The Rentomojo IPO GMP is attracting strong interest ahead of the company’s public issue opening. Investors following the IPO are closely watching the Grey Market Premium (GMP), along with the price band, issue dates, subscription response and potential listing expectations.
Rentomojo Limited is set to launch its Mainboard IPO on September 9, 2026, with bidding scheduled to close on September 11, 2026. The company has fixed the IPO price band at ₹384 to ₹404 per equity share. The shares are expected to list on the BSE and NSE on September 17, 2026.
Grey market activity can provide an indication of unofficial market sentiment before listing. However, investors should remember that GMP is not regulated by SEBI or stock exchanges and does not guarantee the actual listing price.
Rentomojo IPO GMP Today
The latest publicly reported figures for the Rentomojo IPO GMP vary across unofficial grey-market tracking platforms. Different trackers reported premiums ranging from approximately ₹115 to ₹149 per share in their latest available updates dated September 7, 2026. Because the grey market is informal and quotes can change frequently, investors should treat GMP figures as indicative rather than definitive.
Based on the upper IPO price band of ₹404, the implied listing price can be calculated by adding the reported GMP to the issue price.
Rentomojo IPO GMP Calculation
| Particulars | Details |
| Upper Price Band | ₹404 |
| Latest Reported GMP Range | ₹115–₹149 |
| Indicative Price Range Based on GMP | ₹519–₹553 |
| IPO Listing Date | September 17, 2026 |
What Is the Rentomojo IPO GMP?
The Rentomojo IPO GMP, or Grey Market Premium, refers to the unofficial premium at which market participants may quote an IPO share before its official listing.
For example, if an IPO has an upper issue price of ₹404 and the unofficial GMP is ₹115, the simple implied price calculation would be:
₹404 + ₹115 = ₹519
However, this does not mean that the share will necessarily list at ₹519. The actual listing price depends on several factors, including:
- Overall stock market conditions
- Demand during the IPO subscription period
- Institutional investor participation
- Company fundamentals
- Valuation expectations
- Sentiment on the listing day
Rentomojo IPO Details
| IPO Particular | Details |
| IPO Name | Rentomojo Limited IPO |
| IPO Type | Mainboard IPO |
| IPO Open Date | September 9, 2026 |
| IPO Close Date | September 11, 2026 |
| Price Band | ₹384–₹404 per share |
| Face Value | ₹1 per share |
| Lot Size | 37 shares |
| Minimum Investment at Upper Band | ₹14,948 |
| Issue Size | Approximately ₹1,255.57 crore |
| Fresh Issue | ₹150 crore |
| Offer for Sale | Approximately ₹1,105.57 crore |
| Expected Allotment Date | September 15, 2026 |
| Expected Listing Date | September 17, 2026 |
| Listing Exchange | BSE and NSE |
| Registrar | KFin Technologies Limited |
Rentomojo IPO Price Band and Lot Size
Rentomojo has fixed the price band for its public issue at ₹384 to ₹404 per equity share. Retail investors applying at the cut-off price would need to apply for at least one market lot.
The minimum lot size is 37 shares.
At the upper price band of ₹404, the minimum investment works out to:
37 shares × ₹404 = ₹14,948
This means a retail investor would need approximately ₹14,948 for one lot when applying at the upper end of the price band.
Rentomojo IPO Dates and Timeline
The Rentomojo IPO is scheduled to remain open for three days.
Important Rentomojo IPO Dates
| Event | Date |
| IPO Opens | September 9, 2026 |
| IPO closes | September 11, 2026 |
| Basis of Allotment | September 15, 2026 |
| Refunds/UPI Unblock | September 16, 2026 |
| Shares Credited to Demat | September 16, 2026 |
| Expected Listing Date | September 17, 2026 |
About Rentomojo Limited
Rentomojo operates a technology-driven direct-to-consumer rental and subscription platform focused on furniture and home appliances in India.
The company offers products across categories such as furniture and household appliances through flexible rental and subscription plans. Its business model is designed around providing customers with access to products without requiring them to purchase every item outright.
According to publicly available IPO information, Rentomojo has expanded its operations across multiple Indian cities and developed a network that includes experience stores and a large base of users and live items.
The company’s draft offer documents were filed with SEBI in 2026, providing investors with detailed information about its business, operations and proposed public issue.
What Will the Rentomojo IPO Funds Be Used For?
According to the available IPO information, the company intends to use proceeds from the fresh issue for purposes including:
- Repayment or prepayment of certain outstanding borrowings and related interest.
- Payment of lease rentals or licence fees for warehouses and experience stores.
- General corporate purposes.
Rentomojo IPO Listing Date
The expected listing date for the Rentomojo IPO is September 17, 2026.
The company’s shares are expected to list on:
- National Stock Exchange (NSE)
- BSE Limited (BSE)
How Is the Expected Listing Price Calculated From GMP?
The basic calculation is straightforward:
Expected Listing Price = Upper IPO Price Band + GMP
For example:
- Upper Price Band: ₹404
- Illustrative GMP: ₹115
Indicative Price = ₹404 + ₹115 = ₹519
Similarly, a ₹149 GMP would imply:
₹404 + ₹149 = ₹553
However, these are only mathematical calculations based on unofficial market quotes. They should not be considered a forecast of the actual listing price.
Should Investors Apply Based Only on Rentomojo IPO GMP?
No. Investors should avoid making an IPO investment decision solely based on the Rentomojo IPO GMP.
Grey market activity is unofficial and unregulated. A high premium may indicate positive sentiment, but it cannot guarantee listing gains.
Before applying, investors may consider reviewing:
- The company’s business model
- Financial performance
- Revenue and profitability trends
- Risks mentioned in the offer document
- IPO valuation
- Purpose of the fresh issue
- Industry outlook
- Subscription demand after the issue opens
Rentomojo IPO Allotment Status
The Rentomojo IPO allotment is expected to be finalised after the subscription process closes, subject to the final IPO timeline.
The registrar for the issue is reported to be KFin Technologies Limited. Investors can generally check their allotment status after the basis of allotment is finalised using details such as their PAN, application number or demat account information on the appropriate official platforms.
Key Takeaways
The Rentomojo IPO is entering the market with a price band of ₹384–₹404 per share and an issue size of approximately ₹1,255.57 crore. The IPO is scheduled to open on September 9, 2026, and close on September 11, 2026.
Unofficial trackers reported varying Grey Market Premium figures in their latest September 7 updates, demonstrating why investors should always verify the latest available GMP before drawing conclusions. The implied listing price based on these reports also varies depending on the source and time of the quote.
Most importantly, Rentomojo IPO GMP should be treated as an unofficial market sentiment indicator, not as a guarantee of listing gains or investment returns.
FAQs
The latest publicly reported Rentomojo IPO GMP figures vary across unofficial tracking platforms. The most recent September 7, 2026 updates available during research showed different quotes, ranging approximately from ₹115 to ₹149 per share. GMP can change frequently, so investors should check the latest timestamp before relying on a figure.
The Rentomojo IPO price band is ₹384 to ₹404 per equity share.
The IPO is scheduled to open on September 9, 2026, and close on September 11, 2026.
The basic calculation adds the unofficial GMP to the upper issue price. For example, if the upper price is ₹404 and the GMP is ₹115, the implied price would be ₹519. This is only an indicative calculation and not a guaranteed listing price.
The Rentomojo IPO is expected to list on September 17, 2026, subject to the final IPO schedule. The shares are expected to list on the BSE and NSE.