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Live News EQUITY ARTICLE M impact

RentoMojo IPO OFS sees Accel, Chiratae and GMO exit

RentoMojo’s Rs 1,255.6 crore IPO delivered exits via OFS: Accel sold Rs 317 crore; Chiratae and GMO fully exited. Co-founder Geetansh Bamania sold Rs 34.31 crore while retaining a stake.

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6 crore IPO delivered large exits through the offer for sale. Accel sold shares for Rs 317 crore, while Chiratae and GMO fully exited. 37 per cent stake.