SynopsisRentomojo’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).Furniture and home appliances rental startup Rentomojo’s initial public offering (IPO) sailed through on the first day of public bookbuilding with 1.42 times the shares on offer being subscribed.The day 1 subscription was led by non-institutional investors, who bid for 2.5 times the shares on offer, followed by retail investors at 1.5x.This follows Rentomojo’s anchor book subscription announced late on September 8, which saw domestic and foreignNow Playing