Rentomojo IPO
Rentomojo Limited (RENTOMOJO) · mainboard IPO on NSE and BSE · 100% Book Building. Listed on 17 September 2026.
Issue details
Listing day
Back-tested estimate (from a model that had only seen earlier years' IPOs): listing gain +22.0% (likely range +2% to +38%), day's high +24.5%, chance of a gain 92%. Actual: +19.4% at the open, +35.4% at the high.
Subscription status
| Category | Shares offered | Shares bid for | Subscribed | |
|---|---|---|---|---|
| QIB (institutions) | 62,05,779 | 1,10,02,38,438 | 177x | |
| NII (HNI) total | 46,54,335 | 31,61,47,203 | 67.9x | |
| Big NII (above ₹10 lakh) | 31,02,890 | 22,70,15,424 | 73.2x | |
| Small NII (₹2-10 lakh) | 15,51,445 | 8,91,31,779 | 57.5x | |
| Retail | 1,08,60,114 | 16,93,29,945 | 15.6x | |
| Employees | 52,083 | 10,95,126 | 21.0x | |
| Total | 2,17,72,311 | 1,58,68,10,712 | 72.9x |
Bids on NSE and BSE together, as published by NSE, as of 11 Sep 2026, 07:00 PM. Shares offered exclude the anchor portion. 9% of all shares bid for were at the cut-off price.
Past IPOs with similar demand
Earlier mainboard IPOs whose QIB, NII and retail subscription and size were closest to Rentomojo's, and how they listed.
| IPO | QIB | NII | Retail | Total | Size | Listing gain | Day high |
|---|---|---|---|---|---|---|---|
| Harsha Engineers InternationalSep 2022 | 178x | 71.3x | 17.6x | 74.7x | ₹794 Cr | +36.4% | +59.9% |
| Symbiotec PharmalabAug 2026 | 172x | 73.6x | 13.0x | 71.3x | ₹1,851 Cr | 0.0% | +19.4% |
| Happy ForgingDec 2023 | 220x | 62.2x | 15.1x | 82.0x | ₹1,006 Cr | +17.6% | +27.9% |
| INOX IndiaDec 2023 | 148x | 53.2x | 15.3x | 61.3x | ₹1,459 Cr | +43.9% | +50.0% |
| Sri Lotus Developers and RealtyAug 2025 | 164x | 57.7x | 20.3x | 69.1x | ₹849 Cr | +18.7% | +30.5% |
| P N Gadgil JewellersSep 2024 | 137x | 56.1x | 16.6x | 59.4x | ₹1,158 Cr | +72.9% | +76.7% |
Lead managers and their listing record
| Book running lead manager | Mainboard IPOs since 2019 | Avg listing gain | Listed at a premium |
|---|---|---|---|
| Motilal Oswal Investment Advisors | 47 | +15.0% | 72% |
| Axis Capital | 107 | +20.4% | 73% |
| IIFL Capital Services | 94 | +19.3% | 71% |
Offer documents (NSE)
Frequently asked
What is the Rentomojo IPO price band and lot size? ₹384–404 per share, with a lot of 37 shares, so the smallest retail bid is ₹14,948.
How many times has it been subscribed? 72.9x overall: QIB 177x, NII 67.9x, retail 15.6x, employees 21.0x.
How did it list? It opened at ₹482, +19.4% against the issue price of ₹404, and closed its first day +32.2%.
