Rentomojo IPO Opens With Strong 33% GMP Expectations

Rentomojo launched its initial public offering on September 9, running through September 11 with a price band of ₹384 to ₹404 per share. Grey market trends indicate a potential 33 percent listing pop with an expected price of ₹538. The dual-structure public offering combines a fresh issue and an offer for sale, highlighting robust investor confidence in the firm's innovative leasing model.