Rentomojo files IPO papers with SEBI for ₹150-crore fresh issue. The online rental platform for furniture and appliances plans to utilize proceeds for debt payment, warehouse lease rentals, and general corporate purposes. As the largest player in India's organized online rental segment with 42-47 percent market share, Rentomojo reported ₹265.96 crore in revenue and ₹43.11 crore profit after tax for FY2025. The company operates across 22 cities with over 2.27 lakh active subscribers supported by 21 warehouses. Motilal Oswal Investment Advisors, Axis Capital, and IIFL Capital Services serve as book-running lead managers. The IPO also includes an offer-for-sale of up to 2.83 crore equity shares by existing shareholders, marking a significant milestone for the D2C furniture rental sector.
