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Rentomojo’s Rs 1,256 crore IPO sails through on launch day; anchors invest Rs 376 crore - The Economic Times
Rentomojo’s initial public offering (IPO) received 1.42 times the shares on offer on day one, led by non-institutional investors. The Bengaluru-based furniture and home appliances rental startup is seeking Rs 150 crore in fresh capital, while existing investors are selling shares worth Rs 1,106 crore through an offer for sale (OFS).
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