CAM, Trilegal, TT&A, Hogan Lovells act on Rentomojo proposed ₹150 crore+ IPO

Rentomojo Limited has proposed an initial public offering comprising a fresh issue aggregating up to ₹150 crore and an offer for sale of up to 28,399,567 equity shares.

Cyril Amarchand Mangaldas is advising Rentomojo and the Promoter Selling Shareholder, Geetansh Bamania, on this IPO.

Trilegal is advising the selling shareholders, including Accel India IV (Mauritius) Limited, Edelweiss Discovery Fund - Series I, ValueQuest S.C.A.L.E. Fund, Madison India Opportunities V VCC, Chiratae Growth Fund – I , IDG Ventures India Fund III LLC, GMO Payment Gateway Inc, Chiratae Trust, GMO GFF Limited Partnership and eight other selling shareholders, on this IPO.

The transaction team is being led by Vijay Parthasarathi (Partner) and Vinay Sirohia (Partner), Harshvardhan Lahiri (Senior Associate) and Associates Kohsheen Saraf, Esha Alex, Jahnavi Jayasimha Rao and Vansh Dhoka.

TT&A is advising the book-running lead managers: Motilal Oswal Investment Advisors Limited, Axis Capital Limited, and IIFL Capital Services Limited, on this IPO.

The transaction team consists of Abhinav Kumar (Partner), Shubham Sancheti (Managing Associate), Associates Abhishek Iyer, Daniyal Khan, Harsh Shekhar, Vinit Bachwani, and Yash Bhandari (Paralegal)

Hogan Lovells is serving as the international legal counsel to the BRLMs.

The transaction team is led by Biswajit Chatterjee (Head of the India Practice and Managing Partner of the Dubai Office).

Rentomojo is the largest online rental and subscription platform for home furniture and appliances based on live subscribers and amongst leading home furniture and appliance rental platforms in India and is the first online furniture and appliances subscription platform business to file for IPO in India.

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