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Rentomojo stock trades above IPO price in second session

Rentomojo shares slipped over 1% on Friday, 18 September, and still traded around 44% above its IPO issue price after debut on Thursday.

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New Delhi, Sept. 18 -- Rentomojo shares slipped over 1% on Friday, 18 September, in their second trading session after the online furniture and appliance rental platform debuted on Thursday. Even with the decline, the stock was still trading around 44% above its IPO issue price.