---|---|
| Geetansh Bamania | Founder & Chief Executive Officer |
| Other Board and Senior Management Personnel | As disclosed in the final RHP |
Geetansh Bamania is the founder and chief executive officer associated with Rentomojo’s development and business strategy. The final RHP should be referred to for the complete current list of directors and key managerial personnel.
Rentomojo IPO Registrar Details
The registrar to the Rentomojo IPO is KFin Technologies Limited.
| Particular | Details |
|---|---|
| Registrar Name | KFin Technologies Limited |
| Website | https://kosmic.kfintech.com/ |
| IPO Allotment Status | KFin Technologies IPO Allotment Portal |
| Contact Number | To be updated from final issue communication |
| Email ID | To be updated from final issue communication |
KFin Technologies Limited is identified as the registrar for the Rentomojo IPO and will handle application processing and allotment-related investor services.
Rentomojo IPO Lead Manager Details
The Book Running Lead Managers for the Rentomojo IPO include:
| Particular | Details |
|---|---|
| Lead Manager | Motilal Oswal Investment Advisors Limited |
| Other Lead Managers | As disclosed in the final RHP |
The final offer document should be referred to for the complete list of Book Running Lead Managers and their official contact details.
Rentomojo Limited Contact Details
| Particular | Details |
|---|---|
| Company Name | Rentomojo Limited |
| Registered Office | Bengaluru, Karnataka, India |
| Website | https://www.rentomojo.com/ |
| Email ID | To be verified from final issue communication |
| Telephone | To be verified from final issue communication |
Rentomojo operates its technology-driven rental platform through its official website, where customers can access furniture, appliances, electronics and other rental categories.
How to Check Rentomojo IPO Allotment Status
Investors can check the Rentomojo IPO allotment status after the basis of allotment is finalised through the registrar’s website or the relevant stock-exchange facility.
Through KFin Technologies Limited
- Visit the official KFin Technologies IPO allotment portal.
- Select Rentomojo IPO from the available IPO list.
- Choose PAN Number, Application Number or DP/Client ID, as applicable.
- Enter the required details.
- Complete the verification process, if required.
- Submit the information to view the allotment status.
Through BSE
- Visit the BSE IPO allotment facility.
- Select Rentomojo IPO from the available issue list.
- Enter your PAN Number or Application Number.
- Complete the verification process, if required.
- Submit the details to view the allotment result.
The basis of allotment is scheduled for September 15, 2026, followed by refund initiation and share credit on September 16. The proposed listing date is September 17, 2026.
Rentomojo IPO Conclusion
Rentomojo IPO provides investors with an opportunity to participate in the public listing of a technology-driven rental and subscription platform operating in India’s growing access-based consumption market.
The company has developed an online platform covering furniture, appliances, electronics and other products, supported by logistics, servicing and recurring rental arrangements. This model addresses consumers seeking flexibility and lower upfront costs compared with outright product ownership.
Financial performance has improved significantly. Revenue from operations increased from approximately ₹220.50 crore in FY2024 to ₹394.09 crore in FY2026, while PAT increased from approximately ₹25.84 crore to ₹104.30 crore.
The company reported particularly strong growth in FY2026, with revenue increasing approximately 44.91% and PAT increasing approximately 142.03%. These figures indicate an improvement in the company’s reported financial performance.
The IPO has a price band of ₹384 to ₹404 per share and a total issue size of approximately ₹1,255.57 crore, comprising a fresh issue of approximately ₹150 crore and an OFS of 2,73,65,529 shares.
However, investors should carefully evaluate the asset-heavy nature of the rental model, product depreciation, maintenance and logistics costs, customer acquisition, competition, asset utilisation, cash-flow generation and valuation.
At the upper price band, the company is being valued at approximately ₹4,200 crore according to current reports. Investors should therefore assess whether the company’s expected future growth and profitability adequately support the IPO valuation before making an investment decision.
Rentomojo IPO FAQs
What is Rentomojo IPO?
Rentomojo IPO is the Mainboard Book Built public issue of Rentomojo Limited. The IPO comprises a fresh issue of approximately ₹150 crore and an Offer for Sale of up to 2,73,65,529 equity shares.
What is the price band of Rentomojo IPO?
The price band of Rentomojo IPO is ₹384 to ₹404 per equity share.
What is the issue size of Rentomojo IPO?
The total Rentomojo IPO size is approximately ₹1,255.57 crore at the upper price band. It comprises a fresh issue of approximately ₹150 crore and an Offer for Sale of 2,73,65,529 equity shares.
When will Rentomojo IPO open?
The Rentomojo IPO is scheduled to open for subscription on September 9, 2026.
When will Rentomojo IPO close?
The Rentomojo IPO is scheduled to close on September 11, 2026.
What is the lot size of Rentomojo IPO?
The minimum lot size is 37 equity shares. At the upper price band of ₹404, one lot requires an application amount of ₹14,948.
On which stock exchanges will Rentomojo shares be listed?
Rentomojo shares are proposed to be listed on both BSE and NSE. The proposed listing date is September 17, 2026.
Who is the registrar for Rentomojo IPO?
KFin Technologies Limited is the registrar to the Rentomojo IPO.
What does Rentomojo Limited do?
Rentomojo Limited operates a technology-driven online rental and subscription platform for furniture, appliances, electronics and other consumer products.
What are the objects of Rentomojo IPO?
The IPO comprises a fresh issue of approximately ₹150 crore and an Offer for Sale. The fresh issue proceeds are intended to be used for the purposes specified in the company’s final offer documents, while the OFS proceeds will be received by the selling shareholders.
