Rentomojo lands Sebi nod for Rs 150-crore IPO with 28-million-share OFS
India's largest furniture and appliances rental D2C platform will use fresh equity to repay debt and fund warehouse and experience-store leases. The company holds 42-47% market share with 227,511 subscribers across 22 cities and 67 experience stores. H1FY26 revenue hit Rs 176.61 crore with PAT of Rs 61.38 crore, up from FY25's Rs 265.96 crore revenue.
Rentomojo, India's largest online furniture and appliances rental/subscription D2C platform, secured Sebi approval for its Rs 150-crore IPO comprising fresh equity and a 28-million-share OFS, to repay debt and fund warehouse and experience-store leases.