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The Economic Times
The Economic Times
Ritesh Presswala

Rentomojo IPO opens today; GMP signals 32% potential listing gains. Should you subscribe?

The much-awaited Rentomojo IPO is set to open for subscription on September 9, giving investors a three-day window to place their bids. There's already plenty of buzz around the issue: the stock is commanding a grey market premium (GMP) of around 33% over its issue price, signalling strong expectations for listing gains.

The Rs 1,255.57 crore IPO has a price band of Rs 384 to Rs 404 per equity share. The issue will open on September 9, 2026, and close on September 11, 2026.

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