Rentomojo Ltd, an internet rental and subscription platform for dwelling furnishings and home equipment, has filed preliminary papers with capital markets regulator Sebi to boost funds by means of an preliminary public providing (IPO).
The proposed IPO contains a contemporary situation of fairness shares aggregating as much as Rs 150 crore and an offer-for-sale (OFS) of as much as 2,83,99,567 fairness shares by present shareholders, in line with the Draft Pink Herring Prospectus (DRHP) filed on Friday.
The corporate proposes to utilise the proceeds from the contemporary situation in direction of cost of debt, lease leases or licence charges for its warehouses and expertise shops, and for basic company functions.
Based by Geetansh Bamania, the corporate operates a technology-driven, full-stack direct-to-consumer (D2C) platform providing rental and subscription companies for furnishings and residential home equipment throughout India.
Rentomojo is the biggest participant within the organised on-line rental section for furnishings and home equipment, with an estimated market share of 42-47 per cent primarily based on subscription income in FY2025, as per a Redseer report cited within the draft papers.
As of September 30, 2025, the corporate had over 2.27 lakh reside subscribers throughout 22 cities, supported by a community of 21 warehouses.
On the monetary entrance, income from operations stood at Rs 265.96 crore for the total fiscal 12 months 2025 and revenue after tax at Rs 43.11 crore for FY2025.
Motilal Oswal Funding Advisors, Axis Capital and IIFL Capital Providers are the book-running lead managers to the problem.
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