Rentomojo, the largest online rental and subscription platform for home furniture and appliances, has filed its draft red herring prospectus with for an .
The offer comprises a fresh issue aggregating up to ₹150 crore and an offer for sale aggregating up to 28,399,567 equity shares. The face value of each equity share is ₹1.
According to the regulatory document, selling shareholders include Accel Indis IV (Mauritius) Ltd, ValueQuest S.C.A.L.E. Fund, Edelweiss Discovery Fund – Series I and IDG Ventures India Fund III LLC, and promoter Geetansh Bamania.
The company proposes to utilise the funds 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; the payment of lease rentals or license fees for its warehouses and experience stores; and general corporate purposes.
Rentomojo operates a technology-driven, full-stack direct-to-consumer (D2C) online rental and subscription platform for furniture and home appliances in India.
The company 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.
Its revenue from operations stood at ₹176.61 crore for the six months ended September 30, 2025, and ₹265.96 crore for fiscal 2025, while restated profit after tax was ₹61.38 crore for the six months ended September 30, 2025 and ₹43.11 crore for fiscal 2025.
Shares are proposed to be listed on the stock exchanges, NSE and BSE. Motilal Oswal Investment Advisors, Axis Capital and IIFL Capital Services (formerly known as IIFL Securities Limited) are the book running lead managers to the issue. KFin Technologies is the registrar to the issue.