Rentomojo secures SEBI nod for IPO with ₹150 crore fresh issue plus OFS
Bengaluru furniture and appliance rental startup Rentomojo has cleared SEBI review for its IPO, pairing a ₹150 crore fresh issue with a 2.84 crore-share OFS. The company leads India's organised home rental segment with 42%-47% share, 67 experience stores and 728,773 live products, posting FY25 revenue of ₹265.96 crore and PAT of ₹43.11 crore.
Furniture and appliance rental D2C startup Rentomojo received SEBI approval for its IPO, comprising a ₹150 crore fresh issue and an OFS. The Bengaluru firm runs 67 experience stores and leads India's organised home rental segment.