Rentomojo IPO allotment likely today: GMP signals 39% listing gain. Here’s how to check status

Investors who subscribed to the Rentomojo IPO could receive the much-awaited allotment update today. With the public issue witnessing strong demand and being subscribed nearly 73 times overall, investors are now awaiting the basis of allotment while keeping an eye on the company’s upcoming stock-market debut.

The Rs 1,255.57 crore Rentomojo IPO is expected to finalise its share allotment today, after which investors will be able to check online whether they have received shares. The company is scheduled to list its shares on both the BSE and NSE on September 17, 2026.

Investor interest has also been boosted by Rentomojo’s grey market premium (GMP), which is currently around 39%. This suggests that the stock could potentially deliver a strong listing gain. However, GMP is an unofficial indicator and can fluctuate before the shares are listed.


The IPO opened for subscription on September 9, 2026, and closed on September 11, 2026. It was subscribed 73 times overall. The retail investor portion was subscribed 15.62 times, while the non-institutional investor (NII) category saw 67.93 times subscription. Qualified institutional buyers (QIBs) subscribed 177.29 times their allotted portion.

The Rentomojo IPO was offered in a price band of Rs 384 to Rs 404 per equity share.

The public issue comprises both a fresh issue of shares and an offer for sale (OFS). The fresh issue consists of 37.15 lakh equity shares worth Rs 150 crore. The OFS component, meanwhile, comprises 2.73 crore equity shares valued at Rs 1,105.57 crore.

Rentomojo shares are proposed to be listed on both the National Stock Exchange (NSE) and BSE, with September 17, 2026, set as the tentative listing date.

Ahead of the IPO, Rentomojo raised Rs 376 crore from anchor investors. The company allotted 93 lakh shares to 41 anchor investors at Rs 404 per share. The anchor allocation price includes a face value of Rs 1 per share and a share premium of Rs 403 per share.

Motilal Oswal Investment Advisors Ltd. is acting as the book-running lead manager for the issue, while Kfin Technologies Ltd. is the registrar to the IPO.

Investors can check their allotment status through any of the following platforms:

1. KFin Technologies (Registrar)

• Visit the Rentomojo IPO allotment page (https://ipostatus.kfintech.com/)
  
• Select Prasol Chemicals from the drop-down menu.
• Enter your PAN, application number, or DP/Client ID.
• Click Submit to view your allotment status.

2. NSE

• Visit the NSE IPO allotment page. (https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids)
  
• Select Equity.
• Choose Rentomojo from the list.
• Enter your application number and PAN to check the status.

3. BSE

• Visit BSE IPO allotment link: https://www.bseindia.com/investors/appli_check
  
• Now tick Equity under issue type.
• Choose Rentomojo from the dropdown menu.
• Enter your application number or PAN.
• Complete the captcha verification and click Search to view your allotment details.

Rentomojo IPO GMP Today

The Rentomojo IPO continues to trade at a strong premium in the grey market, signalling positive investor sentiment ahead of its stock-market debut. The Grey Market Premium (GMP) currently stands at Rs 158 per share, representing a premium of around 39% over the IPO’s upper price band of Rs 404 per share.

At the current GMP, Rentomojo’s estimated listing price is around Rs 562 per share.

GMP Note: The grey market premium is an unofficial indicator of investor sentiment and does not guarantee the actual listing price or returns. GMP can change before listing based on investor demand, broader market trends and overall market sentiment.

Rentomojo IPO: Issue Objectives

The proceeds from the Rentomojo IPO will be used for several key corporate purposes. A portion of the funds will go towards the repayment or prepayment, either in full or in part, of certain outstanding borrowings, along with the accrued interest on these loans. The company also plans to use part of the IPO proceeds to pay lease rentals and licence fees for its warehouses and experience stores. The remaining funds will be utilised for general corporate purposes.

About Rentomojo

Rentomojo is an India-based D2C rental and subscription platform offering flexible access to furniture and appliances without upfront ownership costs.

The company manages the end-to-end asset lifecycle, including procurement, refurbishment, servicing, reverse logistics and redeployment, helping improve asset utilisation and capital efficiency.

Rentomojo has maintained occupancy levels above 80% in recent financial years. As of September 30, 2025, it had 728,773 live products and 227,511 subscribers across 22 cities, with offerings spanning furniture and appliances from brands such as Haier, Wakefit, Livpure and Duroflex, alongside its growing private-label portfolio.

The company follows an omnichannel model with 67 experience stores and 21 warehouses covering 444,486 sq. ft., supporting inventory management, fulfilment and asset lifecycle operations.

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