Rentomojo files draft papers with SEBI for IPO; plans ₹150-crore fresh issue

Rentomojo files draft papers with SEBI for IPO; plans ₹150-crore fresh issue

The company proposes to utilise the proceeds from the fresh issue towards payment of debt, lease rentals or licence fees for its warehouses and experience stores, and for general corporate purposes

Rentomojo Ltd, an online rental and subscription platform for home furniture and appliances, has filed preliminary papers with capital markets regulator SEBI to raise funds through an initial public … [+1356 chars]