Rentomojo Limited IPO
Offer terms, application timeline, financial context and company details in one place.
Issue at a glance
- Issue size
- ₹0.06 crore
- Face value
- ₹1
- Issue method
- 100% Book Building
- Fresh issue
- ₹0.06 crore
- Symbol
- RENTOMOJO
- ISIN
- INE08T701025
Subscription
55.18×overall subscribed
| Investor category | Applications | Shares bid | Subscribed |
|---|---|---|---|
| Qualified Institutional Buyers(QIBs) | — | 82,91,38,032 | 133.61× |
| Foreign Institutional Investors(FIIs) | — | 14,41,19,255 | — |
| Domestic Financial Institutions(Banks/ Financial Institutions(FIs)/ Insurance Companies) | — | 49,03,77,798 | — |
| Mutual funds | — | 2,24,33,618 | — |
| Others | — | 17,22,07,361 | — |
| Non Institutional Investors | — | 26,59,52,781 | 57.14× |
| Non Institutional Investors(Bid amount of more than Ten Lakh Rupees) | — | 19,93,36,908 | 64.24× |
| Corporates | — | 17,95,129 | — |
| Individuals(Other than RIIs) | — | 18,95,71,683 | — |
| Others | — | 79,70,096 | — |
| Non Institutional Investors(Bid amount of more than Two Lakh Rupees upto Ten Lakh Rupees) | — | 6,66,15,873 | 42.94× |
| Corporates | — | 2,86,528 | — |
| Individuals(Other than RIIs) | — | 6,37,06,674 | — |
| Others | — | 26,22,671 | — |
| Retail Individual Investors(RIIs) | — | 10,54,91,847 | 9.71× |
| Cut Off | — | 9,04,03,469 | — |
| Price bids | — | 1,50,88,378 | — |
| Employees | — | 8,28,837 | 15.91× |
| Cut Off | — | 6,95,822 | — |
| Price Bids | — | 1,33,015 | — |
| Total | — | 1.2 | 55.18× |
About the company
Incorporated in April 2012, Rentomojo Limited is a technology-driven, full-stack direct-to-consumer (D2C) online rental and subscription platform for furniture and appliances in India.The Company provides consumers with affordable, flexible and long-term subscription plans for home furniture and appliances, enabling them to rent, return, upgrade and relocate products without the need for large upfront purchases or long-term ownership commitments. Its product portfolio includes essential home products such as beds, mattresses, washing machines, refrigerators, wardrobes, sofas, televisions and water purifiers, comprising 851,184 live items as of March 31, 2026. Rentomojo operates through an integrated asset-lifecycle model covering category management, product design, procurement, refurbishment, servicing, reverse logistics and multi-cycle redeployment.
Financial snapshot
| Particulars | FY25 | FY26 |
|---|---|---|
| Revenue | ₹265.96 cr | ₹386.98 cr (45.50%) |
| PAT | ₹43.11 cr | ₹104.30 cr (141.94%) |
| PAT Margin | 16.21 % | 26.95 % (66.26%) |
| EBITDA | ₹118.44 cr | ₹163.46 cr (38.01%) |
| EBITDA Margin | 44.53 % | 42.24 % (-5.14%) |
| ROE | 23.48 % | 35.26 % (50.17%) |
| ROCE | 25.14 % | 25.34 % (0.80%) |
| D/E | 0.84 | 0.63 (-25.00%) |
What to consider
Business strengths
- Consistently Profitable D2C BusinessRentomojo has been consistently profitable since Fiscal 2023, supported by predictable recurring revenues, acyclical performance, and high return on capital employed.
- Leading Furniture and Appliance Rental PlatformThe company is the largest online rental platform in its category based on live subscribers and subscription revenue in Fiscal 2025, according to the Redseer Report.
- Integrated Asset Lifecycle ModelIts integrated business model combines e-commerce, subscription, and re-commerce capabilities across procurement, refurbishment, servicing, logistics, and asset redeployment. This creates a self-reinforcing business model focused on asset utilisation and efficiency.
Key risks
- Procurement and Supply RiskThe company depends on vendors and third-party manufacturers for procurement and manufacturing of products. Unfavourable supply terms, manufacturing disruptions, quality issues, higher supply costs, raw material price increases, or delays in supply could adversely affect its business and reputation.
- Subscriber Retention and Growth RiskThe growth of the business depends on its ability to increase subscribers and deliver a high level of customer experience. Failure to retain existing subscribers or attract new subscribers could adversely affect its business, financial condition, and cash flows.
- Technology Platform RiskThe company relies on its technology platforms for the availability and delivery of its services. Any technology failure or interruption in platform availability could adversely affect its business and reputation.