Rentomojo shares jump ~25% after $133m IPO debut
India’s furniture rental firm Rentomojo (RENT.NS) rose nearly 25% in its trading debut following a $133 million IPO, with shares around 504.5 rupees as of 10:20 a.m. IST after listing at 482.45 rupees.
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05:10:19 AM UTC
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India's Rentomojo jumps 25% in trading debut, valued at $553 million
NS) rose nearly 25% in its trading debut on Thursday after its $133 million initial public offering drew strong investor demand. m. 4% premium to the offer price.