Rentomojo’s ₹1,255.57 crore initial public offering will open on 9 September and close on 11 September, with a price band of ₹384-404 a share. It comprises a fresh issue of shares for ₹150 crore and an offer for sale of shares worth ₹1,105.57 crore. Existing investors Accel India, Edelweiss Discovery Fund, ValueQuest, Madison India, Chiratae Ventures and GMO, along with promoter Bamania, are expected to sell shares.
