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Rentomojo Limited

RENTOMOJOHousehold Products9 Sept 2026 – 11 Sept 2026INE08T701025

Promoter Geetansh Bamania

On listing day it
+32.2%
listing-day close vs issue price
Since then, against the issue price
+32.2%
₹534.25 on 17 Sept 2026

Against an issue price of ₹404. Split- and bonus-adjusted official closes — a past move, never a forecast.

Issue price
₹404
final issue price
Issue size
₹1,000 cr
Lot size
37 sh
₹14,948 a lot
Listed on
17 Sept 2026
NSE
Now trading as RENTOMOJO — see its filed financials and price history →
Notes

Rentomojo Limited raised ₹1,000 crore through a mainboard initial public offer.

The filing places it in Household Products and names one promoter: Geetansh Bamania.

The book was open from 9 September 2026 to 11 September 2026.

The issue was priced at ₹404 a share, from a band of ₹384 to ₹404.

As of the exchange's 11-Sep-2026 19:00:00 update the book was subscribed 72.9 times the shares on offer, counting bids on NSE and BSE together.

Against their reserved portions: qualified institutional buyers 177.29 times, non-institutional investors 67.93 times, retail investors 15.59 times and employees 21.03 times. Those portions add up to the whole offer; the sub-categories below each one are already counted inside it.

14.95 crore shares were bid at cut-off — applications that accept whatever price the issue is finally set at rather than naming one.

40 anchor investors were allotted shares before the book opened, worth ₹375 crore.

The shares listed on 17 September 2026.

The last official close on file is ₹534 (17 September 2026), which is 32.2% above the issue price.

It now trades as RENTOMOJO, and its filed financials are on its company page.

How it has done since listing
NSE close · 17 Sept 2026
Issue price
₹404
final issue price
Listing-day move
+32.2%
listing-day close vs issue price
Now vs issue price
+32.2%
17 Sept 2026
Since first close

Shares sold in the issue at ₹404 last closed at ₹534.25.

See RENTOMOJO’s filed financials and price history →

Official exchange closes, restated for splits, bonuses and rights issues since listing. A record of past price movement, not a forecast.

The offer
Regulation 6(2)
Issue price
₹404
face value ₹1
Lot size
37 sh
₹14,948 a lot
Issue size
₹1,000 cr
How it was priced
Book-built — the price was discovered inside a band from the bids received
Listing sought at
BSE And NSE
Registered office
Southern India
Company website
www.rentomojo.com
Registrar
KFin Technologies Limited
Lead managers
  • Motilal Oswal Investment Advisors Limited
  • Axis Capital Limited
  • IIFL Capital Services Limited
What happens when
3-day book
  1. Bidding opens9 Sept 2026
  2. Bidding closes11 Sept 2026
  3. Basis of allotmentnot published

    Not published in the exchange feeds we ingest — we do not estimate it.

  4. Listing17 Sept 2026
How the bidding is going
as of 11-Sep-2026 19:00:00
72.88x
NSE + BSE combined
158.68 cr bid against 2.18 cr offered
captured 12 Sept 2026, 7:00 pm IST

Investors have bid for 72.88 times the shares on offer. Each category below has its own reserved portion, and those portions add up to the whole offer.

Institutional buyers (QIB)29% of the offer reserved177.29x
1,10,02,38,438 bid · 62,05,779 offered
Non-institutional (HNI)21% of the offer reserved67.93x
31,61,47,203 bid · 46,54,335 offered
Retail50% of the offer reserved15.59x
16,93,29,945 bid · 1,08,60,114 offered
Employees0% of the offer reserved21.03x
10,95,126 bid · 52,083 offered
NSE bids only — a different figure55.18x

Bids placed on NSE alone, excluding BSE. It is smaller than the 72.88x headline above and the two must never be compared or added together.

Where in the price band the bids sit
as of 11 Sept 2026, 7:00 pm IST

Every bid names a price, or accepts whatever the final price turns out to be. This shows how many shares have been bid for at each price or above it — so the bar at the top of the band counts only the bids willing to pay it.

