About Rentomojo
Rentomojo is an online rental and subscription platform for home furniture and appliances. Its promoter is Geetansh Bamania.The company operates a technology-driven, full-stack direct-to-consumer (D2C) online rental and subscription platform for furniture and home appliances in India. The DRHP claims that the company is a market leader in this segment with an estimated 42%–47% share in the organised home furniture and appliances rental segment (excluding water purifiers) based on subscription revenue in the fiscal of 2025, with 2,27,511 live subscribers across 22 cities as of September 30, 2025, supported by a scaled service network that includes 21 warehouses and approximately 444,486 sq. ft. of warehousing space.
The company quoted a Redseer report to back its claims.
It operates an omni-channel platform comprising its online interface and 67 experience stores across India (as of September 30, 2025), offering flexible subscription access to furniture and appliances across a portfolio of 728,773 live products.
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Rentomojo financials
The company’s revenue from operations stood at Rs 176.61 crore for the six months ended September 30, 2025, and Rs 266 crore for fiscal 2025, while restated profit after tax was at Rs 61.38 crore for the six months ended September 30, 2025 and Rs 43.11 crore for FY25.
IPO proceeds
The company has proposed to utilise the net proceeds from the initial public offer for multiple purposes, including the repayment or prepayment, in full or in part, of certain outstanding borrowings along with the accrued interest thereon availed by the company; the payment of lease rentals or license fees for its warehouses and experience stores (referred to as the “Premises”); and general corporate purposes.
Following its IPO, the stock will be listed on the NSE and BSE.
Lead managers
Motilal Oswal Investment Advisors Limited, Axis Capital Limited, and IIFL Capital Services Limited (formerly known as IIFL Securities Limited) are the Book Running Lead Managers to the issue.
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