Rentomojo IPO Day 2 Subscription: Issue Subscribed 3.69x
Information Subscription
The Rentomojo IPO has seen strong investor interest on Day 2 of bidding. As per the latest subscription data till 10-Sep-2026 15:06:00, the issue was subscribed 3.69x overall. The Non-Institutional Investor (NII) category led demand at 8.55x, followed by retail investors at 3.47x. The QIB portion stood at 0.43x, while the employee category was subscribed 3.13x.
| Sr. No. | Category | No. of Times of Total Meant for the Category |
|---|---|---|
| 1 | Qualified Institutional Buyers (QIBs) | 0.43x |
| 2 | Non-Institutional Investors | 8.55x |
| 3 | Retail Individual Investors (RIIs) | 3.47x |
| 4 | Employees | 3.13x |
| - | Total | 3.69x |
Rentomojo IPO Subscription Update
The Rentomojo IPO has seen a sharp rise in investor participation on Day 2 of bidding. As per the latest available subscription data, the issue was subscribed 3.69x overall. The Non-Institutional Investor (NII) category led the demand at 8.55x, followed by the retail investor portion at 3.47x. The QIB category stood at 0.43x, indicating that institutional participation remained relatively moderate at this stage.
Rentomojo Overview & Purpose
Rentomojo is offering approximately 3.11 crore equity shares, comprising a fresh issue of 37.15 lakh shares aggregating to rupee 150 crore and an Offer for Sale (OFS) of up to 2.74 crore shares aggregating to rupee 1,105.57 crore by existing shareholders.
The company plans to utilise the fresh issue proceeds towards repayment or 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.
Cut-off Data for Rentomojo IPO
| Price | Cumulative Quantity |
|---|---|
| Cut-off | 3,12,09,685 |
| 404 | 7,60,38,404 |
| 403 | 7,60,51,021 |
| 402 | 7,60,60,123 |
| 401 | 7,60,64,304 |
| 400 | 7,60,75,626 |
| 399 | 7,60,76,144 |
| 398 | 7,60,76,921 |
| 397 | 7,60,77,143 |
| 396 | 7,60,78,734 |
| 395 | 7,60,81,694 |
| 394 | 7,60,84,099 |
| 393 | 7,60,84,765 |
| 392 | 7,60,85,024 |
| 391 | 7,60,85,505 |
| 390 | 7,60,93,238 |
| 389 | 7,60,93,756 |
| 388 | 7,60,93,978 |
| 387 | 7,60,94,829 |
| 386 | 7,60,95,421 |
| 385 | 7,60,98,159 |
| 384 | 7,61,25,317 |
Source: NSE till 10-Sep-2026 15:06:00
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)
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