Rentomojo IPO Listing: Rentomojo shares made a positive debut on the stock exchanges on Thursday, September 17, 2026. The shares listed at ₹482.45 on the NSE, compared with the IPO issue price of ₹404 per share, delivering a 19.42% listing premium to investors who received allotment.
The Rentomojo IPO had attracted significant investor interest during its subscription period. The company had fixed the IPO price band at ₹384 to ₹404 per share, with the issue closing on September 11, 2026.
Rentomojo IPO Listing Price
The Rentomojo share price opened at ₹482.45 on the NSE, representing a gain of ₹78.45 per share over the issue price of ₹404.
| Particular | Details |
|---|---|
| IPO Issue Price | ₹404 |
| NSE Listing Price | ₹482.45 |
| Listing Gain | ₹78.45 |
| Listing Premium | 19.42% |
| IPO Lot Size | 37 Shares |
| Gain Per Lot | ₹2,902.65 |
Based on the NSE listing price, an investor who received one minimum lot of 37 shares would have seen the value of the allotment rise from ₹14,948 to approximately ₹17,850.65 at the listing price, before brokerage, taxes and other applicable charges.
Rentomojo IPO Listing Today
Rentomojo made its debut on both the NSE and BSE on September 17, 2026. The IPO was priced at the upper end of its ₹384–₹404 price band.
The issue size was approximately ₹1,255.57 crore, comprising a ₹150 crore fresh issue and an offer for sale of about ₹1,105.57 crore.
The IPO received strong demand during the subscription period. Reports put the overall subscription at around 72.88–72.89 times, with particularly strong demand from qualified institutional buyers.
Rentomojo IPO Listing Gain Calculation
At the NSE listing price of ₹482.45, the listing gain can be calculated as:
Listing Gain = ₹482.45 − ₹404 = ₹78.45 per share
Listing Gain % = (₹78.45 ÷ ₹404) × 100 = 19.42%
For the minimum lot of 37 shares:
₹78.45 × 37 = ₹2,902.65
Therefore, the paper gain at the listing price for one allotted lot was approximately ₹2,903, excluding brokerage, taxes and other charges.
Rentomojo IPO: From GMP to Actual Listing
Before listing, grey-market premium (GMP) figures had indicated expectations of a premium over the ₹404 issue price. However, GMP is an unofficial market indicator and does not guarantee the actual listing price.
The actual NSE debut at ₹482.45 resulted in a 19.42% premium, lower than some of the higher GMP-based estimates reported before listing.
This difference highlights why GMP should be treated only as an informal indication rather than a guaranteed listing-price forecast.
Rentomojo IPO Key Details
| IPO Detail | Information |
|---|---|
| Company | Rentomojo Limited |
| IPO | Rentomojo IPO |
| IPO Type | Mainboard |
| Price Band | ₹384 – ₹404 |
| Issue Price | ₹404 |
| Lot Size | 37 Shares |
| Minimum Investment | ₹14,948 |
| Issue Size | ₹1,255.57 Crore |
| Fresh Issue | ₹150 Crore |
| Offer for Sale | ₹1,105.57 Crore |
| IPO Opening Date | 9 September 2026 |
| IPO Closing Date | 11 September 2026 |
| Allotment Date | 15 September 2026 |
| Listing Date | 17 September 2026 |
| Registrar | KFin Technologies |
The IPO timeline and issue details are also reported by market sources covering the offering.
What Should Rentomojo IPO Allottees Know?
Investors who received Rentomojo IPO shares saw the stock debut at a premium to the IPO issue price. The actual market price can move above or below the listing price after trading begins, so the listing gain represents the price difference at the time of debut rather than a guaranteed future return.
Investors should consider their own financial objectives, risk tolerance and the company’s fundamentals before making any decision to buy or sell shares.
Rentomojo IPO Listing: Key Takeaway
Rentomojo made a 19.42% premium debut on the NSE at ₹482.45, compared with its IPO issue price of ₹404. The listing translated into a gain of ₹78.45 per share, or approximately ₹2,903 on one 37-share lot at the opening price.
The debut came after the IPO received substantial subscription demand, with the issue reportedly subscribed around 72.9 times overall.
Disclaimer
This article is for informational and educational purposes only and should not be considered investment advice. IPO listing prices and market prices can change rapidly. Investors should conduct their own research and consider their financial circumstances before making investment decisions.
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