India’s rental economy is getting a new listed player.<\/p>\n
Rentomojo, the Bengaluru-based furniture, appliance and electronics rental platform, has opened its IPO today, 9 September 2026.<\/p>\n
The company is entering the market with strong revenue growth, sharply improving profitability and a business model built around the growing trend of renting instead of owning.<\/p>\n
——>What Does Rentomojo Actually Do?<\/p>\n
Rentomojo allows customers to rent products instead of purchasing them outright.<\/p>\n
Its platform offers:<\/p>\n
\u2022 Furniture
\n\u2022 Appliances
\n\u2022 Electronics
\n\u2022 Home & lifestyle products<\/p>\n
Customers can rent products for the long term, upgrade them, return them or relocate them when required.<\/p>\n
The model is particularly attractive for:
\n\u2022 Young professionals
\n\u2022 Millennials & Gen Z
\n\u2022 People relocating between cities
\n\u2022 Students
\n\u2022 Tenants
\n\u2022 Customers who prefer flexibility over ownership
\nFurniture remains the company’s largest revenue category, contributing roughly half of its revenue.<\/p>\n
##Rentomojo IPO \u2014 Key Details<\/p>\n
IPO Size: \u20b91,255.57 crore<\/p>\n
Price Band: \u20b9384\u2013\u20b9404\/share<\/p>\n
IPO Opens: 9 September 2026<\/p>\n
IPO Closes: 11 September 2026<\/p>\n
Lot Size: 37 shares<\/p>\n
Minimum Investment: \u20b914,948<\/p>\n
Expected Listing: 17 September 2026
\nListing: NSE & BSE<\/p>\n
The IPO consists of:
\nFresh Issue
\n\u20b9150 crore<\/p>\n
Offer for Sale
\n\u20b91,105.57 crore<\/p>\n
That means nearly 88% of the IPO is an OFS, where existing shareholders are selling their shares.<\/p>\n
$$IPO Scorecard<\/p>\n
Growth: \u2b50\u2b50\u2b50\u2b50\u2b50
\nProfitability: \u2b50\u2b50\u2b50\u2b50
\nBusiness Model: \u2b50\u2b50\u2b50\u2b50
\nIndustry Opportunity: \u2b50\u2b50\u2b50\u2b50
\nValuation: \u2b50\u2b50\u2b50
\nIPO Structure: \u2b50\u2b50\u2b50<\/p>\n
Risk: Medium\u2013High<\/p>\n
——>Financial Performance Is the Big Positive<\/p>\n
Rentomojo’s growth has accelerated sharply.<\/p>\n
Revenue<\/p>\n
FY24: \u20b9192.70 crore<\/p>\n
FY25: \u20b9265.96 crore<\/p>\n
FY26: \u20b9386.98 crore<\/p>\n
Revenue increased approximately 45% YoY in FY26.<\/p>\n
Profit After Tax<\/p>\n
FY24: \u20b922.41 crore<\/p>\n
FY25: \u20b943.11 crore<\/p>\n
FY26: \u20b9104.30 crore<\/p>\n
That’s approximately 142% YoY profit growth in FY26.<\/p>\n
@@KEY RISK
\nAt around \u20b94,246 crore valuation and ~39X FY26 earnings, the IPO is not cheap.<\/p>\n","protected":false},"template":"","article-category":[898,35],"article-tags":[],"class_list":["post-312746","article","type-article","status-publish","hentry","article-category-indicators","article-category-learn"],"acf":[],"_links":{"self":[{"href":"https:\/\/signalz.pro\/api\/wp\/v2\/article\/312746","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/signalz.pro\/api\/wp\/v2\/article"}],"about":[{"href":"https:\/\/signalz.pro\/api\/wp\/v2\/types\/article"}],"wp:attachment":[{"href":"https:\/\/signalz.pro\/api\/wp\/v2\/media?parent=312746"}],"wp:term":[{"taxonomy":"article-category","embeddable":true,"href":"https:\/\/signalz.pro\/api\/wp\/v2\/article-category?post=312746"},{"taxonomy":"article-tags","embeddable":true,"href":"https:\/\/signalz.pro\/api\/wp\/v2\/article-tags?post=312746"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}