The company filed a draft red herring prospectus (DRHP) with the market regulator in March this year. It plans to raise Rs 150 crore via the issue of fresh equity and an offer for sale (OFS) of up to 28 million shares. The face value of each equity share is Rs 1.
Founded by Geetansh Bamania, who is also the CEO, Rentomojo runs a full-stack direct-to-consumer (D2C) online rental and subscription platform for furniture and home appliances in India. It is the largest online rental and subscription platform. The company claims to have an estimated 42-47% market share in the organised home furniture and appliances rental segment. It has 227,511 live subscribers across 22 cities as of September 2025.
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.
The company’s revenue from operations stood at Rs 176.61 crore for the six months ended September 30, 2025, with a profit after tax of Rs 61.38 crore for the same period. Its revenue in FY25 stood at Rs 265.96 crore with PAT at Rs 43.11 crore.
Rentomojo will use the proceeds from the issue for repayment of debt, the payment of lease rentals or license fees for its warehouses and experience stores and general corporate purposes.