Rentomojo IPO sees full subscription on opening day

The ₹1,256-crore initial public offering from Rentomojo was completely subscribed when bidding opened this Wednesday. Aiming to be the first furniture rental firm to list in India, the company has fixed its price range between ₹384 and ₹404 per share. The offering includes a fresh issue of ₹150 crore alongside an offer for sale (OFS) totaling 2.74 crore shares.

by shortkt.com
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Rentomojo IPO sees full subscription on opening day | ShortKT