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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.

RentoMojo share price: issue price, NSE listing price and intraday high a day later
  • 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

The source

Source Read the source at NDTV Profit

Published

Confirmed by Financial Express

First seen