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Rentomojo Sets ₹384-404 IPO Price Band

Accel-backed firm sets price band ahead of three-day share sale starting September 9.

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3 Sources, 27d ago, first seen 27d ago

TLDR

BusinessLine reports that Rentomojo has set its IPO price band at ₹384-404 per share. The Accel-backed company targets a ₹4,200 crore valuation through the offering sized at $133 million. The three-day share sale opens on September 9 according to the announcement. The source line from the publication states the price band and opening date directly. No other details or outcomes appear in the supplied posts.

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3 Sources, first seen 27d ago

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Combined views

2.5K

3 Sources, first seen 27d ago

1 reposts

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3 Sources

@businesslineAccel-backed Rentomojo has set a ₹384-404 price band for its $133 million IPO, with the three-day share sale scheduled to open on September 9. https://www.thehindubusinessline.com/markets/accel-backed-rentomojo-sets-384-404-price-band-for-ipo/article71426798.ece
@Inc42🏠 @rentomojo files RHP, sets September 9 IPO date. 👇 Furniture and appliance rental startup RentoMojo has filed its red herring prospectus (RHP) with SEBI, with the IPO set to open for subscription on September 9. The startup plans to raise ₹150 Cr through a fresh issue, while trimming its OFS to up to 2.7 Cr shares from 2.84 Cr proposed earlier. Investors including Accel, Chiratae Ventures, Edelweiss Mutual Fund and GMO Venture will sell shares, while cofounder Geetansh Bamania will offload up to 8.5 Lakh shares. Around ₹70 Cr from the fresh issue will go towards debt repayment, while ₹42.5 Cr will fund rental or licence fees for stores and warehouses. RentoMojo reported a 45.5% YoY rise in operating revenue to ₹387 Cr in FY26, while restated PAT jumped 142% to ₹104.2 Cr. 🔗 To read the full story, click here: https://4-2.co/4h9OvDV #RentoMojo #IPO #FurnitureRental #PublicMarkets #News
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    3 Sources

    @businesslineAccel-backed Rentomojo has set a ₹384-404 price band for its $133 million IPO, with the three-day share sale scheduled to open on September 9. https://www.thehindubusinessline.com/markets/accel-backed-rentomojo-sets-384-404-price-band-for-ipo/article71426798.ece
    @Inc42🏠 @rentomojo files RHP, sets September 9 IPO date. 👇 Furniture and appliance rental startup RentoMojo has filed its red herring prospectus (RHP) with SEBI, with the IPO set to open for subscription on September 9. The startup plans to raise ₹150 Cr through a fresh issue, while trimming its OFS to up to 2.7 Cr shares from 2.84 Cr proposed earlier. Investors including Accel, Chiratae Ventures, Edelweiss Mutual Fund and GMO Venture will sell shares, while cofounder Geetansh Bamania will offload up to 8.5 Lakh shares. Around ₹70 Cr from the fresh issue will go towards debt repayment, while ₹42.5 Cr will fund rental or licence fees for stores and warehouses. RentoMojo reported a 45.5% YoY rise in operating revenue to ₹387 Cr in FY26, while restated PAT jumped 142% to ₹104.2 Cr. 🔗 To read the full story, click here: https://4-2.co/4h9OvDV #RentoMojo #IPO #FurnitureRental #PublicMarkets #News
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