New Delhi, Oct. 15 -- Rentomojo shares have surged 38% above their IPO issue price of Rs.404, as investors assess the company's strong revenue growth, improving profitability and rising demand for rental furniture and appliances. Rentomojo shares listed on the stock exchanges on 17 September 2026.

Ishan Tanna, Senior Associate at Ashika Capital, said the company's Q1 FY27 results highlighted robust demand, improving monetisation and healthy utilisation of its rental inventory.

Rentomojo's Rs.1,250 crore initial public offering (IPO) was subscribed 73 times, and the stock listed at a premium of around 20% to its issue price. According to Tanna, the company's June-quarter performance has further strengthened investor interest, with its ma...