GENERAL3 Sept 2026
Rentomojo files RHP for IPO; fresh issue worth up to Rs 150 crore, OFS of 2.74 crore shares
Rentomojo has filed its Red Herring Prospectus, or RHP, for an initial public offering. The fresh issue will raise up to ₹150 crore. The offer for sale has been trimmed to 2.74 crore shares from 2.84 crore planned earlier. The final total issue size will depend on the offer price. Investors should track the upcoming IPO details for a chance to subscribe.
Key Statutory Highlights
- Rentomojo has filed its RHP for an IPO with a fresh issue worth up to ₹150 crore.
- The offer for sale has been reduced to 2.74 crore shares from the 2.84 crore proposed in the DRHP.
- The total issue size will be decided based on the final offer price.
Actionable Advice for Taxpayers / Founders:If you are considering investing, read the RHP and wait for the final price band and opening date before deciding to bid.
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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