Rentomojo Posts Third Profit Year, Taps IIFL, Motilal Oswal for IPO

As many as 15.21 crore shares of five companies worth ₹2,195.64 crore, will become eligible for trading on Monday, December 15, as their respective shareholder lock-in period ends. It must be noted that the end of the shareholder lock-in does not mean all the shares will sold in the open market, but they will just become eligible for trading. Here is a look at this list:

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CNBC TV18•22-12-2025, 10:58

Rentomojo Posts Third Profit Year, Taps IIFL, Motilal Oswal for IPO

•Rentomojo achieved its third consecutive year of profitability in FY25, reporting a net profit of ₹43.07 crore.
•The company is preparing for an Initial Public Offering (IPO) in India, appointing IIFL Capital and Motilal Oswal Investment Banking as lead managers.
•Net profit surged by 92% to ₹43.07 crore in FY25, up from ₹22.49 crore in FY24 and ₹6.2 crore in FY23.
•Revenue from operations reached ₹265.96 crore, with EBITDA expanding to ₹118.41 crore, and a 48.24% CAGR in net rental revenue (FY23-FY25).
•Operating in 23 cities with 71 offline stores, Rentomojo serves over 220,000 subscribers with a subscription-first, circular economy model.

Why It Matters: Rentomojo achieves third consecutive profit year, eyes IPO with strong financials and growth.

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