Rentomojo Shares List at 19% Premium on NSE
Rentomojo made its stock market debut on Thursday, September 17, 2026, with its shares listing at a 19.42% premium on the NSE. The stock opened at ₹482.45 apiece on the NSE against its IPO issue price of ₹404 per share. On the BSE, the shares debuted at ₹480 per share, representing a 18.81% premium over the issue price.
The company’s ₹1,255.57 crore IPO was open for subscription from September 9 to September 11, 2026, and witnessed strong investor interest. The issue was subscribed 72.88 times by the end of the bidding period.
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
Explore other Upcoming IPOs on BSE and NSE.
Rentomojo IPO Overall Subscription Status
[September 11, 2026, 7:00 PM]
|
Category |
Subscription (x) |
|
Qualified Institutional Buyers (QIBs) |
177.29x |
|
Non-Institutional Investors (NIIs) |
67.93x |
|
Retail Individual Investors (RIIs) |
15.59x |
|
Total |
72.88x |
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 rental and subscription company offering furniture and home appliances through flexible, long-term plans. As of March 31, 2026, it served more than 253,800 active subscribers across 29 Indian cities, with products including beds, sofas, refrigerators, washing machines, televisions, and water purifiers.
The company follows an integrated full-stack model covering the product lifecycle from design and procurement to refurbishment, maintenance, and reverse logistics. As of March 31, 2026, it operated 82 experience stores and managed over 8.5 lakh live products across private-label and third-party brands.
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 |
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