Rentomojo’s initial public offering (IPO) is set to open for subscription on September 9, 2026. According to the Red Herring Prospectus (RHP), the ₹1,255.57 crore book-built issue comprises a fresh issue of up to ₹150.00 crore and an offer for sale (OFS) of up to ₹1,106.00 crore.

The IPO will remain open until September 11, 2026. The basis of allotment is expected to be finalised on September 15, 2026, and the shares are tentatively scheduled to be listed on the BSE and NSE on September 17, 2026.

Rentomojo IPO - Issue Details

Issue Type: Book Built Issue (Fresh Issue + OFS)
Total Issue Size: Up to ₹1,255.57 crore
Fresh Issue: Up to ₹150.00 crore
Offer for Sale (OFS): Up to ₹1,105.57 crore
Face Value: ₹1 per equity share
Price Band: ₹384 to ₹404 per share
Lot Size: 37 shares
Minimum Investment Amount (Retail Investor): ₹14,948 (37 shares at the upper price)
Listing: BSE, NSE
Book Running Lead Managers: IIFL Capital Services Limited, Motilal Oswal Investment Advisors Limited, Axis Capital Limited
Registrar: KFin Technologies Limited

Rentomojo IPO Timeline (Tentative)

The expected IPO schedule is as follows:

Event	Date
Subscription Opening Date	9 September 2026
Subscription Closing Date	11 September 2026
Basis of Allotment Date	15 September 2026
Refund Initiation Date	16 September 2026
Credit of Shares	16 September 2026
Listing on BSE and NSE	17 September 2026

Note: The allotment and listing dates are tentative and may be revised.

Explore other Upcoming IPOs on BSE and NSE.

Rentomojo IPO Category-wise Investment Limits

The application size for each category is as follows -

Category	Investment Range
Qualified Institutional Buyers (QIBs)	Not less than 50% of the Net Issue
Non-Institutional Investors (NIIs)	Not more than 15% of the Net Issue
Retail Individual Investors (RII)	Not more than 35% of the Net Issue

The minimum investment amount for each category, based on the upper price band of ₹404 per share, is as follows -

Investor Category	Lots	Shares	Investment Amount (Approx.)
Retail (Minimum)	1	37	₹14,948
Retail (Maximum)	13	481	₹1,94,324
sNII (Minimum)	14	518	₹2,09,272
bNII (Minimum)	67	2,479	₹10,01,516

Utilisation of IPO Proceeds

The company intends to utilise the net proceeds from the fresh issue towards:

Repayment and or prepayment, in full or in part, of certain outstanding borrowings and accrued interest thereon availed by the company
Payment of lease rental and or license fee for our warehouses and experience stores (“Premises”)
General corporate purposes.

About Rentomojo Limited

Rentomojo is a technology-driven direct-to-consumer rental platform that offers furniture and home appliances through flexible long-term subscription plans. Operating across 29 cities in India, the company had over 253,800 live subscribers as of March 31, 2026, providing affordable access to products such as beds, sofas, refrigerators, washing machines, televisions, and water purifiers without the burden of upfront ownership.

The company follows a full-stack operating model that manages the entire asset lifecycle, including product design, procurement, refurbishment, servicing, and reverse logistics. With 82 experience stores and a portfolio of more than 8.5 lakh live products, Rentomojo combines private-label offerings with leading brands to deliver a convenient, high-quality rental experience while maintaining strong asset utilisation.

Key Financial Highlights

Particulars	FY26 (in ₹ crore)	FY25 (in ₹ crore)	FY24 (in ₹ crore)
Revenue from operations	386.98	265.96	192.70
EBITDA	163.46	118.44	78.15
Profit After Tax (PAT)	104.30	43.11	22.41