Rentmojo IPO
Rentmojo IPO Details
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Open Date
TBA
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Close Date
TBA
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Listing Date
TBA
- IPO Price Range
TBA
- IPO Size
TBA
- Listing Exchange
BSE, NSE
Rentmojo IPO Timeline
Last Updated: 17 April 2026 5:20 PM by krishika_vyas
Rentomojo Limited is a Bengaluru-based, technology-driven, full-stack D2C online rental and subscription platform for home furniture and appliances in India. Founded in 2014 by Geetansh Bamania and Ajay Nain, it is recognised as the largest online rental and subscription platform in the segment by live subscribers. The company manages the entire asset lifecycle - from sourcing and maintenance to refurbishment and redeployment - and operates across 22 cities through 67 experience stores, serving over 2.27 lakh live subscribers as of September 30, 2025.
Established in: 2014
Managing Director: Geetansh Bamania
Rentmojo Objectives
1. The company proposes to raise ₹150 crore through a Fresh Issue of equity shares, constituting the Gross Proceeds of the Fresh Issue.
2. From the Gross Proceeds, offer-related expenses apportioned to the Company will be deducted, representing the Company's share of costs incurred in connection with the Offer.
3. The remainder, after deducting such apportioned offer expenses from the Gross Proceeds, shall constitute the Net Proceeds, which the Company intends to utilise towards its stated objects.
| Particulars (In ₹ Crores) | FY23 | FY24 | FY25 |
| Revenue | 120.1 | 192.7 | 266.0 |
| EBITDA | 52.9 | 78.2 | 118.4 |
| PAT | 4.4 | 22.4 | 43.1 |
| Particulars (In ₹ Crores) | FY23 | FY24 | FY25 |
| Total Assets | 179 | 366.2 | 450 |
| Share Capital | 0.023 | 0.019 | 0.019 |
| Total Liabilities | 179 | 366.2 | 450 |
| Cash Flows (₹ Crores) | FY23 | FY24 | FY25 |
| Net Cash Generated From / (used in) Operating Activities | 54 | 91.6 | 115.5 |
| Net Cash Generated From / (used in) Investing Activities | -75.5 | -184.1 | -111.3 |
| Net Cash Generated From / (used in) Financing Activities | 40.2 | 113.9 | -34.7 |
| Net Increase (Decrease) in Cash and Cash Equivalents | 18.6 | 20.6 | -30.5 |
Strengths
1. Market leader in online furniture & appliance rentals
2. Full-stack model enabling multi-cycle asset monetisation
3. Strong omni-channel presence: 67 stores, 22 cities, 7.29L products
4. High growth: revenue CAGR 48% (FY23–25), PAT up 92% YoY (FY25)
Weaknesses
1. Filed under SEBI Regulation 6(2) due to high monetary assets
2. Heavy reliance on founder Geetansh Bamania
3. Capital-intensive, asset-heavy business model
4. Ongoing legal dispute with co-founder (NCLT case)
Opportunities
1. Large, underpenetrated rental market with rising mobility trends
2. Expansion potential beyond 22 cities into Tier-2 markets
3. Cross-sell into new categories (e.g., water purifiers, electronics)
4. Strong investor interest in profitable consumer-tech IPOs
Threats
1. Rising competition from rentals, BNPL, and EMI models
Dependence on urban salaried segment (macro-sensitive)
Risks from asset damage, defaults, and depreciation
OFS overhang may pressure post-listing stock price
1. Market leadership in India’s organised furniture and appliance rental segment with a large and growing subscriber base
2. Integrated full-stack model enabling better control over sourcing, refurbishment, and multi-cycle monetisation of assets
3. Strong financial performance with rapid revenue growth and improving profitability
4. Well-positioned to benefit from rising urban mobility and increasing preference for subscription-based consumption models
Rentomojo operates in a fast-growing, underpenetrated rental segment within India’s ₹4.27 trillion furniture and appliances market, driven by urbanisation, mobility, and preference for asset-light living. The company is a market leader with ~42–47% share in the organised rental segment and over 2.27 lakh subscribers across 22 cities. Its subscription-led, full-stack model offers predictable revenues and strong asset utilisation. With IPO proceeds aimed at debt reduction and expansion, Rentomojo is well positioned to scale further amid rising demand for flexible consumption models.
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FAQs
The official opening and closing dates for the Rentmojo IPO have not been announced yet. Keep checking this page for the most up-to-date information as soon as the schedule is confirmed.
Rentmojo IPO has not officially disclosed the size of its IPO. For the latest updates on issue size and other key details, continue to track this page regularly.
The price band of Rentmojo IPO is yet to be finalised. Once the company files its RHP and receives regulatory clearance, we’ll update this page with the confirmed details.
Once the Rentmojo IPO is officially open, one can simply follow the process to apply for the IPO:
To apply for Rentmojo IPO, follow the steps given below:
● Login to your 5paisa demat account and select the issue in the current IPO section
● Enter the number of lots and the price at which you wish to apply for the Rentmojo IPO.
● Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.
You will receive a mandate notification to block funds in your UPI app.
While the official lot size and the minimum investment are yet to be declared. Stay tuned to this page for confirmation.
The allotment date has not been announced yet. We will update this section as soon as the final schedule is made available. Keep tracking this page for timely information.
The listing date for the Rentmojo IPO will be known after the issue closes and allotments are finalised. Bookmark this page to receive the latest listing updates as soon as they are published.
The lead book runner for this issue is yet to be announced. Check this page for updates as soon as merchant bankers are formally announced.
Rentmojo IPO plans to utilise the raised capital from the IPO for:
1. The company proposes to raise ₹150 crore through a Fresh Issue of equity shares, constituting the Gross Proceeds of the Fresh Issue.
2. From the Gross Proceeds, offer-related expenses apportioned to the Company will be deducted, representing the Company's share of costs incurred in connection with the Offer.
3. The remainder, after deducting such apportioned offer expenses from the Gross Proceeds, shall constitute the Net Proceeds, which the Company intends to utilise towards its stated objects.
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Krishca Strapping Solutions Limited
sme- Date Range 23 Oct- 27 Oct’23
- Price 200
- IPO Size 23