Rentomojo has expanded its Delhi offerings with 2BHK furniture and appliance rental packages starting at ₹3,831 a month. This price covers two queen beds with mattresses, two wardrobes, a three-seater sofa, a centre table, and a four-seater dining set. With appliances included, the monthly cost rises to about ₹4,995, or roughly ₹2,500 per person for two flatmates sharing the space.

The new tier complements the company’s existing 1BHK package, which costs approximately ₹1,858 a month for core furniture. The 2BHK setup targets tenants on typical 11-month leases who seek flexibility without the capital expenditure of purchasing furniture outright.

Market position and subscriber base

Rentomojo is the largest online rental and subscription platform for home furniture and appliances in India by live subscribers as of March 31, 2025, and September 30, 2025. According to its red herring prospectus dated September 3, 2026, citing a Redseer report, the company holds an estimated 42% to 47% share of India’s organised home furniture and appliance rental market by FY25 subscription revenue, excluding water purifiers.

The company reported 253,825 live subscribers across 29 cities as of March 31, 2026. Its equity shares have been listed on the NSE and BSE since September 17, 2026. The average subscription duration for FY26 stood at 18.04 months, indicating a steady retention rate among users.

Cost comparison: Renting versus buying

The financial divergence between renting and buying becomes significant over shorter tenures. For a 2BHK, the initial outlay for purchasing the core items is high, while cumulative rent does not exceed the purchase price until month 28. For tenants staying less than three years, renting remains the more capital-efficient option.

Note: Purchase prices are estimates based on major online retailers. Rental prices reflect October 2026 listings in Delhi.

What the numbers show

A key analytical observation from the disclosed data is the relationship between subscription tenure and monthly cost efficiency. The source states that the longest tenure (36 months) carries the lowest monthly rate, while shorter plans cost more per month. Given that the average subscription lasted 18.04 months in FY26, a significant portion of the subscriber base is likely paying higher monthly rates than those on maximum-term contracts. This suggests that while the headline figure of ₹3,831 is attractive, actual revenue per user may vary based on the mix of short-term versus long-term commitments, with short-term users generating higher monthly yield but potentially higher churn risk.

Operational model and logistics

Rentomojo’s process involves selecting items or packages via its app or website, choosing a tenure between three and 36 months, and completing KYC verification. Delivery and assembly occur within 48 to 72 hours of verification. The company offers free maintenance and free relocation within Delhi and to other operating cities, addressing key pain points for migrating tenants. Early closure requires seven days’ notice and typically incurs a charge equal to one month’s rent. Security deposits are refundable and equal to one month’s rent, returned within seven working days after pickup quality checks.

For shared households, Rentomojo allows flatmates to split subscriptions. Each individual can rent their own bedroom set while sharing common items like the sofa and dining set. If one flatmate moves out, they can transfer their subscription to an incoming roommate or close it with notice, avoiding the hassle of selling or moving owned furniture.

Rentomojo has submitted its Annual Report for the financial year 2025-26 to stock exchanges, confirming the document is available on the company website. This submission follows the earlier intimation regarding the scheduling of its 14th Annual General Meeting (AGM).

The report was filed on October 16, 2026, in continuation of the letter dated October 15, 2026, which notified exchanges of the upcoming AGM. The annual report and the notice for the 14th AGM are accessible via the company's investor relations portal.

Key AGM logistics

The 14th AGM is scheduled for November 6, 2026, at 11:00 am, via Video Conferencing/Other Audio-Visual Means. The meeting falls within an extended period granted by the Registrar of Companies, Bangalore, under the first proviso to Section 96(1) of the Companies Act, 2013.

Ordinary business agenda

The AGM will transact the following ordinary business items:

• Adoption of audited standalone and consolidated financial statements for the financial year ended March 31, 2026
• Re-appointment of Mr. Ketan Krishna (DIN: 09032220), Executive Director, who retires by rotation
• Appointment of Price Waterhouse Chartered Accountants LLP (Firm Registration Number: 012754N/N500016) as statutory auditor for a term of 5 years, from the conclusion of the 14th AGM to the conclusion of the 19th AGM

Special business agenda

Seven special business resolutions are also on the agenda:

• Appointment of M/s V Sreedharan and Associates (Firm Registration No. P1985KR14800) as secretarial auditor for a term of 5 consecutive years
• Approval of special rights of Mr. Geetansh Bamanian, Promoter, to nominate a maximum of 2 executive directors at all times so long as he remains Promoter
• Approval of special rights of Accel India (Mauritius) Limited to nominate a maximum of 1 nominee director, so long as Accel holds 10% of the post-offer share capital on a fully diluted basis
• Amendment of the Articles of Association to insert Article 101A codifying the above nomination rights
• Ratification of the Rentomojo Employee Stock Option Plan 2024 (ESOP 2024), covering up to 4,968 options convertible into 48,93,040 equity shares of face value Re. 1/- each
• Ratification of the Rentomojo Employee Stock Option Pool Plan 2026 (ESOP 2026), covering up to 1,239 options convertible into 12,20,177 equity shares of face value Re. 1/- each
• Revision in remuneration payable to Mr. Geetansh Bamanian (DIN: 05200651), Chairperson, Managing Director and Chief Executive Officer, for a period of 3 years from April 1, 2026 to March 31, 2029

CMD & CEO remuneration details

The Board, at its meeting held on October 5, 2026, approved revised remuneration terms for Mr. Geetansh Bamanian subject to member approval. The key remuneration parameters are as follows:

The remuneration revision is subject to member approval by way of a special resolution under Regulation 17(6)(e) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as the remuneration may exceed ₹5 crore or 2.5% of net profits, whichever is higher.

Company financial performance (standalone, FY26)

The following financial indicators for FY26 are disclosed in the AGM notice pursuant to Schedule V of the Companies Act, 2013:

Investor shareholding and ESOP details

Accel India IV (Mauritius) Limited holds 1,33,61,024 equity shares, representing 12.8329% of the post-listing paid-up capital. Mr. Geetansh Bamanian holds 13.49% of the share capital and 1,40,48,557 equity shares.

Under ESOP 2024, the maximum pool is 4,968 options exercisable into 48,93,040 shares, with each option equivalent to 984.080 equity shares. Under ESOP 2026, the maximum pool is 1,239 options exercisable into 12,20,177 shares, representing approximately 1.17% of the paid-up equity share capital. Both plans were approved by the Board and shareholders on March 5, 2026 and March 6, 2026 respectively, prior to listing, and are now placed before members for ratification under Regulation 12(1) of the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. The company's equity shares were listed on BSE Limited and National Stock Exchange of India Limited on September 17, 2026.