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.
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Rentomojo IPO fully subscribed on first day of bidding
Rentomojo’s 12.56 billion-rupee ($133 million) IPO was fully subscribed on Wednesday’s first day of bidding, supported by investor demand for the debut of India’s furniture and appliance rental platform.