Rentomojo Ltd.
RENTOMOJOMainboard
Overview
Rentomojo Limited is a Bengaluru-based company that operates a leasing and rental business focused on commercial properties, along with related property management services, and runs under the Rentomojo brand.
Opening Date
Sep 09, 2026
Closing Date
Sep 11, 2026
Listing Date
Sep 17, 2026
IPO Type
Mainboard
IPO Status
Closed
Issue Size
1255.57 Cr
Fresh Issue
150 Cr
Offer for Sale
1105.57 Cr
Price Band
₹384 - ₹404
Lot Size
37
IPO Timeline
Financials
Revenue
Profit After Tax (PAT)
Use of IPO funds
Key Performance Indicator
P/E Ratio
39.26
EPS
10.29
ROE
43.51%
ROCE
25.34%
RONW
43.51%
Debt to Equity Ratio
0.63
PAT Margin
26.95%
EBITDA Margin
41.48%
P/B
14.1
Bull vs Bear
Bull case
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The business targets “flexible living,” a real customer pain point, which can create repeat subscriptions and steadier demand than one-time purchases.
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A full-stack subscription model gives end-to-end control, which can improve customer experience and reduce service failures that hurt renewals.
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Using ERP can tighten asset tracking and workflows, which matters because fewer losses, delays, and errors can protect unit economics over time.
Bear case
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Non-GAAP measures can make performance look better or worse depending on adjustments, so long-term investors may misread real cash generation.
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If you are unfamiliar with Ind AS, the reported numbers may be harder to compare with other companies, increasing the risk of wrong conclusions.
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Financial disclosures may not translate cleanly to IFRS or U.S. GAAP, so international-style benchmarks may mislead your assessment of profitability and leverage.
Net takeaway
The long-term story depends on whether flexible ownership becomes a habit and whether the company’s full-stack control keeps customers renewing while protecting asset returns. That can work if operations stay tight and data systems reduce avoidable mistakes, but it can disappoint if reported performance is hard to interpret or relies too much on non-GAAP adjustments. Over time, monitor how clearly the company explains adjustments and how well cash generation matches the reported progress.

