GENERAL16 Sept 2026
Rentomojo IPO listing tomorrow: GMP hints 27% listing pop | Expert view on share price ahead of NSE, BSE debut | Stock Market News
Rentomojo lists on BSE and NSE on 17 September at 10:00 IST. Its grey market premium of ₹107 points to an opening price near ₹511, about 26.49% above the ₹404 issue price. The IPO was subscribed 72.88 times, with the qualified institutional buyers portion at 177.29 times. If you got shares, experts suggest booking partial gains and holding the rest.
Key Statutory Highlights
- Rentomojo shares will list on both BSE and NSE on 17 September, with trading starting at 10:00 IST after a special pre-open session.
- The grey market premium of ₹107 suggests an opening price of ₹511, which is 26.49% higher than the IPO price of ₹404.
- The IPO was subscribed 72.88 times overall, with qualified institutional buyers bidding 177.29 times, non-institutional investors 67.93 times and retail investors 15.59 times.
Actionable Advice for Taxpayers / Founders:Check your allotment status, finalised on 15 September, before the listing, and if you hold shares, speak to your advisor before deciding on booking gains, since grey market premiums move and listing-day prices are not guaranteed.
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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