Rentomojo Sets Rs.384-404 Price Band for Rs.1,256 cr. IPO Opening September 9

Online furniture and appliance rental platform Rentomojo has fixed a price band of Rs.384-404 per share for its proposed IPO.

The approximately Rs.1,255.57 cr. public issue is scheduled to open for subscription on 9 September 2026 and close on 11 September 2026.

Rentomojo operates a subscription-based model that allows customers to rent furniture, appliances and other household products instead of purchasing them outright. The business caters largely to urban customers seeking flexible ownership alternatives.

The upcoming issue will provide investors with another opportunity to participate in India’s new-age consumer internet segment following a series of technology and platform-company listings.

Investor focus is likely to remain on the company’s financial performance, profitability path, issue valuation and utilisation of IPO proceeds when the detailed offer documents are assessed.

MT | Money Times

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