Rentomojo IPO

This issue combines a fresh issue and an offer for sale. The amounts for each part are not available in our data; see the offer document for the split.

Lot size and investment

Reservation

QIB

Not more than 50% of the Net Offer

Retail

Not less than 35% of the Net Offer

NII

Not less than 15% of the Net Offer

Current GMP

₹86

▲+21.29%

Estimated listing price

₹490

Issue price ₹404

Highest

₹160

12 Sep

Lowest

₹79

4 Sep

GMP by day (₹ per share)

GMP is an unofficial indicator from an unregulated market. It is shown for information only and is not a prediction of the listing price or a recommendation to apply.

P/E Ratio

40.73

EPS (₹)

9.92

RoE

43.51%

RoCE

25.34%

RoNW

43.51%

PAT Margin

26.95%

EBITDA Margin

41.48%

Debt / Equity

0.63

NAV (₹)

28.65

Separate pre- and post-issue P/E are not available for this IPO; the P/E shown is as disclosed for the issue.

Peers are other recent IPOs from the same industry, closest in issue size. Ratios are as disclosed at the time of each issue. This is not the listed-peer table from the offer document.

Rentomojo Limited was started in April 2012. It runs an online platform where people rent home furniture and appliances on a monthly subscription instead of buying them. The customer can rent, return, upgrade or shift the product to a new city without paying a large amount upfront or being stuck with ownership. Its range covers everyday home items such as beds, mattresses, washing machines, refrigerators, wardrobes, sofas, televisions and water purifiers. As on 31 March 2026 it had 851,184 items live with customers. The company handles the whole life of the asset itself, covering what to stock, product design, buying, refurbishing, servicing, taking the item back and putting it out again to the next customer. Because one item can be rented out over several cycles, this model decides how well the money invested in assets is recovered. It sells both online and through 82 experience stores across India. As on 31 March 2026 it had 253,825 live subscribers across 29 cities and ran 20 warehouses covering 538,933 square feet. In FY2026 its average delivery time was 2.35 days and its occupancy rate was 83.34%.

Objects of the issue

1. Repayment/ prepayment, in full or in part, of certain outstanding borrowings and accrued interest thereon availed by our Company₹70 Cr
2. Payment of lease rental/ license fee for our warehouses and experience stores₹42.5 Cr
3. General corporate purposes

Promoters and shareholding

Promoter holding, pre-issue

21.49%

Promoter holding, post-issue

19.94%