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Company Profile

Founded in April 2012, Rentomojo Limited is a leading Indian direct-to-consumer platform offering subscription-based rentals for home furniture and appliances. The company provides flexible, affordable access to essential items like beds, refrigerators, washing machines, and televisions, allowing customers to easily rent, upgrade, or relocate without heavy upfront costs. Rentomojo also offers its own private-label furniture and appliances through strategic manufacturing partnerships.

Operating across 29 Indian cities, the company manages a seamless service experience supported by 20 warehouses, 82 experience stores, and over 250,000 active subscribers. By managing the full asset lifecycle—from procurement and delivery to in-house repairs, refurbishment, and redeployment—Rentomojo maximizes product longevity and operational efficiency while maintaining fast turnaround times and high occupancy rates across its product catalog.

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(There are no listed peers of the company in the Indian stock market.)

*Market cap @upper band

• Consistently profitable D2C player since Fiscal 2023.
• Strong subscriber base and extensive product portfolio.
• Marquee institutional investors and established sponsorship base.
• Predictable recurring revenues and high return on capital employed.
• Omni-channel presence through online platform and experience stores.
• Leading furniture and appliance rental and subscription platform in India.
• Full-stack asset-lifecycle management supporting multiple asset deployments.
• Integrated business model combining e-commerce, subscription and re-commerce.

The Company RENTOMOJO LIMITED IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:

• Repayment/ prepayment, in full or in part, of certain outstanding borrowings and accrued interest thereon availed by our Company (Rs. 70.00 Cr.)
• Payment of lease rental/ license fee for our warehouses and experience stores (Rs 42.50 Cr.)
• General corporate purposes

At the upper band of IPO Rs. 404, the stock is valued at 40.73 P/E multiple. Hence, well-informed investors subscribe for medium to long term perspective.