₹384
₹385
₹386
₹387
₹388
₹389
₹390
₹391
₹392
₹393
₹394
₹395
₹396
₹397
₹398
₹399
₹400
₹401
₹402
₹403
₹404

The columns are near-identical because they are: demand falls only 0.02% between ₹384 and ₹404, so almost every bid was willing to pay the top of the band. The axis starts at zero — the flatness is the finding, not a missing scale.

Bid at cut-off (no price named)
14.95 cr

These accept whatever price the issue is finally set at, so they have no place on the price axis and are not in the chart.

Drop from ₹384 to ₹404
0.02%

How much of the demand falls away between the bottom and the top of the band.

Cumulative shares bid at or above each price in the band, from the exchange's own demand schedule. Bids placed at cut-off carry no price and are counted separately.

Who bought before the book opened
40 investors · ₹375 cr

Anchor investors are institutions allotted shares one working day before public bidding opens, at a price fixed then. Their shares are locked in for a set period. At least 13 of them are domestic mutual funds; we could not classify 26 of the names either way.

BLACKROCK GLOBAL FUNDS - INDIA FUND₹25 cr
GOLDMAN SACHS FUNDS - GOLDMAN SACHS INDIA EQUITY PORTFOLIO₹25 cr
ICICI PRUDENTIAL QUALITY FUND₹20 cr
Mirae Asset Great Consumer Fund₹20 cr
Kotak ELSS Tax Saver Fund₹17.5 cr
BANDHAN INNOVATION FUND₹15 cr
HSBC MUTUAL FUND - CONSUMPTION FUNDmutual fund₹15 cr
HDFC STANDARD LIFE INSURANCE COMPANY LIMITED₹13 cr
ICICI PRUDENTIAL LIFE INSURANCE COMPANY LIMITED₹13 cr
ADITYA BIRLA SUN LIFE MUTUL FUND - ADITYA BIRLA SUN LIFE BAL BHAVISHYA YOJNA₹12 cr
MOTILAL OSWAL LARGE CAP FUND₹12 cr
HORNBILL ORCHID INDIA FUND₹11 cr
INVESCO INDIA FLEXI CAP FUND₹10.7 cr
ADITYA BIRLA SUNLIFE INSURANCE CO.LTD.₹10 cr
BAJAJ FINSERV CONSUMPTION FUND₹10 cr
BAJAJ LIFE INSURANCE LIMITED₹10 cr
ISIF ACTIVE ASSET ALLOCATOR LONG- SHORT FUND₹10 cr
THELEME INDIA MASTER FUND LIMITED₹10 cr
HDFC MUTUAL FUND - HDFC CONSUMPTION FUNDmutual fund₹9 cr
HDFC MUTUAL FUND - HDFC BUSINESS CYCLE FUNDmutual fund₹8 cr
HDFC MUTUAL FUND - HDFC INNOVATION FUNDmutual fund₹8 cr
PGIM INDIA TRUSTEE PRIVATE LIMITED A/C PGIM INDIA SMALL CAP FUNDmutual fund₹7.9 cr
Edelweiss Trusteeship CO LTD AC - Edelweiss MF AC -Edelweiss Business Cycle Fundmutual fund₹7.5 cr
HELIOS MID CAP FUND₹7.3 cr
KOTAK MAHINDRA TRUSTEE CO LTD A/C KOTAK TECHNOLOGY FUNDmutual fund₹7.1 cr
ADITYA BIRLA SUN LIFE MUTUL FUND - ADITYA BIRLA SUN LIFE SPECIAL OPPORTUNITIES FUND₹6 cr
HELIOS SMALL CAP FUND₹5.7 cr
KOTAK MAHINDRA TRUSTEE CO LTD A/C KOTAK SERVICES FUNDmutual fund₹5.5 cr
INVESCO INDIA CONSUMPTION FUND₹5.4 cr
EDELWEISS LIFE INSURANCE COMPANY LIMITED₹5 cr
Edelweiss Trusteeship CO LTD AC - Edelweiss MF AC Edelweiss Large Cap Fundmutual fund₹5 cr
HSBC GLOBAL INVESTMENT FUNDS - INDIAN EQUITY₹5 cr
HSBC INDIAN EQUITY MOTHER FUND₹5 cr
ITI FLEXI CAP FUND₹5 cr
MOTILAL OSWAL INFRASTRUCTURE FUND₹3 cr
Edelweiss Trusteeship CO LTD AC - Edelweiss MF AC -Edelweiss Recently Listed IPO Fundmutual fund₹2.5 cr
JM FINANCIAL MUTUAL FUND - JM MULTI ASSET ALLOCATIONmutual fund₹2.5 cr
JM FINANCIAL MUTUAL FUND AC FOCUSED FUNDmutual fund₹2.5 cr
PGIM INDIA TRUSTEE PRIVATE LIMITED A/C PGIM INDIA MULTI CAP FUNDmutual fund₹2.1 cr
ADITYA BIRLA SUN LIFE MUTUL FUND- Apex Equity Long Short Fund₹1 cr

