Rentomojo Limited has announced that its Initial Public Offer (IPO) will open for subscription on Wednesday, September 9, 2026, and close on Friday, September 11, 2026. The Anchor Investor bidding will take place on Tuesday, September 8, 2026.
The price band has been fixed at ₹384 to ₹404 per Equity Share, with a face value of ₹1 per share. Investors can bid for a minimum of 37 Equity Shares and in multiples thereof.
The Offer comprises a fresh issue of Equity Shares aggregating up to ₹150 crore and an Offer for Sale of up to 27,365,529 Equity Shares.
Rentomojo plans to use the net proceeds from the fresh issue towards repayment or prepayment of certain borrowings and accrued interest, payment of lease rentals or licence fees for its warehouses and experience stores, and general corporate purposes.
The Equity Shares are proposed to be listed on the stock exchanges, with NSE designated as the Designated Stock Exchange.
Motilal Oswal Investment Advisors Limited, Axis Capital Limited and IIFL Capital Services Limited are the Book Running Lead Managers to the Offer.
The IPO will be conducted through the Book Building Process in accordance with applicable SEBI regulations. Retail Individual Bidders will be eligible for not less than 35% of the Net Offer, while not less than 15% will be available for Non-Institutional Bidders.
Except Anchor Investors, all bidders will participate through the ASBA process, including UPI-based applications where applicable.
