Rentomojo Wins SEBI Nod for IPO with Rs 150 Crore Fresh Issue
The furniture and appliances rental platform received SEBI approval for an IPO combining a Rs 150 crore fresh issue and a 2.84 crore share OFS. Backed by Accel, Chiratae, Edelweiss and Bain Capital, the profitable firm posted Rs 265.96 crore FY25 revenue and Rs 43.11 crore PAT across 22 cities.
Rentomojo, a D2C online furniture and home appliances rental platform, received SEBI approval for its IPO comprising a Rs 150 crore fresh issue plus OFS, backed by Accel, Chiratae, Edelweiss and Bain Capital.