From the issuer’s anchor allotment filing. A record of who was allotted what — not a recommendation.

When locked shares come free
computed from ICDR rules
  • Anchor investors — first tranche
    SEBI ICDR 2018 Reg. 32(5)(b) — 50% of the anchor allocation, 30 days from allotment
    17 Oct 2026
    50% of this tranche
  • Anchor investors — second tranche
    SEBI ICDR 2018 Reg. 32(5)(a) — the remaining 50% of the anchor allocation, 90 days from allotment
    16 Dec 2026
    50% of this tranche
  • All other pre-issue capital
    SEBI ICDR 2018 Reg. 17 — all other pre-issue capital, 6 months from allotment
    17 Mar 2027
    whole tranche releases on this date
  • Promoters' minimum contribution
    SEBI ICDR 2018 Reg. 16(1)(a) — promoters' minimum contribution, 18 months from allotment
    17 Mar 2028
    whole tranche releases on this date

Computed from the SEBI ICDR 2018 lock-in rules, not disclosed by the issuer or the exchange. The regulation counts from the date of allotment, which no feed we ingest publishes, so these are counted from the listing date and fall at most two to three business days later than the true expiry.

How the price was set
as printed in the prospectus

Every offer document must set out the reasoning behind its own price: what the company earned in the years before it came to market, and what multiple of those earnings it is asking for. This is that chapter — the issuer’s argument for its price, not our assessment of it.

Asking, at the top of the band
40.0x
diluted earnings · 38.0x at the floor
The issuer's chosen peers
Earnings the price leans on
Earnings per share, by year
YearBasicDilutedWeight
FY2024₹2.52₹2.451
FY2025₹4.31₹4.182
FY2026₹10.42₹10.103

Figures as printed in the offer document's "Basis for Offer Price" chapter. A record of the case the issuer made for its own price, not our valuation of it.

Restated financials

Everything we extracted from this issue's offer document is the pricing justification rather than the restated statements — it is shown under how the offer was priced. The restated financial statements themselves have not been extracted for this issue.

What the money will be used for
from the offer document

What the company says it will do with the money it raises. Only the fresh-issue portion reaches the company; anything raised through an offer for sale goes to the shareholders selling.

  • Repayment/ prepayment, in full or in part, of certain outstanding borrowings and accrued interest thereon availed by our Company consolidated basis. Our Company proposes to utilise an estimated amount of ₹700.00 million from the Net Proceeds towards repayment/ prepayment, in part or full, of all or certain borrowings availed by our Company and/or payment of the accrued interest June 30, 2026.700₹ million
  • Payment of lease rental/ license fee for our warehouses and experience stores425₹ million
  • Total

Figures as filed by the issuer in its offer document.

Peers named by the issuer

The peer table is printed in the offer document's "Basis for Offer Price" chapter; we have not extracted it for this issue yet.

Who ran this issue, and what else they have run
past issues only
Lead managers
FirmIssuesTypical listing move
Axis Capital Limited
20212026
85
18 measurable
+11.7%
IIFL Capital Services Limited
20242026
29
12 measurable
+17.3%
Motilal Oswal Investment Advisors Limited
20222026
40
8 measurable
+22.8%
Registrar
FirmIssuesTypical listing move
Kfin Technologies Limited
20212026
124
30 measurable
+7.9%

A count of what happened to the other issues each firm was named on, computed from exchange closes. Not a rating, not a ranking, and not a view on the firm.

Compiled from NSE and SEBI offer documents and exchange feeds. A description of the issue and of the bids received — not investment advice, and not a view on whether to apply. No grey-market premium, no allotment lookup and no listing-gain estimate is published here.