Sep 10, 2026, 8:15 AM6 views

Rentomojo IPO day 2; GMP signals 35% potential listing gains. Should you subscribe?

, ETMarkets.comLast Updated: Sep 10, 2026, 08:15:00 AM IST

Synopsis

Rentomojo is currently in the second day of its initial public offering, displaying an impressive grey market premium of thirty-five percent. Retail investors have eagerly subscribed, exceeding their quota by one point fifty-four times. The company plans to allocate the IPO funds towards debt repayment and essential operational costs. Analysts recommend subscription due to Rentomojo's strong market position and promising growth potential.

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