GENERAL9 Sept 2026
Rentomojo IPO Day 1 LIVE: GMP hints 33% listing pop. Check latest subscription, review, key dates. Should you apply? | Stock Market News
Rentomojo's IPO opened 9 September and closes 11 September. Shares are priced at ₹384-404. Grey market premium suggests a listing near ₹538, about 33% higher. The issue is a mix of fresh shares and an offer for sale. It affects investors looking at India's rental economy. Allotment is expected 15 September, with listing on 17 September. If you applied, watch those dates.
Key Statutory Highlights
- The Rentomojo IPO opened on 9 September and closes on 11 September, with a price band of ₹384 to ₹404 per share.
- Grey market signals suggest a listing around ₹538, roughly 33% above the upper price band.
- Allotment is expected on 15 September, refunds on 16 September, and shares may list on BSE and NSE on 17 September.
Actionable Advice for Taxpayers / Founders:If you applied, check allotment on 15 September and your demat account on 16 September. If you're still deciding, the issue closes on 11 September—some analysts say the valuation leaves limited safety margin.
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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