{"id":312507,"date":"2026-10-16T10:06:56","date_gmt":"2026-10-16T04:36:56","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=312507"},"modified":"2026-10-16T10:06:56","modified_gmt":"2026-10-16T04:36:56","slug":"rentomojo-share-price-jumps-38-percent-in-a-month-since-listing-5-key-drivers","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/rentomojo-share-price-jumps-38-percent-in-a-month-since-listing-5-key-drivers\/","title":{"rendered":"Rentomojo Share Price Jumps 38% in a Month Since IPO: 5 Key Drivers"},"content":{"rendered":"

Rentomojo shares rose more than 9% to touch Rs 557 on the NSE after its first results as a listed company, about 38% above the issue price of Rs 404 and more than 15% above the listing price of Rs 482.45. Revenue rose 51.3% to Rs 126.3 crore, but profit after tax fell 38.6% to Rs 7.8 crore after a Rs 11.3 crore exceptional loss from a warehouse fire. The five drivers in the headline are paywalled, so the ones below are my reading.<\/em><\/p>\n

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Quick Answer<\/strong><\/p>\n

Rentomojo shares touched Rs 557 on the NSE, about 38% above the issue price of Rs 404 and more than 15% above the listing price of Rs 482.45 from 17 September 2026. The rise followed its first results as a listed company, which showed revenue up 51.3% to Rs 126.3 crore and EBITDA up 54% to Rs 51.42 crore, a margin of 41%. Profit after tax fell 38.6% to Rs 7.8 crore because of an exceptional loss of Rs 11.3 crore linked to a fire at a warehouse. The headline’s five key drivers are not available to me, so I give five drivers that the data supports and mark each as my reading.<\/p>\n<\/p><\/div>\n

Rentomojo rents out furniture, appliances and other household goods and provides delivery, installation and maintenance. Its issue opened on 9 September and closed on 11 September 2026, and it listed on 17 September at Rs 482.45.<\/p>\n

This guide covers the numbers, the five drivers, the valuation questions and the risks of buying after a rise. It is educational and not a recommendation.<\/p>\n

Click Here – Get Free Investment Predictions<\/a><\/strong><\/p>\n

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