Rentomojo Limited, a technology-driven, full-stack D2C online rental and subscription platform in India, plans to raise ₹1,256 crore through an IPO.
[Fresh Issue ₹150 Cr + OFS ₹1,106 Cr]
Rentomojo ipo price: ₹384–₹404 per share
Rentomojo: History
The Company was originally incorporated as Edunetwork Private Limited, a private limited company under the Companies Act, 1956, on April 16, 2012.
The Company was then converted into a public limited company on January 13, 2026, under a special resolution passed by the shareholders.
It subsequently changed its name to Rentomojo Limited, and the RoC issued a fresh certificate of incorporation on February 3, 2026.
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Rentomojo: Business
Rentomojo Ltd operates a technology-driven, full-stack direct-to-consumer (D2C) online rental and subscription platform for furniture and appliances in India.
The company enables consumers to access essential home products, including
Beds,
Mattresses,
Refrigerators,
Sofas,
Televisions,
Wardrobes,
Washing machines, and
Water purifiers.
The Company’s platform operates through an omni-channel model, combining an online ordering platform with 67 experience stores, enabling consumers to access high-quality appliances on a flexible subscription plan.
The furniture and appliances that Rentomojo offers have a diverse mix of brands including Haier, Livpure, Wakefit, and Duroflex (as well as its own private-label brands).
As of September 30, 2025, the company had 227,511 live subscribers spread across 22 cities in India, enabling subscribers to access home essentials through affordable, long-term, and flexible subscription plans.
The Company has a comprehensive portfolio of 728,773 live items (Products) across furniture and appliances, as of September 30, 2025.
Company Promoter
- Geetansh Bamania
Refer to Rentomojo DRHP for more information.
IPO Detail
ipo date: 9 Sept – 11 Sept 2026
Minimum Amount: ₹14,948
Minimum Bid: 37 Shares
Face Value: INR 1 per share
Listing On: NSE, BSE
Financial
Book Running Lead Managers
Motilal Oswal Investment Advisors,
Axis Capital,
IIFL Capital Services
CONCLUSION
Considering financial performance and the nature of the business, FinBlab recommends ‘ MAY SUBSCRIBE‘ ratings for the Rentomojo IPO.
Do come back to learn more about “upcoming IPOs”.
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