Mumbai, Sept. 10 -- The initial public offer of Rentomojo received bids for 10,24,25,398 shares as against 2,17,72,311 shares on offer, according to stock exchange data at 17:00 IST on 10 September 2026. The issue was subscribed 4.70 times.

The issue opened for bidding on 9 September 2026 and will close on 11 September 2026. The price band of the IPO is fixed between Rs 384 and 404 per share. An investor can bid for a minimum of 37 equity shares and multiples thereof.

The offer comprises 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...