• D-Street debut: Rentomojo listed at a 19% premium on the NSE, with plans to deploy its IPO proceeds toward repaying existing debt.
• Revenue expansion drivers: Growth is focused on increasing user basket sizes and scaling high-performing categories like water purifiers alongside the core furniture and appliance rental segments.
• Average rental tenure: Rentals have evolved into a long-term alternative to ownership with an average duration of around 20 months, supported by high professional mobility among younger demographics.
• Asset utilization targets: Overall asset utilization is maintained at a benchmark level of 82% to 85% to balance operational efficiency and avoid lost revenue opportunities.
• Market creation strategy: Management is prioritizing customer awareness and purchase displacement over market share metrics, noting that 10 lakh items ordered on the platform displaced roughly ₹1,100 crore of purchase volume.