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HomeIPORentomojo

About Rentomojo

Rentomojo is an innovative, end-to-end direct-to-consumer (D2C) platform in India for renting and subscription-based service of furniture and appliances. It is the largest rental platform in terms of live subscriptions and subscription-based revenue in Fiscal 2025 (Source: Redseer Report). The company’s end-to-end asset life cycle framework includes category management, procurement, refurbishment, servicing, reverse logistics, and redeployment in multiple cycles, leading to higher asset utilisation and capital efficiency. Rentomojo has achieved consistently high occupancy levels of more than 80% during recent fiscal years, leading to predictable and recurring revenue streams. It currently has a diversified range of 728,773 live products of furniture and appliances that include beds, sofas, wardrobes, refrigerators, washing machines, and water purifiers. It has popular brands like Haier, Wakefit, Livpure, and Duroflex along with its growing private label products, which also include appliances made in collaboration with Dixon Technologies (India) Limited. As of September 30, 2025, it had 227,511 live subscribers in 22 cities, providing affordable and flexible access to essential home products without any ownership upfront cost. Rentomojo operates through an omnichannel platform which is a combination of its digital portal and 67 experience stores, enabled by its 21 warehouses spread over an area of 444,486 square feet.

Checklist Quality Analysis

Live IPOs

National Stock Exchange of India logo

National Stock Exchange of India

Mainboard
Open  Close17th Sep 2026 - 21st Sep 2026
Issue Size22561.57 Cr
Min. Qty8 Shares
Issue Price₹ 1700.00
Live IPO
Antala Industries logo

Antala Industries

SME
Open  Close29th Oct 2026 - 5th Nov 2026
Issue Size22.98 Cr
Min. Qty2000 Shares
Issue Price₹ 62.00
Live IPO
Companies NameOpen - CloseIssue SizeMin. QtyIssue PriceApply
National Stock Exchange of India logo

National Stock Exchange of India

Mainboard
17th Sep 2026 - 21st Sep 202622561.57 Cr8 Shares₹ 1700.00
Antala Industries logo

Antala Industries

SME
29th Oct 2026 - 5th Nov 202622.98 Cr2000 Shares₹ 62.00
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Rentomojo

Rentomojo

Open Date

Sep 9, 2026

Close Date

Sep 11, 2026

listed

Min Investment

₹14,948

Lot Size

37 Shares

Issue Size

₹1255.57 Cr

Price Range

₹384 - ₹384

Listing Date

Sep 17, 2026

IPO Doc

RHP PDF

Revenue Growth

Company Valuation

Earning Expansion

The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily.

₹87(+21.53%)GMP
21.53%Prediction Listing Gain

Grey Market Premium (GMP) Trend

Rentomojo IPO - Issue Objectives

₹42.50 crore will fund warehouse and experience store lease/license fees. The company will use ₹70 crore for repayment of the borrowings. Part of the IPO proceeds will be used for general corporate purposes and issue expenses.

Payment of lease rental

28.3%

Repayment of loan

46.6%

General corporate purposes

25.1%

1

Payment of lease rental

₹42.50 crore will fund warehouse and experience store lease/license fees.

28.30%
2

Repayment of loan

The company will use ₹70 crore for repayment of the borrowings.

46.60%
3

General corporate purposes

Part of the IPO proceeds will be used for general corporate purposes and issue expenses.

25.10%

IPO Subscription Status

QIB
177.29x
NII
67.93x
Individual
15.59x
Total
72.88x

Times subscribed by category (bars capped at 10x for readability). Dashed line marks 1.0x (fully subscribed).

Financials of Rentomojo

In Cr.

About Strength & Risks

Why this IPO looks interesting

Key positives investors may want to consider before applying.

01

Market leadership

The firm enjoys an approximate market share of 42% to 47% in the subscription revenue space and over 50% to 55% live subscriber market share. Organic traffic contributed 61.3% in FY26 and was driven by brand engagement, along with an increased rating of the Android app to 4.64.

02

Integrated multi-stack business model

It has a business model of integrated e-commerce, subscription and re-commerce that has helped create a flywheel effect from customer acquisition to servicing and asset redeployment. The 11 touchpoints of the customer lifecycle, along with shared infrastructure, help keep unit costs low and make it operationally complex for others to replicate.

03

Multi-cycle asset utilisation & capital efficiency

Assets have been earning revenue from multiple cycles due to an occupancy of 83.3% in FY26 and efficient refurbishment. 56%+ of 2017 and 61% of 2018 assets are still revenue-generating. The FY17 cohort has earned a revenue multiple of 5.12x on asset cost.

What investors should watch closely

Risk factors and possible pressure points around the offer.

01

High degree of rental income

The rental income of furniture and appliances made up 97.9% of the income in FY26, which makes the company rely on renewal of subscription.

02

Difficulty in subscribers' acquisitions and retention

The company will have to work on growing its existing subscribers, which amount to 253,825 live subscribers, and competition could hamper it due to high acquisition cost and subscriber churn.

03

Contact Details

Rentomojo

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

9591874499
secretarial@rentomojo.com
https://www.rentomojo.com/

Rentomojo IPO - FAQs

Rentomojo IPO is a Mainboard IPO. The issue is priced at 384-₹404. The minimum order quantity is 37 Shares. The IPO opens on 9 Sep, and closes on 11 Sep. TBA is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.








IPO Timeline

  • Pre Apply2026-09-07
  • Bidding Starts2026-09-09
  • Bidding Ends2026-09-11
  • Allotment Finalisation2026-09-15
  • Release of Funds2026-09-16
  • Demat Transfer2026-09-16
  • Listing2026-09-17
04

Technology-driven scalability

Its proprietary technology stack allows it to run its operations through 1.75 million touchpoints in FY26 and allows logistics, asset utilisation and risk management. Their tech-enabled collection systems have enabled them to achieve revenue realisation efficiency of 99.0% in FY26.

Revenue dependency on metropolitan areas

The top 10 cities accounted for 89.5% of the income of FY26. It shows how risky the business is because any disruption in any metropolitan area may harm the business.

04

Asset damage risk

The fire incident in Noida warehouse in June 2026 resulted in the loss of ₹11.02 crore; this exposes the company to asset damage risk.

05

Receivables default risk

The impaired credit receivables (due more than 180 days) stood at ₹21.8 crore for FY26 increased from ₹13.01 crore in FY24, and any further defaults by the subscriber could negatively affect the collections of the company.