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RentoMojo IPO Subscribed 69% So Far On Day 1, NII Portion Booked 90%
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Rentomojo’s $133 Million IPO Fully Subscribed on First Day
Rentomojo’s ₹1,256 crore ($133 million) initial public offering was fully subscribed on its first day of bidding on Wednesday, marking strong investor interest in the furniture rental company. The Bengaluru-based firm aims to become India’s first listed furniture rental company. The 12-year-old company received bids for 22.07 million shares against 21.77 million shares on offer. […]
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