Rentomojo Ltd - IPO

Rentomojo Ltd IPO Details

Initial public offer of up to [*] 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. [*] per equity share (including a share premium of Rs. [*] per equity share) (the offer price) aggregating up to Rs. [*] crores comprising a fresh issue of up to [*] equity shares aggregating up to Rs. 150.00 crores by the company (fresh issue) and an offer for sale of up to 28,399,567 equity shares aggregating up to Rs. [*] crores (offered shares) by the selling shareholders, comprising up to 2,007,181 equity shares aggregating up to Rs. [*] crores by Geetansh Bamania (promoter selling shareholder), up to 7,846,951 equity shares aggregating up to Rs. [*] crores by Accel India IV (Mauritius) Limited, up to 3,203,104 equity shares aggregating up to Rs. [*] crores by Edelweiss Discovery Fund - Series I, up to 2,713,418 equity shares aggregating up to Rs. [*] crores by Valuequest S.C.A.L.E. Fund, up to 2,398,550 equity shares aggregating up to Rs. [*] crores by Madison India Opportunities V VCC, up to 1,625,928 equity shares aggregating up to Rs. [*] crores by Chiratae Growth Fund - I represented by its Trustee Vistra Ltcl (India) Limited and acting through its investment manager, Chiratae India Investment Manager LLP, up to 1,588,393 equity shares aggregating up to Rs. [*] crores by IDG Ventures India Fund III LLC, up to 1,512,800 equity shares aggregating up to Rs.[*] crores by GMO Payment Gateway INC, up to 1,277,306 equity shares aggregating up to Rs. [*] crores by Chiratae Trust Represented by its Trustee Vistra Ltcl (India) Limited and acting through its investment manager, Naigama Investment Manager LLP, up to 842,174 equity shares aggregating up to Rs. [*] crores by GMO GFF Limited partnership, up to 719,315 equity shares aggregating up to Rs. [*] crores by Pratithi Investment Trust, acting through its trustee S. Gopalakrishnan, up to 507,000 equity shares aggregating up to Rs. [*] crores by Rajeev Chitrabhanu HUF, up to 376,824 equity shares aggregating up to Rs. [*] crores by Msivc 2018V Venture Capital Investment Limited partnership, and up to 76,260 equity shares aggregating up to Rs. [*] crores by Vcats Management Services Trust - II (Investor Selling Shareholders), up to 755,405 equity shares aggregating up to Rs. [*] crores by Renaud Laplanche, up to 481,368 equity shares aggregating up to Rs. [*] crores by Gaurav Bamania, up to 254,130 equity shares aggregating up to Rs. [*] crores by Gautam Dalmia, up to 113,460 equity shares aggregating up to Rs. [*] crores by Nitish Mittersain and up to 100,000 equity shares aggregating up to Rs. [*] 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 [*] equity shares of face value of Rs.1/- each, aggregating up to Rs.[*] 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.[*] 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.The face value of equity shares is Rs.1/- each. The offer price is [*] times the face value of the equity shares. The price band, the minimum bid lot and the employee discount will be decided by the company.

Objective of issue

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 our warehouses and experience stores. Payment of lease rental/ license fee for our warehouses and experience stores.

Rentomojo Ltd Contact Details

Rentomojo Ltd, Karvy Selenium Tow-B, 31&32 Financial Dist, Nanakramguda, Hyderabad-500032

Phone - 91-40-67162222

Fax - 91-40-23001153/23420814

Email - secretarial@rentomojo.com

Website - www.rentomojo.com