GENERAL8 Sept 2026
IPO GMPs: Rentomojo, LCC Projects to Karamtara Engineering — what grey market signals about upcoming IPOs
Three initial public offerings—Rentomojo, LCC Projects, and Karamtara Engineering—open for bidding tomorrow, September 9, aiming to raise over ₹4,500 crore. Grey market signals show Rentomojo with a premium of ₹127, suggesting about 31% listing gain. Karamtara Engineering's premium is ₹60, suggesting about 24% gain. Remember, grey market premium is only an indication, not a guaranteed listing outcome. Allotment is expected September 15, with shares listing on September 17.
Key Statutory Highlights
- Rentomojo, LCC Projects, and Karamtara Engineering IPOs open for subscription on September 9, aiming to raise over ₹4,500 crore.
- Rentomojo's grey market premium is ₹127, implying a potential listing gain of 31.44% over its ₹404 upper price band.
- Karamtara Engineering's grey market premium is ₹60, indicating a potential listing gain of 23.62%, with allotment on September 15 and listing on September 17.
Actionable Advice for Taxpayers / Founders:Before bidding on these IPOs, treat the grey market premium as an unofficial signal, not a guaranteed listing outcome, and weigh it against your own risk appetite.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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