Rentomojo Limited has filed its DRHP with SEBI to raise funds through an initial public offering, comprising a fresh issue of ₹1,500 million and an Offer for Sale of up to 28,399,567 equity shares.
The company, promoted by Geetansh Bamania, is India’s largest online rental and subscription platform for furniture and appliances, operating a technology-led D2C model.
According to a Redseer Report, Rentomojo commands a 42%–47% share in the organised rental segment. It serves 227,511 live subscribers across 22 cities and operates 21 warehouses with a total area of 444,486 sq. ft.
The company’s omni-channel strategy includes 67 experience stores and an online platform, offering access to 728,773 products. Its 11-touchpoint lifecycle model supports operations from order placement to refunds.
Rentomojo reported revenues of ₹1,766.09 million for the six months ended September 30, 2025, and ₹2,659.59 million for Fiscal 2025. Profit after tax stood at ₹613.75 million for the six-month period and ₹431.06 million for Fiscal 2025.
The IPO proceeds will be used for repayment of borrowings, lease payments for warehouses and stores, and general corporate purposes. The company plans to list on BSE and NSE.
The issue will be managed by Motilal Oswal Investment Advisors, Axis Capital, and IIFL Capital Services.
