Rentomojo IPO Day 3: Subscription Closes Today, 11 September 2026
- September 11, 2026
- Posted by: Harsh Piplani
- Category: IPO
Rentomojo IPO closes today, 11 Sep 2026. Subscribed 3.50x through Day 2 (2:41 PM): NII 8.07x, Retail 3.30x, QIB 0.43x. Price band Rs 384-404.
Quick Answer
The Rentomojo IPO is on its final day of bidding on 11 September 2026, with the subscription window closing today. The issue has climbed from 1.42 times at the Day 1 close to around 3.50 times through Day 2, with non-institutional investors leading at 8.07 times and retail investors at 3.30 times, while qualified institutional buyers lagged at 0.43 times. With bidding open until the end of today’s session, and QIBs typically bidding heavily in the closing hours, the final Rentomojo IPO subscription figure could move meaningfully higher before the day ends.
Rentomojo Limited, a Bengaluru based online rental platform for furniture and appliances, has reached the final day of its IPO subscription window today, 11 September 2026. The Rentomojo IPO opened on 9 September and is a mainboard, book built issue worth about Rs 1,255.57 crore, comprising a fresh issue of Rs 150 crore and an offer for sale of Rs 1,105.57 crore. The shares are proposed to list on both NSE and BSE.
Demand for the issue has built steadily through the bidding window. The issue closed Day 1 subscribed 1.42 times overall, with NII at 2.46 times and retail at 1.72 times, before climbing further through Day 2 to around 3.50 times, with NII surging to 8.07 times. The QIB category, which holds roughly 20 percent of the offer given the large 88 percent offer-for-sale component, has remained the laggard so far, and its behaviour in the final hours will be decisive for the closing figure.
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Rentomojo IPO Details
The table below sets out the key parameters of the issue.
| Open Date | 9 September 2026 |
| Close Date | 11 September 2026 |
| Price Band | Rs 384 to Rs 404 per share |
| Lot Size | 37 shares |
| Issue Size | Rs 1,255.57 crore |
| Issue Type | Book Built Issue |
| Listing At | NSE and BSE |
| Allotment Date | 15 September 2026 |
| Listing Date | 17 September 2026 |
Rentomojo IPO Subscription Status Day 3
The table below tracks how the issue has moved through its bidding window, from the Day 1 close through to the closing day itself.
| Session | Overall | NII | Retail | QIB |
|---|---|---|---|---|
| Day 1 close (9 Sep, 5:06 PM) | 1.42x | 2.46x | 1.72x | Negligible |
| Day 2 (10 Sep, 2:41 PM) | 3.50x | 8.07x | 3.30x | 0.43x |
| Day 3, closing day so far (11 Sep) | Updating through the session | |||
Non-institutional investors have driven the demand for the issue throughout the bidding window, with retail also comfortably past full subscription, while the QIB book still had room to grow as of the Day 2 reading. With bidding open until the end of today’s session, the final subscription numbers for the issue should be confirmed on the NSE and BSE websites once the window shuts.
Track Subscription Status for the issue on the Univest Screener
How to Apply for the Rentomojo IPO
- Open a Demat and trading account with a SEBI-registered broker such as Univest if you do not already have one.
- 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.
- Submit the application through the UPI-based ASBA method so the bid amount is blocked rather than debited immediately.
- Approve the UPI mandate on your phone well before the cut off today, since the issue closes for good after this session.
Download the Univest iOS App or Univest Android App to apply for the issue before it closes today.
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 closed out its bidding window with strong retail and NII demand, running at 3.50 times overall through Day 2, while the QIB book still has room to add before the deadline today. 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 before the window shuts today.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
FAQs
What is the Rentomojo IPO subscription status on Day 3?
Ans. On the closing day, 11 September 2026, the issue carries forward a Day 2 reading of around 3.50 times overall, with NII at 8.07 times, retail at 3.30 times, and QIB at 0.43 times, and figures are updating through today’s final session.
When does the Rentomojo IPO close?
Ans. The issue closes for subscription today, 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 investment to about Rs 14,948 at the upper price band.
Which category led the Rentomojo IPO subscription?
Ans. Non-institutional investors led the issue throughout its bidding window, reaching 8.07 times by Day 2, well ahead of retail at 3.30 times, while QIB remained the laggard at 0.43 times at that stage.
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 before it closes?
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 today’s 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.
Why has QIB demand lagged in the Rentomojo IPO?
Ans. The QIB portion of the issue stood at only 0.43 times through Day 2, notably behind retail and NII, which is not unusual since qualified institutional buyers often place the bulk of their bids in the closing hours of a book built mainboard issue.
What is the issue structure of the Rentomojo IPO?
Ans. The issue is worth Rs 1,255.57 crore, comprising a fresh issue of about 37.15 lakh shares worth Rs 150.10 crore and an offer for sale of about 2.74 crore shares worth Rs 1,105.57 crore, making the offer roughly 88 percent an exit for existing shareholders.
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.
