Rentomojo has raised Rs 376 crore from anchor investors ahead of its IPO, which opens on September 9. The company allotted 93 lakh shares to 41 investors at Rs 404 apiece. BlackRock, Goldman Sachs, ICICI Prudential Mutual Fund, HDFC Mutual Fund and other institutional investors participated in the anchor book.

Rentomojo’s moat lies in its complex rental model, which combines subscriptions, asset ownership, logistics, collections and refurbishment. With 2.5 lakh active subscribers and…

Rentomojo, the furniture and appliance rental company, is gearing up for a significant IPO, poised to raise over one thousand crore rupees. Nitish Mittersain stands to gain…

Rentomojo has raised Rs 376 crore from anchor investors ahead of its IPO, which opens on September 9. The company allotted 93 lakh shares to 41 investors at Rs 404 apiece.…

Rentomojo plans a ₹150 crore fresh issue and ₹1,105.6 crore offer for sale. The company shows strong revenue growth and improving profitability metrics. Active subscribers have…