What happened
Rentomojo IPO opens for listing on NSE and BSE with ₹107 grey market premium
Rentomojo IPO opens for listing tomorrow with a grey market premium (GMP) of ₹107, hinting at a potential 26-27% pop on Day 1. The stock is priced around ₹404 with an estimated listing price of ₹511, according to Livemint and GMP trackers.
The IPO has attracted strong institutional interest with QIB subscription at 177.29x and NII at 67.93x, while retail investors subscribed around 15.6x. Overall subscription crossed 72.89x, signaling robust demand ahead of NSE and BSE debut.
Experts are divided on the listing upside. Rajesh Ojha sees a modest 20-22% pop, while Sandeep Grover is bullish at 38-40%, citing the company's 253,825 subscribers and 83.34% FY26 occupancy as key growth indicators.
Investors should note the GMP discrepancy across trackers (₹107, ₹135, ₹142) and the 39.4x FY26 P/E valuation before participating. The IPO offers a chance to enter a leading rental-furniture platform at a premium entry point.
Subscription Details
QIB subscription at 177.29x, NII at 67.93x, Retail at ~15.6x, Employee at 21.03x
- QIB: 177.29x
- NII: 67.93x
Why it matters for me
Investors eye potential 20-40% listing pop but GMP discrepancy across trackers creates uncertainty
Money
Retail Investors · Ipo Investors
Potential 20-40% listing pop based on GMP and expert views
Money
Ipo Investors
GMP discrepancy across trackers (₹107-₹142) creates uncertainty on actual listing price
Money
Small Savings
39.4x FY26 P/E valuation leaves limited margin for error at current pricing
What to remember
GMP hints at ~27% pop but verify subscription data and tracker consensus before bidding
Rentomojo IPO listing tomorrow with ₹107 GMP hinting at 27% pop. Experts split on upside.
Verified sources (4)
Rentomojo IPO listing tomorrow: GMP hints 27% listing pop | Expert view on share price ahead of NSE, BSE debut
↗Rentomojo IPO Allotment Status
↗Rentomojo IPO Allotment Out
↗Rentomojo IPO GMP, Price, Allotment
↗Claims and linked sources
6 claimsGrey market premium of ₹107 hints at ~27% listing pop with estimated price of ₹511
Overall IPO subscription reached 72.89x with QIB at 177.29x and NII at 67.93x
Rajesh Ojha expects 20-22% listing pop citing Rentomojo's growth trajectory
Sandeep Grover predicts 38-40% pop driven by strong fundamentals and subscriber base
GMP varies across trackers at ₹107, ₹135, and ₹142 indicating partial verification
Rentomojo has 253,825 subscribers with 83.34% FY26 occupancy rate
Community signals
Signal-only · not reporting“Expecting a modest 20-22% listing pop based on current GMP and subscription data.”