Rentomojo IPO Details & GMP

Upcoming
GMP Today₹79
Price Band404
Lot Size37
GMP %19.55%

About Rentomojo

Company & Financial Highlights

Business Model: Rentomojo is a direct-to-consumer platform offering rental and subscription plans for home furniture and appliances across 29 cities in India, catering to over 2.54 lakh live subscribers.

Revenue Growth: Operating revenue jumped 45.5% to ₹387 crore in FY26, up from ₹266 crore in FY25.

Profitability: The company recorded a profit after tax (PAT) of ₹104.2 crore for the fiscal year ending March 2026, marking a 142% increase from ₹43.1 crore the previous year.

Valuation: At the upper price band, Rentomojo seeks a market capitalization between ₹4,000 crore and ₹4,246 crore, translating to a P/E ratio of approximately 40 times its FY26 diluted earnings per share.

Proceeds Utilization

₹70 crore will be deployed to repay or prepay outstanding borrowings and accrued interest.

₹42.5 crore is allocated for lease rentals and license fees for the company\\\’s 20 warehouses and 82 experience stores.

Remaining net proceeds will fund general corporate purposes.

Live IPO GMP Today (2026) | Mainboard & SME IPO Allotment – InvestorGain.in

 

Key Dates

Open Date2026-09-09
Close Date2026-09-11
Listing Date2026-09-17
Boarding Date2026-09-15
IPO TypeMainboard
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