Overview
Updated 12 days agoRentomojo Limited is a technology-driven, full-stack direct-to-consumer (D2C) online rental and subscription platform for furniture and appliances in India. The company offers a flexible subscription model that allows subscribers to rent, return, upgrade, or relocate products, aiming to provide an alternative to outright ownership.
The red bar is the price band. GMP-implied price is an unofficial grey-market number, not a forecast.
How much to apply
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 37 | ₹14,948 |
| Retail (max) | 13 | 481 | ₹1,94,324 |
| sNII (min) | 14 | 518 | ₹2,09,272 |
| bNII (min) | 67 | 2,479 | ₹10,01,516 |
At the upper band. The amount is blocked in your bank account through UPI, not paid, until allotment.
Final subscription
As of 31 Oct, 16:42 ISTTimes the shares on offer were bid for, by investor category. Above 1x means the category is fully booked.
Listing performance
Latest price updated 5 hr ago.
Issue details
| Status | Listed |
| Exchange | BSE, NSE |
| Segment | Mainboard |
| Price band | ₹384–404 |
| Final issue price | ₹404.00 |
| Face value | ₹1 per share |
| Lot size | 37 shares |
| Minimum investment | ₹14,948 |
| Issue size | ₹1,256 Cr |
| Fresh issue | ₹150 Cr |
| P/E at upper band | 38.8x |
| Registrar | KFin Technologies Limited |
| Lead managers | Motilal Oswal Investment Advisors Limited, Axis Capital Limited, IIFL Capital Services Limited |
| NSE symbol | RENTOMOJO |
| ISIN | INE08T701025 |
Fresh issue vs offer for sale
Shareholder quota and promoter holding
Company & business
Rentomojo Limited, formerly known as Rentomojo Private Limited and Edunetwork Private Limited, is a technology-driven, full-stack D2C online rental and subscription platform for furniture and appliances in India. The company operates through an omni-channel mechanism, combining an online ordering platform and 82 experience stores across 17 cities as of March 31, 2026. Rentomojo offers a wide range of products, including beds, mattresses, sofas, dining sets, wardrobes, refrigerators, washing machines, and water purifiers. The company's business model is built on a subscription-based rental model, which includes auto-renewal provisions and is supported by a full-stack asset-lifecycle model that manages procurement, refurbishment, and redeployment of assets.
Objects of the issue — how the money will be used
- Repayment/ prepayment, in full or in part, of certain outstanding borrowings and accrued interest thereon availed by our Company (₹70 Cr)
- Payment of lease rental/ license fee for our warehouses and experience stores (₹42.5 Cr)
- General corporate purposes
Key strengths
- Consistently profitable D2C player since Fiscal 2023
- Leading furniture and appliance rental platform with strong organic demand
- Integrated multi-stack business model driving a self-reinforcing flywheel
- Proven track record of extended reuse during asset life cycle and consistent cohort returns
- Proprietary technology stack facilitating end-to-end operational integration
- Founder-led company supported by a professional management team and marquee shareholders
Key risks
- Concentration of revenue in key tier-1 and metropolitan markets
- Dependence on a limited number of vendors and third-party manufacturers
- Risks associated with storage, refurbishment, and movement of assets in warehouses
- Potential impact of legal and regulatory proceedings involving the Company, Promoter, and Directors
- Dependence on technology platforms and potential for cyber security breaches
- Risks related to the expansion and operation of the experience store network
- Negative retained earnings in the last three Fiscals
- Dependence on third-party transport service providers
Promoters
Geetansh Bamania
Decoded from the RHP with AI on 01-Nov-2026. Check the offer document before you apply.
Financials (restated, ₹ crore)
| Period | Revenue | Expenses | Profit after tax | Assets | Net worth | Borrowings |
|---|---|---|---|---|---|---|
| FY24 | 192.70 | -- | 22.41 | 366.20 | 139.61 | 147.22 |
| FY25 | 265.96 | -- | 43.11 | 449.87 | 183.61 | 154.58 |
| FY26 | 386.99 | -- | 104.30 | 641.12 | 295.81 | 187.59 |
Key performance indicators · FY26
Documents and resources
Offer documents and the issuer, exchange, registrar and SEBI pages for this issue.