India, Sept. 4 -- RentoMojo Gears Up For IPO

RentoMojo is just weeks away from its D-Street debut. The furniture and appliance rental startup has filed its red herring prospectus with SEBI, which will comprise a fresh issue and a reduced OFS component. But what does RentoMojo's public market play look like?

The IPO Book: RentoMojo's IPO will open on September 9 and close on September 11. The public issue comprises a fresh issue worth Rs.150 Cr and an OFS of up to 2.7 Cr shares, which will see early backers and cofounder Geetansh Bamania trimming their stakes. The fresh proceeds will fund offline expansion, new warehouses, debt repayment and general corporate needs.

The Profitability Pitch: The rental startup's FY26 numbers paint the pi...