Furniture rental platform Rentomojo Co-founder Ajay Nain has moved the National Company Law Tribunal (NCLT) to halt the startup's proposed IPO. Nain claimed he was misled into selling his around 9.41% stake in the startup in 2023. Rentomojo seeks to raise ₹150 crore through a fresh issue in IPO, alongside an offer for sale of around 2.83 crore shares.