Trilegal advises selling shareholders on Rentomojo's INR 12,555.67 million IPO

Trilegal advised the selling shareholders, including Accel India IV (Mauritius) Limited, Edelweiss Discovery Fund – Series I, Chiratae Trust, IDG Ventures India Fund III LLC, ValueQuest S.C.A.L.E Fund, Madison India Opportunities V VCC, GMO Payment Gateway Inc, GMO GFF Limited Partnership and eight other selling shareholders on the the initial public offering of Rentomojo Limited aggregating up to INR 12,555.67 million, comprising of a fresh issue aggregating up to INR 1,500.00 million and an offer for sale aggregating up to INR 1,055.67 million.

Rentomojo made its stock market debut with shares listing at a nearly 19% premium.

Rentomojo operates a technology-driven, full-stack D2C and is the largest online rental and subscription platform for furniture and appliances in India based on live subscribers as of March 31, 2025, and September 30, 2025, and amongst leading home furniture and appliance rental platforms in India, as per subscription revenue during Fiscal 2025.

The Trilegal Capital Markets Team advising on this matter was led by Partners: Vijay Parthasarathi and Vinay Sirohia; and supported by Senior Associate: Harshvardhan Lahiri; and Associates: Kohsheen Saraf, Esha Alex, Jahnavi Jayasimha Rao, and Vansh Dhoka.

About Trilegal

Trilegal is a leading full-service law firm in India with over 25 years of experience, trusted for its in-depth expertise and client-centric approach. The firm advises a diverse set of clients, including Fortune 500 companies, global investment funds, major Indian conglomerates, domestic and international banks, technology and media giants, family offices, and high-net-worth individuals. Operating under a distinctive lockstep model, Trilegal is the largest equity partnership in the country, with offices across Mumbai, Delhi, Gurugram, Bengaluru, Chennai, Pune, and GIFT City.

Trilegal has consistently been recognised among India’s top-tier firms in leading legal directories such as Chambers & Partners (Asia Pacific and Global), Legal 500 Asia Pacific, and Benchmark Litigation. It has also earned several prestigious accolades, including being named Law Firm of the Year at the ET Global Legal Awards 2026, Best Overall Law Firm by India Business Law Journal (IBLJ) 2025, Innovative Lawyers in Disputes & Crisis Management by the Financial Times (FT) Innovative Lawyers Asia-Pacific Awards in 2025, and M&A Firm of the Year by IFLR Asia-Pacific in 2024.

For more information, please get in touch with Prakruti Jani | Mob: +91-9867868976 | BD@trilegal.com.