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Rentomojo gets Sebi's approval to float IPO
Rentomojo, an innovative online rental platform specializing in furniture and appliances, has received approval from Sebi for its Initial Public Offering (IPO). Aiming to raise up to Rs 150 crore through new equity and an Offer for Sale by current shareholders, the proceeds will support loan repayments, warehouse rentals, and overall business operations. With a strong subscriber base and diverse product offerings in various cities, Rentomojo is poised for growth.
Raccontata da
economictimes.indiatimes.com
Timeline cronologica
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Rentomojo receives Sebi approval for IPO; to raise Rs 150 crore via fresh issue - The Economic Times
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…
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Rentomojo gets Sebi's approval to float IPO
Rentomojo, an innovative online rental platform specializing in furniture and appliances, has received approval from Sebi for its Initial Public Offering (IPO). Aiming to raise up…