The Rentomojo anchor lock-in ends on 15 October 2026, freeing half of the shares allotted to its anchor investors. Forty-one anchors had put in ₹376.05 crore at the issue price of ₹404 before the IPO opened on 9 September.
What unlocks on 15 October?
Anchors are large institutions that bid a day before an IPO opens. SEBI's rules hold half of their shares for 30 days after allotment and the other half for 90 days. Rentomojo allotted shares on 15 September 2026, so the 30-day period ends on 15 October. The second half stays locked until mid-December.
Free to trade does not mean the anchors will sell. It only means they are allowed to.
Key numbers
| Item | Figure |
|---|---|
| Issue size | ₹1,255.57 crore, fresh issue plus offer for sale |
| Issue price | ₹404 |
| Anchor money | ₹376.05 crore from 41 investors across 25 fund houses |
| Anchor shares (our arithmetic) | about 93 lakh at ₹404 |
| Listing price | ₹482.45, 19.42% above issue price |
| Price on our tracker | ₹593.65, 46.94% above issue price |
| Half of the anchor book unlocks | 15 October 2026 |
The anchor book was about 30% of the issue. Anchors bought at ₹404, so on our tracker's latest price the paper gain for those holding is large, but we do not know what any of them plans to do.
What the company does
Rentomojo rents home furniture and appliances on a monthly subscription. As on 31 March 2026 it had 253,825 live subscribers across 29 cities and 82 experience stores. For FY2026 it reported a profit after tax of ₹104.30 crore on total income of ₹394.09 crore, up from ₹43.11 crore on ₹271.96 crore a year earlier.
What our data shows
Rentomojo was subscribed 72.88x, which ranks #30 of 99 mainboard IPOs closed in 2026 against a median of 24.96x. QIBs bid 177.29x. Its 19.42% listing gain ranks #29 of 100 listings this year, where the median is 6.92%. The grey market had priced it higher: our tracker showed a GMP of ₹86 (21.29%) on listing eve, after ₹160 (39.60%) a few days earlier.
What happens next
Trading on 15 October is the first session where the freed shares can be sold. Exchange bulk and block deal data, published each evening, shows any large sale. The company reported its first-quarter results recently; we covered them in our Rentomojo Q1 results report. The anchor list, subscription split and GMP history are on the Rentomojo IPO page, and the IPO performance table compares it with the year's other listings.
