Rentomojo IPO Day 2: Subscription Status on 10 September 2026

Rentomojo IPO Day 2, 10 Sep 2026. Subscribed 1.42x at Day 1 close (5:06 PM). Price band Rs 384-404. Closes 11 Sep. Lists on NSE and BSE.

The issue has entered Day 2 of its three day bidding window, which opened on 9 September and closes on 11 September 2026. Rentomojo Limited, a technology driven online rental platform for furniture and appliances, is raising about Rs 1,255.67 crore through a combination of fresh issue and offer for sale, and the shares are proposed to list on both NSE and BSE.

Day 1 bidding for the issue closed with the issue subscribed 1.42 times overall, a solid start for a mainboard issue of this size. With qualified institutional buyers holding around 75 percent of the offer and typically placing the bulk of their bids in the final session, today’s session and the 11 September close will be important in determining how much further the book can run.

Click Here – Get Free Investment Predictions

Rentomojo IPO Details

The table below sets out the key parameters of the issue.

Rentomojo IPO Subscription Status Day 2

The table below tracks the overall subscription trend for the issue through its bidding window so far.

Category wise QIB, NII and retail figures for the issue continue to update through the NSE and BSE portals during the session. With QIBs holding roughly 75 percent of the offer, institutional demand in the closing hours will be the key factor in where the issue ultimately lands.

Track Subscription Status for the issue on the Univest Screener

How to Apply for the Rentomojo IPO

1. Open a Demat and trading account with a SEBI-registered broker such as Univest if you do not already have one.
2. Select the issue on your broker app or net banking platform and enter your bid quantity and price within the Rs 384 to Rs 404 band, in multiples of 37 shares.
3. Submit the application through the UPI-based ASBA method so the bid amount is blocked rather than debited immediately.
4. Approve the UPI mandate on your phone before the daily cut off time, keeping in mind the issue closes on 11 September.

Download the Univest iOS App or Univest Android App to apply for the issue before the 11 September close.

Grey market premium (GMP) is an unofficial, unregulated indicator for the issue that is not endorsed by SEBI, NSE, or BSE. Investors looking for indicative GMP data can go through other relevant sources, though such figures should never be the sole basis for an investment decision.

Conclusion

The issue has opened with a solid start, closing Day 1 subscribed 1.42 times overall, and two sessions remain before the 11 September close for the QIB book to build further. Investors considering the issue should review the company financials and risk factors in the RHP on nseindia.com and bseindia.com, and apply only after independent due diligence.

FAQs

What is the Rentomojo IPO subscription status on Day 2?

Ans. The issue closed Day 1 subscribed 1.42 times overall on 9 September, and figures for Day 2, 10 September 2026, are updating through today’s session on NSE and BSE.

When does the Rentomojo IPO close?

Ans. The issue closes for subscription on 11 September 2026, having opened on 9 September 2026.

What is the Rentomojo IPO price band and lot size?

Ans. The issue price band is Rs 384 to Rs 404 per share, with a lot size of 37 shares, taking the minimum retail investment to about Rs 14,948 at the upper band.

Why does the Rentomojo IPO QIB category matter so much?

Ans. Qualified institutional buyers hold roughly 75 percent of the issue, one of the higher QIB allocations among recent mainboard issues, so institutional bidding in the final session can significantly move the overall subscription figure.

What is the Rentomojo IPO GMP?

Ans. Grey market premium (GMP) is an unofficial, unregulated indicator for the issue that is not endorsed by SEBI, NSE, or BSE. Investors looking for indicative GMP data can go through other relevant sources, though such figures should never be the sole basis for an investment decision.

How do I apply for the Rentomojo IPO?

Ans. You can apply for the issue through your SEBI-registered broker or UPI-enabled banking app using the ASBA method, entering your bid in multiples of 37 shares within the Rs 384 to Rs 404 band and approving the UPI mandate before the daily cut off.

When will the Rentomojo IPO be allotted and listed?

Ans. The issue allotment is expected to be finalised on 15 September 2026, with listing on both NSE and BSE tentatively scheduled for 17 September 2026.

Is the Rentomojo IPO likely to close oversubscribed?

Ans. The issue was already subscribed 1.42 times by the Day 1 close, and with two sessions still remaining, including typical late QIB participation, the issue has a reasonable chance of closing meaningfully oversubscribed, though the final outcome should be confirmed on NSE and BSE.

What is the reservation split in the Rentomojo IPO?

Ans. The issue reserves around 75 percent of the net offer for qualified institutional buyers, about 15 percent for non-institutional investors, and roughly 10 percent for retail individual investors.

What does Rentomojo Limited do?

Ans. Rentomojo Limited runs a technology driven online rental and subscription platform that lets customers use furniture and home appliances on flexible plans instead of buying them outright.