The Economic Times

Rentomojo IPO: Furniture e-marketplace files DRHP with Sebi; to raise Rs 150 crore from fresh issue

E-marketplace Rentomojo Limited has filed its Draft Red Herring Prospectus with Sebi for an Initial Public Offering (IPO), aiming to raise Rs 150 crore through fresh equity issuance. The company, a leader in the home furniture and appliance rental segment, plans to utilize the proceeds for debt repayment, lease rentals, and general corporate purposes.