Archive · 4 Sep 2026
Rentomojo Sets ₹384-404 Band for ₹1,256-Crore IPO
Rentomojo is a company that lets people rent furniture, appliances and other household items.
It plans to sell 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.
Large investors can place bids one day earlier, on September 8.
A regular investor must buy at least 37 shares, costing ₹14,948 at the highest price.
The company will raise ₹150 crore by issuing new shares.
Existing investors and founder Geetansh Bamania will sell additional shares.
The new money will help repay debt and pay fees for warehouses and experience stores.
Rentomojo’s profit and revenue grew in FY26, but its EBITDA margin became smaller.
Rentomojo has fixed its IPO price band at ₹384-404 per share, with public bidding scheduled for September 9-11, 2026.
The anchor investor portion will open on September 8, and shares are proposed to list on the BSE and NSE on September 17.
The issue includes a fresh issue of ₹150 crore and an offer for sale valued at about ₹1,106 crore.
Retail investors must bid for at least 37 shares, requiring ₹14,948 at the upper price band.
Rentomojo reported FY26 profit of ₹104 crore, revenue of ₹387 crore and EBITDA of ₹163.5 crore, although its EBITDA margin declined.
- Who
- Rentomojo, its founder Geetansh Bamania and existing shareholders selling shares in the IPO.
- What
- Rentomojo has announced the price band, structure and schedule for its initial public offering.
- When
- Anchor bidding is scheduled for September 8, 2026; public bidding runs from September 9 to September 11; listing is proposed for September 17, 2026.
- Where
- Rentomojo operates across Indian cities, and its shares are proposed to list on the BSE and NSE.
- Why
- The fresh-issue proceeds will be used for debt repayment, warehouse and experience-store lease or licence payments, and general corporate purposes.
- IPO size
- About ₹1,256 crore, reported as ₹1,255.57 crore in one article
- Price band
- ₹384-404 per equity share
- Subscription dates
- September 9-11, 2026; anchor bidding on September 8
- Retail lot
- 37 shares, requiring ₹14,948 at ₹404 per share
- Issue structure
- ₹150 crore fresh issue plus an offer for sale of approximately ₹1,106 crore
- Proposed listing
- BSE and NSE on September 17, 2026
- FY26 results
- ₹104 crore profit, ₹387 crore revenue and ₹163.5 crore EBITDA
Sources
Rentomojo IPO Set To Hit Dalal Street With ₹1,256-Crore Issue, Price Band Fixed At ₹384-404 Per Share
Rentomojo IPO price band set at ₹384-404; issue to open on September 9
Rentomojo sets price band at Rs 384-404 for Rs 1,256-cr IPO
