Rentomojo IPO Subscription Update: Issue Subscribed 1.42x on Day 1

Rentomojo IPO Subscription Update: Issue Subscribed 1.42x on Day 1
Published on September 9, 2026|Author: Team Choice

On the first day, Rentomojo received bids for 3,08,14,969 shares against 2,17,72,311 shares available for subscription, according to NSE data. The retail investor category was subscribed 1.54x, while the Non-Institutional Investor (NII) category and Qualified Institutional Buyer (QIB) portion had received 2.46 and 0.41 bids at the time of the update. Investors can also visit our IPO page to track subscription updates and other upcoming public issues.

Sr. No. Category No. of Times of Total Meant for the Category
1. Qualified Institutional Buyers (QIBs) 0.41x
2. Non-Institutional Investors 2.46x
3. Retail Individual Investors (RIIs) 1.54x
4. Employees 1.72x
- Total 1.42x

Overview & Purpose

Rentomojo is offering approximately 3.11 crore equity shares, comprising a fresh issue of 37.15 lakh shares aggregating to Rs150 crore and an Offer for Sale (OFS) of up to 2.74 crore shares aggregating to Rs. 1,105.57 crore by existing shareholders.

The company plans to utilise the fresh issue proceeds towards repayment/prepayment of certain borrowings, payment of lease rentals and licence fees for its warehouses and experience stores, and general corporate purposes. The proceeds from the OFS will be received by the respective selling shareholders.

Price Cumulative Quantity
Cut-Off 1,42,96,430
404 3,08,20,408
403 3,08,25,514
402 3,08,28,474
401 3,08,31,656
400 3,08,38,020
399 3,08,38,353
398 3,08,38,538
397 3,08,38,575
396 3,08,39,278
395 3,08,41,128
394 3,08,42,571
393 3,08,42,682
392 3,08,42,830
391 3,08,43,126
390 3,08,46,900
389 3,08,47,122
388 3,08,47,307
387 3,08,47,381
386 3,08,47,603
385 3,08,49,157
384 3,08,62,477
Disclaimer: This content is for informational purposes only and should not be considered investment advice. Please consult a financial advisor before making any investment decisions.

Disclaimer

Investments in the securities market are subject to market risks. Read all related documents carefully before investing. Registration granted by SEBI, and certification from NISM in no way guarantee the performance of the intermediary or provide any assurance of returns to investors. Choice Equity Broking Private Limited: SEBI Reg No. Broking - INZ000160131 ( BSE - 3299 ) | ( NSE - 13773 ) | ( MSEI - 73200 ) | ( MCX - 40585 ) | ( NCDEX - 01006 ). Depository Participant SEBI Reg. No. - IN - DP - 84 - 2015, DP ID CDSL - 12066900, NSDL ID - IN301895. Research Analyst - INH000000222 (CIN. NO.: U65999MH2010PTC198714)

Please note that the information shared is intended solely for informational purposes and does not make any investment recommendations

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