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Live News EQUITY ARTICLE M impact

Rentomojo IPO fully subscribed on first day at ₹12.56 billion

Rentomojo’s 12.56 billion-rupee ($133 million) IPO was fully subscribed on the first day of bidding on Wednesday. Bids totaled 22.07 million shares versus 21.77 million shares.

56 billion-rupee ($133 million) initial public offering was fully subscribed on the first day of bidding on Wednesday. 77 million shares on offer.