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Rentomojo lists nearly 19% above ₹404 issue price

Indian furniture-rental brand Rentomojo listed at a roughly 19% premium to its ₹404 issue price. Among six IPO debuts, LCC Projects delivered the strongest opening premium of up to 31%, while Manipal Payment & Identity Solutions listed below issue price.

Rentomojo's NSE listing premium ranks third among the four debuts that listed above issue price
  • LCC Projects NSE premium to issue price29.45%
  • Karamtara Engineering NSE premium to issue price25.98%
  • Rentomojo NSE premium to issue price19.42%
  • Steamhouse India NSE premium to issue price16.67%

Reported figures

From the report. Source details below

Rentomojo: NSE ₹482.45, 19.42% above ₹404 issue price; BSE ₹480, 18.81% above issue price
LCC Projects: NSE ₹189, 29.45% above ₹146 issue price; BSE ₹191.90, 31.44% above issue price
Steamhouse India: NSE ₹94.50, 16.67% above ₹81 issue price; BSE ₹93, 14.81% above issue price
Karamtara Engineering: NSE and BSE ₹320, 25.98% above ₹254 issue price
Asset Reconstruction Co: NSE and BSE ₹139, equal to issue price
Manipal Payment & Identity Solutions: NSE ₹330, 2.65% below ₹339 issue price; BSE ₹332, 2.06% below issue price

The source

Source Read the source at Mint

Published

Also reported by The Hindu BusinessLine

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