₹70 crore toward repayment/prepayment of certain borrowings and accrued interest; approximately ₹42.5 crore toward lease rentals/licence fees for warehouses and experience stores; balance toward general corporate purposes. The company receives no proceeds from the OFS
Directory›IPO Company
IPO COMPANY✓ VerifiedFeatured
Rentomojo Limited
Listed Company • BSE & NSE
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Current price₹NANA BSE & NSE
Current PriceNALatest available
Market CapPre-listing implied valuation: ~₹4,006.2 crore at ₹404. Actual listed market capitalisation will depend on final shares outstanding and market price after listing.
P/EBased on FY2026 diluted EPS ₹10.10: 38.02x at ₹384 and 40.00x at ₹404.
EPSFY2026 Basic EPS ₹10.42; Diluted EPS ₹10.10. Weighted-average FY2024–FY2026: Basic ₹7.07; Diluted ₹6.85
ROEThe RHP uses RoNW rather than a separately labelled ROE KPI. For consistency with the prospectus, use FY2026 RoNW of 43.51% rather than inventing a separate ROE measure
Face Value₹1 per Equity Share
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COMPANY
Business overview
Technology-driven, full-stack D2C online furniture and appliance rental/subscription platform. Its model covers procurement/product design, subscription, delivery, servicing, refurbishment, reverse logistics and asset redeployment.
INDUSTRY
Operates in India's emerging home furniture & appliance rental/subscription economy, benefiting from urbanisation, workforce mobility, rental housing, digital adoption and consumer preference for flexible access rather than ownership. The RHP/Redseer material identifies Rentomojo as the largest technology-driven full-stack D2C platform among the defined leading platforms based on FY2025 subscription revenue and subscriber metrics.
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OFFER / LISTING
IPO details
IPO StatusUpcoming IPO
IPO TypeIPO / Mainboard Company
Issue SizeApprox. ₹1,255.57 crore at the upper price band — Fresh Issue up to ₹150 crore + OFS up to approx. ₹1,105.57 crore
Fresh IssueUp to ₹150 crore
Offer for Sale2,73,65,529 Equity Shares
Price Band₹384–₹404
Issue Price₹384–₹404 per equity share (Price Band). Final Offer/Issue Price not yet determined as of September 4, 2026.
Lot Size37 shares
Minimum Investment₹14,948
Open DateSeptember 9, 2026
Close DateSeptember 11, 2026
Allotment DateSeptember 15, 2026 (tentative).
Refund DateSeptember 16, 2026 (tentative)
Listing DateSeptember 17, 2026 (tentative)
ExchangeBSE & NSE
Face Value₹1 per Equity Share
RegistrarKFin Technologies
Lead ManagersMotilal Oswal Investment Advisors Limited; Axis Capital Limited; IIFL Capital Services Limited.
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FUNDAMENTALS
Financial performance
RevenueRevenue from operations: ₹386.99 crore FY2026; FY2025 ₹265.96 crore; FY2024 ₹192.70 crore. Total income FY2026: ₹394.09 crore.
EBITDA₹163.46 crore FY2026, versus ₹118.44 crore FY2025 and ₹78.15 crore FY2024. FY2026 EBITDA margin on total income: 41.48%.
PAT / Net Profit₹104.30 crore FY2026, versus ₹43.11 crore FY2025 and ₹22.41 crore FY2024. FY2026 PAT margin: 26.95% of revenue from operations.
EPSFY2026 Basic EPS ₹10.42; Diluted EPS ₹10.10. Weighted-average FY2024–FY2026: Basic ₹7.07; Diluted ₹6.85
Net Worth₹295.81 crore as of March 31, 2026 (₹2,958.07 million total equity).
Total Assets₹641.12 crore as of March 31, 2026 (₹6,411.20 million).
Total Debt₹187.59 crore borrowings as of March 31, 2026: ₹109.79 crore non-current + ₹77.80 crore current. This excludes lease liabilities. Including disclosed lease liabilities of ₹45.54 crore, borrowings + lease liabilities are approximately ₹233.13 crore.
ROEThe RHP uses RoNW rather than a separately labelled ROE KPI. For consistency with the prospectus, use FY2026 RoNW of 43.51% rather than inventing a separate ROE measure
RONW43.51% FY2026, 26.67% FY2025, 27.70% FY2024. Three-year weighted-average RoNW: 35.26%
P/E at Issue PriceBased on FY2026 diluted EPS ₹10.10: 38.02x at ₹384 and 40.00x at ₹404.
Valuation / Market CapApproximately ₹4,006.2 crore at the ₹404 upper price band, according to current IPO reporting
Financial PeriodFY ended March 31, 2026 (FY2026) — latest full-year financial period in RHP.
Financial figures are displayed as provided in the profile data and should be read with the stated reporting period and source documents.
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INTELLIGENCE
Business & investment view
Market leadership; recurring subscription model; proprietary subscription/ticketing technology; integrated asset lifecycle; high asset utilisation; established brand; large subscriber base; refurbishment/redeployment capability; founder-led professional management; marquee institutional shareholders.
Expand subscriber base and penetration in existing/new cities; increase product/category offerings; grow private-label products; strengthen technology and automation; improve asset utilisation and lifecycle economics; expand experience-store footprint; drive organic/digital customer acquisition and operating efficiencies.
Asset-intensive model; significant capital requirements; dependence on subscriber growth and retention; payment defaults/cancellations; product damage/loss; competition from outright purchase, resale and rental platforms; logistics/warehouse risks; cybersecurity/data risks; brand/reputation risk; dependence on technology; lease dependence; regulatory risks. The RHP specifically notes negative publicity connected with the April 2023 data breach and June 2026 Noida warehouse fire.
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IPO ALLOCATION
Anchor investors
NA
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NEWS & MEDIA
Latest coverage
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DOCUMENTS