Business
Rentomojo IPO to open at ₹511 on Sept 17, sees 73‑times demand
Reported by Abhishek Tiwari (Copy Editor) · Livemint - Markets ·
Representative image · Wikimedia CommonsRentomojo Ltd’s shares are set to debut on the NSE and BSE on Thursday, 17 September at 10:00 IST, with an estimated opening price of ₹511, a 26.49% premium to the issue price. The issue was subscribed 72.88 times overall, with qualified institutional buyers leading the demand. Allotment of shares was finalised on Tuesday, 15 September. Shares will be listed in a special pre‑open session on both exchanges and become tradable from 10:00 IST. A BSE notice confirmed that the equity shares will be admitted for trading on the exchange in due course.
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