Rentomojo Limited shall open the Bid/Offer in relation to its Initial Public Offer of Equity Shares on Wednesday, September 09, 2026.
- Issue Opens: September 9, 2026
- Issue Closes: September 11, 2026 (Closing today)
- Face Value: Rs 1
- Price Band: Rs 384 – 404 per share
- Minimum Bid Lot: 37 Equity Shares
- Listing: BSE & NSE
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 Anchor Investor Bidding Date shall be Tuesday, September 08, 2026. The Bid/Offer shall open on Wednesday, September 09, 2026.
The offer comprises a fresh issue aggregating up to ₹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 utilize the net proceeds from the fresh issue towards: Repayment/prepayment, in full or in part, of certain outstanding borrowings and accrued interest thereon availed by the Company; payment of lease rental/license fee for the warehouses and experience stores of the Company; and General corporate purposes.
