Rentomojo IPO Day 1: Subscription Opens Today, 9 September 2026

Rentomojo Limited, a Bengaluru based direct to consumer rental platform for furniture and home appliances, has opened its IPO for subscription today, 9 September 2026. The Rentomojo IPO is a mainboard, book built issue worth Rs 1,255.67 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, and will remain open for bidding until 11 September 2026. The equity shares are proposed to be listed on both NSE and BSE.

The company lets customers rent beds, sofas, wardrobes, refrigerators, washing machines and water purifiers on flexible subscription plans rather than buying them outright, and manages the full asset lifecycle from procurement to refurbishment and redeployment. As of March 2026, Rentomojo had 253,825 live subscribers across 29 cities, and the fresh issue proceeds of the Rentomojo IPO are earmarked in part for repaying borrowings and funding warehouse and experience store leases.

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Rentomojo IPO Details

The table below sets out the key parameters of the issue, including the price band, lot size and important dates.

Open Date	9 September 2026
Close Date	11 September 2026
Face Value	Rs 1 per share
Price Band	Rs 384 to Rs 404 per share
Lot Size	37 shares
Issue Size	Rs 1,255.67 crore
Issue Type	Book Built Issue
Listing At	NSE and BSE
Allotment Date	15 September 2026
Listing Date	17 September 2026

Rentomojo IPO Quick Facts

Particulars	Snapshot
Minimum retail investment	Rs 14,948 (1 lot, 37 shares)
Maximum retail application	Rs 1,94,324 (13 lots, 481 shares)
Registrar	KFin Technologies Ltd
Lead Managers	Motilal Oswal Investment Advisors Ltd, Axis Capital Ltd, IIFL Capital Services Ltd

This snapshot is meant as a quick reference alongside the fuller details table above, so investors scanning the issue on mobile can find the essentials without scrolling through the whole page.

Rentomojo IPO Share Reservation

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, one of the lower retail allocations among mainboard issues this week. Retail bidders can apply for a minimum of 1 lot, or 37 shares, and up to 13 lots, or 481 shares.

Rentomojo IPO Subscription Status Day 1

Bidding for the issue has opened today, 9 September 2026, so the category wise numbers below will fill in as the session progresses. With QIBs holding a large 75 percent share of the issue, institutional bids typically arrive closer to the final day.

Investor Category	Subscription Status, Day 1 (9 Sep)
Qualified Institutional Buyers (QIB)	Bidding just opened, updating through the session
Non-Institutional Investors (NII)	Bidding just opened, updating through the session
Retail Individual Investors	Bidding just opened, updating through the session
Overall	Bidding just opened, updating through the session

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, which blocks the bid amount in your bank account rather than debiting it immediately.
4. Approve the UPI mandate on your phone before the daily cut off time, and remember the issue closes on 11 September.

Download the Univest iOS App or Univest Android App to apply for the issue on its opening day.

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.

About Rentomojo Limited

Rentomojo Limited operates a technology driven direct to consumer rental and subscription platform for furniture and home appliances across major Indian cities. Its portfolio spans beds, mattresses, sofas, wardrobes, washing machines, refrigerators and water purifiers, sourced from brands such as Haier, Wakefit, Livpure and Duroflex alongside private label products. The company manages the full asset lifecycle, including procurement, refurbishment, servicing and redeployment, and has grown its revenue and profit sharply over the last two fiscal years ahead of the issue.

Conclusion

The issue has opened for bidding today, 9 September 2026, backed by a growing subscriber base in the furniture and appliance rental market. Investors considering the issue should study the company financials, unit economics 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 1?

Ans. The issue opened for bidding today, 9 September 2026, so Day 1 category wise figures are still filling in through the trading session. Investors can track the live QIB, NII and retail numbers on NSE and BSE as the day progresses, and institutional bids typically arrive closer to the close given the large QIB allocation in this issue.

When does the Rentomojo IPO open and close?

Ans. The issue opened for subscription today, 9 September 2026, and will close on 11 September 2026, a standard three day bidding window for a mainboard issue.

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. Retail investors must apply for a minimum of 1 lot, taking the minimum investment to about Rs 14,948 at the upper price band, and can apply for up to 13 lots, or 481 shares, worth about Rs 1,94,324.

What is the issue size and structure of the Rentomojo IPO?

Ans. The issue is worth Rs 1,255.67 crore, comprising a fresh issue of about 37.15 lakh shares aggregating to Rs 150.10 crore and an offer for sale of about 2.74 crore shares aggregating to Rs 1,105.57 crore.

How are shares reserved across investor categories 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 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, especially this early in the bidding window.

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. Select the IPO, enter your bid quantity in multiples of 37 shares and your price within the Rs 384 to Rs 404 band, then approve the UPI mandate request on your phone 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, and the shares are tentatively scheduled to list on both NSE and BSE on 17 September 2026.

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, managing procurement, refurbishment and redeployment across its subscriber base.

Who are the registrar and lead managers for the Rentomojo IPO?

Ans. KFin Technologies Ltd is the registrar for the issue, while Motilal Oswal Investment Advisors Ltd, Axis Capital Ltd and IIFL Capital Services Ltd are the book running lead managers for the issue.