Rentomojo IPO
Issue details, the company's financials from its prospectus, subscription and listing performance, explained in plain English. Data from NSE and the Red Herring Prospectus.
About the issue
Rentomojo Limited was open for subscription from 9 Sep 2026 to 11 Sep 2026 on the main board of NSE, in the diversified commercial services industry as classified by NSE. The issue size is ₹1,256 cr: ₹150.0 cr of new shares (fresh issue) and ₹1,106 cr of existing shares sold by current shareholders (offer for sale). One lot of 37 shares costs ₹14,948 at the upper end of the price band.
What the numbers show
- Revenue from operations grew from ₹192.7 cr in FY24 to ₹387.0 cr in FY26, about 42% a year.
- Profit after tax rose from ₹22.41 cr to ₹104.3 cr, and the profit margin improved from 11.6% to 27.0%.
- Total borrowings rose from ₹147.2 cr to ₹187.6 cr, a debt-to-equity ratio of 0.63 at the end of FY26.
- Return on net worth improved from 27.7% to 43.5%.
- 88% of the issue is an offer for sale (₹1,106 cr), which goes to the selling shareholders; the remaining ₹150.0 cr is new money for the company.
- The issue was subscribed 72.88× overall (QIBs 177×, non-institutional investors 67.93×, retail investors 15.59×).
- It listed on 17 Sep 2026 at ₹482.45, 19.4% above the issue price of ₹404, and closed its first day at ₹534.25.
These points are calculated from the prospectus and NSE data. They describe the company; they are not a recommendation to apply or not.
Financial performance
| ₹ crore unless stated | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue from operations | 192.7 | 266.0 | 387.0 |
| Total income | 195.8 | 272.0 | 394.1 |
| EBITDA | 78.15 | 118.4 | 163.5 |
| Profit after tax | 22.41 | 43.11 | 104.3 |
| Profit margin | 11.6% | 16.2% | 27.0% |
| Net worth | 139.6 | 183.6 | 295.8 |
| Total borrowings | 147.2 | 154.6 | 187.6 |
| Debt to equity | 1.05 | 0.84 | 0.63 |
| EPS (diluted) | ₹2.45 | ₹4.18 | ₹10.10 |
| Return on net worth | 27.7% | 26.7% | 43.5% |
| NAV per share | ₹15.24 | ₹17.81 | ₹28.65 |
Subscription
| Investor category | Shares offered | Shares bid for | Subscribed |
|---|---|---|---|
| Qualified Institutional Buyers(QIBs) | 62,05,779 | 1,10,02,38,438 | 177× |
| Non Institutional Investors | 46,54,335 | 31,61,47,203 | 67.93× |
| Non Institutional Investors(Bid amount of more than Ten Lakh Rupees) | 31,02,890 | 22,70,15,424 | 73.16× |
| Non Institutional Investors(Bid amount of more than Two Lakh Rupees upto Ten Lakh Rupees) | 15,51,445 | 8,91,31,779 | 57.45× |
| Retail Individual Investors(RIIs) | 1,08,60,114 | 16,93,29,945 | 15.59× |
| Employees | 52,083 | 10,95,126 | 21.03× |
| Total | 2,17,72,311 | 1,58,68,10,712 | 72.88× |
Listing and performance
| Price | Change from issue price | |
|---|---|---|
| Issue price | ₹404 | – |
| Listing day open (17 Sep 2026) | ₹482.45 | +19.4% |
| Listing day high / low | ₹546.80 / ₹482.45 | – |
| Listing day close | ₹534.25 | +32.2% |
| Latest close (8 Oct 2026) | ₹600.45 | +48.6% |
| NIFTY 50 since listing day | −4.5% |
Frequently asked questions
What is the price band of the Rentomojo IPO?
The price band is ₹384–404 per share, for shares with a face value of ₹1. The final issue price was ₹404.
What is the lot size and minimum investment?
Bids are made in lots of 37 shares, so one lot costs ₹14,948 at the upper end of the price band.
When does the Rentomojo IPO open and close?
Bidding opened on 9 Sep 2026 and closed on 11 Sep 2026. The shares listed on NSE on 17 Sep 2026.
How many times was the Rentomojo IPO subscribed?
It was subscribed 72.88× overall, according to NSE bid data.
Where can I check the allotment status?
The registrar to the issue is KFin Technologies Limited. Allotment status can be checked on the registrar's website with your PAN or application number, and on the NSE and BSE websites, usually a day or two after the issue closes.
What was the listing gain of the Rentomojo IPO?
It opened at ₹482.45 on 17 Sep 2026, 19.4% above the issue price of ₹404.
Is this a recommendation to apply?
No. This page summarises public information so you can read the prospectus with the key numbers in mind. Whether to apply depends on your own goals and risk tolerance; consider speaking to a SEBI-registered investment adviser.
Data: NSE (issue details, bids, prices) and the company's Red Herring Prospectus filed with SEBI. Figures are reproduced and converted with care but may contain errors; check the prospectus before making any decision. This page is for information and education only. It is not a recommendation to apply for, buy or sell any security. See our disclaimer.