Rentomojo
17 Sep '26MAINBOARD
Min. Investment
₹14,208
Issue size
₹1255.57 Cr
GMP
Locked
Current subscription status: --
Expert verdict
IPO dates
09 Sep
Opening
11 Sep
Closing
17 Sep
Listing
IPO quota
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 37 | ₹14,948 |
| HNI (Min) | 14 | 518 | ₹2,09,272 |
Subscription (as on 09 September 2026, 05:19 AM)
Overall-
Qualified institutional buyers
Non-Institutional Buyers
Retail Investors
Employee
About company
Founded: 2012|MD: Mr Geetansh Bamania
- Rentomojo Limited (formerly Edunetwork Private Limited) is the largest technology-enabled, full-stack online rental and subscription platform for home furniture and appliances in India, commanding an estimated 42–47% market share in the organized segment as of FY25. Founded in 2014, the Bengaluru-based company operates an omni-channel model with over 2.27 lakh live subscribers across 22 cities, supported by 21 warehouses and 67 experience stores. The company has demonstrated a strong shift toward profitability, reporting Revenue from Operations of ₹265.96 crore and a Profit After Tax (PAT) of ₹43.11 crore for FY25, which further accelerated in the first half of FY26 (H1 FY26) to a profit of ₹61.38 crore. The proposed IPO includes a fresh issue of ₹150 crore and an Offer for Sale (OFS) of 2.84 crore shares, primarily aimed at de-leveraging the balance sheet through the repayment of ₹70 crore in borrowings and funding operational expansions, such as warehouse lease payments and experience store rollouts.
Issue Details & Objective
Lot size
37 Shares
Price band
₹384 to 404
Face value
₹1 per share
Financials
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Our SEBI-registered investment advisors give out verdicts for each IPO. You can refer to their expert verdict at the top of this page. Please note that these verdicts are for informational purposes only and should not be construed as investment advice. Markets are subject to risk, and investors should exercise their own discretion and diligence.
The issue size of Rentomojo IPO is ₹1255.57 Cr
The Rentomojo IPO will be open for applications from 09 Sep '26 to 11 Sep '26
The lot size of Rentomojo IPO is 37 Shares and its minimum investment amount is ₹14,208.
