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RentoMojo gains nearly 9% intraday a day after listing at a 19% premium
Indian furniture and appliance rental platform RentoMojo rallied nearly 9% intraday a day after listing at an approximately 19% premium to its Rs 404 issue price. Its Rs 1,255.57 crore IPO comprised a Rs 150 crore fresh issue and Rs 1,105.57 crore offer for sale.
- IPO issue price₹404
- NSE listing price₹482.45
- Intraday high a day after listing₹581.95
Reported figures
From the report. Source details below
| Shares rose 8.93% intraday to | Rs 581.95 |
|---|---|
| Shares traded at Rs 566.40, up | 5.94% |
| Previous close: | Rs 534.25 |
| NSE listing price: | Rs 482.45, 19.42% above issue price |
| BSE listing price: | Rs 480, 18.81% above issue price |
| IPO price band: | Rs 384-404 per share |