India, Sept. 4 -- Furniture and appliance rental company RentoMojo has set a price band of Rs.384-Rs.404 per share for its upcoming IPO.

At the upper end of the price band, the public issue will be worth Rs.1,255.6 Cr. This comprises a fresh issue of shares worth Rs.150 Cr and an OFS of up to 2.7 Cr shares worth Rs.1,105.6 Cr.

At the upper end of the price band, RentoMojo is seeking a post-offer market capitalisation of around Rs.4,206.3 Cr (about $445.1 Mn).

The IPO will open for bidding on Wednesday (September 9) and close on September 11 (Friday). Anchor investors will be able to place their bids on Tuesday (September 8). Investors can bid for a minimum of 37 shares and in multiples of 37 thereafter.

RentoMojo is also offering a di...