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Rentomojo set to go public at Rs 4,246 crore valuation, set to raise Rs 1,256 crore via IPO
In its ambitious IPO initiative, Rentomojo targets a valuation of ₹4,246 crore, while securing ₹150 crore in fresh funding. Additionally, existing investors plan to divest shares valued at ₹1,106 crore through an offer for sale. Impressively, the startup reported a 142% jump in net profit, which reached ₹104.3 crore in FY26. Mark your calendars, as the IPO launches on September 9.
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thehindubusinessline.com
Rentomojo sets IPO price band at ₹384-404 per share
Accel-backed Rentomojo sets ₹384-404 IPO price band, targeting a ₹4,200 crore valuation, with the three-day share sale opening on September 9.
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economictimes.indiatimes.com
Rentomojo fixes price band for Rs 1,256 crore issue opening on September 9
Rentomojo has fixed its IPO price band at Rs 384-404 per share for its Rs 1,255.57 crore public issue, which will open on September 9 and close on September 11. The IPO comprises…
