Rentomojo Sets ₹384-404 IPO Band for September Listing

Rentomojo is a company that lets people rent furniture, appliances and other household items.

It now wants to sell some of its shares to the public through an IPO.

Each share will cost between ₹384 and ₹404.

People can apply from September 9 to September 11, 2026, while large early investors can apply on September 8.

A regular investor must buy at least 37 shares.

Rentomojo plans to raise ₹150 crore by issuing new shares, while existing investors and the founder will sell some of their shares.

The company will use part of the new money to repay loans and pay fees for warehouses and stores.

Its profit and revenue increased in FY26, although its EBITDA margin became smaller.