Rentomojo Targets ₹4,246 Crore Valuation in Upcoming IPO

The Indian rental platform plans to raise over ₹1,250 crore through its initial public offering, with existing investors also preparing to divest a significant portion of their holdings.

5 Sept, 04:36 — 5 Sept, 04:36

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economic-times1d ago

Rentomojo set to go public at Rs 4,246 crore valuation, set to raise Rs 1,256 crore via IPO

In its ambitious IPO initiative, Rentomojo targets a valuation of ₹4,246 crore, while securing ₹150 crore in fresh funding. Additionally, existing investors plan to divest shares valued at ₹1,106 crore through an offer for sale. Impressively, the startup reported a 142% jump in net profit, which reached ₹104.3 crore in FY26. Mark your calendars, as the IPO launches on September 9.

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Rentomojo Targets ₹4,246 Crore Valuation in Upcoming IPO

Sources

Rentomojo set to go public at Rs 4,246 crore valuation, set to raise Rs 1,256 crore via IPO

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