Rentomojo
Rentomojo operates a technology‑driven, direct‑to‑consumer online rental and subscription platform for furniture and home appliances.
“Rentomojo: momentum beats fundamentals — a trader's IPO, not an investor's.”
- ▸Decent demand 3.37x
- ▸QIB <1x — institutions unimpressed
- ▸GMP +19.6% supports listing pop
- ▸Mostly OFS — promoters cashing out
- ▸18% growth — healthy
- ▸16% PAT margin — pricing power
- ▸Profit not converting to cash — biggest red flag
- ▸2 forensic red flags in DRHP footnotes
- ⚠ This being the first public issue of Equity Shares of our Company, there has been no formal market for the Equity Shares. The face value of each Equity Share is ₹1. The Floor Price and Cap Price determined by our Company
- ⚠ Investments in equity and equity-related securities involve a degree of risk and Bidders should not invest any funds in the Offer unless they can afford to take the risk of losing their investment. Bidders are advised to
Educational only. Not investment advice. GMP is unofficial chatter, never a promise.
Demand — who is actually bidding?
Live from NSE's official bid feed. QIB is smart money — if QIB sleeps past Day 2, listing pop usually dies.
Unofficial chatter, tracked daily — direction signal, never a promise.
Issue structure — where does money go?
- ▸Offer for sale of up to ₹1,105.6 crore (27,365,529 shares) and a fresh issue of ₹150.0 crore.
- Promoter 21.72% → 20.94% after IPO
Deep financials — does profit become cash?
| FY | REVENUE | PAT | MARGIN | ROE | ROCE | D/E | CFO |
|---|---|---|---|---|---|---|---|
| FY24 | ₹195.8 Cr | ₹22.41 Cr | 11.4% | — | — | — | ₹91.6 Cr |
| FY26 | ₹394.09 Cr | ₹104.3 Cr | 26.5% | — | — | — | ₹0 Cr |
| FY25 | ₹271.96 Cr | ₹43.11 Cr | 15.9% | — | — | — | ₹0 Cr |
Valuation vs listed peers
Peer set is being compiled from analyst coverage — typically lands a day after the price band. Check back or tap Re-run AI above.
Risk dossier
- 01This being the first public issue of Equity Shares of our Company, there has been no formal market for the Equity Shares. The face value of each Equity Share is ₹1. The Floor Price and Cap Price determined by our Company
- 02Investments in equity and equity-related securities involve a degree of risk and Bidders should not invest any funds in the Offer unless they can afford to take the risk of losing their investment. Bidders are advised to
Street tape
Documents & filings
Primary sources — the same PDFs our dossier numbers come from.
Questions investors ask about Rentomojo
Should I apply for the Rentomojo IPO for listing gains?
Only if Day-2 QIB crosses 5x — otherwise the listing setup is weak.
Is Rentomojo good for the long term?
Not yet — wait for cheaper re-entry or cleaner quarters.
What is the Rentomojo IPO price band and lot size?
₹384–₹404, lot of 37 shares (min ₹14,948). Open 9 Sept 2026 to 11 Sept 2026.
How do I check Rentomojo IPO allotment status?
On the Motilal Oswal Investment Advisors Limited portal: select Rentomojo, enter PAN, application number, or DP/Client ID, solve the captcha. Results go live 6–10 PM on allotment evening (issue closed 11 Sept 2026). BSE's application-status page works as fallback.
When is the Rentomojo listing date?
Tentatively 16 Sept 2026 (T+3 after close).
Who should apply?
- • Listing trader → no, setup is weak
- • Long-term holder → wait for cheaper re-entry
- • First-time investor → learn by watching, not betting
Listing-day playbook
- • Opens +40%↑ → book half, keep rest at cost stop
- • Opens flat ±5% → hold only if long-term score ≥7
- • Opens discount → never average down Day 1