India, Sept. 11 -- Online furniture and appliance rental platform RentoMojo's IPO was subscribed 17.18X by 13:27 IST on the final day of bidding today.

The IPO received bids for 37.41 Cr shares against 2.18 Cr shares on offer, according to BSE data.

The portion reserved for non-institutional investors (NIIs) saw the strongest demand, receiving bids for 19.80 Cr shares against 46.54 Lakh shares on offer. The category was subscribed 42.54X.

Within the NII category, the portion for bids exceeding Rs.10 Lakh was subscribed 45.41X. Meanwhile, the portion for bids of more than Rs.2 Lakh and up to Rs.10 Lakh was subscribed 36.81X.

Retail investors placed bids for 11.09 Cr shares against the 1.09 Cr shares reserved for them, translating into ...