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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 :
Website :
www.rentomojo.com
Initial public offer of 31,080,011 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 to Rs. 1255.57 Crores comprising a fresh issue of 37,14,482 equity shares aggregating to Rs. 150.00 Crores by the company ("Fresh Issue") and an offer for sale of 27,365,529 equity shares aggregating to Rs. 1105.57 Crores ("Offered Shares") by the selling shareholders, comprising 849,175 equity shares aggregating to Rs. 34.31 Crores by Geetansh Bamania ("Promoter Selling Shareholder"), 7,846,951 equity shares aggregating to Rs. 317.02 Crores by Accel India IV (Mauritius) Limited, 2,882,794 equity shares aggregating to Rs. 116.47 Crores by Edelweiss Discovery Fund - Series I, 2,803,431 equity shares aggregating to Rs. 113.26 Crores by IDG Ventures India Fund III LLC, 2,713,418 equity shares aggregating to Rs. 109.62 Crores by Valuequest S.C.A.L.E. Fund, 2,398,550 equity shares aggregating to Rs. 96.9 Crores by Madison India Opportunities V VCC, 2,002,019 equity shares aggregating to Rs. 80.88 Crores by Chiratae Trust Represented by its Trustee Vistra Ltcl (India) Limited acting through its investment manager, Naigama Investment Manager LLP, 1,512,800 equity shares aggregating to Rs. 61.12 Crores on by GMO Payment Gateway INC, 842,174 equity shares aggregating to Rs. 34.02 Crores by GMO GFF Limited partnership, 753,647 equity shares aggregating to Rs. 30.45 Crores by MSIVC 2018v Venture Capital Investment Limited Partnership, 719,315 equity shares aggregating to Rs. 29.06 Crores by Pratithi Investment Trust, acting through its Trustee S. Gopalakrishnan, 307,000 equity shares aggregating to Rs. 12.4 Crores by Rajeev Chitrabhanu HUF, and 76,260 equity shares aggregating to Rs. 3.08 Crores by Vcats Management Services Trust - ii ("Investor Selling Shareholders"), 755,405 equity shares aggregating to Rs. 30.52 Crores by Renaud Laplanche, 400,000 equity shares aggregating to Rs. 16.16 Crores by Gaurav Bamania, 254,130 equity shares aggregating to Rs. 10.27 Crores by Gautam Dalmia, 148,460 equity shares aggregating to Rs. 6 Crores by Nitish Mittersain and 100,000 equity shares aggregating 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 includes a reservation of 52,083 equity shares of face value of Rs. 1 each, aggregating to Rs. 2 Crores (constituting 0.05% 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 constituted 29.85% and 29.80% of the post-offer paid-up equity share capital of the company, respectively. Price Band: Rs. 404 per equity share of face value of Rs. 1 each. The floor price 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
Opens On
Closes On
09-Sep-26
11-Sep-26
Money Payable On
Application
Allotment
404.00
0.00
Minimum Application for shares in Nos : 37 Further Multiples of : 37
Cr
Lead Managers to the Issue
Project Cost (
.Cr)
141.37
Axis Capital Limited
Project Financed through Current Offer (
.Cr)
1255.57
Post Issue Equity Share Capital (
.Cr)
10.41
Issue Price (
)
404.00
Projects
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 Investors:
Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020. || Update your mobile number & email Id with your stock broker/depository participant and receive OTP directly from depository on your email id and/or mobile number to create pledge. || Pay 20% upfront margin of the transaction value to trade in cash market segment. || Investors may please refer to the Exchange's Frequently Asked Questions (FAQs) issued vide circular reference NSE/INSP/45191 dated July 31, 2020 and NSE/INSP/45534 dated August 31, 2020 and other guidelines issued from time to time in this regard. || Check your Securities /MF/ Bonds in the consolidated account statement issued by NSDL/CDSL every month. || 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. || 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.