Rentomojo Limited’s IPO to Open on Sept 9

Ahmedabad: Rentomojo Limited, shall open the Bid/Offer in relation to its Initial Public Offer of Equity shares on Wednesday, September 09, 2026. The Price Band of the Offer has been fixed at ₹ 384 to ₹ 404 per Equity Share. Bids can be made for a minimum of 37 Equity Shares and in multiples of 37 Equity Shares thereafter, the company said today.

As per the company, the Anchor Investor Bidding Date shall be Tuesday, September 08, 2026. The Bid/Offer shall open on Wednesday, September 09, 2026. The offer comprises of a fresh issue aggregating upto ₹1,500 million (₹150 crores) and an offer for sale aggregating up to 27,365,529 Equity Shares. The face value of each Equity Share is ₹1.

The company proposes to utilise the net proceeds from the fresh issue towards:

1. Repayment/ prepayment, in full or in part, of certain outstanding borrowings and accrued interest thereon availed by the Company;
2. Payment of lease rental/ license fee for the warehouses and experience stores of the Company; and
3. General corporate purposes.

The Equity Shares that will be offered through this Red Herring Prospectus are proposed to be listed on the Stock Exchanges. For the purposes of the Offer, the Designated Stock Exchange shall be NSE.

Motilal Oswal Investment Advisors Limited, Axis Capital Limited and IIFL Capital Services Limited (formerly known as IIFL Securities Limited) are the book running lead managers to the Offer.