# Rentomojo Shares Surge 38% Post IPO

> Rentomojo shares jumped 38% above IPO price in nearly a month after strong Q1 results.
- Title: Rentomojo Shares Surge 38% Post IPO · mint | Shortify
- Summary: Rentomojo shares jumped 38% above IPO price in nearly a month after strong Q1 results. Rentomojo shares rose 38% from IPO price following Q1 FY27 results…
- Keywords: rentomojo, ipo, q1 fy27, revenue growth, inventory utilisation, monetisation, cash flow, money, business, Shares, Surge, Post
- Source: mint — https://livemint.com/market/stock-market-news/rentomojo-share-price-jumps-38-from-ipo-price-in-nearly-1-month-check-5-factors-driving-the-surge-11792064514406.html
- Author: Dhanya Nagasundaram
- Published: 2026-10-15T12:10:21+00:00
- Read time: 1 min
- Topics: rentomojo, ipo, q1 fy27, revenue growth, inventory utilisation, monetisation, cash flow, money, business
## Share Price Surge
Rentomojo shares rose 38% above their IPO issue price of ₹ 404 in nearly a month.
## Q1 FY27 Results
Strong Q1 FY27 results showed 51% revenue growth and improved profitability.
## Customer Demand
Customer demand increased 45.8% year-on-year to 3.29 lakh items ordered.
## Inventory Utilisation
Inventory utilisation improved with average occupancy rising to 85.7%.
## Monetisation Boost
Average revenue per item rose 6.8% to ₹ 1,663 with stable user engagement.
## Cash Generation
Rentomojo generated ₹ 173 crore operating cash flow exceeding capital expenditure.
## Expansion Plans
Company expanded to 89 experience stores and entered new product categories.
## Market Impact
Market capitalisation rose 8% to ₹ 5,800 crore following Q1 results.
## Key takeaway

Rentomojo shares rose 38% from IPO price following Q1 FY27 results showing 51% revenue growth and improved profitability.