Rentomojo IPO Day 3: GMP at 33%, subscription reaches 4.71 times. Should you subscribe?
Quick Summary
The Rentomojo IPO is currently in its final bidding phase on Day 3. By Day 2, the offering had been subscribed 4.71 times, with its Grey Market Premium (GMP) reported at 33%. Investor interest has reportedly increased, partly due to a 'Subscribe' rating from SBI Securities.
Key Takeaways
- Rentomojo IPO is on its final bidding day (Day 3).
- The IPO was subscribed 4.71 times by Day 2.
- Grey Market Premium (GMP) is reported at 33%.
- SBI Securities has given a 'Subscribe' rating.
Why It Matters
For retail investors, details like IPO subscription rates and Grey Market Premium (GMP) can offer insights into market demand and sentiment for a new listing. This information can be a factor in evaluating the potential market reception of the IPO.
Summary, takeaways and analysis above are written by CAPITA1's AI from the source report. For educational purposes only. Not investment advice.
The IPO in this story
Rentomojo Limited
- Price Band
- ₹384 – ₹404
- GMP
- ₹135 (+33.42%)
- Subscription
- 72.88x
Opens 09 Sept 2026 · Closes 11 Sept 2026
CAPITA1 desk — unofficial grey-market estimate — Unofficial grey-market estimate — not an exchange price. Updated 09 Sept 2026, 06:26 pm.
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