Rentomojo files IPO papers with Sebi for public market debut. The online furniture and appliances rental platform plans a fresh equity issue of Rs 150 crore alongside an offer-for-sale by existing shareholders. The company, which commands 42-47 percent market share in the organised online rental segment, reported Rs 265.96 crore in revenue for FY2025 with Rs 43.11 crore profit after tax. Rentomojo operates across 22 cities with over 2.27 lakh active subscribers supported by 21 warehouses. Fresh issue proceeds will fund debt repayment, warehouse lease payments, and general corporate purposes. Motilal Oswal Investment Advisors, Axis Capital, and IIFL Capital Services are the book-running lead managers for this IPO, marking a significant milestone for the D2C subscription services platform in India's growing rental economy.
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