STARTUP LEGAL4 Sept 2026
Rentomojo’s four-year profit run has changed investor sentiment: MD Geetansh Bamania
Rentomojo, the furniture and appliance rental company, says it is now profitable enough to pay for its own growth. The company has posted profits for four straight years, with FY26 profit at ₹104.3 crore. Its IPO opens on 9 September. Investors are selling shares, but the firm will use its fresh funds largely to repay debt. This shows the rental model has matured.
Key Statutory Highlights
- Rentomojo reported a four-year profit run, with FY26 profit after tax at ₹104.3 crore versus ₹43.1 crore in FY25.
- The ₹1,255.57 crore IPO opens on 9 September and closes on 11 September, with a price band of ₹384-404 per share.
- Net cash from operations in FY26 was ₹172.9 crore against capital spending of ₹175.8 crore, so the company can nearly fund growth itself.
Actionable Advice for Taxpayers / Founders:If you are considering the IPO, read the full offer document and speak to your financial adviser before investing.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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