Mumbai, Sept. 17 -- The stock debuted at Rs 480 on the BSE, a premium of 18.81% over its issue price.
So far, the stock has hit a high of Rs 526 and a low of Rs 480. On the BSE, over 22.42 lakh shares of the company were traded in the counter so far.
The initial public offer of Rentomojo was subscribed 72.88 times. The issue opened for bidding on 9 September 2026 and closed on 11 September 2026. The price band of the IPO is fixed between Rs 384 and 404 per share.
The offer comprised a fresh issue of equity shares of Rs 1 each, aggregating to Rs 150 crore.
Of the net proceeds from the fresh issue, the company intends to use Rs 70 crore towards prepayment or repayment, in full or in part, of certain outstanding borrowings availed by the c...