Rentomojo Files RHP for Rs 1,256 Crore IPO at Rs 4,200 Crore Valuation

4 Sept 2026, 10:41 am · 8d ago · 1 min read · Entrackr

Amount

₹1,256 Cr

Stage

IPO

Bengaluru-based furniture and appliance rental platform Rentomojo has filed its Red Herring Prospectus (RHP) for an initial public offering to raise Rs 1,255.6 crore. The IPO comprises a fresh issue of Rs 150 crore and an offer-for-sale worth Rs 1,105.6 crore. With a price band of Rs 384-404 per share, the company is targeting a valuation of Rs 4,200 crore. The issue opens September 9 and closes September 11. Rentomojo reported a 45.5% rise in FY26 revenue to Rs 387 crore, while net profit grew 142% to Rs 104.2 crore.