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Rentomojo Ltd

Registered Office: 2nd Flr B Block Bhive Workspac,#112 AKR Tech Park A 7th Mile, Bangalore - 560068, Karnataka, India.
Phone : 95918 74499   Fax:
Email :  secretarial@rentomojo.com  
Website :  www.rentomojo.com

Initial public offer of up to 31,078,400 equity shares of face value of Rs. 1 each ("Equity Shares") of Rentomojo Limited (formerly known as Rentomojo Private Limited and Edunetwork Private Limited) (the "Company" or the "Issuer") for cash at a price of Rs. 404 equity share (including a share premium of Rs. 403 per equity share) (the "Offer Price") aggregating up to Rs. 1255.57 Crores comprising a fresh issue of up to 3,712,871 equity shares aggregating up to Rs. 150.00 crores by the company ("Fresh Issue") and an offer for sale of up to 27,365,529 equity shares aggregating up to Rs. 1105.57 Crores ("Offered Shares") by the selling shareholders, comprising up to 849,175 equity shares aggregating up to Rs. 34.31 Crores by Geetansh Bamania ("Promoter Selling Shareholder"), up to 7,846,951 equity shares aggregating up to Rs. 317.02 Crores by Accel India IV (Mauritius) Limited, up to 2,882,794 equity shares aggregating up to Rs. 116.46 Crores by Edelweiss Discovery Fund - Series I, up to 2,803,431 equity shares aggregating up to Rs. 113.26 Crores by Valuequest S.C.A.L.E. Fund, up to 2,398,550 equity shares aggregating up to Rs. 96.9 Crores by Madison India Opportunities V VCC, up to 2,002,019 equity shares aggregating up to Rs. 80.88 Crores by Chiratae Trust Represented by its Trustee Vistra Ltcl (India) Limited Chiratae Growth Fund - I represented by its Trustee Vistra Ltcl (India) Limited and acting through its investment manager, Naigama Investment Manager LLP, up to 1,512,800 equity shares aggregating up to Rs. 61.12 Crores on by GMO Payment Gateway INC, up to 2,002,019 equity shares aggregating up to Rs. 80.88 Crores by GMO GFF Limited partnership, up to 753,647 equity shares aggregating up to Rs. 30.45 Crores by MSIVC 2018v Venture Capital Investment Limited Partnership, up to 719,315 equity shares aggregating up to Rs. 29.06 Crores by Pratithi Investment Trust, acting through its Trustee S. Gopalakrishnan, up to 307,000 equity shares aggregating up to Rs. 12.4 Crores by Rajeev Chitrabhanu HUF, and up to 76,260 equity shares aggregating up to Rs. 3.08 Crores by Vcats Management Services Trust - ii ("Investor Selling Shareholders"), up to 755,405 equity shares aggregating up to Rs. 30.52 Crores by Renaud Laplanche, up to 400,000 equity shares aggregating up to Rs. 16.16 Crores by Gaurav Bamania, up to 254,130 equity shares aggregating up to Rs. 10.27 Crores by Gautam Dalmia, up to 148,460 equity shares aggregating up to Rs. 6 Crores by Nitish Mittersain and up to 100,000 equity shares aggregating up to Rs. 4.04 Crores by Subodh Shinkar (collectively the "Individual Selling Shareholders" and together with the promoter selling shareholder and investor selling shareholders, the "Selling Shareholders" and such offer for sale, the "Offer For Sale", and together with the fresh issue, the "Offer"). The company, in consultation with the brlms, may consider a pre-ipo placement aggregating up to Rs.30.00 crores, prior to filing of the pre-ipo placement, if undertaken, will be at a price to be decided by the company, in consultation with the brlms. If the pre-ipo placement is completed, the amount raised pursuant to the pre-ipo placement will be reduced from the fresh issue, subject to compliance with Rule 19(2)(b) of the scrr. The pre-ipo placement, if undertaken, shall not exceed 20% of the size of the fresh issue. Prior to the completion of the offer, the company shall appropriately intimate the subscribers to the pre-ipo placement, prior to allotment pursuant to the pre-ipo placement, that there is no guarantee that the company may proceed with the offer or the offer may be successful and will result into listing of the equity shares on the stock exchanges. Further, relevant disclosures in relation to such intimation to the subscribers to the pre-ipo placement (if undertaken). The offer may include a reservation of up to 49,504 equity shares of face value of Rs. 1 each, aggregating up to Rs. 2 Crores (constituting up to [*]% of the post-offer paid-up equity share capital of the company), for subscription by eligible employees ("Employee Reservation Portion"). The company, in consultation with the brlms may offer a discount of Rs. 20 per equity share of face value of Rs. 1 each, to eligible employees bidding in the employee reservation portion ("Employee Discount"), subject to necessary approvals as may be required. The offer less the employee reservation portion is hereinafter referred to as the "Net Offer". The offer and the net offer shall constitute [*] % and [*] % of the post-offer paid-up equity share capital of the company, respectively. Price Band: Rs. 384 to Rs. 404 per equity share of face value of Rs. 1 each. The floor price and the cap price are 384 times and 404 times the face value of the equity shares, respectively. Bids can be made for a minimum of 37 equity shares of face value of Rs. 1 each and in multiples of 37 equity shares of face value of Rs. 1 each thereafter. Discount of Rs. 20 per equity share of face value of Rs. 1 is being offered to eligible employees bidding in the employee reservation portion.

Issue Money Payable On
Opens on Closes On Application Allotment
09-Sep-26 11-Sep-26 384.00-404.00 0.00-0.00
Minimum Application for shares in Nos : 37   Further Multiples of : 37
  Rs(Cr.) Lead Managers to the Issue
Project Cost 0.00 Axis Capital Limited
Project Financed through Current Offer 1,200.84  
Post Issue Equity Share Capital 10.41  
Issue Price 384.00  

Project

  • Repayment/ prepayment, in full or in part, of certain outstanding borrowings and accrued interest thereon availed by its Company
  • Payment of lease rental/ license fee for the company warehouses and experience stores
  • General corporate purposes

Promoted By

Geetansh Bamania

Gaurav Bamania

Meera Bamania

Listing At

BSE

NSE

Registrar to the Issue

KFin Techologies Ltd

Attention Investor:

1) "KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (Broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."         2) For Stock Broking Transaction "Prevent unauthorised transactions in your account Update your mobile numbers / email IDs with your stock brokers. Receive information of your transactions directly from Exchange on your mobile / email at the end of the day .... Issued in the interest of Investors."         3) For Depository Transaction "Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from NSDL on the same day....Issued in the interest of investors."         4) No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.