Rentomojo IPO: ₹1,256 Cr issue at 38-40x P/E opens Sept 9
Rentomojo's ₹1,255.57 crore IPO opens for public subscription on September 9 with a price band of ₹384-404. The issue is dominated by a ₹1,105.57 crore offer for sale, while the company receives only ₹150 crore in fresh capital. Investors face a valuation of 38-40x fiscal 2026 earnings.
Source: economictimes.indiatimes.com · thehindubusinessline.com